• Government shutdown odds rise. Here’s what it means for markets and your wallet.

    Americans may face tax-refund delays and long waits at airports.
    Article Attribution | Read More at Article Source
    The post Government shutdown odds rise. Here’s what it means for markets and your wallet. appeared first on RocketNews.
  • RingCentral Chief Accounting Officer Sells 4,568 Shares

    RingCentral Chief Accounting Officer Sells 4,568 Shares
    Tarun Arora, Chief Accounting Officer of RingCentral, executed a stock sale on Aug. 28, 2026, disposing of 4,568 shares of Class A common stock. The transaction generated proceeds of $318,000, with the shares sold at prices ranging from $69.07 to $70.00 per share, resulting in a weighted-average execution price of $69.60.
    Following completion of the sale, Arora retained direct ownership of 75,141 shares valued at $5.2 million based on market pricing. The insider’s remaining holdings repre
  • Comcast CFO sends stern warning as broadband customers leave

    Comcast CFO sends stern warning as broadband customers leave
    Comcast Chief Financial Officer Jason Armstrong delivered cautionary remarks regarding the company’s broadband business performance and competitive landscape. The telecommunications company has experienced substantial customer losses in recent periods, shedding over 700,000 internet customers in 2025 following price increases and restrictions on autopay discounts. In the first and second quarters of this year, Comcast lost an additional combined 232,000 internet subscribers across its Xfi
  • Ciena’s (CIEN) Backlog Just Hit $8.5B and Keeps Climbing

    Ciena’s (CIEN) Backlog Just Hit $8.5B and Keeps Climbing
    Ciena Corporation released third-quarter fiscal 2026 results on September 3 that demonstrated substantial growth across its networking business. The company posted revenue of $1.67 billion, representing a 37% year-over-year increase, while adjusted earnings per share more than tripled to $2.11. The backlog reached $8.5 billion, with the company projecting it would surpass $10 billion by the end of fiscal 2026.
    The expansion was concentrated in areas tied to artificial intelligence infrastructur
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  • BRP (DOO) Posts A Quarterly Loss And Raises Its Outlook Anyway

    BRP (DOO) Posts A Quarterly Loss And Raises Its Outlook Anyway
    BRP Inc. reported second quarter results on September 3 that displayed a marked divergence between top-line and bottom-line performance. The company generated revenue of $2.24 billion, representing 18.5% year-over-year growth, yet normalized diluted earnings per share declined to a loss of $0.18 from a profit of $0.92 in the prior-year period. Tariff-related pressures drove the earnings deterioration despite robust demand signals across the business.
    The off-road vehicle segment demonstrated su
  • BioMarin Shares Jump 5% After Global Patent Settlement With Ascendis

    BioMarin Shares Jump 5% After Global Patent Settlement With Ascendis
    BioMarin Pharmaceutical Inc. announced on August 31 that it had entered into binding agreements with Ascendis Pharma A/S to resolve a global patent dispute concerning Ascendis’s achondroplasia treatment Yuviwel. The settlement addressed litigation pending across multiple jurisdictions, including a Section 337 investigation by the US International Trade Commission that BioMarin agreed to withdraw. Ascendis confirmed the arrangement the following day, characterizing it as a binding term she
  • A Tale of Two Dollars: Why Dollar General Outpaced Dollar Tree This Quarter

    A Tale of Two Dollars: Why Dollar General Outpaced Dollar Tree This Quarter
    Both Dollar General and Dollar Tree released second-quarter earnings reports in late August that beat analyst expectations, benefiting from consumer demand for value retail amid inflationary pressures. However, the market’s reaction to each company diverged significantly.
    Dollar General reported net sales of $11.29 billion, exceeding the $11.2 billion forecast, with diluted earnings per share of $2.48, up 33.3% year-over-year and well above the projected $2.01. Same-store sales rose 3.5%,
  • Is Toast Stock a Buy After a Record 9,500-Restaurant Quarter?

    Is Toast Stock a Buy After a Record 9,500-Restaurant Quarter?
    Toast, a digital restaurant platform company listed on the NYSE, reported adding 9,500 new locations during the second quarter of 2026, representing a 22% increase compared to the prior year period and bringing its total customer base to 180,000 locations.
    The company demonstrated continued financial momentum with annualized recurring run rate (ARR) growth of 25% on a year-over-year basis during the quarter. ARR has maintained a consistent trajectory, declining gradually from 30% growth in the
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  • Rising Bond Yields Are Driving US Stocks Toward Correction Territory: Markets Pulse

    Rising Bond Yields Are Driving US Stocks Toward Correction Territory: Markets Pulse
    A Bloomberg Markets Pulse survey of 122 market participants revealed growing concerns that escalating bond yields pose a significant threat to equity valuations. Around 30% of respondents indicated that 10-year Treasury yields reaching 5% to 5.25% would be sufficient to trigger a 10% decline in stocks from their peak—the definition of a market correction. Another 22% placed the threshold slightly higher, between 5.25% and 5.5%.
    The benchmark 10-year yield climbed to over 4.96%, marking a
  • Investors pull money from equity funds as rising oil prices fuel inflation fears

    Investors pull money from equity funds as rising oil prices fuel inflation fears
    Global equity funds recorded significant outflows during the week ending September 9, marking the largest weekly decline since March 18. According to LSEG Lipper data tracking approximately 29,000 funds, equity funds saw net outflows of $15.52 billion, with U.S. equity funds accounting for net sales of $32.27 billion. In contrast, European and Asian equity funds attracted positive flows of $11.16 billion and $3.03 billion, respectively.
    The outflow activity coincided with a sharp rise in crude
  • Nike loses its spot in the S&P 100 after an 18-year streak as shares crater nearly 80% from their peak

    Nike loses its spot in the S&P 100 after an 18-year streak as shares crater nearly 80% from their peak
    Nike will be removed from the S&P 100 index effective September 21, ending an 18-year tenure in the prestigious roster of leading U.S. companies. The company’s shares have declined significantly from a peak of approximately $179 per share in 2021 to a fresh 52-week low of $36.85, representing a loss of over $200 billion in market capitalization.
    The index change reflects a broader shift in market composition, with S&P Dow Jones Indices replacing departing blue-chip companies like
  • Netflix (NFLX) Shares Pressured by Weak Q2 Outlook

    Netflix (NFLX) Shares Pressured by Weak Q2 Outlook
    American Century Investments Focused Dynamic Growth Fund released its second-quarter 2026 investor letter, detailing performance across market segments and highlighting specific holdings. The broader U.S. stock market advanced substantially during the quarter with double-digit gains, driven by strong earnings reports, resilient economic data, and momentum in artificial intelligence-related equities. Growth and AI stocks outperformed value stocks during this period, while large-cap companies gen
  • Insider Alert: IDEXX Director Lawrence Kingsley Sells $1.2 Million of Stock

    Insider Alert: IDEXX Director Lawrence Kingsley Sells $1.2 Million of Stock
    Director Lawrence D. Kingsley of IDEXX Laboratories executed a stock transaction on Sept. 4, 2026, selling 2,203 shares for a combined value of $1.2 million. The transaction was structured as an exercise-and-sell, wherein Kingsley converted options into common stock at $114.17 per share before immediately selling them at a weighted average price of $532.08 per share.
    Following the transaction, Kingsley maintained a direct ownership position of 9,568 shares of IDEXX common stock, representing ap
  • Clay completes $115m Series D, valued at $7.1bn

    Clay completes $115m Series D, valued at $7.1bn
    Clay, an artificial intelligence software provider focused on business growth tools, announced the completion of a Series D funding round totaling $115m. The financing round valued the company at $7.1bn and was led by Wellington Capital, with additional investors including Andreessen Horowitz, Sequoia Capital, Perennial, StepStone, Meritech Capital, CapitalG, DST Global, Boldstart Ventures, BoxGroup, Bloomberg Beta, and Evolution.
    The platform offers technology designed to assist businesses in
  • Backlog Strength and Space Demand Lift Rocket Lab (RKLB)

    Backlog Strength and Space Demand Lift Rocket Lab (RKLB)
    American Century Investments’ Focused Dynamic Growth Fund released its second-quarter 2026 investor letter, highlighting Rocket Lab Corporation as a notable contributor to fund performance during the period.
    Rocket Lab Corporation, an end-to-end space company providing launch services and space systems solutions, closed trading on September 09, 2026 at $63.07 per share. The stock experienced a one-month decline of 21.26% but remained up 30.23% over the preceding twelve months. The company
  • Arm Holdings (ARM): AI Infrastructure and CPU Demand Drive Upbeat Outlook

    Arm Holdings (ARM): AI Infrastructure and CPU Demand Drive Upbeat Outlook
    American Century Investments’ Focused Dynamic Growth Fund released its second-quarter 2026 investor letter, detailing fund performance and key holdings. The fund’s investor class returned 16.38% during the quarter, trailing slightly behind the Russell 1000 Growth Index’s 16.74% return. U.S. stocks advanced with double-digit quarterly gains driven by robust earnings, resilient economic data, and momentum in AI-related equities, though a pullback occurred in June as investors an
  • RSI Bullish and Bearish Divergence in Crypto

    RSI Bullish and Bearish Divergence in Crypto
    Divergence on a chart shows that the current price move is losing momentum. In crypto trading, this signal may indicate a potential change in direction, but it often appears well before a reversal. High market volatility and large market participants' actions can generate false signals, so assess divergence in context.The Relative Strength Index (RSI) is an oscillator scaled from 0 to 100. It helps assess momentum and identify overbought and oversold zones. Regular divergence may signal a revers
  • XAU/USD: Elliott Wave Analysis and Forecast for 11.09.26–18.09.26

    XAU/USD: Elliott Wave Analysis and Forecast for 11.09.26–18.09.26
    Major Takeaways Main scenario: Once the correction has been completed, consider long positions above 4,174.78 with a target of 4,900.00–5,610.00. A buy signal: the local correction ends and the price settles above 4,174.78. Stop Loss: below 4,105.00, Take Profit: 4,900.00–5,610.00. Alternative scenario: Breakout and consolidation below 4,174.78 will allow the asset to continue declining to the levels of 3,954.50–3,720.00. A sell signal: the level of 4,174.78 is broken to the do
  • WTI Crude Oil: Elliott Wave Analysis and Forecast for 11.09.26–18.09.26

    WTI Crude Oil: Elliott Wave Analysis and Forecast for 11.09.26–18.09.26
    Major Takeaways Main scenario: Consider long positions from corrections above 92.50 with a target of 115.50–125.50. A buy signal: the price holds above 92.50. Stop Loss: below 91.00, Take Profit: 115.50–125.50. Alternative scenario: Breakout and consolidation below 92.50 will allow the asset to continue declining to the levels of 78.58–67.00. A sell signal: the level of 92.50 is broken to the downside. Stop Loss: above 94.00, Take Profit: 78.58–67.00.Main ScenarioConsider
  • USD/JPY: Elliott Wave Analysis and Forecast for 11.09.26–18.09.26

    USD/JPY: Elliott Wave Analysis and Forecast for 11.09.26–18.09.26
    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 11.09.26–18.09.26

    GBP/USD: Elliott Wave Analysis and Forecast for 11.09.26–18.09.26
    Major Takeaways Main scenario: Consider long positions from corrections above 1.3270 with a target of 1.3870–1.4140. A buy signal: the price holds above 1.3270. Stop Loss: below 1.3225, Take Profit: 1.3870–1.4140. Alternative scenario: Breakout and consolidation below 1.3270 will allow the pair to continue declining to the levels of 1.2938–1.2745. A sell signal: the level of 1.3270 is broken to the downside. Stop Loss: above 1.3315, Take Profit: 1.2938–1.2745.Main Scenari
  • Medtronic’s (MDT) Heart Devices Are Suddenly Outgrowing The Rest Of Med-Tech

    Medtronic’s (MDT) Heart Devices Are Suddenly Outgrowing The Rest Of Med-Tech
    Medtronic released fiscal 2027 first-quarter earnings on September 1, posting revenue of $9.8 billion and organic growth of 13.7%, exceeding company guidance. The quarter ended July 31 and included an extra selling week that contributed approximately $570 million to the revenue figure. Management characterized the underlying performance as the strongest quarterly result in nearly eight years and raised its full-year outlook based on the beat.
    Cardiovascular revenue grew 18.9% organically to $3.
  • G-III’s (GIII) $1.2B Bet On Life After Calvin Klein

    G-III’s (GIII) $1.2B Bet On Life After Calvin Klein
    G-III Apparel released second-quarter fiscal 2027 results on September 2, one day after completing its acquisition of Marc Jacobs on September 1. The company is transitioning away from its longtime licenses for Calvin Klein and Tommy Hilfiger, owned by PVH, and shifting toward brands it controls directly.
    Net sales declined 10% to $554.1 million from $613.3 million in the prior-year quarter, aligning with management’s expectations given the exit from the two licensed brands. However, gros
  • Sportsman’s Warehouse (SPWH) Trades Flat Sales For A Cleaner Balance Sheet

    Sportsman’s Warehouse (SPWH) Trades Flat Sales For A Cleaner Balance Sheet
    Sportsman’s Warehouse Holdings reported second-quarter results on September 1 that emphasized balance-sheet improvement over revenue growth. Net sales rose 0.6% to $295.6 million, while the company posted a narrower net loss of $4.4 million compared with $7.1 million in the year-earlier period. Adjusted EBITDA climbed to $8.7 million from $8.3 million, signaling progress in operational efficiency.
    The company’s inventory reduction strategy has yielded measurable results. Total inven
  • Sibanye Stillwater’s (SBSW) Record Half Comes With Strings Attached

    Sibanye Stillwater’s (SBSW) Record Half Comes With Strings Attached
    Sibanye Stillwater reported first-half results that marked a significant turnaround from the prior year. Revenue climbed 64% to R90 billion, equivalent to $5.5 billion, while headline earnings per share surged 216% to R6.01 compared with R1.90 in the first half of 2025. The company swung to a profit of R18.8 billion from a R3.9 billion loss a year prior, driven primarily by higher prices for platinum group metals and gold.
    Management deployed the earnings windfall conservatively, focusing on ba
  • Popular women’s clothing chain closes 177 stores

    Popular women’s clothing chain closes 177 stores
    Torrid, a plus-size women’s specialty retailer, has substantially completed a major store optimization program that included the closure of 177 locations, according to statements made during the company’s second-quarter earnings call. The chain had initially announced plans in June 2025 to shutter around 180 underperforming stores from its fleet of just over 620 locations. The closures reflect broader shifts in consumer shopping behavior, with the retailer noting that digital channe
  • One Customer’s Delay Can’t Hide ADTRAN’s (ADTN) Optical Surge

    One Customer’s Delay Can’t Hide ADTRAN’s (ADTN) Optical Surge
    ADTRAN Holdings Inc. reported second-quarter revenue of $281.1 million on August 4, representing a 6.1% increase from the prior year period ended June 30, though the figure fell short of company guidance and weighed on the stock price.
    The Optical Networking Solutions segment emerged as a significant growth driver, generating $109.7 million in revenue with a 22% year-over-year increase and 13% sequential gain. Chief Executive Tom Stanton highlighted this unit as the primary source of quarterly
  • NIO (NIO) Narrows Its Losses, But Can It Keep This Up?

    NIO (NIO) Narrows Its Losses, But Can It Keep This Up?
    NIO Inc. released second-quarter financial results on September 1 that demonstrated significant progress in profitability. Vehicle deliveries across its three brands increased 49.4% year over year to 107,658 units, while the company’s net loss contracted 89.4% to RMB 0.5 billion. The automaker achieved its third consecutive quarter of adjusted profitability, marking a turnaround from earlier performance.
    The improvement was driven by a favorable shift in product mix rather than volume alo
  • EUR/USD: Elliott Wave Analysis and Forecast for 11.09.26–18.09.26

    EUR/USD: Elliott Wave Analysis and Forecast for 11.09.26–18.09.26
    Major Takeaways Main scenario: Once the correction has been completed, consider long positions above 1.1470 with a target of 1.1790–1.2088. A buy signal: the local correction ends and the price settles above 1.1470. Stop Loss: below 1.1425, Take Profit: 1.1790–1.2088. Alternative scenario: Breakout and consolidation below 1.1470 will allow the pair to continue declining to the levels of 1.1350–1.1230. A sell signal: the level of 1.1470 is broken to the downside. Stop Loss: abov
  • Gold Waits for the CPI Verdict. Forecast as of 11.09.2026

    Gold Waits for the CPI Verdict. Forecast as of 11.09.2026
    Despite numerous bullish drivers for gold, including de-dollarization, US government intervention in the debt market, loss of confidence, and the debasement trade, XAU/USD may decline in the short term. Let's discuss this topic and outline a trading plan.Major Takeaways Gold fears Fed rate hikes. An S&P 500 correction will intensify XAU/USD selling. The precious metal's fate hinges on US inflation. Strong CPI data would be a reason to sell gold, with a target of $4,170.Fundamental Forecast f

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