Analyst news

• Ford saw a $1.1 billion loss in its EV business, dragging Q2 profit well below Wall Street forecast

  24-07-2024 23:33 via rocketnews.com
  Shares of Ford Motor Co. lost more than 10% in the extended sessionWednesday after the car maker reported quarterly profits well below Wall Street’s expectations and notched another billion-dollar loss on EVs.
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  [mwai_chat context=”Let’s have a discussion about this article:nnShares of Ford Motor Co. lost more than 10% in the extended sessionWednesday after the car maker reported quarterly profits well below Wall Street’s ex
  
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• Chipotle’s stock rallies as renewed focus on quicker service helps second-quarter results

  24-07-2024 22:40 via rocketnews.com
  Shares of Chipotle Mexican Grill launched higher in after-hours trading on Wednesday, after the fast-casual Mexican chain reported second-quarter results that beat expectations and stuck with its its sales outlook, as a discount war brews elsewhere in the restaurant industry.
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  [mwai_chat context=”Let’s have a discussion about this article:nnShares of Chipotle Mexican Grill launched higher in after-hours trading on Wednesday, after the
  
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• Lamb Weston’s stock dives as fewer people go to restaurants, buy frozen potatoes

  24-07-2024 20:58 via rocketnews.com
  Shares of Lamb Weston Holdings Inc. plunged toward a record selloff Wednesday, after the frozen potato seller missed fiscal fourth-quarter profit expectations by a wide margin, citing a global slowdown in restaurant traffic.
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  [mwai_chat context=”Let’s have a discussion about this article:nnShares of Lamb Weston Holdings Inc. plunged toward a record selloff Wednesday, after the frozen potato seller missed fiscal fourth-quarter profit ex
  
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• Why copper prices have dropped over 20% from record highs in just two months

  24-07-2024 20:50 via rocketnews.com
  Copper settled Wednesday at the lowest price since early April, while also marking a drop of more than 20% from record highs in May, as weakness in China’s economy fed expectations for a fall in demand for the industrial metal.
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  [mwai_chat context=”Let’s have a discussion about this article:nnCopper settled Wednesday at the lowest price since early April, while also marking a drop of more than 20% from record highs in May, as wea
  
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• How financial ‘sextortion’ scams became an epidemic on social media — with tragic consequences

  24-07-2024 20:32 via rocketnews.com
  Meta removed 63,000 Instagram accounts run by a Nigerian network called the Yahoo Boys, which specialized in getting victims to share nude photos that would then be used for blackmail.
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  [mwai_chat context=”Let’s have a discussion about this article:nnMeta removed 63,000 Instagram accounts run by a Nigerian network called the Yahoo Boys, which specialized in getting victims to share nude photos that would then be used for blackmail.nnDi
  
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• Second-quarter GDP to show more sizzle — and some fizzle, too

  24-07-2024 20:24 via rocketnews.com
  The U.S. economy grew at a brisk pace in the second quarter, the most recent gross domestic product report is likely to show, suggesting little risk of recession. But not all is well.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe U.S. economy grew at a brisk pace in the second quarter, the most recent gross domestic product report is likely to show, suggesting little risk of recession. But not all is well.nnDisc
  
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• Squarespace exec got backlash for saying she was ‘willing to work for free’ in her early career. Is it a good idea for Gen Z?

  24-07-2024 19:54 via rocketnews.com
  The CMO said she was willing to work “any hours, any pay” to kick start her career. We asked career coaches if it’s a smart idea in this job market.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe CMO said she was willing to work “any hours, any pay” to kick start her career. We asked career coaches if it’s a smart idea in this job market.nnDiscussion:nn” ai_name=”Ro
  
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• Delta’s IT outage woes are costing the airline $350 million and counting, analysts say

  24-07-2024 18:00 via rocketnews.com
  The IT outage caused by a faulty CrowdStrike Holdings Inc. software update that has resulted in Delta Air Lines Inc. canceling some 6,700 flights since Friday will cost the airline $350 million and shave 200 basis points off its operating margins.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe IT outage caused by a faulty CrowdStrike Holdings Inc. software update that has resulted in Delta Air Lines Inc. cancelin
  
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• Here’s why Enphase Energy’s stock is rising despite yet another earnings miss

  24-07-2024 17:25 via rocketnews.com
  Enphase Energy Inc. continued its streak of profit and revenue misses, but shares of the maker of solar and electric-vehicle charging products still rallied Wednesday as Wall Street focused on signs that results may have bottomed as a supply glut appears to have been cleared.
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  [mwai_chat context=”Let’s have a discussion about this article:nnEnphase Energy Inc. continued its streak of profit and revenue misses, but shares of the maker o
  
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• Pfizer announces positive results from late-stage trial of hemophilia A treatment

  24-07-2024 17:19 via rocketnews.com
  The trial aimed to help people living with hemophilia benefit from a single infusion that would allow them to produce the needed clotting protein for an extended period, reducing the need for constant intravenous infusions or injections.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe trial aimed to help people living with hemophilia benefit from a single infusion that would allow them to produce the needed clotti
  
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• Loonie Faces Double Whammy. Forecast as of 24.07.2024

  24-07-2024 12:21 via litefinance.org
  
  The growing prospect of Donald Trump's victory in the US presidential election has triggered a wave of sell-offs in commodity currencies. Protectionist policies will hurt China. Meanwhile, the Bank of Canada is mulling interest rate cuts. Let's discuss these issues and make a trading plan for the USDCAD pair.Highlights and key points The USDCAD pair has been rising for 9 out of 10 trading sessions. The rally is based on the commodity market rout due to the Trump trade. The BoC rate cut cycle wil
  
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• USD to PHP Forecast for 2024, 2025-2026 and Beyond

  24-07-2024 12:03 via litefinance.org
  
  As the global economy marches into 2024, the interplay between the United States Dollar (USD) and the Philippine Peso (PHP) remains a keen interest for investors and traders. This article aims to provide an analytical perspective on the future fluctuations and trends of the USD/PHP exchange rate. By integrating insights from financial experts, historical data, and the prevailing geopolitical and economic landscapes, we will offer a nuanced outlook for 2024, 2025, and 2026, extending our gaze int
  
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• Economic calendar for the week 29.07.2024 – 04.08.2024

  24-07-2024 12:02 via litefinance.org
  
  The dollar appears to be ending the first month of the 2nd half of the year and the 3rd quarter with losses, despite the attempts of buyers to revive its upward momentum.The central focus of the coming week will, of course, be on the Fed meeting. Market participants do not expect any action from its leaders, who have insisted that they need to wait for more convincing signals that inflation will fall towards the target range of 2%.It is likely that at this meeting the Fed interest rate will stil
  
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• Bulls and Bears Power Indicators: Enhance Your Trading Strategy

  24-07-2024 11:27 via litefinance.org
  
  Bulls Power and Bears Power are oscillator-type indicators that show the strength of buyers and sellers on different time frames. They confirm signals received from trend indicators. The indicators take into account the asset's high and low prices as well as 13-period exponential moving average.This article explains how Bull Power and Bear Power indicators operate, and how to use these indicators in combination with trend indicators, providing an example of an online trading strategy.Key Takeawa
  
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• Deutsche Bank stock slides on further losses from U.S. commercial real estate

  24-07-2024 10:21 via rocketnews.com
  Deutsche Bank shares tumbled on Wednesday as the German lender revealed further pain from U.S. commercial real-estate losses and took a provision on a long-running legal dispute.
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  [mwai_chat context=”Let’s have a discussion about this article:nnDeutsche Bank shares tumbled on Wednesday as the German lender revealed further pain from U.S. commercial real-estate losses and took a provision on a long-running legal dispute.nnDiscussion:nn&
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 24.07.2024

  24-07-2024 08:41 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: The price may fall in correction 4. Consider selling from the current level with Take Profit at 63986.00. XRPUSD: Expect a decline to 0.515 in correction (4). Consider selling from the current level with Take Profit at 0.515. ETHUSD: Impulse 1 is completed. A bearish correction 2 is expected to reach the level of 3279.83. Consider
  
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• US Dollar Disregards Fed. Forecast as of 24.07.2024

  24-07-2024 08:27 via litefinance.org
  
  The question on many investors' minds is how low the EURUSD pair can fall before the release of the US labor market and inflation data for July. The answer to this question will depend on the Trump trade, which has taken the Fed's monetary policy to the back burner. Let's discuss this topic and make a trading plan.Highlights and key points Investors are paying no heed to bets on the Fed's monetary expansion. Markets are focused on the negatives of tariffs for the global economy. They fear chaos
  
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• Mattel’s quarterly sales fell. But the months ahead will be better, executives say.

  24-07-2024 01:02 via rocketnews.com
  Mattel Inc. on Tuesday said it expected to grow both profits and sales next year and said new products and less caution from retailers would help momentum for the second half of this year, even after reporting second-quarter results that were a mixed bag.
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  [mwai_chat context=”Let’s have a discussion about this article:nnMattel Inc. on Tuesday said it expected to grow both profits and sales next year and said new products and less cauti
  
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