Earnings topped estimates and guidance went up. Geopolitics brought it back down.
Money
Margins nearly doubled overnight. August 11 is when the math gets tested.
FDA cleared modified-risk claims. The smoke-free transformation is accelerating.
Value-added services up 25%+ and a $20B buyback. July 28 is the number that matters.
Industrial recovery plus AI power demand is an unusual combination for a chip company nobody was watching.
The market is pricing in failure. The data is telling a different story.
Azure grew 40% last quarter. The stock is trading like it didn't.
Both energy giants beat in Q1. The Q2 call is where the real story gets told.
The reshoring wave just created a hidden toll booth nobody is watching.
