HK eyes 2.5M jobs in new tech hub, boosting AI & education. GDP up 3.1%, but retail sales slump. Unemployment at 3.7%.
Associated Press Finance
22s ago
Top 10% earners drive nearly half of US spending. Recession fears ease if the wealthy keep spending, boosting consumer goods.
Robinhood (HOOD) surges on strong user growth & cash flow, while STRA & BLNK lag on weak sales & profitability. Traders eye HOOD's 50.3x P/E.
NET surges 507% with 30% billings growth, WING +99% on expansion, APH +333% on revenue scale. Valuations: NET 32x P/S, WING 60x P/E, APH 42x P/E.
LEVI's 2.6% sales growth & shrinking returns at $22.40 (17.7x P/E) vs. SYF's 23.8% EPS growth & 8.7x P/E.
Industrials sector up 22.6% vs S&P 500's 16.4%. FLS, CCK face headwinds; GE shows strong growth. Watch for cycle turns!
PEP's 17.3x P/E and declining sales raise concerns; HRB's 1.7x P/S and slow growth are unexciting; EXPD's 23.7x P/E and falling EPS signal caution.

7 months ago
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