Quick overview
- Investors are closely watching earnings reports from CoreWeave, D-Wave Quantum, Rigetti Computing, and Firefly Aerospace, focusing on technology infrastructure and quantum computing trends.
- Honda and Vodafone will also report, with attention on vehicle demand and service revenue growth in the automotive and telecommunications sectors, respectively.
- CoreWeave’s results are particularly significant due to concerns over data center financing and infrastructure sustainability.
- Gold prices experienced volatility, retreating from highs as the U.S. dollar strengthened and geopolitical developments influenced market sentiment.
Investors are following earnings from CoreWeave (CRWV), D-Wave Quantum (QBTS), Rigetti Computing (RGTI) and Firefly (FLY), Honda (HMC) and Vodafone (VOD), as technology infrastructure, quantum computing and aerospace remain key themes.
Infrastructure Spending and Emerging Technology in Focus
CoreWeave stands out as one of the most closely watched reports, particularly as investors reassess the financing risks and returns associated with expanding data center infrastructure.
Meanwhile, D-Wave and Rigetti will provide further insight into commercial demand for quantum computing, while Firefly’s results could offer an update on growth opportunities across the aerospace industry.
Honda and Vodafone round out the calendar, bringing exposure to the automotive and telecommunications sectors.
Earnings Calendar Today
Honda Motor (HMC) – Q2 FY2027 | Before Market Open (BMO)
- – Honda reports its second-quarter fiscal 2027 results before the market opens.
- – Investors will assess vehicle demand, operating margins, global sales and the impact of currency movements on profitability.
- – Automotive production costs and competition in electric vehicles will also remain important considerations.
Vodafone (VOD) – H1 FY2027 | Before Market Open (BMO)
- – Vodafone announces its first-half fiscal 2027 results.
- – Investors will focus on service revenue growth, subscriber trends, operating performance and progress across its European and African markets.
- – Cash flow, debt reduction and shareholder distributions will remain important indicators.
CoreWeave (CRWV) – Q3 2026 | After Market Close (AMC)
- – Expected EPS: -$1.55
- – CoreWeave will be closely watched following growing concerns about data center financing, borrowing costs and the sustainability of infrastructure spending.
- – Investors will focus on revenue growth, contracted demand, capital expenditure, debt financing and customer commitments.
- – Bond yields and the company’s ability to convert its expanding infrastructure into sustainable cash flow remain particularly important.
D-Wave Quantum (QBTS) – Q3 2026 | Before Market Open (BMO)
- – Expected EPS: -$0.10
- – Investors will assess revenue growth, commercial adoption of quantum computing and the company’s expanding customer pipeline.
- – Updates on bookings, partnerships and cash requirements could influence sentiment toward the quantum computing sector.
Rigetti Computing (RGTI) – Q3 2026 | After Market Close (AMC)
- – Expected EPS: -$0.05
- – Attention will centre on revenue growth, processor development, commercial contracts and progress toward scaling quantum computing capabilities.
- – Investors will also monitor cash burn and financing requirements as the company continues investing in technology development.
Firefly Aerospace (FLY) – Q3 2026 | After Market Close (AMC)
- – Expected EPS: -$0.50
- – Firefly reports following increased attention on its aerospace business and its recent rocket-engine agreement with AST SpaceMobile.
- – Investors will look for updates on launch activity, contract execution, revenue growth and its production pipeline.
- – The company’s ability to convert major agreements into recurring revenue will be an important focus.
Forex Signals Update
Gold Capped by the 20 SMA
Gold prices experienced a volatile trading week, ultimately finishing significantly lower after an initially strong rally lost momentum. The precious metal climbed above $4,300 early in the week but later reversed sharply, ending nearly $100 below its recent highs as investors reassessed the outlook for interest rates and global risk sentiment.
The decline was largely driven by a stronger U.S. dollar, rising Treasury yields, and reduced demand for defensive assets following positive geopolitical developments in the Middle East. Despite the weakness, gold remains above the critical $4,000 support zone, which continues to define the longer-term bullish trend but it is under attack.
MAs Hold as Support for USD/JPY
Foreign exchange markets saw sharp swings. Early in the week, U.S. yield differentials and Japanese capital outflows pushed the dollar above ¥150, but disappointing U.S. jobs data triggered profit-taking, causing the USD/JPY to slide by four yen from its peak. However, the new BOJ governor the JPY has weakened and USD/JPY soared to 154 and we decided to close our buy signal for more than 80 pips as the pair found support at the 20 daily SMA (gray) and has rebounded more than 200 pips off that MA but reversed after the 25 bps rate cut from the FED. The price climbed to $164 but reversed after the BOJ meeting and fell 7 cents, breaking below the 100 daily SMA (red) as well, which has been acting as support before.
USD/JPY – Daily Chart
Cryptocurrency Update
Bitcoin Faces the 100 SMA as Resistance
Cryptocurrencies remained highly active over the summer. Bitcoin (BTC) climbed to fresh highs of $123,000 and $124,000 in July and August, supported by institutional inflows and technical strength. However, remarks from Treasury Secretary Scott Bessent ruling out U.S. increases to BTC reserves triggered a steep pullback, sending the coin down to $80K before finding support at the 100 weekly SMA (green) which might turn into resistance at 90K now, after the rebound.
BTC/USD – Daily Chart
Ethereum Returns Above $2,000
Ethereum (ETH) has been similarly strong, surging toward $4,800, its highest since 2021 and near its all-time peak of $4,860. Despite a dip last week, ETH found support at the 20-day SMA, with retail enthusiasm and renewed institutional participation driving fresh upside momentum. Last week we saw a dive below $2,000 but buyers returned and pushed the price above $2K again.
ETH/USD – Weekly Chart
Skerdian Meta
Lead Analyst
Skerdian Meta Lead Analyst.
Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank’s local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.
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