Analyst news

• Why Visa’s antitrust battle could be so worrying to Wall Street

  24-09-2024 23:50 via rocketnews.com
  Visa’s stock falls as Justice Department launches suit. An analyst notes there are more potential alternatives to Visa’s debit network in the event the company is penalized.
  Article Attribution | Read More at Article Source
  The post Why Visa’s antitrust battle could be so worrying to Wall Street appeared first on RocketNews.
  
  Read more

• Stock-market indicator with a near-perfect track record is flashing a ‘buy’ signal

  24-09-2024 23:37 via rocketnews.com
  One closely-watched stock-market indicator is flashing a bright-red buy signal as more companies’ shares join the rally.
  Article Attribution | Read More at Article Source
  The post Stock-market indicator with a near-perfect track record is flashing a ‘buy’ signal appeared first on RocketNews.
  
  Read more

• Stitch Fix forecast sinks stock, as CEO says ‘there is a lot of work’ for turnaround

  24-09-2024 23:08 via rocketnews.com
  Shares of Stitch Fix Inc. fell after hours on Tuesday after the online styling service forecast quarterly and full-year sales that were weaker than expected, saying that there was “a lot of work still to do” to turn the company around.
  Article Attribution | Read More at Article Source
  The post Stitch Fix forecast sinks stock, as CEO says ‘there is a lot of work’ for turnaround appeared first on RocketNews.
  
  Read more

• Revised U.S. News college ranking system still fails to help families find the best deals in higher education

  24-09-2024 23:04 via rocketnews.com
  U.S. News is out with its latest ranking of America’s top colleges, but critics say the controversial list’s revised methodology does little to help families find the best deal on higher education
  Article Attribution | Read More at Article Source
  The post Revised U.S. News college ranking system still fails to help families find the best deals in higher education appeared first on RocketNews.
  
  Read more

• Advertisement

• KB Home saw better demand for its homes as mortgage rates dropped

  24-09-2024 23:01 via rocketnews.com
  That message of optimism was not resonating with investors late Tuesday.
  Article Attribution | Read More at Article Source
  The post KB Home saw better demand for its homes as mortgage rates dropped appeared first on RocketNews.
  
  Read more

• How Caroline Ellison almost avoided prison in the criminal collapse of FTX

  24-09-2024 22:47 via rocketnews.com
  Prosecutors say Ellison proved essential in unraveling the theft of $8 billion in customer deposits and sending Sam Bankman-Fried to prison. But the judge said she couldn’t get away scot-free and sentenced her to two years in prison.
  Article Attribution | Read More at Article Source
  The post How Caroline Ellison almost avoided prison in the criminal collapse of FTX appeared first on RocketNews.
  
  Read more

• China stock-market jump may be ‘tradable rally’ — but approach with caution

  24-09-2024 22:42 via rocketnews.com
  Chinese stocks and the exchange-traded funds that track them surged Tuesday after Beijing announced the biggest stimulus package since the early days of the COVID pandemic, sparking what some analysts see as a tradable rally.
  Article Attribution | Read More at Article Source
  The post China stock-market jump may be ‘tradable rally’ — but approach with caution appeared first on RocketNews.
  
  Read more

• Yield on 2-year Treasury ends at lowest in two years after big drop in consumer confidence

  24-09-2024 22:36 via rocketnews.com
  The policy-sensitive 2-year Treasury yield falls to its lowest level in two years as bond traders price in an aggressive slate of expect Federal Reserve rate cuts.
  Article Attribution | Read More at Article Source
  The post Yield on 2-year Treasury ends at lowest in two years after big drop in consumer confidence appeared first on RocketNews.
  
  Read more

• Advertisement

• Investors see risks that the inflation battle isn’t over yet

  24-09-2024 22:35 via rocketnews.com
  Concerns that inflation might not be so easily defeated are starting to creep back into financial markets
  Article Attribution | Read More at Article Source
  The post Investors see risks that the inflation battle isn’t over yet appeared first on RocketNews.
  
  Read more

• Elon Musk says humans could soon be heading to Mars. This former astronaut begs to differ.

  24-09-2024 21:08 via rocketnews.com
  “I wish he was right, but the reality is that Mars travel, for people, is very risky right now and all the risks are not controlled enough (yet) to allow safe travel in four years.”
  Article Attribution | Read More at Article Source
  The post Elon Musk says humans could soon be heading to Mars. This former astronaut begs to differ. appeared first on RocketNews.
  
  Read more

• Costco made these subtle changes, adding enough ‘friction’ to prompt a downgrade

  24-09-2024 20:47 via rocketnews.com
  Shares of Costco Wholesale Corp. pulled back Tuesday, after Truist analyst Scot Ciccarelli recommended investors stop buying due to concerns that historically rich valuations increase the risk of a selloff.
  Article Attribution | Read More at Article Source
  The post Costco made these subtle changes, adding enough ‘friction’ to prompt a downgrade appeared first on RocketNews.
  
  Read more

• 5-year Treasurys tend to beat cash after first Fed rate cut, this chart shows

  24-09-2024 20:34 via rocketnews.com
  For investors considering moving out of cash now that the Federal Reserve has started cutting interest rates, returns from the U.S. Treasury bond market have been historically compelling, according to Vanguard.
  Article Attribution | Read More at Article Source
  The post 5-year Treasurys tend to beat cash after first Fed rate cut, this chart shows appeared first on RocketNews.
  
  Read more

• Buy this REIT’s stock to make money on the rapid aging of America’s population

  24-09-2024 19:25 via rocketnews.com
  The baby-boomer generation is “fast marching into retirement,” and BofA Securities picked out a stock investors can buy to benefit from that aging trend.
  Article Attribution | Read More at Article Source
  The post Buy this REIT’s stock to make money on the rapid aging of America’s population appeared first on RocketNews.
  
  Read more

• Novo Nordisk CEO spars with lawmakers over Ozempic, Wegovy prices

  24-09-2024 19:18 via rocketnews.com
  The CEO of Novo Nordisk faced pointed questions about the cost of Ozempic and Wegovy on Capitol Hill Tuesday, as lawmakers pressed the Danish pharmaceutical giant to cut the prices of its blockbuster diabetes and obesity medications.
  Article Attribution | Read More at Article Source
  The post Novo Nordisk CEO spars with lawmakers over Ozempic, Wegovy prices appeared first on RocketNews.
  
  Read more

• Why Boeing’s bonds are a hot item right now, unlike its stock

  24-09-2024 18:39 via rocketnews.com
  It may seem surprising that spreads on Boeing bonds have tightened since the strike started, even as investors have been sellers, especially of longer-dated notes, on strong volumes.
  Article Attribution | Read More at Article Source
  The post Why Boeing’s bonds are a hot item right now, unlike its stock appeared first on RocketNews.
  
  Read more

• Apple’s business is way more dependent on the iPhone than you might think

  24-09-2024 18:28 via rocketnews.com
  Apple gets about half of its revenue directly from iPhone sales. But the product is indirectly responsible for far more than that, according to one analyst.
  Article Attribution | Read More at Article Source
  The post Apple’s business is way more dependent on the iPhone than you might think appeared first on RocketNews.
  
  Read more

• 67 million Medicare recipients face ‘chaos’ if Congress cuts telehealth benefits

  24-09-2024 18:08 via rocketnews.com
  Elderly and disabled patients could miss out on healthcare services unless an extension is passed before the end of the year.
  Article Attribution | Read More at Article Source
  The post 67 million Medicare recipients face ‘chaos’ if Congress cuts telehealth benefits appeared first on RocketNews.
  
  Read more

• The Fed’s 50-point rate cut poses risks for retirees

  24-09-2024 17:56 via rocketnews.com
  Will inflation stage a comeback?
  Article Attribution | Read More at Article Source
  The post The Fed’s 50-point rate cut poses risks for retirees appeared first on RocketNews.
  
  Read more

• Treasury yields retreat after consumer confidence in economy drops by most since 2021

  24-09-2024 17:36 via rocketnews.com
  U.S. bond yields were giving back earlier gains Tuesday as focus turned to the U.S. economy, after an initial rally on news of China’s extensive new stimulus package.
  Article Attribution | Read More at Article Source
  The post Treasury yields retreat after consumer confidence in economy drops by most since 2021 appeared first on RocketNews.
  
  Read more

• This 34-year-old supersized her salary with her third career

  24-09-2024 17:17 via rocketnews.com
  Megan Lewis-Taylor served in the military and law enforcement before going back to college to pursue engineering.
  Article Attribution | Read More at Article Source
  The post This 34-year-old supersized her salary with her third career appeared first on RocketNews.
  
  Read more

• Levi’s CEO says goal of $9 billion to $10 billion in annual revenue by 2027 will be pushed back

  24-09-2024 17:09 via rocketnews.com
  Levi Strauss & Co.’s goal of generating $9 billion to $10 billion in annual revenue by 2027 will be pushed back as the denim-clothing company is still seeing pressure on its customer after a long inflationary period, new Chief Executive Michelle Gass told the Financial Times.
  Article Attribution | Read More at Article Source
  The post Levi’s CEO says goal of $9 billion to $10 billion in annual revenue by 2027 will be pushed back appeared first on RocketNews.
  
  Read more

• Eli Lilly’s Alzheimer’s treatment Kisunla wins approval in Japan

  24-09-2024 17:06 via rocketnews.com
  Japan, with its rapidly aging population, is expected to have more than 5 million patients with dementia by 2030. Alzheimer’s is the most common form of dementia, accounting for more than 67% of cases, according to Lilly.
  Article Attribution | Read More at Article Source
  The post Eli Lilly’s Alzheimer’s treatment Kisunla wins approval in Japan appeared first on RocketNews.
  
  Read more

• If there’s a nuclear renaissance, here are the stocks to watch, says UBS

  24-09-2024 15:09 via rocketnews.com
  There’s genuine excitement in the air around nuclear power. Here are companies that can benefit.
  Article Attribution | Read More at Article Source
  The post If there’s a nuclear renaissance, here are the stocks to watch, says UBS appeared first on RocketNews.
  
  Read more

• Home-price growth loses more steam in July, Case Shiller says, but still inches up to new record high

  24-09-2024 15:03 via rocketnews.com
  Case-Shiller 20-city home price index rose 5.9% year-on-year in July.
  Article Attribution | Read More at Article Source
  The post Home-price growth loses more steam in July, Case Shiller says, but still inches up to new record high appeared first on RocketNews.
  
  Read more

• Novo Nordisk CEO set to defend Ozempic, Wegovy prices on Capitol Hill 

  24-09-2024 15:01 via rocketnews.com
  The CEO of Novo Nordisk is set to face pointed questions on Capitol Hill Tuesday about the prices of the Danish pharmaceutical giant’s blockbuster drugs Ozempic and Wegovy.
  Article Attribution | Read More at Article Source
  The post Novo Nordisk CEO set to defend Ozempic, Wegovy prices on Capitol Hill  appeared first on RocketNews.
  
  Read more

• Fed’s Bowman says inflation remains a concern despite recent progress

  24-09-2024 15:00 via rocketnews.com
  “While it has not been my baseline outlook, I cannot rule out the risks that progress on inflation could continue to stall,” Fed Gov. Michelle Bowman said.
  Article Attribution | Read More at Article Source
  The post Fed’s Bowman says inflation remains a concern despite recent progress appeared first on RocketNews.
  
  Read more

• Gold Soars to Fresh Record High. Forecast as of 24.09.2024

  24-09-2024 12:30 via litefinance.org
  
  While the weakening of the Fed's monetary policy, India's insatiable demand, capital inflows into ETFs, geopolitical factors, and rising default risks in the US are significant contributors to the XAUUSD rally, there are other factors that investors should consider. Let's discuss this topic and make a trading plan for gold.Highlights and key points The Fed's aggressive start created a tailwind for XAUUSD. Escalating conflict in the Middle East supports gold prices. Indian imports of precious met
  
  Read more

• Chinese stocks soar on stimulus plan. Can the rally continue?

  24-09-2024 12:04 via rocketnews.com
  China’s stock market surged the most in more than two years and industrial commodity prices bounced after Beijing on Tuesday unleashed a swathe of stimulus measures.
  Article Attribution | Read More at Article Source
  The post Chinese stocks soar on stimulus plan. Can the rally continue? appeared first on RocketNews.
  
  Read more

• ‘I’m overwhelmed’: I inherited $185,000. With the Fed lowering rates, should I park it in 5% CDs or high-yield savings accounts? 

  24-09-2024 12:03 via rocketnews.com
  “My brother got a better interest rate because he acted fast, and here I am twiddling my thumbs, overwhelmed with banks.”
  Article Attribution | Read More at Article Source
  The post ‘I’m overwhelmed’: I inherited $185,000. With the Fed lowering rates, should I park it in 5% CDs or high-yield savings accounts?  appeared first on RocketNews.
  
  Read more

• European luxury stocks surge on China’s new, far-reaching stimulus package

  24-09-2024 11:57 via rocketnews.com
  Europe’s luxury fashion firms are heavily reliant on Chinese consumers
  Article Attribution | Read More at Article Source
  The post European luxury stocks surge on China’s new, far-reaching stimulus package appeared first on RocketNews.
  
  Read more

• Legal & General hires PGIM exec to lead £1.1 trillion asset management business

  24-09-2024 11:47 via rocketnews.com
  Legal & General has named Eric Adler from US asset manager PGIM as its next chief executive, as the UK’s largest fund group looks to bolster its private markets business.
  Article Attribution | Read More at Article Source
  The post Legal & General hires PGIM exec to lead £1.1 trillion asset management business appeared first on RocketNews.
  
  Read more

• This mortgage hack could save you thousands a year — and it’s not a refinance

  24-09-2024 11:31 via rocketnews.com
  Homeowners looking to leverage lower mortgage rates can ask their lenders for a “rate modification,” financial experts say.
  Article Attribution | Read More at Article Source
  The post This mortgage hack could save you thousands a year — and it’s not a refinance appeared first on RocketNews.
  
  Read more

• Nvidia’s stock is no longer the S&P 500’s top gainer this year. Here’s what is.

  24-09-2024 11:11 via rocketnews.com
  Investors have been turning beyond the chip sector as a way to play the AI and data-center booms.
  Article Attribution | Read More at Article Source
  The post Nvidia’s stock is no longer the S&P 500’s top gainer this year. Here’s what is. appeared first on RocketNews.
  
  Read more

• ‘She’s the queen of CDs’: My mother-in-law, 83, opened 12 CDs at different financial institutions. Should I intervene?

  24-09-2024 11:03 via rocketnews.com
  “Given her advanced age and risk aversion, I question whether pursuing these interest rates and promotional offers is truly worthwhile.”
  Article Attribution | Read More at Article Source
  The post ‘She’s the queen of CDs’: My mother-in-law, 83, opened 12 CDs at different financial institutions. Should I intervene? appeared first on RocketNews.
  
  Read more

• Director Steven Soderbergh lists his stylish Tribeca luxury condo for $9.4 million

  24-09-2024 11:02 via rocketnews.com
  The picture-perfect downtown New York City maisonette includes a a bamboo-shrouded back patio designed by Rees Roberts.
  Article Attribution | Read More at Article Source
  The post Director Steven Soderbergh lists his stylish Tribeca luxury condo for $9.4 million appeared first on RocketNews.
  
  Read more

• Former ‘Real Housewives’ star Bethenny Frankel saying goodbye to $5.6 million Hamptons pandemic home

  24-09-2024 11:00 via rocketnews.com
  If the home sells for full price, it’s a 300% return on investment, and it’s not her only Hamptons property.
  Article Attribution | Read More at Article Source
  The post Former ‘Real Housewives’ star Bethenny Frankel saying goodbye to $5.6 million Hamptons pandemic home appeared first on RocketNews.
  
  Read more

• Short-term Analysis for Oil, Gold, and EURUSD for 24.09.2024

  24-09-2024 09:13 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 continues to trade in a correction within the short-term uptrend.Highlights and key pointsUSCrude: oil is trying to continue its short-term uptrend. Today's main target is 71.63. XAUUSD: gold has set a new all-time high near 2640. If a correctio
  
  Read more

• Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 24.09.2024

  24-09-2024 09:12 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 is trading in a bullish impulse wave within correction B. Consider a long position at current levels, setting a take-profit order at 65,000.00. XRPUSD: the pair is rising in an impulse wave (C). Consider opening long positions at current levels, securing profits 0.653. ETHUSD: the ETH price may continue to incre
  
  Read more

• ‘I’m trapped between warring siblings’: My late father left a ledger with $80,000 in unpaid loans to my brothers. Can the executor force them to pay?

  24-09-2024 08:58 via rocketnews.com
  “His will states that his estate is to be divided equally among his five children.”
  Article Attribution | Read More at Article Source
  The post ‘I’m trapped between warring siblings’: My late father left a ledger with $80,000 in unpaid loans to my brothers. Can the executor force them to pay? appeared first on RocketNews.
  
  Read more

• US Dollar May Gain Upper Hand Against Counterparts. Forecast as of 24.09.2024

  24-09-2024 08:29 via litefinance.org
  
  As a rule, the Fed's monetary policy easing measures harm the US dollar. However, this time, the currency is up against a relatively weak opponent, and geopolitical factors favor EURUSD bears. Let's discuss this topic and make a trading plan.Highlights and key points Eurozone PMIs post alarming figures. Political risks in France have returned with renewed vigor. The US dollar is usually falling during the Fed rate cuts. One can open long trades on the EURUSD pair at 1.1145 and 1.118.Weekly US do
  
  Read more

• Revised U.S. News college rankings still fail to help families find the best deal on higher education

  24-09-2024 06:01 via rocketnews.com
  U.S. News is out with its latest ranking of America’s top colleges, but critics say the controversial list’s revised methodology does little to help families find the best deal on higher education
  Article Attribution | Read More at Article Source
  The post Revised U.S. News college rankings still fail to help families find the best deal on higher education appeared first on RocketNews.
  
  Read more

• Visa stock slips on reports that it faces Justice Department antitrust lawsuit

  24-09-2024 02:10 via rocketnews.com
  Visa Inc. stock fell 1.6% in after-hours trading Monday following reports that the payments giant faces an antitrust lawsuit from the U.S. Justice Department.
  Article Attribution | Read More at Article Source
  The post Visa stock slips on reports that it faces Justice Department antitrust lawsuit appeared first on RocketNews.
  
  Read more

• Investors clinging to cash face these two risks as the Fed cuts interest rates, researchers say

  24-09-2024 01:29 via rocketnews.com
  Researchers looked at how much $1 million invested in cash versus stocks would have earned over almost 100 years.
  Article Attribution | Read More at Article Source
  The post Investors clinging to cash face these two risks as the Fed cuts interest rates, researchers say appeared first on RocketNews.
  
  Read more

• ‘I’m struggling with grief and loss’: I inherited seven figures after my parents died young. Why do I feel guilty?

  24-09-2024 00:32 via rocketnews.com
  “It’s odd that, in life, loss and money can be so tied up — that death can be a financial boon for bereaved people.”
  Article Attribution | Read More at Article Source
  The post ‘I’m struggling with grief and loss’: I inherited seven figures after my parents died young. Why do I feel guilty? appeared first on RocketNews.
  
  Read more

Follow @news_analyst on Twitter!