Analyst news

• AMD’s AI event features new chips — but it doesn’t help the stock

  10-10-2024 20:38 via rocketnews.com
  AMD’s stock is off more than 4% following its Advancing AI keynote. Last year’s event delivered a major boost to shares.
  Article Attribution | Read More at Article Source
  The post AMD’s AI event features new chips — but it doesn’t help the stock appeared first on RocketNews.
  
  Read more

• TD Bank fined $3 billion by U.S. regulators and forced to limit growth

  10-10-2024 20:32 via rocketnews.com
  Toronto-Dominion Bank shares fell on Thursday as the Canadian bank was fined and forced to limit expansion to settle charges it failed to prevent money laundering.
  Article Attribution | Read More at Article Source
  The post TD Bank fined $3 billion by U.S. regulators and forced to limit growth appeared first on RocketNews.
  
  Read more

• Fed tends to look past hurricanes, although that is getting harder

  10-10-2024 20:27 via rocketnews.com
  The two devastating hurricanes that hit the southeastern U.S. in recent weeks will make it harder for the Federal Reserve to assess the health of the economy, analysts say, but the central bank is still expected to go forward with a quarter-point rate cut when it meets early next month.
  Article Attribution | Read More at Article Source
  The post Fed tends to look past hurricanes, although that is getting harder appeared first on RocketNews.
  
  Read more

• Nvidia’s stock has broken out, suggesting new record may be just the first step

  10-10-2024 20:25 via rocketnews.com
  The stock’s recent breakout from a multimonth bullish “pennant” chart pattern might have some on Wall Street targeting a rally above $170.
  Article Attribution | Read More at Article Source
  The post Nvidia’s stock has broken out, suggesting new record may be just the first step appeared first on RocketNews.
  
  Read more

• Advertisement

• JPMorgan, Wells Fargo to kick off bank earnings parade as Wall Street weighs lower interest rates

  10-10-2024 20:17 via rocketnews.com
  JPMorgan Chase & Co. and Wells Fargo & Co. kick off third-quarter earnings season this coming Friday, as Wall Street looks for fresh clues on how lower interest rates may boost profits for big U.S. banks.
  Article Attribution | Read More at Article Source
  The post JPMorgan, Wells Fargo to kick off bank earnings parade as Wall Street weighs lower interest rates appeared first on RocketNews.
  
  Read more

• 10-year Treasury yield climbs to 4.1% as traders mull Fed’s next rate move after CPI inflation data

  10-10-2024 20:13 via rocketnews.com
  Treasury yields were mixed Thursday as traders wrestled with the Federal Reserve’s likely next steps on interest rates after September’s slightly stickier consumer-price index inflation report.
  Article Attribution | Read More at Article Source
  The post 10-year Treasury yield climbs to 4.1% as traders mull Fed’s next rate move after CPI inflation data appeared first on RocketNews.
  
  Read more

• How the presidential election is playing havoc with stock-market volatility

  10-10-2024 19:21 via rocketnews.com
  The VIX is getting jolted as Election Day nears.
  Article Attribution | Read More at Article Source
  The post How the presidential election is playing havoc with stock-market volatility appeared first on RocketNews.
  
  Read more

• These tips for investing in mutual funds and ETFs give your portfolio an open road

  10-10-2024 19:19 via rocketnews.com
  Bond funds, AI ETFs and small-cap stocks in focus.
  Article Attribution | Read More at Article Source
  The post These tips for investing in mutual funds and ETFs give your portfolio an open road appeared first on RocketNews.
  
  Read more

• Advertisement

• ‘It’s so unfair!’ I’m miserable in my job. I’m 58 and have $1 million in a 401(k) and Roth IRA. Can I afford to quit?

  10-10-2024 19:19 via rocketnews.com
  “Currently, I live comfortably on $5,000 a month, but I could probably live on $3,500 a month.”
  Article Attribution | Read More at Article Source
  The post ‘It’s so unfair!’ I’m miserable in my job. I’m 58 and have $1 million in a 401(k) and Roth IRA. Can I afford to quit? appeared first on RocketNews.
  
  Read more

• Pfizer’s stock dips after two former execs say they won’t support Starboard

  10-10-2024 19:09 via rocketnews.com
  Activist investor Starboard Value claims the pharma giant’s former CEO and CFO were “threatened” into backing current management.
  Article Attribution | Read More at Article Source
  The post Pfizer’s stock dips after two former execs say they won’t support Starboard appeared first on RocketNews.
  
  Read more

• Columbus Day: Are banks and post offices open? Here’s what you need to know about Indigenous Peoples’ Day.

  10-10-2024 18:07 via rocketnews.com
  Monday is both Columbus Day and Indigenous Peoples’ Day, and there are several closures to monitor.
  Article Attribution | Read More at Article Source
  The post Columbus Day: Are banks and post offices open? Here’s what you need to know about Indigenous Peoples’ Day. appeared first on RocketNews.
  
  Read more

• Retail investor hype for AI stocks seems to be slowing down

  10-10-2024 15:00 via rocketnews.com
  Trading volumes for many AI stocks peaked earlier this year, and fell dramatically since.
  Article Attribution | Read More at Article Source
  The post Retail investor hype for AI stocks seems to be slowing down appeared first on RocketNews.
  
  Read more

• Tilray’s stock gains after earnings and upbeat outlook on cannabis legalization

  10-10-2024 14:40 via rocketnews.com
  Tilray’s stock gained Thursday, after the cannabis and beverage company reported a smaller loss than expected for its fiscal first quarter, although revenue came up short.
  Article Attribution | Read More at Article Source
  The post Tilray’s stock gains after earnings and upbeat outlook on cannabis legalization appeared first on RocketNews.
  
  Read more

• The Fed’s cutting rates. Here are three yield curve scenarios, and what they’d mean for the stock market

  10-10-2024 14:36 via rocketnews.com
  Tan Kai Xian, an analyst at financial research service Gavekal, says there are three scenarios for the yield curve, and for each he gives the implication for the U.S. stock market.
  Article Attribution | Read More at Article Source
  The post The Fed’s cutting rates. Here are three yield curve scenarios, and what they’d mean for the stock market appeared first on RocketNews.
  
  Read more

• Jobless claims surge to highest level in more than a year

  10-10-2024 14:36 via rocketnews.com
  Impact of Hurricane Helene seen as claims rise 33,000 to 258,000
  Article Attribution | Read More at Article Source
  The post Jobless claims surge to highest level in more than a year appeared first on RocketNews.
  
  Read more

• LiteFinance Adds 16 More Cryptocurrency Pairs

  10-10-2024 13:20 via litefinance.org
  
  Dear Clients,LiteFinance is pleased to announce the addition of new cryptocurrency pairs for trading on its platforms. This extension reflects our commitment to providing traders with a wide range of assets, offering more opportunities for portfolio diversification and trading strategy implementation.Symbol Trading asset Contract size Margin percentage APTUSD Aptos vs US dollar 100 0.2% ARUSD Arweave vs US dollar 1000 0.2% ARBUSD Arbitrum vs US dollar 10000 0.2% FTMUSD Fantom vs US dollar 10000
  
  Read more

• Pound Plunges Against BoE Head Remarks. Forecast as of 10.10.2024

  10-10-2024 12:02 via litefinance.org
  
  The BOE head's dovish comments and robust US employment statistics for September prompted GBPUSD bulls to retreat. What are the implications for the market? Let's discuss this topic and develop a trading plan.Highlights and key points The Bank of England may act more aggressively. The synchronized pace of monetary expansion has hurt the GBPUSD pair. Divergence in GDP growth will determine the currency pair's trajectory. The pound may sag to 1.295 and 1.283.Weekly fundamental forecast for pound s
  
  Read more

• Utilities stocks were Wall Street’s hottest trade this year. Are they at risk of fizzling out?

  10-10-2024 12:00 via rocketnews.com
  Utilities have been on a dazzling run in 2024 — but some believe rockier times lie ahead.
  Article Attribution | Read More at Article Source
  The post Utilities stocks were Wall Street’s hottest trade this year. Are they at risk of fizzling out? appeared first on RocketNews.
  
  Read more

• Groceries are more affordable now than in 2019. So why are people still so mad about prices?

  10-10-2024 12:00 via rocketnews.com
  For the average worker, grocery prices are about as affordable as they were pre-pandemic. But the costs are still a sore spot for consumers — and a focus in the 2024 election.
  Article Attribution | Read More at Article Source
  The post Groceries are more affordable now than in 2019. So why are people still so mad about prices? appeared first on RocketNews.
  
  Read more

• Inflation still slowing, CPI to show, but some warning signs might flash

  10-10-2024 11:57 via rocketnews.com
  The rate of U.S. inflation is likely to slow again in September, but fresh doubts have emerged about whether the Federal Reserve can hit its 2% target earlier than expected.
  Article Attribution | Read More at Article Source
  The post Inflation still slowing, CPI to show, but some warning signs might flash appeared first on RocketNews.
  
  Read more

• Short-term Analysis for Oil, Gold, and EURUSD for 10.10.2024

  10-10-2024 09:28 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.Gold continues to correct within a short-term uptrend.Highlights and key pointsUSCrude: Oil's short-term uptrend has reversed. The bearish target is the Target Zone 68.92 - 68.02. XAUUSD: Gold continues to trade in correction within a short-term uptrend.
  
  Read more

• Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 10.10.2024

  10-10-2024 08:58 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 pointsThe market continues evolving according to the previous forecasts. BTCUSD: the rate is expected to decline in impulse C. Consider short positions from the current level with Take Profit at 50,650.00. XRPUSD: as an ascending correction (B) is presumably unfolding, consider long positions with Take Profit at 0.580. ETHUSD: the price is expect
  
  Read more

• US Dollar Posts Longest Winning Streak. Forecast as of 10.10.2024

  10-10-2024 08:31 via litefinance.org
  
  Thanks to the robust labor market, the US dollar has recorded its longest winning streak since April 2022. The September FOMC minutes did not scare EURUSD bears. Will US inflation be curbed? Let's discuss this topic and make a trading plan.Highlights and key points The Fed recalibrated monetary policy in September. Some FOMC members were ready to vote for a 25 bps cut. If US inflation stops slowing, the rate will remain at 5% in November. The EURUSD pair continues to move towards 1.085.Weekly US
  
  Read more

• This is your brain on screens: Phones and computers are fueling a FOMO epidemic

  10-10-2024 00:47 via rocketnews.com
  The more we get lost in Big Tech’s digital world, the less satisfied and more isolated we become.
  Article Attribution | Read More at Article Source
  The post This is your brain on screens: Phones and computers are fueling a FOMO epidemic appeared first on RocketNews.
  
  Read more

• ‘I want the calls and letters to stop’: My mother died owing $17,000 in credit-card debt. The creditors want their money. Will I have to sell her house?

  10-10-2024 00:34 via rocketnews.com
  “My mom passed away in May from Alzheimer’s. I was her primary caretaker.”
  Article Attribution | Read More at Article Source
  The post ‘I want the calls and letters to stop’: My mother died owing $17,000 in credit-card debt. The creditors want their money. Will I have to sell her house? appeared first on RocketNews.
  
  Read more

• ‘This was a money grab’: My uncle took over the family business — and left my father out in the cold. Can I claim our inheritance?

  10-10-2024 00:32 via rocketnews.com
  “When my grandfather passed away, my uncle continued running the business and, at that point, he decided that my father would not receive any financial inheritance.”
  Article Attribution | Read More at Article Source
  The post ‘This was a money grab’: My uncle took over the family business — and left my father out in the cold. Can I claim our inheritance? appeared first on RocketNews.
  
  Read more

• ‘She can’t even buy groceries or put gas in her car’: My friend’s husband died, leaving her with three young children, no job and $15,000 in credit-card debt

  10-10-2024 00:28 via rocketnews.com
  “She is planning to sell their house and should net between $75,000 and $100,000 on the sale of the property.”
  Article Attribution | Read More at Article Source
  The post ‘She can’t even buy groceries or put gas in her car’: My friend’s husband died, leaving her with three young children, no job and $15,000 in credit-card debt appeared first on RocketNews.
  
  Read more

Follow @news_analyst on Twitter!