Is Everest Group Stock Underperforming the Dow?
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Motio Research‘s measure is down 1.2% relative to May, but flat relative to July. Note that the nominal income is also down 0.3% relative to May.
Chewy has a loyal customer base and a promising pet health pivot. Uber has scale, diversification, and free cash flow growing across three platforms simultaneously.
OCBC’s Christopher Wong comments that USD/KRW eased as Korean equities rebounded and foreign investors briefly turned net buyers, but warns this may not mark a lasting shift.
AUD/USD reverses its earlier gains on Monday as a broadly firmer US Dollar (USD) and hawkish Federal Reserve (Fed) expectations cap the upside.