Gold prices have declined following mixed signals from the US Treasury and Federal Reserve, with the Fed's hawkish stance and rising global bond yields putting downward pressure on gold. Recent hot US inflation data and Fed Chair Warsh's comments at the Jackson Hole Symposium increased expectations for near-term rate hikes, raising gold's opportunity cost and reducing its appeal. Despite continued inflows into global gold ETFs and rising futures net longs, gold faces technical resistance and risks a pullback to its 55-day average amid weakening momentum. Support levels are identified around $4,311 and $4,215 per ounce, while resistance lies near $4,474 and $4,530, with a move above the latter potentially signaling a trend reversal.
Cheniere Energy, a leading U.S. liquefied natural gas producer, saw strong institutional confidence with UBS reaffirming its Buy rating. Major investors like Beacon Pointe Advisors and Rakuten Investment Management increased their stakes, signaling o...
Yext reported Q2 earnings with an EPS of $0.21, surpassing analyst estimates of $0.17, resulting in a 23.53% earnings surprise. Despite this, the company's revenue was $111.10 million, slightly below the $111.30 million expected, marking its fourth c...
KKR received a Buy rating from UBS as it sells USI Insurance Services to Aon for $17 billion, marking a major strategic move. Despite facing a record $250 million penalty from the Justice Department over premerger rules, analysts see potential positi...
Heidmar Maritime reported Q2 2026 earnings per share (EPS) of $0.04, slightly below analyst estimates of $0.05 but improved from $0.01 a year ago. The company achieved strong revenue of $29 million, significantly beating expectations and showing a 20...
Credo Technology Group Holding Ltd. is set to release its Q3 earnings on September 1, 2026, with analysts forecasting a significant rise in earnings per share to $1.17 from $0.52 last year and revenue around $473 million, nearly doubling from the pre...
