Welcome to the Asian timezone. BYO pillow and blanket.
- Sellers 1.0670/80, 1.0700 ... some stops mingled above 1.0680
- Buyers 1.0600 and 1.0625
Currently 1.0643
Currently 1.0643
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NOV's Q1 EPS misses estimates badly, revenue flat YoY. Free cash flow turns negative. Stock dips 5.4%.
Data analytics stocks surge 11.3% avg. Samsara beats estimates, PLTR up 70% YoY but down 3.6%. HCAT down 23.2%.
CRML jumps 26% on $835M European Lithium deal, gaining full control of Greenland rare-earth play.
GTN's 21.6% gain masks weak sales growth & high debt. At 1.7x fwd P/E, it's risky.
Organon surges 17% on Sun Pharma buyout news, but its $8B debt vs $3B cap raises valuation flags.
HHH stock down 21.3% on debt concerns. Trades at 2.3x P/S, but overleveraged. Avoid for now.
Powell's Fed future uncertain. Rate cut timing hinges on inflation data, impacting market valuations.
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