In 2025, the value of gold in world reserves surpassed foreign holdings of U.S. Treasury securities, but this shift is mainly due to private sector demand boosting gold prices, not increased central bank purchases. Most official gold reserves are legacy holdings from the Bretton Woods era, with few countries actively accumulating gold recently. The U.S. holds a significant portion of gold reserves, skewing comparisons with Treasury securities. Despite gold's price rise, U.S. Treasury securities remain a key part of reserve portfolios, with official investors continuing to buy them. The apparent gold surge reflects valuation changes rather than a strategic shift away from the U.S. dollar by central banks.
VinFast Auto Ltd. is set to release its Q3 2026 earnings with analysts expecting a loss per share of $0.33 and revenues around $1.15 billion. The Vietnamese electric vehicle maker is expanding internationally, promoting its VF 9 SUV in Canada and ben...
United Natural Foods (UNFI) is set to report Q4 earnings with revenue expected around $7.71 billion, a slight 1.6% decline from last year due to network optimization. Despite the revenue drop, EPS is forecasted to rise sharply to $0.61-$0.62, a signi...
Oracle reported strong fiscal 2026 results with 17% revenue growth to $67 billion and a 36% net income increase, driven by a 75% surge in its cloud infrastructure segment. Despite a recent 55% stock price drop from its peak, Morgan Stanley raised Ora...
RBC Capital increased its price target for cybersecurity firm Zscaler to $210, maintaining an "Outperform" rating due to the company's strong financial results and AI innovation. Zscaler reported a 25% rise in revenue and Annual Recurring Revenue, su...
Apple's stock has risen nearly 40% in a year, driven by record revenue and strong iPhone 17 sales, but now trades near analyst targets with concerns over fading tariff benefits and rising memory costs. The company posted its best June quarter ever, w...
