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Major indexes rise on tech earnings and dovish Fed talk; cautious ahead of key CPI data.

Market News
08 Sep 2026
Seeking Alpha
View Source
Neutral
Major indexes rise on tech earnings and dovish Fed talk; cautious ahead of key CPI data.

Most major U.S. stock indexes, except the Dow, rose last week driven by strong tech earnings and dovish comments from the Federal Reserve. Investors remain cautious as upcoming Consumer Price Index (CPI) data could influence the Fed's interest rate decisions and market direction. Rising oil prices and geopolitical risks pose inflation challenges, but economic resilience is seen in earnings upgrades and steady job growth. Bond markets suggest tighter policy ahead, with 10-year yields potentially hitting 5% if inflation or Fed signals disappoint.

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Intel shares jump on High-NA EUV tech progress and $120 price target upgrade

Intel shares jump on High-NA EUV tech progress and $120 price target upgrade

Intel's stock surged after Northland Securities upgraded it from "Market Perform" to "Outperform" with a $120 price target, following Intel Foundry's progress in High Numerical Aperture Extreme Ultraviolet (High-NA EUV) lithography. Intel has process...

Market News
Bullish
1 hour ago
ABM Industries beats Q3 EPS estimates with $1.04, posts record $2.3B revenue and strong cash flow.

ABM Industries beats Q3 EPS estimates with $1.04, posts record $2.3B revenue and strong cash flow.

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...

Company Fundamentals
Bullish
1 hour ago
GameStop Q2 earnings show revenue drop but focus on strategic fund use and financial health.

GameStop Q2 earnings show revenue drop but focus on strategic fund use and financial health.

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...

Company Fundamentals
Neutral
1 hour ago
Opus Genetics gets Buy rating ahead of key gene therapy data release on Sept 9, 2026.

Opus Genetics gets Buy rating ahead of key gene therapy data release on Sept 9, 2026.

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...

Analyst Insights
Bullish
2 hours ago
GE to acquire CPP for $11.75B, boosting aerospace casting capacity and earnings potential

GE to acquire CPP for $11.75B, boosting aerospace casting capacity and earnings potential

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...

Analyst Insights
Bullish
2 hours ago
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