More of the same we've seen all week
China's foreign ministry:
- Urges US to return to rationality on trade dispute
- China's door to talks is open on trade.
Reuters are running this story in their top news section.
China's foreign ministry:
Reuters are running this story in their top news section.
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SIRI's 8.4% loss & 7x P/E look cheap, but weak growth & falling ROIC signal risk.
The US launched a Section 301 probe into manufacturing overcapacity across 16 trading partners including China, the EU, Japan and Mexico. The investigation could pave the way for new tariffs after earlier duties were struck down by a court.
ADT's 24% drop to $6.69 & weak FCF/ROIC signal risk despite cheap P/E.
Yuan gains hit Chinese exporters hard; hedging surges 13.5% to $39B. Valuations at risk.
The US will release 172m barrels from the SPR as part of a 400m-barrel IEA stockpile drawdown aimed at easing oil prices after the Iran conflict shock. Separately, US intelligence says Iran’s leadership remains stable despite weeks of bombardment.
INCY's 11.3% gain beats S&P 500. With 26.3% FCF margin & 13.2x fwd P/E, is it overvalued?
Global Industrial's 17.8% loss & 6% EPS growth raise flags. At 15.9x P/E, it's cheap but lacks upside.
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