Data measures the change in approvals for construction - which provides an indicator of construction activity in the economy down the line.
A positive reading, coupled with the trade balance earlier certainly does the aussie no further harm.
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PLTR beats Q1 estimates with 85% revenue growth, strong margins, and raises FY guidance. Valuation remains high.
GBCI's slow growth & falling EPS raise red flags. ARLO & NTNX show strong revenue & cash flow.
GME drops 10% on CEO's eBay bid silence. Burry exits his GME stake. High risk, uncertain valuation.
COCO's 52.4% EPS growth & 37.2% ROIC shine, while VSCO's 1.1% revenue growth & GLNG's sales decline raise red flags.
Australia's services PMI rose to 50.7 in April from 46.3 in March, but new orders fell for a second month and input price inflation hit its fastest pace since August 2022, driven by Middle East fuel costs.
VBR's lower fees & 31.7% return vs. ISCV's higher yield & 34.1% return. Weigh risk vs. reward.
NOW's 56% upside potential shines with strong cash flow, while CBRE & ENOV show weak returns & declining sales.
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