Analyst news

• This is why investors shrugged off Powell’s ‘reset’ of Fed rate-cut expectations

  16-04-2024 23:59 via rocketnews.com
  Investors largely took Federal Reserve Chair Jerome Powell’s comments on the outlook for interest rates in stride on Tuesday — a development that might have come as a surprise to some market watchers.
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  [mwai_chat context=”Let’s have a discussion about this article:nnInvestors largely took Federal Reserve Chair Jerome Powell’s comments on the outlook for interest rates in stride on Tuesday — a development that mi
  
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• ‘Grand Theft Auto’ maker Take-Two to cut jobs, cancel games in cost-cutting plan

  16-04-2024 23:56 via rocketnews.com
  Videogame maker Take-Two Interactive Software Inc. said late Tuesday it will lay off about 5% of its workforce, cancel games and streamline its operations as it aims to save about $165 million a year.
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  [mwai_chat context=”Let’s have a discussion about this article:nnVideogame maker Take-Two Interactive Software Inc. said late Tuesday it will lay off about 5% of its workforce, cancel games and streamline its operations as it aims to sav
  
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• United Airlines rallies on profit forecast. But it’s adapting to the ‘reality’ of Boeing’s difficulties.

  16-04-2024 23:51 via rocketnews.com
  Shares of United Airlines Holdings Inc. rallied after hours on Tuesday, after the airline forecast a second-quarter profit that was above expectations, helped by strong demand and a rebound in business travel.
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  [mwai_chat context=”Let’s have a discussion about this article:nnShares of United Airlines Holdings Inc. rallied after hours on Tuesday, after the airline forecast a second-quarter profit that was above expectations, helped by s
  
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• Happy Thingyan Day to our Myanmar clients

  16-04-2024 23:01 via litefinance.org
  
  Dear Clients,LiteFinance sincerely congratulates all Myanmar people on the sacred holiday of Thingyan. May the waters of celebration wash over us all, bringing prosperity, happiness, and peace in the year ahead.We remind you that in honor of the holiday, a special bonus is valid throughout April. Receive 100% on every deposit of $100 or more by activating the promo code THINGYAN24 when making a deposit.Happy Thingyan Holiday!Best wishes,LiteFinance Read more
  
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• J.B. Hunt sees lower volumes, weaker demand; stock drops 6%

  16-04-2024 22:52 via rocketnews.com
  Shares of J.B. Hunt Transport Services Inc. fell 6% in the extended session Tuesday after the transportation company reported drops in its quarterly profit and revenue after weaker demand.
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  [mwai_chat context=”Let’s have a discussion about this article:nnShares of J.B. Hunt Transport Services Inc. fell 6% in the extended session Tuesday after the transportation company reported drops in its quarterly profit and revenue after weaker dem
  
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• ‘Extremely active’ hurricane season may lead to late-summer surge in gas prices

  16-04-2024 20:19 via rocketnews.com
  U.S. gasoline prices at the pump probably aren’t too far from their likely peak this year, but aparticularly active Atlantic hurricane season could lead to a late-summer surge in fuels costs, analysts warned Tuesday.
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  [mwai_chat context=”Let’s have a discussion about this article:nnU.S. gasoline prices at the pump probably aren’t too far from their likely peak this year, but aparticularly active Atlantic hurricane season co
  
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• Live Nation’s stock falls on report of pending Justice Department antitrust suit

  16-04-2024 17:35 via rocketnews.com
  Shares of Ticketmaster parent Live Nation Entertainment fell after hours on Monday following a report that the Justice Department could soon file an antitrust suit accusing the concert-ticketing giant of stifling competition.
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  [mwai_chat context=”Let’s have a discussion about this article:nnShares of Ticketmaster parent Live Nation Entertainment fell after hours on Monday following a report that the Justice Department could soon file a
  
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• Fund managers are giving up on bonds in a way they haven’t in 20 years

  16-04-2024 16:44 via rocketnews.com
  Fund-manager allocations to bonds dropped by the most in more than 20 years as they become more optimistic on growth while becoming less convinced the Fed will succeed in fighting inflations, a survey published Tuesday showed.
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  [mwai_chat context=”Let’s have a discussion about this article:nnFund-manager allocations to bonds dropped by the most in more than 20 years as they become more optimistic on growth while becoming less convinced
  
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• IMF projects sharply stronger growth for U.S. in 2024

  16-04-2024 15:00 via rocketnews.com
  The outlook for the global economy is for continued solid growth and declining inflation, bolstered by stronger-than-expected growth in the United States, the International Monetary Fund said Tuesday.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe outlook for the global economy is for continued solid growth and declining inflation, bolstered by stronger-than-expected growth in the United States, the International
  
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• Stock-market pullbacks are price of admission. Historically, markets rise afterwards, this strategist says.

  16-04-2024 14:41 via rocketnews.com
  Keith Lerner, chief market strategist at Truist Advisory Services, said it’s normal for markets to pull back — only three years out of the last 40 was there not a pullback of more than 5%.
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  [mwai_chat context=”Let’s have a discussion about this article:nnKeith Lerner, chief market strategist at Truist Advisory Services, said it’s normal for markets to pull back — only three years out of the last 40 was there not
  
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• Gold price skyrockets. Forecast as of 16.04.2024

  16-04-2024 11:21 via litefinance.org
  
  One of the most well-known investment edicts is "Do not fight the Fed." In 2024, gold refrains from following this principle. The precious metal disregards US inflation and monetary policy, continuing to grow steadily. Let's discuss it and make a trading plan.Monthly fundamental forecast for goldIn 2024, the intermarket analysis became inefficient. In the first quarter, investors wondered how the S&P 500 index, seen as a global risk appetite barometer, and a safe-haven asset like t
  
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• Dr. Martens shares lose a third of their value on U.S. warning

  16-04-2024 11:11 via rocketnews.com
  Shares of iconic shoe brand Dr. Martens fell as much as 32% on Tuesday as the company’s U.S. business is going so badly it needs to extend paying for additional storage space as it announced its chief executive will leave.
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  [mwai_chat context=”Let’s have a discussion about this article:nnShares of iconic shoe brand Dr. Martens fell as much as 32% on Tuesday as the company’s U.S. business is going so badly it needs to extend
  
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• Short-term analysis for oil, gold, and EURUSD for 16.04.2024

  16-04-2024 09:39 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.Gold corrected to the resisance area 2401 - 2371.Oil price forecast for today: USCrude analysisYesterday, oil attempted to break through support (A) 84.36 - 84.09. However, the price remained above this area. The short-term uptrend remains. Today, the uptrend
  
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• U.K. sees biggest jobless rise since the pandemic

  16-04-2024 08:48 via rocketnews.com
  The U.K. saw the biggest jump in unemployment since the pandemic, according to data released Tuesday that reinforces the likelihood the Bank of England will soon lower interest rates.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe U.K. saw the biggest jump in unemployment since the pandemic, according to data released Tuesday that reinforces the likelihood the Bank of England will soon lower interest rates.nnDisc
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 16.04.2024

  16-04-2024 08:42 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 sideways correction (4) as a flat  A-B-C. Wave A has finished as a zigzag and wave B has completed as a triple zigzag. The final wave C is developing as a bearish impulse, with sub-wave [5] developing inside. The Bitcoin price could reach th
  
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• Dollar is on the force side. Forecast as of 16.04.2024

  16-04-2024 08:32 via litefinance.org
  
  If Israel does not respond to Iranian airstrikes, it will be seen as weak. If retaliation takes place, the EURUSD risks falling even deeper. Moreover, the US economy is thriving. Let's talk about these topics and draw up a trading plan.Weekly US dollar fundamental forecastYou can't stop consumers when they're employed, and wage growth is near multi-year highs. An explosion in US retail sales rocked bond and currency markets, sending the USD index soaring to five-month highs. The stronger consume
  
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