Baron Global Durable Advantage ETF Q3 2026 Top Contributors And Detractors

Impact · against what's priced in

The news for NVDA, META, and CME is largely neutral as their current prices already incorporate aggressive growth and operational efficiency assumptions. AppLovin faces minor negative pressure from a revenue miss that likely lowers full-year growth projections.

CME+0.20

Challenges what's priced in

The price assumes

Overall revenue growth accelerating from the current sub-6% pace to the 8.3% annual rate required by the reverse-DCF