CRCL Earnings Shows Appetite for Crypto, ONON Runs Higher, CE Plummets
Schwab Network · Schwab Network
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Show Notes
ON Holding (ONON) continues to muscle strength in the shoe space despite an EPS miss. Sam Vadas notes its revenue beat and momentum in China as strong spots. Circle (CRCL) also soared on the back of its first earnings since its IPO, showing the demand for crypto is holding steady. However, Sam notes a major laggard in Celanese (CE) after management warned of weakening demand.
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