Analyst news

• Block isn’t doing enough to win over Gen Z, this new bear warns

  04-04-2024 23:35 via rocketnews.com
  Block has won over more investors lately as the company puts a greater focus on profitability and discipline, but a Morgan Stanley analyst isn’t sold on the stock’s prospects.
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  [mwai_chat context=”Let’s have a discussion about this article:nnBlock has won over more investors lately as the company puts a greater focus on profitability and discipline, but a Morgan Stanley analyst isn’t sold on the stock’s prospect
  
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• Biden White House urges companies in Baltimore area to avoid layoffs after bridge collapse

  04-04-2024 22:33 via rocketnews.com
  The Biden White House on Thursday said it has talked to big companies in the Baltimore area to encourage them not to lay off workers following the collapse of the Francis Scott Key Bridge last month.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe Biden White House on Thursday said it has talked to big companies in the Baltimore area to encourage them not to lay off workers following the collapse of the Francis Sc
  
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• Treasurys rally as geopolitical tensions flare, Fed officials raise specter of higher-for-longer interest rates

  04-04-2024 22:29 via rocketnews.com
  Yields on U.S. government debt finished lower on Thursday as Israel-Iran tensions flared and a lineup of Federal Reserve policy makers pointed to the possibility of higher-for-longer interest rates to curb inflation.
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  [mwai_chat context=”Let’s have a discussion about this article:nnYields on U.S. government debt finished lower on Thursday as Israel-Iran tensions flared and a lineup of Federal Reserve policy makers pointed to the possib
  
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• Lamb Weston leads losses among S&P 500 stocks in its largest one-day drop ever on earnings miss

  04-04-2024 22:19 via rocketnews.com
  Lamb Weston Holdings Inc.’s stock fell nearly 20% on Thursday, for its largest one-day loss on record, after the potato-processing company blamed a slower-than-expected switch to a new software system for impacting its third-quarter results.
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  [mwai_chat context=”Let’s have a discussion about this article:nnLamb Weston Holdings Inc.’s stock fell nearly 20% on Thursday, for its largest one-day loss on record, after the potato
  
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• Paramount’s stock surrenders gains as analysts see ‘obstacle course’ in battle for control

  04-04-2024 17:35 via rocketnews.com
  Paramount Global Inc.’s stock tumbled 8.4% Thursday to snap a two-day winning streak, as analysts said the battle for control of the company —expected to play out over at least the next 30 days — is still somewhat of an obstacle course.
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  [mwai_chat context=”Let’s have a discussion about this article:nnParamount Global Inc.’s stock tumbled 8.4% Thursday to snap a two-day winning streak, as analysts said the battl
  
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• Trump touts Truth Social as ‘amazing’ startup amid stock decline as short sellers move in

  04-04-2024 17:29 via rocketnews.com
  The share price for Trump Media & Technology Group Corp., the parent company of Truth Social, has fallen nearly 25% since the company reported on Monday that it had finished 2023 with a loss of $58.2 million on revenues of $4.13 million.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe share price for Trump Media & Technology Group Corp., the parent company of Truth Social, has fallen nearly 25% since the c
  
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• Goldman should separate chairman and chief executive roles, proxy adviser ISS says, in challenge to David Solomon

  04-04-2024 17:20 via rocketnews.com
  Institutional Shareholder Services is recommending shareholders vote in favor of a measure to separate the chairman and chief executive officer roles currently held by Goldman Sachs Group Inc.’s David Solomon in a challenge to the big bank’s leadership, Reuters reported.
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  [mwai_chat context=”Let’s have a discussion about this article:nnInstitutional Shareholder Services is recommending shareholders vote in favor of a measur
  
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• Lamb Weston’s stock drops sharply on earnings miss, reduced outlook on system change

  04-04-2024 17:07 via rocketnews.com
  Lamb Weston Holdings Inc.’s stock was down by 18% on Thursday after the potato processing company blamed a slower-than-expected switch to a new enterprise resource planning system (ERP) for impacting its third-quarter results, as well as its outlook for the year.
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  [mwai_chat context=”Let’s have a discussion about this article:nnLamb Weston Holdings Inc.’s stock was down by 18% on Thursday after the potato processing company
  
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• U.S. trade deficit widens for third straight month in February

  04-04-2024 14:58 via rocketnews.com
  The U.S. international trade deficit widened 1.9% in February to a seasonally adjusted $68.9 billion, the Commerce Department said Thursday. It is the third straight month with a wider deficit and the largest imbalance since last April.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe U.S. international trade deficit widened 1.9% in February to a seasonally adjusted $68.9 billion, the Commerce Department said Thurs
  
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• Jobless claims climb to nine-week high of 221,000 — but there’s little sign of worsening labor market

  04-04-2024 14:34 via rocketnews.com
  The number of Americans who applied for unemployment benefits last week rose to a nine-week high of 221,000. but they remained quite low and didn’t show any deterioration in the labor market.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe number of Americans who applied for unemployment benefits last week rose to a nine-week high of 221,000. but they remained quite low and didn’t show any deterioratio
  
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• Mastering Crypto Leverage Trading: A Guide to Maximizing Returns

  04-04-2024 13:41 via litefinance.org
  
  Leverage in cryptocurrency trading works on the same principle as in the Forex market. This tool allows traders to increase potential profits using broker funds. However, at the same time, it increases the risks. Excessive use of leverage can lead to the loss of most of the funds.After reading this article, you will learn how leverage works in cryptocurrency trading and what advantages and risks it provides. The article also covers the topic of how to manage risks so that borrowed funds bring pr
  
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• Pound depends on rates. Forecast as of 04.04.2024

  04-04-2024 12:42 via litefinance.org
  
  GBPUSD changes are based on market expectations for the Federal funds rate and interest rate. They are formed based on economic and inflation data. Let's discuss the Forex outlook and make up a trading plan.Weekly Pound fundamental forecastFor most of the year, investors were satisfied that the Bank of England would cut rates later and less aggressively than the Fed and ECB. However, the SNB's unexpected monetary easing, a serious slowdown in UK inflation, dovish statements by Andrew Bailey
  
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• Short-term analysis for oil, gold, and EURUSD for 04.04.2024

  04-04-2024 10:08 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 has reached the boundary of a short-term downtrend channel today.Oil price forecast for today: USCrude analysisOil failed to consolidate above the Gold Zone 84.98 - 84.65. Today, the price is declining and is trying to return below this resistance. I
  
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• Gucci owner Kering buys property in Milan fashion district for $1.4 billion

  04-04-2024 09:51 via rocketnews.com
  Kering is buying a historic building in Milan’s fashion district for roughly 1.3 billion euros ($1.41 billion), expanding its presence in one of the world’s most iconic avenues.
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  [mwai_chat context=”Let’s have a discussion about this article:nnKering is buying a historic building in Milan’s fashion district for roughly 1.3 billion euros ($1.41 billion), expanding its presence in one of the world’s most iconic av
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 04.04.2024

  04-04-2024 08:59 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 is forming a horizontal correction (4) as a contracting triangle A-B-C-D-E. The first two legs of the triangle, A and B, must have completed, and the Bitcoin price should be moving down in the C wave, unfolding as a zigzag [A]-[B]-[C], to a level of
  
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• Fed to convince dollar. Forecast as of 04.04.2024

  04-04-2024 08:44 via litefinance.org
  
  The strength of the US economy will not stop the Fed. It still intends to cut rates in 2024. The market believed Jerome Powell's words so much that the EURUSD ascending correction accelerated.Weekly US dollar fundamental forecastWhen Jerome Powell speaks, everyone else is silent. The Fed Chairman's remarks that the overall inflation picture has not changed and that it is moving towards the 2% target, although the path will be bumpy and the strength of the US economy will not change the central b
  
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• Spotify shares rise 8% after report of additional price hikes

  04-04-2024 02:44 via rocketnews.com
  Shares of Spotify Technology climbed on Wednesday following a report that the company plans to raise prices further in several countries, including in the U.S., as it looks to cover the cost of audiobooks.
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  [mwai_chat context=”Let’s have a discussion about this article:nnShares of Spotify Technology climbed on Wednesday following a report that the company plans to raise prices further in several countries, including in the U.S., as it
  
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• Levi’s jeans demand is ‘stabilizing,’ execs say. Is ‘Levii’s Jeans’ by Beyoncé helping?

  04-04-2024 02:12 via rocketnews.com
  Shares of Levi Strauss & Co. rallied after hours on Wednesday after the jeans maker bumped its full-year profit forecast higher, helped by cost cuts and optimism from executives on demand for new as well as older products in the U.S. and abroad.
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  [mwai_chat context=”Let’s have a discussion about this article:nnShares of Levi Strauss & Co. rallied after hours on Wednesday after the jeans maker bumped its full-year profit forecas
  
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