Core Viewpoint - The article highlights three profitable AI stocks—MasTec, Vertiv, and nVent Electric—that are outperforming data center startups like CoreWeave due to their sustainable business models and strong financials, contrasting with CoreWeave's unsustainable debt levels and spending plans [3][5][6]. Company Summaries MasTec (MTZ) - MasTec reported Q4 2025 revenue of $3.94 billion, reflecting a 16% year-over-year increase, and has a record backlog of $19 billion, which is up 33% year-over-year [2][9]. - The company forecasts a revenue growth of approximately 19% to $17 billion for 2026, with adjusted EBITDA expected to reach $1.45 billion, an increase of about 26% [9][10]. Vertiv (VRT) - Vertiv achieved full-year 2025 revenue of $10.2 billion, with a 26% organic sales growth and adjusted diluted EPS rising 47% to approximately $4.2 [2][11]. - In Q4 alone, sales grew by 23% year-over-year, and the backlog reached $15 billion, indicating strong demand for its digital infrastructure products [12]. nVent Electric (NVT) - nVent Electric generated $1 billion in data center sales in 2025, marking a 50% year-over-year increase, with its backlog tripling to $2.3 billion [2][15]. - The stock has increased over 300% in the past five years, and the company is trading at 27 times earnings, which is near the historical median [14][16].

Investment Rating - The report does not explicitly provide an investment rating for the Southeast Asia private capital market Core Insights - Southeast Asia's macroeconomic outlook has improved modestly, with growth forecasts for 2025 and 2026 revised upward to 4.5% and 4.4% respectively, driven by stronger-than-expected performance in key markets [6] - Despite improved macro forecasts, private capital markets have not rebounded, with venture capital (VC) activity contracting due to structural constraints rather than macroeconomic deterioration [6][12] - Private equity (PE) has shown resilience, with capital deployment in line with historical norms, particularly in B2B and infrastructure-linked sectors [7][68] - Liquidity remains a significant constraint, with subdued exit activity across both VC and PE, highlighting the need for deeper exit pathways to drive ecosystem maturity [8] Market Overview - The Asian Development Bank has revised growth forecasts for Southeast Asia, reflecting stronger performances in Indonesia, Malaysia, Singapore, and Vietnam, while the Philippines faces softer growth expectations [6] - VC deal activity in Southeast Asia fell 33.9% year-over-year to $6.3 billion across 805 transactions in 2025, indicating a continued contraction [12] - The region's venture ecosystem is maturing, with a lack of consistent distributions to limited partners (LPs) due to a weak exit environment [13][34] Dealmaking - VC deal activity has seen a significant decline, with pre-seed/seed activity falling to its lowest share of total deals in the past decade, indicating reduced experimentation in the ecosystem [20] - The median VC deal value increased from $2.7 million in 2024 to $4 million in 2025, reflecting a trend where fewer companies are raising capital but those that do are securing larger rounds [25] - Singapore continues to dominate the VC landscape, with its share of total regional deal value rising steadily since 2020, indicating a structural consolidation of capital [46] Exits - VC exit activity remained subdued in 2025, with only 58 exits recorded, reflecting a thin pipeline of scaled, exit-ready assets [105] - Acquisitions accounted for the majority of VC exits, with software companies representing the largest share of exits [107][109] - PE exit activity also showed a decline, with 32 exits and a total exit value of $5.7 billion, primarily through trade sales or secondary buyouts [118] Fundraising - Fundraising pressures persist in the private capital markets, with nondomestic LP participation moderating and governance scrutiny remaining elevated [6] - The report highlights a growing backlog of late-stage companies operating in a constrained liquidity environment, with limited pathways for realizing elevated private valuations [36]

Fourth Quarter Fiscal 2025 Earnings Call March 2, 2026 1 FORWARD-LOOKING STATEMENTS This presentation includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended, (the "Exchange Act"). Forward-looking statements may include words such as "aim," "estimate," "plan," "project," "forecast," "goal," "intend," "will," "expect," "anticipate," "believe," "seek," "target" or ...

Core Viewpoint - Core Scientific, Inc. is set to release its fourth quarter and fiscal year 2025 financial results on March 2, 2026, after market close, followed by a conference call and webcast to discuss the results [1] Financial Results Announcement - The financial results will be discussed by key executives including the CEO, COO, CFO, and VP of Investor Relations during the conference call scheduled for 3:30 p.m. Central Time [1] - Investors can access the live audio webcast through the company's website, with a recommendation to log in 10 minutes early to install necessary software [1] Company Overview - Core Scientific, Inc. specializes in designing, building, and operating large-scale data centers for high-density colocation services and digital asset mining [1] - The company operates facilities across several states including Alabama, Georgia, Kentucky, North Carolina, North Dakota, Oklahoma, and Texas [1] - Core Scientific is transitioning its facilities to support artificial intelligence-related workloads and next-generation colocation services, aiming to increase revenue from high-density colocation [1]

Core Insights - Alibaba (BABA) is positioned as a crucial player in providing the digital infrastructure necessary for Chinese companies to excel in the global AI landscape [1] Group 1: Company Overview - Alibaba is more than just an e-commerce giant; it plays a significant role in the development of AI technologies that are reshaping industries [1] Group 2: Industry Impact - The company is at the forefront of the AI revolution, which is expected to create new investment opportunities in the coming decade [1]

Core Insights - Equinix has been recognized as a leader in sustainability within the datacenter services sector according to the IDC MarketScape report for 2025-2026, highlighting its strong commitment to environmental stewardship and innovative practices [1][2]. Sustainability Initiatives - Equinix reported a 245% increase in waste heat export, totaling 14.5 GWh in 2024, with significant contributions to municipal heating networks in cities like Helsinki, Toronto, and Paris [1]. - The company achieved an annual average Water Usage Effectiveness (WUE) of 0.95 in 2024, emphasizing best practices in water management for cooling [1]. - Equinix's global annualized average Power Usage Effectiveness (PUE) improved by 6% year-over-year to 1.39 in 2024, with a target of 1.33 by 2030 [1]. Emission Reduction Goals - Equinix aims for net-zero emissions across its value chain by 2040, targeting a 90% reduction in absolute Scope 1 and 2 emissions and a 90% reduction in Scope 3 emissions from a 2019 baseline [1]. Renewable Energy Commitment - The company is on track to achieve 100% clean and renewable energy coverage by 2030, having reached 96% global coverage in 2024, including 100% in the Americas and EMEA [1]. Financial Investments in Sustainability - Since 2020, Equinix has issued over $9 billion in green bonds, with approximately $4.9 billion allocated to sustainable projects, including green buildings and renewable energy initiatives [1]. Customer Support for Decarbonization - Equinix provides customized sustainability reporting for customers, offering detailed data on electricity consumption, renewable energy coverage, carbon emissions, and water usage [1].

Core Insights - Equinix, Inc. has appointed Douglas Merrill as Chief Information Security Officer (CISO), effective immediately, to enhance its global security organization and ensure the resilience and integrity of its digital infrastructure [1][2][3] Group 1: Leadership and Security Strategy - Douglas Merrill brings over 30 years of experience in technology modernization and transformation, which will be crucial for Equinix's commitment to security excellence [1][3] - Merrill previously served as interim CISO for six months, during which he redesigned Equinix's global security organization and introduced a strategic framework for integrating security across platforms, products, and services [2][3] - Harmeen Mehta, Executive Vice President and Chief Digital and Innovation Officer, emphasized the importance of embedding world-class security into product design to reduce risk and enhance customer confidence [2] Group 2: Background and Expertise - Merrill has a notable background, having served as a partner at McKinsey and as Chief Information Officer at Google, where he shaped technology strategy [3] - He is recognized for leading transformational security programs and driving innovation in cloud security, AI, and digital transformation [3][4] - Merrill holds master's and doctoral degrees in cognitive science from Princeton University and is a published author with patents in machine learning applications [4] Group 3: Company Overview - Equinix is positioned as a critical player in the world's digital infrastructure, connecting economies and delivering seamless digital experiences [5] - The company aims to set the standard for secure digital infrastructure on a global scale, focusing on innovation and customer trust [3]

Core Insights - Equinix, Inc. has appointed Rebecca Kujawa to its Board of Directors, bringing extensive experience from the energy sector, particularly in renewables [1][2] - Kujawa previously served as President & CEO of NextEra Energy Resources, managing $15–$20 billion in annual capital investment and overseeing significant growth in various energy sectors [2][3] - The company aims to double its existing footprint in the next five years, leveraging Kujawa's expertise to navigate the complex global energy market [2] Company Overview - Equinix is recognized as the world's digital infrastructure company, providing data center services and interconnected ecosystems that enhance digital experiences globally [4] - The company focuses on delivering seamless connectivity and cutting-edge AI solutions to empower innovations across various sectors [4] Leadership and Governance - Rebecca Kujawa has a strong governance background, having served as Chairperson of Nuclear Electric Insurers Limited and as a board member of XPLR Infrastructure, contributing to strategic oversight in financial integrity and regulatory compliance [3] - She has been acknowledged for her leadership and strategic vision, being named one of Fortune's "Next to Lead: The 25 Most Powerful Rising Executives in the Fortune 500" [3]

Core Insights - Tampnet has been selected to provide digital infrastructure for the Salamanca deep-water development operated by LLOG Exploration in the US Gulf, which has commenced production at the Leon and Castile fields [1] - The project utilizes an updated Independence Hub FPS for sustained operations [1] Network Expansion and Services - Tampnet has expanded its subsea fibre-optic network by 140km and increased its 4G/5G LTE network coverage by approximately 10,000km² to support the Salamanca project and other developments in the area [2] - The network solution includes fibre-based connectivity and Tampnet's own 5G infrastructure, designed for secure network slicing for high-bandwidth industrial applications [3] - The system is integrated with FirstNet and AT&T for vital communications, featuring a backup via low Earth orbit satellite for consistent operations [3] Infrastructure and Clientele - Following the expansion, Tampnet's network in the US Gulf now exceeds 1,700km of subsea fibre, connecting over 20 offshore facilities [4] - Tampnet serves more than 450 energy assets, both fixed and mobile, and continues to invest in infrastructure to support the offshore energy industry's digital transformation [4][5]

Core Viewpoint - Revolve Renewable Power Corp. is actively participating in the Annual Smallcap Discoveries Conference, highlighting its recent developments in renewable energy projects [1] Group 1: Company Participation - The conference will take place on September 29-30, 2025, at the Parq Hotel and Casino in Vancouver, British Columbia [1] - CEO Myke Clark is scheduled to present on September 29th at 2:45pm [1] Group 2: Project Developments - The presentation will cover Revolve's recent solar project acquisition in Alberta [1] - It will also address the key project approval for the late-stage Bright Meadows solar project in Alberta [1] - Additionally, the company will discuss utility wind project developments in Mexico and new opportunities in the digital infrastructure sector [1]