⬇ $Fastenal Co(FAST)$ - April ADS missed our model, mildly worsening vs. March on a two-year stack despite a 100 bp benefit from Good Friday timing, and was below... Continue reading on Smartkarma:- https://www.smartkarma.com/insights/april-average-daily-sales-0-7-vs-rj-2-3?utm_source=tiger_community By CGS CIMB Research, Insight Provider on Smartkarma:- https://www.smartkarma.com/profiles/cgs-cimb-research?utm_source=tiger_community On Fastenal Co (FAST):- https://www.smartkarma.com/entities/fastenal-co?utm_source=tiger_community
Even After 1Q Miss/Selloff, Shares Still "Priced To Perfection"
⬇ $Fastenal Co(FAST)$ - Reiterate Underperform. 1Q results missed via ADS and associated opex deleverage. While we have long admired Fastenal’s business model, strategy,... Continue reading on Smartkarma:- https://www.smartkarma.com/insights/even-after-1q-miss-selloff-shares-still-priced-to-perfection?utm_source=tiger_community By CGS CIMB Research, Insight Provider on Smartkarma:- https://www.smartkarma.com/profiles/cgs-cimb-research?utm_source=tiger_community On Fastenal Co (FAST):- https://www.smartkarma.com/entities/fastenal-co?utm_source=tiger_community
⬇ $Fastenal Co(FAST)$ - Summary: 1Q24 EBITDA, and EPS missed Street views primarily via softer than expected March sales and corresponding OpEX (-$0.02), partially offset... Continue reading on Smartkarma:- https://www.smartkarma.com/insights/1q-sales-and-ebitda-miss-views-amid-poor-demand?utm_source=tiger_community By CGS CIMB Research, Insight Provider on Smartkarma:- https://www.smartkarma.com/profiles/cgs-cimb-research?utm_source=tiger_community On Fastenal Co (FAST):- https://www.smartkarma.com/entities/fastenal-co?utm_source=tiger_community
L'Occitane (973 HK): Two Good Moves, Though Rerating Has Been Fast And Furious
⬆ $L'Occitane(00973)$ - L'Occitane (973 HK) made strategic moves by selling stake in Grown Alchemist and granting call options to Sol de Janeiro CEO. Continue reading on Smartkarma:- https://www.smartkarma.com/insights/l-occitane-973-hk-two-good-moves-though-rerating-has-been-fast-and-furious?utm_source=tiger_community By Steve Zhou, CFA, Insight Provider on Smartkarma:- https://www.smartkarma.com/profiles/steve-zhou-cfa?utm_source=tiger_community On L'Occitane (00973):- https://www.smartkarma.com/entities/l-occitane-international-sa?utm_source=tiger_community
Symbotic Inc. (SYM): Fast Growing AI-Powered Warehouse Automation Supplier
⬆ $Symbotic(SYM)$ - A fast growing AI-powered warhouse automation supplier on the cusp of profitability offers great opportunity for investors to ride the AI wave. Continue reading on Smartkarma:- https://www.smartkarma.com/insights/symbotic-inc-sym-fast-growing-ai-powered-warehouse-automation-supplier?utm_source=tiger_community By GSBR Research Pvt Ltd, Insight Provider on Smartkarma:- https://www.smartkarma.com/profiles/gsbr-research-pvt-ltd?utm_source=tiger_community On Symbotic (SYM):- https://www.smartkarma.com/entities/symbotic-inc?utm_source=tiger_community
[Tencent (700 HK, BUY, TP HK$362) TP Change]: Core Business Is Robust While VA Is Expanding Fast
⬆ $Tencent(00700)$ - Tencent's strong revenue growth driven by WeChat VA and , but operating margin decline leads to lower price target of HK$362. Continue reading on Smartkarma:- https://www.smartkarma.com/insights/tencent-700-hk-buy-tp-hk-362-tp-change-core-business-is-robust-while-va-is-expanding-fast?utm_source=tiger_community By Ying Pan, Insight Provider on Smartkarma:- https://www.smartkarma.com/profiles/ying-pan?utm_source=tiger_community On Tencent (00700):- https://www.smartkarma.com/entities/tencent-holdings-ltd?utm_source=tiger_community
上周,全球计算机存储顶会USENIX FAST 2024 在美国加州圣克拉拉召开,继去年获得国内首个FAST最佳论文奖后,凭借在分布式块存储上的创新,阿里云新作再次斩获FAST大会最佳论文奖。这也是国内唯一一家连续两年获得FAST最佳论文奖的科技公司。 阿里云块存储团队论文获 FAST 2024最佳论文 FAST全称为Conference on File and Storage Technologies,创办于2002年,是由美国高等计算系统协会(USENIX)和美国计算机学会操作系统专业组织(ACM SIGOPS)联合组织的聚焦存储领域的顶级国际会议,代表了计算机存储领域的国际最高水平。创办二十多年来,FAST 推动了如软硬件结合、RAID、闪存文件系统、非易失内存技术和分布式存储等多项存储相关技术的发展。 本次的最佳论文来自阿里云存储团队,详细阐述了过去十余年阿里云弹性块存储(EBS)的架构演变。为应对用户需求和硬件发展,块存储三代系统架构设计焦点从最初的简单可用性,转变到第二代架构的高性能和低成本,演进到第三代架构的对 IO执行效能极致优化,实现了阿里云企业级块存储ESSD百微秒级平均延迟和毫秒级长尾延迟,单块云盘达到百万IOPS和4GiB/s 吞吐,有力支撑数据库、搜索和推荐等众多性能敏感型业务。基于高速非易失性内存,阿里云块存储进一步推出ESSD PL-X产品,单块云盘可提供30 微秒平均延迟,高达三百万IOPS和12GiB/s吞吐,为用户提供更极致的存储性能。 阿里云技术专家张伟东在FAST 2024上介绍阿里云存储技术 作为阿里云存储的关键技术成果之一,本文将对这篇论文进行深度解读。 《What’s the Story in EBS Glory: Evolutions and Lessons in Building Cloud Block Store》 0
Zhejiang Expressway (576 HK): Life In The (Too) Fast Lane
⬇ $Zhejiang Expressway Co H(00576)$ - I'd be looking to unwind this set-up and take the other side - short Zhejiang Expressway (576 HK), long Zheshang Securities (601878 CH) here. Continue reading on Smartkarma:- https://www.smartkarma.com/insights/zhejiang-expressway-576-hk-life-in-the-too-fast-lane?utm_source=tiger_community By David Blennerhassett, Insight Provider on Smartkarma:- https://www.smartkarma.com/profiles/david-blennerhassett?utm_source=tiger_community On Zhejiang Expressway Co H (00576):- https://www.smartkarma.com/entities/zhejiang-expressway-co-h?utm_source=tiger_community
PDD (PDD US): Stopped Diversifying into ‘Local Life’ – A Rational Decision During Fast Growing
⬆ $PDD Holdings(PDD)$ - PDD stopped ‘local life’ business just two weeks after it began. We believe PDD’s low price advantage does not work in Meituan-like ‘local life’ and the top performer Meituan is hard to fight. Continue reading on Smartkarma:- https://www.smartkarma.com/insights/pdd-pdd-us-stopped-diversifying-into-local-life-a-rational-decision-during-fast-growing?utm_source=tiger_community By Ming Lu, Insight Provider on Smartkarma:- https://www.smartkarma.com/profiles/ming-lu?utm_source=tiger_community On PDD Holdings (PDD):- https://www.smartkarma.com/entities/pdd-holdings-inc?utm_source=tiger_community