• Jobless claims flat at 212,000 and still show no sign of rising layoffs

    The number of Americans who applied for unemployment benefits last week was unchanged at 212,000,reflecting a surprisingly resilient labor market in which layoffs and unemployment are very low.
    Article Attribution | Read More at Article Source
    [mwai_chat context=”Let’s have a discussion about this article:nnThe number of Americans who applied for unemployment benefits last week was unchanged at 212,000,reflecting a surprisingly resilient labor market in which layoffs and unemployment
  • Treasury yields edge lower as Fed’s Powell speaks to reporters

    Yields on U.S. government debt continued to drift slightly lower during Federal Reserve Chairman Jerome Powell’s post-meeting press conference on Wednesday, as traders gauged the likely impact of higher-for-longer interest rates on the economy.
    Article Attribution | Read More at Article Source
    [mwai_chat context=”Let’s have a discussion about this article:nnYields on U.S. government debt continued to drift slightly lower during Federal Reserve Chairman Jerome Powell’s pos
  • Cannabis stocks pull back after rallying on DEA’s plans to reclassify marijuana

    Canopy Growth Corp., Tilray Brands Inc. and Curaleaf Holdings Inc. were among cannabis stocks that were sliding into the red on Wednesday, a day after news of the federal government’s plans to reclassify marijuana.
    Article Attribution | Read More at Article Source
    [mwai_chat context=”Let’s have a discussion about this article:nnCanopy Growth Corp., Tilray Brands Inc. and Curaleaf Holdings Inc. were among cannabis stocks that were sliding into the red on Wednesday, a day after n
  • Garmin’s stock soars toward best day in four years as fitness-tracker sales boom

    Garmin Ltd.’s stock soared12% Wednesday to put it on track for its biggest one-day gain in more than four years, after the maker of navigation devices and fitness trackers swept past earnings estimates for the first quarter.
    Article Attribution | Read More at Article Source
    [mwai_chat context=”Let’s have a discussion about this article:nnGarmin Ltd.’s stock soared12% Wednesday to put it on track for its biggest one-day gain in more than four years, after the maker of navi
  • Advertisement

  • UnitedHealth CEO faces Change Healthcare hack scrutiny on Capitol Hill

    UnitedHealth Group’s dominance in the U.S. healthcare industry was in the spotlight on Capitol Hill Wednesday as its CEO faced two Congressional hearings on the cyberattack on its Change Healthcare unit.
    Article Attribution | Read More at Article Source
    [mwai_chat context=”Let’s have a discussion about this article:nnUnitedHealth Group’s dominance in the U.S. healthcare industry was in the spotlight on Capitol Hill Wednesday as its CEO faced two Congressional hearings on
  • Job openings in the U.S. fall to the lowest level in three years

    The number of job openings in the U.S. fell to 8.5 million in March and touched the lowest level in more than three years, suggesting the demand for labor is slowly waning.
    Article Attribution | Read More at Article Source
    [mwai_chat context=”Let’s have a discussion about this article:nnThe number of job openings in the U.S. fell to 8.5 million in March and touched the lowest level in more than three years, suggesting the demand for labor is slowly waning.nnDiscussion:nn” ai_na
  • CVS’s stock suffers biggest drop in 15 years as Medicare Advantage issues weigh on results

    Shares of CVS Health Corp. plunged Wednesday toward their biggest selloff in 15 years, after the pharmacy and healthcare-services company missed first-quarter earnings expectations as the Medicare Advantage business weighed heavily on results.
    Article Attribution | Read More at Article Source
    [mwai_chat context=”Let’s have a discussion about this article:nnShares of CVS Health Corp. plunged Wednesday toward their biggest selloff in 15 years, after the pharmacy and healthcare-services
  • Aussie fell sharply. Forecast as of 01.05.2024

    Aussie fell sharply. Forecast as of 01.05.2024
    AUDUSD's rapid rally ended with the bulls' defeat. The pair plummeted amid an unexpected decline in retail sales in Australia, significantly reducing the likelihood of RBA rate hikes. Let's discuss this topic and make up a trading plan.Weekly Australian dollar fundamental forecastStable Australian inflation in the first quarter led to significant changes in the market's outlook on the cash rate's fate. The chances of a rate cut in December were minimized, while the probability of the RBA re
  • Advertisement

  • Adakah Fed akan menghapuskan harapan EURUSD? Ramalan pada 01.05.2024

    Adakah Fed akan menghapuskan harapan EURUSD? Ramalan pada 01.05.2024
    Walaupun dijangka Fed akan mengekalkan kadar tanpa perubahan pada mesyuarat keenam berturut-turut, perubahan dalam prospeknya mungkin akan merampas harapan lembu EURUSD untuk sebarang pembetulan. Mari kita bincangkan dan merangka pelan perdagangan.Ramalan fundamental mingguan untuk euroLakukanlah apa yang perlu dilakukan, seperti pepatah Cina kuno berkata. Fed mengikuti hikmah itu dengan bersedia untuk meninggalkan kadar dana fed tanpa perubahan pada mesyuarat keenam berturut-turut. Walau bagaim
  • The incredible homes of Taylor Swift’s ex-boyfriends (or tortured poets?)

    From John Mayer’s Beverly Hills mansion to a chic Tribeca building where 2 of her rumored exes reside, we rounded up the real estate of Swift’s former romances.
    Article Attribution | Read More at Article Source
    [mwai_chat context=”Let’s have a discussion about this article:nnFrom John Mayer’s Beverly Hills mansion to a chic Tribeca building where 2 of her rumored exes reside, we rounded up the real estate of Swift’s former romance
  • Treasury yields hold near 2024 highs as traders eye Fed decision

    U.S. bond yields were little changed early Wednesday, holding near five-month highs as investors expect the Federal Reserve to affirm market predictions that a rate cut may not be coming until much later in the year.
    Article Attribution | Read More at Article Source
    [mwai_chat context=”Let’s have a discussion about this article:nnU.S. bond yields were little changed early Wednesday, holding near five-month highs as investors expect the Federal Reserve to affirm market predictions tha
  • Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 01.05.2024

    Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 01.05.2024
    Dear readers,I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.Elliott Wave analysis for BitcoinA complex correction (4) continues forming in Bitcoin's chart. As part of it, an actionary wave Y is likely continuing developing. An impulse wave [C] of Y may end at 59,183.37, and the price will rise in linking wave XX. So, we can consider longs at the ending of the wave Y. A Take Profit can be set at 67,627.92, where the size of the w
  • Will the Fed take away the EURUSD's hope? Forecast as of 01.05.2024

    Will the Fed take away the EURUSD's hope? Forecast as of 01.05.2024
    Although the Fed is expected to leave rates unchanged at the sixth consecutive meeting, a change in its outlook may deprive the EURUSD bulls of any hopes for a correction. Let’s discuss it and make a trading plan.Weekly fundamental forecast for euroDo nothing, and everything will be done, an ancient Chinese proverb says. The Fed follows that wisdom as it's ready to leave the fed funds rate unchanged at the sixth meeting in a row. Nevertheless, markets are bracing themselves for shocks. Opt
  • Short-term analysis for oil, gold, and EURUSD for 01.05.2024

    Short-term analysis for oil, gold, and EURUSD for 01.05.2024
    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 short-term euro downtrend continues.Oil price forecast for today: USCrude analysisThe short-term trend reversed down yesterday. Support (B) 82.06 - 81.57 was broken out. Now the lower Target Zone 77.11 - 76.12 serves as the sales target. It is profit
  • Argentina president’s scaled-down economic package wins approval in lower house

    Argentina President Javier Milei’s scaled-back package of reform measures designed to turn around an economy with the highest rate of inflation in the world won approval from in the lower-house of congress.
    Article Attribution | Read More at Article Source
    [mwai_chat context=”Let’s have a discussion about this article:nnArgentina President Javier Milei’s scaled-back package of reform measures designed to turn around an economy with the highest rate of inflation in the wor
  • Nvidia is chip sector’s only hope after AMD and Super Micro disappoint

    Investors better hope that Nvidia Corp. exceeds Wall Street’s current expectations, after Tuesday’s disappointments by two other favored AI-related companies, Advanced Micro Devices and Super Micro Computer.
    Article Attribution | Read More at Article Source
    [mwai_chat context=”Let’s have a discussion about this article:nnInvestors better hope that Nvidia Corp. exceeds Wall Street’s current expectations, after Tuesday’s disappointments by two other favored AI-r
  • 401(k) plans lack one benefit that would make a big difference in retirement

    While the U.S. retirement system relies on employer-provided 401(k) plans to help most workers save and invest for their golden years, few of these plans help retirees avoid outliving their old-age savings.
    Article Attribution | Read More at Article Source
    [mwai_chat context=”Let’s have a discussion about this article:nnWhile the U.S. retirement system relies on employer-provided 401(k) plans to help most workers save and invest for their golden years, few of these plans help retiree
  • MicroStrategy explains why bitcoin is better than stocks, bonds or gold

    MicroStrategy Inc. is still a business-analytics software company, but executives spent a lot more time on the post-earnings call with analysts talking about bitcoin, which the company adopted as its primary treasury reserve asset in 2020.
    Article Attribution | Read More at Article Source
    [mwai_chat context=”Let’s have a discussion about this article:nnMicroStrategy Inc. is still a business-analytics software company, but executives spent a lot more time on the post-earnings call wit
  • Intel Stock Forecast and Price Prediction: 2024, 2025-2030 and Beyond

    Intel Stock Forecast and Price Prediction: 2024, 2025-2030 and Beyond
    Intel's share price has significantly declined in 2022 amidst falling PC demand and manufacturing delays. However, some experts remain bullish on INTC stock prospects.This article delves into Intel's stock performance and prospects. We'll explore key factors driving this positive outlook, including Intel's engineering capabilities, new manufacturing investments, and innovations in CPU architecture. The article aims to answer whether Intel's stocks are a promising long-term investment, poised to
  • Guns, transgender rights: The issues Trump and Biden voters care about most when deciding where to live

    It’s not just about good schools and affordable homes — voters this election year say they are considering hot-button issues including abortion rights and gun control when deciding where they want to live.
    Article Attribution | Read More at Article Source
    [mwai_chat context=”Let’s have a discussion about this article:nnIt’s not just about good schools and affordable homes — voters this election year say they are considering hot-button issues including abortion
  • Economic calendar for the week 06.05.2024 – 12.05.2024

    Economic calendar for the week 06.05.2024 – 12.05.2024
    The dollar has retained its position on the foreign exchange market after the Fed meeting that ended at the very beginning of the month. In the week of 06.05.2024 – 12.05.2024, the Reserve Bank of Australia and the Bank of England will hold their meetings on monetary policy issues, and their results will be of particular interest to market participants monitoring the quotes of the Australian dollar and pound. Market participants will also pay attention to the publication of important macro
  • Labor costs rise at fastest pace in year and a half, ECI shows, in setback to Fed effort to tame inflation

    The cost of labor for U.S. companies accelerated in the first quarterat the fastest pace in a year and a half, complicating the Federal Reserve’s effort to get inflation fully under control
    Article Attribution | Read More at Article Source
    [mwai_chat context=”Let’s have a discussion about this article:nnThe cost of labor for U.S. companies accelerated in the first quarterat the fastest pace in a year and a half, complicating the Federal Reserve’s effort to get inflation f
  • Mexican peso loses its luster. Forecast as of 30.04.2024

    Mexican peso loses its luster. Forecast as of 30.04.2024
    Mexico was able to kill two birds with one stone. The country's government maintained a free trade agreement with the US and Canada while Chinese factories were being built on its territory. Now, Mexico has to choose between these two options. Let's discuss the forex outlook and make a trading plan for USDMXN.Monthly fundamental Mexican peso forecastMexico's "super peso" has lost its luster. In mid-April, USDMXN quotes marked the best daily rally in four years amid the escala
  • Short-term analysis for oil, gold, and EURUSD for 30.04.2024

    Short-term analysis for oil, gold, and EURUSD for 30.04.2024
    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.Euro quotes retreat from resistance (B) 1.0739 - 1.0727.Oil price forecast for today: USCrude analysisOil is falling and is once again testing the short-term uptrend's key support 82.06 - 81.57. From this area, consider buying the instrument with the fir
  • Euro received warning. Forecast as of 30.04.2024

    Euro received warning. Forecast as of 30.04.2024
    Yes, the American economy is strongest, but who said that domestic demand is the only reason for the CPI acceleration? The ECB cites several factors that could lead to such an outcome. Let's discuss the Forex outlook and make up a trading plan for EURUSD.Weekly Euro fundamental forecastThe acceleration in US inflation in the first quarter served as a warning to other central banks. While the American economy led the pack, who's to say that high prices can't return to the Eurozone? This circ
  • Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 30.04.2024

    Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 30.04.2024
    I welcome my readers!I have prepared a short-term cryptocurrency forecast based on the Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I offer entry signals to trade each cryptocurrency.Elliott wave Bitcoin analysisBitcoin continues to form correction (4) as a triple zigzag. Sub-waves W-X-Y have been completed. Now, the price is moving up in the linking wave XX. XX is expected to take the shape of a standard zigzag [A]-[B]-[C]. Correction [B] consisting of subwaves (A)-(B)-(C) conti
  • Why global gold demand marked its best first quarter in 8 years

    Gold demand marked its strongest first quarter in eight years, buoyed by “healthy investment” from the over-the-counter market as well as central bank purchases, which saw their best start to any year on record, according to a report from the World Gold Council released Tuesday.
    Article Attribution | Read More at Article Source
    [mwai_chat context=”Let’s have a discussion about this article:nnGold demand marked its strongest first quarter in eight years, buoyed by “h
  • Paramount CEO Bob Bakish is stepping down, to be replaced by 3 executives

    Media and entertainment giant Paramount Global on Monday said that Chief Executive Bob Bakish was stepping down and would be replaced by a three-person office intended to help “materially streamline operations.”
    Article Attribution | Read More at Article Source
    [mwai_chat context=”Let’s have a discussion about this article:nnMedia and entertainment giant Paramount Global on Monday said that Chief Executive Bob Bakish was stepping down and would be replaced by a three-pers
  • Coursera, Chegg stocks fall after weaker guidance for both edtech companies

    Shares of Coursera Inc. and Chegg Inc. fell in the after-hours session Monday after both education-tech companies guided for weaker current quarters, and Chegg also announced a CEO change.
    Article Attribution | Read More at Article Source
    [mwai_chat context=”Let’s have a discussion about this article:nnShares of Coursera Inc. and Chegg Inc. fell in the after-hours session Monday after both education-tech companies guided for weaker current quarters, and Chegg also announced a CEO cha
  • Paramount’s Bakish is stepping down, and new CEO office aims to ‘materially streamline operations’

    Media and entertainment giant Paramount Global on Monday said that Chief Executive Bob Bakish was stepping down and would be replaced by a three-person office intended to help “materially streamline operations.”
    Article Attribution | Read More at Article Source
    [mwai_chat context=”Let’s have a discussion about this article:nnMedia and entertainment giant Paramount Global on Monday said that Chief Executive Bob Bakish was stepping down and would be replaced by a three-pers

Follow @news_analyst on Twitter!