Wrap Europe

Musk misled Twitter investors pre-acquisition. Jury finds him liable for fraud in $44B deal.

AGCO's 1.3% return & 19.4x P/E mask declining sales & EPS. ROIC is down, signaling risk.

Polaris shares down 6.4%, trades at 31.4x forward P/E. ROIC declining, cash flow to drop.

Iran oil waiver to release 140M barrels, Brent crude surges 50%+. Treasury aims to curb inflation.

AI capex bet faces friction: higher costs, supply chain risks, and geopolitical uncertainty threaten projected returns.

ORLY's 3.8% sales growth & 19.5% margin shine; CPNG's 29.1% gross margin lags.

ESTC's 3.1x P/S & 13.6% sales growth raise concerns. MMS boasts 7.7x P/E & 8.4% revenue growth.