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2026-09-02 23:32 • The Motley Fool Neutral Axe Cap view: Selective

SSR Mining stock surged over 5% on Wednesday following a weaker-than-expected jobs report from ADP, which cooled Fed rate hike concerns. Lower interest rate expectations boosted precious metals prices, benefiting gold and silver mining stocks. However, the author remains cautious, believing inflation pressures will likely lead to future rate increases that could pressure precious metals prices.

Axe note: Falling US rate hike expectations lifted mining shares, but local investors should watch inflation closely.

2026-09-02 23:10 • The Motley Fool Negative Axe Cap view: Selective

Edison International (EIX) stock fell over 6% on Wednesday after JPMorgan analyst Aidan Kelly cut his price target from $82 to $61 per share. The decline was driven by California's legislature failing to vote on the Wildfire Liability Bill, which would have provided liability protections for utilities. This leaves Edison's subsidiary Southern California Edison vulnerable to multiple lawsuits related to the early 2025 Eaton fire.

Axe note: Edison’s stock fell sharply after California failed to shield utilities from wildfire lawsuits.

2026-09-02 23:01 • The Motley Fool Positive Axe Cap view: Selective

Broadcom reported Q3 2026 revenue of $29.6 billion and adjusted EPS of $3.32, both beating Wall Street expectations, with AI chip sales more than tripling to $16.7 billion (up 221% YoY). However, the company's Q4 guidance of $34.8 billion fell slightly short of the $35.03 billion analyst consensus, causing investor concern despite the exceptional growth. The stock trades at a steep valuation with little room for error if AI-driven growth decelerates.

Axe note: Despite tripling AI chip sales, Broadcom’s modest Q4 revenue guidance fall raises flags for investors.