Analyst news

• The feds may crack down on credit-card rewards programs. Here’s what that means for your points and miles.

  09-05-2024 23:57 via rocketnews.com
  The Department of Transportation and the Consumer Financial Protection Bureau are exploring possible regulation of the credit-card rewards system and the frequent-flier programs linked to them, officials said at a joint hearing held by the DOT and CFPB on Thursday.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe Department of Transportation and the Consumer Financial Protection Bureau are exploring possible regula
  
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• Global stocks are no longer a monolith. Why India and Japan ETFs are drawing investors into single-country funds in 2024.

  09-05-2024 22:52 via rocketnews.com
  U.S. investors are snapping up ETFs with a single country focus in 2024, dumping multinational funds and bypassing China’s market in favor of other emerging nations with stronger growth prospects.
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  [mwai_chat context=”Let’s have a discussion about this article:nnU.S. investors are snapping up ETFs with a single country focus in 2024, dumping multinational funds and bypassing China’s market in favor of other emerging nations
  
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• Dropbox’s results get a break from investors after big selloff in February

  09-05-2024 22:45 via rocketnews.com
  After taking a big hit during its last round of earnings, shares of Dropbox Inc. rose on Thursday after the online-storage platform reported first-quarter results that topped Wall Street’s estimates.
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  [mwai_chat context=”Let’s have a discussion about this article:nnAfter taking a big hit during its last round of earnings, shares of Dropbox Inc. rose on Thursday after the online-storage platform reported first-quarter results that
  
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• Papa John’s sold more pizza, but people pulled back on sides and drinks

  09-05-2024 20:35 via rocketnews.com
  Papa John’s stock sank toward a four-year low Thursday, after the pizza chain reported the biggest quarterly revenue miss in more than five years, amid a decline in the number of transactions and deliveries.
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  [mwai_chat context=”Let’s have a discussion about this article:nnPapa John’s stock sank toward a four-year low Thursday, after the pizza chain reported the biggest quarterly revenue miss in more than five years, amid a
  
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• Planet Fitness’ stock rallies after company unveils first price hike in 30 years

  09-05-2024 20:07 via rocketnews.com
  Planet Fitness Inc.’s stock reversed early losses to trade up 8% Thursday, as investors looked past a revenue shortfall and lowered guidance to focus on a price hike and other positives from the earnings call.
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  [mwai_chat context=”Let’s have a discussion about this article:nnPlanet Fitness Inc.’s stock reversed early losses to trade up 8% Thursday, as investors looked past a revenue shortfall and lowered guidance to focus o
  
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• Six Flags’ stock soars as investors look past theme-park operator’s loss to focus on strong start to season

  09-05-2024 17:56 via rocketnews.com
  Six Flags Entertainment Corp.’s stock reversed early losses to trade up 6% Thursday as investors looked past a wider-than-expected first-quarter loss and revenue shortfall to focus on a positive setup for the summer season.
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  [mwai_chat context=”Let’s have a discussion about this article:nnSix Flags Entertainment Corp.’s stock reversed early losses to trade up 6% Thursday as investors looked past a wider-than-expected first-
  
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• Cronos’s stock leaps as strong cannabis-flower sales lead to record revenue

  09-05-2024 17:35 via rocketnews.com
  Shares of Cronos Group Inc. traded sharply higher Thursday after the cannabis company, citing strength in flower sales, reported first-quarter revenue that rose to a record and beat expectations.
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  [mwai_chat context=”Let’s have a discussion about this article:nnShares of Cronos Group Inc. traded sharply higher Thursday after the cannabis company, citing strength in flower sales, reported first-quarter revenue that rose to a record and
  
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• Economic calendar for the week 13.05.2024 – 19.05.2024

  09-05-2024 13:00 via litefinance.org
  
  Despite the correction observed at the beginning of the month, the dollar has maintained positive dynamics and largely kept its position on the foreign exchange market. As some Fed officials have stated, if consumer inflation in the United States stabilizes above the target of 2.0% or continues to grow significantly, the leaders of the US Central Bank are ready to tighten monetary policy again.At the same time, the US economy demonstrates much better growth rates and stability than other key eco
  
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• GBP fate depends on BoE. Forecast as of 09.05.2024

  09-05-2024 11:59 via litefinance.org
  
  The fact that the UK is also part of Europe, and European central banks cut rates without waiting for the Fed’s decisions, puts pressure on GBPUSD. Investors are waiting for tips from BoE officials. Let's discuss the Forex outlook and make up a trading plan.Daily Pound fundamental forecastDespite the rise of GBPUSD above 1.26 after the release of a weak US jobs report, selling the pair on growth turned out to be a very effective strategy. Many are getting rid of the pound on rumors that th
  
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• Junior bankers crumble under 90-hour weeks prompting fresh pushback

  09-05-2024 11:33 via rocketnews.com
  Investment banks are working their juniors as hard as ever, forcing many into working weeks that stretch beyond 90 hours. This is prompting a fresh pushback from analysts and associates to overhaul work-life balance in the sector, according to conversations with bankers and research by Financial News.
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  [mwai_chat context=”Let’s have a discussion about this article:nnInvestment banks are working their juniors as hard as ever, forci
  
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• Euro is wise enough. Forecast as of 09.05.2024

  09-05-2024 09:25 via litefinance.org
  
  A pack of central banks decided to get ahead of their leader, with the fourth European regulator cutting rates before the Fed. The risks of European currencies' weakening are growing, and the euro is no exception. Let’s discuss it and make a trading plan for EURUSD.Weekly fundamental forecast for euroAn insignificant event can often lead to global shocks. This effect is called the "butterfly effect," and the Riksbank has become that butterfly for financial markets. It cut its main interest
  
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• Short-term analysis for oil, gold, and EURUSD for 09.05.2024

  09-05-2024 08:37 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 gold price is again approaching resistance (A).Oil price forecast for today: USCrude analysisYesterday, the price reached the Target Zone 77.11 - 76.12. The zone was held by buyers. As a result, an upward correction began. A possible correction targe
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 09.05.2024

  09-05-2024 08:21 via litefinance.org
  
  Dear readers,I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.The Bitcoin and Ethereum markets are ready to reverse. The price may rise to its previous maximums in the coming days.Elliott Wave analysis for BitcoinBitcoin's price continues forming a complex correction [4], made of subwaves (W)-(X)-(Y)-(XX)-(Z). The first three parts are completed. The second linking wave (XX) is currently unfolding and may form as a regular zigzag A-B-C
  
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• BOJ’s policy board becoming more concerned about effects of a weaker yen

  09-05-2024 02:57 via rocketnews.com
  The Bank of Japan’s policy board is becoming more concerned about upside risks to its inflation outlook amid the yen’s sharp weakening which leads to higher import prices, according to a summary of opinions from its latest April meeting released Thursday.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe Bank of Japan’s policy board is becoming more concerned about upside risks to its inflation out
  
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• Duolingo’s longer-term forecast gets brighter, but short-term outlook disappoints

  09-05-2024 02:41 via rocketnews.com
  Duolingo Inc. on Wednesday said it saw a jump in demand in the first quarter, but investors appeared more concerned about the second, even as the language-learning app offered up more optimism further out.
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  [mwai_chat context=”Let’s have a discussion about this article:nnDuolingo Inc. on Wednesday said it saw a jump in demand in the first quarter, but investors appeared more concerned about the second, even as the language-learning app
  
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