Analyst news

• CSX stock sees biggest drop in 3 years after railroad warns of hurricane impact, discloses SEC subpoena

  17-10-2024 23:07 via rocketnews.com
  Shares of CSX Corp. booked their biggest percentage drop in more than three years after the railroad operator on Wednesday said the fourth quarter would be “more challenging” in the wake of falling fuel prices, weaker coal demand and two massive hurricanes in the Southeast.
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• S&P 500 looks solid here — but the VIX is sending mixed signals

  17-10-2024 23:04 via rocketnews.com
  S&P 500 looks solid, and charts are positive for Amphenol, APA, wheat and Walgreens.
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• ‘I’m convinced the U.S. will be drawn into World War III’: How do I prepare my finances?

  17-10-2024 23:03 via rocketnews.com
  “I believe this to be a legitimate concern. I would prefer a politically neutral answer.”
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• Intuitive Surgical’s stock rises after third-quarter results beat on jump in robotic surgeries

  17-10-2024 22:59 via rocketnews.com
  Shares of Intuitive Surgical Inc. jumped after hours on Thursday after the company reported third-quarter results that beat Wall Street’s expectations, helped by wider adoption of its robotic-surgery equipment.
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• Nvidia’s stock sets one record but falls short of another

  17-10-2024 22:55 via rocketnews.com
  While TSMC issued upbeat commentary on the state of the AI market, Wall Street perhaps already had that confidence.
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• These tips for investing in mutual funds and ETFs give your portfolio a lift

  17-10-2024 22:39 via rocketnews.com
  Winning managers share stock-market secrets and Big Tech powers the utilities sector.
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• Trump tariffs: These states would be hit hardest by proposed import taxes

  17-10-2024 22:13 via rocketnews.com
  Donald Trump’s most controversial economic-policy proposal is to institute a 10% tariff on all products and materials imported from abroad, a move that would upend decades of U.S. trade policy and potentially spark tit-for-tat trade wars with American allies and adversaries alike.
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• 30-year Treasury yield ends at highest since July after retail-sales, jobless data point to strong economy

  17-10-2024 22:06 via rocketnews.com
  U.S. government debt sold off on Thursday, sending Treasury yields up from their lowest levels in almost two weeks, after data on retail sales and jobless claims pointed to ongoing strength in the U.S. economy.
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• Oil prices rise as U.S. supply posts a surprise decline, but trend ‘favors the bears’

  17-10-2024 21:45 via rocketnews.com
  Crude futures finished higher on Thursday for the first time in five sessions, supported in part by an unexpected decline in last week’s U.S. crude inventories, which followed sizeable back-to-back weekly gains.
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• My sisters want to hide $170,000 of our mother’s money from Medicaid by adding their names to her bank account. What should I do?

  17-10-2024 21:11 via rocketnews.com
  “The probate attorney says I could ask the court to remove sister No. 3 as co-executor, since she has acted unethically and illegally.”
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• Travelers’ stock soars as earnings triple despite record catastrophe losses

  17-10-2024 20:31 via rocketnews.com
  ravelers’ stock surges toward another record after earnings beat expectations by a wide margin, amid a sharp improvement in underlying profitability.
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• Weight-loss drugs may reduce opioid and alcohol abuse by up to 50%, study finds

  17-10-2024 20:30 via rocketnews.com
  Weight-loss drugs such as Ozempic, made by Denmark’s Novo Nordisk, can reduce rates of opioid and alcohol abuse by up to 50%, according to a new study that supports expectations the drugs can offer greater benefits than just weight and diabetes management.
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• CSX stock on pace for biggest drop in 3 years after railroad warns of hurricane impact, discloses SEC subpoena

  17-10-2024 20:22 via rocketnews.com
  Shares of CSX were on pace for their biggest percentage drop in more than three years after the railroad operator on Wednesday said the fourth quarter would be “more challenging” in the wake of falling fuel prices, weaker coal demand and two massive hurricanes in the Southeast.
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• America is doing better than the media or our politicians tell us. Here’s proof.

  17-10-2024 20:01 via rocketnews.com
  Washington, D.C. doesn’t work. You know what does? America itself.
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• Gold may not reach a price ceiling anytime soon. Here’s why.

  17-10-2024 19:56 via rocketnews.com
  The rally in gold showed little sign of a slowdown on Thursday, even as futures prices for the precious metal touched their highest intraday level on record — for the 33rd time so far this year.
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• Alabama man arrested in hack of SEC’s X account that sent bitcoin price skyrocketing

  17-10-2024 19:49 via rocketnews.com
  Prosecutors said Eric Council was part of a SIM-swapping scheme that granted him access to the SEC’s social-media account.
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• The stock market still leans to this candidate winning the presidential election

  17-10-2024 19:44 via rocketnews.com
  The Dow’s indication of who will win the U.S. presidency deserves to be taken seriously.
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• Coinbase bonds swept up in crypto rally as Kamala Harris backs regulatory framework

  17-10-2024 19:37 via rocketnews.com
  Coinbase bonds have been rallying this week along with other crypto assets after Vice President Kamala Harris pledged to support a regulatory framework for sector.
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• NYSE stocks at new highs pump the market — but the VIX is sending mixed signals

  17-10-2024 19:33 via rocketnews.com
  S&P 500 looks solid, and charts are positive for Amphenol, APA, wheat and Walgreens.
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• Meet the Gen Z author and economic commentator who coined the term ‘vibecession’

  17-10-2024 19:32 via rocketnews.com
  There are some imbalances in the economy that the Fed won’t be able to fix, Kyla Scanlon told MarketWatch — and until then, the bad vibes might continue.
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• ‘A disappointment to home buyers’: Mortgage rates surge to a two-month high

  17-10-2024 18:02 via rocketnews.com
  The 30-year mortgage rate is averaging 6.44%, Freddie Mac said in its latest weekly survey on Thursday.
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• Elevance Health’s stock slumps 13% as profit dented by ‘unprecedented’ Medicaid challenges

  17-10-2024 17:44 via rocketnews.com
  Elevance Health Inc.’s stock tumbled 13% Thursday and weighed on rivals after the health insurer’s third-quarter profit fell short of estimates amid ”unprecedented” challenges in the Medicaid business.
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• Jobless claims retreat after last week’s sharp increase

  17-10-2024 15:09 via rocketnews.com
  One week after hitting the highest level in more than a year, initial jobless claims retreated by 19,000 to 241,000, the Labor Department said Thursday.
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• Meet the London fund turning Norway’s hydro sector into an investment

  17-10-2024 14:59 via rocketnews.com
  The world needs more hydropower to hit its net-zero goals. Here’s how Augusta & Co. is helping to get there.
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• Student debt cancelled for 1 million public servants, as other relief remains in limbo

  17-10-2024 14:53 via rocketnews.com
  Biden administration touts the milestone while courts are blocking other parts of the White House’s student-loan agenda
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• Philadelphia Fed’s factory gauge jumps in October

  17-10-2024 14:51 via rocketnews.com
  Index rises to 10.3, second straight monthly gain
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• Battle-tested in crisis, Lorie Logan emerges as the Fed’s steady hand in a time of great uncertainty

  17-10-2024 14:46 via rocketnews.com
  Lorie Logan, the president of the Dallas Fed, has experience steering the economy during 9/11, the financial crisis and COVID-19.
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• A French crypto whale backing Trump may be moving markets many times its size

  17-10-2024 14:37 via rocketnews.com
  There’s something funny going on in betting markets that seems to be leaking out into banking stocks, the dollar and Treasury yields.
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• Retail sales post solid gain in September

  17-10-2024 14:35 via rocketnews.com
  Sales up 0.4%, above market forecasts
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• Novavax’s stock slides 19% after FDA puts clinical hold on COVID and flu vaccine candidates

  17-10-2024 14:35 via rocketnews.com
  Novavax Inc.’s stock tumbled 19% early Wednesday after the company said the FDA has placed a clinical hold on its COVID-19-and-flu combination and stand-alone flu vaccine candidates, following a case of motor neuropathy in a participant in a mid-stage trial.
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• AbbVie wins FDA nod for infusion treatment for advanced Parkinson’s disease

  17-10-2024 14:33 via rocketnews.com
  Vyalev is the first subcutaneous 24-hour continuous infusion of levodopa-based therapy for advanced Parkinson’s disease.
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• Oil prices find a floor after 4-day slide despite disappointing Chinese stimulus

  17-10-2024 14:31 via rocketnews.com
  Crude futures stabilized on Thursday, trading modestly higher after sliding for four sessions, but skepticism surrounding the latest stimulus measures announced by China overnight helped keep a lid on prices, analysts said.
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• Pound sterling decelerates. Forecast as of 17.10.2024

  17-10-2024 12:57 via litefinance.org
  
  For much of the year, the pound sterling was the top-performing G10 currency due to the Bank of England's measured response to inflation. However, as the BoE neared its inflation target, the balance of power on Forex shifted. Let's discuss this topic and develop a trading plan for the GBPUSD pair.Highlights and key points The British wage rate has fallen below 5%. Inflation has dropped below the 2% target for the first time in three years. The odds of BoE's two monetary expansion rounds in
  
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• Treasury yields rise ahead of retail sales and jobless data

  17-10-2024 12:00 via rocketnews.com
  Bond yields rose early Thursday as traders awaited important updates on the health of the U.S. economy.
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• These ‘Shark Tank’ participants didn’t get a deal — and they are happy about it. Here’s why.

  17-10-2024 12:00 via rocketnews.com
  As the hit show begins its 16th season, here’s a look at how entrepreneurs increasingly view pitching the sharks.
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• TSMC CEO says AI is not in a bubble and its growth is for real

  17-10-2024 11:48 via rocketnews.com
  the chief executive of contract manufacturer Taiwan Semiconductor Manufacturing Co. says the artificial intelligence revolution is for real.
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• LVMH executive says it would be a mistake to offer more affordable products. Here’s why he’s right.

  17-10-2024 11:43 via rocketnews.com
  The comments come as the French luxury brand saw a 3% sales decline this quarter.
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• Nestle says its sales are suffering due to Israel boycotts

  17-10-2024 11:40 via rocketnews.com
  The Swiss conglomerate said its sales growth had slowed due to consumer hesitancy as it outlined a shakeup of its board of executives under new CEO Laurent Freixe
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• Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 17.10.2024

  17-10-2024 09:29 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 the previous high again. Consider long positions from the current level with Take Profit at 69,426.31. XRPUSD: a correction is expected to end near 0.581. Consider long positions with Take Profit at 0.581. ETHUSD: the price may rise to the previous high. Consider buying from the current level with Take Pr
  
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• Short-term Analysis for Oil, Gold, and EURUSD for 17.10.2024

  17-10-2024 09:06 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 short-term downtrend.Highlights and key pointsUSCrude: oil continues to trade in a short-term downtrend. The bearish target is the lower Target Zone 68.92 - 68.02. XAUUSD: gold is about to exceed its historical high. EURUSD: t
  
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• Euro on the Edge: Trading Strategies in a Weak Economy. Forecast as of 17.10.2024

  17-10-2024 08:46 via litefinance.org
  
  The euro is sinking as the economy is weak, deflation looms on the horizon, and Donald Trump's chances of winning are growing fast. However, it can be the best time to buy when everyone else is selling. Let's discuss it and make a trading plan for EURUSD.Highlights and key points The pound's fall in response to slowing inflation has also sunk the euro. Trump's election victory will lead to higher rates in the U.S. Frankfurt has no choice but to loosen monetary policy. EURUSD will soar to 1.0955
  
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• Congratulations to People of Myanmar on Full Moon Day of Thadingyut

  17-10-2024 03:00 via litefinance.org
  
  Dear Clients,We would like to extend our sincerest congratulations to you on the Full Moon Day of Thadingyut. During this time, we recognize the importance of honoring our elders and expressing gratitude for their wisdom, guidance, and the strength of our family ties. We hope that this joyous holiday will bring you peace, harmony, and happiness. May the light of the full moon illuminate your path, inspiring and strengthening you as you pursue new achievements.With warmest wishes,LiteFinance Read
  
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• Expedia stock jumps on report of acquisition interest by Uber

  17-10-2024 02:35 via rocketnews.com
  Shares of Expedia Group Inc. jumped more than 7% in after-hours trading Wednesday after the Financial Times reported Uber Technologies Inc. was consideringa bid to buy the online travel company.
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• Lucid sees bigger losses ahead, and its stock drops 12%

  17-10-2024 02:03 via rocketnews.com
  Shares of Lucid Group Inc. fall 12% in the extended session Wednesday after the EV maker called for larger-than-expected operational losses and quarterly revenue that would be slightly ahead of forecast.
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• Your parents’ Medicare decisions could come back to haunt you

  17-10-2024 01:39 via rocketnews.com
  Adult children may regret not paying attention to these healthcare choices.
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• Elon Musk selects Omead Afshar to lead Tesla’s North America, Europe operations: report

  17-10-2024 00:58 via rocketnews.com
  Amid slumping share prices and electric-vehicle demand, Tesla Inc. Chief Executive Elon Musk has reportedly shaken things up at the company’s business in North America and Europe.
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• Retail investors are trading stocks like the pros — so brokers are giving them the tools they want

  17-10-2024 00:30 via rocketnews.com
  As retail investors get more sophisticated, Robinhood has tried to, as well.
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• A lot of your personal wealth is tied up in your employer. How to spread out the risk.

  17-10-2024 00:02 via rocketnews.com
  Direct indexing and individualized portfolios can help an investor avoid overexposure to an employer’s stock
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