Bible 4Q24 - Smartphones: semis back to growth; shipments stabilizing; iPhone misses again.

Today, we are publishing the Smartphones section of our 26th Tech Infrastructure Quarterly Bible. The Tech Bible is a must-read for any tech investor, as it summarizes the quarterly earnings reports from the over 140 companies we track, providing an update on our key perspectives and convictions. In the coming weeks we will publish sections on Automotive, Memory, Cloud Infrastructure, Telecom Equipment, Industrials, PCs, Enterprise IT, Ride sharing & Delivery, Foundry, and Semicap Equipment. Shipments are stabilizing, with the 2025 outlook implying slight units growth, stable vs. 2024, after ...

Soitec: Is the growth story dead?

Soitec's stock dropped >20% after guiding FY26 (Mar-26) well below expectations. In today’s note, we explore the drivers behind the weakness and address the key question: Is Soitec’s growth story dead?

Soitec 3FQ25: Auto & Industrial cycle hits as mobile recovers

Soitec reported 3FQ25 yesterday and hosted its conference call this morning. Please see the link below for our take on the print.

Unibail-Rodamco-Westfield : Management confident on the group’s 2025 trajectory

Credit Morning 04/28/2025

Isabel Marant: improving Q4 results (main takeways)|Verallia: the board of directors issues a favourable opinion on the takeover bid|Mediobanca bids €6.3 bn for Banca Generali|

Morning Crédit 28/04/2025

Isabel Marant : résultats T4 supérieurs aux attentes (premiers éléments)|Verallia : le conseil d’administration émet un avis favorable à l’offre de rachat|Mediobanca lance une offre à 6.3 mds EUR sur Banca Generali|