Data for the European session 15 May

Business services stocks shed 6.9% amid AI fears. TTMI, GSAT, IBTA show strong growth but high P/E ratios.

Industrials gain 4.7% vs S&P 500's -2.3%. AAON, SHLS, NOVT face margin declines & high P/E.

Nasdaq dips 13%, but GOOGL, MELI, NVDA offer discounts. GOOGL's Cloud up 48%, MELI faces valuation risk, NVDA's P/E is low.

CORT's EPS fell 6.9% as FCF margin shrank 27.1 pts. AAPL trades at 29.8x P/E, CTAS at 33x.

RDNT's 0.7% FCF margin & 91.2x P/E raise flags. CINF's 14.7% EPS growth lags. APA shines with 15.6% revenue growth & 8.8x P/E.

Vanguard index funds VOOG & MGK split 6-for-1, beat S&P 500 109-148% in decade. AI boom may boost returns.

TNL's 9.6x P/E hides overleverage & slow growth. VOYA's 6.9x P/E masks declining book value. ADM's 18x P/E faces revenue & EPS drops.