Analyst news

• Live: Barcelona van crash likely terror attack, Spanish police say

  17-08-2017 18:19 via yahoo.com
  A van slammed into pedestrians in Barcelona on Thursday afternoon, reportedly killing two people in what Spanish police say was likely a terror attack. The suspects fled the scene, entering a nearby restaurant. Yahoo News is providing live coverage of the incident and aftermath.
  
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• What Is an IPO and How Does It Work?

  28-08-2026 16:05 via litefinance.org
  
  An IPO stands for Initial Public Offering. It is the moment a privately held company goes public and sells its shares on a stock exchange for the first time, opening them up to any investor.What does IPO stand for in business? Imagine your neighbor has built a thriving business. Until now, only close friends and private investors could buy a stake in it. Now the company is going public, and its shares trade freely on the secondary market, open to public investors.What is an IPO at its core? It i
  
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• XAU/USD: Elliott Wave Analysis and Forecast for 28.08.26–04.09.26

  28-08-2026 14:00 via litefinance.org
  
  Major Takeaways Main scenario: Consider long positions from corrections above 4,315.60 with a target of 4,900.00–5,610.00. A buy signal: the local correction ends and the price settles above 4,315.60. Stop Loss: below 4,245.00, Take Profit: 4,900.00–5,610.00. Alternative scenario: Breakout and consolidation below 4,315.60 will allow the asset to continue declining to the levels of 4,003.25–3,720.00. A sell signal: the level of 4,315.60 is broken to the downside. Stop Loss: abov
  
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• WTI Crude Oil: Elliott Wave Analysis and Forecast for 28.08.26–04.09.26

  28-08-2026 13:30 via litefinance.org
  
  Major Takeaways Main scenario: Consider long positions from corrections above 80.00 with a target of 105.17–115.50. A buy signal: the price holds above 80.00. Stop Loss: below 78.50, Take Profit: 105.17–115.50. Alternative scenario: Breakout and consolidation below 80.00 will allow the asset to continue declining to the levels of 67.00–58.50. A sell signal: the level of 80.00 is broken to the downside. Stop Loss: above 81.50, Take Profit: 67.00–58.50.Main ScenarioConsider
  
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• Veeva Systems Q2 Earnings Call Highlights

  28-08-2026 13:05 via rocketnews.com
  
  Veeva Systems reported results for the quarter ended July 31, 2026, posting fiscal 2027 second-quarter revenue of $928 million and non-GAAP operating income of $416 million. Chief Executive Officer Peter Gassner stated that results surpassed the company’s prior guidance. The company’s leadership raised its full-year outlook following the strong performance.
  Commercial subscription revenue increased approximately 13% year over year, according to Chief Financial Officer Brian Van Wage
  
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• Stock market today: Dow, S&P 500, Nasdaq close lower, Nvidia stock jumps after earnings

  28-08-2026 13:05 via rocketnews.com
  
  Major US stock indices finished lower on Wednesday amid mixed market sentiment. The Dow Jones Industrial Average declined 0.2%, while the S&P 500 and Nasdaq Composite slipped fractionally, reversing gains from the previous session.
  Inflation data released during the trading day showed the core Personal Consumption Expenditures Index rose 3.3% in July, matching expectations and remaining flat from the prior month. The reading came as markets awaited remarks from Federal Reserve Chairman Kevi
  
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• Sportswear giant closes 113 stores as shares plunge

  28-08-2026 13:05 via rocketnews.com
  
  Dick’s Sporting Goods reported significant restructuring efforts tied to its September 2025 acquisition of Foot Locker for $2.5 billion. Through the second quarter of fiscal 2026, the company closed 113 store locations across its portfolio, with 110 of those closures occurring within the Foot Locker business. The company also opened stores during the period, including four within its Dick’s Sporting Goods business and 27 within Foot Locker, bringing total locations to 3,104 as of Au
  
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• Ooma Q2 Earnings Call Highlights

  28-08-2026 13:05 via rocketnews.com
  
  Ooma, Inc. announced fiscal second-quarter 2027 results that surpassed company expectations across multiple financial metrics. Revenue reached $83.2 million, representing 25% growth compared to the prior-year period of $66.4 million. The company achieved non-GAAP net income of $0.35 per diluted share, an increase from $0.23 per diluted share in the comparable quarter, while adjusted EBITDA climbed to a record $12.4 million, reflecting 74% year-over-year growth and constituting 15% of total reve
  
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• Best Buy beats quarterly estimates and hikes its outlook, but stock falls

  28-08-2026 13:05 via rocketnews.com
  
  Best Buy announced fiscal second-quarter results that exceeded Wall Street expectations and prompted the company to raise its financial outlook for the full year. The consumer electronics retailer reported comparable sales growth of 4.1% during the period, significantly outperforming its prior guidance of 1%. The company also achieved an adjusted operating income rate that came in higher than anticipated, driven by strength across major product categories with particularly strong performance in
  
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• Marvell shares tumble 8% as outlook underwhelms despite 37% revenue growth

  28-08-2026 13:04 via rocketnews.com
  
  Marvell Technology’s stock fell 8% in premarket trading following the release of its second-quarter financial results and updated guidance, despite the chipmaker posting stronger-than-expected revenue and raising its outlook for fiscal 2028. The decline reflected investor disappointment that the company’s raised guidance did not fully meet the elevated expectations that had built up ahead of the earnings announcement.
  The chipmaker reported second-quarter revenue of $2.7 billion, re
  
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• Gap shares jump 12% after company names new Old Navy CEO to revive struggling brand

  28-08-2026 13:04 via rocketnews.com
  
  Gap Inc. announced a leadership change at Old Navy, naming Michael Francis as the brand’s new chief executive officer, effective November 2. Francis, who joined Old Navy as chief customer officer in May, will replace Haio Barbeito, who has led the division since 2022 and will transition to an advisory role. The retailer is making this move as Old Navy grapples with declining sales and customer traffic.
  Old Navy reported net sales of $2.1 billion in the fiscal second quarter, representing
  
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• Family offices are making a bullish bet on the stock market, according to CNBC Family Office Portfolio Tracker

  28-08-2026 13:04 via rocketnews.com
  
  Family offices substantially increased their allocation to stocks during the second quarter, shifting their investment strategies notably away from alternative assets, according to data from the CNBC Family Office Portfolio Tracker powered by Addepar.
  Stock holdings among single family offices rose to 37% of total portfolios in the second quarter, compared with 34% in the first quarter. This represented the largest quarter-on-quarter increase observed over the preceding three to four years. The
  
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• USD/JPY: Elliott Wave Analysis and Forecast for 28.08.26–04.09.26

  28-08-2026 13:00 via litefinance.org
  
  Major Takeaways Main scenario: once the correction has been completed, consider short positions below the level of 160.52 with a target of 151.76–148.92. A sell signal: the local correction ends and the price holds below 160.52. Stop Loss: above 161.10, Take Profit: 151.76–148.92. Alternative scenario: Breakout and consolidation above the level of 160.52 will allow the pair to continue rising to the levels of 163.90–166.50. A buy signal: the level of 160.52 is broken to the ups
  
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• GBP/USD: Elliott Wave Analysis and Forecast for 28.08.26–04.09.26

  28-08-2026 12:30 via litefinance.org
  
  Major Takeaways Main scenario: Consider long positions from corrections above 1.3516 with a target of 1.3870–1.4140. A buy signal: the price holds above 1.3516. Stop Loss: below 1.3470, Take Profit: 1.3870–1.4140. Alternative scenario: Breakout and consolidation below 1.3516 will allow the pair to continue declining to the levels of 1.3275–1.3140. A sell signal: the level of 1.3516 is broken to the downside. Stop Loss: above 1.3560, Take Profit: 1.3275–1.3140.Main Scenari
  
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• Gold Faces a New Reality. Forecast as of 28.08.2026

  28-08-2026 12:21 via litefinance.org
  
  Gold has emerged as the main beneficiary of the Treasury's interventions in the debt market. It is less affected by the Treasury's attempts to manipulate the market to bring down Treasury yields. Bonds and the US dollar are suffering. Let's discuss this topic and make a trading plan for XAU/USD. Major Takeaways Gold is rising alongside Treasury yields. Treasury manipulation is supporting the precious metal. XAU/USD is facing a new reality. Buying gold with targets at $4,830 and $4,990 remai
  
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• EUR/USD: Elliott Wave Analysis and Forecast for 28.08.26–04.09.26

  28-08-2026 12:00 via litefinance.org
  
  Major Takeaways Main scenario: Consider long positions from corrections above 1.1564 with a target of 1.1790–1.2088. A buy signal: the price holds above 1.1564. Stop Loss: below 1.1520, Take Profit: 1.1790–1.2088. Alternative scenario: Breakout and consolidation below 1.1564 will allow the pair to continue declining to the levels of 1.1346–1.1200. A sell signal: the level of 1.1564 is broken to the downside. Stop Loss: above 1.1610, Take Profit: 1.1346–1.1200.Main Scenari
  
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• USD/CHF: Elliott Wave Analysis and Forecast for 28.08.26–04.09.26

  28-08-2026 11:30 via litefinance.org
  
  Major Takeaways Main scenario: Consider short positions from corrections below the level of 0.8132 with a target of 0.7755–0.7593. A sell signal: the local correction ends and the price holds below 0.8132. Stop Loss: above 0.8170, Take Profit: 0.7755–0.7593. Alternative scenario: Breakout and consolidation above the level of 0.8132 will allow the pair to continue rising to the levels of 0.8400–0.8600. A buy signal: the level of 0.8132 is broken to the upside. Stop Loss: below 0
  
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• USD/CAD: Elliott Wave Analysis and Forecast for 28.08.26–04.09.26

  28-08-2026 10:57 via litefinance.org
  
  Major Takeaways Main scenario: Consider short positions from corrections below the level of 1.3945 with a target of 1.3548–1.3400. A sell signal: the price holds below 1.3945. Stop Loss: above 1.3985, Take Profit: 1.3548–1.3400. Alternative scenario: Breakout and consolidation above the level of 1.3945 will allow the pair to continue rising to the levels of 1.4085–1.4250. A buy signal: the level of 1.3945 is broken to the upside. Stop Loss: below 1.3905, Take Profit: 1.4085&nda
  
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• Short-Term Analysis for Oil, Gold, and EURUSD for 28.08.2026

  28-08-2026 09:36 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 correct lower.Major Takeaways USCrude: Oil has bounced off the trend boundary of 81.30–80.70. XAUUSD: Gold is trading above support A of 4,594–4,583. EURUSD: The euro is falling this week.Oil Price Forecast for Today:
  
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• Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 28.08.2026

  28-08-2026 09:26 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: A bullish correction (B) is expected to complete. Consider long positions with a Take Profit at 82,592.71. XRPUSD: A rise in impulse [C] of XX is projected. Consider long positions with a Take Profit at 1.694. ETHUSD: A rise in the fifth part of a bullish impulse is expected. Consider long positions with a Take Profit at 2,614.03.Elliott Wave Analysi
  
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• Treasury-Fed Tensions Put US Dollar at Risk. Forecast as of 28.08.2026

  28-08-2026 08:20 via litefinance.org
  
  Before the 2008 global financial crisis, the Treasury handled debt management exclusively. The Fed's introduction of quantitative easing (QE) changed everything. Now, the Treasury wants to return to the old way. How will the central bank respond? Let's examine this issue and develop a trading plan for the EUR/USD pair.Major Takeaways A conflict has emerged between the Fed and the Treasury. An alliance between the two institutions could put significant pressure on the US dollar. The Fed is not a
  
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• Zoom Q2 FY2027 earnings beat but profit outlook disappoints

  27-08-2026 23:02 via rocketnews.com
  
  Zoom Communications posted second-quarter financial results that exceeded consensus estimates, though forward guidance fell below Street expectations and pressured shares.
  The video communications platform reported $1.28 billion in second-quarter revenue, representing 4.9% year-over-year growth. The figure surpassed the consensus estimate of $1.27 billion. Adjusted earnings per share reached $1.55, exceeding the Street’s anticipated $1.48. However, the company’s outlook for the subs
  
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• Strattec Security Corporation Q4 2026 Earnings Call Summary

  27-08-2026 23:02 via rocketnews.com
  
  Strattec Security Corporation reported record annual revenue of $579.4 million, driven by disciplined pricing strategies, cost-reduction initiatives, and operational enhancements that offset challenging market conditions. The company expanded full-year gross margins by 150 basis points to 16.5%, aided by $6 million in restructuring savings realized during the fiscal year.
  The company underwent significant organizational changes, shifting its commercial approach from a reactive request-for-quote
  
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• Soybeans Posting Early Wednesday Strength

  27-08-2026 23:02 via rocketnews.com
  
  Soybean markets displayed strength during Wednesday trading, with futures contracts across the board registering gains. September 2026 soybeans closed at $12.28, up 12 cents, while November 2026 contracts finished at $12.37 3/4, up 13 1/2 cents. January 2027 soybeans closed at $12.52 1/4, up 14 cents. The nearby cash market rose 13 1/4 cents to $12.01 1/1, and new crop cash prices moved up 12 1/2 cents to $11.80 1/2.
  This strength followed considerable gains from the previous day, when futures
  
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• Semtech Corporation Q2 2027 Earnings Call Summary

  27-08-2026 23:02 via rocketnews.com
  
  Semtech Corporation reported strong financial performance in its Q2 2027 earnings period, highlighted by record data center revenue reaching $100 million, representing a 91% year-over-year increase. The growth was fueled by infrastructure buildouts for 800G and 1.6T architectures, with the company securing design-in status across every module provider in its target markets, often on exclusive bases.
  The company announced a strategic portfolio optimization through the sale of its cellular module
  
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• Revolut Launches Euro-Pegged EURR Stablecoin

  27-08-2026 23:02 via rocketnews.com
  
  Revolut initiated a rollout of EURR, a euro-backed stablecoin designed to maintain a value of €1, to customers in Denmark, Poland and Portugal. The token is integrated into Revolut’s retail app and enables customers to transfer between euros and cryptocurrency on-chain. The stablecoin will operate across multiple blockchains and maintain compatibility with external wallets.
  The token is issued by Bridge Building S.A., a Luxembourg entity regulated by the CSSF as both a crypto asset s
  
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• Intuit Inc. Q4 2026 Earnings Call Summary

  27-08-2026 23:02 via rocketnews.com
  
  Intuit management outlined a strategic repositioning focused on customer acquisition and artificial intelligence development during the company’s latest earnings discussion. The company acknowledged a significant slowdown in online paying customer growth, which reached only 3% during the fiscal year. In response, leadership is reallocating resources and investments toward expanding the customer base, particularly at lower price points to attract early-stage entrepreneurs and smaller busin
  
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• Corn Closing in on 3-year Highs

  27-08-2026 23:02 via rocketnews.com
  
  Corn futures demonstrated significant strength during the trading session, with prices advancing 3 to 5 cents in early Wednesday action as contracts approached their highest levels since August 2023. The upward momentum carried over from the previous session, when futures finished 7¾ to 10¼ cents higher. All actively traded contracts closed above the $5 threshold, signaling broad-based buying interest across the complex.
  Supporting factors for the rally included strength in wheat
  
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• United’s next decision: What to do with all those Boeing 737 Max 10 seats it ordered years ago

  27-08-2026 13:04 via rocketnews.com
  
  United Airlines must determine how to utilize a substantial inventory of premium seating designed for Boeing 737 Max 10 aircraft, which have been stored due to extended certification delays for the aircraft.
  In August 2018, United’s CEO Scott Kirby unveiled plans to deploy the Boeing 737 Max 10 with lie-flat premium seats on profitable transcontinental routes, with an expected service entry in 2020. However, the aircraft’s federal certification has been substantially delayed beyond
  
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• Siemens Energy Plans to Carve Out Transformation of Industry Unit

  27-08-2026 13:04 via rocketnews.com
  
  Siemens Energy announced preparations to legally and operationally separate its Transformation of Industry division, a significant move designed to reshape the German energy technology group’s strategic focus. The division currently employs approximately 17,000 people and generated €5.7 billion in revenue in fiscal 2025.
  Following the separation, Siemens Energy intends to establish the unit as an independent company and explore new ownership structures potentially involving outside i
  
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