Analyst news

• Micron beats on earnings and issues strong guidance as data center revenue jumps 11-fold

  01-10-2026 23:07 via rocketnews.com
  
  Micron delivered fiscal fourth-quarter results that exceeded analyst expectations, driven by extraordinary demand for memory chips used in artificial intelligence systems. The company reported revenue of approximately $11.32 billion from the prior year, reflecting a dramatic expansion in business scale. For the fiscal first quarter, management issued guidance of about $61.5 billion in revenue and adjusted earnings per share of $38.15, surpassing LSEG consensus estimates of $57 billion in revenu
  
  Read more

• Accenture stock rallies after earnings beat expectations

  01-10-2026 23:07 via rocketnews.com
  
  Accenture’s stock experienced a significant rally following the release of its fiscal fourth-quarter financial results. The consulting firm reported earnings per share of $3.29 and revenue of $18.68 billion, figures that exceeded LSEG consensus estimates of $3.18 per share and $18.03 billion in revenue respectively. The stock surged more than 22% at its intraday peak before closing up close to 16%.
  Full-year fiscal 2026 results showed adjusted earnings of $13.97 per share, representing an
  
  Read more

• What Is Capitulation in Trading?

  01-10-2026 16:19 via litefinance.org
  
  What is capitulation in the stock market? It is a period of sharp decline when a large number of investors close their positions, fearing further losses. Widespread panic intensifies stock selling, the market falls rapidly, and investor fear reaches a peak.Market capitulation represents the final stage of a prolonged decline. Stockholders lose hope that prices will recover and close their positions, locking in significant losses. As a result, selling pressure peaks and then gradually weakens, po
  
  Read more

• Pound Sterling Faces Growing Pressure Ahead of UK Budget Announcement. Forecast as of 01.10.2026

  01-10-2026 11:52 via litefinance.org
  
  The Bank of England is often as responsive to changing economic conditions as the Federal Reserve, but the UK economy remains weaker than that of the US. At the same time, the UK currency faces additional uncertainty ahead of the Labour government’s budget announcement. Let’s examine the current market environment and develop a trading plan for the GBP/USD.Major Takeaways The strength of the US economy is limiting the GBP/USD pullback. The Bank of England is in no hurry to raise rate
  
  Read more

• Advertisement

• Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 01.10.2026

  01-10-2026 09:38 via litefinance.org
  
  Dear readers,I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on Elliott Wave analysis.Major Takeaways BTCUSD: The price continues to rise in a bullish correction (B). Consider long positions with a Take Profit at 88,096.74. XRPUSD: The asset continues to rise in impulse [C] of XX. Consider long positions with a Take Profit at 1.694. ETHUSD: The rise in the fifth part of a bullish impulse continues. Consider long positions with a Take Profit at 2,859.38.Elliott Wave An
  
  Read more

• Short-Term Analysis for Oil, Gold, and EURUSD for 01.10.2026

  01-10-2026 09:20 via litefinance.org
  
  Welcome, my fellow traders! I have prepared a price forecast for US Crude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I have identified entry signals for intraday traders.The euro has broken through the Gold Zone of 1.1375–1.1367 this week.Major Takeaways USCrude: Oil is rebounding from the Target Zone of 88.79–87.46. XAUUSD: Gold has reached its first bearish target around 4,167. EURUSD: The euro has droppe
  
  Read more

• Greenback Gains on Strong US Data and European Uncertainty. Forecast as of 01.10.2026

  01-10-2026 08:28 via litefinance.org
  
  At first glance, the sharp decline in expectations for a Fed rate hike in October should have triggered a correction in the EUR/USD pair. However, the strength of the US economy has made it difficult for the bears to regain control. Let's take a closer look at the current market situation and develop a trading plan.Major Takeaways The odds of a Fed rate hike in October have plummeted. Revised US GDP data helped the US dollar. The collapse in oil prices may not reduce Treasury yields. Short posit
  
  Read more

Follow @news_analyst on Twitter!