Silver Sunrise Euro TMT Daily

Daily European TMT update covering Prosus's stake sale in Delivery Hero, positive sector read-throughs for Aixtron, and efficiency gains observed at Ocado.

Key Takeaways

• 1.Prosus is selling a 5% stake in Delivery Hero to Aspex Management at a 22% premium to the 30-day VWAP, reducing its overhang.
• 2.Aixtron read-throughs from Q1'26 reporting show positive momentum in Optical and Power end-markets, particularly GaN and SiC for data centers.
• 3.Feedback from Ocado's Luton CFC site visit highlights strong automation and AI-orchestration capabilities that remain highly competitive.

Table of Contents

• EU TMT TODAY
• QUICK SILVER : SNIPPETS
• Events
• Global TMT Content
• Key Research / Comments
• Key Global TMT Research
• Trading Recap
• Macro Research
• J.P. Morgan TMT Events
• J.P. Morgan TMT Contacts
• TMT Trading
• Disclaimers

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