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How can the US economy grow at 3.4% while September inflation sits at 3.6% and real incomes fall?

The PCE priceindexis the Fed's preferred inflation gauge. Quarterly, it rose 2.1% annualized in the third quarter, down from 5.0% in the second, and core rose 2.5% against 3.3%. Yet monthly data for September show headline up 0.5% and core up 0.3%, with year-over-year …

Vinay Lochav | 03 November 2026

Why are three Fed officials arguing for more rate hikes after the central bank held at 3.75 to 4.00% on a 10 to 2 vote?

Musalem said additional firming ofMonetary Policywould be necessary and soon, arguing that earlier, smaller steps are less disruptive than later, larger ones. Logan, who voted to hold this week, said the committee needs to implement at least two more 25 basis point increases and …

Vinay Lochav | 03 November 2026

Which AI optics maker grew revenue 45% to USD 1.3 billion and reports on November 2 after the chip rout?

Fabrinet builds optical communication components, automotive parts, medical devices and industrial lasers and sensors for customers, according to the company description. A contract model typically produces thin percentage margins on large volumes: revenue can climb quickly while gross margin stays near 12%, so profit …

Vinay Lochav | 03 November 2026

Which chipmaker guided gross margin as high as 42% and expects AI data center revenue to more than double before reporting on November 2?

Gross margin is the lever to watch. The second quarter non-GAAP margin of 39.3% compares with a guide of 40.0 to 42.0%, which implies improvement of roughly 70 to 270 basis points, simple arithmetic on the ends of the range. Management called AI data …

Vinay Lochav | 03 November 2026

Which hotel giant has a record pipeline of 629,000 rooms and reports before the open on November 2 with North American RevPAR up 5%?

North America carried the second quarter, with US and Canada RevPAR up 5%, while international RevPAR slipped 0.5% and Europe, the Middle East and Africa fell about 5% as conflict in the Middle East cut travel. Marriott raised full-year worldwide RevPAR growth to 3.0 …

Vinay Lochav | 03 November 2026

Which beauty giant guided adjusted EPS growth of up to 34% for fiscal 2027 and reports before the open on November 2?

In fiscal 2026 Asia Pacific organic sales rose mid-single digits on Asia travel retail, with Korea, Hong Kong and Hainan growing, while rest of mainland China travel retail fell after a change in duty-free retailers at the Beijing and Shanghai airports. Mainland China overall …

Vinay Lochav | 03 November 2026

Which veterinary diagnostics leader raised its 2026 EPS outlook to USD 14.69 to USD 14.94 while US clinic visits fell 1.3%?

IDEXX sells diagnostic tests and instruments to veterinary clinics, so itsRecurring Revenuefollows clinic traffic and testing intensity. When visits decline, growth must come from more tests per visit and price. The company has pointed to new products to do that: CancerDx has passed 10,000 …

Vinay Lochav | 03 November 2026

Why does the market expect first-quarter EPS to fall about 63% at a household cleaning brand reporting on November 2?

The fiscal 2027 outlook for net sales of USD 7.6 billion to USD 7.7 billion implies growth of 13 to 14% from USD 6.72 billion, but the lift comes substantially from theAcquisitionof GOJO rather than from the base business, which is a mechanism investors …

Vinay Lochav | 03 November 2026

Which chipmaker grew data center sales 107% to USD 6.7 billion and reports on November 3 after a roughly 10% one-day drop?

Data center is the engine: first-half segment revenue was USD 12.5 billion, up 81%, driven by EPYC server CPUs and Instinct MI350 accelerators. The next step is Helios, a rack-scale system built on MI450 chips; initial shipments are slated for late in the third …

Vinay Lochav | 03 November 2026

How can an AI server maker guide fiscal 2027 sales of USD 65 billion to USD 72 billion yet face a 14.4% options-implied move on November 3?

PublishedOptionsdata as of October 30 show an implied move of about 14.4%, against a ten-year average near 16.0%. With revenue and margin disclosed, the open items are EPS, operating expenses,Cash Flowand second quarter guidance. Cash is the sensitive point. Fiscal 2026Operating Cash Flowwas negative …

Vinay Lochav | 03 November 2026
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