Core Viewpoint - Wayfair shares experienced a significant decline of up to 16%, reaching a four-month low intraday, following the company's forecast of mid-single-digit year-over-year topline growth for the first quarter, which Jefferies views as conservative due to colder weather at the start of the year [1] Group 1 - The company anticipates gross margins for the first quarter to be "likely at the low end" of the guidance range of 30% to 31% [1] - Wayfair's Chief Financial Officer, Kate Gulliver, participated in a discussion on Bloomberg Businessweek Daily regarding the company's outlook [1]

Core Insights - RF Industries has received an additional $2 million order for custom cabling solutions from a leading aerospace company, indicating strong demand in the aerospace sector [1][2] - The CEO of RF Industries highlighted the company's progress in the aerospace industry and the importance of custom cabling solutions in driving growth and entering new markets [2] - The company is focused on diversifying its business across customers, applications, and markets, which is expected to enhance topline growth [2] Company Overview - RF Industries designs and manufactures a wide range of interconnect products for various markets, including wireless/wireline telecom, data communications, and industrial applications [3] - The company's product offerings include RF connectors, coaxial cables, fiber optic cables, and custom cabling solutions, among others [3] - RF Industries is headquartered in San Diego, California, with additional operations in New York, Connecticut, and New Jersey [3]

I disagree with this view for a few reasons.(1) First, fast topline growth businesses are rare. Often they have a thesis on how margins can improve. And sometimes that thesis plays out. AI costs are highly dynamic, for example.(2) Second, yes, from today’s vantage point we can see that ride-sharing worked out but scooters made less money. However, even Uber lost money for many years. And the micromobility companies did create enormous consumer value, and Lime is apparently going public.(3) Third, just about ...