Analyst news

• Dow Jones Newswires: Auddia to appeal Nasdaq delisting decision

  30-10-2023 23:33
  Auddia AUUD, -3.22%said Monday it received written notice from Nasdaq staff on Oct. 24 that it hadn’t regained compliance with the exchange’s bid price requirement, and staff would delist the company’s stock unless an appeal was filed. The company said it planned to file its appeal and address compliance with the bid price requirement. While the appeal process is under way, the suspension of trading won’t take place, Auddia said.In April, Auddia disclosed it received noti
  
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• : SEC charges SolarWinds and company executive with fraud after massive cybersecurity breach

  30-10-2023 22:43
  The Securities and Exchange Commission on Monday charged software provider SolarWinds Corp. and its chief information-security officer with fraud and the failure to fully disclose cybersecurity weaknesses, following a historic cyberattack disclosed in 2020 that was purportedly backed by Russia.SolarWinds SWI, -1.59%,in a statement, called the allegations “unfounded” and accused the SEC of “overreach.” Shares of the company were down 0.2% in after-hours trade on Monday. Th
  
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• Dow Jones Newswires: Treasury Wine Estates to buy California’s DAOU Vineyards for $900 million

  30-10-2023 22:21
  SYDNEY — Treasury Wine Estates TWE, -0.98%will buy California-based DAOU Vineyards for up to $1 billion in a move the Australia-based producer said provides it with scale to launch a future standalone Americas luxury division. Treasury on Tuesday said it agreed to pay $900 million up front for what it called the fastest-growing luxury wine brand in U.S. trade over the 12 months through Oct. 8. It could pay up to $100 million in additional earn-outs linked to growth targets over the three y
  
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• : Zombie pub crawls? Hey, all you adult party monsters: Stop spoiling Halloween for the kids!

  30-10-2023 21:50
  Like a lot of kids, I loved everything about Halloween — so much so that I used to travel to a faraway friend’s Halloween-obsessed neighborhood so I could celebrate the holiday in the best way possible. I left with practically enough candy to last me until the following Oct. 31. So imagine my surprise, some 50 or so years later, when I received an email from a gourmet-food company advertising a Halloween sale on caviar. Not chocolate bars. Not peanut-butter cups. But good ol’ f
  
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• Financial Crime: Prosecutors hammer at Sam Bankman-Fried’s credibility in FTX criminal fraud trial

  30-10-2023 21:27
  Federal prosecutors on Monday sought to chip away at FTX founder Sam Bankman-Fried’s credibility, pointing to discrepancies between his public comments and actions taken behind the scenes as the company collapsed. In a steady drumbeat of questions, Assistant U.S. Attorney Danielle Sassoon tried to paint Bankman-Fried, the 31-year-old former wunderkind of the crypto world, as someone who lied to his customers about the safety of their investments, while secretly raiding their accounts to fu
  
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• Earnings Results: Pinterest’s stock surges 12% on jump in revenue, earnings

  30-10-2023 21:21
  Pinterest Inc.’s stock popped more than 12% in extended trading Monday after it reported quarterly results that topped analysts’ revenue and earnings estimates.Pinterest PINS, +3.04%reported fiscal third-quarter net income of $6.73 million, or a penny a share, compared with a loss of $65.2 million, or 10 cents a share, in the year-ago quarter. Adjusted earnings were 28 cents a share. Revenue was $763.2 million, up 11% from $684.6 million a year ago.Analysts surveyed by FactSet had ex
  
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• The Tell: Stanley Druckenmiller slams Janet Yellen for ‘biggest blunder in Treasury history’: Failing to lock in rock-bottom interest rates

  30-10-2023 21:16
  Treasury Secretary Janet Yellen has some explaining to do, according to billionaire hedge-fund titan Stanley Druckenmiller. Yellen missed an important opportunity, Druckenmille says, by not issuing more long-dated Treasury bonds when interest rates were near zero during the aftermath of COVID-19. “Janet Yellen, I guess because political myopia or whatever, was issuing 2-years at 15 basis points…when she could have issued 10-years at 70 basis points or 30-years at 180 basis points,&r
  
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• Market Snapshot: Dow Jones surges more than 500 points as stocks snap 3-day losing streak

  30-10-2023 20:50
  U.S. stocks posted sharp gains Monday, with indexes bouncing back after the S&P 500 and Nasdaq Composite fell into corrections last week.Investors were looking ahead to a Federal Reserve decision, jobs data, earnings reports and other potential market-moving events this week. What happened The Dow Jones Industrial Average DJIArose 511.37 points, or 1.6%, to close at 32,928.96. The S&P 500 SPXgained 49.45 points, or 1.2%, to end at 4,166.82. The Nasdaq Composite COMPended at 12,789.48, up
  
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• Earnings Results: Wolfspeed’s stock gains as company notches smaller loss than expected

  30-10-2023 20:37
  Wolfspeed Inc. shares rose 8% in after-hours trading Monday after the silicon-carbide company forecast a slimmer-than-expected loss for its ongoing quarter. The company posted a fiscal first-quarter net loss of $402.7 million, or $3.22 a share, compared with a loss of $26.2 million, or 21 cents a share, in the year-earlier period. On an adjusted basis, Wolfspeed WOLF, -3.41%lost 53 cents a share, whereas it lost 24 cents a share a year before. The FactSet consensus was for a 67-cent loss per sha
  
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• : ‘I went from nearly $21,000 to $0 in a moment’s notice’: How $10M in student loans were canceled for former Morehouse students

  30-10-2023 20:34
  When Jordan Young first listened to a voicemail last week explaining that he would have the nearly $21,000 balance on his account with Morehouse College canceled, he was skeptical.  “You get a lot of phone calls these days from people with scams and all types of stuff,” he said. “I was just like there is no way, there is no way.” “Those were things I’ve been praying for,” he added. “To hear that happen it was just surreal.” &nb
  
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• Outside the Box: How yours and mine becomes ours: Navigating finances in blended families

  30-10-2023 20:17
  Managing the family finances is a leading cause of divorce. If nuclear families can’t get along when it comes to money, is it really a surprise that a blended family often has even more challenges?  “The additional outside forces such as ex-spouses and the biases and heightened emotions brought into the relationship from prior failed relationships can make managing money in a blended family especially hard,” financial expert Mikel Van Cleve says. Van Cleve, currently a Ph.
  
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• The Ratings Game: McDonald’s set up well for 2024 as digital sales, restaurant growth, ramp up: Wells Fargo

  30-10-2023 19:54
  McDonald’s Corp., which reported better-than-expected third-quarter results before market open Monday, is well positioned for 2024, according to Wells Fargo. “Catalysts are coming,” Wells Fargo analyst Zachary Fadem wrote in a note released mid-morning Monday, citing easing November compares ahead of McDonald’s MCD, +1.72%December analyst event, as well as long-term restaurant growth.“Despite a lukewarm response, we see a solid MCD setup into FY24,”
  
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• : Why aren’t homeowners selling their homes? Hint: It’s not just the ‘lock-in effect’

  30-10-2023 19:46
  Is the ‘lock-in’ effect a myth?  Though it’s widely believed that homeowners are refusing to sell because they don’t want to let go of a lower-rate mortgage, Fannie Mae is out with a new survey suggesting that the so-called ‘lock-in effect’ may not be as big of a factor in homeowners refusing to budge as previously suspected.The ‘lock-in effect’ refers to the “disincentive for existing homeowners to sell their homes because their current
  
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• : AMC shares set for largest percentage gain in more than 3 weeks, boosted by Taylor Swift

  30-10-2023 19:45
  Shares of AMC Entertainment Holdings Inc. were up 8.1% Monday and are set to break a three-day losing streak. The stock is also on pace for its largest daily percentage gain since Oct. 6, when it gained 11.6%. The movie-theater chain and meme-stock darling has been reaping the benefits of Taylor Swift’s record-breaking concert film, which opened Oct. 12. “Taylor Swift: The Eras Tour,” was expected to cross $200 million at the global box office on Sunday, according to
  
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• : Spirit Realty’s stock rallies on $9 billion buyout by Realty Income Corp.

  30-10-2023 18:00
  Spirit Realty Capital Inc.’s stock was up by 8% on Monday after it agreed to be acquired by Realty Income Corp. in a deal that values the Dallas-based real-estate-investment company at $9.3 billion. The deal comes one trading day after Spirit Realty’s stock closed at a three-year low. Realty Income’s stock O, -6.10%was down 5.5% to $46.40in regular trading. The stock is on track for its lowest close since April 6, 2020, when it closed at $45.33 a share, according to Dow Jones M
  
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• Market Extra: Gold prices settle above $2,000, at highest since end of July

  30-10-2023 17:53
  Gold futures ended higher for a fourth session in a row on Monday, with prices finishing the session above $2,000 an ounce — at their highest since the end of July. Gold for December delivery GCZ23, +0.45% GC00, +0.45%climbed $7.10, or 0.4%, to settle at $2,005.60 an ounce on Comex. That was the first settlement for a most-active contract above $2,000, and highest finish, since July 31, according to Dow Jones Market Data. Prices for the precious metal have have been rising “largely d
  
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• Deep Dive: Municipal bonds offer fantastic yields, especially in these four high-tax states

  30-10-2023 17:26
  If you are an investor, assumptions built up during decades of low bond yields now have to go out the window. Interest rates are now high enough that you can get compelling returns on municipal bonds, if you take tax advantages into account. This assumes of course that you are paying high-enough income taxes that avoiding them is worthwhile. Early in October we looked at exchange-traded funds that invest in municipal bonds paying interest that is exempt from federal income taxes. We also dug int
  
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• The Moneyist: My in-laws put their $1.5 million property in a trust. My sister-in-law is trustee, but blocks our calls. What can we do?

  30-10-2023 16:45
  Dear Quentin,Nearly 10 years ago, my in-laws put their co-op in a trust, making their youngest child, a widow, the trustee and the power of attorney. No copies of the trust were given to my husband and his brother, the other two beneficiaries. My father-in-law passed away three years ago and my mother-in-law, who at first was in assisted living, is now in a nursing home. (Since the trust was over five years old, Medicaid is paying for the nursing home.) The apartment was sold one year ago f
  
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• Market Snapshot: Dow Jones jumps over 350 points as investors await this week’s Fed decision

  30-10-2023 16:42
  U.S. stocks saw sharp gains Monday, with indexes bouncing after the S&P 500 and Nasdaq Composite fell into corrections last week as investors looked ahead to a Federal Reserve decision, jobs data, earnings reports and other potential market-moving events.What’s happening The Dow Jones Industrial Average DJIArose 560 points, or 1.7%, to 32,978. The S&P 500 SPXwas up 54 points, or 1.3%, at 4,171. The Nasdaq Composite COMPtraded at 12,800, up 157 points, or 1.2%.The Dow fell 2.1% last
  
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• Key Words: McDonald’s CEO says earnings results prove that ‘difficult times’ for consumers can be a good thing

  30-10-2023 16:30
  “‘Between inflation remaining high, the elevated cost of fuel, interest rates, housing affordability pressures and more, consumers all over the world are paying more and more for everyday goods and services. Proving time and time again if in difficult times, the McDonald’s brand and our positioning on value is an opportunity for us.”” — McDonald’s Chief Executive Officer Chris KempczinskiThat’s McDonald’s Corp. Chief Executive Chris Kempczins
  
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• : CVS, Target and other eye-drop products pose risk of dangerous infections, FDA warns

  30-10-2023 16:10
  More than two dozen over-the-counter eye-drop products marketed under CVS Health Corp. CVS, +2.63%,Target Corp. TGT, +1.41%,Rite Aid Corp. RADCQ, +8.86%and other brands pose a risk of eye infections that could cause partial vision loss or blindness, the U.S. Food and Drug Administration warned Friday.Consumers should not buy or use the products, which include lubricating and dry-eye relief drops sold under the Velocity Pharma brand and Cardinal Health Inc.’s CAH, +0.07%Rugby and Leader lab
  
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• : Biden’s executive order on AI could reshape the technology’s impact on economy, national security

  30-10-2023 15:47
  President Joe Biden’s sweeping executive order on artificial intelligence, expected to be issued Monday afternoon, could greatly shape how AI evolves as it extends its tentacles into the U.S. economy and national security. The order will require the tech industry to develop safety and security standards, introduce new consumer protections, and ease barriers to immigration for highly-skilled workers.Government agencies such as the Defense Department and Energy Department would be required t
  
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• Earnings Results: SoFi sees lending volumes surge, but stock gives back its big gains

  30-10-2023 15:28
  SoFi Technologies Inc. saw its student-lending business reignite in the latest quarter, but shares of the financial-technology company gave back their early gains — despite an upbeat outlook as well. SoFi SOFI, +0.66%saw student-loan originations climb to $919.3 million in the third quarter, up 101% from a year prior, as borrowers planned for the resumption of student-loan payments after a pandemic-driven moratorium. Origination volume was the largest since the first quarter of 2022.Read:
  
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• : Biden’s AI order could help fight housing discrimination — here’s how

  30-10-2023 15:23
  President Joe Biden’s forthcoming executive order on artificial intelligence is taking aim at discrimination in the housing market, calling on federal agencies to crack down on lending bias. Biden is due to speak about the order at 2:30 p.m. Eastern today. In a summary of the order, the White House says the president wants “clear guidance to landlords, federal benefits programs and federal contractors, to keep AI algorithms from being used to exacerbate discrimination.”
  Article
  
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• : Healthpeak Properties and Physicians Realty to combine in $21 billion all-stock merger of equals

  30-10-2023 12:58
  Healthpeak Properties Inc. and Physicians Realty Trust said Monday they are combining in an all-stock merger of equals valued at about $21 billion. Under the terms of the deal, each of Milwaukee-based Physicians Realty’s DOC, -0.63%shares will be converted into 0.674 of a newly issued share by Denver-based Healthpeak PEAK, -1.91%.The deal will create a real estate platform “dedicated to healthcare discovery and delivery with a 52 million square foot portfolio, including 40 million sq
  
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• Yen prepared a surprise. Forecast as of 30.10.2023

  30-10-2023 11:17 via litefinance.org
  
  High inflation and significant QE spending suggest that BoJ's yield curve control policy is no longer appropriate. It's time to normalize monetary policy. But will the Bank of Japan meet the expectations of investors? Let us discuss the Forex outlook and make up a USDJPY trading plan.Weekly Japanese yen fundamental forecastInaction is sometimes also action. However, to gain time, the regulator needs to take some steps. The Bank of Japan faces a difficult choice. It could leave it as is and send
  
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• Market Snapshot: S&P 500 futures rise from five-month low with Fed and Apple results in view

  30-10-2023 09:27
  U.S. stock futures rebound as traders eye busy week containing jobs data, central bank action and Apple earnings.How are stock-index futures trading S&P 500 futures ES00, +0.66%rose 28 points, or 0.6% to 4166 Dow Jones Industrial Average futures YM00, +0.52%added 170 points, or 0.5% to 32678 Nasdaq 100 futures NQ00, +0.81%advanced 120 points, or 0.8% to 14386On Friday, the Dow Jones Industrial Average DJIAfell 367 points, or 1.12%, to 32418, the S&P 500 SPXdeclined 20 points, or 0.48%, t
  
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• Movers & Shakers: Intuitive Machines stock climbs on lunar mission plan as McDonald’s edges higher ahead of results

  30-10-2023 09:20
  Here are the biggest movers of the day: Stock gainers: Coherus BioSciences stock CHRS, -3.65%rose 17% as the Food and Drug Administration approved its treatment for nasopharyngeal cancer when combined with chemotherapy that it makes with Shanghai Junshi Biosciences.
  Article Attribution | Read More at Article Source Send '; let aiName = 'RocketNews AI:'; let sysName = 'System:'; let env = 'chatbot'; let apiKey = ''; let service = 'openai'; let session = 'N/A'; let mode = 'chat'; let model = 'gpt-
  
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• NerdWallet: What early-decision college applicants can do about the FAFSA delay

  30-10-2023 09:03
  This article is reprinted by permission from NerdWallet.  The delayed release of the 2024-25 Free Application for Federal Student Aid (FAFSA) could make it more difficult for “early decision” applicants to accurately gauge the cost of their college education.Early decision is a binding process, usually with a November application deadline and a December admissions decision. Students may apply to only one college via early decision, and if accepted, they typically
  
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• Kelley Blue Book: More Americans are car shopping, despite UAW strike and high prices

  30-10-2023 09:03
  October saw a strike close many car factories, and war and political turmoil are in the news. But Americans went car shopping anyway. According to analysts from Kelley Blue Book parent company Cox Automotive, new-vehicle sales volume in the U.S. is expected to rise nearly 4% compared with October 2022, a market in the early stages of recovery from severe product shortages.Car shopping isn’t back to the level it held before the COVID-19 pandemic unsettled the worldwide economy. Americans bo
  
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• NerdWallet: 6 questions to ask during open enrollment to help you find the best plan

  30-10-2023 09:01
  This article is reprinted by permission from NerdWallet.  Open enrollment is no one’s idea of a good time, but health coverage is a crucial part of your financial health. Whether you’re getting insurance through an employer or the Affordable Care Act marketplace, it’s important to ask the right questions before you choose a health plan for 2024.“Open enrollment is a great time to do a personal health audit,” says certified public accountant Charl
  
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• Kelley Blue Book: Toyota shows off fully electric GR-type sports coupe concept

  30-10-2023 09:01
  In the run-up to this year’s Japan Mobility Show (formerly the Tokyo Motor Show), the most buzz-worthy teasers came from Toyota TM, +0.70%.The company showed off several angles of a low-slung, sleek, Supra-like electric sports coupe with the GR logo worn by Toyota’s sportiest cars. The FT-Se is here. And it’s worthy of the buzz. Officially, just a concept The Toyota FT-Se Concept is a concept car — a design study meant to show off a direction future designs
  
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• USD breaks patterns. Forecast as of 30.10.2023

  30-10-2023 09:00 via litefinance.org
  
  Will a rally in Treasury yields help EURUSD bears? Will bulls take advantage of the USD's seasonal weakness towards the end of the year instead? But what if both factors no longer work? Let's discuss this topic and make up a trading plan.Weekly US dollar fundamental forecastThe traditional theory that raising rates cools both the economy and inflation no longer works. US GDP expanded by 4.9% in the third quarter, and the 6-month PCE in September fell to 2.8%, approaching the Fed target. Tre
  
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• Next Avenue: ‘A terrific value for the rent dollar’: For retirees and empty-nesters, these trendy housing options offer many benefits

  30-10-2023 09:00
  This article is reprinted by permission from NextAvenue.org. For singles and couples in their 50s and 60s, affordable housing is increasingly difficult to find in many areas. Yes, they are in their prime earning years — but few have enough saved for retirement, and those grappling with layoffs, health problems or simply low earnings may find themselves facing down high rents, high interest rates and more.Living alone in a single-family house is challenging — financially and logi
  
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• Short-term forecast for BTCUSD, XRPUSD and ETHUSD 30.10.2023

  30-10-2023 08:16 via litefinance.org
  
  I welcome my readers!I have prepared a short-term cryptocurrency forecast based on the Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I offer entry signals to trade each cryptocurrency.Elliott wave Bitcoin analysisBitcoin is developing an uptrend as a double zigzag W-X-Y. The first part of the final actionary wave Y, that is, wave [A], is currently unfolding. Wave [A] is similar to impulse (1)-(2)-(3)-(4)-(5). Corrective wave (4) will take the shape of a horizontal triangle A-B-C-D
  
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• Short-term analysis for oil, gold, and EURUSD for 30.10.2023

  30-10-2023 07:29 via litefinance.org
  
  ПI 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 EURUSD is trading in the short-term uptrend.Oil price forecast for today: USCrude analysisThe oil short-term downtrend continues. Last week, the price tested resistance (А) 85.50 - 85.17. The zone was not broken out, and it is relevant to sel
  
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• Futures Movers: Oil falls, markets hold steady as Israel launches Gaza ground offensive

  30-10-2023 02:53
  Oil futures dropped Sunday night as markets saw a calm opening following Israel’s launch of a ground offensive in Gaza that drew implied threats from Iran amid market fears of a wider conflict that could disrupt global crude supplies. Oil declined as Israel “seems to be approaching the situation with caution, which has brought a sense of relief that the worst-case scenarios may not materialize,” said Stephen Innes, managing partner at SPI Asset Management, in a note.Innes, howe
  
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