Analyst news

• Penske Automotive Group, Inc. Q2 2026 Earnings Call Summary

  31-07-2026 13:01 via rocketnews.com
  
  Capital Power reported second quarter results driven by expansion of its PJM portfolio and recognition of Canadian Clean Tech ITC government grants, which contributed to an increase in AFFO to $328 million. The company increased its estimate of embedded annual adjusted EBITDA upside to $1.25 billion, driven by recontracting confidence and stronger Alberta merchant pricing expectations. Management noted that 2026 guidance assumes a heavy maintenance cycle, with 66% of planned outage days already
  
  Read more

• Starbucks raises full-year outlook as CEO tells CNBC the chain is winning back customer loyalty

  02-08-2026 13:02 via rocketnews.com
  
  Starbucks elevated its fiscal 2026 adjusted earnings per share outlook to a range of $2.55 to $2.65, compared with the prior guidance of $2.25 to $2.45. The company also increased projections for same-store sales growth, now expecting global increases of nearly 6% and U.S. growth exceeding 6%, up from previous forecasts of at least 5% for both metrics.
  The coffee chain reported third-quarter results that surpassed Wall Street expectations. Net income attributable to Starbucks reached $1.05 bill
  
  Read more

• Microsoft jumps 8% as it boosts capital spending plans, citing demand

  02-08-2026 13:02 via rocketnews.com
  
  Microsoft’s stock rose 8% in extended trading following the disclosure of financial results for the fiscal quarter ending June 30. The company reported revenue growth of approximately 18% year over year, with net income reaching $35.77 billion, or $4.81 per share, compared with $27.23 billion, or $3.65 per share, in the corresponding period a year earlier. The company benefited from a $3.2 billion gain tied to its investment in artificial intelligence firm Anthropic and lower-than-anticip
  
  Read more

• Meta’s stock drops on disappointing guidance, dwindling free cash flow

  02-08-2026 13:02 via rocketnews.com
  
  Meta shares fell in extended trading after the company provided a disappointing revenue outlook and reported a substantial decline in free cash flow. The technology firm projected quarterly revenue between $61 billion and $64 billion, with a midpoint of $62.5 billion, falling short of analyst expectations for $63.15 billion according to LSEG. The guidance acknowledged an approximate 1% currency headwind to year-over-year revenue growth based on current exchange rates.
  Daily active people across
  
  Read more

• Advertisement

• Chipotle stock jumps as chain hikes same-store sales forecast, says cyclospora fears hit sales in late July

  02-08-2026 13:02 via rocketnews.com
  
  Chipotle Mexican Grill announced an elevated outlook for same-store sales growth in 2026, shifting from a previous expectation of flat performance to projecting a low single digit percentage increase. The adjustment followed the company’s second-quarter results, which topped analyst expectations on both earnings and revenue metrics.
  The company reported second-quarter net income of $403.5 million, representing 32 cents per share, compared with $436.1 million or 32 cents per share in the y
  
  Read more

• US Treasury intervenes to support yen after Japan steps in, FT reports

  02-08-2026 13:01 via rocketnews.com
  
  The U.S. Treasury intervened in currency markets on Friday to support the yen, according to reporting by the Financial Times. The Federal Reserve Bank of New York executed sales of euros in exchange for yen on behalf of the Treasury through Goldman Sachs and Morgan Stanley, though the specific volume of the transaction was not disclosed. Earlier that day, the Treasury had alerted multiple banks to prepare for potential market intervention.
  A photograph of Treasury Secretary Scott Bessent’
  
  Read more

• Trumpflation Is Evolving Into a 3-Headed Monster, and Wall Street Will End Up Paying the Price

  02-08-2026 13:01 via rocketnews.com
  
  U.S. inflation has risen significantly above the Federal Reserve’s long-term 2% target, reaching 4.2% on a trailing 12-month basis in May before moderating slightly to 3.5% in June. The inflationary pressures stem from three primary sources, collectively referred to as Trumpflation.
  The first driver is the energy sector disruption resulting from geopolitical tensions. Following military actions in the region, Iran closed the Strait of Hormuz to most maritime traffic, halting the daily tra
  
  Read more

• Qualcomm to raise prices during memory crunch as chipmaker issues light earnings guidance

  02-08-2026 13:01 via rocketnews.com
  
  Qualcomm reported fiscal third-quarter earnings that met analyst expectations on Wednesday, though the company’s outlook for the following quarter proved less optimistic than anticipated. The semiconductor manufacturer attributed the conservative guidance to ongoing supply constraints affecting computer components, particularly memory chips. Share prices declined in after-hours trading following the announcement.
  Executive leadership outlined plans to mitigate margin compression through p
  
  Read more

• Advertisement

• J.P. Morgan drops Fed rate bombshell over Warsh, inflation

  02-08-2026 13:01 via rocketnews.com
  
  The Federal Reserve’s policy committee voted 9-3 on July 29 to maintain short-term benchmark interest rates steady, with the Personal Consumption Expenditure price index showing a month-over-month decline of 0.1% in June and a year-over-year decrease from 4.1% to 3.7%. However, Fed Chair Kevin Warsh’s remarks during his second Fed Day generated significant market concern by leaving questions unanswered regarding whether the PCE index would continue as the central bank’s prefer
  
  Read more

• Jersey Mike’s employees may see a 200% bonus post-IPO — how majority shareholder Blackstone is sharing profits

  02-08-2026 13:01 via rocketnews.com
  
  Jersey Mike’s Subs completed its initial public offering on July 30, achieving a valuation of approximately $7 billion. The sandwich chain, which began as a single shop purchased by founder Peter Cancro at age 17 and has since expanded to nearly 3,300 locations, marked a significant milestone as the first publicly traded company to emerge from Blackstone’s broad-based employee ownership initiative.
  Blackstone announced in May 2024 that all future U.S. private equity control investme
  
  Read more

• Carvana stock falls as auto retailer’s 2026 earnings guidance misses Wall Street’s expectations

  02-08-2026 13:01 via rocketnews.com
  
  Carvana experienced a significant decline in share price during after-hours trading following the release of its second-quarter results and full-year guidance. The company projected annual earnings between $2.7 billion and $3 billion, a figure that fell short of several Wall Street forecasts. Analyst estimates had ranged from $3 billion to $3.2 billion at Deutsche Bank and $4.45 billion at Morgan Stanley. The stock initially dropped more than 20% following the announcement, though it recovered
  
  Read more

• Silicon Motion Crushed Earnings and Surprised Memory Chip Bears

  01-08-2026 23:01 via rocketnews.com
  
  Silicon Motion Technology reported second-quarter financial results that exceeded analyst expectations, demonstrating robust demand in the memory chip sector. The company posted sales of $451 million, representing a 127% year-over-year increase and surpassing the $411 million guidance the company had provided during its first-quarter earnings report. Sequential growth reached 32% during the quarter.
  The company’s leadership indicated that momentum would extend well beyond the current year
  
  Read more

• JPMorgan Predicted Up to $8 Billion of Year-One XRP ETF Inflows. Here’s Why Inflows Are Stuck at $1.5 Billion

  01-08-2026 23:01 via rocketnews.com
  
  JPMorgan and Standard Chartered issued forecasts in early 2025 projecting that spot XRP exchange-traded funds would attract between $4 billion and $8 billion in their first year of trading. These estimates were based on historical inflow patterns observed in Bitcoin and Ethereum ETFs, which captured approximately 6% and 3% of their respective market capitalizations in their inaugural years. When XRP ETFs launched in mid-November, the predictions appeared potentially achievable, with the funds r
  
  Read more

• How Leopold Aschenbrenner built a $45 billion AI hedge fund — and lost most of it in days

  01-08-2026 23:01 via rocketnews.com
  
  Leopold Aschenbrenner, a former OpenAI researcher who gained prominence for his 165-page essay on artificial superintelligence, experienced a dramatic reversal of fortune this week when his AI-focused hedge fund faced significant losses. Situational Awareness, named after his viral June 2024 manifesto, had accumulated $45 billion in assets at its peak earlier in the month but was forced to divest substantially after margin pressures mounted.
  The fund’s collapse stemmed from exposure to le
  
  Read more

• Ford raises guidance after Q2 earnings beat, says F-Series recovery is on track

  01-08-2026 23:01 via rocketnews.com
  
  Ford Motor increased its full-year earnings forecast following second-quarter results that exceeded analyst expectations, despite reporting a revenue decline that marginally fell short of estimates. The Detroit automaker’s stock gained nearly 7% in after-hours trading following the announcement.
  The company raised its full-year adjusted earnings before interest and taxes to a range of $10 billion to $11 billion, up from the previous guidance of $8.5 billion to $10.5 billion. Ford also inc
  
  Read more

• This Chinese computer chip maker burned through $5 billion in a decade — then made it all back in a single quarter

  01-08-2026 13:01 via rocketnews.com
  
  ChangXin Memory Technologies (CXMT), a Chinese memory chip manufacturer based in Hefei, transitioned from sustained losses to profitability driven by surging demand for dynamic random-access memory (DRAM) from artificial intelligence data centers. The company had accumulated approximately $5 billion in losses over the preceding decade before experiencing a dramatic reversal in fortune.
  CXMT’s revenues expanded 700% between 2025 and 2026, generating $7.5 billion in revenues during the firs
  
  Read more

• The AI spending boom is weakening one of stocks’ biggest tailwinds: One Big Investment Idea

  01-08-2026 13:01 via rocketnews.com
  
  The financial landscape for stock investors is shifting as companies increasingly prioritize capital expenditures over share repurchases. For years, corporate buyback programs reduced the total number of outstanding shares, which mathematically increased earnings per share even when companies’ actual profits remained relatively flat. This mechanism served as a significant tailwind for stock valuations across the market.
  However, the calculation has changed. Despite companies continuing to
  
  Read more

• Global equity fund inflows surge to three week highs

  01-08-2026 13:01 via rocketnews.com
  
  Global equity funds experienced significant inflows during the week ending July 29, attracting net purchases of $27.21 billion according to LSEG Lipper data. This represented the largest weekly net purchase since July 8, reflecting renewed investor confidence in equities across multiple regions.
  U.S. equity funds led the recovery, drawing $11.83 billion in net inflows during the week. This reversed a combined outflow of $10.68 billion recorded over the previous two weeks. European equity funds
  
  Read more

• Coca-Cola Just Raised Its Full-Year Guidance. Here’s How Much $30,000 Invested Pays in Quarterly Dividends.

  01-08-2026 13:01 via rocketnews.com
  
  Coca-Cola delivered solid second-quarter financial results, generating $13.4 billion in revenue and reporting per-share earnings of $0.97 for the three-month period ending in June. Both figures surpassed analyst expectations, with revenue anticipated at just under $13.2 billion and earnings per share forecast at $0.93. Unit volume expanded 5% compared to the prior year, while profit margins experienced modest widening.
  Following the strong quarterly performance, the company elevated its full-ye
  
  Read more

• ADNOC Buys Five Supertankers as Hormuz Crisis Tightens Shipping

  01-08-2026 13:01 via rocketnews.com
  
  ADNOC Logistics and Services, the shipping subsidiary of Abu Dhabi’s national oil company, acquired five very large crude carriers from Frontline Plc in a transaction valued at roughly $590 million, according to reporting based on sources familiar with the arrangement. The purchase reflects efforts to enhance the company’s capacity to transport crude oil amid regional supply chain pressures.
  The UAE has substantially increased crude oil output following its departure from OPEC earli
  
  Read more

• Visa is cutting 7% of employees in efficiency push as AI reshapes work

  31-07-2026 23:01 via rocketnews.com
  
  Visa stated it would reduce its workforce by roughly 7%, affecting approximately 2,600 employees, primarily in technology and product operations divisions. The payments network operator, which employed about 34,100 people at the conclusion of its last fiscal year, initiated the reduction process to streamline operations and reallocate resources toward priority business areas.
  CEO Ryan McInerney characterized the restructuring as part of an evolution in how the company operates, noting that arti
  
  Read more

• Markets News, July 30, 2026: Indexes End Sharply Higher, Tech Shares Soar; Apple, Amazon Report

  31-07-2026 23:01 via rocketnews.com
  
  Stock markets staged a significant rebound on July 30, following a sharp decline the previous day. The tech-focused Nasdaq Composite closed 2.8% higher, the S&P 500 gained 1.7%, and the Dow Jones Industrial Average rose 1.2%, adding 600 points to recover from its worst day in 15 months.
  Technology shares led the rally after mixed earnings reports from major companies. Microsoft surged 16% to pace gains in the Dow after beating analyst expectations, pushing the company’s market value a
  
  Read more

• Greif acquires Spanish polymer container producer Envaplast

  31-07-2026 23:01 via rocketnews.com
  
  Greif Inc. reported fiscal third-quarter 2026 results showing operational improvements driven by cost discipline and execution, with net sales reaching $1.17 billion, representing a 3.5% increase compared to the same period last year. Net income rose to $81.6 million from $61 million in fiscal Q3 2025.
  President and Chief Executive Officer Ole Rosgaard attributed the gains to disciplined execution rather than strengthening market conditions. He highlighted several achievements, including adjust
  
  Read more

• GM confirms $157M investment in Wentzville Assembly plant

  31-07-2026 23:01 via rocketnews.com
  
  General Motors confirmed plans to invest $157 million in its Wentzville Assembly plant in Missouri, focused on modernizing the facility’s paint operations. The investment includes a comprehensive refurbishment of the existing paint shop, installation of new paint processing equipment, and a 28,000-square-foot expansion designed to enhance competitiveness and maintain the plant’s long-term viability.
  The Wentzville facility, which began operations in 1983, currently manufactures the
  
  Read more

• Fintech broker Clear Street offers investors pre-IPO access to $188 billion AI giant Databricks

  31-07-2026 23:01 via rocketnews.com
  
  Clear Street, a fintech startup focused on prime brokerage services, announced plans to introduce a new platform enabling accredited investors to purchase stakes in late-stage private companies before they transition to public markets. The platform will initially feature Databricks, an artificial intelligence software company, which was valued at $188 billion earlier in the month.
  The initiative responds to a broader market trend in which technology companies remain private for extended periods
  
  Read more

• CPKC income higher as revenue sets new second-quarter record

  31-07-2026 23:01 via rocketnews.com
  
  Canadian Pacific Kansas City achieved a second-quarter revenue milestone, reaching $3 billion with a 13% increase compared to the prior year period. Operating income advanced 10% to $1.06 billion, while adjusted earnings per share grew 13% to $0.91. The railway’s performance was anchored in strong shipments across grain, automotive, and energy-related sectors.
  Chief Executive Keith Creel attributed the results to the railway’s franchise strength and its position connecting Canada, t
  
  Read more

• Bristol Myers raises 2026 forecast as Eliquis, newer medicines power results

  31-07-2026 23:01 via rocketnews.com
  
  Bristol Myers Squibb announced raises to its full-year financial guidance following second-quarter performance that outpaced Wall Street projections. The pharmaceutical company reported quarterly revenue of $12.97 billion, representing a 6% increase year-over-year and exceeding the analyst consensus estimate of $11.75 billion. Adjusted earnings per share reached $2.04, surpassing expectations of $1.59.
  In response to the strong quarterly showing, the company elevated its full-year revenue forec
  
  Read more

• Bank of England holds rates but three dissenters vote for hike

  31-07-2026 23:01 via rocketnews.com
  
  The Bank of England’s monetary policy committee voted to hold interest rates steady at 3.75% for a fifth consecutive meeting, though three members dissented and called for an increase. Catherine Mann joined Megan Greene and Huw Pill in supporting a rate rise, compared with a 7-2 split favoring higher rates at the previous decision.
  The decision came as tensions in the Middle East raised concerns about potential inflation shocks to the UK economy. While inflation had declined to 2.6%, the
  
  Read more

• How to Trade Commodities: A Beginner's Guide

  31-07-2026 17:25 via litefinance.org
  
  Many people think commodity trading is mainly about analyzing seasonal trends. In reality, the most popular commodities are highly liquid, making them suitable for intraday trading and even scalping. Thanks to the liquidity of commodity futures, traders can profit from short-term price movements with almost any amount of capital.The commodity market includes fuel, industrial raw materials, agricultural products, and precious metals. Their high volatility creates trading opportunities across all
  
  Read more

• XAU/USD: Elliott Wave Analysis and Forecast for 31.07.26–07.08.26

  31-07-2026 14:20 via litefinance.org
  
  Major Takeaways Main scenario: Consider long positions from corrections above 3,989.50 with a target of 4,900.00–5,610.00. A buy signal: the price holds above 3,989.50. Stop Loss: below 3,920.00, Take Profit: 4,900.00–5,610.00. Alternative scenario: Breakout and consolidation below 3,989.50 will allow the asset to continue declining to the levels of 3,720.00–3,290.55. A sell signal: the level of 3,989.50 is broken to the downside. Stop Loss: above 4,060.00, Take Profit: 3,720.0
  
  Read more

Follow @news_analyst on Twitter!