Analyst news

• Stock market’s upcoming earnings season may delay ‘overdue’ pullback for S&P 500, says LPL

  02-07-2024 22:33 via rocketnews.com
  The U.S. stock market’s upcoming earnings season should be “solid,” but expectinggrowth estimates over the next couple months to increase for the second half of 2024 seems “a lot to ask,” according to LPL Financial.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnThe U.S. stock market’s upcoming earnings season should be “solid,” but expectinggrowth estimates over the ne
  
  Read more

• Eli Lilly’s Alzheimer’s drug wins FDA approval

  02-07-2024 20:59 via rocketnews.com
  An Eli Lilly & Co. Alzheimer’s drug won Food and Drug Administration approval Tuesday, capping the medication’s bumpy ride through the U.S. regulatory process and adding a second new treatment option for patients in earlier stages of the disease.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnAn Eli Lilly & Co. Alzheimer’s drug won Food and Drug Administration approval Tuesday, capping the m
  
  Read more

• U.S. stocks could rise another 10% by the end of 2024 after a strong first half, history shows

  02-07-2024 17:52 via rocketnews.com
  The U.S. stock market just scored a gangbusters first half of the year. If history is a guide, Wall street could be in for another robust six months, according to Comerica Wealth Management.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnThe U.S. stock market just scored a gangbusters first half of the year. If history is a guide, Wall street could be in for another robust six months, according to Comerica Wealth Man
  
  Read more

• Novo Nordisk, Eli Lilly singled out by Biden, Sanders over drug prices

  02-07-2024 17:44 via rocketnews.com
  Shares of Novo Nordisk and Eli Lilly & Co. dropped early Tuesday after President Joe Biden and Sen. Bernie Sanders took aim at obesity and diabetes drug prices in a USA Today opinion piece.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnShares of Novo Nordisk and Eli Lilly & Co. dropped early Tuesday after President Joe Biden and Sen. Bernie Sanders took aim at obesity and diabetes drug prices in a USA Today
  
  Read more

• Advertisement

• Job openings rebound, showing U.S. labor market is still pretty warm

  02-07-2024 17:08 via rocketnews.com
  The number of job openings in the U.S. rebounded in May after falling to a more than three-year low, indicating there’s still plenty of demand for labor.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnThe number of job openings in the U.S. rebounded in May after falling to a more than three-year low, indicating there’s still plenty of demand for labor.nnDiscussion:nn” ai_name=”RocketNews AI: &
  
  Read more

• Oil prices extend gains on July 4 travel expectations, Hurricane Beryl worries

  02-07-2024 16:56 via rocketnews.com
  Oil futures rose Tuesday, trading at their highest since late April, with gains tied to expectations for heavy travel around the Independence Day holiday and concerns that powerful Hurricane Beryl could later cause disruptions to offshore crude production in the Gulf of Mexico.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnOil futures rose Tuesday, trading at their highest since late April, with gains tied to expect
  
  Read more

• Barry Diller joins the battle for control of Paramount after talks with Skydance are scrapped: Report

  02-07-2024 14:24 via rocketnews.com
  Paramount Global’s stock rose 3.1% early Tuesday, after a report that billionaire Barry Diller’s IAC is exploring a bid for Paramount, after talks between the parent of CBS and Nickelodeon and David Ellison’s Skydance Media fell apart in June.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnParamount Global’s stock rose 3.1% early Tuesday, after a report that billionaire Barry Diller’s IA
  
  Read more

• Tesla’s stock set to snap win streak as investors brace for deliveries data

  02-07-2024 14:21 via rocketnews.com
  Tesla’s stock was headed lower on Tuesday for the first time in over a week, as investors expressed some concern over what the electric-vehicle giant will say about second-quarter deliveries.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnTesla’s stock was headed lower on Tuesday for the first time in over a week, as investors expressed some concern over what the electric-vehicle giant will say about seco
  
  Read more

• Advertisement

• NZDUSD Speculators Trapped. Forecast as of 02.07.2024

  02-07-2024 12:27 via litefinance.org
  
  The lower the NZDUSD quotes fell, the more speculators opened long trades on the New Zealand dollar. However, sooner or later, they will realize where their stance will lead them. Let's discuss this topic and make a trading plan.Weekly New Zealand dollar fundamental forecastExaggerated expectations often turn into lost illusions. In June, the Reserve Bank of New Zealand's hawkish rhetoric allowed traders to forecast that the local cash rate would remain unchanged longer than the rates of other c
  
  Read more

• LiteFinance Celebrates its 19th Birthday!

  02-07-2024 10:05 via litefinance.org
  
  Dear clients and partners,Today, LiteFinance celebrates 19 years of excellence in providing brokerage services in the international financial markets.In 2005, the company's journey started under the LiteForex brand. We adopted a fresh approach to Forex trading by designing cent accounts and integrating them into the MT4 ecosystem. Thus, we gave everyone an opportunity to try their hand at trading in the financial markets.Throughout the years, our company has never ceased to improve the quality o
  
  Read more

• Ten-year Treasury yields edge lower as traders await Powell comments

  02-07-2024 10:03 via rocketnews.com
  Bond yields fell early Tuesday ahead of comments from Federal Reserve Chair Jerome Powell and as traders awaited the first of several reports this week on the U.S. labor market
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnBond yields fell early Tuesday ahead of comments from Federal Reserve Chair Jerome Powell and as traders awaited the first of several reports this week on the U.S. labor marketnnDiscussion:nn&rdqu
  
  Read more

• Short-term Analysis for Oil, Gold, and EURUSD for 02.07.2024

  02-07-2024 09:49 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.Yesterday, the euro tested the resistance (A).Oil price forecast for today: USCrude analysisYesterday, the oil price broke through the Target Zone 82.34 - 81.44. The next bullish target will be the Gold Zone of 84.75 - 84.45. Consider long trades within the s
  
  Read more

• At least 30 injured after flight hits turbulence — sending man into overhead bin

  02-07-2024 09:31 via rocketnews.com
  At least 30 people were injured on Monday after an Air Europa Boeing 787-9 Dreamliner flight hit turbulence over the Atlantic, sending passengers flying out of their seats with one man appearing to have gotten stuck in the overhead bins.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnAt least 30 people were injured on Monday after an Air Europa Boeing 787-9 Dreamliner flight hit turbulence over the Atlantic, sending
  
  Read more

• Third Stage of Lucky Ticket Draw in Kazakhstan, Kyrgyzstan, and Uzbekistan Completed

  02-07-2024 09:24 via litefinance.org
  
  Dear Clients,The third stage of the Lucky Ticket draw for traders from Kazakhstan, Kyrgyzstan, and Uzbekistan is over! We are happy to announce the winners: The first prize, a Galaxy S24 Ultra smartphone, was won by Mr. Bakhtiiar Anarbaev with account number MT4-ECN2-798031. His winning account number is 0298. Mr. Bakhrom Azimov drew the Lucky Ticket number 0371 and received a prize deposit of $1,000 for trading. His account number is MT5-ECN-6568314. Mr. Faruh Ashirov with account number MT4-EC
  
  Read more

• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 02.07.2024

  02-07-2024 09:09 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 complex corrective wave [4] presumably continues developing as a triple three pattern (W)-(X)-(Y)-(XX)-(Z). Its four parts have been fully completed. The actionary wave (Z) may be developing at the moment and is likely to end as a triple zigzag W-X-Y-XX-Z at the low of 56,457.74, marked by wave (Y). Trading plan for BTCUSD for today:Sell
  
  Read more

• Politics Drive US Dollar. Forecast as of 02.07.2024

  02-07-2024 08:27 via litefinance.org
  
  When one party controls Congress and the White House, it is called a sweep and allows it to enact reforms quickly. In this respect, the Republican victory in the elections is good news for the greenback. Let's discuss this topic and make a trading plan for EURUSD.Weekly US dollar fundamental forecastMarkets hate uncertainty. Politics has changed all the rules. The unconditional victory of Claudia Sheinbaum and her Morena party in Mexico drained the peso. Conversely, the reduced chances of an abs
  
  Read more

• GameStop CEO Ryan Cohen posts on X for first time in months as videogame retailer seeks app developers

  02-07-2024 00:21 via rocketnews.com
  GameStop Corp. Chief Executive Ryan Cohen made his first post on X in months on Monday, once again using the social-media platform to advertise job openings at the videogame retailer.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnGameStop Corp. Chief Executive Ryan Cohen made his first post on X in months on Monday, once again using the social-media platform to advertise job openings at the videogame retailer.nnDisc
  
  Read more

Follow @news_analyst on Twitter!