The S&P 500 closed the final week of summer at 7,718.60, slightly higher than the previous week and just 1% below its record high set in August 2026. Investors are closely watching the upcoming fourth quarter of 2026, particularly due to uncertainty about whether the Federal Reserve will raise interest rates during that period. The Atlanta Fed's GDPNow tool forecasts a robust 4.7% real GDP growth for the U.S. economy in the third quarter of 2026, slightly up from the previous estimate of 4.6%. This economic outlook and Fed policy expectations are key factors influencing stock prices.
ABM Industries reported strong Q3 2026 results, surpassing analyst EPS estimates with $1.04 per share versus the expected $1.01. The company achieved record revenue of $2.3 billion, a 4.2% increase driven by organic and acquisition growth. Adjusted n...
GameStop is set to report its Q2 2026 earnings with analysts expecting an EPS of $0.27 and revenues around $756.85 million, down from $972.20 million the previous year. The company’s own sales forecast of $780-$800 million confirms a significant reve...
Opus Genetics, a clinical-stage biotech focused on inherited retinal diseases, received a Buy rating and $8 price target from analyst Matthew Caufield in August 2026. The company plans to release topline Phase 1/2 data for its gene therapy OPGx-BEST1...
General Electric (GE) announced it will acquire Consolidated Precision Products (CPP) for $11.75 billion to enhance its aerospace casting production. This strategic move aims to strengthen GE's manufacturing capabilities and accelerate engine technol...
United Natural Foods, Inc. (UNFI) reported a Q4 adjusted EPS of $0.69, surpassing analyst expectations of $0.61, signaling strong profitability. However, revenue slightly missed estimates at $7.64 billion, down 0.7% from the previous year. Despite th...
