After Lyft Inc.’s financial results sent Uber Technologies Inc. shares into a spiral late Tuesday, Uber announced executives would move up the time of their own earnings announcement. Lyft LYFT, -2.35...
Tag: forecast
AMD Soars After Data-Center Chip Sales Fuel Upbeat Forecast
(Bloomberg) — Advanced Micro Devices Inc. gave a strong sales forecast for the current quarter, indicating that the chipmaker continues to make strides in its most lucrative market: data-center ...
‘More likely’ BTC price will hit $100K before Bitcoin sweeps $30K lows, forecast says
Bitcoin (BTC) may not crash below $30,000 and instead jump to $100,000 before sweeping its lows. That was the opinion of popular trader Credible Crypto, who, on May 2, shared an updated view of how BT...
Crude oil price forecast ahead of the week’s influential meetings
Crude oil price is on a rebound while remaining range-bound ahead of two crucial meetings. While the Federal Reserve and the Organization of Petroleum Exporting Countries and its allies (OPEC+) have d...
Silver price forecast with the Fed interest rate decision in the horizon
Silver price is beginning the new week on a downtrend amid heightened prospects of aggressive interest rate hikes by the Federal Reserve. Indeed, all eyes are on the Fed interest rate decision schedul...
XRP Price Forecast : No Bull Rally Soon, On-Chain Metrics Hints Short Term Pull Back – Coinpedia – Fintech & Cryptocurreny News Media
Over the past few days, along with Bitcoin and other major cryptocurrencies, XRP too had declined. However, today, Ripple’s XRP is trading above its immediate resistance level of $0.60. Yet overall th...
FTSE 100 forecast as the UK earnings season continues
The FTSE 100 index rose for the third straight day as investors reacted to the ongoing UK and US earnings season. The Footsie rose to a high of £7,576, which was slightly below the year-to-date high o...
USD/CHF price forecast as Swiss retail sales dive
The USD/CHF price retreated slightly on Friday after the relatively mixed economic data from Switzerland and an important speech by SNB’s Jordan. It is trading at 0.9688, which is about 0.77% below th...
Cathie Wood Stock Pick Teladoc Sinks 40% After Slashing Forecast
(Bloomberg) — Teladoc Health Inc., a telemedicine company that is one of Cathie Wood’s biggest investments, lost almost half its value Thursday after slashing its forecast on cost inflation and ...
Amazon shares plunge 10% after company issues disappointing revenue forecast
Shares of Amazon (AMZ) dropped after the company revealed a revenue forecast that missed analyst estimates as consumers curb online spending in the face of economic uncertainty and a return to in-pers...
Southwest Airlines 2022 profit forecast sees bookings, fares outpacing costs
A Southwest Airlines jet lands at Midway International Airport on January 28, 2021 in Chicago, Illinois. Scott Olson | Getty Images Southwest Airlines reiterated its forecast for second-quarter and 20...
PayPal Trims 2022 Outlook But Beats Revenue Forecast
PayPal lowered its forecast for adjusted profit for 2022 to a range of $3.81 to $3.93 a share. Justin Sullivan/Getty Images Text size PayPal Holdings said its first quarter was a “solid start” but cut...
Bitcoin price forecast after an aggressive anti-crypto speech delivered by the ECB
The crypto community must have been astonished by ECB’s Executive Board Member Fabio Panetta’s speech at Columbia University in New York. Called “For a few cryptos more: the Wild West of crypto financ...
Annaly stock price forecast: Is this a value trap?
The Annaly (NYSE: NLY) stock price has crashed hard in the past few days. The stock has retreated to a low of $6.53, which is about 25% below the highest level in June 2021. It is close to its lowest ...
JPX Reports 2.3% Drop in FY22 Net Income, Keeps Forecast Bearish
Japan Exchange Group (JPX), a major Japanese stock exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can...
Snowflake stock price forecast: Wolfe Research sees a 45% upside
Snowflake Inc stock (NYSE: SNOW) is up roughly 10% on Monday after the cloud computing-based data warehousing company received a positive note from Wolfe Research. Analyst announces a $250 PT on Snowf...
EUR/JPY price forecast after reaching a 4-year high in April
The Japanese yen’s decline was the main theme of the trading year so far. It fell against its peers on the back of the Bank of Japan’s policies diverging from the rest of the central banks in advanced...
What home prices will look like in 2023, according to Zillow’s revised downward forecast
There’s no doubt about it: Soaring mortgage rates are an economic shock to the U.S. housing market. Over the past month alone, the average 30-year fixed mortgage rate has spiked from 3.11% to 5....
Tesla share price forecast after Q1 results
Tesla,Inc. (NASDAQ: TSLA) shares are advancing after the company reported better than expected first-quarter results and announced plans to grow its manufacturing capacity as quickly as possible. A re...
Dry Weather Forecast Calls For Higher Food Prices And Billions In Farm Losses
Record-breaking drought is reordering American agriculture. Third-generation San Joaquin Valley farmer Gary Beene will plant only half his 1,200 acres this year. He doesn’t have enough water for the o...
Tesla Tops Q1 Earnings Forecast, Record Sales, Improving Margins
Updated at 5:15 pm EST Tesla (TSLA) – Get Tesla Inc Report posted stronger-than-expected first quarter earnings Wednesday, with record revenues and a big jump in profit margins, as the clean-en...
Carvana stock price forecast ahead of earnings
The Carvana (NYSE: CVNA) stock price is crawling back as investors focus on the upcoming quarterly results. The shares are trading at $101.77, which is slightly above this week’s low of $94. They are ...
World Bank Cuts Global Growth Forecast, Cites Ukrainian War, Other Factors
According to the World Bank, factors including the war in Ukraine, fuel prices, and food shortages have caused a reduction in global growth. The World Bank recently lowered its annual global growth fo...
Gold price forecast as the bulls eye a critical zone
Gold price has eased from Monday’s five-week high amid a strong US dollar and rising Treasury yields. Indeed, the two factors have placed a lid on the precious metal’s upward potential. gold price Fun...
US dollar index forecast: Here’s why the DXY has surged
The US dollar index (DXY) continued its bullish trend as the bond sell-off eased slightly. The index is trading at $100.77, which is the highest it has been since 2020. It has jumped by over 12% from ...
Gold price forecast amid a sharp rise in US real rates
Gold price moved back above $2,000 for a short period in 2022, threatening to break the all-time high made in 2020. For close to two years, the yellow metal trades in a $200 range, and many investors ...
Peloton stock price forecast as the firm changes strategy
The Peloton (NASDAQ: PTON) stock price has been in a relentless sell-off in the past few months as concerns about the company’s future remain. The stock has dropped to $23.87, which is close to its al...
Nike stock price forecast: UBS sees a 30% upside
Nike Inc stock (NYSE: NKE) closed about 5.0% up on Thursday after UBS analyst Jay Sole said he was “very bullish” on the American multinational sportswear giant. Sole sees upside to $173 i...
DOT price forecast after USDT launches on Kusama
Polkadot DOT/USD is a blockchain that features a core network known as the relay chain, where other blockchains can connect and communicate with one another. This relay chain handles security and tran...
EUR/USD forecast ahead of the ECB interest rate decision
The EUR/USD pair is in the spotlight ahead of the latest US retail sales data and the interest rate decision by the European Central Bank (ECB). It is trading at 1.0882, which is slightly above the lo...