• Hillary Clinton has a special message for people attending the Democratic National Committee meeting

    Hillary Clinton has a special message for people attending the Democratic National Committee meeting
    Ahead of the Democratic National Committee meeting, Hillary Clinton addressed the Democratic Party in a video on Twitter. "Let resistance plus persistence equal progress for our party and our country," she said.
  • World’s largest contract chipmaker TSMC sees August revenue surge over 53% to record high

    World’s largest contract chipmaker TSMC sees August revenue surge over 53% to record high
    Taiwan Semiconductor Manufacturing Co. announced record monthly revenue for August, posting $16.35 billion in sales compared to the prior year’s equivalent period. The figure represented a 53.3% increase year-over-year and a 10.1% rise from the preceding month, marking the fourth consecutive month of revenue growth for the world’s largest contract chipmaker.
    The company’s strong performance reflected continued robust demand for chips used in artificial intelligence application
  • Macy’s posts strong results, raises guidance as turnaround begins to take hold

    Macy’s posts strong results, raises guidance as turnaround begins to take hold
    Macy’s delivered positive results during its fiscal second quarter, reporting comparable sales growth of 2.7% across the company while advancing its ongoing restructuring efforts. The Macy’s nameplate brand achieved 1.1% comparable sales growth, with expansion primarily attributed to reimagined store locations that have undergone strategic renovations. The company’s higher-end divisions performed notably better, with Bloomingdale’s comparable sales rising 11.3% and the b
  • Home sales fall in August despite the highest supply in over a decade

    Home sales fall in August despite the highest supply in over a decade
    Previously owned home sales declined in August, with the National Association of Realtors reporting a 2% month-over-month drop to 3.98 million units on a seasonally adjusted, annualized basis. Year-over-year sales were down 1.2%, representing the slowest sales activity since June 2025. The Northeast and Midwest regions experienced the most pronounced weakness in transaction volume.
    Mortgage rate increases in mid-July, when many of these August closings were contracted, contributed to the sales
  • Advertisement

  • Copart (CPRT) Bets On Digital Dealers As Core Volumes Shrink

    Copart (CPRT) Bets On Digital Dealers As Core Volumes Shrink
    Copart held its fourth-quarter earnings call on September 10 and disclosed an all-cash agreement to acquire ACV, a digital automotive marketplace platform. ACV facilitated approximately $10 billion in vehicle transactions during the prior year without maintaining physical auction facilities. The company brings more than 22,000 active buyers along with inspection and valuation technology, while Copart contributes over 275 locations, roughly 4 million annually sold vehicles, and approximately 1 m
  • Red Violet (RDVT) Turns Record Growth Into Real Profit Gains

    Red Violet (RDVT) Turns Record Growth Into Real Profit Gains
    Red Violet Inc. reported second-quarter 2026 results for the period ended June 30, demonstrating accelerating conversion of growth into profitability. Revenue increased 23% to $26.7 million, while net income nearly doubled to $5 million. The company’s net margin expanded from 12% to 19%, indicating that revenue growth was not accompanied by proportional increases in costs.
    Operating metrics showed broad-based improvement. Gross profit climbed 29% to $20.2 million, with gross margin expand
  • PureCycle (PCT) Turns Lab Promises Into Detergent Cap Reality

    PureCycle (PCT) Turns Lab Promises Into Detergent Cap Reality
    PureCycle Technologies reported second-quarter earnings for the period ended June 30, marking a milestone for the plastics recycler with the introduction of its first branded consumer products. Downy detergent caps manufactured using the company’s PureFive resin entered commercial production with Procter & Gamble during the quarter, representing the initial commercial validation of its purification technology through a major consumer goods supply chain. The company’s revenue rea
  • LightPath’s (LPTH) Defense Pivot Just Showed Up In The Numbers

    LightPath’s (LPTH) Defense Pivot Just Showed Up In The Numbers
    LightPath Technologies released fourth-quarter and full-year results on September 10 that demonstrated the financial impact of a multiyear strategic shift toward defense applications. The company achieved annual revenue growth of 92.7%, reaching $71.7 million compared to $37.2 million in the prior year, while fourth-quarter revenue alone hit a record $21.2 million, representing 73.8% year-over-year growth.
    Margin expansion accompanied the revenue increase, with full-year gross margin reaching 3
  • Advertisement

  • Clear Channel Outdoor (CCO) Grows Fastest Right Before Going Private

    Clear Channel Outdoor (CCO) Grows Fastest Right Before Going Private
    Clear Channel Outdoor Holdings Inc. reported second-quarter financial results on August 5 that demonstrated operational momentum across its advertising segments even as the company approaches privatization. The pending acquisition by an investor consortium advised by Mubadala Capital at $2.43 per share was approved by stockholders on May 12 and is expected to close by the end of the third quarter.
    Consolidated revenue rose 8.7% in the second quarter to $438.0 million, with first-half revenue cl
  • 38-year-old beloved steakhouse chain closing over 40 locations

    38-year-old beloved steakhouse chain closing over 40 locations
    Steakhouse operators have confronted difficult market conditions, with beef prices rising 9.4% year-over-year in July 2026, pressuring profit margins across the sector. Bloomin’ Brands, the parent company of Outback Steakhouse, initiated a comprehensive turnaround strategy approximately 10 months before these closures, designed to eliminate underperforming locations lacking growth potential.
    Outback Steakhouse closed its Evansville, Wyoming location on Aug. 23, 2026, after 21 years of ope
  • The market says a Fed rate hike is a done deal. Here’s why it might hold steady.

    The market says a Fed rate hike is a done deal. Here’s why it might hold steady.
    Financial markets have heavily priced in expectations for a Federal Reserve interest rate increase during the week following the article’s publication, the first in over three years. Trading odds showed between 85% and 90% probability assigned to a 25 basis point rate hike. However, multiple economists and former Fed officials indicated the decision was not as settled as market positioning suggested.
    Key Fed policymakers offered mixed signals on the appropriate course of action. New York
  • China urges more FX hedging as strong yuan hits exporters, sources say

    China urges more FX hedging as strong yuan hits exporters, sources say
    China’s foreign exchange regulator has issued informal guidance to banks directing them to promote currency hedging among corporate clients, according to people familiar with the matter. The instructions, conveyed through local branches of the State Administration of Foreign Exchange (SAFE), aim to shield exporters from losses related to the yuan’s strengthening against the dollar. The yuan has risen 4.3% during the year and is trading near a four-year high, prompting regulatory con
  • Analysis-Bitcoin’s late summer rally set to face off against the Fed, Congress

    Analysis-Bitcoin’s late summer rally set to face off against the Fed, Congress
    Bitcoin demonstrated renewed strength in late August, climbing above $70,000 after an extended period of weakness that saw the cryptocurrency trade around $60,000 lows. The asset had experienced a substantial decline from its October 2025 peak above $126,000, representing approximately a 50% loss from that high point. The recovery marked a significant shift in market sentiment after months of challenging conditions for digital assets.
    Options market data indicated a bullish turn in trader posit
  • Africa’s biggest oil refinery opens to public ownership, sparking excitement among retail investors

    Africa’s biggest oil refinery opens to public ownership, sparking excitement among retail investors
    Nigerian industrialist Aliko Dangote launched a public offering of his Lagos-based refinery on Monday, seeking to raise $1.6 billion from retail investors across Africa through what he characterized as an offering designed for broad participation. Retail investors gained the ability to purchase shares at a price of 5,250 naira per share, with a minimum purchase requirement of 10 shares. Dangote maintained controlling ownership at 87% of the facility, which stands as Africa’s largest refin
  • Gold Is Down Since the Iran War Began. This Obscure Shipping ETF Is Up 1,168%.

    Gold Is Down Since the Iran War Began. This Obscure Shipping ETF Is Up 1,168%.
    The Breakwave Dry Bulk Shipping ETF (BWET) experienced extraordinary gains between late February and mid-September, closing at $57.30 on February 27 and reaching $726.92 on September 11, representing a gain of 1,168.62%. Over the same period, the SPDR Gold Trust (GLD), which holds physical gold, declined from $483.75 to $398.77, a loss of 17.57%. This divergence highlighted a classic market pattern wherein gold initially gains value during periods of geopolitical tension but sells off sharply o
  • Canada Clears Tokenized Bank Deposits Without Creating a New Crypto Rulebook

    Canada Clears Tokenized Bank Deposits Without Creating a New Crypto Rulebook
    Canada’s Office of the Superintendent of Financial Institutions issued guidance on Sept. 10 establishing that tokenized bank deposits do not constitute a new category of financial products simply because they utilize blockchain or other digital infrastructure. The regulator stated that the underlying technology used to deliver a financial product does not determine its legal classification.
    Under OSFI’s technology-neutral approach, tokenized deposits are legally equivalent to tradit
  • Canada's Trade War Struggle Puts Loonie Under Pressure. Forecast as of 14.09.2026

    Canada's Trade War Struggle Puts Loonie Under Pressure. Forecast as of 14.09.2026
    Can Canada defend itself against its southern neighbor? The answer is still a long way off. In the early stages of the standoff between Washington and Ottawa, USD/CAD bears appear to be bearing the brunt of the losses. Let's take a closer look at the situation and develop a trading plan.Major Takeaways Ottawa has imposed retaliatory tariffs on US imports. The Canadian labor market is beginning to cool. The trade war will keep the BoC on the sidelines. Long positions on the USD/CAD can be opened
  • Short-Term Analysis for Oil, Gold, and EURUSD for 14.09.2026

    Short-Term Analysis for Oil, Gold, and EURUSD for 14.09.2026
    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.Gold continues to trade under selling pressure.Major Takeaways USCrude: Oil has reached the first bullish target set for trades opened at support A of 96.45–96.01. XAUUSD: Gold may fall further toward 4,282. EURUSD: The euro is piercing support B of 1.15
  • US Dollar Gains as Fed Gets Trapped in Hawkish Corner. Forecast as of 14.09.2026

    US Dollar Gains as Fed Gets Trapped in Hawkish Corner. Forecast as of 14.09.2026
    US inflation data came in broadly in line with forecasts. However, the modest month-over-month rise in core inflation sparked some market volatility. Kevin Warsh's speech at Jackson Hole offers insight into the market's reaction. Let's take a closer look at the implications and develop a trading plan for the EUR/USD.Major Takeaways The market is confident that the Fed will raise rates. Investors are assessing the potential extent of monetary tightening. Kevin Warsh has tied his own hands by prov
  • Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 14.09.2026

    Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 14.09.2026
    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 2,663.34.Elliott Wa
  • The Dividend Streak Lives, But Target’s Raise Size Tells the Real Story

    The Dividend Streak Lives, But Target’s Raise Size Tells the Real Story
    Target declared a quarterly dividend of $1.16 per share, maintaining its dividend streak spanning more than five decades. The increase of 1.8% from the prior year marked the fourth consecutive quarter at that rate, a sharp deceleration from historical patterns. During 2021 and 2022, the company had raised dividends more substantially, moving from $0.68 to $0.90 and subsequently to $1.08.
    While Target’s dividend status as a Dividend King remains technically intact due to the increase, anal
  • Insiders Trim Positions in Five Below Stock After 39% Run-Up

    Insiders Trim Positions in Five Below Stock After 39% Run-Up
    Five Below experienced considerable stock appreciation, with shares climbing approximately 39% over a two-month period to reach around $245 per share. The stock achieved an all-time closing high of $262 per share on Aug. 24 and demonstrated a 68% return over the past 12 months, including a 30% year-to-date gain.
    During the week following the company’s earnings announcement, two company insiders engaged in share sales according to SEC filings. Director Michael Devine sold approximately 4,2
  • Boston Scientific (BSX) Didn’t Miss on Demand or Devices. A Cyberattack Just Broke Its Guidance.

    Boston Scientific (BSX) Didn’t Miss on Demand or Devices. A Cyberattack Just Broke Its Guidance.
    Boston Scientific Corporation shares declined in early trading on September 8, 2026, following the company’s announcement that a cyberattack occurring on August 25 had disrupted manufacturing and shipping operations. The company stated it would be unable to meet previously issued guidance for third-quarter and full-year 2026 net sales and adjusted earnings per share. While operations have since resumed, the incident is expected to negatively impact results for the remainder of the year.
    T
  • Hewlett Packard Enterprise Raises 2027 Outlook as AI Networking Demand Surges

    Hewlett Packard Enterprise Raises 2027 Outlook as AI Networking Demand Surges
    Hewlett Packard Enterprise announced elevated guidance for fiscal 2027 during remarks at the Goldman Sachs Communacopia + Technology Conference, projecting revenue growth of 13% to 17% and earnings per share growth of 16% to 20%. The company also raised its free-cash-flow target to at least $5 billion for fiscal 2027, up from an earlier target of at least $3.75 billion for fiscal 2026. Chief Strategy Officer Shannon Cross attributed the optimistic outlook primarily to robust demand for artifici
  • DraftKings and Flutter Jump After Court Rules Prediction Markets Are Gambling, Not Federally Regulated Trading

    DraftKings and Flutter Jump After Court Rules Prediction Markets Are Gambling, Not Federally Regulated Trading
    Shares of DraftKings Inc. and Flutter Entertainment plc rose following an August 28 Ninth Circuit Court of Appeals decision that classified sports-related contracts offered by prediction-market platforms as gambling products subject to state regulation rather than federal commodities law. DraftKings gained up to 10% while Flutter increased up to 8% on the ruling.
    The court determined that sports event contracts are sports bets rather than swaps under federal commodity law, a distinction that de
  • Boeing Delivered 51 Jets in August. Here’s Why the Stock is Finally Back Above $200.

    Boeing Delivered 51 Jets in August. Here’s Why the Stock is Finally Back Above $200.
    Boeing shares rose above $200 recently despite reporting a sequential decline in monthly aircraft deliveries. The aerospace manufacturer delivered 51 jets in August, representing a 10.5% decrease compared to the same period in the prior year. However, market participants looked past this monthly setback to focus on the company’s broader operational trends.
    On a year-to-date basis, Boeing achieved its strongest aircraft delivery performance since 2018, according to the company’s repo
  • Is a Stock Market Crash Looming Under President Donald Trump? Nearly 156 Years of History Offers Up an Unpleasant Truth for Wall Street.

    Is a Stock Market Crash Looming Under President Donald Trump? Nearly 156 Years of History Offers Up an Unpleasant Truth for Wall Street.
    Major U.S. stock indexes have posted substantial gains during President Trump’s second term, which began in January 2026. Through September 4, 2026, the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite had climbed 23%, 29%, and 35%, respectively. The rally has been supported by factors including artificial intelligence infrastructure development, strong corporate earnings results, and elevated share buyback activity driven by lower corporate tax rates.
    However, several indi
  • Western Digital Sees AI-Driven HDD Demand Outpacing Supply Through 2027

    Western Digital Sees AI-Driven HDD Demand Outpacing Supply Through 2027
    Western Digital’s chief financial officer outlined the company’s positioning within the artificial-intelligence and cloud-infrastructure markets at a recent industry conference. The hard-disk-drive manufacturer has undergone a significant business transformation, with approximately 90% of revenue now derived from cloud customers rather than traditional consumer and personal-computer segments. This shift has provided greater demand visibility compared to prior industry cycles, as clo
  • 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

Follow @news_analyst on Twitter!