We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Pre-Markets in Green, Inflation Data, Retail Sales, Q2 Earnings This Week
Read MoreHide Full Article
U.S. stock futures edged higher this morning after an impressive last week. Despite uncertainties about the impact of the Trump administration’s tariff and trade policies, the tech-heavy Nasdaq Composite posted all-time highs for both closing and intraday basis on Friday. The S&P 500 was also very near to posting another record high. The Dow too, advanced last week.
This week major focus will be on two key inflation data. The consumer price index (CPI), which is commonly known as household inflation and the producer price index (PPI) will be released on Tuesday and Thursday morning, respectively. Soft reading of these two key inflation data likely to boost investors’ sentiment for the first interest rate cut by the Fed in September.
Expectations of a rate cut have gathered steam following unexpectedly weak jobs additions in July as well as significantly downwardly revised jobs data for both June and May. The Fed will conduct its important Jackson Hole Symposium for Economic Policies during Aug 21-23. The release of CPI and PPI data ahead of the symposium will be important to set the tone for the September FOMC meeting.
In addition, retail sales data, industrial production data and the Michigan U.S. consumer sentiment index, to be released on Friday, will be monitored by the central bank.
Strong Q2 Earnings: MNDY, FNV, B, LEGN
The cloud-based internet-software developer monday.com Ltd. (MNDY - Free Report) came up with quarterly adjusted earnings of $1.09 per share, beating the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $0.94 per share a year ago. The company posted revenues of $299.01 million, surpassing the Zacks Consensus Estimate by 2%.
Leading gold miner Franco-Nevada Corp. (FNV - Free Report) reported second-quarter 2025 adjusted earnings per share of $1.24, up 65% year over year. The Zacks Consensus Estimate was $1.10 per share. The company recorded quarterly total revenues of $369.4 million, up 42% year over year.
Leading gold miner Barrick Mining Corp. (B - Free Report) reported second-quarter 2025 adjusted earnings per share of $0.47, up 47% year over year and in line with the Zacks Consensus Estimate. The company recorded quarterly total revenues of $3.681 billion, up 16% year over year.
Mid-cap clinical-stage biopharmaceutical company Legend Biotech Corp. (LEGN - Free Report) came up with a quarterly adjusted loss of $0.34 per share, wider than the Zacks Consensus Estimate of a loss per share of $0.22. The company posted revenues of $255.06 million, outpacing the Zacks Consensus Estimate of $226.26 million.
Events After Today’s Closing Bell
No major economic data will be released after today’s market close. On the earnings front, specialist chemical producer Celanese Corp. (CE - Free Report) , electric vertical takeoff and landing (eVTOL) aircraft manufacturer Archer Aviation Inc. (ACHR - Free Report) and clean power technology and nuclear fuel recycling company Oklo Inc. (OKLO - Free Report) will release their quarterly financial numbers.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Pre-Markets in Green, Inflation Data, Retail Sales, Q2 Earnings This Week
U.S. stock futures edged higher this morning after an impressive last week. Despite uncertainties about the impact of the Trump administration’s tariff and trade policies, the tech-heavy Nasdaq Composite posted all-time highs for both closing and intraday basis on Friday. The S&P 500 was also very near to posting another record high. The Dow too, advanced last week.
This week major focus will be on two key inflation data. The consumer price index (CPI), which is commonly known as household inflation and the producer price index (PPI) will be released on Tuesday and Thursday morning, respectively. Soft reading of these two key inflation data likely to boost investors’ sentiment for the first interest rate cut by the Fed in September.
Expectations of a rate cut have gathered steam following unexpectedly weak jobs additions in July as well as significantly downwardly revised jobs data for both June and May. The Fed will conduct its important Jackson Hole Symposium for Economic Policies during Aug 21-23. The release of CPI and PPI data ahead of the symposium will be important to set the tone for the September FOMC meeting.
In addition, retail sales data, industrial production data and the Michigan U.S. consumer sentiment index, to be released on Friday, will be monitored by the central bank.
Strong Q2 Earnings: MNDY, FNV, B, LEGN
The cloud-based internet-software developer monday.com Ltd. (MNDY - Free Report) came up with quarterly adjusted earnings of $1.09 per share, beating the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $0.94 per share a year ago. The company posted revenues of $299.01 million, surpassing the Zacks Consensus Estimate by 2%.
Leading gold miner Franco-Nevada Corp. (FNV - Free Report) reported second-quarter 2025 adjusted earnings per share of $1.24, up 65% year over year. The Zacks Consensus Estimate was $1.10 per share. The company recorded quarterly total revenues of $369.4 million, up 42% year over year.
Leading gold miner Barrick Mining Corp. (B - Free Report) reported second-quarter 2025 adjusted earnings per share of $0.47, up 47% year over year and in line with the Zacks Consensus Estimate. The company recorded quarterly total revenues of $3.681 billion, up 16% year over year.
Mid-cap clinical-stage biopharmaceutical company Legend Biotech Corp. (LEGN - Free Report) came up with a quarterly adjusted loss of $0.34 per share, wider than the Zacks Consensus Estimate of a loss per share of $0.22. The company posted revenues of $255.06 million, outpacing the Zacks Consensus Estimate of $226.26 million.
Events After Today’s Closing Bell
No major economic data will be released after today’s market close. On the earnings front, specialist chemical producer Celanese Corp. (CE - Free Report) , electric vertical takeoff and landing (eVTOL) aircraft manufacturer Archer Aviation Inc. (ACHR - Free Report) and clean power technology and nuclear fuel recycling company Oklo Inc. (OKLO - Free Report) will release their quarterly financial numbers.