Latest news with #RothschildCo
Bloomberg
19-07-2025
- Business
- Bloomberg
Carrefour Said to Tap Rothschild for Potential Italy Unit Sale
Carrefour SA is working with Rothschild & Co. on a potential sale of its Italian operations, people familiar with the matter said, as the French grocery group seeks to deliver on a strategic review of assets. The French company and its adviser have started gauging interest from potential suitors in Italy, said the people, who asked not to be identified as the information is private. The Italian business is likely to be sold in several deals given its size, the people said.
Yahoo
12-07-2025
- Business
- Yahoo
Rothschild & Co Redburn Downgrades Applied Materials (AMAT) Stock to Neutral
Applied Materials, Inc. (NASDAQ:AMAT) is one of the Top 10 Software and Technology Stocks to Buy Now. Rothschild & Co Redburn downgraded the company's stock to 'Neutral' from 'Buy' with a price objective of $200, down from the prior target of $225, as reported by The Fly. As per the firm, China's push for semiconductor self-sufficiency tends to challenge much of the company's portfolio. This comes when competitors have taken a share in Applied Materials, Inc. (NASDAQ:AMAT)'s core physical vapor deposition business. Furthermore, the firm is concerned that the U.S. export restrictions might ramp up China's strategy to become 70% self-sufficient in semiconductor wafer fabrication equipment. A technician in a clean room assembling a semiconductor chip using a microscope. However, Applied Materials, Inc. (NASDAQ:AMAT)'s broad capabilities and connected product portfolio continue to drive robust results in 2025 amidst a dynamic macro environment. Since high-performance, energy-efficient AI computing is the dominant driver of semiconductor innovation, Applied Materials, Inc. (NASDAQ:AMAT) continues to work with its customers and partners to accelerate the broader industry's roadmap. For Q3 2025, the company expects total net revenue of $7,200 million (+/- $500 million), and a non-GAAP gross margin of 48.3%. Vltava Fund, an investment management company, released its Q4 2024 investor letter. Here is what the fund said: 'In the quarter just ended, we added to the portfolio two new companies from the technology sector: Applied Materials, Inc. (NASDAQ:AMAT) and Lam Research. Both are in the same industry as is another of our investments that we have held for some time, KLA Corporation. This industry is termed semiconductor devices and materials. One chapter in Hidden Investment Treasures is devoted to investing in technology companies and, among other things, the controversy over what really constitutes a technology company. As investors, we try to view technology companies not according to the industry into which they are formally classified but by whether the technologies and technological processes used in the production of their products and services are an essential element in value creation or if they are a source of long-term, sustainable competitive advantage. Among the companies that are formally categorized as technology-based and fall into either the Information Technology or the Communications Services sector, we find some that can be said to be just that but also others for which this classification is at least debatable. Similarly, among companies that do not formally belong to these two sectors, we find many that clearly are built to a large extent on technology and base their market positions and competitiveness on it. In the cases of Applied Materials and Lam Research, there can be no doubt that these are technology companies not only as a formality but also in fact. While we acknowledge the potential of AMAT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. This article is originally published at Insider Monkey.
