Max Nisen is a Bloomberg Gadfly columnist covering biotech, pharma and health care. He previously wrote about management and corporate strategy for Quartz and Business Insider.

Good morning! This is Fly Charts, the daily charts-only newsletter from Gadfly; sign up here. From Roku's out-of-the-box revenue growth to Procter & Gamble's Peltz problem, here are four charts that tell you what you need to know in business today. 

More Than Hardware
Roku is doing what other hardware companies only dream of -- it's generating half of its revenue from something other than selling streaming TV boxes.
Source: Roku IPO filing
Falling Short
P&G may not exactly appreciate Nelson Peltz's prodding but it's hard for the company to argue it doesn't have room for improvement.
Source: Trian white paper
Breaching $1.20
The strong euro continues to badly mess up Mario Draghi's monetary policy plans.
Source: Bloomberg
Excess Yield
The once-reliable Fed model looks like it has entirely lost its predictive power.
Source: Bloomberg

And don't miss Marcus Ashworth on the lessons of Tajikistan's bond-market foray: "That this debt deal is even feasible, for what is not even a frontier country credit, is a clear illustration of the risks now acceptable to emerging market investors -- the yields that investors might clinch with this one aren't too far off from what's been seen in recent deals. This is a sign more of the frothiness of the credit markets than the relative merits of Tajikistan." 

This column does not necessarily reflect the opinion of Bloomberg LP and its owners.

To contact the author of this story:
Max Nisen in New York at

To contact the editor responsible for this story:
Mark Gongloff at