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Gold prices rise 7% after weak July jobs data boosts rate cut hopes

Market News
14 Aug 2026
24/7 Wall Street
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Bullish
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Gold prices, tracked by GLDM, surged about 7% in August following a disappointing July jobs report that lowered expectations for Federal Reserve rate hikes. The report showed a slight decline in nonfarm payrolls and a small drop in unemployment, prompting traders to anticipate earlier rate cuts. This shift reduced real yields, making gold more attractive as it pays no interest and benefits when real yields fall. GLDM remains below its 2026 peak, offering a buying opportunity amid the Fed's dilemma between sticky inflation and a cooling labor market. Investors seeking portfolio insurance may consider a 5-10% allocation to gold in this environment.

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Genasys Q3 revenue dips but gross margin jumps; analyst sees 108% stock gain potential

Genasys Q3 revenue dips but gross margin jumps; analyst sees 108% stock gain potential

Genasys reported a Q3 2026 revenue drop to $7.3M due to supply-chain issues and a work suspension, not demand loss. Despite this, gross margin improved to 57.1% and operating loss narrowed to $4M, showing better efficiency. An analyst raised the pric...

Company Fundamentals
Bullish
39 minutes ago
Definitive Healthcare posts a stellar 41.44% ROIC, far surpassing its 5.78% capital cost.

Definitive Healthcare posts a stellar 41.44% ROIC, far surpassing its 5.78% capital cost.

Definitive Healthcare Corp. stands out with a remarkable Return on Invested Capital (ROIC) of 41.44%, significantly exceeding its Weighted Average Cost of Capital (WACC) of 5.78%. This means the company generates over seven times the value for every ...

Market News
Bullish
45 minutes ago
OptimumBank's price target raised to $11 amid strong financial growth and profitability.

OptimumBank's price target raised to $11 amid strong financial growth and profitability.

Industrial Alliance Securities raised OptimumBank Holdings' price target from $7.00 to $11.00, signaling a 15.24% potential upside. The bank shows strong financial health with a 2.04% ROAA, 20.34% ROAE, and a 4.57% net interest margin. Its loans grew...

Analyst Insights
Bullish
1 hour ago
Abeona Therapeutics' price target cut to $15 after Q2 revenue miss and operational issues with Zevaskyn therapy.

Abeona Therapeutics' price target cut to $15 after Q2 revenue miss and operational issues with Zevaskyn therapy.

Industrial Alliance Securities lowered Abeona Therapeutics' price target from $20 to $15 following a 14% stock drop after the company reported Q2 revenues of $11.4 million, missing analyst expectations. The company faces operational challenges with i...

Analyst Insights
Bearish
2 hours ago
Inovio advances DNA medicine pipeline with FDA review of INO-3107 and $18.3M funding secured

Inovio advances DNA medicine pipeline with FDA review of INO-3107 and $18.3M funding secured

Inovio Pharmaceuticals is progressing its DNA medicine pipeline with its lead candidate INO-3107 for Recurrent Respiratory Papillomatosis under FDA accelerated review, targeting a decision by October 30, 2026. The company raised $18.3 million in fund...

Market News
Bullish
2 hours ago
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