Amazon (Buy, $340 target) AGI re-org looks +ve for Trainium as "Great...

Earlier this week, AMZN CEO Andy Jassy announced the creation of “a new organization that drives our most expansive AI models (e.g. Nova—and the team we’ve called “AGI”), silicon development (e.g. Graviton, Trainium, Nitro), and quantum computing,” to be led by 27-year veteran, and AMZN lifer, Peter DeSantis.

VZ/FBYR/CPUC Update: Build Out Requirements Remain an Issue

In a recent analysis of an Administrative Law Judge issuing a Proposed Decision recommending California Public Utilities Commission (CPUC) approval of the VZ/FYBR deal, albeit with numerous conditions, we focused on the conditions related to the tension between VZ’s letter to the FCC changing its policies toward DEI and requirements under California law and regulation, as that has been the key discussion point in the process to date. We noted but did not focus on the build-out requirement in pa...

Daily Views on Tech Headlines | TSMC, META, AXTI

META, AI: Meta prepares major AI push in 1H26View: Meta is accelerating its AI strategy with the development of two new flagship AI models. According to The Wall Street Journal, its image and video generation system code-named "Mango," and a text-based LLM dubbed "Avocado" are both expected in the

Wedbush Morning Call - Dec 19 2025 7:11AM

2026 Consumer Internet Outlook: You Ain’t Seen Nothing Yet

CMCSA 4Q25 Preview

We have updated our model for recent management commentary at investor conferences. Changes to our estimates are minor. We expect broadband losses to remain elevated due to heightened competition from fiber and FWA.

VZ/FYBR Moves Toward California Approval

The VZ/FYBR deal has moved closer to closing with an Administrative Law Judge issuing a Proposed Decision recommending California Public Utilities Commission (CPUC) approval, albeit with numerous conditions. In this note we discuss that Proposed Decision and the steps forward from here.

Daily Views on Tech Headlines | ASML, IONQ

VZ: Investor meeting key takeaways

We hosted a Verizon investor lunch yesterday. We feel we came away with a clearer understanding of the evolving ‘Dan Plan’. Long story short, the chances of VZ ‘burning down the neighborhood’ are far lower than generally feared. This fear has nevertheless been priced into sector stocks, which may present an opportunity across the sector.

Bible 3Q25 – Telecom: Growth in fixed & semis; mobile stabilizing

Today, we are publishing the Telecom Infrastructure section of our 29th 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. Fixed equipment revenues are rebounding from the inventory correction, rising 11% YoY. RAN revenues declined 1% YoY, reflecting the ongoing weak demand following the 5G cycle. Telecom semis ...

Daily Views on Tech Headlines | AMZN, ORCL, AAPL, AVGO, OpenAI

Wedbush Morning Call - Dec 17 2025 6:57AM

No Longer Science Fiction. Just Science: Taking The Quantum Leap Forwa...

It's D-Day for D-Wave; Initiating at OUTPERFORM and $35 PT

Just Buy Rigetti... Or You'll Regret'it: Initiating at OUTPERFORM and ...

Bible 3Q25 – Hyperscale & Cloud: 2026 capex expectations up another 1...

Today, we are publishing the Hyperscale & Cloud section of our 29th 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. We will publish sections on Telecom Equipment, Industrials, PCs, Enterprise IT, and Foundry later this week. Hyperscale revenues grew 16% YoY, with cloud services up nearly 30%. Capacity constra...

Walt Disney Co: 1 director

A director at Walt Disney Co bought 71 shares at 0.000USD and the significance rating of the trade was 51/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly sho...

Daily Views on Tech Headlines | NVDA, INTC

Wedbush Morning Call - Dec 16 2025 6:55AM

Takeaways from AV Regulatory Expert Call

Motor vehicles, including AVs, face different regulations at the federal, state, and local levels. At the federal level, the NHTSA issues the Federal Motor Vehicle Safety Standards (FMVSS), regulating the design, construction, and performance of vehicles. At the state level, regulators govern traff