Positive tones for equities as USDJPY holds firm 26 July
- high 20116.00
- low 20016.58
- Topix +0.24 at 1620.88
- USDJPY dipping further to 111.83 but finding support
Australia's S&P/ASX200 closes up 0.87% at 5776.30
Australia's S&P/ASX200 closes up 0.87% at 5776.30
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MU's 4% dip despite record earnings signals valuation fears. Stock's quadrupled value faces sustainability questions.
P&C insurers beat revenue estimates by 2.9%, but stocks fell 6.4%. THG down 2.1%, FAF flat, ORI down 7.7%.
Cybersecurity stocks mixed: CRWD up 11% on strong revenue, VRNS down 8% despite beat, RPD down 39% on weak guidance.
EUFN surges 44% on strong bank earnings, yielding 3.55%. Watch for rate policy risks.
GEV's 160%+ run continues with raised 2028 EBITDA margins to 20%. Buy in thirds.
LESL surged 11.2% on director buys; M beat estimates, up 5.1%. ULCC fell 5.7% on fleet deferrals.
ICF boasts lower fees & U.S. focus; GQRE offers higher yield & global reach, but at a higher cost.
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