US stock market open 23 November 2015
- S&P flat at 2089
- Dow +2pts to 17826
- Nasdaq +1pts to 5106
US 10 year yields 2.27% +1bp
In around 10 mins we get the first November US manufacturing PMI number. 53.9 is expected vs 54.1 prior
US 10 year yields 2.27% +1bp
In around 10 mins we get the first November US manufacturing PMI number. 53.9 is expected vs 54.1 prior
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LKQ, VAC, RGR face risks: weak growth, shrinking returns, high debt. Valuations at 9.7x, 8.7x, 21.7x P/E.
SNOW hits 52-week low amid panic selling. Analysts urge 'Buy' despite valuation concerns.
ROAD's 53.9% revenue growth & 49.6% EPS jump at 38.5x P/E beats ASUR & RXO's struggles.
AMZN CEO Jassy bets big on AI, expecting strong ROIC despite $200B spend. AI adoption is 10x faster than electricity.
MNDY's 26.9% ARR growth & 89.2% gross margin vs. STX's 24.7% revenue growth & 29.9x P/E. ASTH boasts 51.5% revenue growth & 10.2x P/E.
MKL's slow growth & revenue drop signal caution. At 1.2x P/B, it's not a buy.
CoreWeave jumps 13% on Anthropic deal, powering Claude AI. Meta also boosts cloud deals to $35B.
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