Feds Barkin continues to speak on the economy
- Expects high level of spending in economy for some time
- Not marking down forecast because of Delta variant at this point
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NVDA's 56% margin & 21 P/E is compelling. RDDT's 70% revenue growth & 33x P/E offers value. ZG's 15% revenue growth & 18x P/E is a contrarian play.
TXN's 14.7% FCF margin faces headwinds; FND's 1.4% FCF margin shows weak sales. AZO's 8.2% FCF margin shines.
Apple pulls Bitchat from China App Store citing social mobilization rules. Millions download globally.
Circle stock jumped 14.3% in March on strong earnings & Bitcoin gains, but faces April pullback amid regulatory fears.
Saudi Arabia hikes crude premiums to Asia amid Strait of Hormuz risks. OPEC+ boosts output, but it's theoretical.
EVLV surged 14.2% in March on strong sales & guidance, despite a bearish market. ARR grew 21%.
GEL faces sales decline & high debt (8.7x EV/EBITDA). GIC shows flat EPS & low returns (15.7x P/E). V boasts 14% growth & 19% EPS growth (22.7x P/E).
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