• Elon Musk told Donald Trump what to do about the Paris Climate Agreement

    Elon Musk told Donald Trump what to do about the Paris Climate Agreement
    The Trump administration may finally be nearing a decision on whether to stay in the Paris Climate Agreement.  Now we know that visionary businessman Elon Musk, who founded SpaceX, Tesla, and a new, mysterious tunnel-building firm called the Boring Company, is talking to President Donald Trump about what to do regarding this agreement.   Given his role in alternative energy, it's no surprise that Musk is in favor of the 2016 treaty. SEE ALSO: Elon Musk's Boring Company isn't waiting an
  • SpaceX Stock Has Gone Nowhere Since Its First Day of Trading

    SpaceX Stock Has Gone Nowhere Since Its First Day of Trading
    SpaceX stock has remained largely flat since its debut as a public company on June 12, closing at $160.95 on its first trading day and finishing Friday at $152.71, a decline of roughly 5%. The performance masks significant volatility during the interim period, with shares reaching a high of $211.39 in their third session before declining to near $108 in early August and subsequently recovering through September.
    Three primary factors appear to be constraining stock appreciation despite strong o
  • Interactive Brokers (IBKR) Turns Every Revenue Dollar Into 77 Cents of Pretax Profit

    Interactive Brokers (IBKR) Turns Every Revenue Dollar Into 77 Cents of Pretax Profit
    Interactive Brokers Group disclosed quarterly results for the period ended June 30, posting diluted earnings per share of $0.69, an increase from $0.51 in the comparable prior-year quarter. Net revenues climbed to $1.90 billion from $1.48 billion, while the company’s pretax profit margin expanded to 77% compared with 75% a year earlier.
    Customer metrics showed broad expansion across the platform. Customer accounts grew 34% to 5.19 million, while customer equity increased 40% to $930.3 bil
  • Infosys (INFY) Lands a Brake Maker as Growth Stays in Low Gear

    Infosys (INFY) Lands a Brake Maker as Growth Stays in Low Gear
    Infosys announced on August 18 that it had won a long-term engagement to manage enterprise software operations for Knorr-Bremse AG, a manufacturer of braking systems for rail and commercial vehicles. The contract encompasses ERP systems, data platforms, engineering tools, and product lifecycle management, with work built on Infosys Topaz, the company’s artificial intelligence platform.
    Results released on July 23 for the quarter ended June 30 revealed that AI contributed 8.2% of total rev
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  • Ferguson (FERG) Keeps Beating a Housing Market That Refuses to Cooperate

    Ferguson (FERG) Keeps Beating a Housing Market That Refuses to Cooperate
    Ferguson Enterprises Inc. released results for the quarter ended June 30, showing revenue growth of 4.6% to $8.8 billion alongside an upward revision to full-year guidance. However, profit expansion failed to keep pace with sales gains, raising questions about operational efficiency and margin sustainability moving forward.
    The company’s non-residential segment emerged as the primary growth driver, with US revenue climbing 8% as the distributor captured market share in a mixed competitive
  • Equinix Sees AI Driving Data Center Demand, Interconnection Growth

    Equinix Sees AI Driving Data Center Demand, Interconnection Growth
    Equinix executives outlined how artificial intelligence is reshaping the company’s business during a Barclays conference discussion. Arquelle Shaw, President of the Americas, described a significant shift in enterprise customer behavior, noting that companies which were previously cautious about AI adoption have moved toward developing and implementing comprehensive AI strategies. This transition has increased demand for data center capacity, with deployments expanding from smaller arrang
  • CoreWeave (CRWV) Is Charging More for AI Compute, and Customers Keep Paying

    CoreWeave (CRWV) Is Charging More for AI Compute, and Customers Keep Paying
    CoreWeave announced on September 17 that it has secured new customer agreements at elevated pricing levels since June 30. The company’s third-quarter contracts, which typically run between three and six months, are generating approximately $40 million in annualized revenue per megawatt of capacity. This pricing structure demonstrates significant customer demand for the company’s AI infrastructure services.
    The strength in customer demand is reflected in CoreWeave’s expanding b
  • Is India’s secondaries market hitting an inflection point?

    Is India’s secondaries market hitting an inflection point?
    India’s secondaries investment market is entering a period of significant growth after years of being considered an immature asset class. Several established Asian mid-market investment firms, including TR Capital, Neo Asset Management, and Kenro Capital, have recently expanded their secondaries operations into India or launched dedicated secondary investment vehicles focused on the country.
    Multiple factors are supporting this expansion. The Indian IPO market has strengthened considerabl
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  • SEI’s Record Revenue, Earnings Fuel Future Growth, Rising Shares

    SEI’s Record Revenue, Earnings Fuel Future Growth, Rising Shares
    SEI Corporation, a provider of investment processing and management platforms for financial institutions and investors, released second-quarter fiscal 2026 results that exceeded prior performance metrics across multiple measures. The company generated revenue of $641.6 million, representing a 14.7% increase from the comparable year-earlier period. Adjusted per-share earnings reached $1.66, marking a 38% year-over-year gain, while operating income climbed to $207 million, up 36% from the prior-y
  • Manufacturing output down in August; investments by Reckitt, Hitachi

    Manufacturing output down in August; investments by Reckitt, Hitachi
    U.S. industrial production remained flat month over month in August, with manufacturing output contracting 0.3% following a seven-month growth streak, according to the Federal Reserve. Durable goods manufacturing saw a 0.5% decline, while nondurable manufacturing remained unchanged. Capacity utilization held steady at 76.3%, sitting 3.1 percentage points below its historical average from 1972–2025.
    Metalworking machinery orders topped $500 million in July for the fifth consecutive month,
  • China’s Fuel Exports Surge as Global Diesel Shortage Deepens

    China’s Fuel Exports Surge as Global Diesel Shortage Deepens
    China’s refined fuel exports reached 6.01 million tons in August, representing a 12.7% increase from the same month the prior year, according to customs data. The August shipments exceeded pre-war levels, with jet fuel exports hitting record highs. However, the cumulative total for the first eight months of the year declined 9.6% compared to the equivalent period in 2025, reflecting the impact of export restrictions imposed earlier.
    The Chinese government implemented an almost complete ba
  • AMD Up 155% YTD on Record Revenue, AI Demand

    AMD Up 155% YTD on Record Revenue, AI Demand
    AMD released financial results for its second quarter of fiscal 2026 demonstrating substantial growth across multiple metrics. The chipmaker reported record revenue of $11.5 billion, representing a 50% increase compared to the same period the previous year. Data center revenue, a key segment benefiting from artificial intelligence infrastructure demand, more than doubled to $6.7 billion. Earnings per share reached $1.66, reflecting an 82% year-over-year increase. Management provided forward gui
  • Falling Bitcoin Prices Drag Down Products and Mining Revenue for Canaan (CAN)

    Falling Bitcoin Prices Drag Down Products and Mining Revenue for Canaan (CAN)
    Canaan Inc. released its second quarter fiscal 2026 results on September 8, revealing significant operational challenges across its computing and energy infrastructure business. The company generated total revenue of $31.9 million during the quarter, representing a substantial decline from $100.2 million in the corresponding period of the prior fiscal year and $62.7 million in the first quarter of 2026.
    The company reported a net loss of $97.6 million for the quarter, a marked deterioration fro
  • Earnings Drag and Geopolitical Headwinds Weigh on Lockheed Martin’s (LMT) Performance

    Earnings Drag and Geopolitical Headwinds Weigh on Lockheed Martin’s (LMT) Performance
    Conventum – Alluvium Global Fund released its second-quarter 2026 investor letter, which highlighted challenges facing the broader market despite an overall equity rally led by semiconductor companies. The fund itself posted mixed results, declining 1.4% in EUR terms, 2.2% in USD terms, and 3.9% in AUD terms during the period. While certain holdings such as Alphabet benefited from strong cloud growth, and others including Robert Half and H&R Block posted solid gains, cable businesses
  • Dollarama raises fiscal 2027 guidance after Q2 sales growth

    Dollarama raises fiscal 2027 guidance after Q2 sales growth
    Dollarama increased its fiscal 2027 guidance for Canadian operations following stronger-than-expected second-quarter results. The retailer reported sales of C$2.02bn for the period ended 2 August 2026, representing a 17.6% increase compared to the same quarter in the prior year. The sales growth reflected a full quarter of operations in Australia, which had only contributed 13 days of results in the prior year following the acquisition of The Reject Shop Limited.
    Canadian comparable store sales
  • What Are Bollinger Bands and How Do They Work?

    What Are Bollinger Bands and How Do They Work?
    Bollinger Bands are among the most popular tools in technical analysis. Developed by John Bollinger in the 1980s, the indicator is widely used to assess market volatility and identify potential reversal points. Bollinger Bands can help traders evaluate current market conditions and analyze price dynamics.In this article, we'll take a detailed look at how the Bollinger Bands indicator works, explore its key settings, and examine the main trading strategies that use Bollinger Bands in financial ma
  • XAU/USD: Elliott Wave Analysis and Forecast for 18.09.26–25.09.26

    XAU/USD: Elliott Wave Analysis and Forecast for 18.09.26–25.09.26
    Major Takeaways Main scenario: Consider long positions from corrections above 4,233.40 with a target of 4,900.00–5,610.00. A buy signal: the price holds above 4,233.40. Stop Loss: below 4,165.00, Take Profit: 4,900.00–5,610.00. Alternative scenario: Breakout and consolidation below 4,233.40 will allow the asset to continue declining to the levels of 3,954.50–3,720.00. A sell signal: the level of 4,233.40 is broken to the downside. Stop Loss: above 4,300.00, Take Profit: 3,954.5
  • WTI Crude Oil: Elliott Wave Analysis and Forecast for 18.09.26–25.09.26

    WTI Crude Oil: Elliott Wave Analysis and Forecast for 18.09.26–25.09.26
    Major Takeaways Main scenario: Consider long positions from corrections above 90.60 with a target of 115.50–125.50. A buy signal: the price holds above 90.60. Stop Loss: below 89.10, Take Profit: 115.50–125.50. Alternative scenario: Breakout and consolidation below 90.60 will allow the asset to continue declining to the levels of 79.30–67.00. A sell signal: the level of 90.60 is broken to the downside. Stop Loss: above 92.10, Take Profit: 79.30–67.00.Main ScenarioConsider
  • Union Pacific Sees Broad Volume Growth as Fuel Costs Threaten Operating Ratio

    Union Pacific Sees Broad Volume Growth as Fuel Costs Threaten Operating Ratio
    Union Pacific Corporation disclosed significant volume expansion across its freight operations during the current quarter, with carloads increasing approximately 5% and industrial volume climbing 5.2% on a month-to-date basis. The railroad maintained stable service metrics, reporting car velocity in the mid-230s range and terminal dwell times remaining below 20 hours, indicating the network successfully processed higher freight volumes without service degradation.
    Growth was driven by strength
  • This High-Yield Tech Stock Just Raised Its Dividend by Nearly 8%

    This High-Yield Tech Stock Just Raised Its Dividend by Nearly 8%
    Logitech International held its Annual General Meeting where shareholders approved a fiscal 2026 cash dividend of CHF 1.36 per share, equivalent to roughly $1.67. This represents an increase of approximately 8% from the previous dividend of CHF 1.26 per share. The dividend is payable on Sept. 23, 2026, to shareholders of record on Sept. 22, 2026.
    The dividend increase reflects broader market trends toward higher shareholder payouts. According to Capital Group data, U.S. companies distributed $1
  • Forgent (FPS) Powers 11% Higher on Swing to Profits, Upbeat Outlook

    Forgent (FPS) Powers 11% Higher on Swing to Profits, Upbeat Outlook
    Forgent Power Solutions (NYSE:FPS) experienced a significant rally on Wednesday, gaining 11.10% to close at $34.84 per share, extending gains from the previous trading day. The advance followed the company’s announcement of a return to profitability in the fourth quarter of fiscal year 2026, alongside substantially improved financial performance across multiple metrics.
    The company reported net income of $66.09 million for the fourth quarter, a marked reversal from a net loss of $4.76 mil
  • Fed Raises Interest Rates for First Time in Three Years as Diesel, Gas Prices Surge

    Fed Raises Interest Rates for First Time in Three Years as Diesel, Gas Prices Surge
    The Federal Reserve’s monetary policy committee voted unanimously to raise the benchmark federal funds rate by a quarter-point on Wednesday, moving the rate to a range of 3.75% to 4%. This marked the first rate increase since 2023, representing a shift from expectations just one week prior when market participants assigned only a 60% probability to such a hike, based on the CME’s FedWatch tool.
    Fed Chair Kevin Warsh attributed the decision primarily to elevated inflation levels that
  • Bank of America expects third-quarter investment banking fees to fall more than 10%; shares slide

    Bank of America expects third-quarter investment banking fees to fall more than 10%; shares slide
    Bank of America disclosed a significant slowdown in its investment banking and trading operations for the third quarter, contrasting sharply with the company’s performance earlier in the year. CEO Brian Moynihan indicated at a conference that investment banking fees would likely fall by more than 10% compared to the prior-year period, while trading revenue was expected to remain essentially unchanged. This marked a notable shift from the second quarter, when the bank had posted a 50% incr
  • Aeluma Q4 Earnings Call Highlights

    Aeluma Q4 Earnings Call Highlights
    Aeluma, Inc. reported financial results for fiscal 2026 centered on its pivot toward artificial intelligence datacenter applications. The company’s total revenue remained essentially unchanged at $4.5 million compared with $4.7 million in the prior year, with the majority of sales generated from government contracts. Fourth-quarter revenue alone totaled $582,000.
    The company’s net loss expanded significantly during the period. On a GAAP basis, Aeluma recorded a loss of $9.2 million,
  • USD/JPY: Elliott Wave Analysis and Forecast for 18.09.26–25.09.26

    USD/JPY: Elliott Wave Analysis and Forecast for 18.09.26–25.09.26
    Major Takeaways Main scenario: once the correction has been completed, consider short positions below the level of 157.50 with a target of 151.76–148.92. A sell signal: the local correction ends and the price holds below 157.50. Stop Loss: above 158.10, Take Profit: 151.76–148.92. Alternative scenario: Breakout and consolidation above the level of 157.50 will allow the pair to continue rising to the levels of 160.48–163.90. A buy signal: the level of 157.50 is broken to the ups
  • GBP/USD: Elliott Wave Analysis and Forecast for 18.09.26–25.09.26

    GBP/USD: Elliott Wave Analysis and Forecast for 18.09.26–25.09.26
    Major Takeaways Main scenario: Once the correction has been completed, consider long positions above 1.3140 with a target of 1.3870–1.4140. A buy signal: the local correction ends and the price settles above 1.3140. Stop Loss: below 1.3095, Take Profit: 1.3870–1.4140. Alternative scenario: Breakout and consolidation below 1.3140 will allow the pair to continue declining to the levels of 1.2938–1.2745. A sell signal: the level of 1.3140 is broken to the downside. Stop Loss: abov
  • Gold Has Nothing to Fear. Forecast as of 18.09.2026

    Gold Has Nothing to Fear. Forecast as of 18.09.2026
    History shows that gold has often struggled at the start of Fed tightening cycles but ended them higher. As the tightening cycle progressed, much of the fear was already priced into XAU/USD. Let's discuss this topic and outline a trading plan.Major Takeaways Gold has recovered losses from the Fed rate hike. ETF demand is supporting the precious metal. Historically, Fed tightening has not prevented XAU/USD from rising. A breakout above $4,400 per ounce would be a reason to buy gold.Weekly Fundame
  • EUR/USD: Elliott Wave Analysis and Forecast for 18.09.26–25.09.26

    EUR/USD: Elliott Wave Analysis and Forecast for 18.09.26–25.09.26
    Major Takeaways Main scenario: Consider long positions from corrections above 1.1450 with a target of 1.1790–1.2088. A buy signal: the price holds above 1.1450. Stop Loss: below 1.1405, Take Profit: 1.1790–1.2088. Alternative scenario: Breakout and consolidation below 1.1450 will allow the pair to continue declining to the levels of 1.1350–1.1230. A sell signal: the level of 1.1450 is broken to the downside. Stop Loss: above 1.1495, Take Profit: 1.1350–1.1230.Main Scenari
  • USD/CHF: Elliott Wave Analysis and Forecast for 18.09.26–25.09.26

    USD/CHF: Elliott Wave Analysis and Forecast for 18.09.26–25.09.26
    Major Takeaways Main scenario: Consider long positions from corrections above 0.8171 with a target of 0.8400–0.8588. A buy signal: the local correction ends and the price settles above 0.8171. Stop Loss: below 0.8135, Take Profit: 0.8400–0.8588. Alternative scenario: Breakout and consolidation below 0.8171 will allow the pair to continue declining to the levels of 0.7950–0.7755. A sell signal: the level of 0.8171 is broken to the downside. Stop Loss: above 0.8210, Take Profit:
  • USD/CAD: Elliott Wave Analysis and Forecast for 18.09.26–25.09.26

    USD/CAD: Elliott Wave Analysis and Forecast for 18.09.26–25.09.26
    Major Takeaways Main scenario: once the correction has been completed, consider short positions below the level of 1.4050 with a target of 1.3548–1.3400. A sell signal: the local correction ends and the price holds below 1.4050. Stop Loss: above 1.4090, Take Profit: 1.3548–1.3400. Alternative scenario: Breakout and consolidation above the level of 1.4050 will allow the pair to continue rising to the levels of 1.4250–1.4417. A buy signal: the level of 1.4050 is broken to the ups

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