We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
The Zacks Analyst Blog Highlights Micron, Nvidia and Philadelphia Semiconductor Index
Read MoreHide Full Article
For Immediate Release
Chicago, IL – September 29, 2026 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Micron Technology (MU - Free Report) , Nvidia (NVDA - Free Report) and Philadelphia Semiconductor Index (SOXX - Free Report) .
Here are highlights from Monday’s Analyst Blog:
Q4 Is (Almost) Here: Global Week Ahead
What happens in this Global Week Ahead?
Q3 draws to a close, and investors have plenty to dig their teeth into.
The trader spotlight in the coming week shines on:
U.S. nonfarm payrolls for September, and
U.S. and Eurozone inflation data, which will likely shape expectations
for the path of interest rates, on both sides of the Atlantic
Next are Reuters’ five world market themes, re-ordered for equity traders—
(1) Q3 Ends and Q4 Begins. The Main Q4 Event? Likely, U.S. Midterm Elections
The final leg of the year begins on Thursday, as what can only be described as a testing Q3 morphs into a potentially pivotal Q4.
It's kicking off against a tetchy backdrop.
Turbulent bond markets — rattled by the Iran war, fiscal worries and a torrent of AI debt which might just be bankrolling the end of human civilization — mean global borrowing costs are now their highest since the 2007-08 financial crash.
Not that you'd know it looking at the main world stock indexes. They are less than -2% off all-time highs and up more than +12% for the year, largely thanks to AI euphoria.
Q4 has lots in store.
Peace in the Middle East or Ukraine both look unlikely. Interest rates are expected to keep going up, while the first weekend has what now seems a genuine toss-up of a Brazilian election.
The main event will undoubtedly be November 3's U.S. midterm elections.
Current polls suggest Donald Trump's Republican party could lose the House of Representatives and maybe even the Senate — and that could make for a very interesting end to the year.
(2) On Wednesday, Micron Reports Latest Earnings Result
Earnings from Micron Technology, the $1.2-trillion semiconductor maker, are due after the bell on Wednesday and will provide the next test for an AI trade that has shown signs of fatigue in recent months.
Micron, a key supplier of memory chips used alongside Nvidia's AI processors, has been a big beneficiary of the spending splurge on AI data centers, pushing its shares up over +280% year-to-date.
But its shares have fallen by more than -6% during the quarter, while the Philadelphia Semiconductor Index has shed an even steeper -14%, as investors question how long heavy capital spending can continue and whether demand growth can continue at its current pace.
If Micron's guidance surpasses expectations, it could soothe some nerves that AI infrastructure spending is faltering or that memory supply constraints are easing.
Should guidance disappoint, the market might view it as an early sign that the AI spending boom is losing momentum.
(3) On Friday, September U.S. Nonfarm Payrolls Come Out
A fresh look at U.S. employment and inflation trends in the coming week will shed light on the economy's strength and when the Federal Reserve will hike interest rates again.
September's nonfarm payrolls report, due on Friday, is Wall Street's main event, following a blowout report the prior month that helped cement the Fed's first rate hike in three years.
September payrolls are expected to rise by +100K jobs, with the unemployment rate at 4.2%, according to a poll of economists.
Wednesday's release of the monthly Personal Consumption Expenditures (PCE) price index will offer signs about whether persistently high inflation is moving toward the Fed's 2% annual target.
Futures pricing suggests a roughly 50/50 chance that the Fed will again hike by a quarter point in October.
In a survey released this week, a measure of prices paid by businesses for inputs surged to a nearly four-year high.
(4) On Friday, Euro Zone Inflation Data Gets Released
Investors will also get Eurozone inflation data on Friday, as well as price figures from Tokyo that are viewed as a barometer for Japan.
The key question for markets is whether energy price surges have lasted long enough to cause ripple effects across major economies that may push wages, living costs and interest rates higher.
Interest rate markets are already pricing in a faster global tightening cycle than they were just weeks ago, pushing 10-year Treasury yields above 5%.
A yield that stays around its highest since 2007 is something some newer bond and equity investors have never worked with.
Hope that inflationary forces prove to be transient is battling with fears that long-term capital costs of 5% or higher will become the norm.
Current market valuations could struggle.
(5) On Tuesday, the Reserve Bank of Australia (RBA) Likely Hikes Policy Rate
Australia's house prices are falling and the country's jobless rate rose unexpectedly to a five-year high.
That's not the best backdrop against which to be raising interest rates.
Yet a rate hike is what markets, and economists, expect the Reserve Bank of Australia to deliver when it meets on Tuesday. A quarter-point increase would take rates to a 15-year high of 4.6%.
Like most major central banks, the RBA finds itself in a bind as oil prices push back above $100.
Even after three rate increases this year, core inflation is running above the RBA's 2-3% target range. Australia's cash rate is now seen peaking near 5%.
Once upon a time, when house prices fell, rate cuts followed to shore up the economy. That era is likely over.
Free: Instant Access to Zacks' Market-Crushing Strategies
Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year.
Today you can tap into those powerful strategies – and the high-potential stocks they uncover – free. No strings attached.
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
View the Zacks #1 Rank List
Image: Bigstock
The Zacks Analyst Blog Highlights Micron, Nvidia and Philadelphia Semiconductor Index
For Immediate Release
Chicago, IL – September 29, 2026 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Micron Technology (MU - Free Report) , Nvidia (NVDA - Free Report) and Philadelphia Semiconductor Index (SOXX - Free Report) .
Here are highlights from Monday’s Analyst Blog:
Q4 Is (Almost) Here: Global Week Ahead
What happens in this Global Week Ahead?
Q3 draws to a close, and investors have plenty to dig their teeth into.
The trader spotlight in the coming week shines on:
Next are Reuters’ five world market themes, re-ordered for equity traders—
(1) Q3 Ends and Q4 Begins. The Main Q4 Event? Likely, U.S. Midterm Elections
The final leg of the year begins on Thursday, as what can only be described as a testing Q3 morphs into a potentially pivotal Q4.
It's kicking off against a tetchy backdrop.
Turbulent bond markets — rattled by the Iran war, fiscal worries and a torrent of AI debt which might just be bankrolling the end of human civilization — mean global borrowing costs are now their highest since the 2007-08 financial crash.
Not that you'd know it looking at the main world stock indexes. They are less than -2% off all-time highs and up more than +12% for the year, largely thanks to AI euphoria.
Q4 has lots in store.
Peace in the Middle East or Ukraine both look unlikely. Interest rates are expected to keep going up, while the first weekend has what now seems a genuine toss-up of a Brazilian election.
The main event will undoubtedly be November 3's U.S. midterm elections.
Current polls suggest Donald Trump's Republican party could lose the House of Representatives and maybe even the Senate — and that could make for a very interesting end to the year.
(2) On Wednesday, Micron Reports Latest Earnings Result
Earnings from Micron Technology, the $1.2-trillion semiconductor maker, are due after the bell on Wednesday and will provide the next test for an AI trade that has shown signs of fatigue in recent months.
Micron, a key supplier of memory chips used alongside Nvidia's AI processors, has been a big beneficiary of the spending splurge on AI data centers, pushing its shares up over +280% year-to-date.
But its shares have fallen by more than -6% during the quarter, while the Philadelphia Semiconductor Index has shed an even steeper -14%, as investors question how long heavy capital spending can continue and whether demand growth can continue at its current pace.
If Micron's guidance surpasses expectations, it could soothe some nerves that AI infrastructure spending is faltering or that memory supply constraints are easing.
Should guidance disappoint, the market might view it as an early sign that the AI spending boom is losing momentum.
(3) On Friday, September U.S. Nonfarm Payrolls Come Out
A fresh look at U.S. employment and inflation trends in the coming week will shed light on the economy's strength and when the Federal Reserve will hike interest rates again.
September's nonfarm payrolls report, due on Friday, is Wall Street's main event, following a blowout report the prior month that helped cement the Fed's first rate hike in three years.
September payrolls are expected to rise by +100K jobs, with the unemployment rate at 4.2%, according to a poll of economists.
Wednesday's release of the monthly Personal Consumption Expenditures (PCE) price index will offer signs about whether persistently high inflation is moving toward the Fed's 2% annual target.
Futures pricing suggests a roughly 50/50 chance that the Fed will again hike by a quarter point in October.
In a survey released this week, a measure of prices paid by businesses for inputs surged to a nearly four-year high.
(4) On Friday, Euro Zone Inflation Data Gets Released
Investors will also get Eurozone inflation data on Friday, as well as price figures from Tokyo that are viewed as a barometer for Japan.
The key question for markets is whether energy price surges have lasted long enough to cause ripple effects across major economies that may push wages, living costs and interest rates higher.
Interest rate markets are already pricing in a faster global tightening cycle than they were just weeks ago, pushing 10-year Treasury yields above 5%.
A yield that stays around its highest since 2007 is something some newer bond and equity investors have never worked with.
Hope that inflationary forces prove to be transient is battling with fears that long-term capital costs of 5% or higher will become the norm.
Current market valuations could struggle.
(5) On Tuesday, the Reserve Bank of Australia (RBA) Likely Hikes Policy Rate
Australia's house prices are falling and the country's jobless rate rose unexpectedly to a five-year high.
That's not the best backdrop against which to be raising interest rates.
Yet a rate hike is what markets, and economists, expect the Reserve Bank of Australia to deliver when it meets on Tuesday. A quarter-point increase would take rates to a 15-year high of 4.6%.
Like most major central banks, the RBA finds itself in a bind as oil prices push back above $100.
Even after three rate increases this year, core inflation is running above the RBA's 2-3% target range. Australia's cash rate is now seen peaking near 5%.
Once upon a time, when house prices fell, rate cuts followed to shore up the economy. That era is likely over.
Free: Instant Access to Zacks' Market-Crushing Strategies
Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year.
Today you can tap into those powerful strategies – and the high-potential stocks they uncover – free. No strings attached.
Get all the details here >>
support@zacks.com
https://www.zacks.com
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.