The Federal Reserve is expected to start raising interest rates this week, signaling a shift to a more restrictive monetary policy. This move could strengthen bearish views on rates, inflation, and economic growth slowdown. Rising long-term rates globally and higher energy costs may keep inflation elevated and pressure corporate profits, complicating the Fed's task. Despite these challenges, strong earnings growth currently supports the bull market, though investors are advised to be more selective amid narrowing leadership and rising rates.
Kroger reported mixed Q2 earnings with adjusted EPS of $1.09 beating estimates, but revenues slightly below expectations at $34.62 billion. Despite slower sales growth, Kroger maintained its full-year adjusted EPS guidance of $5.10 to $5.30, supporte...
Enbridge Inc. is expanding its crude oil infrastructure by acquiring Tallgrass Energy's crude oil business for $2.55 billion. This move strengthens its presence in key U.S. oil regions and is funded partly by a recent $3 billion public offering. Desp...
RF Industries reported a record quarterly revenue of $23.96 million, a 21% increase from last year, surpassing analyst expectations. Although earnings per share slightly missed estimates at $0.19 versus $0.20, the company showed strong year-over-year...
Morgan Stanley analyst Joe Laetsch raised Valero Energy's price target to $411, signaling a potential 3.18% upside from its current price. Institutional investors like Virginia Retirement Systems and Gamco Investors are initiating new positions, whil...
Hain Celestial reported a Q4 2026 loss per share of $0.05, missing analyst estimates of $0.03 loss, with revenues down to $263.07 million from $363.35 million a year ago. The company is selling its international business for $323 million to focus on ...
