Analyst news

• European shares pull back from two-week high

  18-02-2016 18:46 via rocketnews.com
  By Atul Prakash and Alistair SmoutLONDON (Reuters) – European equities fell back after climbing to a two-week high on Thursday, as support from gains in tech shares was counteracted by a decline in commodity related stocks in the energy and mining sectors. The pan-European FTSEurofirst 300 index was 0.1 percent lower at 1,293.92 points by the close, having touched 1,304.97 points earlier in the session – its highest level since Feb. 4.It had ended 2.7 percent stronger on Wednesday fo
  
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• Snap Shares Jump as Advertising Growth Lifts Quarterly Results

  05-08-2026 23:02 via rocketnews.com
  
  Snap reported second-quarter financial results that exceeded Wall Street projections, with shares rising more than 8% in pre-market trading. The Santa Monica-based company generated revenue of $1.60 billion, surpassing analyst estimates of approximately $1.54 billion. The company also posted a quarterly loss of $0.10 per share, representing an improvement from the equivalent quarter in the prior year.
  Advertising revenue, the company’s primary revenue driver, climbed 9% year over year to
  
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• Qnity Electronics Shares Jump After Earnings Beat and Higher Full-Year Forecast

  05-08-2026 23:02 via rocketnews.com
  
  Qnity Electronics reported second-quarter results that substantially exceeded Wall Street projections, prompting the company to elevate its financial guidance for the remainder of 2026. The stock rose 10.4% following the announcement.
  The company posted adjusted earnings per share of $1.19 for the quarter, significantly outpacing the analyst consensus estimate of $0.65. Quarterly revenue climbed 22% compared to the prior year, reaching $1.4 billion from $1.17 billion. The Semiconductor Technolo
  
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• Kosmos Energy Ltd. Q2 2026 Earnings Call Summary

  05-08-2026 23:02 via rocketnews.com
  
  Kosmos Energy attributed its strong first-half operational performance to an 18% increase in production on a year-over-year basis, with growth principally driven by the Jubilee ramp-up in Ghana and steady performance at GTA. The company undertook structural cost management initiatives, including the exit from high-cost production in Equatorial Guinea and the repurchase of the TEN FPSO, with a stated target of achieving a 35% reduction in operating expenses per barrel during 2026.
  The Jubilee fi
  
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• Hut 8 misses estimates as revenue reaches $74.9 million: Q2 Earnings

  05-08-2026 23:02 via rocketnews.com
  
  Hut 8, a Bitcoin miner transitioning to AI infrastructure services, released second-quarter earnings results on Tuesday. Revenue climbed to $74.9 million from $41.3 million in the comparable prior-year period, representing 81.4% growth. However, the result fell short of consensus expectations by approximately $1.9 million, or 2.4%, as analysts had anticipated $76.8 million in quarterly revenue.
  Earnings performance disappointed on a per-share basis. The company reported a GAAP loss of $1.27 per
  
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• Big Tech’s Anthropic and OpenAI stakes are distorting the corporate earnings picture

  05-08-2026 23:02 via rocketnews.com
  
  Major technology firms including Microsoft, Amazon, and Alphabet recorded substantial increases in quarterly earnings that were substantially driven by appreciation in their stakes in artificial intelligence companies, according to market analysis.
  Amazon, Microsoft, and Alphabet each hold significant investments in privately-held AI firms that have experienced rapid valuation growth. Amazon committed $50 billion to OpenAI in late February and maintains an early investor position in Anthropic.
  
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• Ball Corporation Beats Second-Quarter Expectations as Packaging Volumes Increase

  05-08-2026 23:02 via rocketnews.com
  
  Ball Corporation announced second-quarter results that outpaced analyst projections, driven by increased demand for its aluminum packaging products across global markets. The company posted adjusted earnings per share of $1.03, exceeding the consensus estimate of $0.99, while revenues climbed to $3.99 billion compared to forecasts of $3.68 billion and prior-year revenues of $3.34 billion, representing year-over-year growth of 20%.
  Operational metrics demonstrated broad-based strength across the
  
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• Uber stock sinks 5% after weak guidance despite revenue growth

  05-08-2026 23:01 via rocketnews.com
  
  Uber reported second-quarter results that produced mixed market reactions, with the company’s stock falling after the announcement. Revenue climbed 12% to reach growth, while net income rose to $2.39 billion compared to $1.35 billion in the prior year period. Earnings per share came in at $1.17 versus 63 cents annually.
  The ride-hailing and delivery services provider generated $7.36 billion in mobility revenue during the quarter, while its delivery segment contributed $5.25 billion. Mobil
  
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• SpaceX’s AI spending unnerves Wall Street despite promises of quick payoff

  05-08-2026 23:01 via rocketnews.com
  
  SpaceX’s stock declined following its first earnings report since its June initial public offering, as the company’s substantial capital expenditure on artificial intelligence operations alarmed Wall Street despite assurances from management that investments would generate returns within a year.
  Revenue for the second quarter increased 92% compared to the prior year period, surpassing estimates. However, capital expenditures jumped more than sixfold to $18.4 billion, representing mo
  
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• CVS blows past estimates, hikes guidance as insurance unit continues to improve

  05-08-2026 23:01 via rocketnews.com
  
  CVS Health reported strong second-quarter results that exceeded Wall Street expectations across all three of its business segments, prompting the company to increase its full-year financial guidance on Wednesday. The healthcare company now projects adjusted profit between $7.90 and $8.10 per share for 2026, up from prior guidance of $7.30 to $7.50 per share. Revenue expectations were also raised to at least $414 billion from the previous outlook of at least $405 billion.
  Despite the robust earn
  
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• Caterpillar lifts 2026 sales growth forecast as AI buildout powers on

  05-08-2026 23:01 via rocketnews.com
  
  Caterpillar increased its full-year revenue growth forecast following better-than-expected second-quarter earnings results, as the company benefited from accelerating demand tied to AI infrastructure expansion. The heavy equipment manufacturer also trimmed its annual tariff costs projection to approximately $2.2 billion, down from a previous range of $2.2 billion to $2.6 billion. Share prices climbed in premarket trading, with the stock rising 11% on the announcement, while Dow futures gained 0
  
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• SpaceX dives 12% after AI spending surge rattles investors

  05-08-2026 13:01 via rocketnews.com
  
  SpaceX experienced a significant stock decline following the release of its first earnings report as a public company. The shares fell 12% in premarket trading on Wednesday, a day after closing below the company’s initial public offering price of $135.
  The primary driver of investor concern was a substantial increase in capital expenditures during the second quarter. The company reported capex jumped sixfold to $18.4 billion, with the majority directed toward artificial intelligence initi
  
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• Oil prices rebound after Houthis say they attacked Saudi tanker

  05-08-2026 13:01 via rocketnews.com
  
  Oil futures experienced an upward move on Wednesday following reports that Yemen’s Iran-aligned Houthi forces had launched a missile strike against a Saudi-operated tanker near Yanbu, a critical export hub for Saudi crude. Brent crude futures increased by $1.51, or 1.9%, reaching $80.87 per barrel, while U.S. West Texas Intermediate futures climbed 90 cents, or 1.19%, to $76.67.
  The attack announcement reversed momentum from the previous trading session, when reports of diplomatic progres
  
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• Novo Nordisk CEO defends economics of Wegovy pill as lower prices weigh on sales; shares fall

  05-08-2026 13:01 via rocketnews.com
  
  Novo Nordisk reported adjusted sales and operating profit that exceeded expectations and raised its full-year guidance, though investor sentiment turned negative following the announcement. CEO Mike Doustdar emphasized that the company’s pill formulation of Wegovy was performing well and driving profitable growth, noting that the strategy would not be producing positive financial results if the oral medication were not succeeding.
  The company reported adjusted sales rose 7% at constant ex
  
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• Kenya’s stock exchange plans East Africa’s first AI-focused ETF

  05-08-2026 13:01 via rocketnews.com
  
  The Nairobi Securities Exchange announced plans to introduce East Africa’s first exchange-traded fund focused on artificial intelligence stocks, with the product expected to become available to investors before year-end. The exchange’s CEO stated the fund would offer investors exposure to companies with direct involvement in AI development and implementation, potentially using firms like Microsoft, Anthropic, and OpenAI as reference points for the underlying asset basket.
  The NSE cu
  
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• Eli Lilly easily tops quarterly estimates, raises outlook as Zepbound and Mounjaro sales surge

  05-08-2026 13:01 via rocketnews.com
  
  Eli Lilly reported second-quarter financial results that exceeded Wall Street expectations, prompting the company to increase its outlook for the full year. The pharmaceutical manufacturer now anticipates 2026 revenue between $85 billion and $87 billion, up from prior guidance of $82 billion to $85 billion. Full-year adjusted profit guidance was set at $35.50 to $36.50 per share, compared with the previous range of $35.50 to $37 per share. The company noted that underlying profit guidance incre
  
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• Disney tops earnings estimates as parks and streaming offer a boost

  05-08-2026 13:01 via rocketnews.com
  
  Disney released its fiscal third quarter results, exceeding Wall Street expectations for earnings while narrowly missing revenue projections. The company’s experiences segment, encompassing global theme parks and cruises, generated $9.97 billion in revenue, representing a 10% year-over-year increase. Domestic park attendance rose 3% with a 4% gain in per capita spending, and Walt Disney World in Orlando demonstrated particularly strong performance.
  The company’s entertainment stream
  
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• CVS raises annual profit forecast on improved drug revenues

  05-08-2026 13:01 via rocketnews.com
  
  CVS Health increased its annual profit guidance following better-than-expected second-quarter results driven by an improved pharmaceutical mix and bonus payments from highly-rated government health insurance plans. The company adjusted its 2026 adjusted profit per share forecast to a range of $7.90 to $8.10, up from prior guidance of $7.30 to $7.50. Wall Street analysts had been expecting full-year earnings per share of $7.45.
  The pharmacy and insurance operator posted adjusted second-quarter p
  
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• AMD plummets 8% in premarket trading despite beating expectations

  05-08-2026 13:01 via rocketnews.com
  
  AMD’s stock experienced a significant decline in premarket trading on Wednesday following the release of its second-quarter financial results. While the company’s earnings topped analyst expectations, investors reacted negatively to the news, with shares dropping 8.7% in premarket activity.
  The semiconductor manufacturer reported quarterly revenue of $11.54 billion, surpassing the consensus estimate of $11.28 billion. Revenue growth reached 50% compared to the prior year, driven sub
  
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• Tariff refund drives Q2 profit at Delta Galil

  05-08-2026 13:00 via rocketnews.com
  
  Delta Galil, a manufacturer of intimate apparel, underwear, loungewear, activewear, sleepwear, shapewear and socks, reported second-quarter financial results showing substantial year-over-year growth. The company supplies products to major retail and brand partners including Nike, Victoria’s Secret, Lululemon, Skims, and Walmart.
  Revenue for the period reached $511.6m, representing a 9% increase from $470.1m in the same quarter a year prior. Gross profit expanded by 26%, while earnings be
  
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• EuroStoxx 50 Hits New Highs on Earnings Strength. Forecast as of 05.08.2026

  05-08-2026 12:48 via litefinance.org
  
  Thanks to its relative resilience to AI risks, improving economic conditions, favorable geopolitical developments, and strong corporate earnings, the EuroStoxx 50 has been reaching new record highs for several consecutive days. Let's analyze the current situation and develop a trading plan.Major Takeaways Earnings surprises are supporting the EuroStoxx 50 rally. Geopolitical developments are also favoring European markets. The ECB may keep interest rates unchanged throughout 2026. Long trades on
  
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• Short-Term Analysis for Oil, Gold, and EURUSD for 05.08.2026

  05-08-2026 09:41 via litefinance.org
  
  Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders.The euro continues to trade in the short-term uptrend.Major TakeawaysUSCrude: Oil prices continued to decline, piercing the Gold Zone of 76.24–76.63. XAUUSD: Gold has entered a short-term uptrend. EURUSD: The euro is poised to hit a fresh we
  
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• Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 05.08.2026

  05-08-2026 09:33 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 decline in the fifth part of an impulse. Consider short positions with a Take Profit at 57,662.00. XRPUSD: The price is declining in the final impulse wave of the zigzag pattern. Consider short positions with a Take Profit at 0.999. ETHUSD: The price is moving lower in a bearish impulse wave. Short positions can be considered w
  
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• US Dollar Under Pressure As Markets Embrace Warsh's Dovish Stance. Forecast as of 05.08.2026

  05-08-2026 08:23 via litefinance.org
  
  The markets appear to have figured out Kevin Warsh. Investors increasingly believe he sees little need to raise interest rates, regardless of whether Treasury yields rise or fall. That dovish perception is weighing on the US dollar. Let's examine the outlook and develop a trading plan for the EUR/USD pair.Major Takeaways De-escalation sent the US dollar tumbling. Brent fell below $80 per barrel. Kevin Warsh is not a hawk. Strategies targeting a return of the EUR/USD to the 1.1500–1.1565 ra
  
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• Weekly Economic Calendar for 10.08.2026–16.08.2026

  05-08-2026 02:00 via litefinance.org
  
  The outcome of the Fed's July meeting, Chair Warsh's cautious remarks at the press conference, and the mixed July US labor market report have left investors searching for fresh signals. Market participants are awaiting new macroeconomic data to better assess the outlook for the Federal Reserve's monetary policy—and, consequently, the direction of the US dollar and major financial assets.The key release this week will be the US consumer price index report on Wednesday, which could provide i
  
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• Thai Union ups forecasts after “strong” Q2

  04-08-2026 23:02 via rocketnews.com
  
  Thai Union, a major seafood company operating brands including King Oscar and John West, announced revised guidance for its financial performance later this year. The company increased its projected sales growth to a range of 4-6%, up from an earlier estimate of 3-4% expansion. Additionally, the company raised its forecast for gross margin performance, now expecting a range of 19.5% to 20.5% compared with its previous projection of 19-20%.
  The company’s second-quarter results provided the
  
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• Loews Reports Higher Second-Quarter Profit as Revenue Continues to Grow

  04-08-2026 23:02 via rocketnews.com
  
  Loews Corporation announced higher second-quarter earnings driven by stronger performance across its major operating divisions. The diversified holding company recorded net income of $444 million, or $2.16 per share, compared with $391 million, or $1.87 per share, in the corresponding quarter of the prior year. Quarterly revenue climbed to $4.73 billion from $4.56 billion a year earlier, reflecting across-the-board improvement in operating performance.
  CNA Financial, Loews’ largest subsid
  
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• Easterly Government Properties Tops Second-Quarter Forecasts and Lifts Full-Year Outlook

  04-08-2026 23:02 via rocketnews.com
  
  Easterly Government Properties Inc. reported second-quarter results that surpassed analyst forecasts, leading the real estate investment trust to increase its full-year outlook. The company posted adjusted earnings of $0.78 per share, with revenue reaching $92.42 million compared to the consensus estimate of $90.94 million. This represented a 9.7% increase from the prior-year quarter’s $84.23 million in revenue.
  Core funds from operations totaled $37.4 million, or $0.78 per diluted share,
  
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• Wheat Starting August with Slight Losses

  04-08-2026 23:01 via rocketnews.com
  
  Wheat futures opened the month of August with slight declines, with front-month contracts registering losses of 1 to 4 cents during early trading on Monday. The wheat complex had experienced broader losses heading into the weekend, with declines posted across all three major exchanges.
  Chicago SRW wheat contracts closed down 18 ¼ to 24 ¼ cents, though September contracts remained 50 cents higher on the month despite falling 38 ¾ cents during the week. Open interest rose 6,7
  
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• Wayfair stock jumps 30% as retailer posts strongest U.S. growth since 2020

  04-08-2026 23:01 via rocketnews.com
  
  Wayfair reported robust second-quarter results that exceeded Wall Street expectations, driving its stock price up approximately 30%. U.S. sales, the company’s largest market, grew 8.7% to $3.1 billion, marking the strongest performance in that region since 2020. The online furniture retailer also generated $301 million in free cash flow during the quarter, representing its best quarterly result on that metric since the pandemic period.
  The company’s overall revenue increased 7.5% to
  
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