ADVFN US – Market Content Editor
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Which equity factors tend to outperform when Fed rate hikes begin?
The start of a Federal Reserve tightening cycle has historically produced notable changes in U.S. equity market leadership, according to an analysis by Barclays examining sector and style-factor performance around the first interest rate increase. Market expectations have increasingly moved towards the possibility of a rate hike by the first Federal Open Market Committee meeting…
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JPMorgan eases lending restrictions in push for tech wealth clients – FT
JPMorgan Chase is relaxing some of its lending restrictions on shares in recently listed companies as the bank seeks to win more wealthy clients from rapidly expanding technology businesses, the Financial Times reported on Tuesday, citing people familiar with the matter. Under its standard policy, JPMorgan generally does not accept shares as collateral for loans…
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SpaceX orbital compute could gain appeal as data center opposition grows
SpaceX’s (NASDAQ:SPCX) ambitions to move computing infrastructure into orbit could become more attractive as political resistance to terrestrial data centers intensifies across the US, Evercore ISI said in a note to investors. Analyst Kutgun Mural pointed to an increasingly difficult political and regulatory environment for new data center developments. Texas has paused as many as…
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Stocks Slip as Warsh Warns Inflation Fight Is Not Over
Wall Street closed modestly lower on Friday after new Federal Reserve Chair Kevin Warsh used his debut Jackson Hole address to warn that inflation remains too high and that the central bank may need to raise interest rates in the months ahead. The message cooled some of the enthusiasm that had carried stocks higher a…
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Stocks Target Flat Open Ahead of Fed Chair Warsh’s Jackson Hole Speech: Dow Jones, S&P and Nasdaq Futures
Dow Jones, S&P 500 and Nasdaq futures are currently pointing to a roughly flat open on Friday, with stocks likely to show a lack of direction after ending the previous session mostly higher. Traders may be reluctant to make significant moves ahead of Federal Reserve Chair Kevin Warsh’s speech at the Jackson Hole economic symposium…
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Fed Chair Warsh Jackson Hole Speech Preview: What to Expect Alongside Key August Data
MNI Indicators is due to release its report on Chicago-area business activity in the month of August at 9:45 am ET. The Chicago business barometer is expected to rise to 59.0 in August from 57.6 in July, with a reading above 50 indicating growth. At 10 am ET, Federal Reserve Chairman Kevin Warsh is scheduled…
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Take-Two shares rise after Rockstar Games releases extended GTA VI preview
Take-Two Interactive Software Inc. (NASDAQ:TTWO) shares rose 2.3% in pre-market trading after Rockstar Games premiered “Grand Theft Auto VI: An Extended Look” on Netflix on the evening of August 27. Rockstar also reaffirmed the November 19, 2026 launch date for Grand Theft Auto VI alongside the showcase. The release followed the circulation of unauthorised GTA…
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Gap shares rise after Q2 earnings beat and higher full-year guidance
Gap Inc (NYSE:GAP) shares rose more than 13% in pre-market trading on Friday after the retailer reported second-quarter adjusted earnings above analyst expectations and raised its full-year earnings guidance. Adjusted earnings per share came in at $0.52, exceeding the analyst consensus of $0.49 by $0.03. Quarterly revenue was $3.7 billion, matching the consensus estimate but…
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Rubrik raises fiscal 2027 outlook after revenue increases 38%
Rubrik (NYSE:RBRK) raised its full-year revenue and adjusted earnings outlook after reporting a 38% increase in second-quarter revenue and moving to an adjusted profit. Revenue reached $427.3 million for the quarter ended July 31, up from $309.9 million in the same period a year earlier. Adjusted diluted earnings per share increased to $0.20 from an…
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Ulta Beauty beats Q2 estimates and raises fiscal 2026 guidance
Ulta Beauty Inc (NASDAQ:ULTA) reported second-quarter earnings and revenue above analyst expectations, while the beauty retailer also raised its fiscal 2026 guidance. The company posted adjusted earnings per share of $6.55, exceeding the analyst consensus of $6.17 by $0.38. Revenue increased 8.9% to $3.04 billion from $2.79 billion in the prior-year quarter, ahead of the…