EDIT!!! This was a mistaken entry on the Reuters newswires and has been rescinded.
AUD/USD is looking soft, but bids are reported starting at 1.0750. Higher CPI and PPI means less chance of lower Chinese rates and easier monetary policy, which affects investment and thus the AUD.
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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.
Intel dips 3.8% after a 166% rally. AI wins & new leaders face growth tests.
Industrials up 16.3%, but watch out for cash-burners like ALTG (6.3x EV/EBITDA). FSLR shines with 23.3% growth.
Anthropic's $1.5B AI venture with Wall Street giants targets PE firms. High stakes, big returns potential.
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