Vestas sees improved wind turbine order momentum
"Yeah, absolutely. It seems that the prospects for that wind industry are improving and Vestas will be a big part of that. So, um JP Morgan analysts have said that the company had probably a lot more orders for wind turbines than expected in the fourth quarter. Um so that includes both onshore and offshore projects. It also includes a variety of markets and it would make it the second consecutive quarter of demand coming in above expectations for Vestas. So it seems that there is good momentum going there. Um and it's definitely good news for an industry that's had a really really tough year."
The commentary highlights improved fundamentals for Vestas, citing JP Morgan's observation of unexpectedly high wind turbine orders in Q4 across various markets, suggesting strong momentum in the wind energy sector.
ON24 Acquisition and Premium Dynamics
"The ticker is shares are up by 37% today. Uh so the company uh agreed to be bought by Cvent. This is a software business for a total consideration of about $400 million in cash and this price represents about more than 60% of uh premium over the closing price on November uh November 10 actually. So the those companies expect to close this transa transaction in the second half of 2026. Goldman Sachs is an exclusive financier and then again when the company published earnings in early November they already said that they see some offers of a potential acquisition. Uh it is an unprofitable business. When you look at FA function on Bloomberg terminal it says that revenue is declining but losses are kind of narrowing. So that's that's the deal."
ON24 is trading with significant momentum, up by 37% due to an announced acquisition by Cvent at a 60% premium over a previous close. The deal, expected to close in the second half of 2026, highlights the market's reaction despite the company being unprofitable and experiencing declining revenue, though losses are narrowing.
Morgan Stanley Downgrades Dell Technologies
"Yeah, so a hardware name here, Dell Technologies, ticker DL. It's the worst performer in the S&P 500 today with a Morgan Stanley downgrade. So, the bank cut Dell from an overweight to an underweight, which is quite rare. We call that a twostep downgrade."
Dell Technologies is under significant pressure after Morgan Stanley downgraded it from overweight to underweight, labeling it the worst performer in the S&P 500 for the day. The downgrade was driven by concerns over a potential memory super cycle that could adversely affect earnings.