• Wall Street down on earnings; political concern weighs

    Wall Street down on earnings; political concern weighs
    Technology and financials were the sectors that weighed the most on the S&P 500 while healthcare helped cut losses. U.S. President Donald Trump met with top executives from some of the biggest drugmakers in a move seen as lowering tensions that have kept drug stocks in check since the presidential election.
  • XAU/USD: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26

    XAU/USD: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26
    Major Takeaways Main scenario: Consider long positions from corrections above 4,115.00 with a target of 4,900.00–5,610.00. A buy signal: the price holds above 4,115.00. Stop Loss: below 4,045.00, Take Profit: 4,900.00–5,610.00. Alternative scenario: Breakout and consolidation below the level of 4,115.00 will allow the asset to continue declining to the levels of 3,720.00–3,290.55. A sell signal: the level of 4,115.00 is broken to the downside. Stop Loss: above 4,185.00, Take Pr
  • WTI Crude Oil: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26

    WTI Crude Oil: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26
    Major Takeaways Main scenario: Consider long positions from corrections above 67.00 with a target of 105.17–115.50. A buy signal: the price holds above 67.00. Stop Loss: below 65.50, Take Profit: 105.17–115.50. Alternative scenario: Breakout and consolidation below the level of 67.00 will allow the asset to continue declining to the levels of 58.50–50.00. A sell signal: the level of 67.00 is broken to the downside. Stop Loss: above 68.50, Take Profit: 58.50–50.00.Main sce
  • USD/JPY: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26

    USD/JPY: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26
    Major Takeaways Main scenario: Consider short positions from corrections below the level of 164.00 with a target of 151.76–148.87. A sell signal: the price holds below 164.00. Stop Loss: above 164.70, Take Profit: 151.76–148.87. Alternative scenario: Breakout and consolidation above 164.00 will allow the pair to continue rising to the levels of 166.50–170.00. A buy signal: the level of 164.00 is broken to the upside. Stop Loss: below 163.30, Take Profit: 166.50–170.00.Mai
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  • GBP/USD: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26

    GBP/USD: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26
    Major Takeaways Main scenario: Consider long positions from corrections above 1.3274 with a target of 1.3870–1.4140. A buy signal: the price holds above 1.3274. Stop Loss: below 1.3230, Take Profit: 1.3870–1.4140. Alternative scenario: Breakout and consolidation below the level of 1.3274 will allow the pair to continue declining to the levels of 1.3140–1.2936. A sell signal: the level of 1.3274 is broken to the downside. Stop Loss: above 1.3315, Take Profit: 1.3140–1.2936
  • EUR/USD: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26

    EUR/USD: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26
    Major Takeaways Main scenario: Consider long positions from corrections above 1.1350 with a target of 1.1790–1.2088. A buy signal: the price holds above 1.1350. Stop Loss: below 1.1305, Take Profit: 1.1790–1.2088. Alternative scenario: Breakout and consolidation below the level of 1.1350 will allow the pair to continue declining to the levels of 1.1124–1.0892. A sell signal: the level of 1.1350 is broken to the downside. Stop Loss: above 1.1395, Take Profit: 1.1124–1.0892
  • USD/CHF: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26

    USD/CHF: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26
    Major Takeaways Main scenario: Consider short positions from corrections below the level of 0.8206 with a target of 0.7755–0.7593. A sell signal: the price holds below 0.8206. Stop Loss: above 0.8245, Take Profit: 0.7755–0.7593. Alternative scenario: Breakout and consolidation above 0.8206 will allow the pair to continue rising to the levels of 0.8400–0.8600. A buy signal: the level of 0.8206 is broken to the upside. Stop Loss: below 0.8165, Take Profit: 0.8400–0.8600.Mai
  • Peloton posts first-ever annual net profit, but shares drop as outlook disappoints

    Peloton posts first-ever annual net profit, but shares drop as outlook disappoints
    Peloton achieved profitability for the first time as a public company in fiscal 2026, reporting net income of $63.2 million for the year ended June 30, compared with a loss of $118.9 million in the prior-year period. The company attributed the turnaround partly to price increases implemented on hardware and subscription services in the previous fall. Chief Executive Peter Stern characterized the fiscal year as a “landmark” achievement that demonstrated the company’s maturation
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  • Netlist Lands Samsung Alliance Worth Up to $750M in Patent Fees

    Netlist Lands Samsung Alliance Worth Up to $750M in Patent Fees
    Netlist, Inc. announced a comprehensive five-year strategic alliance with Samsung that encompasses patent portfolio cross-licensing, memory product supply, technology cooperation, and Samsung’s acquisition of 10 million Netlist shares. The agreement resolves pending litigation between the two companies while establishing a framework for ongoing business collaboration.
    Under the patent licensing components, Netlist will receive an upfront patent license fee of $200 million after withholdin
  • Fed’s Daly says central bank was right to hold rates steady at July policy meeting

    Fed’s Daly says central bank was right to hold rates steady at July policy meeting
    Federal Reserve Bank of San Francisco President Mary Daly stated her backing for the monetary policy committee’s recent decision to maintain borrowing costs, according to remarks delivered at an economics conference in Tokyo. She indicated the central bank required additional information ahead of the following month’s policy meeting to assess whether current inflation pressures stem from transitory supply disruptions or reflect a more entrenched price environment.
    Daly emphasized th
  • Airbnb stock soars 9% on earnings and revenue beat, strong guidance for third quarter

    Airbnb stock soars 9% on earnings and revenue beat, strong guidance for third quarter
    Airbnb delivered second-quarter financial results that surpassed consensus analyst estimates, prompting a 9% stock price increase in extended trading. The company reported revenue growth of 17% compared to the prior year, reaching $3.1 billion, while net income climbed to $816 million from $642 million in the year-ago period.
    The vacation rental platform provided forward guidance that also beat market expectations. For the current period, the company projected revenue between $4.69 billion and
  • USD/CAD: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26

    USD/CAD: Elliott Wave Analysis and Forecast for 07.08.26 – 14.08.26
    Major Takeaways Main scenario: Consider short positions from corrections below the level of 1.4082 with a target of 1.3900–1.3820. A sell signal: the price holds below 1.4082. Stop Loss: above 1.4125, Take Profit: 1.3900–1.3820. Alternative scenario: Breakout and consolidation above 1.4082 will allow the pair to continue rising to the levels of 1.4250–1.4400. A buy signal: the level of 1.4082 is broken to the upside. Stop Loss: below 1.4040, Take Profit: 1.4250–1.4400.Mai
  • Gold Returns to the Spotlight. Forecast as of 07.08.2026

    Gold Returns to the Spotlight. Forecast as of 07.08.2026
    Throughout the conflict in the Middle East, gold remained in the shadow of other assets amid concerns that rising inflation could prompt the Fed to tighten monetary policy. However, de-escalation is changing the game. Let's discuss this topic and outline a trading plan. Major Takeaways De-escalation has breathed new life into gold. When inflation is high and the Fed holds back, XAU/USD rises. Central bank demand is supporting the precious metal. Weak employment data would provide an opportu
  • Short-Term Analysis for Oil, Gold, and EURUSD for 07.08.2026

    Short-Term Analysis for Oil, Gold, and EURUSD for 07.08.2026
    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 continues to trade in a short-term uptrend.Major TakeawaysUSCrude: Oil prices are retreating from the resistance A of 77.93–77.53. XAUUSD: Gold is testing the upper Target Zone of 4,298–4,267. EURUSD: The euro is facing a minor correcti
  • Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 07.08.2026

    Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 07.08.2026
    Dear readers,I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on Elliott Wave analysis.Ripple appears to be approaching a trend reversal.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 impu
  • Dollar Heads for Weekly Gain as Markets Await Key Jobs Data. Forecast as of 07.08.2026

    Dollar Heads for Weekly Gain as Markets Await Key Jobs Data. Forecast as of 07.08.2026
    Kevin Warsh's reserved communication style leaves investors searching for signals in the economic data, increasing uncertainty and market volatility. The upcoming employment report could become the next major catalyst. Let's examine the outlook and develop a trading plan for the EUR/USD pair.Major Takeaways The deal between Oman and Iran is raising doubts. Rising oil prices are strengthening the dollar. The Fed is more tolerant of a strong labor market. Weak employment data can provide an opport
  • Private Hiring Stalls in July, Complicating Everything

    Private Hiring Stalls in July, Complicating Everything
    Private employment growth stalled in July as the American private sector added 44,000 positions, substantially underperforming consensus forecasts of 75,000 new jobs. The figure represented a significant deceleration from June’s revised total of 95,000 and marked the slowest pace since January.
    Education and health services accounted for 36,000 of the month’s total job gains, with the remaining 8,000 positions distributed across the broader economy. Employment in trade and transport
  • Kraft Heinz Q2 2026 earnings beat, raises annual forecast

    Kraft Heinz Q2 2026 earnings beat, raises annual forecast
    Kraft Heinz raised its full-year guidance on Wednesday following better-than-expected second-quarter performance. The company now projects organic sales to decline between 0.5% and 2.0% for the full year, compared with its prior forecast of a 1.5% to 3.5% decline. The company also adjusted its annual adjusted earnings per share outlook to a range of $2.03 to $2.09, up from the earlier guidance of $1.98 to $2.10. As part of its strategic shift, Kraft Heinz said it would boost incremental investm
  • Corn Extending Weakness to Tuesday

    Corn Extending Weakness to Tuesday
    Corn markets continued a downward trajectory, with futures contracts experiencing additional declines during the Wednesday session. December contract futures closed the previous day at $4.65½, down 7 cents, while September contract futures finished at $4.42¼, down 7 cents. The nearby cash price settled at $4.13½, reflecting a loss of 7¼ cents. March futures closed at $4.81½, down 6¾ cents.
    Several factors contributed to the weakness in corn markets. Cru
  • Wheat Posting a Wednesday Morning Rebound

    Wheat Posting a Wednesday Morning Rebound
    Wheat markets experienced a rebound on Wednesday morning following declines the previous day. The wheat complex had faced downward pressure on Tuesday, with all three major markets closing lower.
    Chicago SRW futures contracts had declined 11 to 14 cents on Tuesday, while KC HRW futures fell 9 1/2 to 11 1/4 cents across various contract months. Minneapolis spring wheat also posted losses, declining 5 1/2 to 10 3/4 cents across most contracts. Open interest rose 1,994 contracts during the selling
  • US sustainable funds see positive inflows for first time since 2022: Morningstar

    US sustainable funds see positive inflows for first time since 2022: Morningstar
    U.S. sustainable funds returned to positive territory during the second quarter with nearly $3 billion in net inflows, reversing a prolonged downturn that had lasted more than three years. The inflows represented a 0.8% organic growth rate for sustainable funds domiciled in the country. This marked the first time since 2022 that the sector had experienced net inflows rather than withdrawals.
    Despite the gains in sustainable funds, conventional funds continued to demonstrate stronger investor de
  • Kyndryl shares slip after first-quarter results miss expectations

    Kyndryl shares slip after first-quarter results miss expectations
    Kyndryl Holdings reported first-quarter fiscal 2027 results for the quarter ended 30 June 2026 that fell short of Wall Street expectations on both profitability and revenue metrics. The enterprise technology services company posted an adjusted loss of $0.12 per share against analyst forecasts for break-even earnings. Revenue reached $3.6 billion, trailing the consensus estimate of $3.67 billion and representing a 3% decline from the prior-year quarter on both reported and constant-currency base
  • What Are Take-Profit and Stop-Loss Orders?

    What Are Take-Profit and Stop-Loss Orders?
    Trading in financial markets is always a balance between risk and reward. Every trader, regardless of experience, faces a dilemma: how to limit losses without missing out on profitable trades. This is where two crucial tools come into play—stop-loss and take-profit orders.Without a clear understanding of stop-loss and take-profit orders, it is difficult to build a sustainable trading strategy. Effective risk management protects your deposit from emotional decisions, while disciplined tradi
  • Aussie Braces for Tough Road Ahead. Forecast as of 06.08.2026

    Aussie Braces for Tough Road Ahead. Forecast as of 06.08.2026
    The Reserve Bank of Australia's decision to pause its monetary tightening cycle after three consecutive cash rate hikes has deprived the AUD/USD pair of its main advantage. However, that advantage was not the only driver behind the aussie's rally. Let's discuss this topic and develop a trading plan.Major TakeawaysThe RBA is not expected to raise interest rates. China's economy is slowing down. Stock indices are supporting the Australian dollar. The direction of the AUD/USD depends on the US empl
  • Westlake Chemical Partners LP Q2 2026 Earnings Call Summary

    Westlake Chemical Partners LP Q2 2026 Earnings Call Summary
    Westlake Chemical Partners LP outlined its financial performance and strategic positioning during its second-quarter 2026 earnings presentation. The partnership generated net income of $14 million sequentially, maintaining consistency with prior-period results. Distributable cash flow increased by $3 million compared to the year-earlier period, primarily attributable to elevated production volumes and the absence of substantial maintenance expenditures that had occurred in the prior year.
    The p
  • Wayfair Inc. Q2 2026 Earnings Call Summary

    Wayfair Inc. Q2 2026 Earnings Call Summary
    Wayfair Inc. posted second-quarter results highlighting revenue growth of 7.5% supported by a 6% expansion in orders, the strongest sequential Q2 performance since 2020. The gain reflected high single-digit market share gains across the company’s broader portfolio, according to management commentary during the earnings call.
    The U.S. segment expanded 8.7%, which management attributed to its emphasis on price, selection, and speed, combined with newly launched programs including Wayfair Re
  • Revvity, Inc. Q2 2026 Earnings Call Summary

    Revvity, Inc. Q2 2026 Earnings Call Summary
    Revvity reported better-than-expected second-quarter results, which management attributed to an improving spending environment across the pharmaceutical and biotechnology sectors. The company has now recorded three consecutive quarters of strengthening end-market conditions. Full-year organic growth guidance was increased to a range of 4% to 5%, reflecting heightened confidence in the durability of the pharma and biotech recovery observed during the first half of the year.
    Orders are climbing f
  • Novo Nordisk shares slide after guidance disappoints investors

    Novo Nordisk shares slide after guidance disappoints investors
    Shares of Novo Nordisk declined approximately 6% following the release of updated financial guidance that fell short of investor expectations, despite the company raising its 2026 outlook from previous estimates.
    The pharmaceutical company narrowed its 2026 adjusted sales outlook to a range of down 6% to flat at constant exchange rates, compared with its prior guidance of down 4% to 12%. Similarly, the company adjusted its outlook for adjusted operating profit to a range of down 6% to flat, rev
  • Certara, Inc. Q2 2026 Earnings Call Summary

    Certara, Inc. Q2 2026 Earnings Call Summary
    Certara, Inc. outlined strategic changes during its second-quarter earnings discussion, emphasizing a shift from generalist to specialist sales operations. The company hired PhD-led science teams to better serve clients requiring complex modeling services, representing a departure from its previous engagement approach.
    The divestiture of the regulatory and medical writing business was presented as a critical strategic decision to strengthen the core software-services platform and enhance financ
  • Trex Company, Inc. Q2 2026 Earnings Call Summary

    Trex Company, Inc. Q2 2026 Earnings Call Summary
    Trex Company attributed its second-quarter sales performance to widespread demand growth across product categories, with particular strength from entry-level consumer purchases returning for the first time in four years. Management noted that growth occurred simultaneously across all pricing tiers rather than following a bifurcated consumption pattern.
    The company is undertaking a restructuring of its North American distribution network intended to streamline operations and capture approximatel

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