• UPDATE 3-Cognizant forecasts slowest revenue growth in 14 years

    UPDATE 3-Cognizant forecasts slowest revenue growth in 14 years
    * Shares fall as much as 8.7 pct in early trading (Adds executive comment, details; updates shares)
  • Imax says it’s open to a sale. Why is no one buying?

    Imax says it’s open to a sale. Why is no one buying?
    Imax indicated openness to a potential sale in December, and nearly nine months later the company has achieved significant operational milestones. The company’s stock reached an all-time high, and box office performance has set records as the year progresses. However, despite these achievements, no major suitors have come forward with formal acquisition proposals. The company held preliminary discussions with potential buyers earlier in the year, but as of May had not received any officia
  • Loss of Costco deal helps push beverage brand into Chapter 11

    Loss of Costco deal helps push beverage brand into Chapter 11
    Synergy CHC Corp., a publicly traded consumer health company based in Sebago, Maine, filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of Columbia. The company markets Focus Factor, a brain health supplement and functional beverage line with a 25-year operating history, along with the Flat Tummy wellness brand. Focus Factor products had been distributed through major retailers including Walmart, Amazon, BJ’s, and Walgreens across the U.S., Canada, and Mexico.
    T
  • Goodyear burning rubber and cash as turnaround plan continues

    Goodyear burning rubber and cash as turnaround plan continues
    Goodyear Tire & Rubber is progressing through its “Goodyear Forward” turnaround initiative under CEO Mark Stewart, who joined the company from Stellantis in January 2024. The company is attempting to enhance its brand appeal and financial performance through retail experience upgrades and operational restructuring, as evidenced by a newly renovated Detroit store unveiled at a private event near the Woodward Dream Cruise.
    Despite achievements in executing turnaround milestones, G
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  • ChargePoint (CHPT) Posts Strong Q2 Results, But Q3 Outlook Raises Concerns

    ChargePoint (CHPT) Posts Strong Q2 Results, But Q3 Outlook Raises Concerns
    ChargePoint Holdings reported second-quarter results on September 2 that exceeded analyst expectations on both revenue and profitability metrics. The company generated $116.1 million in revenue, surpassing the consensus estimate of $105.2 million and marking an 18% increase from the prior year. The adjusted loss per share came in at 35 cents, significantly better than the anticipated loss of 85 cents per share.
    The company’s performance was driven by strength in multiple business segments
  • Bitcoin ETFs Took In $731 Million in a Day While XRP ETF Inflows Fell 83% in a Week. Is Money Rotating to Bitcoin?

    Bitcoin ETFs Took In $731 Million in a Day While XRP ETF Inflows Fell 83% in a Week. Is Money Rotating to Bitcoin?
    Bitcoin spot ETFs that trade directly on exchanges took in $731 million on September 3, marking their strongest performance since January 14. BlackRock’s IBIT fund accounted for $454 million of this total. This inflow occurred as part of a three-week streak totaling $3.8 billion, representing the strongest consecutive period for Bitcoin ETFs during 2026.
    In contrast, XRP spot ETFs received $19 million during the week ending September 5, down 83% from $110.5 million the previous week. Ethe
  • Why Gartner Stock Skyrocketed 31.2% Last Month

    Why Gartner Stock Skyrocketed 31.2% Last Month
    Gartner shares experienced significant appreciation during August, advancing 31.2% for the month according to S&P Global Market Intelligence data. The broader equities market provided a supportive environment, with the S&P 500 gaining 2.6% and the Nasdaq Composite rising 3.9% during the same period. However, the company’s quarterly earnings announcement served as the primary driver of the stock’s outsized performance.
    The research and information services firm released its s
  • BioNTech Shares Fall After BMO Downgrade and Price Target Cut

    BioNTech Shares Fall After BMO Downgrade and Price Target Cut
    BioNTech SE shares declined in premarket trading following a downgrade from BMO Capital Markets. The analyst firm lowered its rating from Outperform to Market Perform and reduced its price target to $105 from $128, citing weakened global demand for COVID-19 vaccines and ongoing inventory reductions in Germany as primary factors influencing the revised assessment.
    The downgrade action arrived in the wake of clinical developments announced in late August. BioNTech and Roche’s Genentech unit
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  • Zim Integrated Shipping Shares Rise as Hapag-Lloyd Revises Takeover Proposal

    Zim Integrated Shipping Shares Rise as Hapag-Lloyd Revises Takeover Proposal
    Zim Integrated Shipping shares moved higher in premarket trading on Tuesday after Hapag-Lloyd and FIMI indicated they would modify their proposed acquisition of the Israeli shipping company. The announcement came following discussions between the parties and Israeli government officials regarding the transaction.
    Hapag-Lloyd had previously announced on Monday that it was collaborating with the Israeli government to develop changes to its cash acquisition proposal, which carried a valuation of $
  • Weeks After Nancy Pelosi Disclosed A $3 Million Bet, Bloom Energy Is Joining The S&P 500 And The Stock Is Soaring

    Weeks After Nancy Pelosi Disclosed A $3 Million Bet, Bloom Energy Is Joining The S&P 500 And The Stock Is Soaring
    Bloom Energy shares experienced significant gains following the announcement of its inclusion in the S&P 500 index. The stock rose 26% over a single week and 207% year to date, with shares trading near $266.53 and the company reaching a market capitalization near $74.5 billion.
    The timing of the stock’s rally drew attention due to recent disclosures involving accounts associated with former Speaker Nancy Pelosi’s household. On July 24 and July 28, 2026, four separate Bloom Energ
  • Morning Bid: Yen at work

    Morning Bid: Yen at work
    Global financial markets experienced disruption on Monday and Tuesday following a sharp appreciation of the Japanese yen to levels unseen since February. The currency movement appeared connected to positioning ahead of an anticipated Bank of Japan rate decision scheduled for the following week, rather than direct intervention by Japanese authorities as occurred during the summer months.
    Economic data released during the period reinforced expectations for tighter monetary policy. Japan’s s
  • Eaton Shares Rise After UBS Upgrade to Buy

    Eaton Shares Rise After UBS Upgrade to Buy
    Eaton Corporation saw its shares advance 3.1% during premarket trading following an upgraded assessment from UBS. The investment bank elevated its recommendation to Buy from Neutral and raised its price target to $515, up from a prior level of $450.
    UBS attributed the upgrade to anticipated margin improvements and earnings expansion. The bank’s analysis centered on the belief that pricing actions and operational execution will drive margin recovery beginning in the third quarter of 2026 a
  • Anthropic IPO odds still favour October despite roadshow slippage, Polymarket data shows

    Anthropic IPO odds still favour October despite roadshow slippage, Polymarket data shows
    Prediction market data indicates persistent expectations for an October listing of Anthropic, the artificial intelligence company, even as various timing adjustments have emerged in recent weeks.
    Based on contracts traded on Polymarket, the probability of an October listing stands at 63%, derived from calculating the difference between an 85% chance of completion by October 31 and a 1% chance by September 30. This contrasts with implied probabilities of 21% for November and 6% for December, acc
  • Japan Finally Gets Its Stronger Yen. Forecast as of 08.09.2026

    Japan Finally Gets Its Stronger Yen. Forecast as of 08.09.2026
    Japan appears to have finally achieved its long-standing goal of strengthening the yen. Currency intervention, speculation about aggressive BoJ rate hikes, and renewed capital inflows have all helped drive the Japanese currency higher. Let's examine the situation and develop a trading plan for the USD/JPY pair.Major Takeaways US participation in currency interventions is a necessity. The Bank of Japan will take a more aggressive stance. Pension funds' appetite for Japanese assets is growing. Lon
  • Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 08.09.2026

    Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 08.09.2026
    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 2,568.33.Elliott Wa
  • Short-Term Analysis for Oil, Gold, and EURUSD for 08.09.2026

    Short-Term Analysis for Oil, Gold, and EURUSD for 08.09.2026
    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.The euro remains in an uptrend.Major Takeaways USCrude: Oil is rising toward the Target Zone 2 at 94.49–93.68. XAUUSD: Gold is still under bearish pressure. EURUSD: The euro is approaching the first bullish target of 1.1642.Oil Price Forecast for Today:
  • Euro Falls Into Yield Trap. Forecast as of 08.09.2026

    Euro Falls Into Yield Trap. Forecast as of 08.09.2026
    Bond yields across European countries are rising faster than in the US, encouraging investors to buy the EUR/USD on expectations that the ECB may tighten monetary policy. However, the factors driving the rise in European bond yields may not necessarily be positive for the euro. Let's assess the implications for the EUR/USD pair and develop a trading plan.Major Takeaways Political risks in Europe continue to rise. The ECB appears to be more hawkish than the Fed. Investors are awaiting US inflatio
  • Wynn Resorts (WYNN) Doubles Its Profit But Cracks Are Showing

    Wynn Resorts (WYNN) Doubles Its Profit But Cracks Are Showing
    Wynn Resorts Limited reported second quarter 2026 results on August 4 showing significant profit growth, with net income climbing to $140.1 million compared to $66.2 million in the prior year period. Revenue reached $1.86 billion, while diluted earnings per share jumped to $1.32 from $0.64. However, the headline figures masked underlying weakness across much of the company’s portfolio, with performance concentrated in a single property.
    Wynn Palace drove the quarterly results, generating
  • Voya Financial’s (VOYA) Earnings Fell While Its Retirement Business Boomed

    Voya Financial’s (VOYA) Earnings Fell While Its Retirement Business Boomed
    Voya Financial disclosed second-quarter results on August 4, featuring a notable decline in headline profitability alongside growing operational momentum in its core business segments. Net income available to common shareholders contracted to $90 million, or $0.97 per diluted share, compared with $162 million and $1.66 per share in the prior-year period. Adjusted operating earnings similarly fell to $140 million from $240 million.
    The company’s Retirement segment crossed 10 million partic
  • SIGA Tech (SIGA): Profits Drop 65%, But Cash and Special Payouts Remain

    SIGA Tech (SIGA): Profits Drop 65%, But Cash and Special Payouts Remain
    SIGA Technologies reported financial results for the periods ending June 30, revealing substantial year-over-year declines offset by continued profitability and shareholder returns. The company generated $37 million in TPOXX sales during the quarter, comprising $24 million in intravenous TPOXX delivered to the US strategic national stockpile and $13 million in oral TPOXX sold to two international buyers. Chief Executive Diem Nguyen highlighted the geographic diversity of deliveries across the U
  • Protagonist (PTGX) Swings To A Profit As Two Drugs Near Blockbuster Status

    Protagonist (PTGX) Swings To A Profit As Two Drugs Near Blockbuster Status
    Protagonist Therapeutics reported second-quarter financial results that marked a dramatic turnaround from a year-earlier loss. The company posted a profit of $162.8 million, or $2.29 per diluted share, compared with a $34.8 million loss in the same period the previous year. The improvement was driven primarily by milestone payments tied to two therapeutic candidates advancing toward or achieving commercial availability.
    ICOTYDE received FDA approval on March 18 for treating moderate-to-severe p
  • The VIX Is Playing Tricks: Why Stocks Are Volatile, But the Fear Gauge Is Sleeping

    The VIX Is Playing Tricks: Why Stocks Are Volatile, But the Fear Gauge Is Sleeping
    Financial markets are exhibiting a puzzling pattern in which equities demonstrate significant price swings and directional uncertainty, yet the CBOE Volatility Index remains subdued rather than rising as conventional market theory would suggest. The Invesco QQQ Trust and broader stock indexes show elevated choppiness, with market leaders experiencing regular price gyrations. Despite this observed volatility in equities, the VIX—the market’s primary fear gauge tied to the S&P 500
  • What Is an Introducing Broker (IB) in Forex

    What Is an Introducing Broker (IB) in Forex
    An introducing broker (IB) is a partner who refers traders to a broker and earns a commission based on the trading activity of the clients they bring in. This partnership model benefits everyone. The broker gains new clients without spending extra time and money on marketing. At the same time, the IB receives a steady income from commissions, and the trader gets informational and technical support from the start of their work with the broker, as well as guidance in taking their first steps in a
  • Zscaler beats earnings expectations, issues upbeat guidance but stock falls

    Zscaler beats earnings expectations, issues upbeat guidance but stock falls
    Zscaler reported financial results that exceeded Wall Street estimates, though its share price declined on the day of announcement. The cloud security firm’s fiscal fourth-quarter revenue reached approximately $719 million, representing 25% growth compared to the prior year period. The company posted a net loss of $3.4 million, or 2 cents per share, an improvement from a net loss of $17.6 million, or 11 cents per share, in the same quarter a year earlier.
    Annual recurring revenue climbed
  • Watts Water (WTS) Hits Record Sales While Margins Quietly Slip

    Watts Water (WTS) Hits Record Sales While Margins Quietly Slip
    Watts Water Technologies reported second quarter results on August 5, posting net sales of $763 million, representing 19% growth on a reported basis and 12% organic growth compared to the prior year period. Diluted earnings per share reached $3.53, up 17% year over year, while adjusted diluted EPS climbed 18% to $3.66, marking the company’s strongest quarter by most top-line metrics.
    Data center demand emerged as the primary growth driver across all three geographic segments. The Americas
  • Toll Brothers (TOL) Keeps Building Contracts As Profits Take A Hit

    Toll Brothers (TOL) Keeps Building Contracts As Profits Take A Hit
    Toll Brothers released fiscal third-quarter results on August 18 that revealed contrasting trends in the homebuilder’s performance. While the company generated $280.1 million in net income, or $2.97 per diluted share, this represented a decline from $369.6 million and $3.73 per share in the prior-year period. Signed contracts, however, moved in the opposite direction, reaching $2.52 billion and covering 2,508 homes, compared with $2.41 billion and 2,388 homes a year earlier.
    The company e
  • Lululemon stock plunges 20% on disappointing earnings and outlook

    Lululemon stock plunges 20% on disappointing earnings and outlook
    Lululemon stock declined sharply in premarket trading on Friday following the retailer’s announcement of disappointing second fiscal quarter results and reduced full-year outlook. The company reported revenue that declined 4% and comparable sales that fell 9% for the period, marking another challenging quarter in an ongoing stretch of weak performance.
    Interim CEO Meghan Frank attributed some of the downturn to negative social media commentary affecting customer perception, alongside slow
  • Encompass Health (EHC): This Rehab Hospital Giant Just Raised Its Own Bar Again

    Encompass Health (EHC): This Rehab Hospital Giant Just Raised Its Own Bar Again
    Encompass Health released second quarter earnings on August 5 that surpassed internal projections, prompting the company to elevate its full-year financial guidance in the same announcement. Net operating revenue expanded 9.6% to $1.597 billion, while adjusted earnings per share grew 10.7% to $1.55, demonstrating both top-line and bottom-line expansion for the leading inpatient rehabilitation hospital company.
    Patient volume metrics supported the growth narrative. The company discharged 68,895
  • Strong Cash App Momentum Drives Favorable Outlook for Block (XYZ)

    Strong Cash App Momentum Drives Favorable Outlook for Block (XYZ)
    Block Inc. demonstrated robust financial performance in the second quarter, with Cash App emerging as a primary growth engine for the company. The segment’s lending operations, particularly through Cash App Borrow, drove significant profitability expansion and shaped management’s outlook for the remainder of the year.
    The company reported second-quarter gross profit of $3.17 billion and adjusted operating income of $864 million, exceeding prior guidance. Total revenue reached $6.62
  • Nova (NVMI) Just Blew Past $250M In Quarterly Sales

    Nova (NVMI) Just Blew Past $250M In Quarterly Sales
    Nova Semiconductor reported second-quarter 2026 results in August, achieving record revenue of $255.0 million, representing 8% sequential growth from the first quarter and 16% growth compared to the prior-year period ending June 30. The company generated $75 million in GAAP net income and $86.5 million in non-GAAP net income during the quarter.
    Earnings per share metrics demonstrated strength across both accounting measures. GAAP diluted earnings per share reached $2.20, compared with $2.04 in

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