WSJ: ETFs Don’t Rule Gold, After All, Says One Analysis

By SIMON CONSTABLE

The launch of exchange-traded funds backed by gold bullion changed the way investors could access the precious-metals market.

Nevertheless, professional investors still prefer to buy or sell futures contracts when investing in gold, according to a recent report. Read more here.

Photo by Realterm, 

CC BY-SA 3.0 <https://creativecommons.org/licenses/by-sa/3.0>, 

via Wikimedia Commons

Barron's: The Iron Ore Boom Looks Like It’s About to Go Bust

By SIMON CONSTABLE

The recent iron-ore boom may be ending. Production of the mineral, which is used to make steel, is rebounding after recent disaster-related interruptions to mining operations. That supply surge, along with slipping demand, should send prices into a tailspin, analysts say. Read more here.

TheStreet: Newell Brands Posts Profit Slump but Beats Wall Street Expectations

By SIMON CONSTABLE

Shares of Newell Brands were rallying in premarket trading Friday despite a massive drop in profit after the consumer-goods conglomerate's second-quarter adjusted earnings beat forecasts. Read more here.

TheStreet: GoPro Misses on Earnings, Gets Boost From Upbeat Outlook

By SIMON CONSTABLE

Shares of beleaguered action-camera company GoPro rose in after-hours Thursday after issuing an upbeat outlook despite missing quarterly earnings estimates. Read more here.

TheStreet: Cloudera Rallies After Activist CarI Icahn Takes 12.6% Stake

By SIMON CONSTABLE 

Cloudera was jumping in premarket trading Friday on news that activist investor Carl Icahn had taken a 12.6% stake in the data analytics company.

In regulatory filings, Icahn revealed that along with his associated businesses he had accumulated the position. Icahn is chairman of New York-based conglomerate Icahn Enterprises. The filing also said Icahn might seek seats on Cloudera's board. Read more here.

TheStreet: Yeti Crushes Earnings and Revenue Estimates, Raises Outlook

By SIMON CONSTABLE

Yeti Holdings, the maker of Rambler mugs and coolers, smashed expectations with its second-quarter earnings report and raised its profit outlook for the year.The company earned 33 cents a share after adjustments, far better than the 30 cents that Wall Street expected. Read more here.

TheStreet: Fitbit Skips a Beat, Shares Plunge on Lowered Revenue Outlook

By SIMON CONSTABLE

Fitbit, the maker of wearable fitness trackers, was skipping a lot of beats in premarket trading Thursday after saying revenue for the year would be lower than it previously forecast. Read more here.

Photo by Sigmund on Unsplash