Gold prices remain stable even as US initial jobless claims stay low, signaling a strong labor market. This strength supports expectations that the Federal Reserve may raise interest rates again soon, pushing 10-year Treasury yields to near 5.30%, a 20-year high. Despite higher yields increasing the opportunity cost of holding gold, the metal's price rose slightly, showing resilience amid positive economic data. Investors are watching the Fed's upcoming policy meeting closely for further rate decisions.
Gold price stability amid a strong US labor market is the subject, with Pluang's market snapshot as of Oct 01, 2026 18:14 WIB: Among 150 US stocks priced on Pluang, 87 advanced and 55 declined. Salesforce Inc (CRM) rose 1.70% to USD 233.48 with a typical hold time of 88 days and a buy order activity of 87%. Baker Hughes Co (BKR) increased 1.53% to USD 55.74, held typically for 75 days.
An analyst at Truist Financial raised Wells Fargo's price target to $95, suggesting a 20.74% upside from its current price. This optimism is driven by expected strong third-quarter earnings of $1.85 per share and $22.34 billion in revenue, surpassing...
Oklo is developing advanced fast-fission reactors to power future data centers and industrial hubs, aiming to lead in carbon-free energy. Piper Sandler reaffirmed an "Overweight" rating on the stock, reflecting confidence in Oklo's growth prospects. ...
Nike is set to release its quarterly earnings on October 1, 2026, with analysts forecasting an EPS of $0.44 and revenue of $11.32 billion, both down from last year. The company's stock has fallen 80% this year, hitting 13-year lows, reflecting a chal...
Lamb Weston is set to report Q3 earnings with analysts forecasting an EPS of $0.59, down from $0.74 last year, and revenue around $1.65 billion, nearly flat compared to the prior year. The company’s "Focus to Win" strategy has generated over $100 mil...
Cal-Maine Foods reported a $58.6 million net loss and a 42% drop in net sales, driven by lower conventional egg prices. An analyst downgraded the stock to Hold with a $70 price target, reflecting a modest 2.85% upside from current levels. Despite cha...
