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.
Datadog’s revenue growth has not slowed: it hit 36% last quarter. What fell was profit, down 41% in a year, while the stock trades at 460 times trailing earnings. Which of the two numbers is…
Booking’s P/E and price-to-sales both sit at the bottom of their five-year range, but the average behind that claim is distorted by 2020. How cheap is it if earnings per share only recover to $10.74?…
Berkshire has two analysts and no dividend at a $1,091 billion value. Premiums held near $22 billion a quarter while profit swung from $4.67B to $30.86B. The price sits on Morningstar’s $510 fair value, so…
The lowest price target on S&P Global sits 23% above the stock, and all 17 analysts say buy. We check the 2022 margin break itself, the slow recovery, a forward P/E that barely moves, and…
Shopify kept 16.3 cents of each revenue dollar as operating profit in 2025, ahead of Amazon’s 11.2. We check what the numbers prove, why gross margin fell, and whether an 87 times earnings multiple leaves…
TJX grew sales 5.4% last quarter and EPS 23.6%, yet the stock sits 25% below its high at 23.6 times earnings, the 9th percentile of its own range. Eight quarters of data test the recession-trade…
Eaton’s June-quarter sales rose 21.4% and diluted EPS fell 15.9%. The stock still trades at 43 times trailing earnings, the 95th percentile of its own range. Here is what the gap needs to close, and…
CME paid a special dividend every December from 2019 to 2024, up to $5.80 a share, yet the stock’s 4.08% yield hides how much depends on a board decision. Here is what the payment records…
ServiceNow trades at 73 times forward earnings, three times the software average. At 20% EPS growth it takes about five years just to reach 30 times. We test what the price assumes about AI agents…
AT&T cut its dividend by 47% in 2022. Since then the $1.11 payout has been covered 2.4 times by free cash flow and takes 37% of trailing EPS. Why that looks durable, why 2025 earnings…