Tullow Oil (LON: TLW) share price has staged a strong recovery in the past few weeks even as the price of oil retreated. The stock rose to a high of 52.40p, which was about 32% above the lowest point ...
Tag: forecast
Ethereum Coin Value Forecast for 2nd of August: Weakness in ETH Market
Today’s forecast will discuss activities in the ETH/USD and ETH/BTC markets. Also, we’ll look at what to expect from this market, going by signs displayed on trading indicators. At this point, we can ...
Rolls-Royce share price forecast ahead of half-year results
The Rolls-Royce (LON: RR) share price is moved sideways ahead of the upcoming half-year results scheduled for Thursday this week. The stock is trading at 90p, where it has been in the past few days. T...
S&P 500 index forecast for August 2022
S&P 500 (SPX) advanced approximately 9.1% for July and posted its biggest monthly percentage gain since November 2020. Second-quarter U.S. corporate results have mostly been stronger than expected...
USD/JPY forecast: A drop to 130 cannot be ruled out
The USD/JPY price crashed to the lowest level since June 17th as the recent dollar momentum faded. The pair dropped to a low of 132.35, which is about 4.51% below the highest level this month. J...
Intel Gives Dour Forecast; CEO Says Third Quarter Is ‘Bottom’
(Bloomberg) — Intel Corp. Chief Executive Officer Pat Gelsinger slashed sales and profit forecasts for the rest of the year, conceding that the struggling chipmaker needs more time to make its p...
EUR/USD forecast as US sinks to a recession and EU confidence slips
The EUR/USD price dropped sharply on Thursday after economic data from the US showed that the economy sunk to a recession in the second quarter. The pair dropped to a low of 1.0110, which was sharply ...
Best Buy cuts sales forecast as inflation pressures shoppers
Customers shop at a Best Buy store on August 24, 2021 in Chicago, Illinois. Scott Olson | Getty Images Best Buy on Wednesday cut its forecast for its fiscal year and second quarter, saying it has seen...
IMF recession warning sees Bitcoin dip under $21K amid fresh $1M BTC price forecast
Bitcoin (BTC) fell below $21,000 for the first time in eight days on July 26 as Wall Street prepared for a decision on United States’ anti-inflation policy. BTC/USD 1-hour candle chart (Bitstamp...
Microsoft Shares Rise on Upbeat 2023 Sales Growth Forecast
(Bloomberg) — Microsoft Corp. gave an upbeat sales forecast for the fiscal year that just began, easing investor concerns about growth that had flared up following a lackluster fourth-quarter ea...
Microsoft stock jumps after ‘shockingly robust’ forecast calls for continued strong cloud growth
Microsoft Corp. missed expectations for profit and revenue in a Tuesday earnings report, as deteriorating economic conditions led to an even greater shock than expected when executives revised their g...
Microsoft earnings: It’s the forecast that matters, so be patient
The most important financial news Microsoft Corp. executives will provide Tuesday requires a bit of a wait. Microsoft MSFT, -0.59% is scheduled to report fiscal fourth-quarter financial results after ...
Walmart Tumbles as Discounts Spur New Cut to Profit Forecast
(Bloomberg) — Walmart Inc. cut its profit outlook again in a surprise warning weeks ahead of its earnings report, sending retailer shares tumbling and raising new questions about US consumers’ a...
NXP Semiconductors Gives Bullish Forecast on Industrial and Auto Market Demand
(Bloomberg) — NXP Semiconductors NV, the second-biggest supplier of chips to the automotive industry, gave a strong forecast for the current quarter driven by demand for components used in cars....
Stock futures fall after Walmart cuts forecast, says inflation hit consumer spending
Traders on the floor of the New York Stock Exchange, June 28, 2022. Source: NYSE U.S. stock futures fell on Monday night after Walmart cut its profit forecast, sending retail stocks tumbling after hou...
Verizon shares fall after company cuts full-year forecast
A Verizon store in San Francisco, California, U.S., on Tuesday, July 20, 2021. Bloomberg | Getty Images Shares of Verizon fell Friday after the company reported second-quarter earnings that fell shy o...
DYDX/USD Price Forecast for July 20: dydx Attracting Impressive Gains
As of today, DYDX/USD has risen by 15.2%. This crypto dethroned Fantom to get to rise to the top of the crypto daily mover’s list today. Also, dydx crypto now trades at $2.388, and with indications, m...
Polygon price forecast: how will the zkEVM announcement impact its future value?
Polygon (MATIC/USD) is essentially a scaling platform specifically created for the Ethereum (ETH/USD) blockchain that aims to give developers access to the ability to build scalable decentralized appl...
S&P 500 Price Forecast – S&P 500 Continues to Threaten a Breakout
S&P 500 Technical Analysis The S&P 500 has shown itself to be bullish during the trading session on Tuesday as we continue to see a lot of noisy behavior. Ultimately, this is a market that wil...
Chip stocks rally despite an ominous forecast, as U.S. semiconductor funding bill advances in Senate
Chip stocks rallied to finish higher Wednesday after the Senate moved closer to greenlighting more than $50 billion in funds for U.S.-based chip manufacturing, even as one chip-equipment maker gave an...
Netflix Stock Surges On Q2 Profit Beat, Subscriber Growth Forecast
Updated at 5:17 pm EST Netflix Inc. (NFLX) – Get Netflix Inc. Report posted better-than-expected second quarter earnings Tuesday, but lost nearly 1 million subscribers and forecast softer near-...
Netflix Shares Jump Over 6% After It Reports Smaller Subscriber Loss Than Forecast
Topline Shares of Netflix surged after the closing bell Tuesday despite the streaming giant’s disclosure in its second-quarter earnings report that it lost subscribers for a second quarter in a row, a...
Fantom Value Forecast for July 19: FTM/USD Attracting Moderate Gains
FTM/USD rose to the top of the crypto daily mover list today. Although It was a tough battle between Fantom and Ethereum Classic, nevertheless Fantom came on top. This crypto has moved nearly 17% upwa...
EUR/USD Price Forecast – The Euro Has Initially Rallied During the Session Only to Give Up Gains
Euro vs US Dollar Technical Analysis The Euro initially tried to rally a bit during the session on Monday, as we continue to see a lot of volatility. That being said, the market certainly looks as if ...
New Forecast From 53 Experts Shows Cardano (ADA) Price To Hit $3 in 2025
– Advertisement – Following a massive recovery in crypto prices this week, a group of experts has made favorable predictions for Cardano (ADA). According to predictions made by a panel ...
Theta Price Forecast for July 18: THETA/USD Minimal Upside Gains
THETA/USD Moved a merger 2.15% upwards today. Be that as it may this crypto is the one with the highest movement today. And, as a result, the crypto current price is now $1.1997. What can be expected ...
Dow Jones, the S&P 500, and Nasdaq price forecast after higher-than-expected June inflation figures
Wall Street’s three main indexes weakened last week amid higher-than-expected June inflation figures and a disappointing initial round of the second quarter earnings reports. The June Consumer Price I...
Gold Price Forecast – Gold Markets Have a Quiet Friday
Gold Market Technical Analysis Gold markets are hanging about the $1700 level, calming down a bit after the massive selling-off that has been done to this market. I think a short-term bounce does make...
USD/JPY price forecast ahead of the July BOJ meeting
For financial market participants, the week ahead is a special one. The European Central Bank (ECB) meeting is due on Thursday, and it may be the highlight of the trading week, but one should not disc...
BitMEX Founder Arthur Hayes Updates Bitcoin Forecast, Predicts Fed Will Be Forced To Print Trillions of Dollars
Former BitMEX CEO Arthur Hayes says he expects Bitcoin (BTC) to bottom out and quickly recover as he predicts the Federal Reserve will once again inject trillions of dollars to the financial system. T...
Gold Weekly Price Forecast – Gold Plunges to Bottom of The Massive Consolidation Area
Gold Weekly Technical Analysis Gold markets have fallen significantly during the trading week again, as we are threatening the $1700 level. The $1700 level is an area that we have seen a lot of noise ...