Analyst news

• Tuatara Capital to run Cannabis NYC Loan Fund to fuel social-equity program

  18-06-2024 22:25 via rocketnews.com
  A private-equity firm led by Wall Street veterans that has backed Willie Nelson’s pot brand Willie’s Reserve as well as multi-state operator Verano has been tapped to manage New York City’s new Cannabis NYC Loan Fund.
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  [mwai_chat context=”Let’s have a discussion about this article:nnA private-equity firm led by Wall Street veterans that has backed Willie Nelson’s pot brand Willie’s Reserve as well as multi
  
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• Treasury yields slide after retail-sales data disappoint

  18-06-2024 22:23 via rocketnews.com
  Treasury yields retreated on Tuesday as bond traders digested another disappointing retail-sales report and other economic data, as well as comments by Federal Reserve officials ahead of the Juneteenth holiday.
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  [mwai_chat context=”Let’s have a discussion about this article:nnTreasury yields retreated on Tuesday as bond traders digested another disappointing retail-sales report and other economic data, as well as comments by Federal Re
  
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• Amazon hit with $5.9 million fine as California says it failed to disclose quotas to workers

  18-06-2024 22:13 via rocketnews.com
  Amazon has been fined $5.9 million by a California labor agency accusing the online retailer of failing to sufficiently disclose productivity quotas to employees at two warehouses in the state, in violation of a law intended to prevent worker injuries.
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  [mwai_chat context=”Let’s have a discussion about this article:nnAmazon has been fined $5.9 million by a California labor agency accusing the online retailer of failing to sufficiently
  
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• CBO raises U.S. budget-deficit forecast to close to $2 trillion

  18-06-2024 21:58 via rocketnews.com
  The U.S. budget deficit is projected to hit $1.92 trillion this year, up from $1.69 trillion in 2023, according to updated projections from the Congressional Budget Office released Tuesday.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe U.S. budget deficit is projected to hit $1.92 trillion this year, up from $1.69 trillion in 2023, according to updated projections from the Congressional Budget Office released Tu
  
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• Why the immigration surge under Biden is saving taxpayers money

  18-06-2024 20:46 via rocketnews.com
  A wave of illegal border crossings in recent years has sparked heated debate over U.S. immigration policy, but official estimates suggest the surge in migration over the U.S.-Mexico has done wonders for the federal budget outlook.
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  [mwai_chat context=”Let’s have a discussion about this article:nnA wave of illegal border crossings in recent years has sparked heated debate over U.S. immigration policy, but official estimates suggest the
  
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• Bitcoin falls below key support level, with crypto ‘whales’ slow to buy

  18-06-2024 20:33 via rocketnews.com
  Bitcoin has fallen below its 50-day average of around $65,800, an important support level, signaling a potential correction of 8% to 12%, according to analysts at CryptoQuant. The coin may decline toward $60,000, the analysts noted.
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  [mwai_chat context=”Let’s have a discussion about this article:nnBitcoin has fallen below its 50-day average of around $65,800, an important support level, signaling a potential correction of 8% to 12%, ac
  
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• Vanguard, the low-cost investing pioneer, will now charge $100 to close an account — unless you’re a multimillionaire

  18-06-2024 20:19 via rocketnews.com
  The account-closure fee is a first for Vanguard, long a provider of low-cost investing options and a pioneer in passively managed index funds, and it’s not sitting well with some customers.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe account-closure fee is a first for Vanguard, long a provider of low-cost investing options and a pioneer in passively managed index funds, and it’s not sitting well wi
  
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• Citi to get lower grade for its living will from the FDIC: WSJ

  18-06-2024 14:52 via rocketnews.com
  Citigroup Inc. is about to be dinged with a lower grade from the Federal Deposit Insurance Corp. over how it handles and manages its data and risks as part of its required living-will document, The Wall Street Journal reported Tuesday.
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  [mwai_chat context=”Let’s have a discussion about this article:nnCitigroup Inc. is about to be dinged with a lower grade from the Federal Deposit Insurance Corp. over how it handles and manages its data
  
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• JPMorgan Stock Price Forecast for 2024, 2025, 2026–2030 and Beyond

  18-06-2024 13:30 via litefinance.org
  
  JPMorgan Chase & Co., with its impressive $2.6 trillion in assets and global operations, stands as a testament to enduring financial leadership and innovation. With a legacy stretching back to 1799, this financial behemoth has navigated through periods of economic prosperity and downturns alike, solidifying its stock as a reflection of resilience and stability in the financial sector.This article will delve into the JPMorgan stock price forecast, analyzing the myriad factors, from economic i
  
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• Silver may start short-lived correction. Forecast as of 18.06.2024

  18-06-2024 11:30 via litefinance.org
  
  Despite the pullback, silver remains confident. Slowing US inflation, strong demand in Asia, and rapid growth in industrial use can only excite XAGUSD bulls. Let's discuss these aspects and make a trading plan.Monthly fundamental forecast for silverA double whammy from Asia and North America pushed silver down from 11-year highs. Impressive US job growth in May spooked XAGUSD bulls with the possibility of the federal funds rate remaining at 5.5% for longer, and the People's Bank of China's halt
  
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• Troubled EV maker Fisker files for bankruptcy protection

  18-06-2024 09:52 via rocketnews.com
  The electric vehicle maker Fisker on Tuesday said it filed for bankruptcy protection, a step that came as little surprise after recently defaulting on a bond payment and halting manufacturing.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe electric vehicle maker Fisker on Tuesday said it filed for bankruptcy protection, a step that came as little surprise after recently defaulting on a bond payment and halting ma
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 18.06.2024

  18-06-2024 09:06 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 forming the final part of an upward impulse – wave [5]. The first subwave (1) may have formed as an impulse recently. Correction (2) is currently unfolding, presumably as a zigzag A-B-C. Impulse wave A is completed, and the price is growing in correction B, which may equal 61.8% of subwave A. Thus, the price may rise t
  
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• Short-term analysis for oil, gold, and EURUSD for 18.06.2024

  18-06-2024 08:48 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 euro was correcting yesterday.Oil price forecast for today: USCrude analysisOil continues to trade in a short-term uptrend. Yesterday, the quotes exceeded the June 12 high. Today, the price is slightly declining. If the asset reaches the support (A) 76.92
  
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• Franc will flip a coin. Forecast as of 18.06.2024

  18-06-2024 08:42 via litefinance.org
  
  Monetary easing in Switzerland can stop the USDCHF bears, but will the National Bank cut rates at the June 20 meeting? Let’s discuss it and make a trading plan.Weekly fundamental forecast for francHeads or tails? Investors might as well toss a coin to understand if the Swiss National Bank will cut rates at the June 20 meeting or keep them unchanged at 1.5%. After the start of March's policy easing, the franc turned from the best G10 performer in 2023 into an outsider. However, uncertainty
  
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