Zeta Global $ZETA: The AI Marketing Cloud That Software Bears Are Missing This is our latest investment thesis report. Find our analysis, business outlook and stock rating & PT below.

Uber's partnerships with Zoox and Wayve highlight its AV strategy: instead of competing on a hardware level, it's building the capital-light marketplace for robotaxis. By providing the demand layer for third-party AV fleets, $UBER aims to solve its historical labor volatility

The market is pricing Pfizer $PFE as a legacy dividend stock, missing the more significant shift happening in its drug discovery pipeline. By integrating AI and data platforms from partners like Oracle and IQVIA, Pfizer is aiming to compress R&D timelines and move to a

Payment system failures are creating major reputational risk. $DT's partnership with Postman addresses this by embedding AI-powered 'agent mode' observability directly into the developer workflow. This allows developers to catch costly issues before they go live, shifting the

$GXO alliance with Amentum, Accenture, and Maersk to service the UK Defence Sector is a significant strategic move. The partnership diversifies GXO beyond its e-commerce base and into high-barrier government contracts. Defense logistics offer stickier revenue streams and a

$UBER's recent AV partnerships (Nissan/Wayve in Tokyo, plus existing deals with Zoox/Waymo) signal a clear pivot from gig-economy logistics to a high-margin orchestration layer. By integrating multiple AV providers, Uber is turning the underlying hardware into a commodity.

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Given the strong short-term price appreciation, we are revising our rating for $LYB from BUY to HOLD. Our metric rates something a BUY only if we are confident that the stock is most likely to generate over 15% IRR over next 2-3 years in our opinion.

Seat-based/SKU-based pricing is a thing of the past for SaaS/software companies that want to stay ahead of the game. $DT has started its transition early on, and is already bearing fruit from their early on efforts with a bigger impact expected later in the year.

The sell-off in the logistics stocks is starting to make $GXO interesting again.

$UBER is consolidating its lead on operational execution as competitors like $DASH continue to slide. For now, the winning trade is backing the strongest network.

Zoox taxis to be available on $UBER in Las Vegas this summer and Los Angeles by mid-point in 2027.

$NVDA to invest USD 2bln into $NBIS and further expand the collaboration.

AI will be an additional demand ON TOP of the increased traditional need for cloud observability. $DT will continue its double digit growth over the next 3+ years, perhaps with even some re-acceleration given the additional demand.

Individuals after getting the FOMO and going long oil at above $110. $WTI

There is a pretty clear transition going on in China’s manufacturing global competitiveness. The landscape is much different from 2015, yet some people are back to thinking there is no investment potential in China. $BABA $1810 $BIDU $JD

And then we wonder why do the ETF sponsors rush to get approvals for 5x or even more leveraged products. If there is demand, the market will provide the supply.

A cluster of analyst upgrades (RBC, Fermium) paired with high trading volume in $LYB suggests institutional re-positioning is underway. The catalyst appears to be a bottom forming in global polyolefins, with money moving into the chemicals space ahead of expected improvements

LyondellBasell $LYB is facing an unusual mix of a dividend cut paired with an analyst upgrade and a stock rally. It suggests the market is prioritising balance sheet resilience over immediate yield. For once, I am aligned with the market’s reaction, as during this stage of the