Analyst news

• Beyond Meat shares fall following report of restructuring talks with bondholders

  17-07-2024 23:34 via rocketnews.com
  Shares of Beyond Meat fell in post-market trading after The Wall Street Journal reported the company was engaged in talks with a group of bondholders about restructuring the company’s balance sheet.
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  [mwai_chat context=”Let’s have a discussion about this article:nnShares of Beyond Meat fell in post-market trading after The Wall Street Journal reported the company was engaged in talks with a group of bondholders about restructurin
  
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• Five Below’s ex-CEO is going to Petco — but could find similar challenges

  17-07-2024 23:28 via rocketnews.com
  Petco Health & Wellness Co. on Wednesday said that Joel Anderson — the former chief executive of teen-focused discount chain Five Below Inc. — would become the pet-supplies retailer’s new chief executive later this month.
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  [mwai_chat context=”Let’s have a discussion about this article:nnPetco Health & Wellness Co. on Wednesday said that Joel Anderson — the former chief executive of teen-focused discount
  
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• United Airlines says it saw capacity glut coming, and prepared for it

  17-07-2024 22:46 via rocketnews.com
  Shares of United Airlines Holdings Inc. dropped more than 3% in the extended session Wednesday after the airline reported a mixed second quarter and guided for lower-than-expected profit in the current quarter.
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  [mwai_chat context=”Let’s have a discussion about this article:nnShares of United Airlines Holdings Inc. dropped more than 3% in the extended session Wednesday after the airline reported a mixed second quarter and guided for lo
  
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• As UnitedHealth’s stock heads toward record high, bonds are selling off and spreads are wider

  17-07-2024 20:46 via rocketnews.com
  As UnitedHealth Group Inc.’s stock headed toward a record high on Wednesday, the company’s bonds have been selling off following the company’s quarterly earnings report early Tuesday.
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  [mwai_chat context=”Let’s have a discussion about this article:nnAs UnitedHealth Group Inc.’s stock headed toward a record high on Wednesday, the company’s bonds have been selling off following the company’s quarterly
  
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• 5 of 12 Fed districts report flat or declining economic activity, Fed’s Beige Book finds

  17-07-2024 20:46 via rocketnews.com
  U.S. economic activity seemed to soften in the past two months, with five of the 12 Fed regions reporting flat or declining activity,a Federal Reserve survey released Wednesday found.
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  [mwai_chat context=”Let’s have a discussion about this article:nnU.S. economic activity seemed to soften in the past two months, with five of the 12 Fed regions reporting flat or declining activity,a Federal Reserve survey released Wednesday found.nnDisc
  
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• 1-800-Flowers’ stock downgraded to sell as ‘everyday gifting is still anemic’

  17-07-2024 20:43 via rocketnews.com
  The stock of 1-800-Flowers.com Inc. tumbled Wednesday, after D.A. Davidson downgraded it to underperform, or sell, from neutral, and said consensus estimates for its fiscal fourth quarter are looking too high.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe stock of 1-800-Flowers.com Inc. tumbled Wednesday, after D.A. Davidson downgraded it to underperform, or sell, from neutral, and said consensus estimates for i
  
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• Dow holds firm while Big Tech pullback sinks S&P 500. Here’s why the market can take it.

  17-07-2024 20:38 via rocketnews.com
  A sharp pullback by the same megacap tech stocks that have driven a robust 2024 rally was dragging down the S&P 500 and the Nasdaq on Wednesday. Patient market bulls should be able to handle the pain, strategists said.
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  [mwai_chat context=”Let’s have a discussion about this article:nnA sharp pullback by the same megacap tech stocks that have driven a robust 2024 rally was dragging down the S&P 500 and the Nasdaq on Wednesday. P
  
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• ‘Character’ of this week’s stock-market rally is driven by Trump trades, Strategas CEO says

  17-07-2024 19:59 via rocketnews.com
  Traders are tracking prediction markets that have shown an increase this week in former President Donald Trump’s chances of victory in the November election, Strategas Securities’ Jason Trennert said Wednesday.
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  [mwai_chat context=”Let’s have a discussion about this article:nnTraders are tracking prediction markets that have shown an increase this week in former President Donald Trump’s chances of victory in the Novem
  
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• Bloom Energy’s stock surges as an AI play with new CoreWeave partnership

  17-07-2024 17:59 via rocketnews.com
  Bloom Energy’s stock charged higher Wednesday, after the fuel cell-technology company took another step into the artificial-intelligence arena with its partnership with data-center company CoreWeave Inc.
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  [mwai_chat context=”Let’s have a discussion about this article:nnBloom Energy’s stock charged higher Wednesday, after the fuel cell-technology company took another step into the artificial-intelligence arena with its partn
  
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• Oil prices rise as U.S. crude inventories post a third straight weekly fall

  17-07-2024 17:14 via rocketnews.com
  Oil futures headed higher on Wednesday, on track to score their gain in four sessions, after official U.S. data revealed a third weekly drop in a row for commercial crude inventories.
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  [mwai_chat context=”Let’s have a discussion about this article:nnOil futures headed higher on Wednesday, on track to score their gain in four sessions, after official U.S. data revealed a third weekly drop in a row for commercial crude inventories.nnDisc
  
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• Economic calendar for the week 22.07.2024 – 28.07.2024

  17-07-2024 15:49 via litefinance.org
  
  Market participants are ignoring statements by the Fed leaders to the effect that they need to wait for more convincing signals about inflation going down to the target range of 2% and are expecting the first interest rate cut at the September meeting of the US Central Bank. The weaker the macro data coming from the US, the more this opinion of the participants market will strengthen.In the coming week, among other things, they will pay attention to the publication of data on the dynamics of US
  
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• Zilliqa Price Forecast & Predictions for 2024, 2025–2026 and Beyond

  17-07-2024 12:13 via litefinance.org
  
  The volatile cryptocurrency trading world is filled with risks and rewards. For traders interested in Zilliqa (ZIL), the key question is, Does this crypto asset have a bright future? Based on current analysis, the answer is a cautious ”yes”.While Zilliqa has seen significant price swings since its launch in 2017, its long-term growth prospects remain promising. The blockchain platform is gaining increasing adoption, especially among decentralized apps and fintech companies. With soli
  
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• Bitcoin Soars on Trump Trade. Forecast as of 17.07.2024

  17-07-2024 11:39 via litefinance.org
  
  Bitcoin has suffered losses due to token sell-offs in the US and Germany, as well as debt payments by the bankrupt Mt Gox exchange. When the crypto winter was approaching, Trump came to the aid of BTCUSD bulls. Let's discuss this topic and make a trading plan.Highlights and key points Bitcoin soared 22% thanks to the Trump trade. The Republican promises to support the crypto industry. Trump's policies are wreaking havoc, which is favorable for gold and the BTCUSD. Bitcoin may skyrocket to $78000
  
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• ASML shares under pressure as U.S. reportedly considers new export controls

  17-07-2024 11:00 via rocketnews.com
  The Dutch firm saw its share price drop 6% as the prospect of new U.S. trade restrictions and and a worse-than-expected third-quarter outlook weighed on ASML stock
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe Dutch firm saw its share price drop 6% as the prospect of new U.S. trade restrictions and and a worse-than-expected third-quarter outlook weighed on ASML stocknnDiscussion:nn” ai_name=”RocketNe
  
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• Traders trim Bank of England August rate cut chances after U.K. inflation data

  17-07-2024 09:35 via rocketnews.com
  The British pound rose on Wednesday as an August interest rate cut by the Bank of England was considered slightly less likely after U.K. inflation for June matched the central bank’s target but was a touch faster than economists’ forecasts.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe British pound rose on Wednesday as an August interest rate cut by the Bank of England was considered slightly less l
  
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• Trump Wants to Set Interest Rates Himself. Forecast as of 17.07.2024

  17-07-2024 08:34 via litefinance.org
  
  The attempted assassination of the 45th President of the United States has brought back his former audacity. Donald Trump is beginning to threaten the Fed, even though he has not yet become head of state. However, the markets believe that the central bank will not go along. Let's discuss this topic and make a trading plan for the EURUSD pair.Highlights and key points Republicans are demanding that the Fed not cut rates until after the election. Bank of America believes that the Fed will cut thre
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 17.07.2024

  17-07-2024 08:28 via litefinance.org
  
  Dear readers,I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.Highlights and key points BTCUSD: A rise in impulse 3 is expected. Consider buying from the current level with Take Profit at 68230.95. XRPUSD: Expect a decline to 0.556 in correction (4). Consider selling from the current level with Take Profit at 0.556. ETHUSD: The price is expected to rise to a peak of 3652.96 in impulse [3]. Consider buying with Take Profit at
  
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