TradingKey

TradingKey - On Friday, October 2 (Eastern Time), the US will release its September nonfarm payrolls report. The market will focus on whether job growth can sustain August's rebound and whether the data will alter expectations for subsequent Federal Reserve rate hikes.

• Strong U.S. economic data and higher Treasury yields drove USDJPY upside. • Gradual Bank of Japan rate hikes failed to bridge yield differentials. • Technical indicators show neutral signals alongside an overbought Williams %R.

Jabil reported higher fiscal 2026 revenue, earnings and cash flow and forecast $44.5 billion of FY2027 revenue, led by AI infrastructure growth.

FactSet reported 7% organic ASV growth in fiscal Q4 2026 and issued fiscal 2027 guidance for $2.60 billion to $2.625 billion in revenue.

Cal-Maine said specialty eggs and prepared foods reached about 54% of Q1 FY2027 sales as excess industry supply pressured conventional egg pricing.

Conagra Brands reaffirmed its FY2027 outlook after Q1 adjusted EPS rose 5.1%, while organic sales fell 1.1% and adjusted margins narrowed.

Progress Software Q3 FY2026 revenue reached $246 million with a 43% margin. PRGS raised FY2026 guidance and detailed its $400 million Domo acquisition.

Micron Q4 FY2026 earnings call: revenue reached $54.2 billion, while management guided fiscal Q1 2027 revenue to $61.5 billion amid tight DRAM and NAND supply.

On September 30 Eastern Time, after Micron Technology (MU) released its fourth-quarter fiscal 2026 financial results (for the period ended September 3) after U.S. market close, its stock price reversed earlier losses to rise 2%. Micron's Q4 revenue reached $54.229 billion, up approximately 30.81% quarter-over-quarter from $41.456 billion in the previous quarter and up approximately 379.27% year-over-year from $11.315 billion in the same period last year. This surpassed market expectations of $51.5 billion, beating estimates by about 5.30%.

Micron Technology’s fiscal Q4 2026 revenue reached $54.23 billion, up about 379% year over year, while GAAP diluted EPS rose to $32.87 from $2.83. GAAP gross margin expanded to 86.8%, and operating cash flow climbed to $43.97 billion, supporting $33.20 billion of adjusted free cash flow. Core Data Center was the largest business unit at $18.00 billion of revenue. For fiscal Q1 2027, Micron guided to $61.5 billion of revenue, plus or minus $1.5 billion, with GAAP EPS of $37.84, plus or minus $1.00.

• JFrog gained upward momentum from its new Zero-Touch Remediation security product rollouts. • Enterprise demand for automated DevSecOps governance solutions supports sustainable top-line expansion. • Analysts maintain a constructive sentiment with an average price target of $111.99.

The U.S. annualized PCE growth rate slowed to 3.4% in August, pushing U.S. Treasury yields lower. U.S. stocks ended mixed, with mega-cap tech stocks leading the gains. At the close, the Dow Jones Industrial Average fell 0.86% to 50,906.05, the Nasdaq Composite Index gained 0.24% to 26,861.06, and the S&P 500 Index slipped 0.25% to 7,651.54.

Jabil Q4 FY2026 revenue rose 29% to $10.6 billion. Management forecasts $44.5 billion of FY2027 revenue as AI infrastructure demand accelerates.

FactSet’s Q4 FY2026 earnings call covered 7% organic ASV growth, rising AI and MCP adoption, record ASV generation, and FY2027 growth and margin guidance.

Conagra Brands (CAG) fiscal Q1 2027 earnings call: Q2 organic sales seen down 2%, inflation near the high end of 5%-6%, and leverage near 4x.

Cal-Maine Foods Q1 FY2027 sales fell 41.5% as egg oversupply drove a $58.6 million loss, while Prepared Foods capacity expansion continued.

• Pershing Square launched Pershing Square Ventures to expand permanent capital. • Strong quarterly performance and management fees exceeded Wall Street expectations. • Valuation debates persist despite positive technical momentum and buying interest.

• Gen Digital reaffirmed financial guidance and clarified its disciplined acquisition strategy. • Management projects performance tracking toward the upper end of raised guidance. • Technical indicators show oversold conditions despite strong cash generation and revenue.

• Robinhood shares closed lower despite new product announcements at the HOOD Summit. • Profit-taking and premium valuation multiples contributed to the session's intraday downturn. • The company reported $4.47B in annual revenue and $1.88B in net profit.

• Petrobras signed a twenty-two-year LNG supply agreement with Cheniere Energy. • Analysts maintain constructive sentiment driven by strong cash flow and valuation. • Technical indicators show mixed signals with an RSI at sixty-one.