Board meeting on stress tests transparency: https://t.co/TH8ICb3DuE - Federal Reserve tweet

Clark Square Capital
RT @Reignots: None of the sell side dingdongs like $JEF have done a fraction of the alt data work @ClarkSquareCap and @tickerplus have been sharing which is why their analysis is always backwards looking and their price targets always a mirror of yesterday's close. https://t.co/8wbmuB1hza

LuxExperience (US: $LUXE, formerly MYTE) reported 1Q26 results this morning.

Overall, I would characterize these as very solid, despite some short-term messiness as they begin to integrate Net-a-Porter/Mr. Porterand Yoox.

The standout was core Mytheresa, which posted accelerating GMV/revenue (+14%, and +12%, respectively) and doubled EBITDA margins to 3%. As far as NAP/MRP goes, the company is making progress in reducing costs (SG&A) and stabilizing top-line. Importantly, the company will complete the sale of The Outnet (part of the off-price division) for USD $30 million. This is a big win, as they will be able to reduce cash burn and get paid for a division that most analysts did not attribute much value to.

LUXE raised the full-year guidance for EBITDA to -2% to +1%(from -4/+1 previously) and lowered the GMV guide, but solely due to the disposal of The Outnet. Management also expects NAP/MRP to return to growth in 2H26, but I think this may be sooner, as recent web traffic trends continue to accelerate (see attached).

Valuation remains quite compelling. I see the company hitting ~8% EBITDA margins in ~2 years, which would translate to about EUR 200million in EBITDA for MYTE/NAP/MRP (excluding Yoox). This is on a current EV of roughly EUR 900 million (assuming they can keep EUR 300m of the cash). At a 10x EBITDA multiple, this would be a $18 stock, or about a double from here. - Clark Square Capital
tweet

Clark Square Capital
RT @Reignots: None of the sell side dingdongs like $JEF have done a fraction of the alt data work @ClarkSquareCap and @tickerplus have been sharing which is why their analysis is always backwards looking and their price targets always a mirror of yesterday's close. https://t.co/8wbmuB1hza

LuxExperience (US: $LUXE, formerly MYTE) reported 1Q26 results this morning.

Overall, I would characterize these as very solid, despite some short-term messiness as they begin to integrate Net-a-Porter/Mr. Porterand Yoox.

The standout was core Mytheresa, which posted accelerating GMV/revenue (+14%, and +12%, respectively) and doubled EBITDA margins to 3%. As far as NAP/MRP goes, the company is making progress in reducing costs (SG&A) and stabilizing top-line. Importantly, the company will complete the sale of The Outnet (part of the off-price division) for USD $30 million. This is a big win, as they will be able to reduce cash burn and get paid for a division that most analysts did not attribute much value to.

LUXE raised the full-year guidance for EBITDA to -2% to +1%(from -4/+1 previously) and lowered the GMV guide, but solely due to the disposal of The Outnet. Management also expects NAP/MRP to return to growth in 2H26, but I think this may be sooner, as recent web traffic trends continue to accelerate (see attached).

Valuation remains quite compelling. I see the company hitting ~8% EBITDA margins in ~2 years, which would translate to about EUR 200million in EBITDA for MYTE/NAP/MRP (excluding Yoox). This is on a current EV of roughly EUR 900 million (assuming they can keep EUR 300m of the cash). At a 10x EBITDA multiple, this would be a $18 stock, or about a double from here. - Clark Square Capital
tweet

WealthyReadings
Why would companies onboard $PATH instead of $PLTR?

My only answer would be that those companies do not have the need for the ontology complexity and can satisfy with a less advanced or pricey tool.

Any other reasons? Any competitive reason; none come to my mind.
tweet

Fiscal.ai
Google just surpassed Microsoft to become the world's 3rd largest company by market cap.

$GOOGL $MSFT https://t.co/XxxIu9NRIj
tweet

WealthyReadings
I constantly try to look for the best possible set up. And build large positions once I find it. My conditions are pretty strict.

1. Strong fundamentals and narratives.
2. Correct valuation or undervalued.
3. Positive or neutral price action.

What stock would fit those today?
tweet

Quiver Quantitative
JUST IN: Representative Michael Guest just filed a purchase of Monolithic Power stock, $MPWR.

It is his first trade filed in almost a year.

Guest is the chairman of the House Ethics Committee. https://t.co/LSFKNNC78M
tweet

App Economy Insights
$WMT Walmart Q3 FY26 (October quarter):

• Revenue +6% Y/Y to $179.5B ($4.3B beat).
• Non-GAAP EPS $0.62 ($0.02 beat).
• Walmart US comp sales +4.5%.
• E-commerce +27% Y/Y.
• Advertising +53% Y/Y.

FY26 Net sales growth outlook:
• +4.8% to 5.1% Y/Y (0.7pp raise). https://t.co/H2cDA4uWo0
tweet