Analyst news

• Stocks on the road (again) to record highs, says UBS

  10-06-2024 23:03 via rocketnews.com
  The S&P 500 scored its 26th record close of 2024 while the Nasdaq posted its 14th ahead of the Federal Reserve’s policy meeting and new inflation data due out this week.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe S&P 500 scored its 26th record close of 2024 while the Nasdaq posted its 14th ahead of the Federal Reserve’s policy meeting and new inflation data due out this week.nnDiscussion:n
  
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• Eli Lilly’s Alzheimer’s drug gets backing from FDA advisers

  10-06-2024 22:37 via rocketnews.com
  Eli Lilly’s experimental Alzheimer’s drug donanemab on Monday moved a step closer to U.S. regulatory approval as it won support from an independent panel of advisers to the Food and Drug Administration.
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  [mwai_chat context=”Let’s have a discussion about this article:nnEli Lilly’s experimental Alzheimer’s drug donanemab on Monday moved a step closer to U.S. regulatory approval as it won support from an independen
  
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• Monster’s co-CEOs sold a chunk of their company’s stock — but wanted to sell a lot more

  10-06-2024 20:21 via rocketnews.com
  Monster Beverage Corp. said Monday that it has completed its tender offer to buy back $3 billion worth of its shares, including about $24 million worth of shares that were owned by co-Chief Executives Rodney Sacks and Hilton Schlosberg.
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  [mwai_chat context=”Let’s have a discussion about this article:nnMonster Beverage Corp. said Monday that it has completed its tender offer to buy back $3 billion worth of its shares, including about $2
  
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• Yet another offer could emerge for Paramount’s controlling company, WSJ reports

  10-06-2024 19:17 via rocketnews.com
  As media and entertainment giant Paramount Global lurches toward a possible sale, yet another offer could be in the works — this one from onetime media executive Edgar Bronfman Jr., with the backing of private equity firm Bain Capital.
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  [mwai_chat context=”Let’s have a discussion about this article:nnAs media and entertainment giant Paramount Global lurches toward a possible sale, yet another offer could be in the works &mda
  
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• Diamond Offshore’s stock gets a big boost from Noble’s $1.6 billion buyout bid

  10-06-2024 16:43 via rocketnews.com
  Offshore drilling contractor Noble Corp. on Monday said it will acquire rival Diamond Offshore Drilling in a cash and stock deal with an implied value of $15.52 per share.
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  [mwai_chat context=”Let’s have a discussion about this article:nnOffshore drilling contractor Noble Corp. on Monday said it will acquire rival Diamond Offshore Drilling in a cash and stock deal with an implied value of $15.52 per share.nnDiscussion:nn” ai_name
  
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• Oil prices nudge higher after third straight weekly loss

  10-06-2024 16:34 via rocketnews.com
  Oil futures saw tiny gains early Monday, attempting to find a footing after an OPEC+ decision to begin unwinding some voluntary production cuts later this year helped crude post a third straight weekly decline.
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  [mwai_chat context=”Let’s have a discussion about this article:nnOil futures saw tiny gains early Monday, attempting to find a footing after an OPEC+ decision to begin unwinding some voluntary production cuts later this year he
  
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• Driller Noble to buy Diamond Offshore for $1.6 billion

  10-06-2024 13:42 via rocketnews.com
  Offshore drilling contractor Noble Corp. on Monday said it will acquire rival Diamond Offshore Drilling in a cash and stock deal with an implied value of $15.52 per share.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnOffshore drilling contractor Noble Corp. on Monday said it will acquire rival Diamond Offshore Drilling in a cash and stock deal with an implied value of $15.52 per share.nnDiscussion:nn” ai_name
  
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• Southwest Airlines’ stock surges after report of activist Elliott’s large stake

  10-06-2024 13:28 via rocketnews.com
  Southwest Airlines’ stock surged toward their best day in more than two years Monday, after The Wall Street Journal reported activist investor Elliott Investment Management has amassed a near $2 billion stake in the airline.
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  [mwai_chat context=”Let’s have a discussion about this article:nnSouthwest Airlines’ stock surged toward their best day in more than two years Monday, after The Wall Street Journal reported activist in
  
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• USDJPY bears still asleep. Forecast as of 10.06.2024

  10-06-2024 12:42 via litefinance.org
  
  Neither expectations of a reduction in quantitative easing (QE) nor rising Japanese bond yields are helping USDJPY bears. Their rivals are encouraged by the fact that the US economy is still strong and the rate differential remains wide. Let's talk about this topic and make a trading plan.Weekly fundamental forecast for Japanese yenDo not believe the words; believe the deeds. The Japanese yen is doing just the opposite. Neither a rise in wages at the fastest pace since 1994, nor a rise in govern
  
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• Johnson & Johnson Stock Forecast & Price Predictions for 2024, 2025–2026 and Beyond

  10-06-2024 11:20 via litefinance.org
  
  Johnson & Johnson, a titan in the global healthcare industry, not only demonstrated its robust financial health with a 7.3% sales increase to $21.40 billion in the last quarter of 2023 but also reflected this strength in its stock performance. The company, known for its resilience and growth, reported a substantial net income of $4.13 billion, or $1.70 per share, making its stock a bellwether for the broader health sector and a reliable indicator for investors.This article will provide an in
  
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• Lucky Ticket Draw for Myanmar Traders Launched

  10-06-2024 10:08 via litefinance.org
  
  Dear clients,We are pleased to announce we have launched our traditional Lucky Ticket draw exclusively for our Myanmar clients. The prize fund of the contest is 12,000,000 MMK.The drawing will be held on November 29, 2024, and we will raffle off five prizes:At 13:30 the winner of the HUAWEI MatePad 11.5'' tablet will be determined; At 14:30 we will award the smartphone SAMSUNG Galaxy A55 5G; At 15:30 we will find out the name of the HP 15s-fq5072TU laptop owner; At 16:30 we will draw an iPhone 1
  
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• Short-term analysis for oil, gold, and EURUSD for 10.06.2024

  10-06-2024 09:12 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 has reached all of its bearish targets within a short-term downtrend.Oil price forecast for today: USCrude analysisOil price corrected to the resistance area (A) 75.74 - 75.44 within the short-term bearish trend. Bears have managed to keep the price belo
  
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• Double blow for the euro. Forecast as of 10.06.2024

  10-06-2024 09:05 via litefinance.org
  
  Misfortune never comes alone. A surprisingly strong US jobs report was the beginning of the end for the EURUSD. Calling a snap election in France added fuel to the fire. Let’s discuss that and make a trading plan.Weekly fundamental forecast for euroIt all started with the economy, but ultimately, politics destroyed the euro. May's unexpectedly strong US labor market report was a real bolt from the blue for the EURUSD. The rise in employment by 272 thousand, the unemployment remaining at 4%
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 10.06.2024

  10-06-2024 08:56 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] is forming in BTCUSD's chart. Its subwaves [1]-[2]-[3]-[4] are fully completed. The first subwave (1) may be forming as part of wave [5]. Apparently, correction 4 has recently been completed as part of impulse (1), and the price is now growing in subwave 5, probably to a previous high of 71940.00.Tr
  
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• Japan’s economy shrinks about in line with first-quarter estimates

  10-06-2024 02:57 via rocketnews.com
  The Japanese economy shrank at almost the same pace as initially estimated in the January-March quarter due to sluggish spending by households and companies, revised government data showed Monday.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe Japanese economy shrank at almost the same pace as initially estimated in the January-March quarter due to sluggish spending by households and companies, revised government
  
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