The big jump. getty As humans, we like to find patterns in events, and thus try to forecast what will come. But allure of prognostications can lead us astray as investors. Jason Lina, founder of Golde...
Tag: forecasts
Royal Mail Owner Cuts Forecasts, Announces Plans To Cut 10,000 Staff
Photo by Oli Scarff/Getty Images Getty Images International Distributions Services — or the stock formerly known as Royal Mail — slashed its earnings forecasts for the year on Friday. This sent shares...
Billionaire Mike Novogratz Forecasts How Long the Bitcoin and Crypto Bear Market Will Last
Galaxy Digital CEO Mike Novogratz is updating his outlook on the future of the current bear market and the crypto markets as a whole. Novogratz says in a Yahoo Finance interview that Bitcoin (BTC) and...
DS Smith’s Shares Soar 11% As Trading Beats Forecasts. Here’s Why You Should Buy It
UKRAINE – 2021/04/30: In this illustrative image, DS Smith logo is seen displayed on a smartphone … [+] and a pc screen. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Ge...
A sneak preview of Wall Street’s 2023 stock market forecasts
This post was originally published on TKer.co Stocks surged 5.7% on Monday and Tuesday and then shed almost all of those gains on Wednesday, Thursday, and Friday. When it was all said and done, the S&...
Greenidge Generation Recruits New Executive Leaders, Forecasts Losses in Q3
Bitcoin mining company and zero carbon power plant supplier Greenidge Generation has announced a transition of leadership and a possible loss in Q3. According to the press release, the CEO, Jeffrey Ki...
Crypto Prediction Market. Make Forecasts And Earn
From what was described as a bubble and gained damning criticism from individuals, banks, and governments, the cryptocurrency industry has gained worldwide popularity. Companies, business organization...
Coming CPI Inflation Reports Could Spike According To Most Recent Forecasts
Shopping in Rosemead, California on April 21, 2022. – US inflation reached a four-decade high of … [+] 8.5% in March, what will the October CPI report bring? (Photo by Frederic J. BROWN / ...
Analyst Predicts October Rallies for Chainlink and Polygon, Unveils Forecasts for Three Additional Altcoins
A popular crypto analyst says decentralized oracle network Chainlink (LINK) and Ethereum (ETH) scaling solution Polygon (MATIC) could witness rallies this month. Crypto strategist Michaël van de Poppe...
Tesla delivered a record 343,830 vehicles in Q3, but still missed Wall Street’s forecasts
Tesla reported Sunday it delivered 343,830 vehicles in the third quarter, a new record and a turnaround from earlier this year when a shutdown at its China factory and challenges around opening factor...
Billionaire Chamath Palihapitiya Forecasts Major Market Shift After Correctly Calling 2022 Market Crash
Billionaire venture capitalist Chamath Palihapitiya is predicting a big trend shift in the financial markets after nailing this year’s collapse. In a new All-In podcast, the Social Capital CEO says he...
U.K. Prime Minister Liz Truss Admits Mistake in Communicating Economic Plan
LONDON—U.K. Prime Minister Liz Truss said that her government could have done a better job preparing financial markets for a surprise tax-cut plan funded by increased debt, but otherwise defended the ...
‘Painfully slow capitulation’: Why investors keep getting inflation wrong
A brutal third quarter in financial markets came to a close on Friday and one thing is overwhelmingly clear: Inflation is the single most important factor driving asset valuations right now and yet fe...
Goldman Slashes Oil Price Forecasts But Says It Remains Bullish
(Bloomberg) — Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Most Read from Bloomberg Goldman Sachs Group Inc. sharply lowered its oil price forecasts a...
On Home Prices, Powell Forecasts A Correction, What Is He Seeing?
| Getty Images Key Takeaways Home sales are down 20% from a year ago, leading to optimism from those looking to get into the real estate market. Economists predict home price growth to stall in 2023. ...
Costco Earning Beat Forecasts, Membership Fees Top $1.3 Billion
Updated at 5:30 pm EST Costco Wholesale (COST) posted better-than-expected fourth quarter earnings Thursday, with membership revenues topping $1.327 billion as new value-focused customers piled in t...
Billionaire Mike Novogratz Forecasts Ethereum (ETH) Bottom, Rules Out One Outcome for Bitcoin (BTC)
Billionaire Mike Novogratz is predicting Ethereum (ETH) is near the bottom after its successful merge upgrade earlier this month. In a new CNBC interview, the CEO of Galaxy Digital praises the Ethereu...
The Fed forecasts hiking rates as high as 4.6% before ending inflation fight
U.S. Federal Reserve Board Chairman Jerome Powell speaks during a news conference at the headquarters of the Federal Reserve, July 27, 2022 in Washington, DC. Drew Angerer | Getty The Federal Reserve ...
CNBC Panellist Forecasts Further Dips For BTC As Struggle For $19k Continues ⋆ ZyCrypto
Advertisement     Bitcoin (BTC) is still contending with the bears for the $19K support level. While the crypto community anticipates a trend reversal, a CNBC panellis...
Fed Mega-Hike Expected On September 21, Despite Tamer Inflation Forecasts
WASHINGTON, DC – JUNE 19: Federal Reserve Board Chairman Jerome Powell is expected to announce a … [+] 50bps to 75bps rate increase on September 21 according to market futures. (Photo by M...
Renowned Terra whistleblower Warns Investors Against Jumping on LUNC Train, Forecasts an Imminent Crash
– Advertisement – Renowned Terra whistleblower FatMan advises market participants against investing in LUNC as he sees a crash looming. Terra Classic (LUNC) has sustained its mind-boggli...
Latest Forecasts Optimistic On Upcoming CPI Inflation Reports
President Biden has drawn attention to lower gasoline prices, which could lead to further mild CPI … [+] reports, but will this be enough for the Fed? (Photo by Jim WATSON / AFP) (Photo by JIM W...
Some optimistic forecasts for Bitcoin are surfacing
Various predictions about Bitcoin’s future price circulate every day, and they are often both positive and negative. Today, two positive ones stand out among them, considering the source. Analysts’ ...
Top Crypto Trader Forecasts What’s Next for Bitcoin, Ethereum and One Altcoin That’s Up Over 120% in Two Months
A popular analyst is setting updated price targets for a trio of cryptocurrencies as the markets head into the weekend. The pseudonymous crypto trader Altcoin Sherpa first examines the possibility tha...
CryptoQuant Analyst Forecasts High Returns on DCA Accumulation of Bitcoin at These Levels
– Advertisement – Accumulation Through Aggressive DCA in These Zones Can Bring High Potential Returns in the Next 6 Months/1 year. Profit/Loss on current #Bitcoin supply is back in botto...
The Dollar Will Get Even Stronger. Why That Could Slam the Global Economy.
Even for mighty Microsoft , $595 million is a lot of money. That’s how much the software giant’s sales were reduced in the most recent quarter by the ever-stronger U.S. dollar. Indeed, a broad range o...
HP Enterprise’s Earnings Match Forecasts. The CEO Sees ‘Enduring Demand.’
Text size The strength of the dollar hit revenue far harder than HP Enterprise expected at the start of the year. Dreamstime Showing resilience in the face of a difficult economic environment and grow...
Economist predicts a ‘whopper’ of recession in 2023 — and that’s not necessarily due to higher interest rates
Financial markets investors worry the U.S. is on the brink of an economic downturn as central bankers in Jackson Hole reaffirmed their determination to raise interest rates to bring inflation under co...
Baidu Stock Jumps After Q2 Sales Top Forecasts on Cloud Strength
Baidu (BIDU) shares jumped higher Tuesday after the China-based tech giant posted a smaller-than-expected decline in second quarter revenues as cloud sales offset persistent weakness in advertising....
Deere stock drops after profit miss and trimmed net income outlook, while revenue rises well above forecasts
Shares of Deere & Co. DE, +0.90% dropped 6.8% in premarket trading Friday, after the agriculture, construction and turf care equipment maker reported fiscal third-quarter profit that missed expect...
Redditor launches a Telegram-based bot that forecasts crypto prices
Investing and trading cryptocurrencies is appealing to many due to its potential high returns, but it can also be challenging, especially if the market conditions are unfavorable, leading one programm...
Tencent Q2 2022 Financial Report Falls Short of Revenue Forecasts for First Time Due to Covid Resurgence, Gaming Regulation
Tencent ascribed its disappointing Q2 2022 report due to a number of macroeconomic factors. These include Covid resurgence-induced lockdowns and tighter gaming laws for minors Tencent recently posted ...