Analyst news

• UPDATE 3-Comcast prepares to top Disney’s $50 bln offer for Fox

  23-05-2018 17:16 via rocketnews.com
  May 23 (Reuters) – Comcast Corp confirmed onWednesday it was preparing a higher, all-cash offer for most ofthe media assets of Twenty-First Century Fox, settingup a bidding war with rival Walt Disney Co, whichalready has agreed to a $52-billion deal with Fox.
  The post UPDATE 3-Comcast prepares to top Disney’s $50 bln offer for Fox appeared first on RocketNews | Top News Stories From Around the Globe.
  
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• How Jim Simons pioneered quantitative trading and transformed Wall Street

  10-05-2024 23:05 via rocketnews.com
  Billionaire investor Jim Simons, a mathematician who founded one of the most profitable trading firms of all time and pioneered the field of quantitative investing, has died at the age of 86.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnBillionaire investor Jim Simons, a mathematician who founded one of the most profitable trading firms of all time and pioneered the field of quantitative investing, has died at the
  
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• Subsidized internet and online-safety measures fail to make it into FAA bill

  10-05-2024 22:52 via rocketnews.com
  Democrats and Republicans in the U.S. Senate floated a number of closely watched measures for inclusion in a key bill that authorizes the Federal Aviation Administration — but in the end, supporters of the measures were left disappointed.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnDemocrats and Republicans in the U.S. Senate floated a number of closely watched measures for inclusion in a key bill that autho
  
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• Blink Charging’s stock rallies as CEO talks about Tesla layoffs and EV demand

  10-05-2024 20:52 via rocketnews.com
  Shares of Blink Charging Co. rallied Friday after the provider of electric-vehicle charging equipment and services suggested the recent news regarding Tesla Inc.’s Supercharger unit was actually good for business.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnShares of Blink Charging Co. rallied Friday after the provider of electric-vehicle charging equipment and services suggested the recent news regarding Te
  
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• Gold prices settle at 3-week high as ‘soft’ U.S. data support rate cuts this year

  10-05-2024 20:19 via rocketnews.com
  Gold futures climb sharply on Friday to settle at their highest in three weeks, as downbeat U.S. economic data supported the likelihood of Federal Reserve interest-rate cuts this year.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnGold futures climb sharply on Friday to settle at their highest in three weeks, as downbeat U.S. economic data supported the likelihood of Federal Reserve interest-rate cuts this year.nnDi
  
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• Why a less chaotic bond market could signal potential stock-buying opportunities

  10-05-2024 20:17 via rocketnews.com
  Volatility in the world’s largest bond market has experienced a downward trend in 2024 — a welcome sign for stock investors, as a relatively quiet government-debt market could offer buying opportunities in U.S. equities, according to Ned Davis Research.
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  [mwai_chat context=”Let’s have a discussion about this article:nnVolatility in the world’s largest bond market has experienced a downward trend in 2024 — a welc
  
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• U.S. budget deficit shrinks in first 7 months of fiscal year

  10-05-2024 20:08 via rocketnews.com
  The federal budget deficit shrank in the first seven months of the fiscal year, according to the Treasury Department, but this full year’s shortfall is likely to exceed last year’s.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnThe federal budget deficit shrank in the first seven months of the fiscal year, according to the Treasury Department, but this full year’s shortfall is likely to exceed last
  
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• Wheat futures rise toward highest finish since August

  10-05-2024 19:11 via rocketnews.com
  Wheat futures climbed Friday, with prices on track for their highest finish since August as cold weather looked to threaten production in Russia, which is among the world’s largest producers of the crop.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnWheat futures climbed Friday, with prices on track for their highest finish since August as cold weather looked to threaten production in Russia, which is among th
  
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• Zeekr’s stock set to soar, valuing the China-based EV maker around $6.5 billion

  10-05-2024 17:49 via rocketnews.com
  Investors will have another way to ride the electric-vehicle sector on Friday, as China-based Zeekr Intelligent Technology Holding Ltd. is set to go public with a market valuation of more than $5 billion.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnInvestors will have another way to ride the electric-vehicle sector on Friday, as China-based Zeekr Intelligent Technology Holding Ltd. is set to go public with a marke
  
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• Chinese EV stocks drop on expectations Biden could hit sector with 100% tariff next week

  10-05-2024 17:49 via rocketnews.com
  Shares of Nio, Li Auto and other Chinese electric-vehicle makers were falling Friday, following multiple published reports that the Biden administration could roll out much-anticipated new tariffs next week that target those companies as well as other Chinese industries.
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  [mwai_chat context=”Let’s have a discussion about this article:nnShares of Nio, Li Auto and other Chinese electric-vehicle makers were falling Friday, following multi
  
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• Elon Musk says Tesla will spend ‘well over’ $500 million on new EV chargers

  10-05-2024 17:26 via rocketnews.com
  Tesla’s stock was headed toward its first gain in four sessions on Friday, after electric vehicle giant’s chief executive, Elon Musk, seemed to again dispute recent reports that the company’s Supercharger EV charging business unit was being shuttered.
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  [mwai_chat context=”Let’s have a discussion about this article:nnTesla’s stock was headed toward its first gain in four sessions on Friday, after electric vehicle
  
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• WTI Crude Oil: Elliott wave analysis and forecast for 10.05.24 – 17.05.24

  10-05-2024 13:30 via litefinance.org
  
  Main scenario: consider short positions from corrections below the level of 84.85 with a target of 67.60 – 57.00.Alternative scenario: breakout and consolidation above the level of 84.85 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
  
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• GBPUSD: Elliott wave analysis and forecast for 10.05.24 – 17.05.24

  10-05-2024 12:30 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 1.2453 with a target of 1.2821 – 1.3000.Alternative scenario: breakout and consolidation below the level of 1.2453 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,
  
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• Platinum is about to rise. Forecast as of 10.05.2024

  10-05-2024 12:16 via litefinance.org
  
  The platinum market is set to face its biggest deficit in a decade, which, coupled with favorable conditions for all precious metals and the recovery of the eurozone economy, prompts investors to take a closer look at XPTUSD. Let us discuss this topic and make up a trading plan.Monthly platinum fundamental forecastWith gold hitting all-time highs and silver rallying more than 20% year-to-date, the performance of other precious metals doesn't look so remarkable. However, outsiders often become wi
  
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• EURUSD: Elliott wave analysis and forecast for 10.05.24 – 17.05.24

  10-05-2024 12:00 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 1.0648 with a target of 1.1141 – 1.1350.Alternative scenario: breakout and consolidation below the level of 1.0648 will allow the pair to continue declining to the levels of 1.0447 – 1.0218.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
  
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• Bitcoin ETFs helped drive the crypto’s price higher. That may no longer be the case.

  10-05-2024 12:00 via rocketnews.com
  Spot bitcoin exchange-traded funds have been an important driver of the cryptocurrency’s price, helping to push bitcoin to a record high in March. However, things have started to change.
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  [mwai_chat context=”Let’s have a discussion about this article:nnSpot bitcoin exchange-traded funds have been an important driver of the cryptocurrency’s price, helping to push bitcoin to a record high in March. However, things have starte
  
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• Eurozone stocks are at their highest in 16 years. UBS now prefers Europe over U.S. equities.

  10-05-2024 11:47 via rocketnews.com
  UBS strategists led by Andrew Garthwaite say they now prefer European stocks over their U.S. counterparts — though it should be said, to only the middle of its regional scorecard
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnUBS strategists led by Andrew Garthwaite say they now prefer European stocks over their U.S. counterparts — though it should be said, to only the middle of its regional scorecardnnDi
  
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• USDCHF: Elliott wave analysis and forecast for 10.05.24 – 17.05.24

  10-05-2024 11:35 via litefinance.org
  
  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 3 of
  
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• China EV makers under pressure after reports Biden aiming tariffs at the sector

  10-05-2024 11:24 via rocketnews.com
  Shares of NIO and Li Auto were falling in premarket trading on Friday after reports that the Biden administration could be ready to roll out fresh tariffs on China EVs and other sectors.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnShares of NIO and Li Auto were falling in premarket trading on Friday after reports that the Biden administration could be ready to roll out fresh tariffs on China EVs and other sectors.
  
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• USDCAD: Elliott wave analysis and forecast for 10.05.24 – 17.05.24

  10-05-2024 11:02 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 1.3604 with a target of 1.4000 – 1.4200.Alternative scenario: breakout and consolidation below the level of 1.3604 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, with wav
  
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• Forecast for Nvidia (NVDA) stock for 2024, 2025-2026, and in the long term

  10-05-2024 09:30 via litefinance.org
  
  As we navigate the stock market landscape, Nvidia (NVDA) emerges as a critical player worthy of attention for its future stock price movements. The pivotal question many are asking is, "Are Nvidia stock prices expected to go up or down?" Delving into the current trends and data, there's a leaning toward a bullish perspective on NVDA's stock. This fact makes it an intriguing option for investors and traders. In this article, readers will gain an in-depth understanding of Nvidia's (NVDA) stoc
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 10.05.2024

  10-05-2024 09:11 via litefinance.org
  
  Dear readers,I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.Elliott Wave analysis for BitcoinBitcoin's price continues forming a complex correction [4], made of subwaves (W)-(X)-(Y)-(XX)-(Z). The first three parts are completed. The second linking wave (XX) is currently unfolding and may form as a regular zigzag A-B-C. The final actionary wave [Y] of the correction B presumably continues forming. The price may drop to 59933.27, the level
  
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• Dollar feels down. Forecast as of 10.05.2024

  10-05-2024 08:49 via litefinance.org
  
  No matter how much the EURUSD bears tried to attack amid different monetary expansion paces in Europe and the United States, another sign of the US economy's weakness brought them down to earth. Let’s discuss it and make a trading plan.Weekly fundamental forecast for dollarOnce an accident, twice a coincidence, three times a pattern. After job openings fell to a three-year low in March and employment slowed to a six-month low in April, an increase in US jobless claims to an eight-month hig
  
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• Short-term analysis for oil, gold, and EURUSD for 10.05.2024

  10-05-2024 08:32 via litefinance.org
  
  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.The euro is growing as part of a short-term uptrend.Oil price forecast for today: USCrude analysisOil is rising as part of a correction to the short-term downtrend. The growth target is resistance (A) 80.03 - 79.73. After reaching this zone, consider new sale
  
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• The feds may crack down on credit-card rewards programs. Here’s what that means for your points and miles.

  09-05-2024 23:57 via rocketnews.com
  The Department of Transportation and the Consumer Financial Protection Bureau are exploring possible regulation of the credit-card rewards system and the frequent-flier programs linked to them, officials said at a joint hearing held by the DOT and CFPB on Thursday.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe Department of Transportation and the Consumer Financial Protection Bureau are exploring possible regula
  
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• Global stocks are no longer a monolith. Why India and Japan ETFs are drawing investors into single-country funds in 2024.

  09-05-2024 22:52 via rocketnews.com
  U.S. investors are snapping up ETFs with a single country focus in 2024, dumping multinational funds and bypassing China’s market in favor of other emerging nations with stronger growth prospects.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnU.S. investors are snapping up ETFs with a single country focus in 2024, dumping multinational funds and bypassing China’s market in favor of other emerging nations
  
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• Dropbox’s results get a break from investors after big selloff in February

  09-05-2024 22:45 via rocketnews.com
  After taking a big hit during its last round of earnings, shares of Dropbox Inc. rose on Thursday after the online-storage platform reported first-quarter results that topped Wall Street’s estimates.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnAfter taking a big hit during its last round of earnings, shares of Dropbox Inc. rose on Thursday after the online-storage platform reported first-quarter results that
  
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• Papa John’s sold more pizza, but people pulled back on sides and drinks

  09-05-2024 20:35 via rocketnews.com
  Papa John’s stock sank toward a four-year low Thursday, after the pizza chain reported the biggest quarterly revenue miss in more than five years, amid a decline in the number of transactions and deliveries.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnPapa John’s stock sank toward a four-year low Thursday, after the pizza chain reported the biggest quarterly revenue miss in more than five years, amid a
  
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• Planet Fitness’ stock rallies after company unveils first price hike in 30 years

  09-05-2024 20:07 via rocketnews.com
  Planet Fitness Inc.’s stock reversed early losses to trade up 8% Thursday, as investors looked past a revenue shortfall and lowered guidance to focus on a price hike and other positives from the earnings call.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnPlanet Fitness Inc.’s stock reversed early losses to trade up 8% Thursday, as investors looked past a revenue shortfall and lowered guidance to focus o
  
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• Six Flags’ stock soars as investors look past theme-park operator’s loss to focus on strong start to season

  09-05-2024 17:56 via rocketnews.com
  Six Flags Entertainment Corp.’s stock reversed early losses to trade up 6% Thursday as investors looked past a wider-than-expected first-quarter loss and revenue shortfall to focus on a positive setup for the summer season.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnSix Flags Entertainment Corp.’s stock reversed early losses to trade up 6% Thursday as investors looked past a wider-than-expected first-
  
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