US consumer sentiment dropped to 51.7 in August, below July's 55.2 but slightly above forecasts, reflecting ongoing inflation worries and economic uncertainty. Inflation expectations for the year ahead eased slightly to 4.0%, though long-term expectations remain elevated at 3.3%. The decline in sentiment was broad, affecting all political groups and particularly impacting vulnerable consumers. Following the data release, gold prices fell nearly 1%, reacting to concerns about inflation and economic outlook amid geopolitical tensions and policy uncertainty.
Science Applications International Corporation (SAIC) is set to report its Q3 2026 earnings on August 31, with analysts expecting an EPS of $2.31 and revenue of $1.76 billion, both down from last year. Despite the decline, the company offers a quarte...
BYD Company Limited reported strong Q2 2026 results with earnings per share of $0.14, beating analyst estimates of $0.11. The company leads the global electric vehicle market by delivery volume and outperforms competitors like Tesla in profit margins...
SentinelOne reported Q2 fiscal 2027 revenue of about $292 million, a 21% increase year-over-year, beating estimates. Bernstein kept its Outperform rating and raised the price target from $19 to $21. Despite strong earnings and a 10% non-GAAP operatin...
Hafnia Limited reported a robust Q2 2026, achieving a net profit of $278 million and an EPS of $0.56, surpassing analyst expectations. The company benefits from a younger-than-average fleet and increased demand due to geopolitical disruptions and lon...
Papa John's is struggling with a difficult turnaround, marked by an 8.3% decline in North America sales and a significant drop in free cash flow to $9 million in the first half of the year from $37 million the previous year. The company has suspended...
