Analyst news

• What next for Norfolk Southern after split decision in board battle with Ancora?

  13-05-2024 22:23 via rocketnews.com
  Activist investor Ancora Holdings Group’s attempt to gain control of Norfolk Southern Corp.’s board resulted in three of its seven nominees gaining seats on the 13-member board at the railroad operator’s annual shareholder meeting Thursday.
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  [mwai_chat context=”Let’s have a discussion about this article:nnActivist investor Ancora Holdings Group’s attempt to gain control of Norfolk Southern Corp.’s board re
  
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• The economy could be heading toward 1970s-style stagflation. What it means for the stock market.

  13-05-2024 20:17 via rocketnews.com
  The U.S. economy could be barreling toward 1970s-style stagflation amid a cooling economy and sticky inflation — and it could end up sparking a double-digit plunge in stocks, according to Sevens Report Research.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe U.S. economy could be barreling toward 1970s-style stagflation amid a cooling economy and sticky inflation — and it could end up sparking a
  
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• Kraft Heinz exploring sale of Oscar Mayer brand that could be worth up to $5 billion: Wall Street Journal

  13-05-2024 19:46 via rocketnews.com
  Kraft Heinz Co. has hired financial advisers to help explore a possible sale of its Oscar Mayer unit, which makes hot dogs, cold cuts and bacon, the Wall Street Journal reported Monday, citing people familiar with the matter.
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  [mwai_chat context=”Let’s have a discussion about this article:nnKraft Heinz Co. has hired financial advisers to help explore a possible sale of its Oscar Mayer unit, which makes hot dogs, cold cuts and bacon, th
  
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• Here’s what we know about Biden’s tariffs on Chinese EVs, solar products and more

  13-05-2024 19:24 via rocketnews.com
  President Joe Biden on Tuesday is widely expected to roll out new tariffs targeting Chinese electric vehicles and other products, with the move coming as he faces a tight White House race against former President Donald Trump, who was known for his trade fights with Beijing.
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  [mwai_chat context=”Let’s have a discussion about this article:nnPresident Joe Biden on Tuesday is widely expected to roll out new tariffs targeting Chinese elect
  
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• Nio, Alibaba shares jump as China breakout rally looks set to continue: analyst

  13-05-2024 17:45 via rocketnews.com
  U.S.-listed shares of China-based companies were enjoying a broad rally Monday, and J.P. Morgan said their run-up since the start of the year could continue over the next several months despite all the apparent headwinds.
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  [mwai_chat context=”Let’s have a discussion about this article:nnU.S.-listed shares of China-based companies were enjoying a broad rally Monday, and J.P. Morgan said their run-up since the start of the year could con
  
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• Why Wednesday’s CPI report is taking on outsize importance in the financial market

  13-05-2024 17:26 via rocketnews.com
  Traders, investors and Federal Reserve policy makers alike are often loath to put too much emphasis on any single piece of data, but Wednesday’s consumer-price index for April may be a bit different.
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  [mwai_chat context=”Let’s have a discussion about this article:nnTraders, investors and Federal Reserve policy makers alike are often loath to put too much emphasis on any single piece of data, but Wednesday’s consumer-price i
  
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• Nvidia’s stock can soar 50% more as earnings power still isn’t priced in: HSBC

  13-05-2024 14:30 via rocketnews.com
  Nvidia’s stock was on track to rise Monday, as HSBC analyst Frank Lee said despite its continued big rally this year, investors are still significantly underestimating the artificial intelligence plays earnings potential.
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  [mwai_chat context=”Let’s have a discussion about this article:nnNvidia’s stock was on track to rise Monday, as HSBC analyst Frank Lee said despite its continued big rally this year, investors are still s
  
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• Squarespace’s stock soars after $6.9 billion buyout deal with Permira

  13-05-2024 13:45 via rocketnews.com
  Squarespace’s stock shot higher Monday after the online brand-building platform for businesses agreed to be acquired by private-equity firm Permira in a cash deal valued at $6.9 billion.
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  [mwai_chat context=”Let’s have a discussion about this article:nnSquarespace’s stock shot higher Monday after the online brand-building platform for businesses agreed to be acquired by private-equity firm Permira in a cash deal valued at $
  
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• Stellar (XLM) Price Prediction for 2024, 2025-2026 and Beyond

  13-05-2024 13:30 via litefinance.org
  
  Stellar is a blockchain network focused on cross-border payments and remittances. Its native token, Lumens (XLM), facilitates transactions.Are Stellar Lumens prices expected to rise? Expert predictions are mixed in the short term but mostly positive in the long term. By 2030, many experts forecast over 100% upside from current levels. Though short-term volatility poses risks, expanding utility and adoption could propel significant long-term gains. The following article analyzes the factors drivi
  
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• BoJ tries new tools. Forecast as of 13.05.2024

  13-05-2024 12:02 via litefinance.org
  
  Regrettably, the Japanese government and the Bank of Japan have grappled with the unpredictable nature of USDJPY speculators. Despite their efforts, forex interventions have not deterred these speculators. As Tokyo explores new tools, the question remains: Will they be able to counter the bullish trend? Let's delve into this topic and make a trading plan.Weekly fundamental forecast for Japanese yenAll is fair in love and war. When USDJPY plummeted below 152, the government and the
  
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• Client Agreement amended as of 13.05.2024

  13-05-2024 09:54 via litefinance.org
  
  Dear clients,Please be aware that new amendments to the Client Agreement will enter into force on 20.05.2024.Clauses 1.7, 1.7.1, 1.7.3, 1.7.4, 3.10, 3.18, 3.21, 3.22, 3.27, 6.12, 6.23 have been amended.Clauses 1.8, 1.8.1, 1.8.2, 1.8.3, 3.18.1, 7.3.1, 7.3.2 have been added.Clauses 3.32, 6.39, 7.4 have been removed.To get acquainted with the new version of the Client Agreement, please use this link.Read more
  
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• USD: last hope. Forecast as of 13.05.2024

  13-05-2024 09:08 via litefinance.org
  
  The cooling of US GDP contributes to the transition of the global economy from American exceptionalism to synchronized growth. As a result, EURUSD bears seriously weakened. Only inflation can help them. Let's discuss this topic and make up a trading plan for EURUSD.Weekly US dollar fundamental forecastIn order for the factor of American exceptionalism to cease its effect, it's not enough for the US economy to slow down. It's necessary for the inflation downtrend to resume as well. In this regard
  
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• Short-term analysis for oil, gold, and EURUSD for 13.05.2024

  13-05-2024 09:08 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.Gold's short-term trend turned bullish last week.Oil price forecast for today: USCrude analysisLast week, oil continued its short-term downtrend. The downside target is the May 8 low. If the price breaches this low, it will likely attempt to break the Target
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 13.05.2024

  13-05-2024 09:04 via litefinance.org
  
  Dear readers,I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.Elliott Wave analysis for BitcoinBitcoin continues to form a complex correction [4], consisting of sub-waves (W)-(X)-(Y)-(XX)-(Z). The first three parts have been completed. The second linking wave (XX) is currently unfolding as a standard zigzag A-B-C. The final actionary wave [Y] of correction B continues to develop. The price may fall to the level of 58785.00, at which wave B
  
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• Why the global platinum is headed for a second straight yearly deficit

  13-05-2024 07:01 via rocketnews.com
  Global platinum supply will fall short of demand for a second straight year, with the World Platinum Investment Council forecasting a near-record deficit for 2024 because of weak growth in supplies and a climb in first quarter automotive demand to the highest in seven year.
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  [mwai_chat context=”Let’s have a discussion about this article:nnGlobal platinum supply will fall short of demand for a second straight year, with the World Platin
  
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