Analyst news

• GM’s Cruise to pay at least $8 million to woman hit by robotaxi: reports

  15-05-2024 22:44 via rocketnews.com
  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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• Stock market wobbles, then recovers, as investors digest PCE inflation report

  31-05-2024 22:17 via rocketnews.com
  Investors were trying to balance everything from typical month-end squaring of stock positions to Salesforce Inc.’s revenue guidance on Thursday, Friday’s April PCE inflation print, and even the guilty verdict against former U.S. President Donald Trump.
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  [mwai_chat context=”Let’s have a discussion about this article:nnInvestors were trying to balance everything from typical month-end squaring of stock positions to Salesforc
  
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• Treasury yields drop in May by most in five months after Fed’s preferred inflation indicator shows some signs of cooling

  31-05-2024 21:45 via rocketnews.com
  Rates on U.S. government debt posted the biggest monthly declines of 2024 on Friday after the monthly core reading from the Federal Reserve’s preferred inflation measure had its slowest increase of this year.
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  [mwai_chat context=”Let’s have a discussion about this article:nnRates on U.S. government debt posted the biggest monthly declines of 2024 on Friday after the monthly core reading from the Federal Reserve’s preferred
  
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• Why stock-market gains seen after April’s PCE inflation report faded so fast

  31-05-2024 19:34 via rocketnews.com
  Investors were trying to balance everything from typical month-end squaring of stock positions to Salesforce Inc.’s revenue guidance on Thursday, Friday’s April PCE inflation print, and even the guilty verdict against former U.S. President Donald Trump.
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  [mwai_chat context=”Let’s have a discussion about this article:nnInvestors were trying to balance everything from typical month-end squaring of stock positions to Salesforc
  
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• Trump campaign says it raised $35 million after guilty verdict, nearly doubling its prior record

  31-05-2024 18:02 via rocketnews.com
  Donald Trump’s 2024 presidential campaign said it’s enjoying record success with fundraising after a jury found him guilty on all 34 counts in his Manhattan hush-money case.
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  [mwai_chat context=”Let’s have a discussion about this article:nnDonald Trump’s 2024 presidential campaign said it’s enjoying record success with fundraising after a jury found him guilty on all 34 counts in his Manhatta
  
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• Moderna wins second product approval with RSV vaccine

  31-05-2024 17:56 via rocketnews.com
  Moderna’s respiratory syncytial virus vaccine for older adults received U.S. regulatory approval, the company said Friday, marking the first time a messenger RNA vaccine has been approved for a disease other than COVID-19.
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  [mwai_chat context=”Let’s have a discussion about this article:nnModerna’s respiratory syncytial virus vaccine for older adults received U.S. regulatory approval, the company said Friday, marking the fir
  
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• Nvidia 10:1 stock split planned

  31-05-2024 17:26 via litefinance.org
  
  Dear Clients,We inform you about upcoming changes in the parameters of the #NVDA trading instrument in connection with the split of Nvidia shares.Nvidia's Board of Directors has approved a 10-for-1 stock split of #NVDA, scheduled for June 7, 2024, after the close of trading in the United States.Therefore, the price of #NVDA shares at the time of the split will be reduced by ten times in proportion to the split.If you have open positions on #NVDA, please consider the following:The volume of posit
  
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• Trump raises $35 million after guilty verdict as donors crash website

  31-05-2024 16:49 via rocketnews.com
  Donald Trump’s 2024 presidential campaign said it’s enjoying record success with fundraising after a jury found him guilty on all 34 counts in his Manhattan hush-money case.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnDonald Trump’s 2024 presidential campaign said it’s enjoying record success with fundraising after a jury found him guilty on all 34 counts in his Manhatta
  
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• USDJPY Forecast for 2024, 2025-2030 and Beyond

  31-05-2024 16:29 via litefinance.org
  
  The USDJPY is one of the most traded currency pairs in Forex. It's popular with both traders and investors. The pair’s rate is determined by the economic situation in the USA and Japan and by global financial and political developments. Most experts predict the USDJPY will grow soon.This article analyzes the USDJPY pair and expert opinions regarding its exchange rate in the next few years and beyond. These insights will help you develop a profit-yielding trading strategy.Highlights and Key
  
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• XAUUSD: Elliott wave analysis and forecast for 31.05.24 – 07.06.24

  31-05-2024 13:50 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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• Oil prices steady as traders await OPEC+ decision on production cuts

  31-05-2024 13:34 via rocketnews.com
  Oil futures were little changed early Friday, but were on track for their first monthly declines of 2024 as traders fretted over gasoline demand and awaited a weekend decision on production cuts by the Organization of the Petroleum Exporting Countries and its allies.
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  [mwai_chat context=”Let’s have a discussion about this article:nnOil futures were little changed early Friday, but were on track for their first monthly declines of 2024
  
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• Costco doesn’t raise membership fees, says $1.50 price for hot dogs is safe

  31-05-2024 13:26 via rocketnews.com
  Costco Wholesale Corp. reported fiscal third-quarter profit, revenue and same-store sales that all beat Wall Street forecasts, but shares of the membership-based warehouse retailer pulled back from a record high.
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  [mwai_chat context=”Let’s have a discussion about this article:nnCostco Wholesale Corp. reported fiscal third-quarter profit, revenue and same-store sales that all beat Wall Street forecasts, but shares of the membership-base
  
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• WTI Crude Oil: Elliott wave analysis and forecast for 31.05.24 – 07.06.24

  31-05-2024 13:20 via litefinance.org
  
  Main scenario: consider short positions from corrections below the level of 87.75 with a target of 67.60 – 57.00.Alternative scenario: breakout and consolidation above the level of 87.75 will allow the asset to continue rising to the levels of 94.00 – 100.00.Analysis: supposedly, a downward correction continues developing as second wave of larger degree (2) on the daily chart, with wave С of (2) unfolding as its part. Apparently, an ascending correction is completed as second w
  
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• Trump pledges to stop wind energy. Here’s what may be ahead for the sector.

  31-05-2024 13:00 via rocketnews.com
  Presumptive GOP presidential nominee Donald Trump has promised to squelch offshore wind development on his first day back in office with an executive order. Analysts are forecasting what could be ahead for wind energy.
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  [mwai_chat context=”Let’s have a discussion about this article:nnPresumptive GOP presidential nominee Donald Trump has promised to squelch offshore wind development on his first day back in office with an executive orde
  
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• USDJPY: Elliott wave analysis and forecast for 31.05.24 – 07.06.24

  31-05-2024 12:50 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 153.45 with a target of 161.50 – 167.00.Alternative scenario: breakout and consolidation below the level of 153.45 will allow the pair to continue declining to the levels of 150.70 – 146.44.Analysis: an ascending wave of larger degree C continues forming on the daily chart, with fifth wave (5) of C unfolding as its part. The third wave 3 of (5) is unfolding on the H4 time frame, with first wave of smaller degr
  
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• GBPUSD: Elliott wave analysis and forecast for 31.05.24 – 07.06.24

  31-05-2024 12:20 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 1.2666 with a target of 1.2910 – 1.3155.Alternative scenario: breakout and consolidation below the level of 1.2666 will allow the pair to continue declining to the levels of 1.2447 – 1.2294.Analysis: the first wave of larger degree (1) is presumably formed, a correction developed as second wave (2), and the ascending third wave (3) started unfolding on the daily chart. On the H4 chart, wave 1 of (3) is formed,
  
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• Pound may regain lost ground. Forecast as of 31.05.2024

  31-05-2024 11:53 via litefinance.org
  
  At the end of spring, GBPUSD bulls retreated due to the rising US Treasury yields, but they are not going to give up early. The pound has plenty of trump cards to play. Let's discuss that and make a trading plan for GBPUSD.Weekly fundamental forecast for pound sterlingUnlike previous years when there was a clear Forex favorite, the two G10 currencies continue to go head-to-head in 2024, taking turns to lead the race. A rapid rise in US Treasury yields has returned the leading position
  
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• EURUSD: Elliott wave analysis and forecast for 31.05.24 – 07.06.24

  31-05-2024 11:50 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 1.0788 with a target of 1.0978 – 1.1141.Alternative scenario: breakout and consolidation below the level of 1.0788 will allow the pair to continue declining to the levels of 1.0720 – 1.0591.Analysis: an ascending wave B is presumably developing on the daily chart, with first wave 1 of (A) of B and corrective second wave 2 of (A) of B formed within. Apparently, the third wave 3 of (A) of B is developing on the
  
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• USDCHF: Elliott wave analysis and forecast for 31.05.24 – 07.06.24

  31-05-2024 11:20 via litefinance.org
  
  Main scenario: consider short positions from corrections below the level of 0.9161 with a target of 0.8325 – 0.8050. Alternative scenario: breakout and consolidation above the level of 0.9161 will allow the pair to continue rising to the levels of 0.9451 – 0.9838.Analysis: the downside fifth wave of larger degree (5) is presumably unfolding on the daily time frame. As its part, wave 1 of (5) is formed, a bullish correction is completed as second wave 2 of (5), and the third wave
  
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• Cathie Wood’s ARK Invest doubles down on UiPath as software firm’s stock price crashes

  31-05-2024 11:03 via rocketnews.com
  The asset manager, which is focused on disruptive technologies, bought $28 million worth of UiPath stock as shares in the company fell 34% on news its CEO would be stepping down
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe asset manager, which is focused on disruptive technologies, bought $28 million worth of UiPath stock as shares in the company fell 34% on news its CEO would be stepping downnnDiscussion:nn&rd
  
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• USDCAD: Elliott wave analysis and forecast for 31.05.24 – 07.06.24

  31-05-2024 10:51 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 1.3586 with a target of 1.4000 – 1.4200. Alternative scenario: breakout and consolidation below the level of 1.3586 will allow the pair to continue declining to the levels of 1.3354 – 1.3170.Analysis: the ascending first wave of larger degree (1) continues developing on the daily time frame, with wave 5 of (1) forming as its part. The third wave of smaller degree iii of 5 is developing on the H4 chart, wi
  
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• The euro will make a storm in a teacup. Forecast as of 31.05.2024

  31-05-2024 09:13 via litefinance.org
  
  Rising treasury yields, falling stock indices, and the Donald Trump factor support the EURUSD bears. However, the bulls have their trump cards, too. How will the pair react to inflation in such a situation? Let’s discuss it and make a trading plan.Weekly fundamental forecast for euroBut if it weren't for bad luck, they wouldn't have any luck at all. Eighteen months ago, Donald Trump's chances of returning to the White House looked minimal after a surprisingly successful midterm election fo
  
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• Short-term analysis for oil, gold, and EURUSD for 31.05.2024

  31-05-2024 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 is trying to continue to rise from support (A) 1.0811 - 1.0802.Oil price forecast for today: USCrude analysisOil continues to decline within the short-term downtrend. The downside target is the May 24 low. If the price consolidates below this level,
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 31.05.2024

  31-05-2024 09:04 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 BitcoinThe impulse made of subwaves [1]-[2]-[3]-[4]-[5] continues forming in Bitcoin's chart as in previous days. The subwaves [1]-[2]-[3]-[4] have formed for now. The first subwave (1) may be developing as part of wave [5]. Correction 4 is presumably completed as part of impulse (1), and the price is now growing in subwave 5, probably to 74,911.17.Tradi
  
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• Elon Musk’s pay package ‘outsized,’ proxy adviser says, urging shareholders to say no

  31-05-2024 06:19 via rocketnews.com
  A second proxy adviser has come out against Tesla Inc.’s Chief Executive Elon Musk’s pay package, dealing the EV maker another blow as it tries to win shareholder support for a slew of proposals at its June meeting.
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  [mwai_chat context=”Let’s have a discussion about this article:nnA second proxy adviser has come out against Tesla Inc.’s Chief Executive Elon Musk’s pay package, dealing the EV maker another blow a
  
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• Gap’s stock jumps 23% as the retailer swings to profit and raises guidance

  31-05-2024 02:24 via rocketnews.com
  Gap Inc. shares rallied in the extended session Thursday after the retailer reported first-quarter earnings and sales well above investors’ expectations, raised its guidance for the year and pared down its inventory.
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  [mwai_chat context=”Let’s have a discussion about this article:nnGap Inc. shares rallied in the extended session Thursday after the retailer reported first-quarter earnings and sales well above investors’ expe
  
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• Gap’s stock jumps 20% as the retailer swings to profit and raises guidance

  30-05-2024 23:35 via rocketnews.com
  Gap Inc. shares rallied in the extended session Thursday after the retailer reported first-quarter earnings and sales well above investors’ expectations, raised its guidance for the year and pared down its inventory.
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  [mwai_chat context=”Let’s have a discussion about this article:nnGap Inc. shares rallied in the extended session Thursday after the retailer reported first-quarter earnings and sales well above investors’ expe
  
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• Even with guilty verdict, Trump unlikely to be put behind bars before November’s election

  30-05-2024 23:30 via rocketnews.com
  Even after being found guilty of trying to cover up hush-money payments to make stories of affairs go away, Donald Trump may well remain a free man until long past November’s election.
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  [mwai_chat context=”Let’s have a discussion about this article:nnEven after being found guilty of trying to cover up hush-money payments to make stories of affairs go away, Donald Trump may well remain a free man until long past November’s e
  
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• Costco beats profit and sales forecasts, but stock pulls back from record highs

  30-05-2024 23:29 via rocketnews.com
  Costco Wholesale Corp. reported fiscal third-quarter profit, revenue and same-store sales that all beat Wall Street forecasts, but shares of the membership-based warehouse retailer pulled back from a record high.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnCostco Wholesale Corp. reported fiscal third-quarter profit, revenue and same-store sales that all beat Wall Street forecasts, but shares of the membership-base
  
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• UnitedHealth’s ‘negligent’ cybersecurity needs FTC, SEC scrutiny, Wyden says

  30-05-2024 20:55 via rocketnews.com
  Senate Finance Committee chair Ron Wyden on Thursday called on the Federal Trade Commission and Securities and Exchange Commission to investigate UnitedHealth Group’s “negligent cybersecurity practices” in light of the cyberattack on the company’s Change Healthcare unit.
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  [mwai_chat context=”Let’s have a discussion about this article:nnSenate Finance Committee chair Ron Wyden on Thursday called on the Federal Tr
  
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