Tigerong
10-25

What happened to last quarter stock price? 

The second quarter was weak. Organic revenue fell 1%, US pet medicine sales fell 11%, and management cut its full-year revenue forecast for the second time this year, to $9.12 billion to $9.32 billion. The stock rose 3.9% on the day anyway, a sign the price was pessimistic.

In September, management said the discounts it was using to win customers back from rivals hadn’t worked well enough, so it made them bigger in the third quarter. List prices were not cut though, just bigger discounts.

stock like Zoetis It fell to $69.10 on 1 Oct, then recovered to $82.00, 6% above where i wrote about it before

Where we stand the fair value is $125 to $155, and the stock trades 34% below the low end.this show market still not very pessimistic yet 

Cash Is the New AI Scorecard — Which Megacap Can Defend It?
QQQ fell 1.42% and the S&P 500 0.30% Thursday as investors focused on Big Tech’s AI spending and cash returns. Amazon missed estimates with $201.9B revenue and $1.89 adjusted EPS. AWS grew 39% to $48.1B, but shares fell another 7.30% after hours as trailing 12-month free cash flow dropped 35% to $42.2B. Microsoft slipped 0.16%, while Meta gained 1.96%. Which of Amazon, Microsoft, or Meta will first prove AI investment can generate cash returns?
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