Stock Market & Financial News
British Pound: Break below 1.35 shifts focus lower against US Dollar – Scotiabank
British Pound: Break below 1.35 shifts focus lower against US Dollar – Scotiabank
Dell's Record $60.9 Billion AI Order Quarter Leaves Stock Investors Unimpressed—Here's Why
Dell just posted the largest AI order quarter in enterprise hardware history, yet shareholders sent the stock lower. The reason buried in the earnings report explains everything about whether this AI boom actually pays.
DELL Gold price forecast: near-term bounce, sellers still in charge
Gold price forecast: near-term bounce, sellers still in charge
IREN's Customers Are Starting To Fund The Build
IREN has approximately $4 billion of contracted ARR, while current negotiations approach $25 million of annual revenue per MW. Three-year contract pricing increased 125% since November, suggesting scarce AI power is translating directly into stronger unit economics. Customer prepayments cover roughly 45% to 55% of GPU CapEx, reducing the equity intensity of IREN's massive expansion.
IREN 
2 Dividend Kings, 1 Clear Winner: P&G vs. Colgate
Two of the market's most reliable dividend payers just cut checks to shareholders within days of each other. Procter & Gamble (NYSE:PG | PG Price Prediction) paid $1.0885 per share on August 17, 2026, while Colgate-Palmolive (NYSE:CL) paid $0.
CL 
Subsea7 Secures New LLOG Contract Award in the Gulf of America
SUBCY secures a $50M-$150M LLOG contract for Who Dat East, adding Gulf of America subsea work to its $13.6B project backlog.
SUBCY 
EuroDry Soars 304% YTD: Is It Still a Red-Hot Stock to Bet on?
EDRY's 304% YTD surge may have more room to run as rising TCE rates, near 100% fleet utilization and fleet upgrades support its outlook.
EDRY 
First American's Housing Business Faces High Mortgage-Rate Pressure
FAF faces residential pressure from high mortgage rates, but strong commercial title activity and investment income offer support.
FAF 
Can Elastic (ESTC) Run Higher on Rising Earnings Estimates?
Elastic (ESTC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
ESTC 
Surging Earnings Estimates Signal Upside for ADM (ADM) Stock
Archer Daniels Midland (ADM) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
ADM 
J.M. Smucker Stock's Rally Has More Than Tariffs Behind It
Consumer staples stocks were supposed to be dead money in a market where investors are looking for alpha in the artificial intelligence trade. But the sector has had some notable winners.
SJM 
Centrifuge tokenized assets hit $1.6B as holder count surges 23% in a single month
Centrifuge's growth highlights the increasing institutional adoption of blockchain for asset management, potentially reshaping financial markets. Centrifuge tokenized assets hit $1.6B as holder count surges 23% in a single month.
Here's Why You Should Retain Advance Auto Stock in Your Portfolio
AAP's selective expansion, stronger Main Street Pro sales and margin gains support profitability, despite DIY weakness and higher costs.
AAP 
Can Mastercard's VAS Business Sustain Its Double-Digit Growth?
MA's VAS revenues rise 20% in Q2, driven by security, AI and digital solutions, but sustaining double-digit growth hinges on demand and cross-selling.
MA 
Google yet again avoided a breakup of its business — but it will have to play nicer
Breaking up is never easy. And now Google doesn't have to do it.
GOOG 
Chevron confirms it will invest billions to expand operations in oil-rich Venezuela
Oil giant Chevron confirmed that it will expand its operations in Venezuela, just days after President Donald Trump announced an ambitious deal to develop the nation's oil reserves and give the Pentagon a stake in the profits.Chevron, the only U.S. oil company that has a major presence in the country, said Wednesday that it has been assigned additional acreage in the Orinoco Belt, where the company has an established position. Joint venture plans include investing more than $7 billion over the next five years, more than doubling production to approximately 600,000 barrels a day compared with 2026.
CVX 
XRP's $2 Dream Now Runs Through a Crowded $1.31 Floor
$2 becomes more than a round number. ETF inflows help the bid, but they do not erase those supply shelves.
Analyst revises Oracle (ORCL) stock price target
Although Oracle Corp. (NYSE: NYSE) saw its market capitalization fall by $146.4 billion so far in 2026, hovering at $407.1 billion on September 2, Mark Moerdler, a Wall Street analyst at Bernstein SocGen Group, expects another rally towards the all-time high (ATH) over the next 12 months.
ORCL 
Can SR's Strategic Investments Support Sustainable Long-Term Growth?
Spire's $11.2B investment plan, Tennessee expansion and regulated utility focus aim to support 5-7% long-term adjusted EPS growth.
SR 
Here's Why You Should Offload Dana Stock From Your Portfolio
DAN faces EV weakness, lower China JV earnings and integration risks, while higher spending pressures EPS and free cash flow.
DAN 
Micron: This Cycle Might Shock Everyone
Micron Technology remains a compelling long-term investment, with fundamentals strengthening despite recent sector-driven stock volatility. MU benefits from surging AI memory demand, multi-year customer agreements, and sold-out HBM4 capacity through 2026, supporting robust pricing power. My updated DCF model yields a fair value of $1,574 per share, above both current levels and the street's $1,513 target, driven by higher revenue assumptions.
MU 
ETF Acquisitions Surge: Goldman, Victory, & T. Rowe Price Expand
August 2026 was a blockbuster month for ETF acquisitions. As Todd Rosenbluth, head of research at VettaFi, recently highlighted, the ETF industry is firing on all cylinders, attracting massive inflows and racing toward a potential new record.
FEGE 
NOW Broadens Aramco AI Footprint as CRM & MSFT Expand AI Ambitions
ServiceNow's Aramco Digital pact could expand AI workflow adoption across 50+ countries and sharpen its push against Salesforce and Microsoft.
DNOW 
Capital B Raises $8.8M From Adam Back To Boost Bitcoin Holdings
Capital B raised €7.6 million ($8.8M) from Adam Back, CEO of Blockstream, to expand its bitcoin treasury. The firm issued 13,181,030 shares at €0.58 each, with four warrants per share, as part of a €21 million round.
Cisco vs. IBM: A Dividend Showdown Between 2 Tech Giants
Two of the technology sector's most recognizable dividend payers just moved cash to shareholders, and the checks could not tell more different stories. Cisco Systems (NASDAQ:CSCO | CSCO Price Prediction) sent its $0.
IBM 
Daktronics Q1 Earnings Call Highlights
Daktronics NASDAQ: DAKT reported fiscal 2027 first-quarter revenue growth, higher operating income and its highest quarterly earnings per share in three years, supported by demand across its major end markets and a backlog that remained above $300 million.
DAKT 
Kontoor Brands Targets $1.1B Helly Hansen Revenue by 2030 as U.S. Expansion Accelerates
Kontoor Brands NYSE: KTB outlined a five-year growth plan for Helly Hansen centered on expanding in the U.S., entering technical outdoor categories more deeply and scaling its workwear business globally.
KTB 
Nvidia: The Market Is Crazy Not To Push The Stock Higher
Nvidia Corporation is continuing to grow at an unrelenting pace and it passed 3 of my 4 key metrics that I was looking for. delivered a double-beat quarter with 105.9% Y/Y revenue growth and record EPS, surpassing guidance for the 13th consecutive time. NVDA issued its first-ever FY28 revenue growth guidance of ~70%, described as supply-constrained and materially above consensus, signaling a major re-rating event. Gross margin guidance steps down structurally due to HBM4 pass-through, but forward multiples remain undemanding given >60% net margins and >110% ROE.
NVDA 
Will Truist's NII Growth Momentum Continue to Strengthen in 2026?
TFC's NII growth is likely to remain positive in 2026, backed by loan and earning-asset growth, but loan spreads and deposit mix could limit momentum.
TFC 
IREN's Mining Exit Accelerates: Will AI Cloud Offset the Transition?
IREN's Bitcoin mining exit accelerates as AI Cloud scales rapidly, but revenue timing, heavy capital spending and GPU delivery remain key tests.
IREN 
