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PYPL
PayPal (PYPL): Enrique Lores Inherits a 10x-Earnings Stock
PayPal has a new CEO as of March 2026, a stock still near 10 times earnings, and a transaction-margin number that finall…
News
Exxon Since 2020: Guyana, the Permian and a Cheaper Barrel
Exxon's P/E has roughly doubled since 2021 while revenue fell 5% and Guyana output is closing in on a million barrels a …
News
Ford Stock Forecast: Ford Pro Earns, Model e Burns $4 Billion
Ford guides to $7.0 to $7.5 billion of Ford Pro profit and a roughly $4 billion Model e loss this year. Here is whether …
NFLX
Netflix (NFLX): The Multiple Fell Faster Than the Margin
Netflix's margin barely moved last quarter, but its multiple got cut by nearly half. Here is what closes that gap, and w…
ESPN
Disney by Segment: What Streaming Profit, Parks and ESPN Each Add
Disney's streaming arm posted a 12.9% margin, parks still supply most of the profit, and ESPN's bundle math is unresolve…
UNH
UnitedHealth (UNH): The Cost Ratio Turned, Is That Enough?
UnitedHealth's medical care ratio fell to 86.7% from 89.4% a year earlier, but reserve gains did some of the work. One g…
News
Palantir’s 93% Growth Meets a 152 Times Multiple
Palantir grew revenue 93% last quarter and still trades at 152 times earnings. I walk through the segment split, the gui…
News
GameStop’s $56 Billion eBay Bid Explains the Cash Pile
GameStop's cash pile was never just a meme-stock curiosity. It is now collateral for a rejected $56 billion eBay bid wit…
News
What Costco’s Membership Fee Does to the Valuation Argument
Costco's U.S. and Canada renewal rate was 92.2% last quarter. That number, not the 45x multiple, is what actually justif…
News
Coca-Cola’s Organic Growth Is Faster Than Its Reputation
Coca-Cola raised guidance twice this year on real unit-case volume, not just price. I break down what's verified, what's…
News
Micron’s $41 Billion Quarter and the Question of Cycle Timing
Micron trades at 23 times trailing earnings but under 7 times forward. That gap is the whole cycle bet, and Micron repor…
News
Walmart Ad Revenue Grew 46% While the Store Business Grew 5%
Walmart's ad and membership lines are growing far faster than the stores that built the company. I ran the profit math m…