Analyst news

• Gap’s stock jumps 20% as the retailer swings to profit and raises guidance

  30-05-2024 23:35 via rocketnews.com
  Gap Inc. shares rallied in the extended session Thursday after the retailer reported first-quarter earnings and sales well above investors’ expectations, raised its guidance for the year and pared down its inventory.
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  [mwai_chat context=”Let’s have a discussion about this article:nnGap Inc. shares rallied in the extended session Thursday after the retailer reported first-quarter earnings and sales well above investors’ expe
  
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• Even with guilty verdict, Trump unlikely to be put behind bars before November’s election

  30-05-2024 23:30 via rocketnews.com
  Even after being found guilty of trying to cover up hush-money payments to make stories of affairs go away, Donald Trump may well remain a free man until long past November’s election.
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  [mwai_chat context=”Let’s have a discussion about this article:nnEven after being found guilty of trying to cover up hush-money payments to make stories of affairs go away, Donald Trump may well remain a free man until long past November’s e
  
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• Costco beats profit and sales forecasts, but stock pulls back from record highs

  30-05-2024 23:29 via rocketnews.com
  Costco Wholesale Corp. reported fiscal third-quarter profit, revenue and same-store sales that all beat Wall Street forecasts, but shares of the membership-based warehouse retailer pulled back from a record high.
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  [mwai_chat context=”Let’s have a discussion about this article:nnCostco Wholesale Corp. reported fiscal third-quarter profit, revenue and same-store sales that all beat Wall Street forecasts, but shares of the membership-base
  
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• UnitedHealth’s ‘negligent’ cybersecurity needs FTC, SEC scrutiny, Wyden says

  30-05-2024 20:55 via rocketnews.com
  Senate Finance Committee chair Ron Wyden on Thursday called on the Federal Trade Commission and Securities and Exchange Commission to investigate UnitedHealth Group’s “negligent cybersecurity practices” in light of the cyberattack on the company’s Change Healthcare unit.
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  [mwai_chat context=”Let’s have a discussion about this article:nnSenate Finance Committee chair Ron Wyden on Thursday called on the Federal Tr
  
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• New U.S. bird-flu case is first with respiratory symptoms, CDC says

  30-05-2024 20:52 via rocketnews.com
  A new human bird-flu case identified in a Michigan dairy worker is the first in the U.S. to involve acute respiratory symptoms, the Centers for Disease Control and Prevention said Thursday.
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  [mwai_chat context=”Let’s have a discussion about this article:nnA new human bird-flu case identified in a Michigan dairy worker is the first in the U.S. to involve acute respiratory symptoms, the Centers for Disease Control and Prevention said Thu
  
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• Foot Locker’s stock having best day in nearly 2 years after a big profit beat

  30-05-2024 20:17 via rocketnews.com
  Foot Locker’s stock was headed sharply higher Thursday, after the athletic shoe and accessories retailer reported fiscal first-quarter profit that beat expectations by a wide margin, while sales fell a bit short.
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  [mwai_chat context=”Let’s have a discussion about this article:nnFoot Locker’s stock was headed sharply higher Thursday, after the athletic shoe and accessories retailer reported fiscal first-quarter profit that b
  
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• McDonald’s is mad about $18 Big Mac meal complaints and these other ‘myths’

  30-05-2024 17:58 via rocketnews.com
  All those stories about how expensive Big Mac burgers are now have made McDonald’s Corp. very mad, and the fast food giant isn’t going to take it anymore.
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  [mwai_chat context=”Let’s have a discussion about this article:nnAll those stories about how expensive Big Mac burgers are now have made McDonald’s Corp. very mad, and the fast food giant isn’t going to take it anymore.nnDiscussion:nn” ai_name=”Ro
  
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• USD CHF Forecast for 2024, 2025, 2026-2030 and Beyond

  30-05-2024 16:49 via litefinance.org
  
  The USD/CHF pair presents a complex landscape of fluctuating trends and technical indicators. With mixed sentiments from different analyses, the pair's future seems to tread on a volatile path. Short-term bearish tendencies clash with long-term bullish predictions, painting a picture of uncertainty yet opportunity in the forex market. As analysts debate technical patterns and future projections, traders should prepare for a dynamic journey. Dive into our comprehensive guide that promises to
  
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• U.S. April trade gap in goods widens to largest deficit in almost two years

  30-05-2024 14:43 via rocketnews.com
  The U.S. trade deficit in goods widened 7.7% to $99.4 billion in April, according to the Commerce Department’s advanced estimate released Thursday. That’s the widest deficit since June 2022.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe U.S. trade deficit in goods widened 7.7% to $99.4 billion in April, according to the Commerce Department’s advanced estimate released Thursday. That’s the
  
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• Hormel beats profit estimates again, but misses on sales

  30-05-2024 14:41 via rocketnews.com
  Hormel Foods, the parent of food brands including Skippy, Spam, Dinty Moore and La Victoria, beat fiscal second-quarter earnings expectations and raised its full-year outlook as profit margins improved, but fell short on sales.
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  [mwai_chat context=”Let’s have a discussion about this article:nnHormel Foods, the parent of food brands including Skippy, Spam, Dinty Moore and La Victoria, beat fiscal second-quarter earnings expectations and
  
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• GDP shows U.S. economy grew just 1.3% in the first quarter as consumer spending slowed

  30-05-2024 14:38 via rocketnews.com
  The U.S. economy grew at a slower 1.3% annual pace in the first three months of the year, revised government figures show, largely because of softer consumer spending.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe U.S. economy grew at a slower 1.3% annual pace in the first three months of the year, revised government figures show, largely because of softer consumer spending.nnDiscussion:nn” ai_name=”
  
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• Mexican peso at risk with US elections ahead. Forecast as of 30.05.2024

  30-05-2024 12:30 via litefinance.org
  
  Mexico has benefited most from the US-China trade wars by attracting production facilities from Asia. However, all good things come to an end at some point. The USDMXN downtrend is no exception. Let's discuss the forex outlook and make a trading plan for USDMXN.Weekly fundamental Mexican peso forecastUSDMXN is down 53% from its pandemic highs in 2020, but the economy and wages are growing as Chinese manufacturing moves to Latin America amid US protectionist policies. Money transfe
  
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• Anglo American rating downgraded after BHP talks collapse

  30-05-2024 11:37 via rocketnews.com
  Anglo American was downgraded to neutral from buy at UBS, after BHP on Wednesday didn’t launch a formal offer after suggesting it could buy the company for £38.6 billion ($49 billion) if stock.
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  [mwai_chat context=”Let’s have a discussion about this article:nnAnglo American was downgraded to neutral from buy at UBS, after BHP on Wednesday didn’t launch a formal offer after suggesting it could buy the company for &poun
  
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• Auto Trader pretax profit rises, driven by double-digit revenue growth

  30-05-2024 11:20 via rocketnews.com
  Auto Trader Group said pretax profit rose in its fiscal year, driven by double-digit revenue growth across all its segments, and that it remained confident in its prospects for the year ahead.
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  [mwai_chat context=”Let’s have a discussion about this article:nnAuto Trader Group said pretax profit rose in its fiscal year, driven by double-digit revenue growth across all its segments, and that it remained confident in its prospects for the
  
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• Credit Suisse’s last CEO to leave UBS, which also shakes up wealth management unit

  30-05-2024 10:21 via rocketnews.com
  UBS Group said it would reshuffle its executive board, splitting leadership of its key wealth-management division in two and bidding farewell to the last chief of Credit Suisse, the troubled banking rival it took over last year.
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  [mwai_chat context=”Let’s have a discussion about this article:nnUBS Group said it would reshuffle its executive board, splitting leadership of its key wealth-management division in two and bidding farewell to
  
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• Short-term analysis for oil, gold, and EURUSD for 30.05.2024

  30-05-2024 09:19 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 downtrend continues today.Oil price forecast for today: USCrude analysisYesterday, oil tested the key resistance of the short-term downtrend at 80.97 - 80.52 with a margin of error. The price remained below this zone and fell. If the decline
  
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• Tesla (TSLA) Stock Forecast for 2024 and Beyond

  30-05-2024 09:12 via litefinance.org
  
  In the unfolding narrative of 2024, Tesla Inc. (NASDAQ: TSLA) remains a leader in the ever-evolving electric vehicle (EV) sector thanks to its resilient business strategies and innovation. In August 2023, Tesla stock gained 107%, recovering from a severe collapse. TSLA is expected to strengthen further in 2024 with the release of the Cybertruck and Tesla Semi.However, the company faces strong competition from the Chinese carmakers. Tesla's rivals are aggressively cutting prices. New government i
  
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• Euro caught in a perfect storm. Forecast as of 30.05.2024

  30-05-2024 08:58 via litefinance.org
  
  Investors are returning to the idea that ​rates will remain high for longer, which leads to an increase in treasury yields and a fall in US stock indices and the EURUSD. Let’s discuss it and make a trading plan.Weekly fundamental forecast for euroThe current economic cycle is unique, and investors should be prepared for frequent changes in sentiment in the financial markets. The Fed usually raises rates extremely slowly, not to ruin the economy, but quickly lowers them if the economy
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 30.05.2024

  30-05-2024 08:11 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 BitcoinThe impulse made of subwaves [1]-[2]-[3]-[4]-[5] continues forming in Bitcoin's chart. The subwaves [1]-[2]-[3]-[4] have formed for now. The initial part of the final impulse wave [5] is currently unfolding, with the first small subwaves (1)-(2) already formed. The first subwave (1) may be unfolding as part of wave [5]. The price is presumably cor
  
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