Analyst news

• Alphabet’s stock has never been this cheap relative to Meta’s. How to play that.

  26-09-2024 22:49 via rocketnews.com
  A Bernstein analyst says it’s still “difficult to defend” pitching Alphabet shares with conviction given various regulatory and competitive risks.
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• These key indicators say the S&P 500 will continue its hot streak

  26-09-2024 22:46 via rocketnews.com
  The S&P 500 looks solid, while new highs on the NYSE continue to swamp new lows.
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• BioAge, BKV shares end their first trading day flat after earlier gains

  26-09-2024 22:35 via rocketnews.com
  Obesity-drug developer BioAge held on to a slim gain after rising more than 20%, while Texas-based Barnett Shale driller BKV traded flat.
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• Costco’s stock slips as quarterly sales come up short

  26-09-2024 22:33 via rocketnews.com
  Shares of Costco Wholesale Corp. slipped after hours, after the membership warehouse retailer reported sales trends that came up shy of Wall Street’s estimates.
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• These tips for investing in mutual funds and ETFs can heap profits on your plate

  26-09-2024 22:29 via rocketnews.com
  China stocks, energy sector and bonds see strong investor demand.
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• Higher corporate taxes sinking the S&P 500 isn’t investors’ biggest worry

  26-09-2024 22:22 via rocketnews.com
  About half of large U.S. corporations don’t pay any income tax in an average year
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• CarMax’s stock up 6% as sales beat offsets car-loan pressures

  26-09-2024 20:53 via rocketnews.com
  CarMax Inc.’s stock reversed early losses to trade up 5.9% Thursday, after the used-car retailer’s fiscal second-quarter sales topped estimates and offset pressure on its car-loan business.
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• This stock-market rally is as good as it gets

  26-09-2024 20:38 via rocketnews.com
  The S&P 500 looks solid, while new highs on the NYSE continue to swamp new lows.
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• ‘My wife dreams of owning a home’: We immigrated to the U.S. with our son, 25. We have $45,000. Do we buy a house in California — or save our money?

  26-09-2024 20:18 via rocketnews.com
  “We are all naturalized citizens. We have a small savings of over $45,000 deposited in a high-yield savings account.”
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• BioAge posts double-digit percentage jump after IPO; natural-gas producer BKV pares gains in debut

  26-09-2024 20:14 via rocketnews.com
  Obesity-drug developer BioAge jumps nearly 30% while Texas-based Barnett Shale driller BKV posts smallgain.
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• Trump’s plans for deportations, tariffs and the Fed will jack up inflation, economists say

  26-09-2024 20:06 via rocketnews.com
  Three signature proposals from Republican presidential nominee Donald Trump — increasing tariffs, curbing the Federal Reserve’s independence and cracking down on illegal immigration through deportations — would hurt the U.S. economy overall, according to a new paper from economists at the Peterson Institute for International Economics, a nonpartisan think tank.
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• Raising the full retirement age to 69 would cut Social Security benefits — and it wouldn’t save the program

  26-09-2024 19:45 via rocketnews.com
  The maximum age to claim Social Security would climb to 72 from 70, the CBO calculates
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• Harris, Dem sweep could mean a $2.2 trillion tax hike for S&P 500 companies

  26-09-2024 19:38 via rocketnews.com
  “Investors should pay heed to Democratic prospects,” Cap Alpha analyst Lucier says.
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• Harris and Trump are courting the middle class — but they may misunderstand who’s in it

  26-09-2024 19:38 via rocketnews.com
  Today’s middle class is more likely to have credit-card debt and less likely to own a home than you might think
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• ‘I don’t want to spend my remaining days living hand to mouth’: I divorced my husband and remarried. Can I claim his Social Security?

  26-09-2024 19:26 via rocketnews.com
  “I hope that it doesn’t trigger my ex-husband. He has a short fuse.”
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• Super Micro’s stock plummets on reported Justice Department probe

  26-09-2024 18:54 via rocketnews.com
  Super Micro’s stock took a deep dive Thursday, after the Wall Street Journal reported that the server maker and artificial-intelligence play was being investigated by the U.S. Justice Department.
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• Broadcom to tap corporate bond market for funds to pay down debt

  26-09-2024 18:19 via rocketnews.com
  Semiconductor company last issued bonds in July, when it raised $5 billion to refinance loans taken on to pay for its $69 billion acquisition of VMware Inc.
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• Durable-goods orders were flat in August, beating forecasts of a sharp decline

  26-09-2024 14:49 via rocketnews.com
  Orders for U.S. durable goods were flat in August, the Commerce Department said Thursday.
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• U.S. economy grew 3.0% in spring and GDP looks set to repeat that feat in third quarter

  26-09-2024 14:40 via rocketnews.com
  The last of three updates on U.S. growth in the second quarter showed the economy expanded at solid 3.0% annual pace — and there’s no sign it’s taken a big turn for the worse.
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• Jobless claims sink to 4-month low. Businesses aren’t hiring – or firing – many people.

  26-09-2024 14:37 via rocketnews.com
  The number of Americans who applied for unemployment benefits last week fell to a nearly four-month low of 218,000, reflecting the reluctance of businesses to cut jobs even though they’re no longer hiring many new workers.
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• Investors are finally experiencing the ‘everything’ bull market — and it may last, this strategist says

  26-09-2024 14:34 via rocketnews.com
  Jim Paulsen says a broad-based rally can now take place because the Fed cut interest rates.
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• Southwest Airlines’ stock surges after revenue outlook raised, buybacks resumed

  26-09-2024 14:28 via rocketnews.com
  Southwest Airlines’ stock surged Thursday after the air carrier raised its revenue outlook and indicated it would resume stock repurchases for the first time in more than four years.
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• As OpenAI refocuses on profitability, Mira Murati’s exit comes at a bad time

  26-09-2024 14:27 via rocketnews.com
  Chief Technology Officer Mira Murati is ‘the most well-known woman in AI right now’ — but now she’s leaving OpenAI along with others in the top ranks.
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• Pound to Get Support from Carry Trade. Forecast as of 26.09.2024

  26-09-2024 12:33 via litefinance.org
  
  The rapid GDP growth in the UK and the slow pace of the Bank of England's monetary policy allow traders to buy the GBPUSD pair. In addition, carry traders are providing support to the British pound. Let's discuss these topics and make a trading plan.Highlights and key points The OECD has significantly raised its GDP growth forecasts for the UK economy. The Bank of England intends to reduce the repo rate slowly. The use of the British pound in carry trade will benefit the currency. The GBPUSD pai
  
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• Under-fire Commerzbank sets ambitious profit goal

  26-09-2024 11:40 via rocketnews.com
  Shares of Commerzbank, the German bank being pursued by Italy’s UniCredit, soared on Thursday after it forecasted improving profits and shareholder returns.
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• Listed German private-equity firm tumbles after Gotham City short-sale report

  26-09-2024 11:39 via rocketnews.com
  Shares of Mutares, a German investor that seeks to turn around medium-sized companies, tumbled after the publication of a short-selling report.
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• Boxer Floyd Mayweather Jr. lists $48 million Beverly Hills mansion

  26-09-2024 11:05 via rocketnews.com
  The star athlete stands to make a nice profit on the sprawling half-acre estate.
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• Arizona Cardinals rookie Marvin Harrison Jr. scores a $4.9 million luxury estate

  26-09-2024 11:01 via rocketnews.com
  While many college grads his age might balk at such a sum, it’s a tiny portion of the $35 million 4-year contract Harrison signed with the Cardinals.
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• Treasury yields hold near 3-week highs as traders eye barrage of economic updates

  26-09-2024 10:54 via rocketnews.com
  U.S. government bond prices were little changed early Thursday, with the benchmark 10-year Treasury yield hovering near its highest level since early September as investors awaited a slew of economic data in the next few sessions alongside commentary from Federal Reserve officials.
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• Elon Musk snubbed by U.K. over riot comments, report says

  26-09-2024 10:46 via rocketnews.com
  Elon Musk won’t be invited to the annual U.K. investment summit that he played a starring role in last year over comments he made about riots over the summer, according to a published report.
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• Hong Kong stocks lead global surge on reports of more China stimulus measures

  26-09-2024 10:28 via rocketnews.com
  Hong Kong’s equity market hit a one-year high and led a surge in global stocks as the China-stimulus-induced risk-asset rally received further propulsion
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• Short-term Analysis for Oil, Gold, and EURUSD for 26.09.2024

  26-09-2024 09:18 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, oil continued to correct.Highlights and key pointsUSCrude: oil is testing the support (A) 68.29 - 67.90. XAUUSD: gold is trying to start a correction. EURUSD: the euro continued its short-term uptrend yesterday. As a result, the price has exce
  
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• Euro Fails to Settle at Reached Peak. Forecast as of 26.09.2024

  26-09-2024 08:31 via litefinance.org
  
  After reaching its highest point since July 2023, the EURUSD pair experienced a significant decline. Foreign exchange markets began to speculate about a renewed surge in US inflation and expressed skepticism about the efficacy of China's economic stimulus measures. Let's discuss these topics and make a trading plan.Highlights and key points Market optimism over China's stimulus is fading. Investors are starting to speculate about a surge in US inflation. The slower monetary expansion of the Fed
  
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• Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 26.09.2024

  26-09-2024 08:08 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 rise to 65,000.00 in the impulse wave (5). Consider a long position. XRPUSD: an impulse rise to 0.653 continues. Consider opening long positions. ETHUSD: the price may soar to the high of 2,818.50 in the zigzag wave. Long positions could be opened.Elliott Wave Analysis for BitcoinThe BTCUSD&nb
  
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• Exclusive: HUD Secretary Adrianne Todman on how government ‘has to be part of the solution’ to U.S. housing crisis 

  26-09-2024 06:01 via rocketnews.com
  The housing market has become unaffordable for many buyers. The federal government says it’s working on it.
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• It’s a bad time for Mira Murati to exit, as OpenAI refocuses on profitability

  26-09-2024 03:56 via rocketnews.com
  Mira Murati’s departure from OpenAI could not have come at a worse time.
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• A port strike could be an economic ‘tsunami’ affecting these sectors

  26-09-2024 00:11 via rocketnews.com
  Certain sectors could bear the brunt of a looming strike at East Coast and Gulf of Mexico ports, experts say.
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• Gas-mask maker Dräger joins companies banning products from being used in death-penalty supply chain

  26-09-2024 00:02 via rocketnews.com
  A major gas-mask manufacturer this week said it doesn’t want its products used in nitrogen-gas executions, days before Alabama planned to carry out the country’s second-ever execution using the same method.
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