Gold prices dropped nearly 2% to $4,385.80 an ounce after US August job growth exceeded expectations, with 162,000 new jobs added versus the forecast of 55,000. The unemployment rate remained steady at 4.1%. Strong employment data suggests the Federal Reserve may raise interest rates again soon, putting downward pressure on gold prices, which are sensitive to rate hikes. This shift follows a week of weaker labor reports, renewing optimism about the US economy's resilience.
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...
Lululemon Athletica's shares fell about 18% after the company lowered its full-year financial forecast for the second time, reflecting ongoing challenges. In Q2 2026, total net revenue dropped 4% to $2.40 billion, with a 10% fall in comparable sales ...
UiPath reported strong fiscal Q2 results with $410.26 million revenue and 12% ARR growth, beating estimates. However, analyst caution arises from its high valuation, modest growth compared to AI-focused peers, and recent insider selling by CEO and ex...
DynaResource's Mexican subsidiary, DynaMéxico, received approximately $4 million in cash from Mexico's tax authority as a refund for approved value-added tax (VAT) credits from early 2025. This payment marks the first VAT refund since 2023 and is par...
Lululemon's stock fell 20% to $97.85 after the company cut its full-year earnings guidance for the second time in 2026, citing weaker demand and a slow start to Q3. The athletic apparel retailer reported a 10% drop in Q2 comparable sales, with leggin...
