🪽 Wingstop is going airborne

Good evening. The Fed decided to keep interest rates steady, sticking to its “wait and see” approach despite Trump’s demands. But not everyone was on board: 2 of the 12 voting officials actually pushed for a cut. Now let’s turn our attention to earnings and see who actually delivered.

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Market data: today’s market close

WINNERS

⬆︎26.85% Wingstop

🔔 Earnings report - The fast-growing chicken chain had a monster quarter, beating earnings expectations and growing sales nearly 14%, thanks in large part to opening 129 new restaurants. That’s their fourth quarter in a row topping 100 new locations, and management wants to make Wingstop one of the world’s top 10 restaurant brands. These wings aren’t just hot, they’re airborne. [Read more]

⬆︎18.77% Peloton

UBS just upgraded Peloton from Neutral to Buy, raising its price target from $7.50 to $11. The at-home fitness platform is cutting retail locations, tech spending, and admin costs — moves that could save over $280 million. Even with subscription price hikes that might cause some churn, UBS thinks subscriber losses will slow, especially with new product launches on the way. [Read more]

⬆︎13.42% Harley-Davidson

🔔 Earnings report - Another rough quarter for the iconic motorcycle brand, with profit missing expectations thanks to tariffs. It’s still struggling to attract younger riders who want more practical, high-tech options. But the real headline wasn’t the earnings. It was the $5 billion deal to offload a big chunk of its financing arm (HDFS) to KKR and PIMCO. The cash will help pay down debt and reward shareholders. [Read more]

⬆︎7.07% Marvell

The chip designer could have a massive payday ahead thanks to Microsoft. Analysts say Microsoft is leaning more on Marvell to develop its upcoming Maia300 AI chip, now upgraded to a more advanced 2nm design. Although that bumps production to late 2026, the payoff could be huge. Revenue estimates could hit $2.4 billion in 2026 and up to $12 billion in 2027 from this project alone. [Read more]

⬆︎2.79% Etsy

🔔 Earnings report - People still love quirky gifts. Etsy, the go-to marketplace for handmade and personalized goods, delivered better-than-expected revenue last quarter as shoppers kept hunting for unique items at affordable prices. Overall sales volume is still dropping, but not as steeply as before, which is a small but welcome sign of stability. And since 90% of Etsy’s sellers are U.S.-based, the company managed to dodge much of the tariff drama. [Read more]

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Market data: today’s market close

IN PARTNERSHIP WITH PACASO

Former Zillow exec targets $1.3T

The top companies target big markets. Like Nvidia growing ~200% in 2024 on AI’s $214B tailwind. That’s why the same VCs behind Uber and Venmo also backed Pacaso. Created by a former Zillow exec, Pacaso’s co-ownership tech transforms a $1.3 trillion market. With $110M+ in gross profit to date, Pacaso just reserved the Nasdaq ticker PCSO.

Invest for $2.90/Share

_{Paid advertisement for Pacaso’s Regulation A offering. Read the offering circular at invest.pacaso.com. Reserving a ticker symbol is not a guarantee that the company will go public. Listing on the NASDAQ is subject to approvals.}

LOSERS

⬇︎5.58% Palo Alto

Go big or go home. After reports yesterday that Palo Alto was eyeing a $20 billion deal for Israeli cybersecurity firm CyberArk, the company finally made it official. This is Palo Alto’s biggest bet yet. Some investors are wondering if growth in Palo Alto’s core business is slowing, while others may have preferred smaller, lower-risk acquisitions. [Read more]

⬇︎6.61% Mondelez

🔔 Earnings report - Not so sweet anymore. The snack maker behind Oreos actually posted strong results last quarter. But with cocoa prices going through the roof, Mondelez warned that profits could take a hit in 2025. The company raised prices to offset costs, but that led to fewer people buying snacks, especially in North America. [Read more]

⬆︎⬇︎ 1-day change
Market data: today’s market close

EXTRA

THE END

That’s it for today’s recap. We hope you found it valuable.

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