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Latest financial and economic news and analysis

Seeking Alpha News Agency
20 hours ago•Seeking Alpha
Stocks Medium Importance Neutral
Sandisk: Memory Has Structurally Changed, The Sector Cannot Remain At 5x P/E

Sandisk: Memory Has Structurally Changed, The Sector Cannot Remain At 5x P/E

Sandisk Corporation is upgraded to Strong Buy with a $3,900 price target, implying 200% upside as AI transforms memory from cyclical to core infrastructure. SNDK's PCIe Gen 5, QLC, and BiCS8 technologies, combined with vertical integration and Kioxia partnership, position it as a key AI infrastructure supplier. Consensus underappreciates SNDK's shift from consumer electronics to AI-driven demand, supporting a re-rating from 5x to 15x P/E as margins and growth accelerate.

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Schwab Network News Agency
20 hours ago•Schwab Network
General Medium Importance Neutral
Markets Higher as Jobs Number Disappoints, Wage Growth Falls

Markets Higher as Jobs Number Disappoints, Wage Growth Falls

Stocks are higher Friday despite the U.S. losing jobs in July, as slowing average hourly wage growth and a drop in the unemployment rate to 4.1% offered potentially encouraging signs for the Fed's inflation fight. Kevin Hincks breaks down the jobs report, the latest headlines from Iran, Airbnb (ABNB) surging after earnings, and The Trade Desk (TTD) plunging following disappointing quarterly results and a weak outlook.

Source: Schwab Network
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GlobeNewsWire News Agency
20 hours ago•GlobeNewsWire
Stocks Medium Importance Neutral
HUBG Investors Have Opportunity to Lead Hub Group, Inc. Securities Fraud Lawsuit with SBS Law

HUBG Investors Have Opportunity to Lead Hub Group, Inc. Securities Fraud Lawsuit with SBS Law

LOS ANGELES, Aug. 07, 2026 (GLOBE NEWSWIRE) -- Schall, Brown & Schwartz LLP (“SBS”), a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Hub Group, Inc. (“Hub” or “the Company”) (NASDAQ: HUBG) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Shareholders who purchased shares of HUBG during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments.

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Source: GlobeNewsWire
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Forbes News Agency
20 hours ago•Forbes
General Medium Importance Neutral
Payroll Growth Stalls As Labor Force Declines

Payroll Growth Stalls As Labor Force Declines

The U.S. job market is experiencing renewed flatness, with July payrolls declining by 23,000, primarily in local government, finance, and retail. Despite a seemingly positive drop in the unemployment rate to 4.1%, this masks a significant issue: the labor force is shrinking. It decreased by 264,000 last month, and participation has fallen a full percentage point since December. This trend is driven by Baby Boomer retirements and immigrants exiting the workforce, partly due to aggressive deportation policies. While modest payroll growth may not cause higher unemployment, this shrinking labor pool is expected to weaken overall economic growth and accelerate workplace automation.

Source: Forbes
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Seeking Alpha News Agency
20 hours ago•Seeking Alpha
Stocks Medium Importance Neutral
Expensify: Still Positive After Q2 Earnings Turnaround And Raised Cash Flow Guidance

Expensify: Still Positive After Q2 Earnings Turnaround And Raised Cash Flow Guidance

Expensify is rated Buy, driven by a return to non-GAAP profitability and robust free cash flow growth in 2Q26. EXFY's shift from legacy to AI-native solutions enhanced operating leverage effects, with EBITDA margin rising from -3.9% to +19.6% YoY. Free cash flow guidance for FY2026 was raised 73% to $13M, supporting ongoing buybacks; EXFY repurchased 7% of shares in 2Q26.

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GlobeNewsWire News Agency
20 hours ago•GlobeNewsWire
Stocks Medium Importance Neutral
PODD Investors Have Opportunity to Lead Insulet Corporation Securities Fraud Lawsuit with SBS Law

PODD Investors Have Opportunity to Lead Insulet Corporation Securities Fraud Lawsuit with SBS Law

LOS ANGELES, Aug. 07, 2026 (GLOBE NEWSWIRE) -- Schall, Brown & Schwartz LLP (“SBS”), a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Insulet Corporation (“Insulet” or “the Company”) (NASDAQ: PODD) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Shareholders who purchased shares of PODD during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments.

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Source: GlobeNewsWire
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Crypto Briefing News Agency
20 hours ago•Crypto Briefing
Cryptocurrency Medium Importance Neutral
Starknet completes quantum-resistant signature transfer test on mainnet

Starknet completes quantum-resistant signature transfer test on mainnet

Starknet's quantum-resistant test on mainnet sets a precedent for blockchain security, urging networks to prioritize post-quantum cryptography. Starknet completes quantum-resistant signature transfer test on mainnet.

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Source: Crypto Briefing
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