The Fed is expected to cut interest rates by a quarter point later today. (Photo by Kent Nishimura/Getty Images)Getty ImagesKey TakeawaysFed Decision And Projections Will Drive Market Volatility This WeekChina Blocks Nvidia AI Chips, Boosting Domestic Tech Sector ConfidenceTikTok Ownership Deal Could Lead To Landmark Future U.S. IPOBroad market indices closed lower on Tuesday as investors await a decision from the Federal Reserve on interest rates later today. While the rate cut is a foregone conclusion, th ...

Core Thesis - Grab Holdings Ltd. has shown a significant recovery with over 70% stock price increase in the past year, achieving its first positive free cash flow for 2024 and demonstrating year-over-year revenue growth exceeding 20% [2][4] - Analysts predict consolidated revenues could exceed $5–6 billion by 2026, while the stock is currently undervalued at barely 1x forward sales compared to 4–6x for similar companies in emerging markets [4][8] - If Grab maintains annual revenue growth of 20–25% and achieves positive adjusted EBITDA margins, a re-rating to 2x sales could potentially double its market capitalization [4][8] Key Growth Drivers - Mobility demand is rebounding in Southeast Asia, providing Grab with pricing power and scale advantages [5] - Delivery operations are becoming profitable as subsidies decrease and logistics efficiency improves [5] - The growth of GrabFin, which includes payments, lending, and insurance, offers higher-margin revenue streams and enhances per-user monetization [5] Market Position and Competitive Landscape - Despite progress towards profitability, Grab's shares are still trading at lower levels, raising questions about the potential for stock price doubling [3][8] - The competitive landscape includes pressures from rivals like GoTo and Foodpanda, which could impact pricing and market share [7] - Regulatory scrutiny regarding driver compensation and fintech licensing is increasing, posing potential challenges to margins [7] Financial Outlook - Grab is on a path to profitability with positive adjusted EBITDA, which could attract institutional investment as losses diminish [5] - The current valuation presents a discount relative to growth potential, with a reasonable expectation for stock price doubling if revenues increase significantly [8][9]

CHONGQING, CHINA - JUNE 01: In this photo illustration, the logo of Rubrik, Inc. is displayed on a smartphone screen, with the company's latest stock market chart visible in the background, reflecting recent trading activity and investor sentiment, on June 01, 2025, in Chongqing, China. Rubrik is a U.S.-based cloud data management and cybersecurity company that provides data protection, ransomware recovery, and backup solutions for enterprises across hybrid and multicloud environments. (Photo Illustration b ...

HUNTINGTON BEACH, CALIFORNIA - SEPTEMBER 07: Orb at Eightco Holdings (OCTO) is the Treasury Company of World (WLD) at Hyatt Huntington Beach on September 07, 2025 in Huntington Beach, California. (Photo by Jon Kopaloff/Getty Images for Eightco Holdings (NASDAQ: OCTO) and World Foundation)Getty Images for Eightco Holdings (NASDAQ: OCTO) and World FoundationEightco Holdings (NASDAQ: ORBS), a lesser-known e-commerce firm, witnessed its stock price soar by over 3,000% in just one trading session last Monday. Th ...

Core Viewpoint - Synopsys, a key player in electronic design automation (EDA) and semiconductor intellectual property, has seen its stock drop nearly 30% following disappointing Q3 results and a weak outlook, raising concerns about its growth trajectory and potential investment value [2]. Financial Performance - For Q3, Synopsys reported revenue of $1.74 billion, a 14% year-over-year increase, but below the consensus estimate of approximately $1.77 billion [4]. - Adjusted earnings were $3.39 per share, significantly lower than both analyst expectations and the company's guidance of $3.82 to $3.87 [4]. - The company anticipates Q4 revenue of up to $2.26 billion and EPS between $2.76 and $2.80, which is considerably weaker than the more than $4 per share forecasted by analysts [4]. Workforce and Operational Challenges - Synopsys announced a 10% reduction in its workforce, indicating strain in certain business segments [4]. - The company faced temporary U.S. export restrictions affecting its relationship with Chinese clients, leading to paused or canceled design projects and hesitance in long-term agreements [5]. Customer Relationships - Issues with a key foundry customer, believed to be Intel, have impacted results, as Intel has scaled back its "18A" foundry program, affecting Synopsys's resource allocation [6]. Valuation Metrics - Synopsys's stock trades at a price-to-sales ratio of 10.6x and a price-to-earnings ratio of 34.1x, both significantly above S&P 500 averages [7]. - Despite the high valuation, the company has shown nearly 10% annual revenue growth over the past three years, with operating margins at 17.2% and free cash flow margins at 22% [7]. Competitive Position - Synopsys maintains a sustainable competitive edge in EDA software and semiconductor IP, supported by strong connections with leading foundries and semiconductor companies [8]. - The extensive scale of its tools generates valuable datasets that enhance its AI-driven solutions, providing a competitive advantage over smaller rivals [8]. Historical Resilience - Historical trends indicate that Synopsys has rebounded more rapidly than the S&P 500 during significant downturns over the past two decades, suggesting resilience [9]. - The recent stock decline may present a long-term investment opportunity for those looking to increase exposure to a well-established player in semiconductor design [9].

Group 1 - FactSet Research Systems is expected to announce earnings on September 18, 2025, with anticipated revenue of approximately $593 million, reflecting a 5.5% increase year-over-year, and estimated earnings of around $4.13 per share [2] - The company currently has a market capitalization of $14 billion, with revenue for the past twelve months at $2.3 billion, operating profits of $704 million, and net income of $533 million [3] - The growth in revenue is driven by the expansion of its recurring revenue base, innovation in the generative AI sector, and strong demand from wealthy and institutional clients for advanced financial data and portfolio solutions [2] Group 2 - Historical data shows that FactSet Research Systems has had 20 earnings data points over the last five years, with a 50% occurrence of positive one-day post-earnings returns [5] - The median of the 10 positive one-day returns is 3.5%, while the median of the 10 negative returns is -4.3% [5] - A strategy to analyze the correlation between short-term and medium-term returns post-earnings can be employed, with a focus on pairs showing the highest correlation for trading decisions [6]

SUQIAN, CHINA - SEPTEMBER 17, 2025 - An illustration photo shows Nano Banana logo in a smartphone in Suqian, Jiangsu Province, China on September 17, 2025. (Photo credit should read CFOTO/Future Publishing via Getty Images)CFOTO/Future Publishing via Getty ImagesGoogle's stock has been making headlines, surpassing the $3 trillion market cap milestone as investor confidence grows. But here’s the bigger takeaway: even after this rally, Google still trades at a notable discount compared to Big Tech peers like ...

CHONGQING, CHINA - SEPTEMBER 14: In this photo illustration, a smartphone shows the logo of Lennar Corp. (NYSE: LEN), a U.S. home construction and real estate company specializing in residential communities and related financial services, with the company's latest stock market chart seen in the background on September 14, 2025 in Chongqing, China. (Photo illustration by Cheng Xin/Getty Images)Getty ImagesLennar (NYSE:LEN) is scheduled to announce its earnings on Thursday, September 18, 2025, with consensus ...

Core Insights - Figure Technology Solutions (NASDAQ:FIGR) debuted on public markets with an IPO price of approximately $25 per share, raising $787.5 million, and closed at $31.11 on the first trading day, a 24% increase [2] - The stock is currently priced around $37 per share, indicating strong market interest [2] - Figure aims to utilize blockchain technology to address real-world financial issues rather than focusing solely on cryptocurrency speculation [2] Company Overview - Co-founded in 2018 by former SoFi CEO Mike Cagney, Figure is developing a blockchain-based lending platform that simplifies consumer credit, initially focusing on home equity lines of credit (HELOCs) [3] - The company has financed over $16 billion in loans through its blockchain system and plans to expand into auto loans and small business financing [3] Technology and Revenue Model - Figure employs its own Provenance Blockchain to manage transactions, enhancing the speed, affordability, and transparency of loan processes [4] - Revenue is generated through loan origination fees, servicing fees, profits from loan sales, and technology usage fees [4] - The company aims to reduce the number of intermediaries in loan transactions, improving efficiency while maintaining security [5] Financial Performance - For the first half of 2025, Figure reported revenue of $190.6 million, up from $156 million the previous year, and a net income of $29.1 million, recovering from a $15.6 million loss in the same period of the prior year [6] - The company facilitated nearly $6 billion in home equity lending, a 29% year-over-year increase [7] - With a market capitalization of around $8 billion, the stock trades at approximately 20 times the run-rate revenues based on the first half of the year [7] Market Potential - Figure's mission focuses on democratizing financial services by leveraging blockchain to eliminate inefficiencies and broaden access [8] - The U.S. home equity market, valued at $35 trillion, presents significant growth opportunities for the company [7]

Topline The Food and Drug Administration sent warning letters to dozens of drug companies— including popular telehealth firm Hims & Hers and pharmaceutical giants Eli Lilly and Novo Nordisk— demanding they correct “false or misleading claims” about some of their popular weight-loss products after President Donald Trump signed an order designed to clamp down on drug advertising.The letters were issued a week ago. (Photo by Sarah Silbiger/Getty Images)Getty ImagesKey FactsThe warning letters were sent to over ...