Analyst news

• USD/CAD Continues to Pare May Advance as BoC Endorses Wait-and-See

  25-05-2016 17:30
  USD/CAD may continue to retrace the advance from earlier this month as the Bank of Canada (BoC) appears to be gradually moving away from its easing cycle.
  
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• CEO of buy now, pay later giant Affirm says high gas prices are hitting U.S. shoppers

  02-09-2026 23:03 via rocketnews.com
  
  Affirm Holdings stock finished nearly flat on Friday following the release of the company’s fiscal fourth-quarter financial results. Chief Executive Officer Max Levchin discussed the impact of elevated energy costs on consumer spending patterns during a media appearance, noting that households are taking notice of fuel prices at the pump.
  The national average gasoline price stood at $4.09 per gallon as of Friday, according to data from AAA. This represented a decline from May levels when
  
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• The ‘choose your own adventure’ earnings: Why retailers are handling tariff refunds so differently

  02-09-2026 23:02 via rocketnews.com
  
  Retailers received significant tariff refunds after the Supreme Court ruled in February that certain tariff authority was unconstitutional. The money began flowing during the second quarter, providing substantial boosts to corporate profits. However, the varying approaches companies took in reporting and deploying these funds have created complexity for investors attempting to evaluate the strength of financial results and future performance.
  Retailers followed divergent strategies for utilizin
  
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• Grayscale Just Launched the First-Ever ETF for Zcash (ZEC). Here’s Why That’s Big News for Crypto Investors.

  02-09-2026 23:02 via rocketnews.com
  
  Grayscale introduced the Grayscale Zcash ETF (NYSEMKT: ZCSH) through conversion of a previously existing trust into an exchange-traded fund wrapper. The fund commenced operations with $260 million in assets under management, reaching $313 million as of August 28. This development marks the first ETF dedicated to Zcash, a privacy-centric digital asset that ranks as the 11th-largest cryptocurrency by market capitalization.
  The launch carries significance beyond Grayscale’s role as a first-m
  
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• Broadcom’s stock drops 5% as weak guidance overshadows earnings beat

  02-09-2026 23:02 via rocketnews.com
  
  Broadcom’s stock declined 5% in extended trading following the company’s release of financial results and forward guidance. The chipmaker reported fiscal fourth-quarter revenue of $15.95 billion, representing an 86% increase compared to the prior year. Net income surged to $13.09 billion, or $2.68 per share, compared to $4.14 billion, or 85 cents per share, in the corresponding period a year earlier.
  Despite the strong quarterly performance, the company’s outlook disappointed
  
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• Platinum (XPT) Price Forecast & Prediction for 2026, 2027, 2028–2030

  02-09-2026 16:17 via litefinance.org
  
  Platinum is a rare and valuable metal widely used in jewelry and industry. Automotive applications are its largest source of demand, accounting for roughly 44% of total demand in recent years, primarily through autocatalysts.Investing in XPT/USD differs from investing in traditional instruments such as stocks or bonds. As a commodity, platinum is influenced by factors including monetary policy, global economic conditions, industrial demand, and mine supply. This article examines the outlook for
  
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• Warsh’s Jackson Hole encore may put Trump’s inflation record under a microscope

  02-09-2026 13:06 via rocketnews.com
  
  Federal Reserve Chairman Kevin Warsh faces scrutiny over whether he will follow through on signals that higher interest rates may be necessary to address inflation persisting above the central bank’s 2% target. In a speech at the Kansas City Federal Reserve’s Jackson Hole conference in Wyoming, Warsh indicated support for rate increases more explicitly than many analysts anticipated, creating expectations for potential Fed action.
  The Fed’s policy committee is scheduled to mee
  
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• Salesforce Raised Guidance Again. Now It Has to Deliver the Revenue Acceleration

  02-09-2026 13:06 via rocketnews.com
  
  Salesforce Inc. delivered second-quarter results that exceeded analyst expectations, with revenues reaching $11.35 billion compared to the anticipated $11.32 billion. Adjusted earnings per share came in at $5.90, significantly surpassing the expected $3.27. The performance was bolstered by robust demand for the company’s artificial intelligence offerings, particularly its Agentforce platform.
  Following the earnings announcement, Argus Research raised its price target for Salesforce to $30
  
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• Elastic Beat and Raised Guidance. Wall Street Says One Quarter Isn’t Enough.

  02-09-2026 13:06 via rocketnews.com
  
  Elastic N.V. reported results for the first quarter of fiscal 2027 ending July 31, 2026, with total revenues reaching $478 million, representing a 15% increase compared to the prior-year period. Subscription revenue similarly grew 15% year-over-year to $449 million, while sales-led subscription revenue climbed 18% to $399 million. The company added more than 80 customers with annual contract value exceeding $100,000, expanding its total customer base in that segment to over 1,800.
  The strong pe
  
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• Morning Bid: Bonds boil

  02-09-2026 13:05 via rocketnews.com
  
  Energy markets experienced significant upward movement following a new wave of strikes in the Iran war, triggering a broader sell-off across global bond markets. The price increases in crude oil and natural gas coincided with expectations that major central banks would implement interest rate rises during the month ahead.
  U.S. 10-year Treasury yields reached their highest level since 2023, climbing to 4.8% on Wednesday as oil and gas prices advanced. The yield movement has reverberated through
  
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• Morgan Stanley Just Upgraded Robinhood Markets Inc. (HOOD). Here’s Why

  02-09-2026 13:05 via rocketnews.com
  
  Morgan Stanley analyst Michael Cyprys upgraded Robinhood Markets Inc. to Overweight from Equal Weight on September 1, with a price target increase to $150 from $124. The analyst cited growing confidence that the company’s diversifying product portfolio could unlock additional revenue streams from its existing customer base and improve customer economics.
  Robinhood has expanded well beyond its core brokerage business into subscriptions, banking, credit, customer cash management, and predic
  
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• Berkshire Hathaway Just Sold 3 Bank Stocks. Here’s Why Investors Should Take Notice

  02-09-2026 13:05 via rocketnews.com
  
  Berkshire Hathaway executed sales across three bank stock positions in the most recent quarter, marking a notable shift in the conglomerate’s investment strategy under CEO Greg Abel. The company remains a significant holder of Bank of America and American Express but has begun trimming exposure to the financial sector.
  The three reductions varied in magnitude and implications. Capital One experienced the sharpest percentage decline, with Berkshire cutting its stake by 58%, leaving the com
  
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• Amazon stock just entered the dang

  02-09-2026 13:05 via rocketnews.com
  
  Amazon shares experienced a significant pullback, entering technical correction territory after a 2% decline on Tuesday that pushed the stock below its 100-day moving average, according to Yahoo Finance data. The shares had declined approximately 11% from an all-time high reached in August. For the year, Amazon stock had risen 10%, underperforming the S&P 500 benchmark index, which advanced 12% in the same period.
  Two primary factors appeared to weigh on investor sentiment regarding the tec
  
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• Brent Rally Shrugs Off Bearish Forces. Forecast as of 02.09.2026

  02-09-2026 12:21 via litefinance.org
  
  The US plan to replenish its oil reserves with Venezuelan crude, combined with increased traffic through the Strait of Hormuz, could push Brent back toward the $80–90 range. Yet that has not happened. Let's examine what's keeping oil prices in check and develop a trading plan for Brent.Major Takeaways Fear and greed are pulling Brent in opposite directions. Traffic through the Strait of Hormuz is increasing. Investors are preparing for a prolonged conflict. Long positions on Brent can be c
  
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• Short-Term Analysis for Oil, Gold, and EURUSD for 02.09.2026

  02-09-2026 09:35 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 prices continued to fall today.Major Takeaways USCrude: Oil may pull back after reaching the Gold Zone of 90.05–89.64. XAUUSD: Gold is correcting upward after hitting the Gold Zone of 4,286–4,276. EURUSD: The euro is testing the key su
  
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• Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 02.09.2026

  02-09-2026 09:27 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 rise in a bullish correction (B). Consider long positions with a Take Profit at 81,397.56. XRPUSD: The asset continues to rise in impulse [C] of XX. Consider long positions with a Take Profit at 1.694. ETHUSD: The price is rising in the fifth part of a bullish impulse. Consider long positions with a Take Profit at 2,565.06.Elliott Wave A
  
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• US Dollar Finds Fresh Strength Amid Bond Rout. Forecast as of 02.09.2026

  02-09-2026 08:37 via litefinance.org
  
  As global bond yields climb to their highest levels since 2008, some investors see signs of a looming crisis, while others view the move as the end of decades of financial repression. Let's examine what's driving yields higher and develop a trading plan for the EUR/USD.Major Takeaways Bond yields continue to rise. Rising gas prices in Europe are weighing on the EUR/USD. Politics is hurting the euro. Short trades on the EUR/USD pair can be opened with targets of 1.1500 and 1.1455.Weekly Fundament
  
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• Weekly Economic Calendar for 07.09.2026–13.09.2026

  02-09-2026 02:00 via litefinance.org
  
  While some market participants are still digesting the results of the Jackson Hole Symposium and the US NFP report for August, others are awaiting new benchmarks to fine-tune their trading strategies. The upcoming week of September 7–13, 2026, will provide the key data, including the release of US inflation figures for August on Thursday and Friday.Additionally, market participants will evaluate macroeconomic data from the US, Japan, China, and Germany, as well as the outcomes of the ECB m
  
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• Salesforce stock jumps 18% on AI growth and Anthropic investment gain

  01-09-2026 23:05 via rocketnews.com
  
  Salesforce reported strong financial results in its fiscal second quarter ended July 31, driving a significant jump in its stock price. The company’s revenue climbed 11% year-over-year, while net income surged 87% compared to the prior-year period. On a per-share basis, the company earned $4.29 in net income, up from $1.96 a year earlier.
  A substantial portion of the earnings gain came from strategic investment holdings. Salesforce recorded a $2.6 billion gain on investments linked to art
  
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• Michael Saylor Just Dropped a Big Bitcoin Hint—Is Strategy Ready to Start Buying BTC Again? (UPDATED)

  01-09-2026 23:05 via rocketnews.com
  
  Michael Saylor, chief executive of Strategy Inc., posted a chart depicting the company’s Bitcoin accumulation history on social media, triggering market speculation about a potential resumption of cryptocurrency purchases. The post, which included an image highlighting the firm’s prior BTC acquisitions with orange markers, suggested renewed activity after an extended period without reported acquisitions.
  Strategy, which holds the largest corporate Bitcoin reserve globally, had halte
  
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• Lego posts record first-half revenue, CEO touts strong sales at high-end and value pricing

  01-09-2026 23:05 via rocketnews.com
  
  Lego announced record first-half financial results, with revenue reaching 41.9 billion Danish kroner, representing a 21% increase compared to the prior year period. Operating profit grew 22% year over year to 10.9 billion Danish kroner, the company disclosed in its biannual earnings report released on Tuesday.
  The strong performance reflects the company’s strategy of expanding its product portfolio and pursuing strategic partnerships to attract new customers while retaining its existing c
  
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• Firearms retailer files Chapter 11 bankruptcy as gun sales drop

  01-09-2026 23:05 via rocketnews.com
  
  The firearms and ammunition retail sector has experienced substantial financial challenges, prompting multiple store closures and bankruptcy filings as customer demand has weakened. Industry observers attributed some of the initial sales decline to buyers postponing purchases in anticipation of a reduction in the National Firearms Act tax, which fell from $200 to $0 beginning Jan. 1, 2026. However, sales declines have persisted throughout 2026 despite this tax change taking effect.
  White Oak Ar
  
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• Denny’s rival dining chain files for Chapter 11 bankruptcy

  01-09-2026 23:05 via rocketnews.com
  
  The breakfast and brunch dining sector experienced financial difficulties in 2026, prompting multiple chains to file for bankruptcy protection or close locations. Asani Restaurant Group LLC, the operator of Buttermilk Eatery, filed its Chapter 11 petition in the U.S. Bankruptcy Court for the Middle District of Florida on August 31. The filing revealed the company held assets exceeding $75,000 while carrying debts surpassing $407,000. No specific reason for the bankruptcy was disclosed in the pe
  
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• Palo Alto Networks beats quarterly estimates on AI demand, continues acquisition spree

  01-09-2026 23:04 via rocketnews.com
  
  Palo Alto Networks reported financial results that surpassed analyst expectations for its fiscal fourth quarter, driven by heightened demand for cybersecurity products amid concerns about emerging artificial intelligence threats. Revenue increased 34% to reach $2.54 billion compared to the prior-year period. The company reported a net loss of $282 million, or 35 cents per share, reversing from net income of $254 million, or 36 cents per share, a year earlier. Stock price movements showed a 5% d
  
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• Dell surges 9% after lifting fiscal 2027 forecast on AI server strength

  01-09-2026 23:04 via rocketnews.com
  
  Dell Technologies reported financial results that exceeded Wall Street expectations, prompting a 9% stock price increase in extended trading on Tuesday. The company’s fiscal second-quarter revenue grew approximately 58% year over year to an amount higher than all analyst estimates, with the quarter ending on July 31. Net income reached $4.13 billion, or $6.34 per share on an adjusted basis, compared with $1.16 billion, or $1.70 per share, in the corresponding period a year earlier.
  The co
  
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• TD’s (TD) Record Quarter Comes With A Regulatory Asterisk

  01-09-2026 13:04 via rocketnews.com
  
  Toronto-Dominion Bank delivered strong third-quarter results on August 27, with adjusted net income reaching $4.7 billion, representing a 21% increase from the prior year. Adjusted diluted earnings per share rose 26% to $2.77, while return on equity climbed to 16.0%, up 280 basis points year over year. All four major business segments—Canadian banking, US banking, wealth management, and wholesale—posted earnings growth simultaneously, a rare occurrence for a financial institution of
  
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• Marvell’s (MRVL) Data Center Machine Keeps Rewriting Its Own Forecast

  01-09-2026 13:04 via rocketnews.com
  
  Marvell announced second-quarter fiscal 2027 results on August 27, posting record revenue of $2.739 billion, representing 37% year-over-year growth. Data center sales climbed 46% year over year to reach $2.17 billion, accounting for 79% of total company revenue. The chipmaker raised its full-year outlook for the second consecutive quarter, signaling accelerating momentum in its core business segments.
  Management increased fiscal 2027 revenue expectations to approximately $12 billion from the pr
  
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• Factory activity bounced in August as AI fuelled Asian expansion

  01-09-2026 13:04 via rocketnews.com
  
  Manufacturing activity across major global economies showed growth during August, according to purchasing managers’ indexes released on Tuesday. The expansion was primarily driven by robust demand for artificial intelligence-related hardware and semiconductors, particularly benefiting Asian manufacturers in China, Japan, and South Korea.
  In Europe, the manufacturing sector demonstrated notable strength. The eurozone’s Purchasing Managers’ Index rose to 52.7 in August from 51.9
  
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• Affirm’s (AFRM) Next Chapter Bets Big On The Card

  01-09-2026 13:04 via rocketnews.com
  
  Affirm Holdings delivered record profitability in its most recent quarter, though the stock declined 4.26% following the results. During an earnings call held on August 27, founder and CEO Max Levchin announced a strategic shift in his role, transitioning from day-to-day operations to focus on developing next-generation products while existing business operations continue to expand.
  The Affirm Card has emerged as the primary growth driver for the company. Card adoption sits at 19% of active use
  
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• UP Fintech’s (TIGR) Record Quarter Comes With A Bigger Bill

  01-09-2026 13:03 via rocketnews.com
  
  UP Fintech disclosed financial results for the quarter ended June 30, 2026 during an August 26 earnings call, posting its highest revenue on record alongside a significant swing from the prior quarter’s loss to profitability.
  Revenue climbed 31.4% on a year-over-year basis and 17.7% sequentially to reach $182.3 million. The company reported GAAP net income of $39.4 million, a reversal from the first quarter’s $26.9 million loss, which had been attributable to a one-time penalty rela
  
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