Analyst news

• Nvidia’s Jensen Huang says human jobs won’t just go away because of AI

  29-04-2024 01:58 via rocketnews.com
  Nvidia Inc. chips are powering the artificial-intelligence revolution. But while Chief Executive Jensen Huang thinks AI will change the world, he doesn’t expect human jobs to just disappear.
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  [mwai_chat context=”Let’s have a discussion about this article:nnNvidia Inc. chips are powering the artificial-intelligence revolution. But while Chief Executive Jensen Huang thinks AI will change the world, he doesn’t expect human job
  
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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.
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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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• 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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• Update MetaTrader 4 for Stable Performance

  09-06-2024 19:27 via litefinance.org
  
  Technical issues have been identified in older versions of MetaTrader 4. To resolve these, MetaQuotes requires to install the latest version 1420.Please update your MT4 software on your PC by downloading the new version from our website. We recommend installing the update in a new folder to avoid any potential issues.Thank you for your understanding.   Read more
  
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• Possible Trump pick for Treasury lays out 3-point economic plan that calls for deregulation, lower deficit

  08-06-2024 11:31 via rocketnews.com
  Hedge-fund manager Scott Bessent — viewed as in the running to become Treasury secretary in a second Trump administration — has offered a three-point economic agenda, with his proposal coming Thursday evening as he spoke at a conference run by the Manhattan Institute, a conservative think tank.
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  [mwai_chat context=”Let’s have a discussion about this article:nnHedge-fund manager Scott Bessent — viewed as in the running
  
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• CrowdStrike, KKR and GoDaddy to join S&P 500

  08-06-2024 00:14 via rocketnews.com
  Cybersecurity company CrowdStrike Holdings Inc., private-equity giant KKR & Co. Inc. and web host GoDaddy Inc. are set to join the S&P 500 index at market open on June 24.
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  [mwai_chat context=”Let’s have a discussion about this article:nnCybersecurity company CrowdStrike Holdings Inc., private-equity giant KKR & Co. Inc. and web host GoDaddy Inc. are set to join the S&P 500 index at market open on June 24.nnDiscussion:n
  
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• SL Green to start deploying $1 billion arsenal for New York real estate this year

  07-06-2024 23:52 via rocketnews.com
  Landlord giant SL Green Realty expects to raise more than its initial $1 billion target for a new war chest aimed at distressed New York commercial real estate, and plans to begin deploying it this year.
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  [mwai_chat context=”Let’s have a discussion about this article:nnLandlord giant SL Green Realty expects to raise more than its initial $1 billion target for a new war chest aimed at distressed New York commercial real estate, and plan
  
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• Tech stocks see biggest weekly inflows in over 2 months as megacaps stage comeback

  07-06-2024 22:49 via rocketnews.com
  U.S. technology stocks just posted their largest weekly inflows in nine weeks, with the sector seeing a comeback after its megacap-led rally lost steam by the end of May, strategists at BofA Global Research said Friday.
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  [mwai_chat context=”Let’s have a discussion about this article:nnU.S. technology stocks just posted their largest weekly inflows in nine weeks, with the sector seeing a comeback after its megacap-led rally lost steam b
  
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• What Nvidia’s stock split means for investors

  07-06-2024 17:55 via rocketnews.com
  Nvidia’s stock will start trading Monday on a split-adjusted basis, and while shares have surged in recent weeks, one strategist says the effects of a split are largely psychological.
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  [mwai_chat context=”Let’s have a discussion about this article:nnNvidia’s stock will start trading Monday on a split-adjusted basis, and while shares have surged in recent weeks, one strategist says the effects of a split are largely psycholo
  
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• Gold suffers a ’double whammy’: strong U.S. jobs growth and pause in China buying

  07-06-2024 16:32 via rocketnews.com
  Gold futures were on track to post their lowest finish in about a month on Friday, pressured after stronger -than-expected monthly U.S. jobs data and a report that China’s central bank paused its year-and-a-half long streak of bullion purchases last month.
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  [mwai_chat context=”Let’s have a discussion about this article:nnGold futures were on track to post their lowest finish in about a month on Friday, pressured after stronger -t
  
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• Eli Lilly’s Alzheimer’s drug to face safety, dosing scrutiny from FDA advisers 

  07-06-2024 14:45 via rocketnews.com
  When a Food and Drug Administration advisory panel meets Monday to size up an Eli Lilly experimental Alzheimer’s drug, questions about safety, selection of patients for treatment, and dosing will be at the fore, documents released Thursday show.
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  [mwai_chat context=”Let’s have a discussion about this article:nnWhen a Food and Drug Administration advisory panel meets Monday to size up an Eli Lilly experimental Alzheimer’s dr
  
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• Exxon Mobil’s stock could fall behind its peers — so stop buying, analyst says

  07-06-2024 14:44 via rocketnews.com
  Truist Securities backed away from its bullish call on Exxon Mobil’s stock, citing a number of concerns, such as the belief that the oil giant’s free cash flow yield will trail that of peers “well into 2025.”
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  [mwai_chat context=”Let’s have a discussion about this article:nnTruist Securities backed away from its bullish call on Exxon Mobil’s stock, citing a number of concerns, such as the belief that the o
  
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• XAUUSD: Elliott wave analysis and forecast for 07.06.24 – 14.06.24

  07-06-2024 13:55 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 2310.36 with a target of 2500.00 – 2560.00.Alternative scenario: breakout and consolidation below the level of 2310.36 will allow the pair to continue declining to the levels of 2154.83 – 2019.86.Analysis: the fifth wave of larger degree (5) is forming on the daily chart, with wave 3 of (5) unfolding as its part. Apparently, the third wave of smaller degree iii of 3 is forming on the H4 time frame, with wave (
  
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• Oil prices tick higher after Saudi Arabia reiterates output boost can be reversed

  07-06-2024 13:42 via rocketnews.com
  Oil futures rose Friday, finding support after Saudi Arabia’s energy minister reiterated that an OPEC+ plan to unwind 2.2 million barrels a day in voluntary cuts later this year can be paused or reversed.
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  [mwai_chat context=”Let’s have a discussion about this article:nnOil futures rose Friday, finding support after Saudi Arabia’s energy minister reiterated that an OPEC+ plan to unwind 2.2 million barrels a day in voluntary
  
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• WTI Crude Oil: Elliott wave analysis and forecast for 07.06.24 – 14.06.24

  07-06-2024 13:25 via litefinance.org
  
  Main scenario: consider short positions from corrections below the level of 80.85 with a target of 63.77 – 55.00.Alternative scenario: breakout and consolidation above the level of 80.85 will allow the asset to continue rising to the levels of 87.80 – 94.00.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 wa
  
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• USDJPY: Elliott wave analysis and forecast for 07.06.24 – 14.06.24

  07-06-2024 12:55 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 154.37 with a target of 161.50 – 167.00.Alternative scenario: breakout and consolidation below the level of 154.37 will allow the pair to continue declining to the levels of 151.68 – 146.44.Analysis: the ascending fifth wave of larger degree (5) of C continues forming on the daily chart, with third wave 3 of (5) unfolding as its part. The first wave of smaller degree i of 3 and corrective second wave ii of 3 a
  
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• GBPUSD: Elliott wave analysis and forecast for 07.06.24 – 14.06.24

  07-06-2024 12:25 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 1.2668 with a target of 1.2910 – 1.3100.Alternative scenario: breakout and consolidation below the level of 1.2668 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) is unfolding on the daily chart. On the H4 chart, wave 1 of (3) is formed, a de
  
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• Pound posts clear gains. Forecast as of 07.06.2024

  07-06-2024 12:07 via litefinance.org
  
  The Labour Party will highly likely win the general election. However, what if it turns out to be unconditional? Is GBPUSD poised for a collapse, as in the case of the Mexican peso? Let's talk about this topic and make a trading plan.Fundamental forecast for pound sterling for todayThe British Pound has so far strengthened against the world's major currencies as investors bet on a Labour victory in the upcoming election on July 4. The markets believe that if this happens, relations with the EU w
  
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• These 5 metro areas have hot job markets — and rents that you can actually afford

  07-06-2024 12:00 via rocketnews.com
  MarketWatch looked at the places where unemployment is low and rent is still cheap compared to incomes. One small midwestern metro area came out on top, thanks to “jobs that support families.”
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  [mwai_chat context=”Let’s have a discussion about this article:nnMarketWatch looked at the places where unemployment is low and rent is still cheap compared to incomes. One small midwestern metro area came out on top, thanks to &ldqu
  
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• EURUSD: Elliott wave analysis and forecast for 07.06.24 – 14.06.24

  07-06-2024 11:55 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 07.06.24 – 14.06.24

  07-06-2024 11:25 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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• USDCAD: Elliott wave analysis and forecast for 07.06.24 – 14.06.24

  07-06-2024 10:57 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 fifth wave of larger degree 5 presumably continues developing on the weekly time frame, with wave (1) of 5 unfolding as its part. The fifth wave of smaller degree 5 of (1) is forming on the daily time fr
  
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