Analyst news

• GE Vernova, Solventum to join S&P 500 index next week

  27-03-2024 23:12 via rocketnews.com
  Newly minted GE Vernova and Solventum Corp., both soon to be officially spun off from two industrial giants, are hitting it big early: They are joining the S&P 500 index next week.
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  [mwai_chat context=”Let’s have a discussion about this article:nnNewly minted GE Vernova and Solventum Corp., both soon to be officially spun off from two industrial giants, are hitting it big early: They are joining the S&P 500 index next week.nnDi
  
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• Fed’s Waller says there’s ‘no rush’ to cut U.S. interest rates

  27-03-2024 23:00 via rocketnews.com
  Federal Reserve Gov. Chris Waller said high inflation readings and strong job gains in early 2024 reinforce his view that “there is no rush” to cut U.S. interest rates.
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  [mwai_chat context=”Let’s have a discussion about this article:nnFederal Reserve Gov. Chris Waller said high inflation readings and strong job gains in early 2024 reinforce his view that “there is no rush” to cut U.S. interest rates.nnDiscussion
  
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• Carnival provides estimate of what the Baltimore bridge collapse will cost it

  27-03-2024 19:34 via rocketnews.com
  Carnival Corp.’s stock dropped Wednesday after the cruise operator reported an narrower-than-expected fiscal first-quarter loss but also provided an estimate for what the collapse of the Francis Scott Key Bridge in Baltimore would cost it this year.
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  [mwai_chat context=”Let’s have a discussion about this article:nnCarnival Corp.’s stock dropped Wednesday after the cruise operator reported an narrower-than-expected fiscal fi
  
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• Novocure’s stock surges after positive results in brain-cancer trial

  27-03-2024 19:26 via rocketnews.com
  Novocure Ltd.’s stock soared 15% Wednesday after the company announced positive results from a late-stage trial of a medtech device to treat patients with lung cancer that has spread to their brains.
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  [mwai_chat context=”Let’s have a discussion about this article:nnNovocure Ltd.’s stock soared 15% Wednesday after the company announced positive results from a late-stage trial of a medtech device to treat patients with lung c
  
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• Oil could trade near $100 this year. Here’s what could drag prices back down.

  27-03-2024 18:54 via rocketnews.com
  Russia’s decision to deepen its oil production cuts could lift global benchmark crude near $100 a barrel by September, but demand destruction may play a part in dampening price prospects, said analysts at J.P. Morgan.
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  [mwai_chat context=”Let’s have a discussion about this article:nnRussia’s decision to deepen its oil production cuts could lift global benchmark crude near $100 a barrel by September, but demand destruction m
  
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• BlackRock’s Larry Fink calls for urgent national action on retirement crisis

  27-03-2024 18:21 via rocketnews.com
  The retirement crisis facing America is so “big and urgent” that government and corporate leaders need to stop business as usual and tackle the problem so that future generations will be able to grow older with dignity, according to the chair and chief executive of investment-management company BlackRock Inc.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe retirement crisis facing America is so “
  
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• Oil prices pare losses as official U.S. data show rise in crude supply of more than 3 million barrels

  27-03-2024 16:13 via rocketnews.com
  Oil futures declined on Wednesday but pared some of their early losses after official U.S. data revealed a weekly increase in commercial crude inventories that was smaller than what was reported by an industry trade group.
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  [mwai_chat context=”Let’s have a discussion about this article:nnOil futures declined on Wednesday but pared some of their early losses after official U.S. data revealed a weekly increase in commercial crude invento
  
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• This was a hot and promising sector for 2024. That’s over, says one strategist. For now.

  27-03-2024 15:51 via rocketnews.com
  Much chatter has been devoted to what’s needed for the U.S. stock market rally to continue this year. A big one on the to-do list? Seeing gains spreading beyond the “Magnificent Seven” tech stocks, which themselves have not been moving in tandem.
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  [mwai_chat context=”Let’s have a discussion about this article:nnMuch chatter has been devoted to what’s needed for the U.S. stock market rally to continue this year.
  
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• Dow Jones Forecast for 2024 and Beyond

  27-03-2024 15:51 via litefinance.org
  
  Dow Jones (US30, YM) — Dow Jones Industrial Average, DJIA. Its price reflects the average cost of 30 companies from various sectors listed on the NYSE (New York Stock Exchange). Dow Jones comprises the largest US corporations, such as Apple, Walt Disney, Walmart, Nike, McDonald's, Microsoft, Coca-Cola, and others.This Dow Jones forecast article will discuss the Dow Jones Stock Index and its past performance, factors that can affect the DJI, what experts have to say, and prediction charts.&
  
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• AI-powered fraudsters are overwhelming bank defenses, Treasury report says

  27-03-2024 14:00 via rocketnews.com
  U.S. banks are struggling to keep up with evolving artificial-intelligence technology that has enabled fraudsters to easily impersonate customers and spread malware using AI-generated text, according to a report published Wednesday by the Treasury Department.
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  [mwai_chat context=”Let’s have a discussion about this article:nnU.S. banks are struggling to keep up with evolving artificial-intelligence technology that has enabled fraudsters
  
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• This was a hot and promising sector for 2024. That’s over for now, says this strategist.

  27-03-2024 13:39 via rocketnews.com
  Much chatter has been devoted to what’s needed for the U.S. stock market rally to continue this year. A big one on the to-do list? Seeing gains spreading beyond the “Magnificent Seven” tech stocks, which themselves have not been moving in tandem.
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  [mwai_chat context=”Let’s have a discussion about this article:nnMuch chatter has been devoted to what’s needed for the U.S. stock market rally to continue this year.
  
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• Economic calendar for the week 01.04.2024 – 07.04.2024

  27-03-2024 12:53 via litefinance.org
  
  The past trading week was a cross in connection with Good Friday in Catholic countries. Banks and stock exchanges were closed that day. In short, this will be the upcoming trading week: on Monday, banks and exchanges in Catholic countries will also not work, which will affect trading volumes - they will be lower than usual.However, volatility in the market may increase sharply today, as follows from the publication of important macro statistics from the United States and the Eurozone. This pande
  
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• How has this $25 billion fund beaten the S&P 500? Patience — and preparing for ‘the next big thing’

  27-03-2024 12:37 via rocketnews.com
  Tech stocks have been on a wild ride over the past few years, but the Franklin DynaTech Fund has performed very well over long cycles. Here’s how it might get in early on another transformational business cycle.
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  [mwai_chat context=”Let’s have a discussion about this article:nnTech stocks have been on a wild ride over the past few years, but the Franklin DynaTech Fund has performed very well over long cycles. Here’s how it
  
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• Will Aussie rise? Forecast as of 27.03.2024

  27-03-2024 11:58 via litefinance.org
  
  Despite a number of positive news from the Chinese and Australian economies, AUDUSD continues to fall. Traders have added up to AUD net shorts to record levels, and with good reason. Let's discuss this topic and make up a trading plan.Weekly Australian dollar fundamental forecastInvestors do not believe that the titanic efforts of official Beijing will save the Chinese economy. Good news is perceived as temporary, and administrative methods do not work. This is also facilitated by the
  
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• Short-term analysis for oil, gold, and EURUSD for 27.03.2024

  27-03-2024 08:47 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 trading in a short-term downtrend.Oil price forecast for today: USCrude analysisOil failed to break out the Target Zone of 82.34 - 81.35. Today, its price is declining toward support (A) 79.73 - 79.40. After its test, consider new purcha
  
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• Dollar gains with no risk. Forecast as of 27.03.2024

  27-03-2024 07:10 via litefinance.org
  
  Markets agree with the Fed on the scale of monetary expansion. But despite the same forecasts for the economy, scientists do not agree with the central bank. If they are right, the EURUSD will continue to fall.Weekly US dollar fundamental forecastFear and Greed are ruling the market. When the Fed made a dovish shift at the end of 2023, signaling a cut in the federal funds rate at three FOMC meetings in 2024, markets saw six acts of monetary expansion. Treasury yields and the US dollar collapsed.
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 27.03.2024

  27-03-2024 06:39 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 is forming a corrective wave (4) as a part of the bullish impulse. Correction (4) is developing as a standard zigzag A-B-C. Correction B must have completed, and the Bitcoin price is declining in the C impulse that should finish at a level of 60984.19, mar
  
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• GameStop shares slide 15% on top- and bottom-line misses for fourth quarter

  27-03-2024 01:27 via rocketnews.com
  GameStop Corp.’s shares fell in in extended trading Tuesday, after the videogame retailer and original meme stock missed analysts’ top- and bottom-line estimates in its fourth-quarter results.
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  [mwai_chat context=”Let’s have a discussion about this article:nnGameStop Corp.’s shares fell in in extended trading Tuesday, after the videogame retailer and original meme stock missed analysts’ top- and bottom-line esti
  
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