The US economy added 162,000 jobs in August, far exceeding the expected 55,000 increase, while the unemployment rate remained steady at 4.1%. Wage growth was moderate, with average hourly earnings rising 0.3% monthly and 3.1% yearly. The strong jobs report has shifted market expectations for the Federal Reserve's September 16 meeting, intensifying debate on how AI impacts hiring, particularly limiting new graduates but boosting technical roles. Analysts suggest the labor market will tighten further into 2027, influencing Fed decisions on inflation and interest rates, with upcoming CPI and PPI data crucial for the next move.
VinFast Auto Ltd. is set to release its Q3 2026 earnings with analysts expecting a loss per share of $0.33 and revenues around $1.15 billion. The Vietnamese electric vehicle maker is expanding internationally, promoting its VF 9 SUV in Canada and ben...
United Natural Foods (UNFI) is set to report Q4 earnings with revenue expected around $7.71 billion, a slight 1.6% decline from last year due to network optimization. Despite the revenue drop, EPS is forecasted to rise sharply to $0.61-$0.62, a signi...
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...
RBC Capital increased its price target for cybersecurity firm Zscaler to $210, maintaining an "Outperform" rating due to the company's strong financial results and AI innovation. Zscaler reported a 25% rise in revenue and Annual Recurring Revenue, su...
Monteverde & Associates PC, a top-ranked class action law firm, is investigating the merger between Texas Ventures Acquisition III Corp and Plus Automation, Inc. The firm is assessing whether the deal is fair to shareholders and offers free informati...
