Market Beat | Episode # 5

Market Beat | Episode # 5

In this episode of Market Beat by Argus Research, host Caroline Wygal highlights new additions to the Argus Focus List, including Applied Materials, Lyft, Maplebear (Instacart), and Nvidia, all rated Buy and tied to themes like AI, mobility, and consumer technology. On the market front, SpaceX continues its strong IPO momentum, Roku falls on the Fox acquisition news, and airlines rally on optimism around a U.S. and Iran peace plan. Caroline also previews a key week for the Federal Reserve as new Chair Kevin Warsh prepares for his first rate meeting, alongside a light economic calendar led by May Retail Sales. Quick takes include a Buy reiteration on Oracle, a strong turnaround at Cracker Barrel, and a downgrade of Eversource to Hold. The Deeper Dive focuses on the rationale behind the latest Focus List additions and the key growth drivers behind each stock. For full research and information about subscriptions, please visit argusresearch.com.

Market Beat | Episode #4

In episode 4 of Market Beat by Argus Research, host Caroline Wygal covers a double dose of inflation data: after yesterday's hot CPI print, this morning's Producer Price Index came in at a 6.5% annual rate, up sharply from 5.7% in April, adding more pressure on the Fed. Oracle disappoints after the bell, while Intel surges on an analyst upgrade and corporate travel company Navan rises on strong guidance. Quick takes cover a price target raise on Royal Bank of Canada, a buying opportunity in AutoZone despite recent weakness, and a HOLD on Union Pacific following its landmark merger agreement with Norfolk Southern. The Deeper Dive breaks down gold prices, from their century high of $5,500 in January to where they stand today, and what geopolitics, the dollar, and Fed rate expectations mean for the outlook. Argus's 2026 forecast range is $4,000 to $6,000. For full research and information about Argus subscriptions, visit argusresearch.com.

Market Beat | Episode #3

In episode 3 of Market Beat by Argus Research, host Caroline Wygal leads with the big inflation news: May's headline CPI came in at 4.2%, up from 3.8%, moving further from the Fed's 2% target. On the movers side, Cracker Barrel surges on strong earnings, lifting restaurant peers including CAVA, Cheesecake Factory, and Chipotle, while Chewy slides despite a modest earnings beat. Oracle reports after the bell. The SpaceX IPO is still on track for Friday, and OpenAI has now filed its own IPO paperwork. Quick takes cover Apple's continued innovation with Siri AI, a price target raise on Sun Life Financial, and another target raise on Devon Energy as the energy sector is up 27% year-to-date. The Deeper Dive is a full breakdown of SpaceX ahead of its Friday debut, covering its three business lines (Space, Starlink connectivity, and AI), its competitive advantages, valuation at roughly 90 times sales, and how it stacks up against other landmark IPOs like Microsoft, Amazon, and Meta. For full research and information about subscriptions, please visit www. argusresearch.com.

Market Beat | Episode #2

In episode 2 of Market Beat by Argus Research, host Caroline Wygal covers the week's biggest story: the anticipated SpaceX IPO, expected to be the largest in history, with a projected valuation around $1.75 trillion and an unusually large retail investor allocation. Caroline breaks down whether SPCX is likely to be a good value on day one (probably not) versus a longer-term investment, drawing comparisons to Microsoft, Amazon, and Meta. On the movers side: Applied Digital is up on a new 15-year computing lease, Vail Resorts slides on weak guidance, and Nuvalent surges on a buyout announcement from GSK. Quick takes cover United Rentals, GSK, and a downgrade on Prudential Financial. The Deeper Dive features Argus Chief Economist Chris Graja's economic call of the week, focused on jobless claims and what rising initial filings could mean for the labor market. For full research and information about subscriptions, please visit argusresearch.com.

Market Beat | Episode #1

Welcome to the very first episode of Market Beat by Argus Research. Host Caroline Wygal kicks things off with today's headline: Chips Rebound. Marvell is set to join the S&P 500 with shares up 13%, and fellow chip stocks including Nvidia, Intel, and AMD are bouncing back after Friday's selloff. Caroline also covers what's on Wall Street's radar this week, from fresh inflation data to big-name earnings from Oracle, Adobe, and Lennar, plus the highly anticipated SpaceX IPO. Quick takes on MAR, CRWD, and LYFT round out the market recap, and the Deeper Dive spotlights Argus's top 10 consumer stocks harnessing AI to drive profits, including WMT, AMZN, ULTA, and CART. For full research and price targets, please visit www.argusresearch.com