Eurostat
- prior +0.3%
- Retail sales 3.1% vs 2.4% y/y expected
- prior 2.1%
EURUSD unfazed.
EURUSD unfazed.
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Costco's 7.9% sales jump faces a high 50x P/E. Trillion-dollar goal needs 22% CAGR, but valuation may limit short-term gains.
MMS lost 17.5% but shows solid 8.4% revenue & 16.8% EPS growth. Trades at 8.1x forward P/E.
Nvidia's $1T backlog fuels tech rally; Dow gains as oil slides amid Iran tensions. Traders watch geopolitical risks.
URBN's 9.4% loss & 10.9x P/E raise questions. Strong same-store sales vs. mediocre revenue growth.
BIS warns central banks not to overreact to Iran-driven energy price spike unless the shock proves prolonged. I suspect the Reserve Bank of Australia today will the first of many to give the BIS the middle finger.
NVTS jumps 3.86% on new SiC chips for AI data centers, but it's down 18% since IPO. Watch demand.
FLG jumps 3.3% on tech hires, but trades 11.7% below 52-week high. Past 5-yr returns: -66%.
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