Gold and silver prices declined due to rising crude oil prices, higher Treasury yields, and expectations of Federal Reserve rate hikes, despite renewed US-Iran tensions that typically boost safe-haven demand. Spot gold dropped 0.83% to around $4,368.60 an ounce, and silver fell 0.32% to $65.83. Inflation data due this week and the upcoming Fed meeting are key market drivers, with a 60% chance of a rate increase priced in. Higher oil prices, driven by geopolitical risks in the Strait of Hormuz, add inflation concerns, pressuring precious metals. The market is balancing inflation risks against geopolitical safe-haven demand, with gold and silver trading within technical resistance and support levels.
Chewy will report its Q2 2026 earnings on September 9, with analysts expecting earnings per share (EPS) of $0.36, a 9.1% increase year-over-year, and revenue of $3.32 billion, up 6.8%. Growth is driven by its Autoship subscription program and expansi...
Tarsus Pharmaceuticals recently acquired Alkeus Pharmaceuticals, gaining worldwide rights to gildeuretinol, a promising Phase 3 drug for Stargardt's disease, which currently lacks FDA-approved treatments. Analyst Jefferies raised Tarsus' price target...
The Trade Desk is undergoing restructuring with a 15% workforce reduction costing up to $51 million, following its removal from the S&P 500 index which caused a 2% stock drop. Despite these challenges, the company shows strong financial health, repor...
GameStop reported Q2 2026 revenue of $790.20 million, beating analyst estimates but showing a 19% year-over-year decline due to a strong prior year and strategic store closures. The company's Collectibles segment grew 57% to $356.30 million, offsetti...
El Pollo Loco remains a Buy due to its asset-light expansion strategy, strong unit economics, and growth beyond California. The company’s franchise-led growth focuses on low-cost conversions, boosting return on investment and pushing EBITDA margins t...
