Real-time reactions to earnings, macro events and market moves — what actually happened, what the numbers show, and what we’re doing about it in our own positions. Not price predictions, a working read on the stocks and events moving the market this week.
Apple sits near its high at 38.5 times earnings, the 94th percentile of its own history, and the June quarter had a tariff refund in it. Analysts are far less bullish than the price. Here…
Nvidia posted $81.6 billion of revenue and $48.6 billion of free cash flow in one quarter, and the stock still slipped. Customer concentration, a China market booked at zero and custom chips explain why the…
Nvidia’s quarterly sales doubled to $96 billion, yet the stock fell on three of its last four reports. At about $222 and 18 times forward earnings, here is what has to go right, a price…