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Feb 18
|
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$20.21
$20.21
-0.0%
|
N/A
|
Finnhub News
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— |
Finnhub - DASTY
Impax International Sustainable Economy Fund ...
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Feb 17
|
|
$19.77
$20.21
+2.2%
|
LONG
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Sudhi Ranjan Sen
Bloomberg India Government Reporter
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Macron is in India to finalize a deal for "at least 100 fighter jets" (Rafale Marine, manufactured by Dassault). This is described as the "biggest defense deal ever for India in the last seven decades." It represents a massive, secured revenue pipeline for the manufacturer (Dassault Aviation). LONG DASTY (Dassault Aviation). Bureaucratic delays in finalizing the contract or technology transfer disputes. |
Bloomberg Markets
India Seeks Role in AI Future As Modi Hosts F...
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Feb 17
|
|
$19.77
$20.21
+2.2%
|
SHORT
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Neil Campling
Tech/TMT Analyst
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Dassault Systemes and Siemens sold off sharply (Dassault ~8-10%). UBS issued a report questioning the defensibility of industrial design software. Schindler (elevator co) reportedly dropped Dassault to build internal tools. Investors previously viewed complex industrial software (Digital Twins) as a "moat." The inference is that Generative AI allows companies to build these tools in-house cheaper and faster, destroying the pricing power and retention of legacy industrial software vendors. SHORT/AVOID Industrial Software incumbents. The sell-off is an overreaction to a single client loss (Schindler); AI integration might eventually aid these platforms. |
Bloomberg Markets
Anthropic’s Pentagon Talks Snag, Pound Falls ...
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