• Republicans fight to keep control of the Senate

    Republicans fight to keep control of the Senate
    Democrats are determined to unseat several establishment Republicans who are clinging to their allegiance to the president.
  • Citi to get lower grade for its living will from the FDIC: WSJ

    Citigroup Inc. is about to be dinged with a lower grade from the Federal Deposit Insurance Corp. over how it handles and manages its data and risks as part of its required living-will document, The Wall Street Journal reported Tuesday.
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    [mwai_chat context=”Let’s have a discussion about this article:nnCitigroup Inc. is about to be dinged with a lower grade from the Federal Deposit Insurance Corp. over how it handles and manages its data
  • Silver may start short-lived correction. Forecast as of 18.06.2024

    Silver may start short-lived correction. Forecast as of 18.06.2024
    Despite the pullback, silver remains confident. Slowing US inflation, strong demand in Asia, and rapid growth in industrial use can only excite XAGUSD bulls. Let's discuss these aspects and make a trading plan.Monthly fundamental forecast for silverA double whammy from Asia and North America pushed silver down from 11-year highs. Impressive US job growth in May spooked XAGUSD bulls with the possibility of the federal funds rate remaining at 5.5% for longer, and the People's Bank of China's halt
  • Troubled EV maker Fisker files for bankruptcy protection

    The electric vehicle maker Fisker on Tuesday said it filed for bankruptcy protection, a step that came as little surprise after recently defaulting on a bond payment and halting manufacturing.
    Article Attribution | Read More at Article Source
    [mwai_chat context=”Let’s have a discussion about this article:nnThe electric vehicle maker Fisker on Tuesday said it filed for bankruptcy protection, a step that came as little surprise after recently defaulting on a bond payment and halting ma
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  • Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 18.06.2024

    Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 18.06.2024
    Dear readers,I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.Elliott Wave analysis for BitcoinBitcoin continues forming the final part of an upward impulse – wave [5]. The first subwave (1) may have formed as an impulse recently. Correction (2) is currently unfolding, presumably as a zigzag A-B-C. Impulse wave A is completed, and the price is growing in correction B, which may equal 61.8% of subwave A. Thus, the price may rise t
  • Short-term analysis for oil, gold, and EURUSD for 18.06.2024

    Short-term analysis for oil, gold, and EURUSD for 18.06.2024
    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 euro was correcting yesterday.Oil price forecast for today: USCrude analysisOil continues to trade in a short-term uptrend. Yesterday, the quotes exceeded the June 12 high. Today, the price is slightly declining. If the asset reaches the support (A) 76.92
  • Franc will flip a coin. Forecast as of 18.06.2024

    Franc will flip a coin. Forecast as of 18.06.2024
    Monetary easing in Switzerland can stop the USDCHF bears, but will the National Bank cut rates at the June 20 meeting? Let’s discuss it and make a trading plan.Weekly fundamental forecast for francHeads or tails? Investors might as well toss a coin to understand if the Swiss National Bank will cut rates at the June 20 meeting or keep them unchanged at 1.5%. After the start of March's policy easing, the franc turned from the best G10 performer in 2023 into an outsider. However, uncertainty
  • Adobe sued by U.S. regulators for making it too difficult to cancel subscriptions

    U.S. regulators on Monday sued on Adobe Inc., accusing the software company and two executives of “deceiving consumers” by hiding the termination fee for a popular subscription plan and making it too difficult for customers to cancel subscriptions.
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    [mwai_chat context=”Let’s have a discussion about this article:nnU.S. regulators on Monday sued on Adobe Inc., accusing the software company and two executives of “deceivi
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  • Chegg says it’s doubling down on students while cutting nearly a quarter of its staff

    The digital-education platform Chegg Inc. on Monday said it would slash nearly a quarter of its staff, a move it said would free up space for longer-term investments as it tries to offer more than just academic guidance to students and use more artificial intelligence.
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    [mwai_chat context=”Let’s have a discussion about this article:nnThe digital-education platform Chegg Inc. on Monday said it would slash nearly a quarter of its staff,
  • AMC’s theaters have their best weekend of 2024 thanks to ‘Inside Out 2’ — but its stock is falling

    AMC Entertainment Holdings Inc. said Monday that its theaters just had their best weekend of the year in terms of moviegoers, but that didn’t stop the company’s shares from dropping in sympathy with those of fellow meme stock GameStop Corp.
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    [mwai_chat context=”Let’s have a discussion about this article:nnAMC Entertainment Holdings Inc. said Monday that its theaters just had their best weekend of the year in terms of movieg
  • Stock-market investors clamor for rate cuts. They should be careful what they wish for.

    Stock-market investors seem to be clamoring for rate cuts from the Federal Reserve, although the S&P 500 has been on a record-breaking run even without them. History shows investors should be careful what they wish for.
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    [mwai_chat context=”Let’s have a discussion about this article:nnStock-market investors seem to be clamoring for rate cuts from the Federal Reserve, although the S&P 500 has been on a record-breaking run even w
  • The AI ‘bubble’ has helped the U.S. stock market dominate the world. What happens if it bursts?

    The strength of the U.S. economy relative to the rest of the world postpandemic has convinced some bullish investors that the country’s stock market will keep outperforming other global benchmarks. But some economists suggest otherwise.
    Article Attribution | Read More at Article Source
    [mwai_chat context=”Let’s have a discussion about this article:nnThe strength of the U.S. economy relative to the rest of the world postpandemic has convinced some bullish investors that the coun
  • A popular Wall Street currency trade is getting hit by geopolitical uncertainty

    Concerns are being raised about how well the so-called carry trade in currencies can do after the foreign-exchange market was rocked earlier this month by Mexico’s election results.
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    [mwai_chat context=”Let’s have a discussion about this article:nnConcerns are being raised about how well the so-called carry trade in currencies can do after the foreign-exchange market was rocked earlier this month by Mexico’s election result
  • Poland Spring parent BlueTriton, Primo Water to merge, creating a water giant

    Primo Water Corp. and BueTriton Brands Inc., the parent of Poland Spring and Deer Park water brands, announced Monday an agreement to merge, which would create a water giant with $6.5 billion in annual revenue.
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    [mwai_chat context=”Let’s have a discussion about this article:nnPrimo Water Corp. and BueTriton Brands Inc., the parent of Poland Spring and Deer Park water brands, announced Monday an agreement to merge, which would create a
  • Best Buy’s stock leaps after UBS makes Wall Street’s most bullish call

    Best Buy’s stock now appears “fully charged” for a rally, said UBS’s Micheal Lasser, who on Monday became Wall Street’s most bullish analyst covering the consumer-electronics and appliances retailer.
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    [mwai_chat context=”Let’s have a discussion about this article:nnBest Buy’s stock now appears “fully charged” for a rally, said UBS’s Micheal Lasser, who on Monday became Wall Street&r
  • Autodesk sued by Starboard to allow for changes to board that ‘misled’ investors

    Activist investor Starboard Value, which currently has a $500 million stake in Autodesk Inc., said Monday that it is filing a lawsuit against the design software company in order to nominate new directors to the board, which Starboard alleges “misled” shareholders.
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    [mwai_chat context=”Let’s have a discussion about this article:nnActivist investor Starboard Value, which currently has a $500 million stake in Autodesk Inc., s
  • The IRS is targeting tax cheats who play ‘shell games.’ Uncle Sam could net $50 billion.

    The sole purpose of these large, lucrative business partnerships “is to avoid tax bills by moving assets from one pocket to another to generate deductions,” Deputy Treasury Secretary Wally Adeyemo said.
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    [mwai_chat context=”Let’s have a discussion about this article:nnThe sole purpose of these large, lucrative business partnerships “is to avoid tax bills by moving assets from one pocket to another to generate deductio
  • BoJ acts slowly but truly. Forecast as of 17.06.2024

    BoJ acts slowly but truly. Forecast as of 17.06.2024
    The Bank of Japan continues to normalize monetary policy, leaving the yen among Forex outsiders. However, this should change as the Fed rate cut approaches. Let's talk about this topic and make a trading plan for USDJPY.Quarterly fundamental forecast for Japanese yenInstead of announcing a reduction in asset purchases from the current ¥6 trillion per month, the Bank of Japan said it would happen in July, involving a significant reduction in the QE. Kazuo Ueda noted that less BoJ activity in
  • Platinum Price Predictions: 2024 and Beyond

    Platinum Price Predictions: 2024 and Beyond
    Platinum, with its distinguished properties and applications, stands out in the precious metals market. A striking example of its essential use is in the healthcare sector, where platinum is the only material suitable for the electrodes in the 600,000 heart pacemakers implanted annually. This metal's scarcity, coupled with its essential role in various industry sectors, underpins its intrinsic value and market volatility.This article delves into the platinum price forecasts, offering predictions
  • Goldman ups S&P 500 target for a third time — and says 6,300 is possible

    The bank now sees the record-busting index SPX ending 2024 at 5,600, from a prior 5,200 thanks to “milder-than-average negative earnings revisions and a higher fair value price/earnings multiple.”
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    [mwai_chat context=”Let’s have a discussion about this article:nnThe bank now sees the record-busting index SPX ending 2024 at 5,600, from a prior 5,200 thanks to “milder-than-average negative earnings revisions and a highe
  • French stocks have struggled since Macron called for election. Goldman Sachs says it can get worse.

    A scenario where the far-right National Rally wins an absolute majority in French parliament could lead to further underperformance for French stocks after its worst week in two years, say strategists at Goldman Sachs.
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    [mwai_chat context=”Let’s have a discussion about this article:nnA scenario where the far-right National Rally wins an absolute majority in French parliament could lead to further underperformance for French stocks afte
  • Dollar opens the doors. Forecast as of 17.06.2024

    Dollar opens the doors. Forecast as of 17.06.2024
    Increasing political risks in Europe are shifting money into US stocks and bonds. Consequently, quotes are falling despite unfavorable conditions for the EURUSD bears. Let’s discuss this and make a trading plan.Weekly fundamental forecast for dollarEvery day is a lesson. Until now, the S&P 500's rally, the decline in US Treasury yields, the deterioration of US macro statistics, and the slowdown in American inflation were seen as bad news for the greenback. However, the USD index i
  • Short-term analysis for oil, gold, and EURUSD for 17.06.2024

    Short-term analysis for oil, gold, and EURUSD for 17.06.2024
    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.Last week, the EUR/USD pair declined to the Target Zone.Oil price forecast for today: USCrude analysisOil is maintaining a correction within the short-term uptrend. The correction target is the support (A) 75.96 - 75.66. Once this area is tested, consider lon
  • Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 17.06.2024

    Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 17.06.2024
    Dear readers,I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.Elliott Wave analysis for BitcoinThe BTCUSD pair is forming the final part of a bullish impulse — wave [5]. The first subwave (1) may have formed as an impulse recently. Correction (2) is currently unfolding, presumably as a zigzag A-B-C. Impulse wave A is completed, and the price is growing in correction B, which may equal 61.8% of subwave A. Thus, the price may rise to th
  • ‘We get a raw deal’: I had the worst Father’s Day ever — and it’s a cautionary tale for other happy families

    “It’s not about the money or even the card — it’s about the recognition for all the hard work dads do to put food on the table and pay the mortgage.”
    Article Attribution | Read More at Article Source
    [mwai_chat context=”Let’s have a discussion about this article:nn“It’s not about the money or even the card — it’s about the recognition for all the hard work dads do to put food on the table and pay the mortgage.”nnDiscussion:n
  • Inflation is widening the divide between how the wealthy and everyone else sees the economy

    Asteadily growing economy and low unemployment have helped to ease some of the pain of high inflation, but middle- and low-income Americans say they are feeling more stress.
    Article Attribution | Read More at Article Source
    [mwai_chat context=”Let’s have a discussion about this article:nnAsteadily growing economy and low unemployment have helped to ease some of the pain of high inflation, but middle- and low-income Americans say they are feeling more stress.nnDiscussion:nn” ai_
  • Big Tech—not the Fed—is driving the stock-market rally. Here’s what investors need to know.

    Big tech, not the Federal Reserve, is once again driving the rally across U.S. equities, offering hope to some investors that the stock market could shrug off concerns about the interest-rate outlook to sustain its upward momentum.
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    [mwai_chat context=”Let’s have a discussion about this article:nnBig tech, not the Federal Reserve, is once again driving the rally across U.S. equities, offering hope to some investors that the stock marke
  • ‘We get a raw deal’: This was my worst Father’s Day ever — and it’s a cautionary tale for other happy families

    “It’s not about the money or even the card — it’s about the recognition for all the hard work dads do to put food on the table and pay the mortgage.”
    Article Attribution | Read More at Article Source
    [mwai_chat context=”Let’s have a discussion about this article:nn“It’s not about the money or even the card — it’s about the recognition for all the hard work dads do to put food on the table and pay the mortgage.”nnDiscussion:n
  • Happy Eid al-Adha 2024!

    Happy Eid al-Adha 2024!
    Dear clients,We sincerely wish you a happy Eid al-Adha! May this great holiday bring you peace, joy, and prosperity, and may Allah Almighty reward you with happiness, success, and love! We hope your kind prayers and sacrifices will be accepted and your life will be filled with goodness.Best regards,The team at LiteFinance Read more
  • ‘We get a raw deal’: This was my worst Father’s Day of all time — and it had nothing to do with a ‘crummy’ tie or tickets to see Taylor Swift

    “It’s not about the money or even the card — it’s about the recognition for all the hard work dads do to put food on the table and pay the mortgage.”
    Article Attribution | Read More at Article Source
    [mwai_chat context=”Let’s have a discussion about this article:nn“It’s not about the money or even the card — it’s about the recognition for all the hard work dads do to put food on the table and pay the mortgage.”nnDiscussion:n

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