Analyst news

• These tips for investing in mutual funds and ETFs are a vote for your money

  07-11-2024 23:55 via rocketnews.com
  Cheap stocks, higher yields and other postelection portfolio moves to consider.
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• Overnight stock trading hit a record high on the night of the U.S. election

  07-11-2024 23:49 via rocketnews.com
  Brokerages that offer overnight and 24-hour trading saw a surge in volume on the night of the U.S. election.
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• Expedia shares rise after company raises full-year outlook, citing progress abroad amid travel-demand concerns

  07-11-2024 23:13 via rocketnews.com
  Shares of Expedia Group Inc. rallied after hours on Thursday after the travel-booking platform boosted its full-year outlook, helped by consumer demand and growth in advertising and its segment geared toward businesses.
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• Phunware narrows third-quarter loss amid revenue decline

  07-11-2024 23:06 via rocketnews.com
  Phunware Inc. reported a narrowed loss in the mobile-advertising company’s third-quarter results after market close Thursday, although net revenue declined sharply from the same period last year.
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• DraftKings cuts full-year outlook, citing unfavorable sports-betting outcomes

  07-11-2024 22:57 via rocketnews.com
  DraftKings stock falls as “customer-friendly” sports outcomes early in the current quarter led to a lowered full-year revenue outlook.
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• Pinterest’s stock tumbles as earnings show slim revenue beat

  07-11-2024 22:52 via rocketnews.com
  Pinterest Inc.’s stocktumbled 14% in after-hours trading Thursday after the company, which operates a platform for photo and video sharing, posted third-quarter earnings showing a slim revenue beat.
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• Rivian’s losses widen, but investors like hearing of ‘progress’ in next-gen EV

  07-11-2024 22:51 via rocketnews.com
  Rivian posted a wider loss and lower sales than Wall Street expected, but says it is making progress with its next-generation EV platform.
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• Affirm sees booming buy-now-pay-later growth, but stock dips after earnings

  07-11-2024 22:45 via rocketnews.com
  The company is seeing more of its business shift toward interest-bearing products.
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• Consumer credit posts small increase as Americans cut back on credit-card purchases

  07-11-2024 22:44 via rocketnews.com
  The amount of credit U.S. consumers used in September rose a scant 1.4%, but the increase was tied mostly to student loan as Americans scale back on borrowing.
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• ‘I’m devastated she didn’t win’: I voted for Kamala Harris. Am I disloyal for taking advantage of the Trump stock-market rally?

  07-11-2024 22:38 via rocketnews.com
  “Am I trading off my candidate’s loss? Does that make me a turncoat?”
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• 10-year Treasury yield remains below 4-month high as Fed’s Powell speaks

  07-11-2024 20:44 via rocketnews.com
  Yields on long-dated U.S. government debt continued to trade below their four-month highs on Thursday, after the Federal Reserve delivered a widely expected quarter-point interest-rate cut.
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• JPMorgan may be ‘best in class’ but it’s time to take profits, analyst says

  07-11-2024 20:24 via rocketnews.com
  Baird’s David A. George downgrades megabank to underperform because it’s “more than fully priced” at recent levels.
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• Why the stock market can count on another Fed rate cut in December

  07-11-2024 20:23 via rocketnews.com
  The trend in short-term rates leading up to the U.S. presidential election usually persists.
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• How to trade the post-election, post rate-cut melt-up

  07-11-2024 20:06 via rocketnews.com
  Stocks are set to rally further — but the bond market doesn’t like what it sees.
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• The bull market is ‘still an infant’: Why Evercore sees the S&P 500 at 6,600 by mid-2025

  07-11-2024 19:47 via rocketnews.com
  The stock-market rally still has room to run, as Donald Trump’s stunning comeback for the White House and a potential Republican sweep in Congress may propel the S&P 500 to 6,600 by mid-2025, according to Evercore ISI Research.
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• WK Kellogg’s stock soars as strength in granola and premium cereals boosts sales

  07-11-2024 19:30 via rocketnews.com
  WK Kellogg Co.’s stock was enjoying a record rally on Thursday, after the cereal company beat third-quarter earnings expectations as strength in premium granola sales helped mitigate price-conscious behavior by consumers.
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• ‘My father was a teetotaling, fair-minded, liberal-leaning capitalist’: And yet I allowed ‘friends’ to borrow $120K. How do I deal with the fallout?

  07-11-2024 19:25 via rocketnews.com
  “Of the original 10 I had earmarked for removal from my life, I’m still in contact with two.”
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• Stock-market bulls rely on 2016 ‘Trump trade’ playbook — but 2024 is very different

  07-11-2024 19:24 via rocketnews.com
  Investors relying on the 2016 “Trump trade” playbook ignore a very different 2024 backdrop for the economy and markets at their peril, a strategist warns.
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• Would the Fed ever rely on AI to decide interest rate moves? The risks are high.

  07-11-2024 19:15 via rocketnews.com
  Challenges of artificial intelligence directing U.S. central-bank decisions are substantial.
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• Papa John’s stock falls as same-store sales hurt by still-cash-strapped consumer

  07-11-2024 19:15 via rocketnews.com
  Pizza chain says it’s still operating in a challenging consumer environment.
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• Bitcoin bulls eye $100,000 by year-end after Trump win. But watch for this catch. 

  07-11-2024 17:55 via rocketnews.com
  Bitcoin’s rally to an all-time high on Wednesday could open the door for the crypto to reach as high as $100,000 by the end of the year, analysts said.
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• What a second Trump term means for retirement

  07-11-2024 17:51 via rocketnews.com
  Congress may have more impact than the president when it comes to retirement.
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• ‘I’m devastated she didn’t win’: I voted for Kamala Harris. Am I disloyal for taking advantage of the stock-market Trump rally?

  07-11-2024 17:46 via rocketnews.com
  “Am I trading off my candidate’s loss? Does that make me a turncoat?”
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  The post ‘I’m devastated she didn’t win’: I voted for Kamala Harris. Am I disloyal for taking advantage of the stock-market Trump rally? appeared first on RocketNews.
  
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• Hospital stays can be unhealthy for some patients. How to bring the hospital to your home.

  07-11-2024 17:43 via rocketnews.com
  It works best for those who need short-term hospitalization with relatively stable diagnoses
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• Trump is not expected to try to fire Fed Chair Powell

  07-11-2024 17:41 via rocketnews.com
  Federal Reserve watchers don’t think that President-elect Donald Trump will seek to remove Fed Chair Jerome Powell from his post before the central bank chief’s term ends in mid-2026.
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• Planet Fitness’s stock rises premarket as it beats profit and revenue estimates

  07-11-2024 14:58 via rocketnews.com
  Gym chain boosts its outlook for 2024 revenue growth.
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• Decoding Higher Highs and Lower Lows: Trading Basics

  07-11-2024 14:54 via litefinance.org
  
  Understanding higher highs and lower lows is crucial for trend prediction in technical analysis and trading. These chart patterns help identify and use ongoing market movements in trading strategies.This article will explain how to spot highs and lows in the world of trading, why they are key market indicators, and how to use them to improve your trading strategy. Key TakeawaysHigher Highs (HH) and Lower Lows (LL) help spot market trends. Higher Lows (HL) signal a potential trend rever
  
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• Band-Aid, Tylenol parent’s sales miss the mark amid weakness in skin health

  07-11-2024 14:49 via rocketnews.com
  Kenvue tops profit view but sales fall a bit shy, as skin health and beauty see weakness.
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• ‘I’m devastated she didn’t win’: I voted for Kamala Harris. Am I disloyal for taking advantage of the ‘Trump rally’?

  07-11-2024 14:47 via rocketnews.com
  “Am I trading off my candidate’s loss? Does that make me a turncoat?”
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  The post ‘I’m devastated she didn’t win’: I voted for Kamala Harris. Am I disloyal for taking advantage of the ‘Trump rally’? appeared first on RocketNews.
  
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• Jobless claims inch higher in latest week

  07-11-2024 14:45 via rocketnews.com
  Claims tick up 3,000 to 221,000 after three weeks of declines
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• Ralph Lauren’s stock jumps 6% after earnings blow past estimates

  07-11-2024 14:41 via rocketnews.com
  Global direct-to-consumer same-store sales rose 10%, driven by positive numbers across all regions.
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• U.S. economy’s secret weapon, productivity, rises sharply again

  07-11-2024 14:37 via rocketnews.com
  Third-quarter productivity increases at 2.2% pace
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• Krispy Kreme’s stock drops on earnings miss

  07-11-2024 14:19 via rocketnews.com
  Doughnut maker warns its full-year 2024 profit is expected to fall short of analyst estimates.
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• How Trump’s election could push this ‘Roaring 2020s’ stock market into the 2030s

  07-11-2024 14:10 via rocketnews.com
  Relaxed regulatory environment and lower corporate and income taxes under “Trump 2.0” should boost stock prices, economist Ed Yardeni says.
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• Warner Bros. Discovery posts upbeat Max subscriber growth, sending stock higher

  07-11-2024 14:03 via rocketnews.com
  The company also posted a profit for the third quarter, while analysts had been expecting a loss.
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• Hershey Co.’s stock dips as high cocoa prices eat into profit

  07-11-2024 13:59 via rocketnews.com
  Chocolate maker’s stock drops as its adjusted earnings miss analyst estimates.
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• U.S. stocks staged an epic rally after Trump won the election. What history says could happen before year-end.

  07-11-2024 12:00 via rocketnews.com
  Historically, stocks have tended to rise in the postelection period — and market analysts say they still have the potential to keep climbing through the rest of the year.
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• Pound Poised to Plunge Amid Economic Uncertainty. Forecast as of 07.11.2024

  07-11-2024 11:45 via litefinance.org
  
  The BoE is faced with the challenge of making crucial decisions in the context of ongoing uncertainty. The budget proposed by the Labour Party and Trump's proposed protectionist policies are likely to influence inflation in the UK. Let's discuss these topics and make a trading plan for the GBPUSD pair.Major takeaways The repo rate would be 50 bps lower without Labour's budget. UK inflation will accelerate to 3% in early 2025. The Bank of England will be forced to act slowly. The GBPUSD pair may
  
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• US Dollar Extends Gains Against Euro. Forecast as of 07.11.2024

  07-11-2024 09:35 via litefinance.org
  
  Donald Trump's policies will likely accelerate inflation in the US and dampen economic growth outside the country. As a result, the Fed will likely have to adopt a more cautious approach with regard to interest rate cuts, whereas the ECB may stick to a more proactive stance. Let's discuss this topic and make a trading plan for the EURUSD pair.Major takeaways Fiscal stimulus and trade duties will fuel inflation in the US. The Fed will be forced to pause rate cuts. Markets are speculating about th
  
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• Short-term Analysis for Oil, Gold, and EURUSD for 07.11.2024

  07-11-2024 08:27 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, gold's short-term uptrend reversed.Highlights and key pointsUSCrude: oil is testing the short-term downtrend's boundary 72.01 - 71.51 again. XAUUSD: gold's short-term uptrend has reversed. EURUSD: the euro is trading in a correction within the shor
  
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• Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 07.11.2024

  07-11-2024 08:18 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 has likely started rising within a bullish impulse. Consider long positions from the current level with Take Profit at 86,373.27. XRPUSD: The price is growing within correction (B). Consider long positions with Take Profit at 0.591. ETHUSD: The final part of the ascending wave X is expected to develop. Consider buying fro
  
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• Lyft shares soar 20% on results and autonomous-vehicle partnership

  07-11-2024 02:23 via rocketnews.com
  Lyft reported third-quarter sales that beat expectations while offering an upbeat demand forecast, after the ride-hailing platform earlier in the day announced an autonomous-vehicle partnership with Mobileye Global Inc.
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• Gilead’s third-quarter earnings beat by a wide margin, and biotech raises guidance

  07-11-2024 02:22 via rocketnews.com
  Gilead Sciences Inc.’s stock rose 2.7% in after-hours trading Wednesday, after the biotech blew past third-quarter earnings estimates and raised its guidance, boosted by demand for its HIV and COVID-19 treatments.
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• Qualcomm’s rosy forecast sends stock surging, and more buybacks may be on deck

  07-11-2024 02:20 via rocketnews.com
  Qualcomm is upping its buyback program by $15 billion after repurchasing more than $4 billion in stock last fiscal year.
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• Try Your Luck in Lucky Ticket Draw Exclusively for Taiwan

  07-11-2024 02:00 via litefinance.org
  
  Dear clients,LiteFinance launches Lucky Ticket Draw in Taiwan! Between 07.11.2024 and 07.02.2025, our clients from Taiwan will have a chance to win one of 19 amazing prizes: Main prize – Gogoro Scooter JEGO; iPhone 16 Pro 256GB; iPad Air 5 64GB; Playstation 5; Five AirPods 3rd Gen; 10 Travel Vouchers worth $100 each.All participants of the raffle will also receive a 30% tradable deposit bonus on their account. Don't miss out on this lucrative offer!How to participate in the draw? Deposit a
  
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