Analyst news

• Trucker in Texas denies knowing immigrants were in stifling tractor trailer

  25-07-2017 04:34 via yahoo.com
  By Jim ForsythSAN ANTONIO, Texas (Reuters) - The truck driver accused of smuggling at least 100 illegal immigrants inside a sweltering tractor-trailer, 10 of whom died, has said he was unaware of the human cargo he was hauling until he took a rest stop in Texas, court papers showed on Monday.James Bradley Jr., 60, told investigators he was caught by surprise when he opened the trailer doors outside a Walmart store in San Antonio, only to be knocked down by a group of "Spanish" people pouring out
  
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• What Is an ICT Rejection Block and How to Trade It?

  03-08-2026 15:26 via litefinance.org
  
  The ICT Rejection Block is a price action pattern employed in the Inner Circle Trader (ICT) and Smart Money Concepts (SMC) trading methods. It is defined by a candlestick with a prominent wick. Since the pattern is easy to identify and comes with clear trading rules, novice traders use it in their strategies to pinpoint entry points.This article explains what the ICT Rejection Block is, how it forms, how to spot it on a chart, and how to use it effectively.Major TakeawaysThe ICT Rejection Block
  
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• What Is a Tokenized Stock? From Fractionalized Shares to Perpetual Contracts

  03-08-2026 14:40 via litefinance.org
  
  Imagine buying a fraction of a Tesla share for the price of a cup of coffee and trading it at 3 a.m. while stock exchanges are closed. Sounds impossible? At first glance, yes. However, a technology combining blockchain and traditional finance has made it possible.Welcome to the world of tokenized stocks, where the boundaries between traditional equity markets and the cryptocurrency market are disappearing. The tokenization of real-world assets (RWAs) is one of the few trends with the potential t
  
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• World cotton trade to reach 10.3m tonnes by 2028/29

  03-08-2026 13:02 via rocketnews.com
  
  The International Cotton Advisory Committee forecasts that worldwide cotton trade will expand over the coming years, reaching approximately 10.3 million tonnes by 2028/29, compared with 9.4 million tonnes in the 2025/26 season. This trajectory reflects a complex dynamic between production capabilities, consumption patterns, and inventory management across global markets.
  In 2026/27, world cotton production is anticipated to decline by 2% to 25.8 million tonnes, while global consumption is proje
  
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• Why flights are so expensive and will likely stay that way

  03-08-2026 13:02 via rocketnews.com
  
  Domestic airfares in the United States experienced a significant increase, with fares in June up 26.5% compared with the prior year, according to federal data. Major airline carriers reported to Wall Street analysts that they anticipate maintaining elevated pricing power through the rest of the year and potentially beyond, as consumers continue booking travel despite the higher fares. Southwest Airlines’ average one-way fare reached $225.61 in the second quarter, compared with $186.65 dur
  
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• ‘The Odyssey’ extends stay in 70 mm Imax theaters as shows sell out weeks in advance

  03-08-2026 13:02 via rocketnews.com
  
  Universal and Imax announced an extension of 70 mm screenings for Christopher Nolan’s “The Odyssey” into mid-September as ticket demand continued to outpace availability. Moviegoers have been purchasing seats rapidly to experience the film in its original aspect ratio and on physical film stock, the format in which Nolan shot the production.
  The scarcity of suitable venues has contributed to the surge in demand. Only 25 screens across the United States and 41 locations globall
  
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• ‘Spider-Man: Brand New Day’ sets domestic box office preview record with $72 million

  03-08-2026 13:02 via rocketnews.com
  
  Sony and Marvel’s “Spider-Man: Brand New Day” established a new domestic box office milestone by generating $72 million in preview ticket sales ahead of its opening weekend. The figure exceeded the previous record of $60 million set by “Avengers: Endgame” in 2019, marking an unprecedented achievement for early screenings in Hollywood history.
  The film, starring Tom Holland, benefited from Wednesday early access screenings and Thursday night previews. Industry analy
  
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• South Africa issues draft rules for cross-border crypto

  03-08-2026 13:02 via rocketnews.com
  
  South Africa advanced its regulatory framework for digital assets on Monday through the publication of draft guidelines addressing cross-border cryptocurrency movements. The National Treasury and South African Reserve Bank jointly released the Crypto Asset Manual, establishing the first formal rules regarding when transfers of crypto across borders qualify as regulated and reportable events. The guidelines build upon a broader revision of the country’s capital controls framework that was
  
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• Rivian reduces 2026 spending plans, narrows earnings guidance

  03-08-2026 13:02 via rocketnews.com
  
  Rivian Automotive adjusted its financial guidance for the year, lowering capital expenditure projections and narrowing expected losses during second-quarter earnings disclosure. The company revised adjusted loss guidance to a range of $1.8 billion to $2 billion, compared with the previous forecast of $1.8 billion to $2.1 billion. Capital expenditure guidance was reduced to $1.7 billion to $1.8 billion from an earlier range of $1.95 billion to $2.05 billion, representing approximately $250 milli
  
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• Auditeo sued by ASIC over alleged First Guardian audit failures

  03-08-2026 13:02 via rocketnews.com
  
  The Australian Securities and Investments Commission has initiated legal action in Federal Court against Auditeo Australia, lead auditor Ajm Didarul Islam Khan, and auditor Brian Robert Taylor regarding their handling of audits for the First Guardian Master Fund. The regulator contends that unqualified audit reports issued for First Guardian, a managed investment scheme, and its compliance plan across the 2020–24 financial years were materially misleading and constituted breaches of the C
  
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• Amazon hikes 2026 capex to $220 billion due to higher memory costs

  03-08-2026 13:02 via rocketnews.com
  
  Amazon reported robust results for the second quarter, driven by strong performance in its cloud division and artificial intelligence initiatives. The company’s cloud segment experienced significant expansion, with revenue climbing 37% compared to the same period the previous year, marking the unit’s fastest growth rate since 2021. This performance exceeded Wall Street expectations of 31% growth and reflected substantial demand for the company’s cloud services and AI capabilit
  
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• US, Japan, and South Korea Join Forces to Support Yen. Forecast as of 03.08.2026

  03-08-2026 12:43 via litefinance.org
  
  Over the past few weeks, the USD/JPY pair has been trading amid concerns about potential currency interventions. Eventually, the Forex market saw them happen. The coordinated intervention was meant to further temper speculators. Let's discuss this topic and develop a trading plan.Major Takeaways The yen was supported by a coordinated intervention. The Bank of Japan's sluggish response is helping the USD/JPY. The US does not want to allow Treasury yields to rise. Long positions can be considered
  
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• Short-Term Analysis for Oil, Gold, and EURUSD for 03.08.2026

  03-08-2026 09:58 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.Gold continues to trade in a short-term downtrend.Major Takeaways USCrude: Oil declined from the boundary of the short-term downtrend at 83.57–82.99. XAUUSD: Gold is moving lower, targeting 3,959. EURUSD: The euro opened today with a gap from Friday's
  
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• Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 03.08.2026

  03-08-2026 09:34 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: The price continues to decline in the fifth part of an impulse. Consider short positions with a Take Profit at 57,662.00. XRPUSD: The price is declining in the final impulse wave of the zigzag pattern. Consider short positions with a Take Profit at 0.999. ETHUSD: The price is moving lower in a bearish impulse wave. Short positions can be considered w
  
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• US Dollar Falls After US-Japan Yen Intervention. Forecast as of 03.08.2026

  03-08-2026 08:29 via litefinance.org
  
  The market has a long memory. Whenever comparisons are made to the 1985 Plaza Accord, expectations of coordinated intervention tend to spark selling of the US dollar—not only against the Japanese yen, but across a broad range of global currencies. Let's examine the situation and develop a trading plan for the EUR/USD pair.Major Takeaways Fed officials are ready to raise rates. The US has returned to diplomacy in the Middle East. Currency interventions have weakened the dollar. Long positio
  
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• What Does Planet Labs CFO Ashley Johnson’s Sale of Shares Worth $2.4 Million Mean for Investors?

  02-08-2026 23:02 via rocketnews.com
  
  Ashley F. Johnson, President and Chief Financial Officer of Planet Labs PBC, executed a stock sale on July 23, 2026, disposing of roughly 110,000 shares of Class A Common Stock for a combined value of $2.4 million. The transaction was completed at a weighted average price of $22.08 per share, with the sale comprised of both directly held shares and shares held indirectly through a revocable trust structure.
  The sale was conducted under a Rule 10b5-1 trading plan that had been established on Apr
  
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• Three GlobalFoundries Directors Posted Insider Transactions on the Same Day. Here’s What It Actually Means

  02-08-2026 23:02 via rocketnews.com
  
  Camilla Languille, a director of GlobalFoundries Inc., reported the disposition of 1,671 shares on July 29, 2026, according to SEC filings. The transaction was valued at approximately $81,912. Following the sale, Languille directly held 7,559 ordinary shares, with an additional 8,526 restricted stock units scheduled to vest in tranches through July 2027, contingent on continued service.
  The share disposition occurred through a non-discretionary mechanism wherein GlobalFoundries withheld shares
  
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• Rolls-Royce CEO says major hyperscaler nuclear deal is imminent as data center demand soars

  02-08-2026 23:02 via rocketnews.com
  
  Rolls-Royce is expanding its presence in the artificial intelligence infrastructure market through its power systems division, with leadership indicating that significant customer agreements with major data center operators are on the horizon. Chief Executive Tufan Erginbilgic stated during an analyst call that the company anticipates internal approval for a major hyperscaler framework agreement early the following week and is already accepting orders for data center applications intended for 2
  
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• Meta sinks 8%, continuing record losing streak, while Microsoft jumps 15% as AI trade splits

  02-08-2026 23:02 via rocketnews.com
  
  Microsoft posted fourth-quarter fiscal results that exceeded analyst expectations, driving a significant rally in its stock price on Thursday. The company reported revenue that beat forecasts and achieved 43% growth in its Azure cloud division, which also outperformed market projections. The software giant noted that its Microsoft 365 Copilot AI assistant had accumulated over 30 million paid seats, representing an increase from more than 20 million in April. Industry analysts highlighted that M
  
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• Jeep maker Stellantis swings to profit on rising demand in North America

  02-08-2026 23:02 via rocketnews.com
  
  Stellantis reported a return to profitability in the second quarter, with the multinational automaker posting net profit of 293 million euros compared to a loss of 1.87 billion euros in the same period a year earlier. The swing to profitability was driven by rising demand in North America, and the company indicated early signs of benefitting from Chief Executive Officer Antonio Filosa’s restructuring initiatives.
  Adjusted operating income more than tripled to 773 million euros in the Apri
  
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• Humana tops quarterly estimates, maintains profit outlook as medical costs stay in line

  02-08-2026 23:02 via rocketnews.com
  
  Humana released second-quarter financial results that surpassed analyst expectations, driven by solid performance across its insurance operations and CenterWell healthcare services division. The health insurer reported net income of $694 million, or $5.73 per share, compared with $545 million, or $4.51 per share, in the prior-year period. On an adjusted basis excluding amortization and impairment charges, the company earned $7.61 per share. Revenue increased to $40.87 billion from $32.39 billio
  
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• How NBCUniversal’s deal with YouTube could jump-start the next chapter of the streaming wars

  02-08-2026 23:02 via rocketnews.com
  
  NBCUniversal reached an agreement with YouTube Premium to integrate Peacock content into YouTube’s subscription offering, starting early next year. Under the arrangement, YouTube Premium subscribers in the United States will gain access to Peacock Premium programming at no additional cost beyond their existing $15.99-per-month subscription. This integration will make Peacock content, including shows such as “Love Island USA” and the Real Housewives franchise, directly accessib
  
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• GlobalFoundries Stock Has Slid Below $50. What an Insider Filing Does and Doesn’t Tell You

  02-08-2026 23:02 via rocketnews.com
  
  Marc Antaki, a director of GlobalFoundries Inc., executed a sale of 1,671 ordinary shares on July 29, 2026, at a weighted average price of $49.02 per share. The transaction was non-discretionary, conducted to cover tax withholding obligations associated with the vesting and settlement of restricted stock units. Following the sale, Antaki retained 9,202 shares held directly and had approximately 9,262 unvested RSUs with settlement tranches scheduled for April and July 2027.
  GlobalFoundries opera
  
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• CoreWeave Just Scored a Leidos Partnership. What That Means for CRWV Stock Here.

  02-08-2026 23:01 via rocketnews.com
  
  CoreWeave announced a partnership with Leidos Holdings to deliver artificial intelligence cloud services to United States federal agencies, enabling them to deploy and operate AI infrastructure at scale. The agreement specifically addresses requirements from the U.S. Intelligence Community and Department of Defense, marking an expansion of CoreWeave’s addressable market beyond its existing commercial customer base.
  The stock responded positively to the announcement, rising 21.5% intraday
  
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• 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
  
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• 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
  
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• 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
  
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• 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
  
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• 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’
  
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• 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
  
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