Wipro Stock Discussion

$Wipro (WIT.US)$
Why split? They want to be $3?

Last week, LCU (-2.96% in USD), SQU (-1.79% in USD), SRT (-1.36% in SGD), $CSOP DIV ETF S$ (SHD.SG)$ (-2.03% in SGD) and $CSOP STAR&CHINEXT50 SGD (SCY.SG)$ (-3.72% in SGD) all fell, alongside markets globally.
$CSOP LOW CARBON US$ (LCU.SG)$ fall was driven by IT, industrials and financials by sector. By country, the decline was led by Japan, Australia and South Korea. By individual firms, the fall was led by Samsung Electronics, $Hitachi (6501.JP)$ and $TENCENT (00700.HK)$. Samsung ...

Last week, LCU (+0.59% in USD) and SQQ (+0.20% in SGD) and SHD (+0.19% in SGD) gained, while SRT (-0.42% in SGD) and SCY (-4.35% in SGD) fell.
$CSOP LOW CARBON US$ (LCU.SG)$ gains can be attributable to financials, industrials and healthcare by sectors. By geography, gains were led by Japan, South Korea and Singapore. In terms of individual firms, gains were mainly driven by Toyota Motor Corp, Samsung Electronics and Mitsubishi UFJ Financial. $Toyota Motor (7203.JP)$ ...

Contact is head of financial services vertical at $Amazon (AMZN.US)$ AWS.  Probably worth remembering that senior execs operate at very high levels and typically lean optimistic - so need to stay sober but was pretty damn bullish.
Punchlines are that:
-1) Fin svcs is the largest vertical in AWS (25b) and will accelerate from 15% last year to 25-30% this year
-2) Everyone is working on moving 100% of their data to the cloud to deploy Gen AI across their organizations
-3) Margins in AI platform...

The research is done by the respective broker and I do not endorse any of them. Just sharing here for information and reading pleasure.
alphaedgeinvest...
$Wipro (WIT.US)$

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