JPMorgan Chase ($JPM) set a high bar for the 2026 banking cycle this morning, delivering a dominant EPS of $5.94—a staggering 17% year-over-year increase that handily cleared the $5.46 consensus. While the market focused on the $50.5 billion in managed revenue, our analysis of the Bloomberg Terminal data reveals the true engine: a record-shattering $11.6 billion in Markets revenue (up 20%)….
Executive Summary: Ziff Davis, Inc. is a prominent digital media and internet company. It operates a diverse portfolio of leading brands spanning technology, shopping, gaming, entertainment, connectivity, health, cybersecurity, and martech sectors. Ziff Davis is known for its strategic mergers and acquisitions, which have expanded its reach and offerings. It owns well-known brands like IGN,…
Company Overview Morgan Stanley is a global financial services firm offering a broad range of investment banking, securities, wealth management, and investment management services. Headquartered in New York City, the company operates in over 40 countries and serves corporations, governments, institutions, and individuals. It is known for its strong presence in both institutional securities and…
Executive Summary: Albemarle Corporation is a global leader in specialty chemicals, specializing in lithium, bromine, and catalysts. With a focus on sustainability and innovation, Albemarle plays a crucial role in enabling technologies for mobility, energy, connectivity, and health. Their products are essential components in electric vehicles, renewable energy storage, electronics, and pharmaceuticals. Albemarle Corporation reported…
Carvana Co. (NYSE: CVNA), founded in 2012 and headquartered in Tempe, Arizona, is a leading e-commerce platform for buying and selling used cars online, best known for its car vending machines and touchless delivery model. For full-year 2024, Carvana reported revenues of approximately $15.2 billion, reflecting a strong recovery with ~26% year-over-year growth after prior…
Executive Summary: Paycor HCM is a human capital management (HCM) software company that focuses on serving small and medium businesses in the United States. Their HCM platform offers a variety of features to streamline people management, including payroll, recruiting, onboarding, and performance management. With over 40,000 businesses and 2.5 million users nationwide, Paycor boasts a…
Company Overview Jabil Inc. is a global design, manufacturing, and supply chain services leader founded in 1966 and headquartered in St. Petersburg, Florida. The company partners with customers from concept through manufacturing and lifecycle management across healthcare, automotive, cloud and networking, industrial, and consumer end-markets. Fiscal 2024 revenue was roughly $31 billion as Jabil continued…
Cloudflare is a global cloud platform that provides security, performance, and reliability services to websites, applications, and APIs. Founded in 2009, the company operates one of the largest distributed networks in the world, spanning over 300 cities. In 2024, Cloudflare generated roughly $1.3 billion in revenue, growing more than 30% year over year as enterprises…
Fastenal ($FAST) reported Q1 2026 results this morning that acted as a masterclass in operational discipline, meeting Wall Street expectations with an EPS of $0.30 on revenue of $2.2 billion. Despite a fragmented macro backdrop for U.S. manufacturing, our analysis of Fastenal’s “Onsite” and FMI technology deployment, tracked via Bloomberg Terminal industrial data, shows that…
VinFast Overview VinFast Auto Ltd. (NASDAQ: VFS) is an electric vehicle (EV) manufacturer based in Vietnam and a subsidiary of Vingroup, the country’s largest conglomerate. Founded in 2017, the company has grown rapidly, focusing on producing electric cars, scooters, and buses with ambitions to become a global EV player. VinFast entered the U.S. market in…