News Bulletin

Tuesday, September 30th, 2026

Evening Edition

 

Economic Numbers:

Time

Event

Actual

Forecast

Previous

Wednesday, September 30, 2026

8:15

ADP Nonfarm Employment Change (Sep)

90K

73K

36K

8:30

Core PCE Price Index (YoY) (Aug)

3.00%

3.30%

3.00%

8:30

Core PCE Price Index (MoM) (Aug)

0.20%

0.30%

0.10%

8:30

GDP (QoQ) (Q2)

2.20%

1.50%

2.10%

8:30

PCE Price index (YoY) (Aug)

3.40%

3.70%

3.40%

8:30

PCE price index (MoM) (Aug)

0.30%

0.40%

0.10%

8:30

Personal Spending (MoM) (Aug)

0.90%

0.80%

0.10%

8:30

Core PCE Prices (Q2)

3.30%

3.60%

4.40%

8:30

GDP Price Index (QoQ) (Q2)

6.10%

6.40%

3.60%

8:30

Retail Inventories Ex Auto (Aug)

0.10%

 

0.80%

8:30

Goods Trade Balance (Aug)

-132.60B

-116.30B

-118.80B

 

Indices
 

 

CLOSE

50 DMA

200 DMA

DJIA

50,906.05

52,750.49

50,249.34

NASDAQ

26,861.06

26,244.85

24,691.30

S&P 500

7,651.54

7,648.73

7,216.05

 

Earnings Calendar:

(EPS: Earning Per Share / Rev: Revenue / Mkt Cap : market Capital/ BMO : Before Market Opening /AMC : After Market Close)

NAME

COMPANY

Mkt CAP

EPS/Forcast

Rev/Forcast

Time

FEAM

5E Advanced Materials, Inc.

$127.02M

-$0.221 / -$0.25

$0.000 / $0.00

 

MU

Micron

$1.20T

- / $31.73

- / $51.33B

 

FDS

Factset Research

$9.25B

$4.520 / $4.35

$634.698M / $629.83M

BMO

CALM

Cal-Maine Foods

$3.22B

-$1.260 / -$0.77

$539.607M / $561.57M

BMO

JBL

Jabil

$33.41B

$4.400 / $4.07

$10.616B / $9.71B

BMO

CAG

Conagra Brands

$6.76B

$0.410 / $0.28

$2.596B / $2.59B

BMO

BSET

Bassett Furniture

$156.28M

- / $0.13

- / $82.77M

AMC

PRGS

Progress Software

$1.62B

- / $1.51

- / $247.33M

AMC

 

Market News:

 

Micron (NASDAQ: MU) reported fourth quarter EPS of $33.42, $2.26 better than the analyst estimate of $31.16. Revenue for the quarter came in at $54.23B versus the consensus estimate of $50.45B.

 

 

Constellation (Nasdaq: CEG) and Amazon (Nasdaq: AMZN) have announced a 20-year power purchase agreement covering 690 megawatts of nuclear capacity at the Calvert Cliffs Clean Energy Center in Lusby, Maryland, including approximately 190 megawatts of new generating capacity expected to come online between 2030 and 2032.

 

 

Alphabet Inc. (NASDAQ:GOOGL) shares declined Wednesday heading to the market close, paring gains to up 0.5% from up over 2%, following a Bloomberg report that highlighted internal employee skepticism about the performance of the company’s upcoming Gemini 4 artificial intelligence model.

 

 

Warner Bros Discovery Inc (WBD) stock has reached a new 52-week high, hitting $30.93. This milestone reflects a significant upward trend for the company, with the stock experiencing a 59.38% increase over the past year.

 

 

Jefferies identified three biotechnology stocks that appear undervalued with strong commercial prospects despite a challenging macro environment. All three of the highlighted stocks are positioned to launch products with significant peak sales potential.

 

Delphia Therapeutics (DFTX)

The company's single-dose oral psychedelic DT120 has produced three positive Phase III datasets in major depressive disorder and generalized anxiety disorder, each addressing over 20 million U.S. patients. A pre-NDA meeting in Q4 2026 should support an NDA submission in H1 2027 for GAD. The company could potentially file jointly for both indications, given DT120's two breakthrough therapy designations.

 

Axsome Therapeutics (AXSM)

Auvelity is approved for both MDD and Alzheimer's agitation, with the latter indication launched in June 2026. Weekly total prescriptions and new prescriptions are reaching record highs, suggesting sample conversion is occurring.

 

BridgeBio Pharma (BBIO)

The company is positioned to launch four blockbuster oral medications. Attruby in ATTR-CM could reach $3-4 billion in U.S. peak sales. Sales are expected to grow $25-30 million quarter-over-quarter from the Q2 2026 base of $222 million, before accelerating in late 2027.

For internal use only