Analyst news

• If Musk and Trump want to cut federal spending by $2 trillion, they’ll have to come for Social Security and Medicare

  29-10-2024 22:30 via rocketnews.com
  Musk is talking big cuts. Something’s got to give.
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• Elon Musk’s xAI startup said to eye funding round, valuing the company at this much

  29-10-2024 22:28 via rocketnews.com
  xAI is in talks with investors for a funding round, the Wall Street Journal reported.
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• Reddit’s stock soars after social-media platform turns a profit, beats Q3 sales and earnings estimates

  29-10-2024 22:25 via rocketnews.com
  Reddit said Tuesday that it turned a profit in its third quarter — a first for the social-media platform since becoming a public company earlier this year.
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• Looking for a job on LinkedIn? AI could be reading your profile — and recommending it to recruiters.

  29-10-2024 22:10 via rocketnews.com
  The professional networking site is debuting a new AI-powered hiring tool that can sort, rank and message potential candidates for recruiters.
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• Visa gets a boost from higher payment volumes and transactions

  29-10-2024 22:03 via rocketnews.com
  Shares of Visa Inc. rise more than 2% in the extended session Tuesday as company sees “stable growth” across its business.
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• Snap shares rise after results come in better than expected

  29-10-2024 21:49 via rocketnews.com
  Shares of Snap Inc. rose after hours on Tuesday after the social-media platform reported third-quarter results that beat expectations and said its board authorized a stock buyback of up to $500 million.
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• Chipotle sales trends come up short, and stock falls

  29-10-2024 21:30 via rocketnews.com
  Shares of Chipotle Mexican Grill Inc. fell after hours on Tuesday after the Mexican fast-casual chain reported quarterly sales trends that were a bit weaker than expected.
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• Here’s a sign that profit growth for America’s biggest companies might be about to take off

  29-10-2024 21:26 via rocketnews.com
  Corporate executives are dropping hints that the pace of profit growth could be poised to take off in 2025, according to a team of analysts at Bank of America Global Research.
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• 7% mortgage rates are a warning about who will win the election, economist says

  29-10-2024 21:18 via rocketnews.com
  Mark Zandi of Moody’s Analytics says rising mortgage rates offer clues about how investors are considering the postelection future of the U.S. economy
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• 10-year Treasury yield crosses ‘line in the sand’ that begins to spell trouble for stocks

  29-10-2024 21:10 via rocketnews.com
  An early bond-market selloff pushed the benchmark 10-year Treasury yield just over 4.3% for much of Tuesday’s session, a level which stocks have had a difficult time adjusting to over the past year.
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• Chip stocks are ready for a big rally, based on this ‘truly unusual’ data point

  29-10-2024 19:52 via rocketnews.com
  History suggests it’s highly likely that chip stocks will outperform their software rivals over the next several months.
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• Tips from JPMorgan Chase, Fidelity and other retirement-portfolio managers on managing your money no matter who wins the election

  29-10-2024 16:59 via rocketnews.com
  There’s a lot of messaging going on, but you still have to read between the lines.
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• JetBlue’s stock tumbles as downbeat revenue outlook raises risk of more losses

  29-10-2024 16:50 via rocketnews.com
  JetBlue’s stock sinks after Q3 results beat expectations but the Q4 revenue outlook disappointed.
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• McDonald’s CEO apologizes for E. coli outbreak, as fast-food giant’s earnings beat estimates

  29-10-2024 16:47 via rocketnews.com
  McDonald’s is encouraged by signs of progress in the third quarter.
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• These are the swing states where groceries and housing cost the most: ‘People are still stuck with sticker shock.’

  29-10-2024 16:30 via rocketnews.com
  MarketWatch looked at affordability challenges for swing-state voters. Here’s what we found.
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• Icahn Enterprises’ stock slides 14% as majority-owned CVR Energy suspends its dividend

  29-10-2024 16:30 via rocketnews.com
  Icahn Enterprises LP’s stock fell 4% early Tuesday, after CVR Energy Inc., in which it owns a 66% stake, said it would suspend its third-quarter dividend, as unplanned outages and a weak macro environment pressured earnings.
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• Pfizer’s earnings crush estimates as company raises guidance

  29-10-2024 16:21 via rocketnews.com
  Drug company Pfizer saw strong growth for its heart-disease drugs and migraine treatment.
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• Royal Caribbean CEO: Americans are ‘wealthier than ever’ and love to travel

  29-10-2024 16:11 via rocketnews.com
  Royal Caribbean’s stock pulls back from a record after revenue, profit outlook for the current quarter disappoint.
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• Stock-market investors have ‘no clear playbook’ for Harris election win. Here’s why.

  29-10-2024 16:02 via rocketnews.com
  A victory by Vice President Kamala Harris over Donald Trump next week might leave investors temporarily lost, says a closely followed Wall Street research analyst.
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• Job openings in the U.S. fall to the lowest level in 3½ years

  29-10-2024 15:44 via rocketnews.com
  U.S. job openings fell in September to a three-and-a-half year low as as the demand for labor ebbed and businesses waited for the economy to speed up.
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• Home prices hit a new record high, but the pace of growth is slowing significantly and ‘showing signs of strain’ 

  29-10-2024 14:00 via rocketnews.com
  Case-Shiller 20-city home price index rose 5.2% year-on-year in August.
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• These two ‘low tax’ states are getting socked with fast-rising property taxes

  29-10-2024 13:59 via rocketnews.com
  Nationally, property taxes in major cities have gone up 30% since 2019, according to a new Redfin analysis.
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• Trade goods deficit in goods surges to 2 1/2 year high and could weigh on U.S. GDP

  29-10-2024 13:50 via rocketnews.com
  The U.S. trade deficit in goods jumped 15% in September to 2 1/2-year high, a much larger increase than expected that could shave some growth off gross domestic product in the third quarter.
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• The bond market is rarely this volatile outside of a crisis. Blame the U.S. election.

  29-10-2024 13:40 via rocketnews.com
  Options that expire soon after the Nov. 5 point to election jitters roiling bonds
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• SoFi’s stock looks poised to keep roaring as earnings show surge in loan volumes

  29-10-2024 13:39 via rocketnews.com
  Analysts called out improvement in credit performance as a major positive coming out of SoFi’s third-quarter report.
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• 5 things to know about the new airline-refund rules that just went into effect

  29-10-2024 13:35 via rocketnews.com
  The rules requires that passengers receive automatic refunds when flights are cancelled or delayed
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• PayPal beat big on a profit metric, but here’s why its stock is falling

  29-10-2024 13:24 via rocketnews.com
  PayPal’s fourth-quarter revenue view came in below expectations. The company said it’s focusing on “profitable growth.”
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• Icahn Enterprises’ stock slides 4% as majority-owned CVR Energy suspends its dividend

  29-10-2024 13:20 via rocketnews.com
  Icahn Enterprises LP’s stock fell 4% early Tuesday, after CVR Energy Inc., in which it owns a 66% stake, said it would suspend its third-quarter dividend, as unplanned outages and a weak macro environment pressured earnings.
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• Want Americans to be healthier? Offer universal paid family leave, pediatrician group says

  29-10-2024 11:00 via rocketnews.com
  Paid family and medical leave “has the power to improve an entire generation’s health,” American Academy of Pediatrics says.
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• Gold Climbs Higher Despite Strong Headwinds. Forecast as of 29.10.2024

  29-10-2024 10:42 via litefinance.org
  
  Amid record-high prices, China has significantly reduced its gold purchases. However, the market tends to seize every opportunity, and investors are eager to buy gold as there is no tomorrow. Let's discuss this topic and make a trading plan.Highlights and key points Massive rate cuts are more important for gold than a strong US dollar. US Treasury yield growth results from concerns about the government debt's future. Waning demand in China does not stop XAUUSD bulls. The precious metal can grow
  
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• Short-term Analysis for Oil, Gold, and EURUSD for 29.10.2024

  29-10-2024 08:15 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 trade in a short-term uptrend.Highlights and key pointsUSCrude: oil is maintaining its short-term downtrend. XAUUSD: gold may set a new historical high. EURUSD: the euro is trading slightly above the Target Zone 1.0794 - 1.0777. An upward co
  
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• Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 29.10.2024

  29-10-2024 07:59 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 points BTCUSD: Linking wave (X) appears to continue unfolding, presumably to a high of 71,954.63. Consider long positions from the current level with Take Profit at 71,954.63 XRPUSD: Impulse 3 is expected to reach 0.426. Consider short positions with Take Profit at 0.426. ETHUSD: A bearish impulse may end near the previous low. Consider sell
  
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• EURUSD May See Another Sell-Off. Forecast as of 29.10.2024

  29-10-2024 07:45 via litefinance.org
  
  EURUSD bears will use disappointing economic data for the US dollar to initiate more short trades. In the current economic climate, the so-called Trump trade is a more significant factor than others. Let's discuss this topic and make a trading plan.Highlights and key points Protectionism and high interest rates will slow the global economy. Under Donald Trump, US government debt will rise to 116% from 99% of GDP. 10-year Treasury yields rallying to 5% will support the US dollar. The EURUSD pair
  
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• Boot Barn stock slides after CEO departure announcement, but Western-wear retailer’s forecast is more upbeat

  29-10-2024 01:12 via rocketnews.com
  Western-themed retail chain Boot Barn Holdings Inc. on Monday said its chief executive would be leaving next month, while forecasting better sales and profits for the full year.
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• Vans maker VF Corp. rallies 23% on results, and CEO says he feels good about Q3

  29-10-2024 01:11 via rocketnews.com
  Shares of VF Corp. rocketed higher after hours on Monday after the parent company of Vans and the North Face reported second-quarter results that beat expectations, as it looks to tighten up operations and get out from under billions in debt following losses and weaker sneaker demand.
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