MPWR’s stock story is one of patience rewarded. Over the past two decades, the stock has delivered returns of more than 5,800%, an extraordinary run built on execution rather than hype. After its inclusion in the S&P 500 ($SPX) in 2021, the stock is up roughly 160%. Just last month, MPWR earned another badge of maturity with its entry into the Nasdaq-100, reinforcing its growing institutional relevance.Public since 2004, Monolithic has spent the past two decades methodically expanding beyond core PMICs into ...

Group 1 - Meta is laying off 10% of staff in its Reality Labs division, which has approximately 15,000 employees, potentially impacting over 1,000 people [1] - The company plans to shut down studios such as Armature Studio, Twisted Pixel, and Sanzaru, along with Oculus Studios Central Technology [2] - Job cuts will not affect employees working on augmented reality, as Meta aims to develop glasses and controllers, with savings from cuts allocated for AR development [3] Group 2 - Meta is shifting focus towards AI development, having moved metaverse head Vishal Shah to oversee AI products and reorganized to establish Superintelligence Labs [4] - The company is actively recruiting top researchers from other labs to enhance its AI capabilities [4] - Meta did not provide immediate comments regarding the layoffs and restructuring [5]

Financial Performance & Guidance - Q2 2025 sales for continuing operations were $2.047 billion, compared to $1.935 billion in Q2 2024[25] - Q2 2025 adjusted EBITDA for continuing operations was $145 million, up from $110 million in Q2 2024, with a margin of 7.5%[25] - The company increased its full-year 2025 profit guidance by $35 million and free cash flow guidance by $50 million for continuing operations[12] - Full-year 2025 sales guidance for continuing operations is approximately $7.4 billion[21] - Full-year 2025 adjusted EBITDA guidance for continuing operations is approximately $575 million[21] - Full-year 2025 adjusted free cash flow guidance is approximately $275 million[21] Strategic Initiatives - The company announced a definitive agreement to sell its off-highway business[8] - The sale of the off-highway business is expected to close late in the fourth quarter of 2025, with net cash proceeds of $2.4 billion from a $2.7 billion purchase price[11] - The company announced a $1 billion capital return authorization and a $2 billion debt reduction plan[8] - The company repurchased 14.6 million shares in Q2, representing 10% of shares outstanding, returning $257 million to shareholders[11] - The company anticipates a $100 million to $150 million share repurchase in Q3[11]

Core Insights - OMRON Corporation and Cognizant have formed a strategic partnership to integrate IT and OT in the manufacturing sector, with Cognizant serving as the engineering partner for OMRON's Industrial Automation Business products [1][2] Company Overview - OMRON is recognized for its advanced automation technology and offers a wide range of OT products, including sensors, controllers, servo motors, safety equipment, and robots [2][6] - Cognizant specializes in IT-OT convergence and provides capabilities in cloud, AI, IoT, and digital twin technologies [2][6] Partnership Objectives - The collaboration aims to deliver a comprehensive solution for digital transformation, enhancing operational excellence through consultancy, implementation, operation, and maintenance [3][4] - Target industries for this partnership include Automotive, Semiconductor, Electronics, Industrial Manufacturing, Life Sciences, and Consumer Goods [3] Business Model and Benefits - The partnership seeks to create a unique business model that addresses on-site and management challenges through continuous IT-OT analysis and improvements [4][5] - The integration is expected to promote sustainable manufacturing by improving productivity, workforce efficiency, and reducing greenhouse gas emissions [4][8] Data Utilization - OMRON's extensive product lineup, which includes over 200,000 SKUs, will provide high-quality field data for Cognizant's Asset Performance Excellence platform and OnePlant™ maturity assessment tool [5] - This data will facilitate the analysis of IT-related issues and prioritize management improvements, ultimately enhancing decision-making processes [5] Future Vision - The partnership aims to advance manufacturing by leveraging emerging technologies and integrating IT and OT systems to create a connected, intelligent, autonomous, sustainable, and resilient manufacturing environment [6][8]