Recent core-PCE inflation and jobs data suggest the Federal Reserve may pause interest rate hikes soon, reducing market uncertainty. The probability of a rate hike in October has dropped below 20%, though December still looks likely for an increase. The upcoming earnings season, especially from major tech and AI companies, could drive market gains and sector rotation. The analyst maintains a positive outlook for the S&P 500, targeting 8,200-8,500 by early 2027, favoring high-quality tech and beaten-down sectors.
The recent market focus on rates and nonfarm payrolls comes as 85 of 150 priced US stocks on Pluang rose today, while 65 fell. Notable movers include Halliburton Company (HAL) with a 3.61% gain, GameStop Corp. (GME) up 3.48%, and Bristol-Myers Squibb Co (BMY) down 3.87%. This snapshot is as of Oct 05, 2026 22:52 WIB.
SPX Technologies (NYSE: SPXC) recently traded near its 52-week low around $170, down about 1.6% from the previous close. Despite this, several analysts maintain positive outlooks with price targets ranging from $250 to $301, indicating potential upsi...
PBF Energy's shares have surged 173% over the past year, nearing record highs due to stronger refining margins and improved quarterly results. The company reduced its net term debt by over $1.4 billion in Q2 2026, refinanced notes, and maintained nea...
J D Wetherspoon reported an 8.6% increase in like-for-like sales in the first nine weeks of its new financial year, helped by favorable weather. However, profit before tax fell 28% to £58.60 million despite a 5.2% revenue rise to £2.24 billion, mainl...
Oppenheimer has maintained its Outperform rating on Enphase Energy but lowered the price target from $56 to $55. Enphase Energy, a company specializing in solar microinverters, home batteries, and energy management products, has seen its shares drop ...
During June's market downturn, Bitcoin's price remained above its realized price on daily closes, a sign of resilience not seen in previous bear markets since 2017. The realized price reflects the average cost basis of coins in circulation, and while...
