Analyst news

• Michael Burry’s Scion dumps Alphabet and Amazon, buys shares of gold ETF

  15-05-2024 23:13 via rocketnews.com
  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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• GM cuts EV production outlook but stresses that demand remains strong

  11-06-2024 20:06 via rocketnews.com
  Shares of General Motors Co. were trading at more than a two-year high but pared earlier gains after the automaker cut its full-year outlook for electric-vehicle production.
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  [mwai_chat context=”Let’s have a discussion about this article:nnShares of General Motors Co. were trading at more than a two-year high but pared earlier gains after the automaker cut its full-year outlook for electric-vehicle production.nnDiscussion:nn” ai_
  
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• MT4 account servers to be renamed

  11-06-2024 16:00 via litefinance.org
  
  Dear clients,Please be aware that the MT4 account servers specified in the table below will be renamed on Saturday, 15.06.2024, to optimize trading processes.Old server name New server name LiteFinance-ECN.com LiteFinanceVC-Live-02 LiteFinance-ECN2.com LiteFinanceVC-Live-03 LiteFinance-ECN3.com LiteFinanceVC-Live-04 LiteFinance-Classic.com LiteFinanceVC-Live-05 LiteFinance-Classic2.com LiteFinanceVC-Live-06 LiteFinance-Classic3.com LiteFinanceVC-Live-07 LiteFinance-Cent.com LiteFinanceVC-Live-08
  
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• Altria (MO) Stock Forecast for 2024, 2025-2026, and Beyond

  11-06-2024 12:43 via litefinance.org
  
  Altria Group, one of the leading US tobacco manufacturers and sellers, has faced struggles in recent years that have weighed on its stock price and investor outlook. While the company once dominated the tobacco industry, its shares have languished amid declining cigarette volumes and growing regulatory threats. As we look ahead to 2024, analysts have a cautiously optimistic view of Altria's stock. In this analysis, we will look at the key factors that may boost Altria's stock and the headwi
  
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• Taylor Swift favorite Golden Goose aims for $2 billion valuation in upcoming IPO

  11-06-2024 11:33 via rocketnews.com
  Golden Goose, which makes the scruffy sneakers worn by Taylor Swift, is looking to raise $600 million in what is set to be Italy’s biggest public float in more than a year
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  [mwai_chat context=”Let’s have a discussion about this article:nnGolden Goose, which makes the scruffy sneakers worn by Taylor Swift, is looking to raise $600 million in what is set to be Italy’s biggest public float in more than a yearnnDiscussion:nn&rd
  
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• Bill Gross prefers European bonds over Treasurys and says U.S. stock market is valued at historically high levels

  11-06-2024 11:30 via rocketnews.com
  Bill Gross said he would not be comfortable taking a broad position in U.S. stocks, and preferred European government bonds over Treasurys, which could be significantly impacted by the U.S. election.
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  [mwai_chat context=”Let’s have a discussion about this article:nnBill Gross said he would not be comfortable taking a broad position in U.S. stocks, and preferred European government bonds over Treasurys, which could be significantly impa
  
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• Loonie gets no support from BoC. Forecast as of 11.06.2024

  11-06-2024 11:21 via litefinance.org
  
  Canada was the first G7 country to cut its key interest rate. Its economy shows more sensitivity to aggressive monetary restriction in 2022-2023 than its US counterpart. Let's talk about this topic and make a trading plan for USDCAD.Weekly Canadian dollar fundamental forecastBuy the rumor, sell the fact. This principle helped correctly predict the USDCAD reaction to the start of monetary expansion in Canada. Before the June BoC meeting, the futures market gave such an outcome an 84% probabi
  
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• Short-term analysis for oil, gold, and EURUSD for 11.06.2024

  11-06-2024 09:28 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 maintains a correction.Oil price forecast for today: USCrude analysisYesterday, oil broke through the resistance (A) 75.74 - 75.44 and reached the resistance (B) 77.39 - 76.94. The resistance (B) offers the boundary of the short-term downtrend. Hence, sh
  
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• Is euro ready for a hot summer? Forecast as of 11.06.2024

  11-06-2024 09:24 via litefinance.org
  
  Snap elections in France and UK parliament elections impact the monetary policy of the ECB and the Bank of England. However, the results for the euro and pound are exactly the opposite. Let’s discuss it and make a trading plan for the EURUSD.Weekly fundamental forecast for euroShoot first, think later – such is the market mentality. Now that a few days have passed, we can soberly assess May's impressive US jobs statistics and the massive selling of European assets amid snap elections
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 11.06.2024

  11-06-2024 08:55 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 BitcoinWe see a bullish impulse wave continuing forming in Bitcoin's chart. It consists of five sub-waves [1]-[2]-[3]-[4]-[5]. The first four parts are completed, and the final part of the impulse wave [5] is currently forming, presumably subwave (1). The price may sink in complex correction 4 to the low at 66179.77 shortly. Once that level is reached, t
  
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• OpenAI taps veteran of Nextdoor and Square as new CFO, dismisses IPO speculation

  11-06-2024 04:57 via rocketnews.com
  Artificial-intelligence developer OpenAI said Monday that Sarah Friar would become its next chief financial officer, as it prepares to work more closely with a growing number of large companies and deal with an increasingly fraught landscape for the technology.
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  [mwai_chat context=”Let’s have a discussion about this article:nnArtificial-intelligence developer OpenAI said Monday that Sarah Friar would become its next chief financial off
  
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• Elon Musk rails against Apple-OpenAI deal, threatens to ban iPhones from his companies

  11-06-2024 04:23 via rocketnews.com
  Tesla Chief Executive Elon Musk threatened to ban Apple iPhones from his companies Monday, calling the tech giant’s new deal with OpenAI a security risk and escalating his long-running feuds with both companies.
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  [mwai_chat context=”Let’s have a discussion about this article:nnTesla Chief Executive Elon Musk threatened to ban Apple iPhones from his companies Monday, calling the tech giant’s new deal with OpenAI a security r
  
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• Yext stock falls on lower sales outlook as CEO warns ‘IT buyers remain cautious’

  11-06-2024 02:47 via rocketnews.com
  Shares of Yext Inc. tumbled on Monday after the online-marketing platform trimmed its full-year sales outlook and forecast second-quarter results that were below Wall Street’s expectations.
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  [mwai_chat context=”Let’s have a discussion about this article:nnShares of Yext Inc. tumbled on Monday after the online-marketing platform trimmed its full-year sales outlook and forecast second-quarter results that were below Wall Street&rsq
  
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• OpenAI taps veteran of Nextdoor, Square as new CFO, raising speculation about IPO

  11-06-2024 01:56 via rocketnews.com
  Artificial-intelligence developer OpenAI said Monday that Sarah Friar would become its next chief financial officer, as it prepares to work more closely with a growing number of large companies and deal with an increasingly fraught landscape for the technology.
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  [mwai_chat context=”Let’s have a discussion about this article:nnArtificial-intelligence developer OpenAI said Monday that Sarah Friar would become its next chief financial off
  
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• Stocks on the road (again) to record highs, says UBS

  10-06-2024 23:03 via rocketnews.com
  The S&P 500 scored its 26th record close of 2024 while the Nasdaq posted its 14th ahead of the Federal Reserve’s policy meeting and new inflation data due out this week.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe S&P 500 scored its 26th record close of 2024 while the Nasdaq posted its 14th ahead of the Federal Reserve’s policy meeting and new inflation data due out this week.nnDiscussion:n
  
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• Eli Lilly’s Alzheimer’s drug gets backing from FDA advisers

  10-06-2024 22:37 via rocketnews.com
  Eli Lilly’s experimental Alzheimer’s drug donanemab on Monday moved a step closer to U.S. regulatory approval as it won support from an independent panel of advisers to the Food and Drug Administration.
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  [mwai_chat context=”Let’s have a discussion about this article:nnEli Lilly’s experimental Alzheimer’s drug donanemab on Monday moved a step closer to U.S. regulatory approval as it won support from an independen
  
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• Monster’s co-CEOs sold a chunk of their company’s stock — but wanted to sell a lot more

  10-06-2024 20:21 via rocketnews.com
  Monster Beverage Corp. said Monday that it has completed its tender offer to buy back $3 billion worth of its shares, including about $24 million worth of shares that were owned by co-Chief Executives Rodney Sacks and Hilton Schlosberg.
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  [mwai_chat context=”Let’s have a discussion about this article:nnMonster Beverage Corp. said Monday that it has completed its tender offer to buy back $3 billion worth of its shares, including about $2
  
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• Yet another offer could emerge for Paramount’s controlling company, WSJ reports

  10-06-2024 19:17 via rocketnews.com
  As media and entertainment giant Paramount Global lurches toward a possible sale, yet another offer could be in the works — this one from onetime media executive Edgar Bronfman Jr., with the backing of private equity firm Bain Capital.
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  [mwai_chat context=”Let’s have a discussion about this article:nnAs media and entertainment giant Paramount Global lurches toward a possible sale, yet another offer could be in the works &mda
  
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• Diamond Offshore’s stock gets a big boost from Noble’s $1.6 billion buyout bid

  10-06-2024 16:43 via rocketnews.com
  Offshore drilling contractor Noble Corp. on Monday said it will acquire rival Diamond Offshore Drilling in a cash and stock deal with an implied value of $15.52 per share.
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  [mwai_chat context=”Let’s have a discussion about this article:nnOffshore drilling contractor Noble Corp. on Monday said it will acquire rival Diamond Offshore Drilling in a cash and stock deal with an implied value of $15.52 per share.nnDiscussion:nn” ai_name
  
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• Oil prices nudge higher after third straight weekly loss

  10-06-2024 16:34 via rocketnews.com
  Oil futures saw tiny gains early Monday, attempting to find a footing after an OPEC+ decision to begin unwinding some voluntary production cuts later this year helped crude post a third straight weekly decline.
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  [mwai_chat context=”Let’s have a discussion about this article:nnOil futures saw tiny gains early Monday, attempting to find a footing after an OPEC+ decision to begin unwinding some voluntary production cuts later this year he
  
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• Driller Noble to buy Diamond Offshore for $1.6 billion

  10-06-2024 13:42 via rocketnews.com
  Offshore drilling contractor Noble Corp. on Monday said it will acquire rival Diamond Offshore Drilling in a cash and stock deal with an implied value of $15.52 per share.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnOffshore drilling contractor Noble Corp. on Monday said it will acquire rival Diamond Offshore Drilling in a cash and stock deal with an implied value of $15.52 per share.nnDiscussion:nn” ai_name
  
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• Southwest Airlines’ stock surges after report of activist Elliott’s large stake

  10-06-2024 13:28 via rocketnews.com
  Southwest Airlines’ stock surged toward their best day in more than two years Monday, after The Wall Street Journal reported activist investor Elliott Investment Management has amassed a near $2 billion stake in the airline.
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  [mwai_chat context=”Let’s have a discussion about this article:nnSouthwest Airlines’ stock surged toward their best day in more than two years Monday, after The Wall Street Journal reported activist in
  
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• USDJPY bears still asleep. Forecast as of 10.06.2024

  10-06-2024 12:42 via litefinance.org
  
  Neither expectations of a reduction in quantitative easing (QE) nor rising Japanese bond yields are helping USDJPY bears. Their rivals are encouraged by the fact that the US economy is still strong and the rate differential remains wide. Let's talk about this topic and make a trading plan.Weekly fundamental forecast for Japanese yenDo not believe the words; believe the deeds. The Japanese yen is doing just the opposite. Neither a rise in wages at the fastest pace since 1994, nor a rise in govern
  
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• Johnson & Johnson Stock Forecast & Price Predictions for 2024, 2025–2026 and Beyond

  10-06-2024 11:20 via litefinance.org
  
  Johnson & Johnson, a titan in the global healthcare industry, not only demonstrated its robust financial health with a 7.3% sales increase to $21.40 billion in the last quarter of 2023 but also reflected this strength in its stock performance. The company, known for its resilience and growth, reported a substantial net income of $4.13 billion, or $1.70 per share, making its stock a bellwether for the broader health sector and a reliable indicator for investors.This article will provide an in
  
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• Lucky Ticket Draw for Myanmar Traders Launched

  10-06-2024 10:08 via litefinance.org
  
  Dear clients,We are pleased to announce we have launched our traditional Lucky Ticket draw exclusively for our Myanmar clients. The prize fund of the contest is 12,000,000 MMK.The drawing will be held on November 29, 2024, and we will raffle off five prizes:At 13:30 the winner of the HUAWEI MatePad 11.5'' tablet will be determined; At 14:30 we will award the smartphone SAMSUNG Galaxy A55 5G; At 15:30 we will find out the name of the HP 15s-fq5072TU laptop owner; At 16:30 we will draw an iPhone 1
  
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• Short-term analysis for oil, gold, and EURUSD for 10.06.2024

  10-06-2024 09:12 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 has reached all of its bearish targets within a short-term downtrend.Oil price forecast for today: USCrude analysisOil price corrected to the resistance area (A) 75.74 - 75.44 within the short-term bearish trend. Bears have managed to keep the price belo
  
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• Double blow for the euro. Forecast as of 10.06.2024

  10-06-2024 09:05 via litefinance.org
  
  Misfortune never comes alone. A surprisingly strong US jobs report was the beginning of the end for the EURUSD. Calling a snap election in France added fuel to the fire. Let’s discuss that and make a trading plan.Weekly fundamental forecast for euroIt all started with the economy, but ultimately, politics destroyed the euro. May's unexpectedly strong US labor market report was a real bolt from the blue for the EURUSD. The rise in employment by 272 thousand, the unemployment remaining at 4%
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 10.06.2024

  10-06-2024 08:56 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] is forming in BTCUSD's chart. Its subwaves [1]-[2]-[3]-[4] are fully completed. The first subwave (1) may be forming as part of wave [5]. Apparently, correction 4 has recently been completed as part of impulse (1), and the price is now growing in subwave 5, probably to a previous high of 71940.00.Tr
  
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• Japan’s economy shrinks about in line with first-quarter estimates

  10-06-2024 02:57 via rocketnews.com
  The Japanese economy shrank at almost the same pace as initially estimated in the January-March quarter due to sluggish spending by households and companies, revised government data showed Monday.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe Japanese economy shrank at almost the same pace as initially estimated in the January-March quarter due to sluggish spending by households and companies, revised government
  
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• Fed won’t move interest rates this week, but meeting will still be a feast for economists

  09-06-2024 20:29 via rocketnews.com
  The Federal Reserve is widely expected keep its benchmark interest rate steady at the end of their two-days of deliberations on Wednesday, but economists will be watching closely for any clues on the timing of the first rate cut in four years.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe Federal Reserve is widely expected keep its benchmark interest rate steady at the end of their two-days of deliberations on W
  
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