Analyst news

• Wall St looks set to extend rally as oil rises

  25-05-2016 15:18 via news.yahoo.com
  
  Wall Street looked set to open higher on Wednesday, extending gains from Tuesday, as oil prices rose and investors got more comfortable with the prospect of an interest rate hike as early as this summer. "We've had some good economic data and investors are coming around to the fact that higher rates in a small measured dose isn't the end of the world, but is a measure of confidence in the economy," said Andre Bakhos, managing director at Janlyn Capital LLC in Bernardsville, New Jersey. Wall Stre
  
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• REX American Resources Corporation Q2 2026 Earnings Call Summary

  03-09-2026 23:06 via rocketnews.com
  
  REX American Resources Corporation reported its strongest second-quarter net income per share in company history, supported by disciplined margin management and favorable market conditions. Gross profit excluding tax credits increased 144% year-over-year, primarily reflecting significantly improved crush margins and better pricing across the product portfolio.
  The 45Z production tax credit program contributed $18.4 million to gross profit during the quarter, bringing year-to-date contributions
  
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• GitLab Inc. Q2 2027 Earnings Call Summary

  03-09-2026 23:06 via rocketnews.com
  
  GitLab achieved its largest gross bookings quarter on record, supported by a 30% increase in sales capacity and a 10% improvement in representative productivity. The company’s strategy of acquiring customers at various price points proved effective, with first-order count expanding more than 100% year-over-year. Management noted that more than half of the company’s $1 billion-plus run rate revenue originated from initial orders valued under $5,000.
  The company introduced a new offer
  
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• Zscaler stock rises on earnings beat, upbeat guidance

  03-09-2026 23:05 via rocketnews.com
  
  Zscaler’s stock rose on Thursday following the cloud security provider’s fiscal fourth-quarter earnings results, which topped analyst expectations amid growing enterprise demand for artificial intelligence-related security solutions.
  The company reported revenue of approximately $719 million, representing a 25% increase from the prior year. Net losses narrowed substantially to $3.4 million, or 2 cents per share, compared to a net loss of $17.6 million, or 11 cents per share, in the
  
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• Warren Buffett’s Giveaway Plan Implies $17 Billion of Berkshire Stock a Year. Greg Abel Bought Back $4.5 Billion Last Quarter.

  03-09-2026 23:05 via rocketnews.com
  
  Warren Buffett announced plans to donate roughly $17 billion per year in Berkshire Hathaway shares to foundations operated by his children. Concurrently, Greg Abel, who assumed the CEO role at the start of 2026, authorized a repurchase of $4.5 billion in company stock during the second quarter.
  Buffett’s charitable giving strategy differs substantially from the company’s historical approach. As both CEO and major shareholder, Buffett had previously declined to implement dividend pay
  
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• Soybeans Fading Back Lower on Wednesday Morning

  03-09-2026 23:05 via rocketnews.com
  
  Soybean futures markets experienced a reversal in early trading on Wednesday, with contracts posting losses of 12 to 15 cents. This followed a stronger Tuesday session where nearby and forward contracts had closed with gains ranging from 21 to 29 3/4 cents, accompanied by a notable increase in open interest of 24,979 contracts. The national average cash soybean price had climbed 11 3/4 cents to settle at $12.62 1/4, while soybean meal futures gained $1.80 to close at $7.40 and soy oil strengthe
  
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• Down 38%, This Cryptocurrency Might Have Finally Hit a Bottom

  03-09-2026 23:05 via rocketnews.com
  
  Bitcoin has experienced significant losses over the preceding 11 months, reaching a decline of more than 50% from its peak valuation during the year before recovering somewhat in August. Despite the recent improvement, the cryptocurrency remained down 38% from its all-time high established in October.
  Several factors contributed to a notable shift in investor outlook in the two weeks prior to this analysis. Legislative developments, particularly momentum surrounding the Digital Asset Market Cla
  
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• Corn Bulls Taking a Breather on Wednesday Morning

  03-09-2026 23:05 via rocketnews.com
  
  Corn futures experienced a pullback during Wednesday morning trading following a strong Tuesday session. Prices declined 7 to 8¼ cents, reversing some of the previous day’s gains when futures had advanced 6 to 8¾ cents across most contracts to reach new highs. Despite the midweek retreat, market activity remained noteworthy, with open interest increasing by 19,874 contracts on Tuesday, suggesting net new buying pressure underlying the market.
  September corn futures closed at
  
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• Bancorp’s Fintech Comeback Gains Momentum

  03-09-2026 23:05 via rocketnews.com
  
  The Bancorp, Inc. posted second-quarter diluted earnings per share of $1.45, representing growth from $1.27 in the year-ago quarter and exceeding Wall Street expectations of $1.36. The financial institution operates as a banking-as-a-service sponsor, providing deposit-holding and card-issuing services to fintech applications including Chime, PayPal, and Cash App, allowing these firms to offer banking services without becoming chartered banks themselves.
  The company’s profitability metrics
  
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• Forex Trading Costs: Fees, Spreads and Commissions

  03-09-2026 16:43 via litefinance.org
  
  Forex trading is a complex process governed by the rules of the global foreign exchange market. To generate consistent profits, traders need to understand what their trading costs consist of. Each forex broker sets its own fees and trading conditions, which directly affect trading results. Beginners should understand that trading currencies is, above all, a business that requires careful cost control.In this article, we will explain what a spread is in trading, what a swap is and how it wor
  
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• Ethereum (ETH) Price Forecast & Predictions for 2026, 2027, 2028–2030 and Beyond

  03-09-2026 13:28 via litefinance.org
  
  Ethereum is the world's second-largest cryptocurrency by market capitalization and the leading platform for smart contracts and decentralized applications. Most DeFi, NFT, and Web3 projects are built on Ethereum, making it a key infrastructure asset for the entire industry.This article provides a detailed technical analysis and explores market sentiment, global trends, and historical data. The main question it addresses is whether Ethereum's price will rise in 2026, 2027, and beyond. Expert opin
  
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• Snowflake spikes 22% on healthy results and AI coding momentum

  03-09-2026 13:05 via rocketnews.com
  
  Snowflake reported financial results that exceeded analyst expectations, with shares rising 22% in after-hours trading on Wednesday. The data analytics software maker demonstrated strong revenue growth of 35% year over year in the fiscal second quarter, which concluded on July 31.
  The company’s net loss narrowed compared to the prior year period, falling to $191.7 million, or 55 cents per share, from $297.9 million, or 89 cents per share. Snowflake highlighted progress with its CoCo artif
  
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• MongoDB Q2 Earnings Call Highlights

  03-09-2026 13:05 via rocketnews.com
  
  MongoDB reported fiscal second-quarter 2027 results showing significant momentum across its core offerings. Revenue reached $772 million, representing 30% year-over-year growth, marking the company’s highest quarterly growth rate since fiscal 2024. The company added a record 2,900 net new customers during the period, bringing its total customer base to 70,600. Non-GAAP operating margin expanded to 24%, up from 15% in the comparable prior-year quarter.
  The growth was driven primarily by Mo
  
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• Fervo Energy (FRVO) Bags New Power Deal, Soars 28%; Hedge Fund Interest Climbs

  03-09-2026 13:05 via rocketnews.com
  
  Fervo Energy shares climbed 28.41 percent on Tuesday, closing at $19.75 each following the announcement of a significant power purchase agreement with Google. The accord centers on the Cape Station project in Utah, through which Fervo will provide 396 megawatts of power to support Google’s data center expansion. The initial phase of the project has progressed toward commercial operations, while development efforts on a second phase are underway, with eight GeoBlocks expected to become ope
  
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• Credo Technology Group Q1 Earnings Call Highlights

  03-09-2026 13:05 via rocketnews.com
  
  Credo Technology Group announced fiscal first-quarter 2027 results marked by substantial revenue growth driven by continued demand for AI infrastructure connectivity solutions. The company reported revenue of $479 million, representing 115% year-over-year growth and a 10% sequential increase. Non-GAAP net income reached a record $236.3 million, more than doubling from the prior-year period, while non-GAAP net margin stood at 49.3%. The company achieved its seventh consecutive quarter of triple-
  
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• Canadian Dollar Rally on Shaky Ground as Trade War Escalates. Forecast as of 03.09.2026

  03-09-2026 12:12 via litefinance.org
  
  Canada has found itself embroiled in a trade war with a giant like the US. Instead of supporting exporters, its central bank seems poised to make their lives even harder by raising the overnight rate. Let's discuss the potential implications for the Canadian dollar, and build a trading plan for the USD/CAD.Major Takeaways The risk of a BoC rate hike is increasing. There is still no end in sight to the trade war between the US and Canada. Canada's GDP growth has accelerated. Long positions on the
  
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• Nvidia (NVDA) Stock Forecast & Predictions for 2026, 2027, 2028–2030

  03-09-2026 10:03 via litefinance.org
  
  Nvidia (#NVDA) is one of the leading technology companies specializing in the development of graphics processing units (GPUs), artificial intelligence solutions, and cloud computing. The company's stock has grown rapidly in recent years, driven by advances in AI and rising demand for high computing power.In 2026, investors continue to monitor NVDA's performance, analyzing both fundamental and technical factors. This article examines expert forecasts for Nvidia's stock price over the coming years
  
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• Short-Term Analysis for Oil, Gold, and EURUSD for 03.09.2026

  03-09-2026 09:33 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.Oil is retreating from the Gold Zone of 90.05–89.64.Major Takeaways USCrude: Oil is correcting lower. XAUUSD: Gold has climbed to resistance B of 4,451–4,436. EURUSD: The euro is rising from support B of 1.1585–1.1572.Oil Price Forecast fo
  
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• Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 03.09.2026

  03-09-2026 09:31 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 Retreats as Fed Hike Bets Fade. Forecast as of 03.09.2026

  03-09-2026 08:35 via litefinance.org
  
  A glimmer of hope for de-escalation in the Middle East, combined with a slowdown in US hiring and neutral rhetoric from FOMC officials, has allowed the EUR/USD pair to regain its footing. However, can the rebound last? Let’s examine the outlook and develop a trading plan.Major Takeaways Falling oil prices and lower Treasury yields have supported the euro. The Fed may not raise interest rates in September. US private-sector employment data came in weaker than expected. A pullback from 1.161
  
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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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