Anatoly Morozov/iStock via Getty Images Investment Thesis I am rating Applied Optoelectronics ( AAOI ) a Buy rating. The major reason is the fact that I believe the stock is not just moving only on AI excitement, but it is moving because the company is converting that AI excitement into revenue guidance, hyperscaler orders, manufacturing capacity and a path toward profitability. The reason I say t...
Anatoly Morozov/iStock via Getty Images Investment Thesis I am rating Applied Optoelectronics ( AAOI ) a Buy rating. The major reason is the fact that I believe the stock is not just moving only on AI excitement, but it is moving because the company is converting that AI excitement into revenue guidance, hyperscaler orders, manufacturing capacity and a path toward profitability. The reason I say this is because, in Q1 2026 , AAOI delivered revenue of $151.1 million. This was a 51% increase year over year (y/y). Data center revenue also increased to $81.4 million, a 154% y/y increase. Management also raised 2026 revenue guidance to more than $1.1 billion and non-GAAP operating income guidance to more than $140 million, which is why I am comfortable rating the stock a Buy. One of the major reasons why I am bullish on AAOI is because I think that demand is not the limiting factor. Capacity is. This is because management was clear that the 2026 revenue outlook is limited by production capacity and supply chain availability, and not by market demand. That is a very different problem from weak demand. In my view, I would rather own a company that is struggling to manufacture enough product than one that is struggling to find buyers. Another reason why I am bullish on AAOI is the AI data center angle, which is also supported by industry structure. According to McKinsey , they argue that networking optics are mission-critical for AI and data center buildouts because AI training and inference require massive data movement. And hyperscalers need access to 800G, 1.6T, and higher-speed optical transceivers. This fits perfectly with AAOI’s product cycle. AAOI completed its first volume shipment of 800G single-mode transceivers in Q1. It also received its first volume order for 1.6T transceivers and also received two new 800G volume orders from a major hyperscale customer. That is why the recent move makes sense to me. I say this because I think the stock started rising because i...
Britain's competition regulator said on Wednesday it has imposed new conduct requirements on Google's search services, including allowing publishers to opt out of training the U.S. tech giant's AI models, as the watchdog ramps up its oversight. The Competition and Markets Authority has flagged concerns about Google's dominance in search services. Google accounts for more than 90% of UK queries,...
Britain's competition regulator said on Wednesday it has imposed new conduct requirements on Google's search services, including allowing publishers to opt out of training the U.S. tech giant's AI models, as the watchdog ramps up its oversight. The Competition and Markets Authority has flagged concerns about Google's dominance in search services. Google accounts for more than 90% of UK queries, and the regulator had been consulting on the matter to ensure effective competition.
Britain has imposed new conduct requirements on Google's search services, including allowing publishers to stop their content being used to power the U.S. tech giant's AI features, as the watchdog ramps up its oversight. The country's Competition and Markets Authority has flagged concerns about Google's dominance in search, designating the company with the "strategic market status" that allows ...
Britain has imposed new conduct requirements on Google's search services, including allowing publishers to stop their content being used to power the U.S. tech giant's AI features, as the watchdog ramps up its oversight. The country's Competition and Markets Authority has flagged concerns about Google's dominance in search, designating the company with the "strategic market status" that allows it to set targeted rules to increase trust and transparency. Google accounts for more than 90% of UK queries and the regulator said in January it wanted to give publishers more control over how their content was used.
Disgraced former congressman said to have put bet on whether he would be at Trump’s State of the Union speech Federal authorities are investigating whether George Santos , the disgraced former Republican congressman from New York, engaged in insider trading by betting on a prediction market on his own attendance to the State of the Union address, multiple news outlets reported on Tuesday. Santos a...
Disgraced former congressman said to have put bet on whether he would be at Trump’s State of the Union speech Federal authorities are investigating whether George Santos , the disgraced former Republican congressman from New York, engaged in insider trading by betting on a prediction market on his own attendance to the State of the Union address, multiple news outlets reported on Tuesday. Santos allegedly placed a bet on Kalshi, a popular online prediction market, over whether he would be in attendance at Trump’s State of the Union address in February, according to NPR, which first reported on the investigation citing anonymous sources. Continue reading...
(RTTNews) - State Street Corp. (STT) announced the signing of a Memorandum of Understanding with Jadwa Investment, an investment management and advisory firm in the Middle East. The agreement sets the stage for a strategic collaboration in the Sultanate of Oman, where the two fir
(RTTNews) - State Street Corp. (STT) announced the signing of a Memorandum of Understanding with Jadwa Investment, an investment management and advisory firm in the Middle East. The agreement sets the stage for a strategic collaboration in the Sultanate of Oman, where the two fir
In this article HDB Follow your favorite stocks CREATE FREE ACCOUNT People walk past Reserve Bank of India signage in front of an installation stall at Global Fintech Fest in Mumbai, India, on Aug. 28, 2024. Indranil Aditya | Nurphoto | Getty Images India's central bank may defy expectations that it will leave its benchmark interest rate unchanged during its monetary policy decision meeting on Fri...
In this article HDB Follow your favorite stocks CREATE FREE ACCOUNT People walk past Reserve Bank of India signage in front of an installation stall at Global Fintech Fest in Mumbai, India, on Aug. 28, 2024. Indranil Aditya | Nurphoto | Getty Images India's central bank may defy expectations that it will leave its benchmark interest rate unchanged during its monetary policy decision meeting on Friday. The majority of economists polled by CNBC expect the Reserve Bank of India to keep rates unchanged at 5.25% while signaling a rate hike may only occur towards the end of the year. A minority expect policymakers to act at this week's meeting in a bid to anchor the rupee, which has depreciated to record lows against the dollar. CNBC conducted a poll of nine economists over the past week, in the run-up to the RBI policy decision. But it is "more logical," for India's central bank to chart a different course and raise interest rates, said Venugopal Garre, managing director and head of India research at Bernstein, speaking on CNBC's Inside India on Tuesday. A rate hike will align India with "how global rates have moved in the more recent weeks," and could contain outflows at a time when "currency depreciation has been the biggest pain point for policy makers," he added. India's regional peers have acted — some going beyond expectations — to get ahead of the inflation curve. Like India, Indonesia has been wrestling with a falling currency, and on May 20, the country's central bank raised its policy interest rates by a larger-than-expected 50 basis points. Sri Lanka's central bank on May 26 raised its policy rate by 100 bps, the biggest hike in four years. The Indian currency has been under pressure from its rising import bill and sustained capital outflows, even prompting Prime Minister Narendra Modi to appeal to citizens to help conserve foreign exchange. Policymakers have also taken action to defend the embattled rupee, including selling dollars through state-run banks to ...
An investigation into couples who have had shocking experiences in fertility clinics. Plus: more perfect comedy with Amandaland. Here’s what to watch this evening 7pm, BBC Two Like many couples, Beth and Laura went to northern Cyprus for separate IVF treatments and chose the same sperm donor for their two children. But DNA test results later suggested the siblings weren’t blood-related. In this as...
An investigation into couples who have had shocking experiences in fertility clinics. Plus: more perfect comedy with Amandaland. Here’s what to watch this evening 7pm, BBC Two Like many couples, Beth and Laura went to northern Cyprus for separate IVF treatments and chose the same sperm donor for their two children. But DNA test results later suggested the siblings weren’t blood-related. In this astonishing investigation, Anna Collinson asks: “Have loose rules and little regulation led to wrongdoing?” She speaks with the brother and sister, and learns they aren’t the only family affected. Hollie Richardson Continue reading...
A gauge of demand for Australian government bonds due in seven years surged at auction Wednesday as investors increasingly bet the Reserve Bank’s tightening cycle is nearing an end. Investors sought more than four times the A$1 billion of notes maturing in November 2033 on offer, according to data from the Australian Office of Financial Management. The bid-to-cover ratio was the highest for a seve...
A gauge of demand for Australian government bonds due in seven years surged at auction Wednesday as investors increasingly bet the Reserve Bank’s tightening cycle is nearing an end. Investors sought more than four times the A$1 billion of notes maturing in November 2033 on offer, according to data from the Australian Office of Financial Management. The bid-to-cover ratio was the highest for a seven-year bond sale since the same maturity was auctioned in November last year, the data show. The stronger demand suggested growing confidence that the RBA is close to ending its rate-hike campaign after signaling a pause at its last meeting. Economic growth slowed in the March quarter, before the full impact of the Iran conflict and three consecutive rate hikes had been felt. That prompted traders to pare bets on further increases and focus on upcoming inflation and employment data for confirmation that rates have peaked. “Investors are probably keeping an open mind that the RBA tightening cycle may be over,” said Eugene Leow , a senior rates strategist at DBS Bank Ltd. in Singapore. “Urgency to tighten further may be lacking for quite a while, in which case, investors may be betting on slowdown risks in the medium term by going long the belly of the Australian Commonwealth Government Bond curve.” Read More: Aussie Belly Flies as Terminal RBA Bets Supercharge 2033 Tender