In August, gold-backed ETFs attracted $18 billion in capital, marking the second-largest monthly inflow on record, driven by concerns over rising global sovereign debt and potential dollar weakening. North American and European funds led the inflows with $7.7 billion and $7.9 billion respectively, while Asian ETFs added $2 billion, led by China. The World Gold Council notes that gold's appeal as a portfolio diversifier and hedge against fiscal risks remains strong despite looming rate hikes. Future investment demand hinges on market confidence in U.S. Treasury's ability to cap bond yields, with gold benefiting if confidence wanes due to ongoing fiscal and monetary challenges.
Korn Ferry reported strong Q1 results with earnings per share of $1.43 and revenue of $756.5 million, both exceeding analyst expectations and marking continued growth. Despite this, the stock fell due to conservative guidance for the next quarter, wh...
SailPoint reported Q2 2026 earnings with revenue of $308.81 million, slightly below estimates but up 17% year-over-year. Adjusted EPS of $0.09 beat analyst expectations by 12.5%, reflecting improved profitability. The company showed strong subscripti...
The Cooper Companies is set to report its Q3 2026 earnings with analysts expecting earnings per share (EPS) of $1.12 and revenue of $1.10 billion, both showing growth from the previous year. Despite a recent 2.7% drop in stock price to $67.69, an ana...
Marvel Biosciences Corp. has received approval from the TSX Venture Exchange to extend the closing deadline for its private placement from August 31 to September 14, 2026. The company, which develops synthetic chemical derivatives of off-patent drugs...
Social Security's trust fund is projected to run out by 2032, potentially reducing retirees' benefits and creating an income gap. This shortfall is due to demographic shifts and the program's limited investment options. To supplement future income, r...
