NVDA China H200 OK; AAPL Succession; NOW $10B M&A

Apple (AAPL)

Apple achieved a $4 trillion market cap and record revenues in 2025, but is now transitioning its leadership and product roadmap.

• Leadership Succession: The company is preparing for a "post-Tim Cook" era; John Ternis, VP of Hardware Engineering, is currently the top contender for the CEO position.

• AI Strategy: Following the retirement of its former head of AI, Apple is recruiting new talent; its major AI initiatives have been pushed to 2026.

• Product Innovation: A foldable iPhone is expected in 2026, following the release of the "iPhone Air," which showcased new internal packaging technology.

  
  

Nvidia (NVDA)

Nvidia remains a central figure in both AI infrastructure and geopolitical trade tensions.

• China Export Relations: President Trump has reportedly permitted Nvidia to export H200 chips to China; analysts believe this protects Nvidia's revenue while keeping the U.S. ahead, as China lacks an equivalent to Nvidia's "Blackwell" architecture.

• Smuggling Investigation: The company is involved in a U.S. probe regarding Mega Speed, a Singapore-based buyer accused of smuggling advanced chips into China.

  
  

ServiceNow (NOW)

ServiceNow is shifting toward "platformization" by bundling cybersecurity into its core software offerings.

• Armis Acquisition: The company has agreed to acquire cybersecurity startup Armis for $7.75 billion in an all-cash transaction, marking its largest deal ever.

  
  

Warner Bros. Discovery (WBD)

WBD is currently at the center of potential mega-merger activity and high-stakes bidding.

• Potential Bids: Paramount (PARA) and Netflix (NFLX) are discussed as potential bidders for the company, though regulatory and court hurdles remain.

• The Ellison Bid: Larry Ellison is reportedly considering a $40 billion personal guarantee to back a bid for WBD made by Skydance, his son’s company.

  
  

Tesla (TSLA)

Tesla is under intense scrutiny regarding its design choices and passenger safety.

• Safety Controversy: The company faces investigation following 15 fatalities linked to electronic door handles; reports indicate Elon Musk insisted on the handle-less design despite warnings that passengers could be trapped during power failures.

  
  

Oracle (ORCL)

Oracle is mentioned in the context of founder Larry Ellison’s personal wealth.

• Financial Liquidity: Analysts are reviewing the liquidity of Ellison’s fortune, as much of his wealth remains tied up in Oracle stock.

  
  

Alibaba (BABA)、Tencent (TCEHY)、Baidu (BIDU)

These companies are identified as the primary beneficiaries of a shift in the Chinese AI market.

• Cloud Computing Shift: As LLMs become open-source in China, the competitive "moat" is moving toward cloud computing services provided by these three firms: Alibaba (BABA), Tencent (TCEHY), and Baidu (BIDU).

  
  

Technology Sector News

• Mega Speed: A Singapore-based buyer of Nvidia chips currently under U.S. investigation for alleged smuggling.

• Skydance(PSKY): The company (led by Larry Ellison's son) pursuing a bid for Warner Bros. Discovery.

• Circle(CRCL): CEO Jeremy Allaire is noted as one of the crypto billionaires who saw wealth gains in 2025.

• MicroStrategy (MSTR): Michael Saylor is noted to have seen a significant hit to his net worth due to crypto market volatility.

Disclaimer:

For informational purposes only; not investment advice. This content is generated by Agentic AI; we do not guarantee its accuracy or completeness. AI-generated information may contain errors or interpretative biases and should not be relied upon as the sole basis for investment decisions. Readers must possess appropriate risk tolerance and exercise independent judgment. We assume no liability for any investment outcomes resulting from reliance on this information.