Airlines absorb soaring fuel costs ($3.93/gal) on record bookings; fares likely to rise.
Health insurers face margin risks from costs & regulation. PGNY, CLOV, MOH, CNC, ELV down post-earnings despite revenue beats.
Japan posted a ¥57.3bn trade surplus in February (exp. -¥483.2bn) as exports rose 4.2% y/y (exp. 1.6%). Imports grew 10.2%. Weak China (-10.9%) and US (-8%) demand offset strong EU gains, highlighting uneven global demand.
GLDD up 48.6% despite revenue miss; FIX up 2.9% on strong earnings beat; MTRX down 23.4% on misses.
Australia’s Westpac Leading Index held at +0.08% in February (vs +0.08% prior), down from +0.13% in September. Momentum remains slightly above trend but is set to slow as rate hikes and global risks weigh on growth outlook.
Toy stocks tumble 10% post-earnings. BARK misses revenue, MAT down 25%, HAS down 4%, FNKO down 12%.
Micron's earnings loom! Expect 147% revenue growth, but peers are down 6%. MU's up 12%. Buy or sell?
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