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US rolls back EDA export curbs—opening the door for Synopsys (SNPS) and Cadence (CDNS)

US rolls back EDA export curbs—opening the door for Synopsys (SNPS) and Cadence (CDNS)

The U.S. Commerce Department has rescinded the licence letters it sent in late May that forced America’s three big electronic-design-automation vendors—Synopsys, Cadence Design Systems and Siemens EDA—to halt most sales and support for Chinese chip designers. The companies say the notice arrived on 2 July and

A man pointing at a laptop screen

Are Porter's Five Forces still relevant?

Imagine you’re trying to understand the value of a company—like, really understand it, not just check its stock ticker, P/E ratio, or watch some heads talking on YouTube. You want to dig deep, figure out why this company is (or isn’t) worth your hard-earned cash. In

A man handing out money

Management Compensation: The Good, the Bad, and the Ugly

How executive pay structures shape incentives, drive performance — and sometimes wreck companies

Equity Research with a Price Target

Here's Why Price Targets are Bogus

Let’s talk about price targets. You know, those neat little numbers analysts put out to tell you where a stock should be trading in 12 months. “Buy this stock, our price target is 180!” sounds exciting, right? Until you realize these targets are about as meaningful as trying to

Candle Chart for a Quality Stock

What is EV/EBITDA?

EV/EBITDA is one of those ratios you see everywhere in the investing world—and for good reason. It helps you compare a company’s operating performance against its overall valuation, taking into account not just the equity but the debt as well. It can be a real breath of

Cash is King

Here's Why Cash is King

In investing, assessing the quality of a company’s balance sheet is essential for long-term success. Yet, many investors overlook this fundamental aspect, focusing instead solely on growth or profitability metrics. Balance sheet quality is crucial because it determines a company’s resilience during economic downturns and its ability to

Photoshop application opened on a laptop

ADBE: Reat This Before You Hit “Buy” on Adobe

For 35 years Adobe set the tempo of digital creativity. The verb “to Photoshop” lodged itself in dictionaries; Illustrator files became the bloodstream of agencies; Creative Cloud’s subscription fees rivalled some nations’ GDP. But in the past five years the battleground has shifted so quickly it feels as though

Blue Laser Light

ASML vs. The Next Decade: Why the World’s Most Important Machine Still Belongs to Veldhoven

ASML's moat will not crumble anytime soon

Memory Chip Wafer

MU: Micron Q3 Earnings Call and the AI Era Strategy Briefing

Micron Q3 Earnings Call

Three Elevator Doors

The global Elevator & Escalator Industry - A deep dive

The worldwide elevator and escalator market is projected to expand to roughly 166 billion US‑dollars by 2028, an annualised growth rate close to six per cent from 2024. Asia‑Pacific—particularly China and India—continues to supply most of the new‑equipment demand, whereas industrialised OECD economies increasingly focus

Castle with a beatiful moat

What is a moat?

When Jensen Huang dimmed the lights at Nvidia’s annual GTC conference this spring, the audience expected silicon. Instead they got software: one slide, eight minutes, and 900 brightly colored rectangles, each a library inside CUDA. “A long time ago,” Huang said, “this slide was all we had.” In 2004

Financial Analysis on a screen with histograms

ROIIC: The most important financial metric you've probably never heard of

Return on Invested Capital (ROIC) is used A LOT to judge how effectively a company has turned past investment into profit. Yet it is the marginal—or incremental—ROIC (often abbreviated ROIIC - Return on Incremental Invested Capital) that decides whether the next round of capital deployed will compound value.