Analyst news

• Google becomes the latest tech giant to strike a nuclear-power deal for AI

  14-10-2024 23:24 via rocketnews.com
  Amazon, Microsoft and Oracle all have nuclear arrangements of their own as tech companies seek clean-energy solutions for AI’s massive power needs.
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• The dollar is rallying because investors are making a ‘down payment’ on a Trump election victory

  14-10-2024 20:57 via rocketnews.com
  The U.S. dollar has been strengthening in part because investors are growing more confident Donald Trump will be victorious in the Nov. 5 presidential election, according to one Wall Street strategist.
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• Hint of ‘very high’ consumer inflation expectations raises risks for Treasury market

  14-10-2024 20:51 via rocketnews.com
  Buried inside last Friday’s data from the University of Michigan was a shocking inflation outlook from a small segment of consumers — one that is causing some nervousness about whether Treasury-market traders are underestimating the upside risks to prices.
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• Why Saudi Arabia may ‘open the spigot’ on oil production — and crater crude prices

  14-10-2024 20:37 via rocketnews.com
  The possibly that Saudi Arabia will lift the “floodgates” on its oil production has climbed in recent weeks, fueled by ”deteriorating cohesion” among the group of major oil producers known as OPEC+, according to a report from Capital Economics released Monday.
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• This 401(k) lawsuit showcases the power of a 50-year-old law 

  14-10-2024 20:27 via rocketnews.com
  Erisa laid the foundation for retirement security, but more laws will bolster it in the years to come.
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• Elon Musk finally revealed Tesla’s Cybercab. Has he seen what Waymo is up to?

  14-10-2024 20:17 via rocketnews.com
  Critics of Tesla and Musk will not be silenced until the company’s autonomous vehicles are on the streets.
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• A stock-market upside breakout is just around the corner. Be patient.

  14-10-2024 20:15 via rocketnews.com
  Market indicators are calling for near-term caution but intermediate-term bullishness.
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• These stock-market watchers love this sector — and it’s not technology

  14-10-2024 19:58 via rocketnews.com
  My report on stocks and funds popular among top-performing investment newsletters
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• The bull market is entering its 3rd year. Here’s what history says will happen next.

  14-10-2024 19:41 via rocketnews.com
  U.S. stocks were kicking off their third year in the bull market with the S&P 500 touching a fresh record high on Monday afternoon — but history suggests investors need to be prepared for a potential setback in the coming 12 months. 
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• After Trump vs. Harris election, these bitcoin traders expect rally to $100,000

  14-10-2024 19:10 via rocketnews.com
  Bitcoin options traders expect limited volatility around the U.S. presidential election on Nov. 5, but anticipate a year-end rally that could carry the crypto as high as $100,000.
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• How to make money on stocks that look ripe for 2024 tax-loss selling

  14-10-2024 17:42 via rocketnews.com
  These 20 stocks are being unfairly punished. They’ll likely bounce back in January.
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• I’m planning to loan my son money to build a house — he was priced out of the housing market. What could go wrong?

  14-10-2024 17:40 via rocketnews.com
  ”I haven’t heard of anyone doing this, so I’m not sure it’s even legal.”
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• Junk-rated companies face record refinancing needs above $2 trillion through 2029, Moody’s says

  14-10-2024 17:28 via rocketnews.com
  Barring an economic slowdown, market conditions are still favorable, with interest rates expected to continue to come down and investors expected to be receptive to credit markets
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• AMD’s AI punches are landing where it counts — against Nvidia

  14-10-2024 17:23 via rocketnews.com
  Not every AI customer wants or can afford Nvidia’s powerhouse Blackwell chip.
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• Southwest’s stock falls after activist calls special meeting to elect new board

  14-10-2024 17:19 via rocketnews.com
  Southwest Airlines’ stock took a turn lower Monday, after activist investor Elliott Investment Management called for a special meeting to give shareholders a chance to elect “a completely independent” board of directors.
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• Longboard Pharmaceuticals’ stock soars amid Lundbeck’s $2.6 billion deal to acquire the company

  14-10-2024 16:50 via rocketnews.com
  H. Lundbeck plans to acquire Longboard Pharmaceuticals in a $2.6 billion deal, the companies announced Monday.
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• Oil prices slump after China offers little detail on stimulus plans

  14-10-2024 16:25 via rocketnews.com
  Oil futures slumped Monday, poised to give back nearly all of last week’s gains after a weekend announcement by Chinese authorities failed to provide details on a stimulus plan sufficient to reassure investors nervous about crude demand.
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• General Motors says Barclays will replace Goldman Sachs as rewards-card issuer starting next summer

  14-10-2024 14:44 via rocketnews.com
  The cards give members the opportunity to earn and redeem awards on new Chevrolet, Cadillac, Buick and GMC vehicles, including GM’s line of electric vehicles.
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• Yen to Take a Load Off. Forecast as of 14.10.2024

  14-10-2024 12:23 via litefinance.org
  
  The Japanese government’s verbal interventions have driven USDJPY 7% up from its September trough amid the strength of the U.S. economy. The officials are now gradually backing away from their attacks on the BoJ. Let’s discuss it and make a trading plan.Highlights and key points The Japanese government is not against raising the overnight rate. BoJ will not delay policy normalization without reason. The potential for the yen to weaken is limited. USDJPY growth to 150.7-151 and 152.2
  
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• Italy’s top bank fires clerk accused of accessing prime minister’s account info

  14-10-2024 11:46 via rocketnews.com
  Intesa Sanpaolo apologized for the breaches that allegedly saw a mid-level bank clerk access information linked to the accounts of thousands of high-profile figures including Italy’s prime minister
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• Boeing to lay off thousands of workers, warns of quarterly loss and weaker sales

  14-10-2024 11:27 via rocketnews.com
  Boeing surprised markets late Friday with news that it plans to cut about 10% of its workforce, and warned investors that it is looking at a much bigger third-quarter loss and weaker sales than Wall Street expected.
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• ‘He views me as an outsider’: My partner has cognitive decline. He made $750,000 in unnecessary expenses. How can I stop him from wiping us out?

  14-10-2024 11:07 via rocketnews.com
  “Some of these expenditures were along the lines of ‘Guess what I bought today?’ bad surprises.”
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• Why Lisa Marie Presley kept her son’s body in her home for 2 months after his death

  14-10-2024 11:04 via rocketnews.com
  In a newly released memoir, Elvis Presley’s late daughter posthumously reveals how she wanted to keep her child close while grieving.
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• The strange past of the real estate investor who bought Kanye West’s gutted Malibu mansion

  14-10-2024 11:02 via rocketnews.com
  The investor who purchased the Malibu home has come forward to share more details about his plans for it—and how his criminal past led him to get involved in real estate.
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• Chinese stocks see mixed reaction to stimulus press conference

  14-10-2024 10:43 via rocketnews.com
  Chinese stocks had a mixed reaction Monday to a press conference over the weekend where officials promised further action but didn’t deliver a clear number on how much the country would spend in doing so.
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• Hedge-fund manager who could be Trump Treasury secretary says tariffs can be negotiated lower

  14-10-2024 09:58 via rocketnews.com
  A hedge-fund manager who is reported to be in the running to be Treasury secretary if former President Donald Trump is re-elected said in an interview that a proposed across-the-board tariff rise — of up to 20% — would be for negotiating purposes.
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• Short-term Analysis for Oil, Gold, and EURUSD for 14.10.2024

  14-10-2024 09:29 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 is trading in a short-term downtrend.Highlights and key pointsUSCrude: short trades on oil opened at the resistance (A) 76.09 - 75.64 have reached the first target today. The next target is the 71.15. XAUUSD: gold is testing the resistance 2663 - 265
  
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• Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 14.10.2024

  14-10-2024 08:59 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 forecast. BTCUSD: expect a downward impulse move. Consider short positions from the current level, with Take Profit at a low of 52,622.00. XRPUSD: an actionary wave [Z] may end near a low of 0.427. Short positions with Take Profit at 0.427 are recommended. ETHUSD: the price continues droppi
  
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• Dollar Overreacts to Data. Forecast as of 14.10.2024

  14-10-2024 08:41 via litefinance.org
  
  The Fed's data-dependent policy has increased the EURUSD’s sensitivity to macrostatistics. However, basing trading decisions solely on the latest data may lead to mistakes. Let's discuss this and make a trading plan.Highlights and key points Data sensitivity drives volatility for the U.S. dollar. The greenback has been overreacting to recent data releases. An eventual return to deflation threatens the euro's value. Selling EURUSD on a rise with a target of 1.085 could be the best strategy.
  
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