• Expedia chief Dara Khosrowshahi named to lead Uber: report

    Expedia chief Dara Khosrowshahi has been chosen to replace ousted Travis Kalanick as the next CEO at Uber, The New York Times reported Sunday, as the ride-hailing giant looks to move past a rough patch.Khosrowshahi emerged as the leader among three finalists for the job during company board meetings over the weekend, the Times reported, citing two people familiar with the decision.Uber spokespeople were not immediately available for comment.
  • What Is an Introducing Broker (IB) in Forex

    What Is an Introducing Broker (IB) in Forex
    An introducing broker (IB) is a partner who refers traders to a broker and earns a commission based on the trading activity of the clients they bring in. This partnership model benefits everyone. The broker gains new clients without spending extra time and money on marketing. At the same time, the IB receives a steady income from commissions, and the trader gets informational and technical support from the start of their work with the broker, as well as guidance in taking their first steps in a
  • Zscaler beats earnings expectations, issues upbeat guidance but stock falls

    Zscaler beats earnings expectations, issues upbeat guidance but stock falls
    Zscaler reported financial results that exceeded Wall Street estimates, though its share price declined on the day of announcement. The cloud security firm’s fiscal fourth-quarter revenue reached approximately $719 million, representing 25% growth compared to the prior year period. The company posted a net loss of $3.4 million, or 2 cents per share, an improvement from a net loss of $17.6 million, or 11 cents per share, in the same quarter a year earlier.
    Annual recurring revenue climbed
  • Watts Water (WTS) Hits Record Sales While Margins Quietly Slip

    Watts Water (WTS) Hits Record Sales While Margins Quietly Slip
    Watts Water Technologies reported second quarter results on August 5, posting net sales of $763 million, representing 19% growth on a reported basis and 12% organic growth compared to the prior year period. Diluted earnings per share reached $3.53, up 17% year over year, while adjusted diluted EPS climbed 18% to $3.66, marking the company’s strongest quarter by most top-line metrics.
    Data center demand emerged as the primary growth driver across all three geographic segments. The Americas
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  • Toll Brothers (TOL) Keeps Building Contracts As Profits Take A Hit

    Toll Brothers (TOL) Keeps Building Contracts As Profits Take A Hit
    Toll Brothers released fiscal third-quarter results on August 18 that revealed contrasting trends in the homebuilder’s performance. While the company generated $280.1 million in net income, or $2.97 per diluted share, this represented a decline from $369.6 million and $3.73 per share in the prior-year period. Signed contracts, however, moved in the opposite direction, reaching $2.52 billion and covering 2,508 homes, compared with $2.41 billion and 2,388 homes a year earlier.
    The company e
  • Lululemon stock plunges 20% on disappointing earnings and outlook

    Lululemon stock plunges 20% on disappointing earnings and outlook
    Lululemon stock declined sharply in premarket trading on Friday following the retailer’s announcement of disappointing second fiscal quarter results and reduced full-year outlook. The company reported revenue that declined 4% and comparable sales that fell 9% for the period, marking another challenging quarter in an ongoing stretch of weak performance.
    Interim CEO Meghan Frank attributed some of the downturn to negative social media commentary affecting customer perception, alongside slow
  • Encompass Health (EHC): This Rehab Hospital Giant Just Raised Its Own Bar Again

    Encompass Health (EHC): This Rehab Hospital Giant Just Raised Its Own Bar Again
    Encompass Health released second quarter earnings on August 5 that surpassed internal projections, prompting the company to elevate its full-year financial guidance in the same announcement. Net operating revenue expanded 9.6% to $1.597 billion, while adjusted earnings per share grew 10.7% to $1.55, demonstrating both top-line and bottom-line expansion for the leading inpatient rehabilitation hospital company.
    Patient volume metrics supported the growth narrative. The company discharged 68,895
  • Strong Cash App Momentum Drives Favorable Outlook for Block (XYZ)

    Strong Cash App Momentum Drives Favorable Outlook for Block (XYZ)
    Block Inc. demonstrated robust financial performance in the second quarter, with Cash App emerging as a primary growth engine for the company. The segment’s lending operations, particularly through Cash App Borrow, drove significant profitability expansion and shaped management’s outlook for the remainder of the year.
    The company reported second-quarter gross profit of $3.17 billion and adjusted operating income of $864 million, exceeding prior guidance. Total revenue reached $6.62
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  • Nova (NVMI) Just Blew Past $250M In Quarterly Sales

    Nova (NVMI) Just Blew Past $250M In Quarterly Sales
    Nova Semiconductor reported second-quarter 2026 results in August, achieving record revenue of $255.0 million, representing 8% sequential growth from the first quarter and 16% growth compared to the prior-year period ending June 30. The company generated $75 million in GAAP net income and $86.5 million in non-GAAP net income during the quarter.
    Earnings per share metrics demonstrated strength across both accounting measures. GAAP diluted earnings per share reached $2.20, compared with $2.04 in
  • Essential Utilities (WTRG) Keeps Growing While Profits Quietly Slide

    Essential Utilities (WTRG) Keeps Growing While Profits Quietly Slide
    Essential Utilities reported second-quarter financial results on August 4 that presented a mixed picture for the water and gas utility company. The regulated water segment generated revenue of $357.5 million, representing a 7.6% increase from $332.3 million in the prior year period. The company’s first-half revenue climbed 7.2% to nearly $1.4 billion. State regulators approved $43.9 million in new annual water revenue across Pennsylvania, Illinois, Ohio, North Carolina and Indiana, while
  • Applied Industrial (AIT) Smashed Records, Then Guided For Less

    Applied Industrial (AIT) Smashed Records, Then Guided For Less
    Applied Industrial Technologies reported fiscal fourth-quarter and full-year results ended June 30 that marked company records. Quarterly sales reached $1.4 billion, representing 10.4% year-over-year growth with organic expansion of 9.7%, the strongest pace in more than three years. Full-year net sales totaled $5.0 billion, up 8.8% with 5.4% organic growth, with the fourth quarter alone running at nearly double the full-year organic rate.
    Profitability gains outpaced revenue growth. Fourth-quar
  • AI Boom and RBA Hike Bets Fuel Australian Dollar Rally. Forecast as of 07.09.2026

    AI Boom and RBA Hike Bets Fuel Australian Dollar Rally. Forecast as of 07.09.2026
    The rally in the AUD/USD in response to strong US employment data seems paradoxical. The US economy is strong, the Fed is on the verge of raising the federal funds rate, yet the aussie is outperforming the greenback. Why? Let's discuss the reasons behind this divergence and develop a trading plan.Major Takeaways AI could boost the Australian economy. The aussie benefits from its status as a commodity currency. The Australian economy has accelerated to 2.1%. As long as the AUD/USD pair remai
  • What Is the Bitcoin Rainbow Chart and How to Use It?

    What Is the Bitcoin Rainbow Chart and How to Use It?
    Imagine looking at a weather map rather than a price chart: blue areas signal cold, while red areas indicate heat. The Bitcoin Rainbow Chart works in much the same way. It overlays Bitcoin's historical price trends with the colors of the rainbow, with each shade representing a different stage of the market cycle—from panic and undervaluation to optimism and euphoria.The Bitcoin Rainbow Chart is not a forecasting tool. Instead, it guides long-term investors by helping them assess where the
  • Short-Term Analysis for Oil, Gold, and EURUSD for 07.09.2026

    Short-Term Analysis for Oil, Gold, and EURUSD for 07.09.2026
    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 suggest entry signals for intraday traders.Oil breaks through the Gold Zone of 90.05–89.64 amid a short-term rally.Major Takeaways USCrude: Oil has pierced the Gold Zone of 90.05–89.64. XAUUSD: Gold is falling after hitting the resistance zone B of 4,451–4,436. EURUSD: The euro is ris
  • Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 07.09.2026

    Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 07.09.2026
    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 82,336.26. XRPUSD: The asset continues to rise in impulse [C] of wave 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 2,568.33.Elliott Wa
  • Strong NFP Fails to Lift US Dollar. Forecast as of 07.09.2026

    Strong NFP Fails to Lift US Dollar. Forecast as of 07.09.2026
    Strong employment data has deprived Fed doves of one of their key arguments. Hawks no longer need to worry that tighter monetary policy will significantly undermine the labor market. Donald Trump, as usual, remains opposed to tighter policy. Let's discuss this and develop a trading plan for the EUR/USD pair.Major Takeaways Employment came in three times higher than expected. The likelihood of a Fed rate hike remains unchanged. Trump is calling for monetary expansion. A false-breakout strategy is
  • Broadcom delivers strong earnings view as CEO touts growth with AI labs

    Broadcom delivers strong earnings view as CEO touts growth with AI labs
    Broadcom reported financial results that exceeded certain expectations while falling slightly short on others, alongside forward-looking statements about its artificial intelligence segment. The company’s stock rose in extended trading following the announcement.
    For the fiscal fourth quarter, Broadcom reported revenue of $15.95 billion in the prior year period, which increased 86% during the quarter. The company generated net income exceeding $13 billion, translating to $2.68 per share c
  • Tether-backed exchange suddenly halts withdrawals ahead of shutdown

    Tether-backed exchange suddenly halts withdrawals ahead of shutdown
    Orionx, a cryptocurrency trading exchange headquartered in Chile and backed by stablecoin provider Tether, announced on September 3 that it would be ceasing operations following the discovery of significant financial discrepancies. A forensic audit conducted by the company revealed that client assets totaling more than $7 million had been transferred to cryptocurrency wallets not controlled by the exchange.
    In response to the findings, Orionx filed a complaint with the country’s Public Pr
  • Netflix Raised U.K. Prices Again. History Says a Netflix Price Increase Has Never Cost It a Year of Revenue Growth.

    Netflix Raised U.K. Prices Again. History Says a Netflix Price Increase Has Never Cost It a Year of Revenue Growth.
    Netflix implemented price increases across its entire United Kingdom subscription lineup in early September. The ad-supported standard plan rose from £5.99 to £7.99 per month, representing a one-third increase, while the ad-free standard plan moved to £13.99 and the premium tier to £20.99. New subscribers faced the higher prices immediately, with existing members receiving approximately 30 days’ notice before changes took effect on their accounts.
    Market reaction t
  • Mohamed El-Erian says an influx of hyperscaler bonds is competing with U.S. Treasuries — and pushing rates higher

    Mohamed El-Erian says an influx of hyperscaler bonds is competing with U.S. Treasuries — and pushing rates higher
    Prominent economist Mohamed El-Erian has attributed rising bond yields to an imbalance between the volume of bonds being issued and the number of reliable buyers available to absorb them. Speaking to CNBC on Friday, El-Erian characterized the situation as fundamentally a supply-and-demand issue rather than a reflection of inflation concerns or Federal Reserve credibility. He noted that governments, hyperscalers, and other corporations are collectively issuing far more debt than traditional purc
  • Bond Traders Brace for More Swings at Both Ends of US Yield Curve

    Bond Traders Brace for More Swings at Both Ends of US Yield Curve
    Bond market participants positioned for increased turbulence across the maturity spectrum as several significant economic announcements and policy developments approached during the week ahead.
    Treasury Secretary Scott Bessent announced plans for an expanded bond buyback program scheduled to begin later in the week, with the operation potentially exceeding the previous $2 billion maximum by multiples of three to five. The announcement came after 30-year yields had climbed to levels not seen sin
  • BitGo (BTGO) Buys Into NYDIG’s Trading Desk Just as Crypto Volume Comes Back

    BitGo (BTGO) Buys Into NYDIG’s Trading Desk Just as Crypto Volume Comes Back
    BitGo Holdings, Inc. announced the acquisition of the institutional trading business of NYDIG, according to reporting from August 27, 2026. The transaction valued at roughly $42.5 million, to be paid primarily in BitGo stock, will bring approximately 30 NYDIG employees and around 250 institutional client relationships into BitGo’s operations.
    The acquisition expands BitGo’s institutional platform by adding derivatives, structured products, financing, and other capital markets servic
  • Big Institutions are Quietly Buying Into Blackstone (BX) and KKR’s Wealth Funds

    Big Institutions are Quietly Buying Into Blackstone (BX) and KKR’s Wealth Funds
    Blackstone Inc. and KKR & Co. are seeing institutional investors begin allocating capital to evergreen private market funds that the firms initially developed for high-net-worth individuals, according to reporting from the Financial Times. Evergreen funds allow investors to access capital at predetermined intervals rather than committing funds for the typical decade-long lifecycle of traditional private equity vehicles.
    Joan Solotar, who leads Blackstone’s wealth business, confirmed t
  • SanDisk (SNDK) Soars on S&P 100 Inclusion; Hedge Fund Ownership More-Than-Doubles

    SanDisk (SNDK) Soars on S&P 100 Inclusion; Hedge Fund Ownership More-Than-Doubles
    SanDisk Corp. closed at $1,740 on Friday, experiencing an 11.9 percent increase as the stock posted its third consecutive day of gains. The rally was driven by investor positioning ahead of the company’s inclusion in the S&P 100 index, which was announced as part of the S&P Dow Jones Indices quarterly rebalancing. The memory manufacturer will join the index on September 21, along with Dell Technologies, Palo Alto Networks, and Arista Networks, replacing Honeywell Aerospace, Nike I
  • Hafnia (HAFN) Payouts Surge as Q2 Profit Hits Multi-Year High

    Hafnia (HAFN) Payouts Surge as Q2 Profit Hits Multi-Year High
    Hafnia Limited reported second-quarter net profit of $277.8 million on August 28, marking its strongest quarterly performance since the third quarter of 2022. The tanker shipping company achieved time charter equivalent income of $372.9 million with an average fleet TCE of $44,093 per day, translating to a 44.6% annualized return on equity. The results reflected elevated freight rates sustained by geopolitical disruptions in the Persian Gulf and Red Sea over a six-month period.
    The company&rsqu
  • These 2 AI Storage Stocks Soared as the S&P 500 Fell

    These 2 AI Storage Stocks Soared as the S&P 500 Fell
    Seagate Technology Holdings plc and Western Digital Corporation posted notable gains on September 4 while the broader S&P 500 index fell 0.4%. Seagate advanced 6.3% and Western Digital rose 5.9%, suggesting investors were rotating capital toward profitable infrastructure plays rather than making traditional defensive trades.
    The strength in these storage stocks reflected investor confidence in the sector’s exposure to artificial intelligence infrastructure needs. Generative AI applica
  • The S&P 500 Fell, but These 2 AI Memory Stocks Exploded Higher

    Wall Street experienced a divergent trading session on September 4, with the broader market declining while certain technology stocks advanced significantly. The S&P 500 retreated 0.4% following a stronger-than-expected jobs report that raised concerns about interest rates. In contrast, Sandisk Corporation jumped 11.9% and Micron Technology gained 6.1%, suggesting selective investor interest rather than a broad market rally.
    The performance of these two memory stocks reflected a rotation to
  • Casella’s (CWST) Growth Machine Is Outrunning Its Own Profits

    Casella’s (CWST) Growth Machine Is Outrunning Its Own Profits
    Casella Waste Systems reported second-quarter results that demonstrated divergent performance across key metrics. Revenue reached $543.7 million, representing 16.9% growth compared to the prior year, while adjusted EBITDA climbed 12.5% to $123.2 million. However, GAAP net income declined 27.6% to $3.8 million, highlighting a widening gap between top-line expansion and bottom-line profitability.
    The company’s revenue growth was fueled by multiple drivers. Five acquisitions completed during
  • Magnolia Oil & Gas (MGY) Doubles Profits While Betting Big On Growth

    Magnolia Oil & Gas (MGY) Doubles Profits While Betting Big On Growth
    Magnolia Oil & Gas reported second-quarter results on August 5 that showed significant improvement across profitability and cash generation metrics. Net income reached $181.8 million, representing a 124% increase from the prior-year period of $81 million, while diluted earnings per share rose to $0.97 from $0.41. The company attributed the gains to a combination of higher oil and natural gas liquid prices coupled with consistent production growth from its Giddings field operations.
    Operatio
  • Installed Building Products (IBP) Grows Revenue While Margins Quietly Slip

    Installed Building Products (IBP) Grows Revenue While Margins Quietly Slip
    Installed Building Products reported second-quarter results in August showing revenue growth alongside declining profitability. Net revenue reached a second-quarter record of $777.8 million, representing a 2.3% increase from $760.3 million in the prior-year period.
    Growth was driven primarily by operations outside the core insulation installation business. Other revenue, encompassing manufacturing and distribution operations, surged 50.4% to $67.1 million. Commercial work within the Installatio

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