Analyst news

• Stocks close higher as companies report solid earnings – KSTP

  20-10-2020 22:21 via rocketnews.com
  
  Overseas markets were mixed and Treasury yields held steady. Crude oil prices rose.
  THIS IS A BREAKING NEWS UPDATE: AP’s earlier story appears below.
  Stocks are moving higher on Wall Street following a batch of solid earnings reports from U.S. companies.
  The S&P 500 was up 1% in afternoon trading Tuesday, recouping some of its loss from a day earlier. Technology stocks, banks, and companies that rely on consumer spending helped lift the market. Overseas markets were mixed. Treasury yie
  
  Read more

• U.S. tech sector must do more to stop Russia from using its products, Biden adviser says

  28-05-2024 20:58 via rocketnews.com
  Daleep Singh, President Joe Biden’s deputy national security adviser for international economics, urged technology companies and other U.S. sectors on Tuesday to put more effort into keeping their products out of the hands of Russia’s military.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnDaleep Singh, President Joe Biden’s deputy national security adviser for international economics, urged techno
  
  Read more

• Virgin Galactic’s stock rallies as milestone mission looms

  28-05-2024 20:07 via rocketnews.com
  Virgin Galactic is targeting a launch window that opens June 8 for the final flight of its Unity spacecraft before it halts commercial operations to develop its new Delta-class spacecraft.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnVirgin Galactic is targeting a launch window that opens June 8 for the final flight of its Unity spacecraft before it halts commercial operations to develop&nb
  
  Read more

• Treasury yields climb after relatively weak 2-year and 5-year auctions

  28-05-2024 19:58 via rocketnews.com
  U.S. Treasury yields were higher Tuesday after relatively weak 2-year and 5-year auctions and as traders weighed comments from Minneapolis Federal Reserve Bank President Neel Kashkari about him not yet ruling out the potential for further rate hikes.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnU.S. Treasury yields were higher Tuesday after relatively weak 2-year and 5-year auctions and as traders weighed comments
  
  Read more

• Advertisement

• These companies are expected to be the fastest earnings growers in the S&P 500’s cheapest sector

  28-05-2024 17:48 via rocketnews.com
  Energy stocks as a group are cheaply priced to expected earnings, even though the sector has been the best performer in the S&P 500 over the past three years, by far.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnEnergy stocks as a group are cheaply priced to expected earnings, even though the sector has been the best performer in the S&P 500 over the past three years, by far.nnDiscussion:nn” ai_name=&
  
  Read more

• The world’s largest pension fund may be running dry

  28-05-2024 17:21 via rocketnews.com
  A population equaling the size of the entire U.S. will retire from China’s workforce by 2035, and the country isn’t reproducing sufficiently to mend its fraying social safety net.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnA population equaling the size of the entire U.S. will retire from China’s workforce by 2035, and the country isn’t reproducing sufficiently to mend its fraying social s
  
  Read more

• Zoom (ZM) Price Prediction for 2024 and Beyond

  28-05-2024 10:47 via litefinance.org
  
  When people worked from home during the COVID-19 pandemic, Zoom Video Communications (ZM) shares skyrocketed to $558. However, the stock plunged dramatically to $60 after the restrictions were lifted. Nevertheless, investors still see potential in the cloud-based video conferencing solutions sector.This article encompasses various forecasts of Zoom's share price up to 2030. In addition, you will get insights into ZM stock analysis that employs different methods and approaches. The advantages and
  
  Read more

• Aussie to post more gains. Forecast as of 28.05.2024

  28-05-2024 10:38 via litefinance.org
  
  With inflation slowing and the Australian economy cooling, the RBA may be forced to start cutting rates. However, it remains to be seen how events will unfold. AUDUSD has plenty of bullish factors to take advantage of. Let's talk about this and make a trading plan for AUDUSD.Monthly Australian dollar fundamental forecastWhile skeptics say the Australian dollar is too weak and unlikely to reach its post-pandemic high of $0.69 due to a weak Chinese economy and the RBA's fear of raising interest ra
  
  Read more

• Advertisement

• Short-term analysis for oil, gold, and EURUSD for 28.05.2024

  28-05-2024 09:09 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 is trading in a short-term downtrend.Oil price forecast for today: USCrude analysisOil is maintaining an upward correction within the short-term downtrend. If the asset tests resistance (A) 79.32 - 79.02 during the correction, short trades can be op
  
  Read more

• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 28.05.2024

  28-05-2024 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 BitcoinWe can see a layout of an impulse forming. It consists of subwaves [1]-[2]-[3]-[4]-[5]. The subwaves [1]-[2]-[3]-[4] are complete. The initial part of the final impulse wave [5] is currently unfolding, with the first small subwaves (1)-(2) already formed. In the coming days, the price is expected to rise in impulse (3) above the level of 84,630.50
  
  Read more

• EURUSD speaks straight. Forecast as of 28.05.2024

  28-05-2024 08:51 via litefinance.org
  
  The ECB and speculators actively buying the EURUSD understand that the ECB's earlier monetary expansion will not weaken the euro. Let's discuss this and make a trading plan.Weekly fundamental forecast for euroThe EURUSD bears sincerely hoped that the ECB's earlier start of policy easing compared to the US and its large scale would calm their opponents. However, Philip Lane dotted all the i's. The ECB's key economist believes inflation in the eurozone could accelerate only amid a significant weak
  
  Read more

• ECB ready to start cutting interest rates, chief economist says

  27-05-2024 15:56 via rocketnews.com
  The European Central Bank will likely cut interest rates from historic highs at its meeting on June 6th and, and in an interview with the Financial Times on Monday, its chief economist, Philip Lane, brushed off fears that doing so before the U.S. Federal Reserve could backfire.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnThe European Central Bank will likely cut interest rates from historic highs at its meeting on
  
  Read more

• Markets eagerly await BoJ move. Forecast as of 27.05.2024

  27-05-2024 13:16 via litefinance.org
  
  If you constantly wait for new evidence, you may miss the moment for decisive action. The Bank of Japan's decisions are made by people, and their reluctance to take action hinders the yen. Let's talk about this and make a trading plan for USDJPY.Weekly fundamental forecast for Japanese yenThe BoJ's dithering is slowly killing the Japanese yen. The regulator needs evidence that inflation is anchored near 2%, which seems odd at first glance. Consumer prices have been above that mark for 25 consecu
  
  Read more

• Shares of China Evergrande’s EV unit soar on potential investor support

  27-05-2024 10:26 via rocketnews.com
  China Evergrande New Energy Vehicle shares jumped 92% on Monday after the EV startup said liquidators were in talks to sell a 29% stake in the unit to an unnamed buyer.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnChina Evergrande New Energy Vehicle shares jumped 92% on Monday after the EV startup said liquidators were in talks to sell a 29% stake in the unit to an unnamed buyer.nnDiscussion:nn” ai_name=&rdqu
  
  Read more

• Euro: no drastic moves. Forecast as of 27.05.2024

  27-05-2024 09:36 via litefinance.org
  
  The ECB will cut the deposit rate in June but then take a pause. The increase to 4% may have been a mistake. It's time to correct the mistake. Let’s discuss it and make a trading plan for EURUSD.Weekly fundamental forecast for euroThe global economy's two paces suggest central-bank monetary policies will also be less synchronized than previously. However, if American GDP continues to slow down and its European counterpart accelerates, the ECB may not make sharp moves after June. Moreover,
  
  Read more

• Short-term analysis for oil, gold, and EURUSD for 27.05.2024

  27-05-2024 09:09 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's short-term uptrend continued on Friday last week.Oil price forecast for today: USCrude analysisOil increased above the Target Zone 77.11 - 76.12 within an upward correction. The price may rise to resistance (A) 79.32 - 79.02. From this area, it wil
  
  Read more

• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 27.05.2024

  27-05-2024 08:17 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 H4 timeframe shows a layout of an impulse forming. It consists of subwaves [1]-[2]-[3]-[4]-[5]. The subwaves [1]-[2]-[3]-[4] are complete. The initial part of the final impulse wave [5] is currently unfolding, with the first small subwaves (1)-(2) already formed. In the coming days, the price is expected to rise in impulse (3) above the level
  
  Read more

• Wall Street economists expect ‘friendly’ U.S. inflation data this Friday

  26-05-2024 20:01 via rocketnews.com
  Expectations about the future path of Federal Reserve interest-rate policy has been on a roller coaster this year and the next potential swoon could come Friday with the release of the Fed’s preferred inflation measure of consumer inflation.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnExpectations about the future path of Federal Reserve interest-rate policy has been on a roller coaster this year and the nex
  
  Read more

• Intel and AMD take a backseat as Qualcomm plays starring role in Microsoft’s AI PCs

  25-05-2024 14:32 via rocketnews.com
  When Microsoft Corp. unveiled a line of PCs and software this week designed to make the most of the artificial-intelligence revolution, it showcased a main processing chip — but it wasn’t from the software giant’s usual chip partner.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnWhen Microsoft Corp. unveiled a line of PCs and software this week designed to make the most of the artificial-intelligen
  
  Read more

• Housing has raised the cost of living — but higher rates aren’t the culprit, say analysts

  24-05-2024 21:24 via rocketnews.com
  Go head and blame higher interest rates for the “lock-in effect” gripping the U.S. housing market — but don’t call higher rates inflationary, say Ned Davis Research analysts.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnGo head and blame higher interest rates for the “lock-in effect” gripping the U.S. housing market — but don’t call higher rates inflationary, say Ned
  
  Read more

• Memorial Day car sales will be ‘raging’ — and these brands will have the best deals

  24-05-2024 20:25 via rocketnews.com
  People who have been waiting to buy a new car may spot some good discounts over Memorial Day weekend on 2023 model-year vehicles, especially on some domestic cars, as affordability issues have led inventory to pile up.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnPeople who have been waiting to buy a new car may spot some good discounts over Memorial Day weekend on 2023 model-year vehicles, especially on some domes
  
  Read more

• AMC and GameStop shares rally after registering biggest declines in a week

  24-05-2024 17:31 via rocketnews.com
  Shares of AMC Entertainment Holdings Inc. and GameStop Corp. were rallying in premarket trading Friday after registering their biggest declines in a week during Thursday’s session. Both stocks saw massive volatility last week amid a meme-stock rally fueled by the return of trader Roaring Kitty to social media.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnShares of AMC Entertainment Holdings Inc. and GameStop
  
  Read more

• 55% of swing-state voters dislike Bidenomics more than Trump’s abortion stance: poll

  24-05-2024 16:35 via rocketnews.com
  The 2024 White House race is close but presumptive Republican nominee Donald Trump appears to have the edge at the moment thanks in large part to swing-state voters who are frustrated with President Joe Biden’s handling of the U.S. economy, said analysts at the nonpartisan Cook Political Report on Thursday as they rolled out a new poll.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnThe 2024 White House race is
  
  Read more

• Yes, the American dream is dead, this financial influencer says — but here’s how to get rich anyway

  24-05-2024 16:34 via rocketnews.com
  “We cannot use the same playbook our parents gave us,” says Your Rich BFF creator Vivian Tu. Here’s what she says is keeping the white-picket-fence fantasy out of reach.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nn“We cannot use the same playbook our parents gave us,” says Your Rich BFF creator Vivian Tu. Here’s what she says is keeping the white-picket-fence fantasy out of reac
  
  Read more

• Eli Lilly to spend $5.3 billion to boost Zepbound, Mounjaro manufacturing

  24-05-2024 16:33 via rocketnews.com
  Eli Lilly said Friday that it has more than doubled its investment in a new manufacturing site to boost manufacturing capacity for its popular weight-loss drug Zepbound and diabetes treatment Mounjaro.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnEli Lilly said Friday that it has more than doubled its investment in a new manufacturing site to boost manufacturing capacity for its popular weight-loss drug Zepbound an
  
  Read more

• Ether ETFs near debut as some Democrats see ‘fervent opposition’ to crypto as political liability

  24-05-2024 14:54 via rocketnews.com
  U.S. regulators took a major step forward Thursday toward green-lighting a spot ether exchange-traded product that could potentially lead to mainstream adoption of the world’s second-most popular cryptocurrency.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnU.S. regulators took a major step forward Thursday toward green-lighting a spot ether exchange-traded product that could potentially lead to mainstream ado
  
  Read more

• XAUUSD: Elliott wave analysis and forecast for 24.05.24 – 31.05.24

  24-05-2024 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
  
  Read more

• WTI Crude Oil: Elliott wave analysis and forecast for 24.05.24 – 31.05.24

  24-05-2024 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
  
  Read more

• USDJPY: Elliott wave analysis and forecast for 24.05.24 – 31.05.24

  24-05-2024 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 146.44 – 140.13Analysis: 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 degre
  
  Read more

• Amazon Stock Analysis: AMZN Price Prediction for 2024, 2025-2026 and Beyond

  24-05-2024 12:32 via litefinance.org
  
  The Amazon stock price forecast is a topic of keen interest given the company’s market dominance and consistent growth over the years. In this discourse, we shall delve into various projections, including the Amazon stock forecast, shedding light on the prediction spectrum surrounding the company's market. Through a combination of analytical outlooks and technical analysis, we strive to provide you with clear medium- and long-term forecasts for AMZN stocks. Read on to learn everything abou
  
  Read more

Follow @news_analyst on Twitter!