Yesterday we got NAB business confidence … which didn’t turn out too well at all.
At 2330GMT we get the figures from Westpac/Melbourne Institute Consumer Sentiment/confidence for November :
Following, at 0030GMT is the Wage Cost Index for Q3:
Most Popular
Sponsored
OMCL's 23% return is strong, but its 6.8% EPS decline & 0.5% ROIC raise red flags. Valuation at 23.2x P/E seems high.
NVDA's quantum AI tools boost GPU demand. Expect 20% upside, 70-80% data center growth, 75% gross margin.
SFIX drops 24% to $3.25, with negative margins & weak cash flow. P/S at 0.3x, but upside limited.
Treasury yields jump as $691B sold. 10-yr hits 4.6%, 30-yr 5.12%. Inflation fears rise.
DCO beats Q1 revenue & EPS estimates; margins expand on aerospace rebound & defense strength.
USPH shares drop 17% on margin squeeze despite revenue in line. Weather hit visits, impacting EPS.
Trucking contract rates up ~10%, spot rates +35-40% y/y. SCOTUS ruling adds inflationary risk, narrowing rate spread.
Sponsored
Must Read
