Survey expected for the rate today was 6.6117 (Reuters survey) and 6.6132 (Bloomberg)
PBOC skips open market operations today.
50bn yuan of reverse repos mature, thus a net drain of that amount.
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PANW's AI cybersecurity shines, with 33% ARR growth & P/S discount vs. CRWD. Analysts see 13-45% upside.
Chase Sapphire Reserve: 150K bonus pts ($1.5K value) w/ $6K spend. High $795 fee, but perks offset costs.
UAN surges 34% on strong Q1 earnings & 103% plant use. Geopolitics boost prices, but capex reserves may impact distributions.
LLY jumps 10% on strong GLP-1 sales, but YTD returns lag amid competition.
META beats earnings but drops 9% on AI spend. High P/FCF at 35x signals caution.
SoFi stock's 42% drop from highs & 31x forward P/E may signal oversold. Strong revenue growth & profit trend.
RIVN's Q1 revenue dips 27% amid cash burn; R2 SUV launch & VW JV key for future returns.
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