Thursday was a tale two of two metals: Alcoa stock dived on an outlook tempered by higher costs and lower production, while Nucor and Steel Dynamics closed at record highs after predicting a record pr...
Tag: Outlook
Philip Morris lowers 2022 outlook on plans of exiting Russia
Philip Morris International Inc (NYSE: PM) reported market-beating results for its fiscal Q1 on Thursday despite a hit to its business due to the Ukraine war. Shares are up 2.0% today. Philip Morris f...
Huobi Ventures Releases Annual Outlook Report, Marking a Transformative Year for the Blockchain Industry
[PRESS RELEASE – Please Read Disclaimer] Huobi Ventures, the global investment arm of Huobi Group, today announced the release of its Annual Summary and Outlook Report. The report commemorates one yea...
Huobi Ventures releases annual outlook report marking a transformative year for blockchain
Huobi Ventures, the global investment arm of Huobi Group, today announced the release of its Annual Summary and Outlook Report. The report commemorates one year since Huobi Group consolidated its vari...
Crude oil price outlook as supply and demand concerns persist
Crude oil price has edged higher in early Thursday trade even as it remains within a horizontal channel. As at , WTI futures, the time of writing, the benchmark for US oil, was at $103.36; up by 0.93%...
Tesla Quarterly Profit Soars To $3.3 Billion As Supply Chain, Covid Woes Cloud Outlook
Tesla CEOElon Musk speaks at the opening of the electric carmaker’s Giga Texas plant on April 7, 2022 in Austin. AFP via Getty Images Tesla Inc., the world’s leading producer of electric vehicle...
Top Analyst Says One Group of Altcoins Can Pull Off 10x Rallies, Updates Outlook on Three Crypto Assets
Crypto trader Michaël van de Poppe is eyeing several crypto assets as well as one blockchain sector that he says is experiencing major adoption. In a new tweet, the popular analyst presents his 584,80...
Gold achieves a 5-week high as investors seek refuge from a dimming economic outlook
Gold rose above $1,980 an ounce on April 18, representing the highest price since mid-March. As the war in Ukraine shows no signs of slowing down, the European Union mulling banning Russian gas import...
Recession Risks Duel Resilience Hopes in Global Economy Outlook
(Bloomberg) — The fastest inflation in decades and the resulting rush by central banks to raise interest rates are stoking recession fears in financial markets — worries that are being com...
Bitcoin Near Term Outlook is Uncertain! Here is What Traders Can Expect
Early on April 16, cryptocurrencies were trading in the green. The worldwide crypto market capitalization is now $1.89 trillion, up 1.14 percent from the previous day. The overall crypto market volume...
BTC outlook uncertain as per Lyn Alden
Bitcoin (BTC) price will be difficult to forecast as per Macro scale master Lyn Alden Another financial variable is making it more challenging to forecast the same The course of the following half y...
Macro Analyst Lyn Alden Says Near-Term Outlook for Bitcoin (BTC) Very Uncertain – Here’s Why
Macro guru Lyn Alden says that a new economic variable is making it more difficult to predict the price of Bitcoin (BTC) over the next six months. In a new interview on Kitco News, Alden says that the...
Rite Aid Stock Is Soaring. The Outlook Impresses Investors.
Text size Rite Aid’s quarterly loss was bigger than expected. Mario Tama/Getty Images Rite Aid’s stock surged after the drugstore chain said it expects to lose less money in the current fiscal y...
Bitcoin price outlook for 14 April: Here’s what analysts are saying about BTC
Bitcoin continues to hold above $40,000 after Wednesday’s bounce from prices near $39,000. Bulls are looking to break higher but face a stiff challenge at the key supply zone around $42K. It’s looking...
Crude oil price outlook amid the ongoing supply/demand imbalance
Crude oil price has eased on its rebound while holding steady above the critical level of $100 per barrel. At the time of writing, Brent futures were at $107.49, down by 1.19%. At the same time, WTI f...
Gold price outlook with US inflation data in the horizon
Gold price has rallied past the crucial resistance level of $1,950 ahead of the US inflation data. Even with prospects of interest rate hikes, its status as a hedge against inflation and safe-haven wi...
Crypto Outlook: Big Hack, Yellen Coming Around and Bitcoin to $500,000?
The S&P Cryptocurrency Broad Digital Market Index (SPCBDM) ended the week at 3,925.70. It’s down 5.6% for the month of April, and 13% on a year-to-date basis. Even so, investors are striking a po...
Soft Smartphone Outlook Merits Lowered Estimates, Says J.P. Morgan
Qualcomm (QCOM) investors should prepare from some rocky months ahead, if J.P. Morgan’s Samik Chatterjee’s latest assessment is anything to go by. Due to expectations the global smartphone market will...
Gold price outlook as safe-haven appeal offsets rate hike bets
Gold price has held steady after the FOMC meeting minutes. Granted, higher Treasury yield have continued to curb its upward potential. Nonetheless, it is finding support in the Russia-Ukraine war and ...
Long Term Bullish Outlook For Ethereum (ETH), Solana (SOL) and Avalanche (AVAX) – Coinpedia – Fintech & Cryptocurreny News Media
Following a spectacular surge throughout March, BTC has had a minor pullback ahead of the Bitcoin 2022 conference in Miami.BTC is experiencing a rare period of calm, but any substantial positive news ...
Here is Ray Dalio’s inflation outlook, on a scale of 1 to 10
Billionaire investor and financial markets historian Ray Dalio is sending a dire warning on the outlook for inflation. “Oh, I’m like an eight, an eight to 10 or something like that,”...
Vitalik worried about Ethereum’s outlook and price trajectory
Ethereum prime supporter Vitalik Buterin communicated his interest about the blockchain’s future He blended opinions toward his viewpoint on crypto’s dangers in a meeting Digital crypto wallets and t...
U.K. Sees Positive Outlook on Industry as It Seeks to Become ‘Global Hub for Crypto Asset Technology’
The U.K. government has made a series of announcements to turn the country into a ‘global cryptoasset technology hub.’ Stablecoins, NFTs and crypto businesses The government moved to recognize stablec...
Analyst Says One Altcoin Has Best Looking Chart in All of Crypto, Updates Outlook on Two Ethereum Rivals
A veteran trader says one Ethereum-based altcoin has the best looking chart on the market and that two ETH rivals are set to rally. The pseudonymous crypto trader known as Cantering Clark says that he...
Walgreens Earnings Top Estimates but Its Outlook Crushes the Stock.
Text size Walgreens delivers a second-quarter earnings beat. (Photo by Justin Sullivan/Getty Images) Justin Sullivan/Getty Images Walgreens Boots Alliance tumbled Thursday after investors were disappo...
Crude oil price outlook amid talks of US SPR releases
Crude oil price has edged lower as the US considers making yet another release from its Strategic Petroleum Reserve (SPR). The bulls are defending the support at the psychological level of $100 with ...
UiPath stock drops 20% after outlook falls short of Wall Street expectations
UiPath Inc. shares dropped in the extended session Wednesday after the “software robot” provider’s weaker-than-expected outlook overshadowed a beat of Wall Street’s quarterly results estimates. UiPath...
Silver price outlook ahead of the US PCE index
Silver price has bounced off the week’s low while still finding resistance at $25.00. Scepticism over Russia’s claims to scale back and the decline in Treasury yields have supported the precious metal...
Nvidia’s Gaming and Datacenter Outlook Is Strong. The Stock Gets an Upgrade.
Text size Gamers compete at the ‘Nvidia’ booth during the Electronic Entertainment Expo E3 in Los Angeles. Christian Petersen/Getty Images Nvidia stock was rising Wednesday after it receiv...