Speaker
Dave Sekera
14 bits across the podcasts they've appeared on
Spot energy markets reflect boots-on-the-ground reality because energy supermajors like BP and ExxonMobil run massive trading desks with advanced global data flows.
The Federal Reserve and market analysts need several more months of CPI/PPI prints to accurately map if companies are passing tariff costs to end consumers.
Market futures show almost no expectation of a July cut, though the probability rises to 65% for the subsequent September Fed meeting.
High unsold home inventories and elevated mortgage rates mean housing starts likely won't bottom out and hit the 1.5 million target until 2028-2029.
The analyst decreased his long-term growth assumption by 30 basis points annually for five years, but the stock is still a buy at a 30% discount.
The sudden upward momentum occurred without any company-specific corporate news catalyst, leading Sekera to suggest locking in profits.
The cuts are immaterial in the context of the massive long-term procurement forecast of 2,500 jets for the US and 1,000 for allied nations.
As the undisputed global leader in high-end photolithography machinery, ASML is uniquely exposed to secular AI infrastructure buildouts through 2030.
