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Forgent Power Solutions, Inc. (NYSE: FPS ) shares are trading higher Wednesday on continued momentum after the company reported record fourth quarter and full year 2026 results this week. Forgent Power Solutions shares are powering higher. What’s fueling FPS momentum? Forgent Power Solutions Q4 Highlights Forgent on Tu
Citi on FOMC
Axon Enterprise Inc. (NASDAQ: AXON ) shares are trading lower Tuesday after the company announced a proposed offering of $1.0 billion in convertible senior notes. Axon stock is trending lower. What’s driving AXON stock lower? A $1 Billion Note Sale to Fund Growth Axon intends to offer $1.0 billion aggregate principal a
BioNTech SE and OncoC4 Inc. released first median overall survival results from stage 1 of the PRESERVE-003 Phase 3 trial for gotistobart, reporting nearly doubled survival versus standard chemotherapy in a specific patient population and citing a stock jump of about 2%.
Goldman Sachs said a September rate increase remains unlikely, citing softer retail sales, weaker employment data and cooling inflation ahead of PCE data and Jackson Hole.
Federal Reserve Chairman Kevin Warsh is due to debut at the Jackson Hole Symposium as markets track rising Treasury yields, a weaker dollar and policy signals.
Minutes from the Fed’s July 28-29 meeting show most participants supported keeping interest rates unchanged, while several favored an increase, citing concerns that current financial conditions may not be restrictive enough to return inflation to 2%
U.S. stock futures point lower early Wednesday as investors await the Federal Reserve’s August FOMC minutes, with the raw feed also citing Asian market weakness and geopolitical तनाव.
U.S. stocks were mostly lower by midday Monday, while the New York Fed’s Empire State Manufacturing Index rose to 20.6 in August from 15.6, above the 11 consensus.
Federal Reserve Chairman Kevin Warsh held interest rates steady Wednesday for a fifth straight meeting, then told reporters that while the Fed "hasn’t done much in 42 days, the markets have done quite a bit." Pressed on whether the Fed was simply sitting still, Warsh insisted there was “nothing inertial” about their me
As Wall Street debates whether Citadel Securities ’ call for a surprise Federal Reserve rate hike this week is viable, macro researcher Jim Bianco highlighted that current market pricing showing a 38% probability means the firm’s prediction “is not that far” from reality. Citadel Foresees End of Forward Guidance Report