Analyst news

• Disney Stock Forecast: 2024 and Beyond

  28-03-2024 14:03 via litefinance.org
  
  Disney stocks have been a favorite among investors for decades. After all, The Walt Disney Company is a steady member of major US indices, such as the S&P 500 (it’s not included in the Nasdaq 100 index, however). Disney released the first-quarter figures of its broken fiscal year in February. It shows that the entertainment company was able to deliver a profit per share of 32 cents, while analysts had foreseen a loss. The turnover of $16.25 billion was also higher than the consens
  
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• Why the post-Fed stock-market rally is raising fresh inflation questions

  16-05-2024 20:53
  The issue is whether Fed Chair Jerome Powell’s post-meeting remarks on May 1 — in which he said the central bank’s next move is “unlikely” to be a rate hike — are now easing financial conditions by so much that this ends up stalling progress on inflation.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe issue is whether Fed Chair Jerome Powell’s post-meeting remarks on May
  
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• Let Buffett’s Pilot truck stops set up EV chargers, not the government, GOP Sen. Tillis says

  16-05-2024 20:34
  Washington’s three-year-old bipartisan infrastructure law has drawn flak for not delivering a lot of chargers for electric vehicles, but Republican Sen. Thom Tillis of North Carolina said Thursday that he views that as a good feature of the law, not a shortcoming.
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  [mwai_chat context=”Let’s have a discussion about this article:nnWashington’s three-year-old bipartisan infrastructure law has drawn flak for not delivering a lo
  
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• Regional representative office opened in Mongolia

  16-05-2024 14:49 via litefinance.org
  
  Dear clients,We are pleased to announce the opening of LiteFinance's official representative office in Ulaanbaatar, Mongolia.LiteFinance's clients can now consult with LiteFinance's experts in the regional office in Mongolia. Our team is ready to advise you on how to register a trading account and start trading. LiteFinance’s managers will also introduce the customers from Mongolia to the company's unique services and ongoing trading contests.Moreover, the new office will host seminars on
  
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• Bridgewater CEO warns of complacency as geopolitics shifts

  16-05-2024 14:46
  Nir Bar Dea, chief executive officer at Bridgewater Associates, says his firm gets lots of market calls wrong, and investors need to acknowledge that they will be wrong a lot, too.
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  [mwai_chat context=”Let’s have a discussion about this article:nnNir Bar Dea, chief executive officer at Bridgewater Associates, says his firm gets lots of market calls wrong, and investors need to acknowledge that they will be wrong a lot, too.nnDiscussion
  
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• Import prices post biggest increase in two years and add to U.S. inflation pressures

  16-05-2024 14:41
  The cost of imported goods rose in April for the fourth month in a row and increased at the fastest pace in two years, reflecting the persistence of elevated U.S. inflation.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe cost of imported goods rose in April for the fourth month in a row and increased at the fastest pace in two years, reflecting the persistence of elevated U.S. inflation.nnDiscussion:nn” ai_
  
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• Nio’s stock gains as J.P. Morgan analyst gives two reasons to stop selling

  16-05-2024 14:34
  China-based electric vehicle maker Nio’s stock resumed its rally on Thursday, after J.P. Morgan’s Nick Lai recommended investors stop selling, three months after he had turned bearish.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnChina-based electric vehicle maker Nio’s stock resumed its rally on Thursday, after J.P. Morgan’s Nick Lai recommended investors stop selling, three months after he
  
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• Jobless claims subside from 8-month high and signal layoffs are still low

  16-05-2024 14:34
  The number of Americans who applied for unemployment benefits last week fell by 10,000 to 222,000 and indicated the U.S. is still experiencing a low level of layoffs.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe number of Americans who applied for unemployment benefits last week fell by 10,000 to 222,000 and indicated the U.S. is still experiencing a low level of layoffs.nnDiscussion:nn” ai_name=”Ro
  
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• Pound reinforces its position. Forecast as of 16.05.2024

  16-05-2024 12:23 via litefinance.org
  
  Many believed that the British pound would plummet after the Bank of England's hints of monetary easing. However, the GBPUSD pair is hardly afraid of a rate cut, as it is buoyed by the fact that the UK economy is taking off. Let’s discuss that and make a trading plan for GBPUSD.Monthly fundamental forecast for pound sterlingWhat does not kill us makes us stronger, as the saying goes. It has been a while since central banks have signaled an easing of monetary policy. Andrew Bailey said
  
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• Ubisoft shares slump after guidance disappoints

  16-05-2024 11:08
  Shares of “Assassin’s Creed” maker Ubisoft Entertainment plunged Thursday after the group set guidance below analysts’ expectations for the current quarter, signaling a slow start to the new fiscal year following a strong fourth quarter.
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  [mwai_chat context=”Let’s have a discussion about this article:nnShares of “Assassin’s Creed” maker Ubisoft Entertainment plunged Thursday after the group set
  
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• GBP to AUD Forecast for 2024, 2025-2030 and Beyond

  16-05-2024 09:20 via litefinance.org
  
  Embarking on the GBP to AUD currency forecast, it's evident that navigating this pair is a complex task filled with inherent volatility. Various sources offer insights, depicting fluctuations and subtle long-term trends in the currency market. The forecasts collectively suggest a journey of ups and downs for the GBP to AUD exchange rate, with periods of both appreciation and depreciation marked by the ever-present uncertainty of Forex trading.The question, "Are GBP AUD prices expected to go up o
  
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• Short-term analysis for oil, gold, and EURUSD for 16.05.2024

  16-05-2024 09:11 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 will continue its short-term uptrend.Oil price forecast for today: USCrude analysisOil's short-term downtrend continued yesterday. As a result, the price reached below the May 8 low. The asset failed to break through the Target Zone 77.11 - 76.12. In
  
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• Dollar lost the battle. Did it lose the war? Forecast as of 16.05.2024

  16-05-2024 09:07 via litefinance.org
  
  The Fed will cut rates in 2024, as suggested by inflation resuming a downtrend. However, that doesn't mean monetary expansion will start today. What does it mean for the EURUSD? Let’s discuss it and make a trading plan.Monthly fundamental forecast for the dollarThe good news is that the EURUSD's downtrend has been broken. The bad news is that moving up will be more difficult than in the first half of May. The proof is that three major US stock indexes have soared to record highs simultaneo
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 16.05.2024

  16-05-2024 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.Elliott Wave analysis for BitcoinBitcoin's price continues forming correction [4], made of subwaves (W)-(X)-(Y)-(XX)-(Z). The first three parts are completed. The second linking wave (XX) is currently unfolding and may form as a regular zigzag A-B-C. Impulse A and correction B look completed. The price is likely rising in impulse C towards the high at 67,231.19, marked by correct
  
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• Bond-market rally may not be over after inflation report brings ‘massive relief’

  15-05-2024 23:32
  The U.S bond market broadly rose on Wednesday, paring its losses this year after fresh inflation added fuel to investor hopes that the Federal Reserve may cut interest rates in 2024.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe U.S bond market broadly rose on Wednesday, paring its losses this year after fresh inflation added fuel to investor hopes that the Federal Reserve may cut interest rates in 2024.nnDiscus
  
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• Michael Burry’s Scion dumps Alphabet and Amazon, buys shares of gold ETF

  15-05-2024 23:13
  Michael Burry’s Scion Asset Management dumped positions in Alphabet Inc. and Amazon.com Inc. during the first quarter while buying shares of an exchange-traded fund that invests in physical gold.
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  [mwai_chat context=”Let’s have a discussion about this article:nnMichael Burry’s Scion Asset Management dumped positions in Alphabet Inc. and Amazon.com Inc. during the first quarter while buying shares of an exchange-traded fund
  
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• Appaloosa takes new stake in Boeing, sours on GM

  15-05-2024 22:46
  David Tepper’s Appaloosa hedge fund took new stakes in Boeing Co. and LyftInc., to name a few of its fresh bets, and sold off the General Motors Co. stake it had snapped up only a few months ago, according to a filing with the Securities and Exchange Commission late Wednesday.
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  [mwai_chat context=”Let’s have a discussion about this article:nnDavid Tepper’s Appaloosa hedge fund took new stakes in Boeing Co. and LyftInc., to
  
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• GM’s Cruise to pay at least $8 million to woman hit by robotaxi: reports

  15-05-2024 22:44
  Cruise, the self-driving-vehicle unit of General Motors Co., has reportedly reached a settlement for between $8 million and $12 million with a pedestrian who was struck and severely injured by one of its robotaxis last year.
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  [mwai_chat context=”Let’s have a discussion about this article:nnCruise, the self-driving-vehicle unit of General Motors Co., has reportedly reached a settlement for between $8 million and $12 million with a pedes
  
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• JPMorgan is buying NYCB loans partly to help smaller bank’s turnaround: source

  15-05-2024 20:34
  New York Community Bancorp’s stock gave back recent gains Wednesday on the heels of a $5 billion loan sale to JPMorgan Chase & Co., which marks a fresh move in the bank’s plan to turn a profit.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnNew York Community Bancorp’s stock gave back recent gains Wednesday on the heels of a $5 billion loan sale to JPMorgan Chase & Co., which marks a fresh m
  
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• Silver posts highest close in 11 years, gold at 3-week high as CPI data show slowdown in inflation

  15-05-2024 20:31
  Silver futures post their highest settlement since 2013 on Wednesday, and gold futures rallied, after U.S. government data revealed a slowdown in the rate of inflation, feeding expectations for interest-rate cuts this year.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnSilver futures post their highest settlement since 2013 on Wednesday, and gold futures rallied, after U.S. government data revealed a slowdown in the
  
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• Warren urges Biden to target grocery chains over high prices. But there’s debate over how much chains are to blame.

  15-05-2024 20:27
  Sen. Elizabeth Warren and dozens of other Democratic lawmakers have pushed this week for President Joe Biden to use his executive authority to drive grocery chains toward lowering their prices.
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  [mwai_chat context=”Let’s have a discussion about this article:nnSen. Elizabeth Warren and dozens of other Democratic lawmakers have pushed this week for President Joe Biden to use his executive authority to drive grocery chains toward lowering
  
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• Nio’s stock skids, even though new U.S. tariffs on China EVs aren’t a concern

  15-05-2024 20:27
  Shares of Nio Inc. pulled a U-turn to trade sharply lower Wednesday, wiping out the bulk of their gains made in the wake of the Biden administration’s new tariffs on electric-vehicle imports from China.
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  [mwai_chat context=”Let’s have a discussion about this article:nnShares of Nio Inc. pulled a U-turn to trade sharply lower Wednesday, wiping out the bulk of their gains made in the wake of the Biden administration’s new tar
  
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• The soft economic data has been bad. The hard data is starting to weaken as well.

  15-05-2024 18:01
  Surveys of consumers as well asbusinesses have been pessimistic for some time. Now the hard data, such as the retail-sales report for April, is starting to weaken as well, though it’s still much better than what the so-called soft data is suggesting.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnSurveys of consumers as well asbusinesses have been pessimistic for some time. Now the hard data, such as the retail
  
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• Child care costs more than a mortgage payment or rent almost everywhere in the U.S.: ‘There is no escaping it’

  15-05-2024 18:00
  The average cost of child care for two children is now greater than the average rent in all 50 states, and greater than the average mortgage payment in 45 states.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe average cost of child care for two children is now greater than the average rent in all 50 states, and greater than the average mortgage payment in 45 states.nnDiscussion:nn” ai_name=”RocketNews
  
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• Economic calendar for the week 20.05.2024 – 26.05.2024

  15-05-2024 14:53 via litefinance.org
  
  The US stock market remains bullish and the dollar retains positive dynamics despite the fact that the market still expects 2 interest rate cuts this year. This coming week, minutes of the May meeting of the US Central Bank will be published, and market participants will probably be able to better understand the prospects for its monetary policy.As some Fed officials previously stated, if consumer inflation in the United States stabilizes above the target of 2.0% or continues to grow significant
  
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• Get ready for more S&P 500 highs, but bigger dips, says faithful S&P 500 bull

  15-05-2024 14:38
  The Kobeissi Letter’s Adam Kobeissi has been a faithful and largely accurate bull since the S&P 500’s October lows. He’s still bullish but says get ready for some choppiness.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnThe Kobeissi Letter’s Adam Kobeissi has been a faithful and largely accurate bull since the S&P 500’s October lows. He’s still bullish
  
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• The 5 changes to the 401(k) that could make a big difference to your retirement

  15-05-2024 14:32
  From blocking preretirement withdrawals to accounting for long-term care of family members, improving the nation’s most popular retirement-investing tool is one of the Best New Ideas in Money.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnFrom blocking preretirement withdrawals to accounting for long-term care of family members, improving the nation’s most popular retirement-investing tool is one of the
  
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• New York State’s Empire State factory gauge weakens further in May

  15-05-2024 14:30
  The New York Fed’s Empire State business conditions index, a gauge of manufacturing activity in the state, fell 1.3 points in May to negative 15.6, the regional Fed bank said Wednesday.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnThe New York Fed’s Empire State business conditions index, a gauge of manufacturing activity in the state, fell 1.3 points in May to negative 15.6, the regional Fed bank said
  
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• 3M’s new lowered dividend yield is still double the S&P 500’s

  15-05-2024 14:20
  3M’s stock pulled back slightly from a 15-month high on Wednesday, after the consumer and industrial products company cut its quarterly dividend by more than half in the wake of the spinoff of its healthcare business.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nn3M’s stock pulled back slightly from a 15-month high on Wednesday, after the consumer and industrial products company cut its quarterly dividen
  
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• XAUUSD: Elliott wave analysis and forecast for 10.05.24 – 17.05.24

  15-05-2024 14:00 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 2277.15 with a target of 2500.00 – 2560.00.Alternative scenario: breakout and consolidation below the level of 2277.15 will allow the pair to continue declining to the levels of 2154.83 – 2019.86.Analysis: a descending correction appears to have formed as the fourth wave (4) of larger degree on the daily chart. The fifth wave (5) is unfolding, with first wave 3 of (5) forming as its part. Apparently, the third
  
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