Stock Market & Financial News
FuelCell Energy posts wider quarterly loss as costs outpace new data center contract pricing
FuelCell Energy (NASDAQ:FCEL) reported a steeper third-quarter loss on Wednesday, as inventory and purchase-commitment charges tied to a new data center power agreement pushed costs above what the deal currently pays. Revenue fell 29% year-over-year to $33 million, missing analyst estimates of $41.3 million, while adjusted loss per share came in at $0.64, wider than the $0.41 loss expected.
FCEL Pearson rally halts as Citi turns neutral on valuation concerns
Pearson PLC (LSE:PSON) was downgraded by Citi on Wednesday, as the investment bank moved its rating on the global education group to 'neutral' following an extended share price rally. The shares fell 3% to 1,193.75p in London trading as Citi adopted a 'neutral' stance and adjusted its financial models after a circa 40% rally in the stock since the February low.
PSO Ollie's Bargain Outlet beats on earnings, trims sales forecast
Ollie's Bargain Outlet (NASDAQ:OLLI) shares jumped 7.5% after the discount retailer posted second-quarter adjusted earnings that topped Wall Street estimates, even as revenue fell short of expectations. The company reported adjusted earnings per share of $1.42, beating the average analyst estimate of $1.14 and up 43.43% from $0.99 a year earlier.
OLLI Silver Price Bounces from $65 as Bulls Eye $70 Resistance
Silver continues to look for reasons to rally, with the Wednesday session looking to bounce back so far. Momentum will be something the market needs to find, though.
Seeking Clues to Casey's (CASY) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics
Besides Wall Street's top-and-bottom-line estimates for Casey's (CASY), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended July 2026.
CASY 
Ahead of DocuSign (DOCU) Q2 Earnings: Get Ready With Wall Street Estimates for Key Metrics
Get a deeper insight into the potential performance of DocuSign (DOCU) for the quarter ended July 2026 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.
DOCU 
Ahead of ABM Industries (ABM) Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics
Evaluate the expected performance of ABM Industries (ABM) for the quarter ended July 2026, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
ABM 
Countdown to ServiceTitan Inc. (TTAN) Q2 Earnings: A Look at Estimates Beyond Revenue and EPS
Get a deeper insight into the potential performance of ServiceTitan Inc. (TTAN) for the quarter ended July 2026 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.
TTAN 
Dell Q2: The Dinosaur Is Fairly Priced Now (Downgrade)
Dell Technologies Inc. delivered a blowout quarter, with revenue surpassing estimates by $2.47B and guidance 18% above consensus, driven by AI momentum. ISG segment revenue surged 89% YoY, with AI-optimized servers and storage showing robust, diversified growth and operating margin expanding by 6 percentage points. Management forecasts AI-optimized servers revenue to triple by FY 2027, supported by a $95B backlog and expectations of sustained infrastructure demand.
DELL 
Analyst updates Tesla stock price target ahead of Texas Cybercab event
While Elon Musk's electric vehicle (EV) maker, Tesla (NASDAQ: TSLA), appears to have successfully built up hype among its fans for the Thursday, September 3, ‘Cybercab' event, Wall Street seemingly remains relatively unfazed.
TSLA 
CEMIG: Behind The 11% Yield At This Brazilian Utility Monopoly
Cemig is a state-controlled Brazilian utility operating as a natural monopoly in the state of Minas Gerais. I rate CIG as Hold; operational improvements since 2019 are largely priced in. Despite trading at low multiples, governance risk, slow growth rates, and FX exposure temper the upside. I expect the current 11% yield to come under pressure from rising capex, increased leverage, and higher interest expenses.
CIG 
EntropyIO lists pre-IPO perps on Hyperliquid, but OpenAI contract was delisted before anyone traded it
The delisting highlights the speculative nature of pre-IPO markets, emphasizing the need for genuine interest to sustain such trading platforms. EntropyIO lists pre-IPO perps on Hyperliquid, but OpenAI contract was delisted before anyone traded it.
Bitcoin Price Gets Squeezed Below $78K as Bulls Defend the Floor
Bitcoin's price hovered around $76,400 to $77,100 on Wednesday morning at 10 a.m. after retreating from the Aug. 28 high of $81,455 per coin. In the crazy and volatile bitcoin market, a great deal now rests on $76,229 per unit support as short-term weakness collides with a significantly stronger, longer-term moving-average structure.
Palo Alto Sinks 8% Despite 34% Revenue Growth, CrowdStrike Falls 3%, Fortinet Slips
Cybersecurity stocks are trading lower Wednesday morning as a marquee earnings beat drew heavy selling, and the reaction looks like a repricing of one name's premium while sector peers move far less.
CRWD 
CoinGecko adds tracking for 126+ tokenized ETFs, including Bitcoin ETFs
CoinGecko's tracking of tokenized ETFs could accelerate the integration of traditional finance with blockchain, enhancing market accessibility. CoinGecko adds tracking for 126+ tokenized ETFs, including Bitcoin ETFs.
Gold price hits CAD $6,087/oz after Bank of Canada holds rates, says ‘US tariffs and threats of further action pose risks'
The Bank of Canada (BoC) maintained its key overnight rate at 2.25% on Wednesday, as expected, with the bank rate staying at 2.50% and the deposit rate remaining at 2.20%. The BoC said the ongoing conflict in the Middle East is keeping energy prices high.
AAAU 
EUR/USD, USD/CAD and USD/CHF Face Key Dollar Tests
The forex markets continue to watch the ten-year yield in the United States, while the jobs data on Friday could be a big mover if we get an unexpected number.
Brown-Forman B (BF.B) Q1 Earnings Meet Estimates
Brown-Forman B (BF.B) came out with quarterly earnings of $0.38 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.36 per share a year ago.
CAG 
Why is MongoDB stock falling 13% despite strong Q2 results
MongoDB stock MDB fell sharply on Wednesday after the database software company reported second-quarter results that beat expectations but failed to deliver the faster Atlas growth investors had anticipated. Shares were down 13% in trading at $375.72 after closing Tuesday down 4% ahead of the earnings release.
MDB 
Buy and Hold Caterpillar Poised to Gain Further on AI Data Center Boom
CAT is poised to benefit from the AI data-center boom as record backlog, power demand and capacity expansion fuel growth.
CAT 
Barrick Mining's Q2 Gold Production Rises: Will It Continue in Q3?
Barrick Mining's Q2 gold output topped guidance, with further gains expected in Q3 and Q4 as key operations ramp up.
B 
Pick These 5 Bargain Stocks With Exciting EV-to-EBITDA Ratios
PARR, AMKR, KSS, AVT and ECVT stand out with attractive EV-to-EBITDA ratios and strong earnings outlook.
AMKR 
Nio Drops 4% on J.P. Morgan Downgrade and $4.50 Price Target, XPeng and Li Auto Slip
Shares of Nio (NYSE:NIO | NIO Price Prediction) are down 4% to $3.92 in early Wednesday trading after J.P. Morgan cut the stock to Neutral from Overweight and lowered its price target to $4.50 from $7.00.
MGHL 
Adobe acquires Indian market intelligence startup Rilo
Adobe has acquired India-based marketing intelligence startup Rilo in a deal involving licensing and team acquisition, TechCrunch learned and the company confirmed. This is Adobe's second acquisition from India after it bought video platform Rephrase.ai in 2023.
ADBE 
G-III Apparel Group Q2 Earnings Call Highlights
G-III Apparel Group NASDAQ: GIII reported second-quarter fiscal 2027 earnings above its guidance range, supported by gross-margin expansion and expense management, while reaffirming its annual sales outlook and raising its adjusted earnings forecast. The company also completed its acquisition of Marc Jacobs, which management described as a transformational step in its shift toward a portfolio led by owned brands.
GIII 
Alimentation Couche-Tard Q1 Earnings Call Highlights
Alimentation Couche-Tard TSE: ATD reported first-quarter fiscal 2027 results marked by higher adjusted earnings, continued loyalty-program growth and stronger food sales, while management said selective consumer spending continued to pressure certain traditional convenience-store categories.
ANCTF 
Teva's TEV-408 Hits Key Phase IIa Endpoint in Celiac Disease Study
Teva Pharmaceutical Industries NYSE: TEVA reported positive topline results from a Phase IIa gluten-challenge study of TEV-408, its anti-IL-15 antibody candidate for celiac disease, with the company saying the treatment met its primary endpoint and showed statistically significant effects on key measures of intestinal damage.
TEVA 
Gold (XAUUSD) Price Forecast: XAUUSD Bounces from Value Zone Test as Yields Hit 4.8%
Gold bounced from $4,282.62 inside a key retracement zone Wednesday but yields near 4.8% and 68% September hike odds kept the rate trade in control of XAUUSD.
GitLab Stock Pops on Solid Results, Rosy Forecast
GitLab shares could be set to add one-quarter of their value in a single day.
GTLB 
Dell Posts Strong Results and Hikes Its Outlook. The Stock Is Rallying
Dell Technologies shares are surging after the PC and server maker posted earnings that topped analysts' estimates and hiked its outlook, boosted by booming AI demand.
DELL 
