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Sarah Lin - Markets Reporter at EdWealth

Sarah Lin

Markets Reporter

Covers US equities, earnings season, and analyst moves. Previously reported on Asian markets for the South China Morning Post. Based in New York.
Latest
South Korea's KOSPI rebounded 1.4% and Japan's Nikkei steadied Thursday as a pause in the global bond selloff lifted Asian equities ahead of Friday's US jobs report.

KOSPI climbs 1.4% as bond rout pause faces US jobs test

KOSPI rebounded 1.4% and the Nikkei steadied Thursday as a bond-selloff pause lifted Asian equities ahead of Friday's US jobs report.
Sarah Lin
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Sep 03 2026
Snowflake reported Q2 fiscal 2027 product revenue of $1.49 billion, up 37 percent year over year, as AI demand drove an earnings beat and raised full-year guidance.

Snowflake surges 21% as AI demand lifts product revenue 37%

**Key Takeaways:** - Product revenue rose 37 percent to $1.49 billion, accelerating from 30 percent growth - Full-year product revenue guidance raised to $6.07 billion from $5.84 billion - Non-GAAP operating margin expanded to 15 percent, up more than 400 basis points
Sarah Lin
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Sep 02 2026
Securities class action filed against PROCEPT BioRobotics alleging undisclosed bulk discounts inflated handpiece sales and left customers with over 10,000 excess inventory units.

PROCEPT faces securities fraud class action after 18% stock decline

A Sept. 22 lead plaintiff deadline looms for investors in PROCEPT BioRobotics (NASDAQ: PRCT) who bought shares during a two-year window ending Feb. 25, 2026, when the company revealed its handpiece sales had outpaced actual procedures by over 10,000 units. The stock dropped more than 18 percent on that disclosure, triggering the securities fraud case.
Sarah Lin
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Sep 02 2026
Hagens Berman Sobol Shapiro LLP filed a securities class action against Cogent Communications Holdings (NASDAQ: CCOI) over undisclosed wavelength backlog issues tied to an approximately 29 percent stock decline.

Cogent Communications faces securities class action after 29% stock decline

A securities fraud class action has been filed against Cogent Communications Holdings (NASDAQ: CCOI) by Hagens Berman Sobol Shapiro LLP, alleging the company misrepresented its optical wavelength backlog and customer demand. The lawsuit covers investors who purchased shares between Feb. 29, 2024 and May 1, 2026, following an approximately 29 percent stock decline.
Sarah Lin
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Sep 02 2026
PVH Corp reported a $102.9 million Q2 2026 net loss versus a $224.2 million profit a year earlier, attributing the $327.1 million swing to revenue pressure from the Iran war on its international apparel business.

PVH swings to $102.9M Q2 loss as Iran war pressures sales

PVH Corp, parent of Tommy Hilfiger and Calvin Klein, reported a $102.9 million second-quarter net loss versus a $224.2 million profit a year earlier, a $327.1 million deterioration driven by revenue pressure from the Iran war on its international apparel operations. Adjusted earnings topped analyst estimates even as sales declined.
Sarah Lin
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Sep 02 2026
Snowflake reported Q2 FY2027 product revenue of $1.49 billion, up 37 percent year over year, and raised full-year guidance, sending shares up over 20 percent in after-hours trading.

Snowflake surges 20% after product revenue growth accelerates to 37%

**Key Takeaways:** - Product revenue rose 37 percent to $1.49B, third straight quarter of accelerating growth - FY2027 product revenue guidance raised to $6.07B from $5.84B prior outlook - CoCo AI accounts surpassed 9,100, adding more than 2,000 in the quarter
Sarah Lin
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Sep 02 2026
Hewlett Packard Enterprise reported fiscal Q3 revenue of $12.2 billion, up 33.7 percent year over year, beating estimates, yet shares slid 7.8 percent after hours.

HPE shares slide 7.8% despite Q3 beat and raised guidance

**Key Takeaways:** - Revenue of $12.2B, up 33.7% YoY, topped consensus of $11.9B - Diluted EPS of $1.06 beat the $0.94 estimate - Shares fell 7.8% after hours as a 120% YTD rally priced in the beat
Sarah Lin
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Sep 02 2026
Five Below raised its fiscal 2026 sales guidance to $5.63-5.71 billion after second-quarter net sales rose 22.9% to $1.26 billion.

Five Below lifts sales outlook to $5.71B as value demand holds

**Key Takeaways:** - Q2 net sales rose 22.9% to $1.26 billion, comparable sales up 14.1% - Full-year sales guidance raised to $5.63-5.71 billion from $5.40-5.48 billion - Board approved new $600 million share repurchase program
Sarah Lin
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Sep 02 2026
U.S. stocks rose in a muted session as Treasury yields stalled while crude oil climbed toward $87 a barrel on renewed military clashes between Iran and the U.S.

U.S. stocks rise as oil nears $87 on Iran escalation

Renewed U.S.-Iran military strikes kept a supply premium in crude near $87 a barrel while equity and bond moves stayed muted, with the 10-year Treasury yield holding near 4.80 percent.
Sarah Lin
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Sep 02 2026
Hims & Hers Health raised its 2026 revenue outlook after Q2 sales rose 38.2 percent to $753.2 million, despite an $86.3 million net loss and margin contraction.

Hims & Hers lifts 2026 outlook after Q2 sales jump 38.2%

**Key Takeaways:** - Second-quarter revenue hit $753.2 million, up 38.2 percent and 9.1 percent above consensus. - HIMS lifted 2026 revenue guidance to $3.1 billion-$3.3 billion from $2.8 billion-$3 billion. - A net loss of $86.3 million and gross-margin contraction to 63.8 percent tempered the quarter.
Sarah Lin
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Sep 02 2026
Datadog shares fell 22 percent over the past month to about $210 after a large AI customer reduced platform usage, a company-specific reset that left cloud peers trading higher.

Datadog slides 22% in a month as AI customer trims usage

Investors are split on Datadog after a large AI account scaled back usage, sending the stock down 22 percent in a month to about $210 while cloud peers such as CoreWeave and Oracle rallied double digits.
Sarah Lin
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Sep 02 2026
Viking Holdings faces river cruise disruption from historically low water levels on Europe's Rhine and Danube rivers while Wall Street analysts maintain bullish stock outlooks.

Viking stock stranded as drought hits 2 European rivers

Viking Holdings faces operational disruption from historically low water levels on Europe's Rhine and Danube rivers, while Wall Street analysts maintain bullish outlooks on the cruise operator's stock despite the operational challenges.
Sarah Lin
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Sep 02 2026
Dow Jones finds support after a soft ADP payrolls reading eases Treasury yields from 4.80%, with Fed hike odds and oil pressure leaving Friday's payrolls as the next test.

Dow bounce faces test as ADP miss eases yields to 4.80%

A soft ADP private payrolls reading eased Treasury yields and gave the Dow Jones Industrial Average a footing, but elevated Fed September rate-hike odds and rising oil prices leave the bounce dependent on Friday's payrolls report for confirmation.
Sarah Lin
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Sep 02 2026
JPMorgan Private Bank warns that a 10-year Treasury yield breaking 5 percent could push the S&P 500 into a 5 percent to 8 percent correction, driven by oil-led inflation fears.

10-year yield near 5% threatens 5% to 8% S&P 500 correction

JPMorgan Private Bank's Grace Peters warns that a 10-year Treasury yield breaking 5 percent could push the S&P 500 into a 5 percent to 8 percent correction, even as she keeps a full-year bullish stance on US and European equities.
Sarah Lin
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Sep 02 2026
MasTec reported a record backlog and raised its 2026 outlook, driven by AI-linked data-center infrastructure demand and expanding data-center capabilities.

MasTec raises 2026 outlook on record AI data-center backlog

MasTec reported a record backlog and raised its 2026 outlook on Sept. 2, driven by AI-linked data-center infrastructure demand. The company is expanding data-center capabilities to capture more of the AI buildout, which is drawing record capital expenditure across the technology sector.
Sarah Lin
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Sep 02 2026
Taboola.com Ltd faces a securities class action after shares fell 27.41 percent on August 5 when the company disclosed aggressive exits from low-quality publisher relationships and cut full-year revenue guidance by $91 million.

Taboola faces securities class action after 27% single-day share collapse

Levi & Korsinsky filed a securities class action against Taboola.com Ltd. alleging the company misled investors about publisher network quality and growth acceleration between May 6 and August 4, 2026. TBLA shares fell 27.41 percent on August 5 after the company disclosed aggressive exits from low-quality publisher relationships and cut full-year revenue guidance by $91 million. The lead plaintiff deadline is October 20, 2026.
Sarah Lin
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Sep 02 2026
Credo Technology shares fell 12% after investors judged its fiscal 2027 optical revenue outlook disappointing, despite record Q1 results that beat estimates.

Credo Technology falls 12% as optical revenue outlook disappoints

**Key Takeaways:** - CRDO shares fell 12% after fiscal 2027 optical revenue guidance disappointed investors - Record Q1 revenue of $479 million beat consensus, up 115% year over year - Management kept its $600 million-plus optical target but flagged a back-half ramp
Sarah Lin
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Sep 02 2026
FuelCell Energy stock dropped 13% after reporting a wider-than-expected fiscal Q3 2026 loss, overshadowing its first data center reservation agreement.

FuelCell Energy sinks 13% as wider loss overshadows data center deal

**Key Takeaways:** FuelCell Energy shares fell 13% to $14.90 after a wider-than-expected fiscal Q3 2026 loss. Revenue dropped 29% to $33.0 million, missing estimates, while adjusted EBITDA loss widened to $36.7 million. The company's first data center reservation deal and $3.65 billion backlog were overshadowed by the miss.
Sarah Lin
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Sep 02 2026
US stock futures fell Wednesday as Brent crude topped $95 a barrel on renewed US-Iran fighting, pushing the 10-year Treasury yield toward 4.8 percent and pressuring AI stocks.

Nasdaq futures slide 200 points as Brent tops $95

US stock futures pointed lower Wednesday as Brent crude climbed above $95 a barrel on renewed US-Iran fighting, pushing the 10-year Treasury yield toward 4.8 percent and adding fresh pressure to the AI trade ahead of the cash open.
Sarah Lin
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Sep 02 2026
Dell Technologies raised its annual revenue forecast to $192 billion from $167 billion on strong AI server demand, sending shares up nearly 10 percent in premarket trading.

Dell lifts annual revenue forecast to $192 billion on AI demand

**Key Takeaways:** - Q2 revenue hit a record $47 billion, up 58 percent and above the $44.92 billion consensus - Full-year revenue target raised to $192 billion from $167 billion on AI server demand - Adjusted EPS of $7.04 topped estimates of $4.91, with fiscal 2027 AI server revenue seen at $74 billion
Sarah Lin
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Sep 02 2026

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