Carnival: Smooth Sailing Ahead (Archive)
Peak occupancy, rising pricing and fuel efficiency upgrades support an attractive valuation-driven Buy rating.
Consumer
Uber: Navigating A Changing World (Archive)
Tracking margins, AV disruption, premium valuations, technicals, and bargaining power to rate Uber Neutral/Hold.
Tesla: Time To Take A Breather (Archive)
Tesla’s explosive rally looks stretched as slowing rate cuts and renewed pricing pressure loom.
Apple: Insourcing Can Structurally Lift Gross Margins (Archive)
Apple’s insourcing of networking components can structurally enhance long-term gross margins and returns.
Amazon: Multiple Margin Levers Drive Earnings Growth (Archive)
Multiple structural margin drivers are converging to unlock powerful earnings growth at Amazon.
Ali Baba: Favorable Retail Sales Data Vs Moderated Stimulus Impacts (Archive)
Retail tailwinds, valuation parity, and opaque reporting temper Alibaba’s upside potential.
GigaCloud Technology: Disappointing On Growth Expectations (Archive)
GigaCloud’s growth is faltering, margins uncertain, and forensic risks still lingering.