Analyst news

• Proxy advisory firm ISS backs Nelson Peltz’s bid to join Disney’s board

  21-03-2024 23:32 via rocketnews.com
  Activist investor Nelson Peltz on Thursday received a mega-endorsement in his bid to join Walt Disney Co.’s board, as influential proxy advisory firm Institutional Shareholder Services threw its support behind him.
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  [mwai_chat context=”Let’s have a discussion about this article:nnActivist investor Nelson Peltz on Thursday received a mega-endorsement in his bid to join Walt Disney Co.’s board, as influential proxy advisory f
  
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• After Reddit IPO, clock is ticking on CEO’s ‘strange’ bet on the stock’s performance

  21-03-2024 21:53 via rocketnews.com
  Already one of the most highly paid CEOs in the U.S., Steve Huffman will get a bonus of more than $20 million if Reddit’s stock can maintain a $5 billion market capitalization, which would only increase his outsize voting power over the company
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  [mwai_chat context=”Let’s have a discussion about this article:nnAlready one of the most highly paid CEOs in the U.S., Steve Huffman will get a bonus of more than $20 million if Reddit&rs
  
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• Nike stock rises after quarterly results beat estimates, amid ‘progress’ on efforts to reignite better growth

  21-03-2024 21:33 via rocketnews.com
  Shares of Nike Inc. rose after hours on Thursday, after the sneaker maker reported fiscal third-quarter results that beat expectations and management said it was “encouraged” by the company’s efforts to focus on newer products and deliver better growth.
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  [mwai_chat context=”Let’s have a discussion about this article:nnShares of Nike Inc. rose after hours on Thursday, after the sneaker maker reported fiscal third-quart
  
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• Five Below is backing away from self-checkout to limit theft after hit to profits

  21-03-2024 19:57 via rocketnews.com
  Teen-centric discount retailer Five Below Inc. on Wednesday said it would further limit self-checkout and take other measures to combat theft after executives said stealing at stores hit fourth-quarter profits a bit more than expected.
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  [mwai_chat context=”Let’s have a discussion about this article:nnTeen-centric discount retailer Five Below Inc. on Wednesday said it would further limit self-checkout and take other measures to combat t
  
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• Olive Garden, Ruth’s Chris parent’s lower-income customer is spending much less

  21-03-2024 19:49 via rocketnews.com
  Darden Restaurants’ stock took a bitter turn Thursday, after the parent of the Olive Garden and Ruth’s Chris Steak House chains reported a surprise decline in same-restaurant sales, citing a tough sales environment.
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  [mwai_chat context=”Let’s have a discussion about this article:nnDarden Restaurants’ stock took a bitter turn Thursday, after the parent of the Olive Garden and Ruth’s Chris Steak House chains repor
  
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• Stock market’s post-Fed rally hides some worry about officials’ commitment to 2% inflation

  21-03-2024 19:33 via rocketnews.com
  Behind the continued U.S. stock-market rally that sent all three major indexes to new heights on Thursday is a sense of worry about the Federal Reserve’s latest message.
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  [mwai_chat context=”Let’s have a discussion about this article:nnBehind the continued U.S. stock-market rally that sent all three major indexes to new heights on Thursday is a sense of worry about the Federal Reserve’s latest message.nnDiscussion:nn”
  
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• Accenture’s stock sees biggest selloff in a decade after earnings outlook cut

  21-03-2024 19:19 via rocketnews.com
  Accenture investors were having their worst day in four years on Thursday, after the management consultant cut its full-year earnings outlook as clients pull further bank on spending and as corporate decision-making continues to get delayed.
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  [mwai_chat context=”Let’s have a discussion about this article:nnAccenture investors were having their worst day in four years on Thursday, after the management consultant cut its full-year earnin
  
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• Accenture touts AI growth, but stock sinks as outlook is cut due to demand shift

  21-03-2024 16:41 via rocketnews.com
  Accenture investors were having their worst day in four years on Thursday, after the management consultant cut its full-year earnings outlook as clients pull further bank on spending and as corporate decision-making continues to get delayed.
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  [mwai_chat context=”Let’s have a discussion about this article:nnAccenture investors were having their worst day in four years on Thursday, after the management consultant cut its full-year earnin
  
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• Justice Department sues Apple for iPhone antitrust violations

  21-03-2024 16:37 via rocketnews.com
  The lawsuit accuses Apple of using its dominant position in the market for smartphones and related applications to prevent customers from switching phones or using non-Apple products in conjunction with the iPhone.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe lawsuit accuses Apple of using its dominant position in the market for smartphones and related applications to prevent customers from switching phones or
  
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• Philadelphia Fed’s factory gauge stays in expansion territory for second straight month

  21-03-2024 13:55 via rocketnews.com
  The Philadelphia Fed said Thursday its gauge of regional business activity stayed in expansion territory in March, slipping only slightly to 3.2  from 5.2 in the prior month.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe Philadelphia Fed said Thursday its gauge of regional business activity stayed in expansion territory in March, slipping only slightly to 3.2  from 5.2 in the prior month.nnDiscussion:n
  
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• Fed’s interest-rate decision makes bank stocks more attractive: analyst

  21-03-2024 13:31 via rocketnews.com
  “It feels like the rally in the banks was perhaps because [The Fed] didn’t take rate cuts off the table despite some hotter inflation prints,” one banking analyst tells MarketWatch.
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  [mwai_chat context=”Let’s have a discussion about this article:nn“It feels like the rally in the banks was perhaps because [The Fed] didn’t take rate cuts off the table despite some hotter inflation prints,” one banking
  
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• Bank of England holds rates as two voters reverse hike view

  21-03-2024 13:11 via rocketnews.com
  The Bank of England on Thursday said it was holding interest rates steady, with expectations that it may begin to reverse a string of cuts in as little as three months.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe Bank of England on Thursday said it was holding interest rates steady, with expectations that it may begin to reverse a string of cuts in as little as three months.nnDiscussion:nn” ai_name=&rdqu
  
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• Olive Garden parent Darden’s stock dives after sales drop, guidance cut

  21-03-2024 13:02 via rocketnews.com
  Darden Restaurants’ stock took a bitter turn Thursday, after the parent of the Olive Garden and Ruth’s Chris Steak House chains reported a surprise decline in same-restaurant sales, citing a tough sales environment.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnDarden Restaurants’ stock took a bitter turn Thursday, after the parent of the Olive Garden and Ruth’s Chris Steak House chains repor
  
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• Pound took step forward. Forecast as of 21.03.2024

  21-03-2024 10:52 via litefinance.org
  
  The first part of the confrontation between the Federal Reserve and the Bank of England ended in favor of the GBPUSD bulls. They have recovered from the impact of inflation and are preparing for a BoE response. Let us discuss the Forex outlook and make up a trading plan.Daily Pound fundamental forecastAfter the turmoil in financial markets provoked by the Bank of Japan and the Federal Reserve, investors are wary of meetings of other central banks. On March 21, London may become a new h
  
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• Swiss National Bank makes surprise rate cut, sending franc lower

  21-03-2024 09:54 via rocketnews.com
  The dollar surged against the Swiss franc after the Swiss National Bank cut interest rates on Thursday, as the country is one of the few in the industrialized world with tepid inflation pressures.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe dollar surged against the Swiss franc after the Swiss National Bank cut interest rates on Thursday, as the country is one of the few in the industrialized world with tepid
  
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• Treasury yields dip after Powell comments bolster hopes for June rate cut

  21-03-2024 09:34 via rocketnews.com
  Bond yields fell early Thursday as traders bet that forecasts and comments from the Federal Reserve the day before increase the likelihood that borrowing costs will start to be cut in the summer
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  [mwai_chat context=”Let’s have a discussion about this article:nnBond yields fell early Thursday as traders bet that forecasts and comments from the Federal Reserve the day before increase the likelihood that borrowing costs will start to be c
  
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• Short-term analysis for oil, gold, and EURUSD for 21.03.2024

  21-03-2024 08:55 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 rising after the Fed left interest rates unchanged.Oil price forecast for today: USCrude analysisOil is correcting downwards, with a target at support (A) 79.73 - 79.40. The short-term uptrend continues. If the price reaches support (A) as pa
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 21.03.2024

  21-03-2024 07:54 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 analysisThe BTCUSD market must have completed the first two sub-waves [1]-[2] of the bullish impulse, and the price resumed rising in the third wave, with sub-waves (1)-(2)-(3) finished inside. Correction (4) is currently unfolding as a double zigzag W-X-Y. The mot
  
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• Dollar loses its shine. Forecast as of 21.03.2024

  21-03-2024 07:19 via litefinance.org
  
  The Fed did not change its December forecasts, which satisfied financial markets. The EURUSD has returned above 1.09. Should we expect the rally to continue? Let us discuss the Forex outlook and create a trading plan.Weekly US dollar fundamental forecastInvestors were looking forward to FOMC's updated forecast for the federal funds rate, and Jerome Powell encouraged the market’s Greed. The first-ever rises of the S&P 500 above 5200 and gold above $2200, as well as the return of EURUSD
  
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