Latest news with #DanielNewman
RNZ News
8 hours ago
- Health
- RNZ News
Animal de-sexing a priority in wards rife with roaming dogs
life and society 38 minutes ago One Auckland councillor said there's so many roaming dogs in his ward there are streets he doesn't feel safe walking on, and some areas are no go zones. Last year there was a 17 percent increase in dog attacks in the city, with 2846 investigated. Between September and December last year 89 of those attacks were on children. Today the council anounced a joint pilot programme with the SPCA and 17 vet clinics where owners will get vouchers to have their animals de-sexed for free. West and South Auckland are priority areas for the scheme. Manurewa-Papakura Ward Councillor Daniel Newman spoke to Lisa Owen.
Globe and Mail
5 days ago
- Business
- Globe and Mail
'…One Something of Volume…' Intel Stock (NASDAQ:INTC) Slips as it Looks for Customers
While we know that chip stock Intel (INTC) has been pushing, and pushing hard, to build a lot of new chips through its foundry operations, the problem is a matter of what to actually do with those chips when they are built. Intel is on the hunt for customers, and the search is proving a bit more difficult than expected. And Intel's shareholders are starting to get concerned, again, as shares slipped fractionally in Thursday afternoon's trading. Confident Investing Starts Here: Basically, noted The Futurum Group CEO Daniel Newman, Intel needs at least one major customer to get people to believe it has a future in the foundry front. 'One Nvidia (NVDA), one Qualcomm (QCOM), one Apple (AAPL), one something of volume that really shows this meaningful commitment to the fab to build significant volume would really change the whole narrative,' Newman noted. But perhaps worse for CEO Lip-Bu Tan, Newman noted, is that there are a lot of problems that were there before Tan's tenure, as the foundry business takes a lot of capital to start and has a long runway to success—we had heard earlier that Intel should break even on the foundry operations in 2027—and Intel itself faces fundamental challenges like a growing reliance on graphics processing unit (GPU) chips over central processing unit (CPU) chips, particularly in artificial intelligence (AI) applications. Thus, the call for one big customer to help validate the unit. A Loss of Face in AI Even as Intel faces concerns that it is irreparably behind in AI advances, it may have just proven as much. Reports noted that Intel lost a few of its executives to join a coalition of others that are setting up AI chip startups in India. A coalition of four went to Bengaluru to set up Agrani Labs, which is developing its own AI chips in-house, and working with Peak XV partners to land $8 million. But Intel is not exactly out of that fight; Intel's CEO, Lip-Bu Tan, actually put some cash into one such effort staged by former Texas Instruments (TXN) employees, Bodhi Computing. The rise of firms in that field, operating out of India, makes it clear that the AI chip market is one that is likely to grow substantially in short order. But the question that remains: will Intel ultimately be left behind? Is Intel a Buy, Hold or Sell? Turning to Wall Street, analysts have a Hold consensus rating on INTC stock based on one Buy, 26 Holds and four Sells assigned in the past three months, as indicated by the graphic below. After a 32.53% loss in its share price over the past year, the average INTC price target of $21.29 per share implies 5.37% upside potential. See more INTC analyst ratings Disclosure Disclaimer & Disclosure Report an Issue
CNBC
23-05-2025
- Business
- CNBC
Sold out of our entire Apple position as tariffs are no-win scenario, says Clockwise's James Cakmak
Daniel Newman, The Futurum Group CEO, and James Cakmak, Clockwise Capital CIO, join 'Power Lunch' to discuss Trump's tariff threats on Apple, if the market reaction is overdone and much more.
Yahoo
21-05-2025
- Business
- Yahoo
Nvidia's (NVDA) Recent Announcements Are Bullish for NVDA Stock, Tech Researcher Says
Nvidia Corporation (NVDA)'s recent decision to open its infrastructure to some extent to other firms is "largely bullish" for NVDA stock, Futurum CEO Daniel Newman told Yahoo Finance recently. Futurum is a technology research firm. The giant chipmaker's moves "will drive innovation" within Nvidia Corporation (NVDA) and outside of it, while helping the firms developing robots "move faster," he said. NVDA's decisions will also help the large cloud-infrastructure players grow while facilitating the interconnection of machines and the connection of the "physical world" with AI, Newman explained. The Benefits of NVDA's Moves The opening of NVDA's infrastructure to CPUs will help connect computers and "drive innovation" within and outside NVDA, Newman explained. Meanwhile, NVDA's efforts with GROOT, its open-source model for humanoid robot development, will help other firms build robots more quickly, the CEO stated. Further, the large cloud-infrastructure players will be able to "go big" on their own "while still benefiting from where Nvidia is leading," Newman suggested. One of the areas in which Nvidia Corporation (NVDA) is leading is its ability "to connect machines together to deal with these massive amounts of data," Newman said. While we acknowledge the potential of NVDA, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than NVDA but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires Disclosure: None. This article is originally published at Insider Monkey Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21-05-2025
- Business
- Yahoo
GDS Holdings Ltd (GDS) Q1 2025 Earnings Call Highlights: Strong Revenue and Mega Deals Amid AI ...
Revenue Growth: 12% year-on-year increase in 1Q '25. Adjusted EBITDA Growth: 16.1% year-on-year increase in 1Q '25. Adjusted EBITDA Margin: 48.6% in 1Q '25, up from 46.9% in 1Q '24. Utilization Rate: Reached 75.7% in 1Q '25. Gross Move-In: Approximately 20,000 square meters in Tier 1 markets during 1Q '25. New Mega Deal: 152 megawatts signed in 1Q '25. Asset Monetization: Completed first ABS transaction in 1Q '25. DayOne Power Commitment: Added 70 megawatts in 1Q '25, total over 530 megawatts. DayOne Expansion: New commitments in Thailand and Finland totaling over 220 megawatts. CapEx Guidance: Total CapEx for the year at RMB4.8 billion. Debt Deconsolidation: Approximately RMB1.1 billion deconsolidated with ABS transaction. Warning! GuruFocus has detected 6 Warning Signs with GDS. Release Date: May 20, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. GDS Holdings Ltd (NASDAQ:GDS) achieved a revenue growth of 12% and adjusted EBITDA growth of 16% year on year, marking the highest growth rate in the past two years. The company signed a mega deal of 152 megawatts during the first quarter of 2025, showcasing strong demand in the AI era. GDS Holdings Ltd (NASDAQ:GDS) has around 900 megawatts of capacity held for future developments in Tier 1 markets, positioning it well to capture upcoming AI demand. The asset monetization strategy, including the completion of the first ABS transaction, provides GDS Holdings Ltd (NASDAQ:GDS) with financing flexibility and the ability to recycle cash in China. DayOne, a subsidiary of GDS Holdings Ltd (NASDAQ:GDS), is ahead of schedule to meet its target of 1 gigawatt of total power committed within three years, demonstrating successful market expansion into Thailand and Europe. There are uncertainties around AI chip supply in China, which could impact short-term demand and deployment plans. The decrease in MSR per square meter by 2.6% compared to the first quarter of 2024 indicates potential pricing pressure. The deconsolidation of the ABS transaction is expected to reduce full-year EBITDA by around RMB130 million, impacting annual growth rates. New government regulations in China may control the expansion of AI data centers, potentially affecting future projects. The C-REIT transaction, while strategic, is still subject to regulatory approvals and may impact financials if not completed as planned. Q: Could management update us on the demand from China, especially from the hyperscaler side, given the recent chipset supply issues? Also, how does the ABS deconsolidation affect financial guidance? A: Wei Huang, CEO: Demand remains strong, particularly for AI-related services, with a focus on inferencing in Tier 1 markets. We have 900 megawatts of capacity for future development. Daniel Newman, CFO: The ABS transaction reduced full-year EBITDA by around RMB130 million, lowering the annual growth rate from 11% to 8.5%. However, we expect high-single-digit growth in the remaining quarters. Q: Can you compare the IRR profile or EBITDA yield across different markets like Johor, Batam, Thailand, and Finland, and compare that to China? A: Daniel Newman, CFO: Development yields in these markets are in the low-teens, higher than in China, reflecting different supply-demand balances. As AI demand grows in China, we expect yields there to improve as well. Q: When do you expect the China business to be self-funding, and do you have full funding for DayOne's 750 megawatts of commitments? A: Daniel Newman, CFO: We are roughly breakeven in terms of free cash flow before financing in China. With asset monetization, we can support annual CapEx of RMB5 billion. DayOne is fully capitalized to develop its portfolio, having raised nearly $2.5 billion in equity. Q: Can you provide details on the gross new area committed in the first quarter and address concerns about new government regulations on AI data centers in China? A: Wei Huang, CEO: The new area was driven by a traditional hyperscaler customer in Tier 1 markets. Our 900 megawatts of capacity already have power energy quotas, so new regulations will not impact us. Q: Could you elaborate on the pricing outlook for the China business and explain the drivers behind DayOne's improved EBITDA margin? A: Wei Huang, CEO: Pricing for new business in China remains stable across major markets. Daniel Newman, CFO: DayOne's EBITDA margin improved to 31% due to rapid ramp-up and achieving higher operating leverage. We expect it to reach industry benchmark levels in the coming years. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
