Daily ideas
Tamboran still books no revenue, lost US$9.41 million last quarter and holds US$101.9 million of cash; its FY2026 report must show whether first Beetaloo gas lifts the going-concern doubt.
RPM International closed fiscal 2026 with $7.86 billion of sales and a flat 41.4% gross margin, yet diluted EPS fell to $5.17; the coming quarter tests whether pricing still covers raw-material cost.
Ericsson posted Q2 2026 net sales of SEK 52.7 billion at a 48.4% adjusted gross margin; the October 15 report tests whether renegotiated price increases can offset component cost inflation.
MillerKnoll ended fiscal 2026 with net sales of $3,841.7 million, up 4.7%, while orders grew just 0.4% and backlog fell to $678.8 million; the question now is whether contract orders can grow again.
Pasqal posted EUR 16.5 million of 2025 revenue against a EUR 50.5 million operating loss; its first results since listing test whether EUR 15.3 million of 2026-scheduled backlog converts.
Citizens posted a 3.16% net interest margin and $1.30 diluted EPS in Q2 2026 with capital markets fees at $153 million; Q3 results test whether contracted repricing outruns rising deposit costs.
DRDGOLD holds a 1.2 Mt/month plant at 500,000 t until its new tailings dam is ready, and Pan African ties its Soweto decision to deposition and permits.
Globant says engineer-supervised AI agents deliver software 30%+ more productively than engineers using AI, but it has not shown the gross margin effect.
The House passed the Graham Act on Sept 16, 2026, allowing 100% tariffs on Russian oil buyers. If India is named, US importers like Signet and Amneal face higher costs.
Manchester United booked £520.1m of nine-month revenue and £187.5m adjusted EBITDA yet still lost £14.3m; Q4 decides whether the finishing-position uplift is already recognized.
Trip.com first and business class bookings rose over 70% as fuel lifted fares, while Transat, lacking premium and loyalty revenue, saw adjusted EBITDA turn negative.
Nu Holdings' in-house AI credit model nuFormer helped lift unused credit limits by about $11 billion, but Nu says the gains are not yet in net income.
Travelers posted an 83.6% combined ratio and $2.2 billion of core income in Q2 2026 as commercial renewal pricing slowed to 4.8%; the Oct 16 report tests margin through hurricane season.
Barratt Redrow approved just over 3,000 plots against a 10,000-12,000 target and Kier halted new property development as UK returns fall below hurdles.
SEEK says engagement with its AI job recommendations tool Career Feed rose a further 30% last year, but it has not disclosed any revenue contribution.
Worthington grew fiscal 2026 net sales 20% to $1,381.3 million while ClarkDietrich earnings kept falling; the Q1 FY2027 question is whether that venture has troughed.
McGraw Hill says its AI Reader has logged 63 million interactions across 2.6 million users, but no revenue, renewal or pricing impact has been disclosed.
State Street grew Q2 2026 revenue 17% to $4.048 billion at a 34.3% pre-tax margin; Q3 tests whether servicing fee growth comes from new mandates or higher markets.
Aviva says AI pricing models delivered over £200 million of run-rate benefits in UK personal lines, but has not disclosed how the figure is calculated or where it lands.
Acuity's nine-month fiscal 2026 net sales rose 8.3% to $3,397.4 million, but lighting fell 1.2% while building controls rose 58.9%; the October 1 report is the first clean read on which trend holds.