• Phoenix police say they caught man who killed nine in serial shootings

    Phoenix police say they caught man who killed nine in serial shootings
    Aaron Saucedo, 23, was arrested in April and later charged with murder in connection with the first of the killings, which occurred in August 2015, is shown in this image released by Maricopa County Sheriff’s Office in Arizona, U.S. on May 8, 2017. Courtesy Maricopa County Sheriff’s Office/Handout via REUTERS
    MoreBy David Schwartz
    PHOENIX (Reuters) – A 23-year-old man suspected of killing eight people over seven months in a string of serial shootings in Phoenix in 2016 is alre
  • Walmart stock tumbles 9% after outlook disappoints Wall Street

    Walmart stock tumbles 9% after outlook disappoints Wall Street
    Walmart reported quarterly results that mixed strong headline numbers with investor disappointment Thursday. The company posted net revenue of $187.94 billion, up from $177.40 billion in the year-earlier period, and raised its full-year sales guidance to between 4% and 5% growth compared with prior expectations of 3.5% to 4.5%. However, the stock declined approximately 9% as Wall Street focused on softer-than-expected comparable sales metrics.
    Quarterly comparable sales growth of 2.6% in the U.
  • Crypto shares climb after Treasury’s doubled buybacks boost risk assets

    Crypto shares climb after Treasury’s doubled buybacks boost risk assets
    Cryptocurrency-linked equities climbed on Thursday following a combination of Treasury Department actions and political developments supporting the sector. The U.S. Treasury announced it would double buyback sizes for long-duration debt instruments, a move taken after a significant bond selloff had driven the 30-year Treasury yield to levels unseen since 2007. While analysts noted the intervention offered modest and short-lived relief in the bond market, it conveyed a positive signal for risk a
  • Gains in AI company stakes juice second-quarter earnings for S&P 500

    Gains in AI company stakes juice second-quarter earnings for S&P 500
    S&P 500 companies concluded second-quarter earnings reporting with aggregate profit growth of 52% compared to the prior year, according to data released on August 20. The technology sector led the advance with a 74% profit increase. Much of this growth stemmed from substantial mark-to-market gains recognized by major corporations on their investment portfolios.
    Alphabet recorded a $77.1 billion unrealized gain on equity securities during the quarter, while Amazon recognized $53.4 billion in
  • Advertisement

  • Cancer vaccine win restores Wall Street’s faith in Moderna

    Cancer vaccine win restores Wall Street’s faith in Moderna
    Moderna and Merck announced positive Phase 3 trial results for intismeran, an individualized cancer vaccine designed to work alongside the immunotherapy Keytruda in melanoma patients following surgery. The announcement triggered substantial market enthusiasm, with Moderna shares rising more than 170% in a single day, adding nearly $45 billion to the company’s market capitalization. Partner Merck’s shares and those of rival BioNTech, which develops similar vaccine technology, also ex
  • XAU/USD: Elliott Wave Analysis and Forecast for 21.08.26–28.08.26

    XAU/USD: Elliott Wave Analysis and Forecast for 21.08.26–28.08.26
    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 price holds 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: above 4,385.00, Take Profit: 4,003.2
  • WTI Crude Oil: Elliott Wave Analysis and Forecast for 21.08.26–28.08.26

    WTI Crude Oil: Elliott Wave Analysis and Forecast for 21.08.26–28.08.26
    Major Takeaways Main scenario: Consider long positions from corrections above 79.17 with a target of 105.17–115.50. A buy signal: the price holds above 79.17. Stop Loss: below 77.60, Take Profit: 105.17–115.50. Alternative scenario: Breakout and consolidation below 79.17 will allow the asset to continue declining to the levels of 67.00–58.50. A sell signal: the level of 79.17 is broken to the downside. Stop Loss: above 80.80, Take Profit: 67.00–58.50.Main ScenarioConsider
  • USD/JPY: Elliott Wave Analysis and Forecast for 21.08.26–28.08.26

    USD/JPY: Elliott Wave Analysis and Forecast for 21.08.26–28.08.26
    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 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 upside. S
  • Advertisement

  • Capricor (CAPR) Closed 58% Higher on an FDA Lifeline. Is Approval Really Back on Track?

    Capricor (CAPR) Closed 58% Higher on an FDA Lifeline. Is Approval Really Back on Track?
    Capricor Therapeutics, Inc. shares closed 58% higher at $6.65 on August 14 following an announcement that the FDA would review an amendment containing 24-month data for deramiocel, its experimental Duchenne muscular dystrophy treatment. The stock had risen as much as 94% intraday before retracing some gains. The move represented a partial recovery from earlier losses sustained after an advisory panel voted 9-3 that available evidence did not establish deramiocel’s effectiveness for Duchen
  • XP Inc. (XP) Beat Estimates. Is a U.S. Banking Operation Growth or Distraction?

    XP Inc. (XP) Beat Estimates. Is a U.S. Banking Operation Growth or Distraction?
    XP Inc. delivered financial results that exceeded consensus expectations, with managerial net revenue totaling R$4.884 billion, representing a 9% increase year-over-year. Adjusted net income rose 5% to R$1.384 billion, while adjusted diluted earnings per share climbed 9% to R$2.67. Despite the earnings beat, shares retreated approximately 1% in after-hours trading on August 17.
    CEO Thiago Maffra highlighted a significant strategic initiative under consideration: the potential establishment of a
  • Reddit (RDDT) Jumped 13% on S&P 500 Inclusion. Will Index Demand Hold the Gain?

    Reddit (RDDT) Jumped 13% on S&P 500 Inclusion. Will Index Demand Hold the Gain?
    Reddit, Inc. shares rose 12.6% to $178.09 following the announcement that the company would be added to the S&P 500 before trading began later that week. J.P. Morgan estimated that index-tracking funds would need exposure equivalent to approximately 16.7 million Reddit shares, representing nearly three times the company’s average daily trading volume of 5.98 million shares since its initial public offering in March 2024.
    The addition creates measurable near-term demand for the stock,
  • L3Harris (LHX) Reaffirmed Guidance After Replacing Its CEO. Why Did Shares Fall 4.6%?

    L3Harris (LHX) Reaffirmed Guidance After Replacing Its CEO. Why Did Shares Fall 4.6%?
    L3Harris Technologies experienced a significant stock decline on August 17 after announcing the departure of Chairman and CEO Christopher Kubasik. The board investigation that prompted the removal determined his conduct violated company values outlined in its Code of Conduct, though the company specified the matter was unrelated to financial reporting, internal controls, customer relationships, or operational performance.
    Sam Mehta assumed the role of president and CEO immediately following Kub
  • Japan’s exports surge on chips demand, imports hit record on oil costs

    Japan’s exports surge on chips demand, imports hit record on oil costs
    Japan experienced a surge in both imports and exports during July, with trade data released on Thursday showing significant year-on-year increases across major categories. Import values grew 27.8% compared with the same period last year, reaching 12.1 trillion yen, marking the second consecutive monthly record and exceeding market expectations for a 26.5% increase. The expansion was driven primarily by elevated energy costs, as crude oil import volumes rose 5.5% from a year earlier—the fi
  • Fabrinet (FN) Beat Earnings. Why Did Shares Fall 7% After Hours?

    Fabrinet (FN) Beat Earnings. Why Did Shares Fall 7% After Hours?
    Fabrinet reported record fiscal fourth-quarter revenue of $1.316 billion, representing 45% growth year-over-year, and delivered non-GAAP earnings per share of $4.10. Both figures exceeded consensus expectations, with analysts having projected approximately $1.27 billion in revenue and $3.81 in EPS. The company also provided forward guidance well above market expectations, projecting first-quarter revenue between $1.375 billion and $1.425 billion alongside non-GAAP EPS guidance of $4.10 to $4.25
  • Copper Just Overtook Iron Ore at BHP Group (BHP). Is Its Portfolio Finally Re-Rating?

    Copper Just Overtook Iron Ore at BHP Group (BHP). Is Its Portfolio Finally Re-Rating?
    BHP Group Limited reported that copper has become its largest earnings contributor, generating $18.19 billion of underlying EBITDA in the year ended June 30 and overtaking iron ore’s $14.53 billion. The company’s underlying attributable profit rose 30% to $13.2 billion, exceeding consensus estimates of $12.66 billion. Australian shares climbed as much as 4.2% to a two-month high following the announcement.
    The company strengthened its financial position by reducing net debt to $8.69
  • GBP/USD: Elliott Wave Analysis and Forecast for 21.08.26–28.08.26

    GBP/USD: Elliott Wave Analysis and Forecast for 21.08.26–28.08.26
    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
  • Gold Has Found Its Niche. Forecast as of 21.08.2026

    Gold Has Found Its Niche. Forecast as of 21.08.2026
    When confidence in currencies, bonds, and the authorities that issue them declines, demand for decentralized finance rises. Against this backdrop, the success of gold and Bitcoin should come as no surprise. Let's discuss this topic and outline a trading plan for XAU/USD.Major Takeaways Gold is rising along with Treasury yields. The debasement trade is fueling the XAUUSD rally. Gold hit record highs during periods of QE. Buying XAU/USD remains relevant, with targets at 5,000 and 5,200.Monthly Fun
  • EUR/USD: Elliott Wave Analysis and Forecast for 21.08.26–28.08.26

    EUR/USD: Elliott Wave Analysis and Forecast for 21.08.26–28.08.26
    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
  • USD/CHF: Elliott Wave Analysis and Forecast for 21.08.26–28.08.26

    USD/CHF: Elliott Wave Analysis and Forecast for 21.08.26–28.08.26
    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 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 0.8095, Take Profit: 0.8400&nda
  • USD/CAD: Elliott Wave Analysis and Forecast for 21.08.26–28.08.26

    USD/CAD: Elliott Wave Analysis and Forecast for 21.08.26–28.08.26
    Major Takeaways Main scenario: Consider short positions from corrections below the level of 1.3900 with a target of 1.3548–1.3400. A sell signal: the price holds below 1.3900. Stop Loss: above 1.3940, Take Profit: 1.3548–1.3400. Alternative scenario: Breakout and consolidation above the level of 1.3900 will allow the pair to continue rising to the levels of 1.4085–1.4250. A buy signal: the level of 1.3900 is broken to the upside. Stop Loss: below 1.3860, Take Profit: 1.4085&nda
  • Short-Term Analysis for Oil, Gold, and EURUSD for 21.08.2026

    Short-Term Analysis for Oil, Gold, and EURUSD for 21.08.2026
    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's short-term uptrend continues.Major Takeaways USCrude: Oil is testing the Target Zone of 86.82–85.61. XAUUSD: Gold is approaching the Gold Zone 2 of 4,585–4,575. EURUSD: The euro has pierced the Gold Zone of 1.1668–1.1660.Oil Pri
  • US Dollar May Fall Prey to Fed–Treasury Clash. Forecast as of 21.08.2026

    US Dollar May Fall Prey to Fed–Treasury Clash. Forecast as of 21.08.2026
    The US appears to be following in Japan's footsteps. By attempting to control yields, the Treasury risks weakening the US dollar, as bond-market spreads may no longer support the greenback. Let's examine these developments and develop a trading plan for the EUR/USD.Major Takeaways The Treasury plans to lower Treasury yields. The Fed risks losing credibility. The government's policy clashes with the central bank. Short positions on the EUR/USD can be considered below 1.167.Weekly Fundamental Fore
  • Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 21.08.2026

    Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 21.08.2026
    Dear readers,I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on Elliott Wave analysis.Major Takeaways BTCUSD: Expect a decline in an impulse wave 5. Consider short positions with a Take Profit at 57,654.73. XRPUSD: The price may fall in a bearish impulse wave. Consider short positions with a Take Profit at 0.981. ETHUSD: A new bearish wave is projected to develop. Consider short positions with a Take Profit at 1,505.30.Elliott Wave Analysis for BitcoinThe cu
  • Toll Brothers, Inc. Q3 2026 Earnings Call Summary

    Toll Brothers, Inc. Q3 2026 Earnings Call Summary
    Toll Brothers delivered results reflecting a strategic emphasis on pricing discipline and margin enhancement rather than sales volume growth. The company’s performance was bolstered by strength in its luxury move-up segment, which generated 61% of total revenue and attracted affluent customers with high incomes, substantial home equity, and reduced sensitivity to mortgage rate fluctuations.
    The builder successfully reduced finished spec inventory to 1.9 homes per community while pursuing
  • La-Z-Boy Incorporated Q1 2027 Earnings Call Summary

    La-Z-Boy Incorporated Q1 2027 Earnings Call Summary
    La-Z-Boy Incorporated reported results from its first quarter operations, which included mixed performance across its business segments. The retail division achieved 10% growth, supported by an aggressive expansion strategy and selective acquisitions that helped counterbalance industry-wide furniture market softness. Positive same-store sales of 3% reflected operational improvements, particularly stronger in-store conversion rates and higher average transaction values.
    Wholesale operations enco
  • Auna S.A. Q2 2026 Earnings Call Summary

    Auna S.A. Q2 2026 Earnings Call Summary
    Auna S.A. released results for the second quarter of 2026, showing consolidated revenue growth of 9% fueled by a strategic shift toward higher-complexity service offerings. The company achieved a 20% sequential increase in oncology treatments in Mexico, reflecting its focus on specialized medical services across its operating regions.
    Adjusted EBITDA declined 9% during the period, primarily attributable to temporary margin pressures stemming from investments in medical leadership talent in Mexi
  • TOYO Shares Slide After Second-Quarter Earnings and Revenue Miss Forecasts

    TOYO Shares Slide After Second-Quarter Earnings and Revenue Miss Forecasts
    TOYO Co., Ltd reported second-quarter results that fell short of Wall Street expectations, prompting a significant decline in share value. The solar solutions company’s adjusted earnings per share reached $0.45, representing a miss of $0.24 against the analyst consensus estimate of $0.69. Quarterly revenue totaled $118.2 million, substantially underperforming the forecasted $204.6 million.
    Despite the quarterly shortfall, TOYO demonstrated considerable year-over-year improvement. Second-q
  • Parsons Corp Sees Insider Buying as George Ball Invests in 20,000 Shares

    Parsons Corp Sees Insider Buying as George Ball Invests in 20,000 Shares
    George L. Ball, Director at Parsons Corporation (NYSE: PSN), acquired 20,000 shares of common stock at a weighted-average price of $47.97 per share on Aug. 7, 2026, according to an SEC Form 4 filing. The transaction was valued at approximately $959,000 and increased Ball’s direct shareholding to 170,383 shares, representing a 13% expansion of his directly held position.
    Following the purchase, Ball’s total beneficial ownership across direct and indirect holdings reached 375,383 shar
  • Marvell gives Google option to buy $12.2 billion stake in custom AI chip deal

    Marvell gives Google option to buy $12.2 billion stake in custom AI chip deal
    Marvell Technology announced a partnership with Google to develop custom artificial intelligence chips, with the arrangement including an option for Google to purchase a substantial stake in the chipmaker. The potential stake purchase was valued at $12.2 billion and would be exercised through a warrant allowing Google to acquire up to 58.97 million Marvell shares at $206.58 per share. If Google exercises this option fully, it would become the fifth-largest investor in Marvell.
    Marvell’s s
  • India rate panel signals impending hikes, eyes inflation path to gauge timing

    India rate panel signals impending hikes, eyes inflation path to gauge timing
    India’s monetary policy committee indicated readiness for potential rate increases in coming months, according to meeting minutes released on Wednesday. The panel unanimously voted to maintain the policy repo rate at 5.25% earlier in the month while keeping its monetary policy stance neutral, but left scope for tightening if inflation risks materialized.
    Headline consumer inflation stood at 4.45% in July, comfortably within the Reserve Bank of India’s 2-6% tolerance band, with the c

Follow @news_analyst on Twitter!