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Why Is Parsons Corporation (NYSE:PSN) Down 23% Pre-Market Today?

Parsons Corporation (NYSE:PSN) shares are plunging in pre-market trading after the company reported a surprise second-quarter adjusted loss of $0.06 per share, sharply missing FactSet estimates of $0.76 in profit, alongside revenue of $1.58 billion that fell short of the $1.61 billion consensus.

Nitish Kishor | 29 July 2026

LegalZoom (NASDAQ:LZ) Rises Pre-Market Today Ahead of Q2 Earnings

LegalZoom (NASDAQ:LZ) shares are trading higher in pre-market action, extending Tuesday's rally as heavy institutional buying activity comes into focus ahead of the company's second-quarter earnings report due August 5. Fresh 13F disclosures show Principal Financial Group (NASDAQ:PFG) increased its stake by nearly 49 …

Nitish Kishor | 29 July 2026

Corn Holds Near Multi-Week Highs as Weather and Geopolitical Risks Squeeze Supply

Corn futures held above $4.5 per bushel, remaining near their highest level since late May, as persistent dry weather across parts of the US Midwest continued to raise concerns over crop yields heading into the growing season's critical stretch. The USDA reported that 63% …

Nitish Kishor | 29 July 2026

Iran Rejects Oman's Joint Management Plan for Strait of Hormuz as Oil Surges Again

Tehran has ruled out Oman's proposal for regional joint management of the Strait of Hormuz, a senior Iranian official told Reuters, scuppering hopes for a resolution to an impasse that has choked off Gulf trade for months. The strait, through which roughly a fifth …

Nitish Kishor | 29 July 2026

Iran Fires Ballistic Missiles at US Forces, Ending Two-Day Pause in Hostilities

Iran targeted American forces in the Middle East with ballistic missiles late Tuesday, US Central Command said, raising tensions in the region again after a brief halt in hostilities between the two countries. Centcom said the attack originated from Iran but that all missiles …

Nitish Kishor | 29 July 2026

Fed Expected to Hold Rates Steady for Fifth Meeting as Hike Odds Persist

The Federal Reserve is widely expected to leave the federal funds rate unchanged at 3.50% to 3.75% for a fifth consecutive meeting in July 2026, though the decision remains a genuinely close call, with markets assigning nearly 30% probability to a rate increase. This …

Nitish Kishor | 29 July 2026

Oil Surges 3.5% as Iran Attacks US Forces and Washington Strikes Back in Iraq

Oil prices rose sharply in Asian trading after renewed tensions in the Middle East saw Iran launch an attack on American forces, prompting a joint US and Saudi response against Tehran-backed sites in Iraq. Brent crude futures for September delivery gained 3.42% to $86.97 …

Nitish Kishor | 29 July 2026

KOSPI Plunges as Leveraged AI Rally Unwinds, Wiping $2.18 Trillion From Seoul Market

South Korean stocks plunged for a second consecutive session on Wednesday as Asia's once-blazing AI rally turned into a severe market reckoning, with the benchmark KOSPI index diving as much as 12.6% before reversing some losses to close down 6%. The decline extended Tuesday's …

Nitish Kishor | 29 July 2026

US Sector Momentum Update: Materials Strengthen While Health Care Remains Under Pressure

The latest Relative Rotation Graph (RRG) for 28 July 2026 suggests that US market leadership remains broad despite continued moderation in Energy's momentum. Financials, Real Estate, Consumer Staples, Communication Services and Utilities continue to demonstrate above-average relative strength within the Leading quadrant, while Materials …

Robert Luong | 28 July 2026

US Sector Performance Analysis: Health Care Leads as Technology Extends Its Pullback

The US equity market delivered another constructive session on 28 July 2026, with defensive sectors leading the advance. Health Care recorded the strongest gain, while Consumer Staples, Communication Services, Materials and Consumer Discretionary also posted robust performances. Financials continued to provide support for the …

Robert Luong | 28 July 2026
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