Analyst news

• Stocks making the biggest moves premarket: Costco, Salesforce, Eli Lilly, Tyson Foods & more – CNBC

  29-05-2020 17:54 via rocketnews.com
  
  Check out the companies making headlines before the bell:
  Big Lots — Big Lots is the latest discount retailer to report a strong quarter amid the pandemic, earning an adjusted $1.26 per share compared with a 40 cent consensus estimate. Revenue exceeded forecasts as well, with same-store sales jumping 10.3% compared with a 1% FactSet consensus estimate. Big Lots said comparable store sales should increase a similar amount for the current quarter.
  Canopy Growth — The cannabis producer
  
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• Equifax stock falls as company says it’s feeling effect of weaker mortgage demand

  17-04-2024 23:58 via rocketnews.com
  Shares of Equifax fell after hours on Wednesday after the credit-scoring giant reported first-quarter revenue that missed expectations and said it expected a continued drop in mortgage inquiries this year, as the housing market stalls out under high home prices and interest rates.
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  [mwai_chat context=”Let’s have a discussion about this article:nnShares of Equifax fell after hours on Wednesday after the credit-scoring giant reported fir
  
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• United Airlines strikes compensation deal with Boeing for Max groundings, delays

  17-04-2024 23:02 via rocketnews.com
  United Airlines says compensation terms stem from damages incurred in the first quarter thanks to the Boeing’s BA 737 Max 9 groundings and certification delays for the 737 Max 10 aircraft.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnUnited Airlines says compensation terms stem from damages incurred in the first quarter thanks to the Boeing’s BA 737 Max 9 groundings and certification delays for the 737
  
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• Fed’s Beige Book finds steady economic growth but little progress in reducing inflation

  17-04-2024 20:27 via rocketnews.com
  The U.S. economy grew slightly faster in the early spring and businesses added more workers, a Federal Reserve survey found, but there was little progress in further reducing inflation.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnThe U.S. economy grew slightly faster in the early spring and businesses added more workers, a Federal Reserve survey found, but there was little progress in further reducing inflation.nn
  
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• Trump media stock ‘DJT’ rises for a change — its best day since the ticker symbol changed

  17-04-2024 19:59 via rocketnews.com
  Investors in Trump Media and Technology were enjoying a rare win on Wednesday, as Donald J. Trump’s social-media platform’s stock rallied on a day that the broader stock market fell.
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  [mwai_chat context=”Let’s have a discussion about this article:nnInvestors in Trump Media and Technology were enjoying a rare win on Wednesday, as Donald J. Trump’s social-media platform’s stock rallied on a day that the broader st
  
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• Morgan Stanley reportedly planning four-part bond deal a day after blowout earnings

  17-04-2024 17:40 via rocketnews.com
  Morgan Stanley is planning to tap the investment-grade bond market later Wednesday with a four-part deal divided between four-year, six-year and 11-year notes, Bloomberg reported.
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  [mwai_chat context=”Let’s have a discussion about this article:nnMorgan Stanley is planning to tap the investment-grade bond market later Wednesday with a four-part deal divided between four-year, six-year and 11-year notes, Bloomberg reported.nnDiscussion:n
  
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• Oil prices touch 2-week lows with U.S. supplies up a 4th week in a row

  17-04-2024 16:57 via rocketnews.com
  Crude oil traded lower on Wednesday for the third-straight day as prices of both the U.S. and international benchmarks continued to consolidate just below five-month highs reached earlier this month.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnCrude oil traded lower on Wednesday for the third-straight day as prices of both the U.S. and international benchmarks continued to consolidate just below five-month highs r
  
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• Economic calendar for the week 22.04.2024 – 28.04.2024

  17-04-2024 16:19 via litefinance.org
  
  The dollar has maintained its position on the foreign exchange market after the publication of inflation data in the United States indicating its acceleration. Macro data published last week, in particular the data on retail sales volumes, also turned out to be positive, and the rhetoric of statements made by representatives of the Fed continues to remain moderately tough.Now, many economists believe that the Fed may even postpone the interest rate cut until next year if the next inflation data,
  
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• ‘We’re pricing in an acceleration.’ Portfolio manager offers two stocks to protect from this big investor blind spot.

  17-04-2024 14:59 via rocketnews.com
  Markets are pricing in an acceleration, and not even a mild recession, warns Matt Stucky, chief portfolio manager, equities, at Northwestern Mutual Wealth Management. He’s got two stocks for that.
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  [mwai_chat context=”Let’s have a discussion about this article:nnMarkets are pricing in an acceleration, and not even a mild recession, warns Matt Stucky, chief portfolio manager, equities, at Northwestern Mutual Wealth Manag
  
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• The U.S. economy is on a hot streak it hasn’t seen in 20 years

  17-04-2024 14:58 via rocketnews.com
  The economy is on track to expand by at least 2% for the seventh quarter in a row.Just how strong is that? The last time the U.S. pulled off such a feat was 20 years ago.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe economy is on track to expand by at least 2% for the seventh quarter in a row.Just how strong is that? The last time the U.S. pulled off such a feat was 20 years ago.nnDiscussion:nn” ai_name=&
  
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• Travelers’ stock having worst post-earnings day in 2 years after profit miss

  17-04-2024 14:18 via rocketnews.com
  Shares of Travelers Companies Inc. took a hit Wednesday, after the property casualty insurer missed expectations for first-quarter profit, combined ratio, and net premiums written, while total revenue beat views.
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  [mwai_chat context=”Let’s have a discussion about this article:nnShares of Travelers Companies Inc. took a hit Wednesday, after the property casualty insurer missed expectations for first-quarter profit, combined ratio, and n
  
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• Oil prices slide for third day as geopolitical tensions ease

  17-04-2024 14:16 via rocketnews.com
  Crude oil traded lower on Wednesday for the third-straight day as prices of both the U.S. and international benchmarks continued to consolidate just below five-month highs reached earlier this month.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnCrude oil traded lower on Wednesday for the third-straight day as prices of both the U.S. and international benchmarks continued to consolidate just below five-month highs r
  
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• Yen poised to depreciate. Forecast as of 17.04.2024

  17-04-2024 11:49 via litefinance.org
  
  What stops the Japanese government and the Bank of Japan from intervening in the Forex market? Today seems to be the day for currency interventions, as the USDJPY pair is surging at a rapid pace. Let's discuss the Forex outlook and make up a trading plan.Weekly fundamental forecast for Japanese yenSome say that nerves are the root of all diseases. The market is nervous. The USDJPY pair fell sharply in the US session on April 16th and then rebounded, indicating that investors are worried abo
  
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• Solana vs Ethereum: Which Blockchain Leads in Performance and Adoption?

  17-04-2024 11:31 via litefinance.org
  
  The platform for developing decentralized applications, Solana, which emerged in the middle of 2020, was dubbed the "Ethereum killer" in the media. However, after over three years, the platform has not managed to surpass its competitor in popularity, despite its advantages in scalability and transaction processing speed. The Solana ecosystem is inferior to Ethereum both in terms of the number of projects deployed on its blockchain and in total value locked (TVL).Read on to learn about the key di
  
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• Biden calls for tripling tariffs on Chinese steel, probing Beijing’s potential unfair trade practices in shipbuilding

  17-04-2024 11:00 via rocketnews.com
  President Joe Biden’s administration on Wednesday rolled out new measures that aim to protect U.S. industries and target China, with the effort coming as Biden is due to speak later in the day in Pittsburgh to the United Steelworkers union.
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  [mwai_chat context=”Let’s have a discussion about this article:nnPresident Joe Biden’s administration on Wednesday rolled out new measures that aim to protect U.S. industries and target
  
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• Short-term analysis for oil, gold, and EURUSD for 17.04.2024

  17-04-2024 09:46 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 remains in a short-term downtrend.Oil price forecast for today: USCrude analysisOil continues to trade in a short-term bullish trend. Today is a good time to open long trades with the target at the April 12 high. If the price increases above the April 12
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 17.04.2024

  17-04-2024 08:57 via litefinance.org
  
  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 analysisThe BTCUSD market is forming a flat A-B-C. Wave A has finished as a zigzag and wave B has completed as a triple zigzag. The final wave C is developing as a bearish impulse, with correction [4] nearing completion. Next, the Bitcoin price will resume falling to a suppo
  
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• Dollar needs more time. Forecast as of 17.04.2024

  17-04-2024 08:48 via litefinance.org
  
  Investors were worried that Jerome Powell would hint at raising the federal funds rate. He rejected this idea, which allowed the EURUSD to stabilize. Let us discuss the Forex outlook and make up a trading plan.Weekly US dollar fundamental forecastWhen the Fed turned dovish in December, markets began to demand that the central bank cut the federal funds rate 6-7 times in 2024. After the release of US inflation data for March, investors began to speculate about a resumption of the monetary tighten
  
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• Inflation in New Zealand eases, but rate cuts unlikely in near term

  17-04-2024 01:40 via rocketnews.com
  New Zealand’s consumer prices rose by less than expected in the first three months of this year, giving the country’s central bank more latitude to join global counterparts which have either cut interest rates or are considering doing so.
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  [mwai_chat context=”Let’s have a discussion about this article:nnNew Zealand’s consumer prices rose by less than expected in the first three months of this year, giving the country&
  
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• This is why investors shrugged off Powell’s ‘reset’ of Fed rate-cut expectations

  16-04-2024 23:59 via rocketnews.com
  Investors largely took Federal Reserve Chair Jerome Powell’s comments on the outlook for interest rates in stride on Tuesday — a development that might have come as a surprise to some market watchers.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnInvestors largely took Federal Reserve Chair Jerome Powell’s comments on the outlook for interest rates in stride on Tuesday — a development that mi
  
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• ‘Grand Theft Auto’ maker Take-Two to cut jobs, cancel games in cost-cutting plan

  16-04-2024 23:56 via rocketnews.com
  Videogame maker Take-Two Interactive Software Inc. said late Tuesday it will lay off about 5% of its workforce, cancel games and streamline its operations as it aims to save about $165 million a year.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnVideogame maker Take-Two Interactive Software Inc. said late Tuesday it will lay off about 5% of its workforce, cancel games and streamline its operations as it aims to sav
  
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• United Airlines rallies on profit forecast. But it’s adapting to the ‘reality’ of Boeing’s difficulties.

  16-04-2024 23:51 via rocketnews.com
  Shares of United Airlines Holdings Inc. rallied after hours on Tuesday, after the airline forecast a second-quarter profit that was above expectations, helped by strong demand and a rebound in business travel.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnShares of United Airlines Holdings Inc. rallied after hours on Tuesday, after the airline forecast a second-quarter profit that was above expectations, helped by s
  
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• Happy Thingyan Day to our Myanmar clients

  16-04-2024 23:01 via litefinance.org
  
  Dear Clients,LiteFinance sincerely congratulates all Myanmar people on the sacred holiday of Thingyan. May the waters of celebration wash over us all, bringing prosperity, happiness, and peace in the year ahead.We remind you that in honor of the holiday, a special bonus is valid throughout April. Receive 100% on every deposit of $100 or more by activating the promo code THINGYAN24 when making a deposit.Happy Thingyan Holiday!Best wishes,LiteFinance Read more
  
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• J.B. Hunt sees lower volumes, weaker demand; stock drops 6%

  16-04-2024 22:52 via rocketnews.com
  Shares of J.B. Hunt Transport Services Inc. fell 6% in the extended session Tuesday after the transportation company reported drops in its quarterly profit and revenue after weaker demand.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnShares of J.B. Hunt Transport Services Inc. fell 6% in the extended session Tuesday after the transportation company reported drops in its quarterly profit and revenue after weaker dem
  
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• ‘Extremely active’ hurricane season may lead to late-summer surge in gas prices

  16-04-2024 20:19 via rocketnews.com
  U.S. gasoline prices at the pump probably aren’t too far from their likely peak this year, but aparticularly active Atlantic hurricane season could lead to a late-summer surge in fuels costs, analysts warned Tuesday.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnU.S. gasoline prices at the pump probably aren’t too far from their likely peak this year, but aparticularly active Atlantic hurricane season co
  
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• Live Nation’s stock falls on report of pending Justice Department antitrust suit

  16-04-2024 17:35 via rocketnews.com
  Shares of Ticketmaster parent Live Nation Entertainment fell after hours on Monday following a report that the Justice Department could soon file an antitrust suit accusing the concert-ticketing giant of stifling competition.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnShares of Ticketmaster parent Live Nation Entertainment fell after hours on Monday following a report that the Justice Department could soon file a
  
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• Fund managers are giving up on bonds in a way they haven’t in 20 years

  16-04-2024 16:44 via rocketnews.com
  Fund-manager allocations to bonds dropped by the most in more than 20 years as they become more optimistic on growth while becoming less convinced the Fed will succeed in fighting inflations, a survey published Tuesday showed.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnFund-manager allocations to bonds dropped by the most in more than 20 years as they become more optimistic on growth while becoming less convinced
  
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• IMF projects sharply stronger growth for U.S. in 2024

  16-04-2024 15:00 via rocketnews.com
  The outlook for the global economy is for continued solid growth and declining inflation, bolstered by stronger-than-expected growth in the United States, the International Monetary Fund said Tuesday.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnThe outlook for the global economy is for continued solid growth and declining inflation, bolstered by stronger-than-expected growth in the United States, the International
  
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• Stock-market pullbacks are price of admission. Historically, markets rise afterwards, this strategist says.

  16-04-2024 14:41 via rocketnews.com
  Keith Lerner, chief market strategist at Truist Advisory Services, said it’s normal for markets to pull back — only three years out of the last 40 was there not a pullback of more than 5%.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnKeith Lerner, chief market strategist at Truist Advisory Services, said it’s normal for markets to pull back — only three years out of the last 40 was there not
  
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• Gold price skyrockets. Forecast as of 16.04.2024

  16-04-2024 11:21 via litefinance.org
  
  One of the most well-known investment edicts is "Do not fight the Fed." In 2024, gold refrains from following this principle. The precious metal disregards US inflation and monetary policy, continuing to grow steadily. Let's discuss it and make a trading plan.Monthly fundamental forecast for goldIn 2024, the intermarket analysis became inefficient. In the first quarter, investors wondered how the S&P 500 index, seen as a global risk appetite barometer, and a safe-haven asset like t
  
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