United States | Singapore | Hong Kong | Earnings
Datadog, Inc. (DDOG US)
- Shares closed higher above the 200dEMA. 20dEMA is about to cross the 50dEMA.
- MACD is positive, RSI is at an overbought level.
- Long – Entry 116, Target 130, Stop 109
Oracle Corp. (ORCL US)
- Shares closed at a high since March 2025. 5dEMA recently crossed the 200dEMA and the 20dEMA just crossed the 50dEMA.
- MACD is positive, RSI is at an overbought level.
- Long – Entry 160, Target 180, Stop 150
UMS Integration Ltd. (UMSH SP)
- Shares closed at a high since July 2024 with a surge in volume. 5dEMA just crossed the 200dEMA.
- MACD is positive, RSI is constructive.
- Buy – Entry 1.15, Target 1.25, Stop 1.10
AEM Holdings Ltd. (AEM SP)
- Shares closed higher above the 50dEMA with a surge in volume. 5dEMA just cross the 20dEMA and is about to cross the 50dEMA.
- MACD is positive, RSI is constructive.
- Buy – Entry 1.25 Target 1.35, Stop 1.20
Ping An Insurance Group Co of China Ltd (2318 HK)
- Shares closed at a one month high above the 5dEMA with increased volume.
- Both RSI and MACD are constructive.
- Long – Entry 48.5 Target 51.9, Stop 46.8
AIA Group Ltd. (1299 HK)
- Shares closed at a high since October 2024 with constructive volume. 50dEMA is about to cross the 200dEMA.
- MACD is constructive, RSI is at an overbought level.
- Long – Entry 64.0, Target 70.0, Stop 61.0
Cisco Systems, Inc. (CSCO)
- 3Q25 Revenue: $14.15B, +11.4% YoY, beat estimates by $90M
- 3Q25 Non-GAAP EPS: $0.96, beat estimates by $0.04
- 4Q25 Guidance: The midpoint of its projected revenue is $14.6bn, ahead of expectations for $14.5bn. It would represent 7% growth on the year. Likewise, adjusted EPS guidance came above analyst estimates at 97 cents, up 11% from 2024.
- Comment: Cisco Systems delivered a strong quarterly performance and issued guidance that exceeded expectations. Revenue growth was driven primarily by robust results in its core networking hardware segment, which accounts for roughly half of total sales. During the quarter, Cisco launched a Webex AI agent for customer service and introduced new Ethernet switches powered by AMD Pensando data processing units—innovations aimed at enabling hardware consolidation. Networking revenue rose 8% year-over-year to $7.07 bn, surpassing the consensus estimate of $6.81 bn. Security revenue surged 54% to $2.01 bn, bolstered by the inclusion of Splunk, which Cisco acquired last year for $27 bn. However, this still fell short of analysts’ expectations of $2.17 bn. Separately, Cisco continues to outperform its targets for AI infrastructure orders from major internet firms. The company booked over $600 mn in AI infrastructure orders during the quarter, bringing the fiscal year-to-date total to more than $1.25 bn—surpassing its $1 bn target one quarter ahead of schedule. 4Q25 recommended trading range: $60 to $70. Positive Outlook.
思科系统公司 (Cisco Systems, Inc., CSCO)
- 25财年第三季营收：141.5亿美元，同比增长11.4%，超出预期9,000万美元
- 25财年第三季Non-GAAP每股收益：0.96美元，超出预期0.04美元
- 25财年第四季指引：预计营收中值为146亿美元，高于市场预期的145亿美元，同比增长约7%；调整后每股收益预期为0.97美元，同比上升11%，亦高于分析师预期。
- 短评：思科系统公布了一组强劲的季度业绩，并给出了好于预期的业绩指引。本季度营收增长主要得益于其核心业务——网络硬件部门的强劲表现，该业务占公司总营收的约一半。期间，思科推出了用于客户服务的Webex AI智能代理，并发布了配备AMD Pensando数据处理单元的新一代以太网交换机，旨在推动硬件整合。网络部门营收同比增长8%至70.7亿美元，高于市场预期的68.1亿美元。安全业务营收同比大增54%至20.1亿美元，得益于去年以270亿美元收购的Splunk并入财报，但仍低于市场预期的21.7亿美元。另一方面，思科在来自大型互联网公司AI基础设施订单方面继续超越目标。本季度AI基础设施订单超过6亿美元，使本财年迄今订单总额达到12.5亿美元，提前一季度超越全年10亿美元目标。25财年第四季建议交易区间：60美元至70美元。积极前景。
CoreWeave, Inc. (CRWV)
- 1Q25 Revenue: $981.63M, +420.3% YoY, beat estimates by $121.86M
- 1Q25 GAAP EPS: –$1.49, miss estimates by $1.27
- 2Q25 Guidance: Expects revenue in the current quarter to range from $1.06 billion to $1.1 billion versus the $988 million consensus. FY25 guidance: For the full year, the company expects revenue to be range from $4.9 billion to $5.1 billion, compared to the $4.66 billion estimate; expects capital expenditure of between US$3 billion and US$3.5 billion.
- Comment: CoreWeave reported stronger-than-expected revenue for the quarter, though earnings fell short of expectations. Management emphasized that demand for the company’s platform remains robust and continues to accelerate, as AI leaders seek high-performance cloud infrastructure to power increasingly advanced applications. The surge in demand for data centers and high-powered servers reflects the intensifying race among businesses to develop cutting-edge generative AI technologies. In response, CoreWeave is scaling operations as rapidly as possible to capitalize on this momentum. The company issued upbeat guidance for both the second quarter and full year of FY25. However, it also revealed plans to invest between $20 billion and $23 billion this year in AI infrastructure and data center capacity to support growing demand from clients, including Microsoft. For the second quarter alone, CoreWeave projects capital expenditures of $3 billion to $3.5 billion—significantly outpacing its expected revenue of $1.06 billion to $1.1 billion. Despite its strong market position, the company’s core business remains highly capital intensive, requiring substantial upfront investment in advanced processors and systems. 2Q25 recommended trading range: $55 to $70. Neutral Outlook.
CoreWeave公司 (CRWV)
- 25财年第一季营收：9.8163亿美元，同比增长420.3%，超出预期1.22亿美元
- 25财年第一季GAAP每股亏损：1.49美元，低于预期1.27美元
- 25财年第二季指引：预计本季营收将在10.6亿至11亿美元之间，高于市场预期的9.88亿美元。25财年指引：全年营收预计为49亿至51亿美元，高于市场预期的46.6亿美元；资本支出预计为30亿至35亿美元。
- 短评：CoreWeave公布了强于预期的营收数据，但盈利表现不及预期。管理层指出，随着AI行业领军者对高性能云基础设施的需求持续增长，公司平台的市场需求依旧强劲且正在加速。数据中心和高性能服务器的需求激增，反映出企业在开发先进生成式AI技术上的激烈竞争。为抓住这一机遇，CoreWeave正全力推进规模扩张。公司对第二季度及25财年全年给出了乐观的业绩展望。同时，公司宣布计划在今年投入200亿至230亿美元，用于扩建AI基础设施和数据中心容量，以满足包括微软在内客户的旺盛需求。仅第二季度，CoreWeave的资本支出预计就将达到30亿至35亿美元，远高于预期营收的10.6亿至11亿美元。尽管市场地位稳固，CoreWeave的核心业务高度依赖资本支出，需持续对先进处理器和系统进行大量前期投资。25财年第二季建议交易区间：55美元至70美元。中性前景。
