The Federal Reserve's preferred inflation gauge, the personal consumption expenditures price index, is expected to show steady inflation above the 2% target, with year-over-year increases around 3.7% for all items and 3.3% for core items. This persistent inflation, combined with continued consumer spending despite rising prices, suggests the Fed is unlikely to pause its monetary tightening. Key Fed officials have indicated another rate hike is probable before year-end to address ongoing inflation pressures. Market expectations align with this outlook, pricing in further rate increases in the coming months.
The Fed's inflation gauge is the story's subject, with Pluang data providing market context. For readers following Financials, here is Pluang's market snapshot as of Sep 30, 2026 01:11 WIB: Of 85 priced US Financials stocks, 22 rose and 60 fell. Notable moves include TCPC at USD 4.07 (+2.26%), GPN at USD 82.99 (-2.02%), and AFRM at USD 68.55 (+1.99%) with 100% buy order activity and a typical hold time of 21 days.
Micron Technology is set to report record quarterly revenue of up to $51.33 billion, fueled by strong demand for high-bandwidth memory in the AI market. Earnings per share are expected to jump significantly to around $31.72, compared to $3.03 last ye...
Sangoma Technologies reported a smaller-than-expected loss with an EPS of -$0.08, beating analyst estimates of -$2.19, though its revenue of $48.55 million slightly missed expectations. Despite ongoing profitability challenges reflected in a negative...
Iovance Biotherapeutics has increased its full-year 2026 revenue guidance to $410-$420 million, reflecting nearly 60% growth driven by strong U.S. demand for its cancer therapy Amtagvi, which generated $91 million in Q2 sales. Analyst Joseph Pantgini...
uniQure's stock fell sharply by 37% following a four-year update on its AMT-130 gene therapy for Huntington's disease, which showed reduced effectiveness from 80% at three years to 44% at four years, failing to reach statistical significance. Despite...
First Financial Bank, a subsidiary of First Financial Bankshares, Inc., announced it will open a new full-service branch in Bee Cave, Texas, in late October. This marks the bank's 81st location and strengthens its presence in Central Texas and the gr...
