Offshore
Photo
Wall St Engine
"After a strong start to the year, hiring is losing momentum. Pay growth, however, was little changed in May, holding at robust levels for both job-stayers and job-changers." - Chief Economist, ADP https://t.co/COZSKfNeq0
tweet
"After a strong start to the year, hiring is losing momentum. Pay growth, however, was little changed in May, holding at robust levels for both job-stayers and job-changers." - Chief Economist, ADP https://t.co/COZSKfNeq0
tweet
Offshore
Photo
Wall St Engine
Scotiabank Reiterates Sector Outperform on $ASTS, Maintains PT at $45.40; 'Could Jeff Bezos become an ASTS investor?', 'we wouldn’t be surprised if both groups are exploring a larger agreement'
Analyst comments: "Our take: Positive. ASTS rallied yesterday after Ms. Adriana Cisneros posted a picture on Instagram showing the three of them together and titled 'Amazing things are happening at AST & Science + @blueorigin.' The meeting’s location was not disclosed, but while Avellan and Cisneros are wearing guest badges, Bezos is not. Only a few days ago, Blue Origin management visited the ASTS headquarters in Texas. Cisneros was ASTS’s first-ever institutional investor and is currently a board member.
In November 2024, ASTS announced that Bezos’ rocket company, Blue Origin, will handle the launch of up to 45 BB2 satellites with options for an additional 15. Blue Origin’s New Glenn rocket is expected to carry up to 8 satellites per launch, making ASTS one of Blue Origin’s top customers. We doubt this was the sole reason for Bezos meeting with Avellan. There are major opportunities for collaboration, especially regarding Amazon’s Project Kuiper, which targets fixed broadband—a different segment from ASTS’s direct-to-cell strategy. A partnership could be compelling, as there are five times more wireless than fixed connections globally.
Could Jeff Bezos become an ASTS investor? This is a possibility widely discussed by investors and analysts. Bezos is one of the world’s leading space investors, and Blue Origin features the ASTS agreement as one of its top-three recent developments. ASTS’s highly specialized RF technology, protected by thousands of patents, presents a formidable barrier to entry, even for Kuiper. While Amazon plans to invest $13B–$16B in Kuiper’s 3,236 satellites, ASTS’s current market cap is only $8.3B, yet we project ASTS’s revenue at $30B by 2033—higher than Kuiper’s $25B estimate by our Amazon analyst, Nat Schindler.
More importantly, ASTS’s wholesale business model, with guided ~90% EBITDA margins, is likely to be significantly more profitable than Kuiper’s retail model, which will face distribution and marketing costs. In summary, we wouldn’t be surprised if both groups are exploring a larger agreement involving New Glenn launch support and potential commercial or equity agreements between ASTS and Amazon to address the global satellite fixed-wireless opportunity."
Analyst: Andres Coello
tweet
Scotiabank Reiterates Sector Outperform on $ASTS, Maintains PT at $45.40; 'Could Jeff Bezos become an ASTS investor?', 'we wouldn’t be surprised if both groups are exploring a larger agreement'
Analyst comments: "Our take: Positive. ASTS rallied yesterday after Ms. Adriana Cisneros posted a picture on Instagram showing the three of them together and titled 'Amazing things are happening at AST & Science + @blueorigin.' The meeting’s location was not disclosed, but while Avellan and Cisneros are wearing guest badges, Bezos is not. Only a few days ago, Blue Origin management visited the ASTS headquarters in Texas. Cisneros was ASTS’s first-ever institutional investor and is currently a board member.
In November 2024, ASTS announced that Bezos’ rocket company, Blue Origin, will handle the launch of up to 45 BB2 satellites with options for an additional 15. Blue Origin’s New Glenn rocket is expected to carry up to 8 satellites per launch, making ASTS one of Blue Origin’s top customers. We doubt this was the sole reason for Bezos meeting with Avellan. There are major opportunities for collaboration, especially regarding Amazon’s Project Kuiper, which targets fixed broadband—a different segment from ASTS’s direct-to-cell strategy. A partnership could be compelling, as there are five times more wireless than fixed connections globally.
Could Jeff Bezos become an ASTS investor? This is a possibility widely discussed by investors and analysts. Bezos is one of the world’s leading space investors, and Blue Origin features the ASTS agreement as one of its top-three recent developments. ASTS’s highly specialized RF technology, protected by thousands of patents, presents a formidable barrier to entry, even for Kuiper. While Amazon plans to invest $13B–$16B in Kuiper’s 3,236 satellites, ASTS’s current market cap is only $8.3B, yet we project ASTS’s revenue at $30B by 2033—higher than Kuiper’s $25B estimate by our Amazon analyst, Nat Schindler.
More importantly, ASTS’s wholesale business model, with guided ~90% EBITDA margins, is likely to be significantly more profitable than Kuiper’s retail model, which will face distribution and marketing costs. In summary, we wouldn’t be surprised if both groups are exploring a larger agreement involving New Glenn launch support and potential commercial or equity agreements between ASTS and Amazon to address the global satellite fixed-wireless opportunity."
Analyst: Andres Coello
tweet
Offshore
Photo
Wall St Engine
Polymarket odds still don’t show a rate cut at any of the next three FOMC meetings, even with Trump continuing to pressure the Fed to lower rates.
On top of that, U.S. recession odds are holding near their February lows, sitting around 28%. https://t.co/acowImcAkm
tweet
Polymarket odds still don’t show a rate cut at any of the next three FOMC meetings, even with Trump continuing to pressure the Fed to lower rates.
On top of that, U.S. recession odds are holding near their February lows, sitting around 28%. https://t.co/acowImcAkm
tweet
Offshore
Photo
Dimitry Nakhla | Babylon Capital®
RT @DimitryNakhla: 10 Quality Compounders PEG <2.50x 📈
1. $msft 2.46x ☁️
2. $bkng 2.19x ✈️
3. $amzn 1.96x 📦
4. $meli 1.79x 🫱🏼🫲🏻
5. $nvda 1.47x 🤖
6. $goog 1.47x 🖱️
7. $lrcx 1.46x 🖨️
8. $asml 1.39x 💿
9. $nvo 1.14x 🧬
10. $tsm 1.12x 📀
___
data: finviz … peg (p/e ➗ eps growth est)
tweet
RT @DimitryNakhla: 10 Quality Compounders PEG <2.50x 📈
1. $msft 2.46x ☁️
2. $bkng 2.19x ✈️
3. $amzn 1.96x 📦
4. $meli 1.79x 🫱🏼🫲🏻
5. $nvda 1.47x 🤖
6. $goog 1.47x 🖱️
7. $lrcx 1.46x 🖨️
8. $asml 1.39x 💿
9. $nvo 1.14x 🧬
10. $tsm 1.12x 📀
___
data: finviz … peg (p/e ➗ eps growth est)
tweet