• Morgan Stanley profit jumps on bond-trading comeback

    Morgan Stanley profit jumps on bond-trading comeback
    Morgan Stanley reported a better-than-expected profit on Wednesday, boosted by a surge in bond trading that helped all Wall Street banks last quarter. Morgan Stanley's gains were especially notable. Its adjusted bond-trading revenue more than doubled, hitting Chief Executive James Gorman's revenue target for that business for the second quarter in a row.
  • Intel and AMD take a backseat as Qualcomm plays starring role in Microsoft’s AI PCs

    When Microsoft Corp. unveiled a line of PCs and software this week designed to make the most of the artificial-intelligence revolution, it showcased a main processing chip — but it wasn’t from the software giant’s usual chip partner.
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    [mwai_chat context=”Let’s have a discussion about this article:nnWhen Microsoft Corp. unveiled a line of PCs and software this week designed to make the most of the artificial-intelligen
  • Housing has raised the cost of living — but higher rates aren’t the culprit, say analysts

    Go head and blame higher interest rates for the “lock-in effect” gripping the U.S. housing market — but don’t call higher rates inflationary, say Ned Davis Research analysts.
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    [mwai_chat context=”Let’s have a discussion about this article:nnGo head and blame higher interest rates for the “lock-in effect” gripping the U.S. housing market — but don’t call higher rates inflationary, say Ned
  • Memorial Day car sales will be ‘raging’ — and these brands will have the best deals

    People who have been waiting to buy a new car may spot some good discounts over Memorial Day weekend on 2023 model-year vehicles, especially on some domestic cars, as affordability issues have led inventory to pile up.
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    [mwai_chat context=”Let’s have a discussion about this article:nnPeople who have been waiting to buy a new car may spot some good discounts over Memorial Day weekend on 2023 model-year vehicles, especially on some domes
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  • AMC and GameStop shares rally after registering biggest declines in a week

    Shares of AMC Entertainment Holdings Inc. and GameStop Corp. were rallying in premarket trading Friday after registering their biggest declines in a week during Thursday’s session. Both stocks saw massive volatility last week amid a meme-stock rally fueled by the return of trader Roaring Kitty to social media.
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    [mwai_chat context=”Let’s have a discussion about this article:nnShares of AMC Entertainment Holdings Inc. and GameStop
  • 55% of swing-state voters dislike Bidenomics more than Trump’s abortion stance: poll

    The 2024 White House race is close but presumptive Republican nominee Donald Trump appears to have the edge at the moment thanks in large part to swing-state voters who are frustrated with President Joe Biden’s handling of the U.S. economy, said analysts at the nonpartisan Cook Political Report on Thursday as they rolled out a new poll.
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    [mwai_chat context=”Let’s have a discussion about this article:nnThe 2024 White House race is
  • Yes, the American dream is dead, this financial influencer says — but here’s how to get rich anyway

    “We cannot use the same playbook our parents gave us,” says Your Rich BFF creator Vivian Tu. Here’s what she says is keeping the white-picket-fence fantasy out of reach.
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    [mwai_chat context=”Let’s have a discussion about this article:nn“We cannot use the same playbook our parents gave us,” says Your Rich BFF creator Vivian Tu. Here’s what she says is keeping the white-picket-fence fantasy out of reac
  • Eli Lilly to spend $5.3 billion to boost Zepbound, Mounjaro manufacturing

    Eli Lilly said Friday that it has more than doubled its investment in a new manufacturing site to boost manufacturing capacity for its popular weight-loss drug Zepbound and diabetes treatment Mounjaro.
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    [mwai_chat context=”Let’s have a discussion about this article:nnEli Lilly said Friday that it has more than doubled its investment in a new manufacturing site to boost manufacturing capacity for its popular weight-loss drug Zepbound an
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  • Ether ETFs near debut as some Democrats see ‘fervent opposition’ to crypto as political liability

    U.S. regulators took a major step forward Thursday toward green-lighting a spot ether exchange-traded product that could potentially lead to mainstream adoption of the world’s second-most popular cryptocurrency.
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    [mwai_chat context=”Let’s have a discussion about this article:nnU.S. regulators took a major step forward Thursday toward green-lighting a spot ether exchange-traded product that could potentially lead to mainstream ado
  • XAUUSD: Elliott wave analysis and forecast for 24.05.24 – 31.05.24

    XAUUSD: Elliott wave analysis and forecast for 24.05.24 – 31.05.24
    Main scenario: consider long positions from corrections above the level of 2277.15 with a target of 2500.00 – 2560.00.Alternative scenario: breakout and consolidation below the level of 2277.15 will allow the pair to continue declining to the levels of 2154.83 – 2019.86.Analysis: a descending correction appears to have formed as the fourth wave (4) of larger degree on the daily chart. The fifth wave (5) is unfolding, with first wave 3 of (5) forming as its part. Apparently, the third
  • WTI Crude Oil: Elliott wave analysis and forecast for 24.05.24 – 31.05.24

    WTI Crude Oil: Elliott wave analysis and forecast for 24.05.24 – 31.05.24
    Main scenario: consider short positions from corrections below the level of 87.75 with a target of 67.60 – 57.00.Alternative scenario: breakout and consolidation above the level of 87.75 will allow the asset to continue rising to the levels of 94.00 – 100.00.Analysis: supposedly, a downward correction continues developing as second wave of larger degree (2) on the daily chart, with wave С of (2) unfolding as its part. Apparently, an ascending correction is completed as second w
  • USDJPY: Elliott wave analysis and forecast for 24.05.24 – 31.05.24

    USDJPY: Elliott wave analysis and forecast for 24.05.24 – 31.05.24
    Main scenario: consider long positions from corrections above the level of 153.45 with a target of 161.50 – 167.00.Alternative scenario: breakout and consolidation below the level of 153.45 will allow the pair to continue declining to the levels of 146.44 – 140.13Analysis: an ascending wave of larger degree C continues forming on the daily chart, with fifth wave (5) of C unfolding as its part. The third wave 3 of (5) is unfolding on the H4 time frame, with first wave of smaller degre
  • Amazon Stock Analysis: AMZN Price Prediction for 2024, 2025-2026 and Beyond

    Amazon Stock Analysis: AMZN Price Prediction for 2024, 2025-2026 and Beyond
    The Amazon stock price forecast is a topic of keen interest given the company’s market dominance and consistent growth over the years. In this discourse, we shall delve into various projections, including the Amazon stock forecast, shedding light on the prediction spectrum surrounding the company's market. Through a combination of analytical outlooks and technical analysis, we strive to provide you with clear medium- and long-term forecasts for AMZN stocks. Read on to learn everything abou
  • GBPUSD: Elliott wave analysis and forecast for 24.05.24 – 31.05.24

    GBPUSD: Elliott wave analysis and forecast for 24.05.24 – 31.05.24
    Main scenario: consider long positions from corrections above the level of 1.2441 with a target of 1.2910 – 1.3155.Alternative scenario: breakout and consolidation below the level of 1.2441 will allow the pair to continue declining to the levels of 1.2294 – 1.2033.Analysis: the first wave of larger degree (1) is presumably formed, a correction developed as second wave (2), and the ascending third wave (3) started unfolding on the daily chart. On the H4 chart, wave 1 of (3) is formed,
  • Yes, the American dream is dead, this money influencer says — but here’s how to get rich anyway

    “We cannot use the same playbook our parents gave us,” says Your Rich BFF creator Vivian Tu. Here’s what she says is keeping the white-picket-fence fantasy out of reach.
    Article Attribution | Read More at Article Source
    [mwai_chat context=”Let’s have a discussion about this article:nn“We cannot use the same playbook our parents gave us,” says Your Rich BFF creator Vivian Tu. Here’s what she says is keeping the white-picket-fence fantasy out of reac
  • Gold replaces Treasuries. Forecast as of 24.05.2024

    Gold replaces Treasuries. Forecast as of 24.05.2024
    The bipolar world and the diversification of gold reserves by central banks have broken the precious metal's ties to the US dollar and Treasury yields. Let's discuss it and make a trading plan for XAUUSD.Weekly fundamental forecast for goldThe more we create something, the lower its price. For decades, gold has fallen when Treasury yields have risen and the US dollar has strengthened. But everything has its limits. Washington prints as much money as it needs and borrows without thinking of
  • EURUSD: Elliott wave analysis and forecast for 24.05.24 – 31.05.24

    EURUSD: Elliott wave analysis and forecast for 24.05.24 – 31.05.24
    Main scenario: consider long positions upon correction above the level of 1.0723 with a target of 1.1141 – 1.1350.Alternative scenario: breakout and consolidation below the level of 1.0723 will allow the pair to continue declining to the levels of 1.0591 – 1.0447.Analysis: an ascending wave B is presumably developing on the daily chart, with first wave 1 of (A) of B and corrective second wave 2 of (A) of B formed within. Apparently, the third wave 3 of (A) of B is developing on the H
  • NEO Price Prediction for 2024, 2025–2030 and Beyond

    NEO Price Prediction for 2024, 2025–2030 and Beyond
    Known for its volatility, the digital currency market has always been exposed to both opportunities and risks. NEO, often called "China's Ethereum," has always been on this typical rollercoaster ride, experiencing sharp ups and downs. However, the cryptocurrency continues to attract attention in the crypto sphere, sparking lively discussions and varying Neo price predictions among enthusiasts and skeptics alike.With its unique blockchain technology and vision to digitize assets using smart contr
  • USDCHF: Elliott wave analysis and forecast for 24.05.24 – 31.05.24

    USDCHF: Elliott wave analysis and forecast for 24.05.24 – 31.05.24
    Main scenario: consider short positions from corrections below the level of 0.9224 with a target of 0.8325 – 0.8050. Alternative scenario: breakout and consolidation above the level of 0.9224 will allow the pair to continue rising to the levels of 0.9451 – 0.9838.Analysis: the downside fifth wave of larger degree (5) is presumably unfolding on the daily time frame. As its part, wave 1 of (5) is formed, a bullish correction is completed as second wave 2 of (5), and the third wave
  • 10 places to visit where you can step right into these famous song lyrics

    From Gin Blossoms and Tom Waits to Sir Mix-a-Lot and Bob Seger, here are 10 great tunes about real-life places in America that you can visit to this day.
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    [mwai_chat context=”Let’s have a discussion about this article:nnFrom Gin Blossoms and Tom Waits to Sir Mix-a-Lot and Bob Seger, here are 10 great tunes about real-life places in America that you can visit to this day.nnDiscussion:nn” ai_name=”RocketNews AI: ” start
  • USDCAD: Elliott wave analysis and forecast for 24.05.24 – 31.05.24

    USDCAD: Elliott wave analysis and forecast for 24.05.24 – 31.05.24
    Main scenario: consider long positions from corrections above the level of 1.3586 with a target of 1.4000 – 1.4200. Alternative scenario: breakout and consolidation below the level of 1.3586 will allow the pair to continue declining to the levels of 1.3354 – 1.3170.Analysis: the ascending first wave of larger degree (1) continues developing on the daily time frame, with wave 5 of (1) forming as its part. The third wave of smaller degree iii of 5 is developing on the H4 chart, wi
  • Litecoin Price Prediction for 2024 and Beyond

    Litecoin Price Prediction for 2024 and Beyond
    Litecoin (LTC) cryptocurrency was created in 2011 by former Google employee Charlie Lee. Litecoin is based on the Bitcoin (BTC) protocol code, featuring a faster blockchain and lower reward per block.LTC ranks among the top 10 cryptocurrencies, second only to Bitcoin. These two digital assets are often compared: if Bitcoin is the "crypto gold," then Litecoin is the "silver." This is probably why the coin manages to attract investor interest, and its price and market cap remain high even in times
  • Short-term analysis for oil, gold, and EURUSD for 24.05.2024

    Short-term analysis for oil, gold, and EURUSD for 24.05.2024
    I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders.Gold's short-term uptrend has reversed.Oil price forecast for today: USCrude analysisYesterday, the oil price reached the second bearish target within the short-term downtrend. As a result, the price declined below the May 15 low, rebounding from resistance (
  • Dollar: take two. Forecast as of 24.05.2024

    Dollar: take two. Forecast as of 24.05.2024
    Like at the beginning of the year, the US reports positive statistics, allowing EURUSD bears to start a counterattack. However, new data is needed to consolidate success. Let’s discuss it and make a trading plan.Weekly fundamental forecast for dollarHistory repeats itself quite often. At the end of 2023, investors were sure that the US GDP would slow down. The derivatives market ramped up expectations of the Fed's monetary expansion to 6 acts in 2024, and the US dollar fell. In mid-April a
  • Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 24.05.2024

    Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 24.05.2024
    Dear readers,I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.Despite a slight pullback, the cryptocurrencies may continue growing in value.Elliott Wave analysis for BitcoinThe crypto coin is growing in the impulse made of subwaves [1]-[2]-[3]-[4]-[5]. The subwaves [1]-[2]-[3]-[4] are complete. The initial part of the final impulse wave [5] is currently unfolding, with the first small subwaves (1)-(2) already formed. In the coming days, the
  • Ether ETFs near debut as crypto’s Washington win streak continues. Here’s what it means for markets.

    U.S. regulators took a major step forward Thursday toward green-lighting a spot ether exchange-traded product that could potentially lead to mainstream adoption of the world’s second-most popular cryptocurrency.
    Article Attribution | Read More at Article Source
    [mwai_chat context=”Let’s have a discussion about this article:nnU.S. regulators took a major step forward Thursday toward green-lighting a spot ether exchange-traded product that could potentially lead to mainstream ado
  • Intuit warns of fewer TurboTax users who file for free. It says it’s not interested in them anyway.

    Intuit Inc., the tech company behind TurboTax filing software and the personal-finance site Credit Karma, raised its full-fiscal-year profit and sales outlook on Thursday, following third-quarter results that topped Wall Street’s expectations.
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    [mwai_chat context=”Let’s have a discussion about this article:nnIntuit Inc., the tech company behind TurboTax filing software and the personal-finance site Credit Karma, raised its full-f
  • Copper is the metal of the moment. What ETF investors need to know before chasing the commodity rally.

    In this edition, we look at some of the copper-related ETFs that hit all-time highs earlier this week, driven by the base metal’s surge to record territory.
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    [mwai_chat context=”Let’s have a discussion about this article:nnIn this edition, we look at some of the copper-related ETFs that hit all-time highs earlier this week, driven by the base metal’s surge to record territory.nnDiscussion:nn” ai_name=”RocketNews
  • Crypto’s Washington win streak continues as ether ETF debut nears. Here’s what it means for markets.

    U.S. regulators took a major step forward Thursday toward green-lighting a spot ether exchange-traded product that could potentially lead to mainstream adoption of the world’s second-most popular cryptocurrency.
    Article Attribution | Read More at Article Source
    [mwai_chat context=”Let’s have a discussion about this article:nnU.S. regulators took a major step forward Thursday toward green-lighting a spot ether exchange-traded product that could potentially lead to mainstream ado
  • Deckers’ stock rises as sales of Hoka sneakers keep climbing

    Deckers Outdoor Corp., maker of hit Hoka sneakers and in-again Ugg boots, zoomed past Wall Street’s expectations for its fiscal fourth quarter, thanks to big sales gains for the two shoe brands, and the stock rallied more than 7% after hours.
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    [mwai_chat context=”Let’s have a discussion about this article:nnDeckers Outdoor Corp., maker of hit Hoka sneakers and in-again Ugg boots, zoomed past Wall Street’s expectations for i

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