Stock Market & Financial News
Bitcoin stalls near $76K as US jobless claims drop
Bitcoin has struggled to hold an advance above $76,800 after U.S. initial jobless claims fell by 10,000 to 196,000, strengthening the case for the Federal Reserve to keep interest rates elevated after its latest increase.
GE Aerospace says GE9X mid-seal issue won't delay Boeing 777X entry into service
GE Aerospace Chief Financial Officer Rahul Ghai said on Thursday he was confident a durability issue with the GE9X engine's mid-seal would not hold up the Boeing 777X's entry into service next year.
BA +0.33% Corning Rides on Expanding Partner Base: Will it Boost Prospects?
GLW expands AI and telecom partnerships with Meta, Amazon, NVIDIA and Verizon, boosting connectivity opportunities as AI data-center demand grows.
GLW +1.06% Can Worldpay Help Global Payments Build a Stronger Growth Story?
GPN's Worldpay integration is reshaping its growth strategy, with stronger margins and broader payment capabilities offering new avenues for expansion.
GTLL 0% 
Can Centene Sustain Its Turnaround Amid Membership Pressure?
CNC's profitability is recovering, but rising margins face a key test as Medicaid membership declines and eligibility reviews continue.
CNC -0.42% 
Cerebras Drops 19% in 3 Months: Buy, Sell or Hold the Stock?
CBRS faces margin pressure and customer concentration, but strong RPO, expanding capacity and liquidity support its long-term growth outlook.
CBRS +4.33% 
Why Is Jack Henry (JKHY) Down 2.5% Since Last Earnings Report?
Jack Henry (JKHY) reported earnings 30 days ago. What's next for the stock?
JKHY -0.63% 
Mercury Systems (MRCY) Down 13.8% Since Last Earnings Report: Can It Rebound?
Mercury Systems (MRCY) reported earnings 30 days ago. What's next for the stock?
MRCY -1.54% 
Keysight (KEYS) Up 0.8% Since Last Earnings Report: Can It Continue?
Keysight (KEYS) reported earnings 30 days ago. What's next for the stock?
KEYS +1.4% 
ZTO Express Cayman (ZTO) Down 6% Since Last Earnings Report: Can It Rebound?
ZTO Express Cayman (ZTO) reported earnings 30 days ago. What's next for the stock?
ZTO -0.77% 
Why Is Toll Brothers (TOL) Down 10.7% Since Last Earnings Report?
Toll Brothers (TOL) reported earnings 30 days ago. What's next for the stock?
TOL -0.73% 
SoFi Could Be Building Something Wall Street Hasn't Fully Priced In
SoFi just posted a record quarter and raised guidance while its stock sits near a 52-week low, and the gap between what the business is doing and what the market is pricing in may be wider than most investors realize.
SOFI -1.22% 
Momentum Group Limited (MMTHF) Q4 2026 Earnings Call Transcript
Momentum Group Limited (MMTHF) Q4 2026 Earnings Call Transcript
MMTHF 0% 
Cipher Digital jumps 13%, but grid status is no green light
Cipher Digital (NASDAQ:CIFR) shares jumped 13% Wednesday after the company secured conditional grid classifications for 3.2 gigawatts of Texas data-center capacity, though the designations stop short of authorizing power connections. The company first disclosed the 3.2-gigawatt total last week, then identified the individual sites in a breakdown posted on X on Tuesday.
CIFR -3.49% 
Costco faces margin pressure as BofA cuts price target
Costco Wholesale Corporation (NASDAQ:COST, XETRA:CTO) retained Bank of America Corp (NYSE:BAC)'s Buy rating despite a price target cut, as rising supply chain costs prompted a more cautious margin outlook. In September 16 trading, shares fell to $900.49, while the broker maintained its "buy" rating and cut its price target to $1,095 from $1,200.
BAC -0.91% 
GE Vernova rebounds 6% after earlier sell-off
GE Vernova Inc (NYSE:GEV) rebounded with Bernstein's backing after an earlier sell-off that followed broader concerns about technology infrastructure spending. Shares were up 6% at $933.94 during afternoon trading on Wednesday, outpacing the utilities sector's reported 1.24% advance.
GEV +0.02% 
Union Pacific upgraded to Buy by UBS on stronger 2027 growth outlook
Union Pacific Corp (NYSE:UNP, XETRA:UNP) received a UBS upgrade to Buy from Neutral as the broker forecast stronger 2027 growth, excluding potential NSC merger benefits from its base case. UBS raised its price target from $310 to $339, applying an unchanged multiple of 21 times its 2028 earnings forecast of $16.15 per share.
UBS -1.13% 
Xponential Fitness outlook hit by weaker sales, slower studio expansion
Xponential Fitness Inc. (NYSE:XPOF) faces lower UBS forecasts and a $4.50 price target, down from $7, after weaker sales prompted management to cut guidance. Management's revised guidance puts financial year 2026 revenue at $250 million to $260 million and EBITDA at $91 million to $97 million.
XPOF -1.9% 
Dow ends sharply lower as Fed hikes rates and Treasury yields rise
4:25pm: 10-year yield tops 5% US stocks finished mixed on Wednesday, with the Dow bearing the brunt of the selling as investors digested the Federal Reserve's first interest rate hike in three years and another rise in long-term bond yields. The Dow Jones Industrial Average fell 631 points, or 1.2%, to 51,462, while the S&P 500 dropped 34 points, or 0.5%, to 7,552.
DOW +2.18% 
Tertiary Minerals reveals latest "incredibly compelling" silver results from Mushima North project
Tertiary Minerals PLC (AIM:TYM, OTC:TTIRF, FRA:TMU) has reported its highest-grade silver-copper intersection yet at the Mushima North project in Zambia, with drilling returning 82 metres at 107 grams per tonne silver equivalent from just 8 metres depth. Hole 26TMNRC-066 returned 82m grading 89 g/t silver, 0.20% copper and 0.38% zinc, including a higher-grade 37m section at 165 g/t silver, 0.28% copper and 0.58% zinc.
MTX -1.12% 
ACG Metals reports revenue growth as higher prices support Gediktepe works
ACG Metals Ltd (LSE:ACG, OTC:ACGAF) reported a 27% rise in first-half revenue to US$90 million as higher gold and silver prices offset lower production during the transition of its Gediktepe mine towards commercial sulphide operations. Adjusted EBITDA increased 19% to US$48 million, while cash generated from operations reached US$30 million.
ACGAF 0% 
DNO improves cash terms for Capricorn takeover bid
DNO has improved its recommended US$396 million (£294 million) takeover of Capricorn Energy PLC (LSE:CNE, OTC:CRNZF) as an entirely cash offer, removing reliance on the target being able to pay a special dividend before completion. Capricorn shareholders will now receive US$5.214 per share in cash, equivalent to 388p, from the previous proposal that comprised US$4.224 in cash plus an intended US$0.99 special dividend.
CRNZF -10.3% 
Kingfisher upgraded as bank reverses 2025 call
Deutsche Bank has upgraded Kingfisher PLC (LSE:KGF), the FTSE 100 owner of B&Q and Screwfix, to 'hold' from 'sell', and raised its price target to 300p from 260p. The move reverses a sell call made in December 2025, which had rested on UK cost pressures and a weaker economic backdrop.
KGFHY -0.32% 
Man Group motors after leading bank upgrades
Shares in Man Group PLC (LSE:EMG) jumped 6% to 334.8p after UBS upgraded the hedge fund manager to 'buy', betting that a sharp rebound in its computer-driven strategies will force forecasts higher. The Swiss bank lifted its rating from 'neutral' and raised its price target to 365p from 335p.
MNGPF 0% 
Tesco and Sainsbury on notice as Morrison's fights back
Citi has taken a slightly negative view of Tesco PLC (LSE:TSCO) and J Sainsbury PLC (LSE:SBRY) after Morrisons' latest quarterly results, warning of intensifying competition among the big supermarkets. Morrisons, the privately owned grocer, reported like-for-like sales up 3.2% in the 13 weeks to 26 July, a measure that strips out the effect of new store space.
TSCDY -2.06% 
Sigma Lithium marks five years on Nasdaq with second closing bell honor
Sigma Lithium Corp (TSX-V:SGML, NASDAQ:SGML) will ring the Nasdaq Closing Bell during New York Climate Week, the second time it has received the honor, recognizing its strategy to build the largest lithium oxide industrial mineral producer in the Americas. The ceremony coincides with the fifth anniversary of Sigma Lithium's Nasdaq listing.
LTUM -4.02% 
3i Group receives vote of confidence as bank sees further Action value
UBS has reaffirmed its 'buy' rating on 3i Group PLC (LSE:III), the FTSE 100 investment company, pointing to fresh evidence that its most important holding is on the mend. The bank kept its price target at 3,200p, implying roughly 20% upside from the recent 2,675p.
III -0.65% 
Purepoint hits strong radioactivity at new Q24 target within Dorado project
Purepoint Uranium Group Inc (TSX-V:PTU, OTCQX:PTUUF, FRA:P5X0) said a new drill hole at its Dorado joint venture project intersected strong radioactivity at the unconformity, a key geological marker for uranium deposits, at a newly identified target area called Q24. Drill hole PG26-11 returned 7.4 metres averaging 8,760 counts per second (cps), including 0.5 metres averaging 38,710 cps, with a maximum downhole probe reading of 50,110 cps.
PTUUF -2.65% 
Reasons to Retain DENTSPLY SIRONA Stock in Your Portfolio for Now
XRAY's digital dentistry, R&D and restructuring support growth, but CAD/CAM, implants, SureSmile and tariff pressures pose near-term risks.
XRAY -1.45% 
Lennar Q3 earnings fall as homebuilder cuts annual delivery target
Lennar Corp (NYSE:LEN) reported a 52% drop in third-quarter net earnings and lowered its annual delivery target. Net earnings fell to $284 million, or $1.19 per diluted share, from $591 million, or $2.29, a year earlier.
LEN-B -0.65% 
