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US economy shows broad boom with strong manufacturing, energy, and tax policies driving growth

Market News
03 Sep 2026
Fox Business
View Source
Bullish
pluang ai news

The US economy is experiencing a broad boom across sectors, driven by regulatory certainty, strong energy production, and favorable tax policies. Production of oil has reached nearly 14 million barrels per day, alongside record natural gas exports, making the US a global energy leader. Tax incentives like 100% bonus depreciation are fueling investments in machinery, equipment, and tech startups, boosting job creation in manufacturing and data centers. Productivity growth and manufacturing indexes have shown consistent gains, signaling sustained economic strength despite skepticism from some media outlets.

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Shell expands with $16.5B ARC Resources buy and full Tri Star Energy takeover

Shell expands with $16.5B ARC Resources buy and full Tri Star Energy takeover

Shell plc completed a $16.5 billion acquisition of ARC Resources Ltd., boosting its production by 370,000 barrels of oil equivalent per day and targeting 4% annual growth through 2030. The company also agreed to acquire the remaining 67% of Tri Star ...

Company Fundamentals
Bullish
2 hours ago
Teladoc Health cuts 2026 revenue forecast amid insider stock sale and BetterHelp struggles

Teladoc Health cuts 2026 revenue forecast amid insider stock sale and BetterHelp struggles

Teladoc Health's BetterHelp segment saw an 11.6% revenue drop and a near-zero profit margin in Q2 2026, partly due to a shift from cash to insurance payments. The company lowered its full-year 2026 revenue guidance to $2.36-$2.45 billion from $2.48-$...

Market News
Bearish
2 hours ago
Zscaler shares jump after beating Q4 earnings and revenue estimates, driven by AI focus.

Zscaler shares jump after beating Q4 earnings and revenue estimates, driven by AI focus.

Zscaler reported strong fiscal Q4 results, surpassing analyst expectations with an EPS of $1.19 and revenue of $898.19 million, a 25% year-over-year growth. The company credits its robust performance to strategic investments in artificial intelligenc...

Company Fundamentals
Bullish
2 hours ago
Ciena shares drop 11% despite strong Q3 earnings and AI-driven demand growth.

Ciena shares drop 11% despite strong Q3 earnings and AI-driven demand growth.

Ciena reported a strong Q3 2026 with adjusted EPS of $2.11, a 215% increase year-over-year, and revenue up 37% to $1.67 billion, driven by high demand from cloud and AI data centers. The company’s backlog rose to $8.5 billion, signaling strong future...

Company Fundamentals
Neutral
3 hours ago
Kazia Therapeutics advances cancer drug trials with strong financial backing and upcoming earnings report.

Kazia Therapeutics advances cancer drug trials with strong financial backing and upcoming earnings report.

Kazia Therapeutics is progressing its main cancer drug candidate, paxalisib, into Phase 2 trials for colorectal cancer and planning a new breast cancer study. The company recently raised $40 million to support these developments and maintains a stron...

Company Fundamentals
Bullish
3 hours ago
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