Steel

196.83, knocking on 200 now

Not sure about this one. Platinum prices have been weak, and IMP's all-in sustaining costs are still pretty high relative to where palladium is trading. Do you think the rand weakness helps them enough to offset lower volumes, or are they just treading water until metal prices recover?

@k_maphosa ja, the beef drag is real. Oceana's cleaner.

@easystreet_jse ja, cloud segment is the real story here

algos hammering it on low volume again

11.23 now, that's rough.

264.89, nice push today

Do you think the insurance side can actually grow earnings when we're looking at persistently low interest rates cutting into the investment returns that usually prop up the margins. Not sure about this one at 41.45, the life insurance model feels pressured right now.

Not sure about this, where's the volume coming from?

Halving cycle coming up. Do you think miners dumping affects the bounce?

Come on GLN, break through!

Search and YouTube ads still printing money, but where does the margin expansion actually come from if competition keeps biting at both? Could be wrong but feels like the stock's pricing in a lot of AI upside that hasn't shown up in the numbers yet.

Services business keeps printing money but hardware sales are flattening, yeah? At 308.91 we're pricing in a lot of growth that just isn't there in the numbers. Do you think the margin profile holds if iPhone volumes keep sliding.

Services revenue keeps growing but iPhone sales are basically flat year on year, right? At 308.91 we're pricing in a lot of optimism on wearables and the AI story, but where's the actual volume coming from if the core product isn't moving.

Do you think China restrictions are already baked into guidance, or could we see another leg down once capex cycles actually slow? Lam's been riding the AI wave but their customers are still loaded with inventory from last year.

Optum's revenue growth keeps carrying them but do you think investors are pricing in enough risk if insurance margins compress further. UnitedHealthcare had decent numbers last quarter but that's where the real money comes from and it's gotten tighter.

Do you think the ad tier margins actually hold once they scale it to 40m subs, or does content licensing get more expensive the bigger you get? Disney's been stuck trying to make this work for years at 71.71 netflix feels like people are betting on execution netflix hasn't proven yet.

Optum margins are solid but I keep coming back to the insurance side. UnitedHealthcare's medical loss ratio ticked up last quarter and premiums aren't keeping pace with claims the way they used to. Do you think that gap closes or does Optum just have to subsidize it for the next couple years?

CVX sitting at 196.83 and everyone's focused on the 200 level, but what's the actual cash generation looking like versus debt servicing costs? Integrated oils have had a solid run on the macro tailwinds, but refineries aren't printing money like they were two years ago. Do you think the dividend holds if oil stays in the 70s range.

Cost per ounce keeps rising, though. Where's the margin?