Category: Expects
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Western Digital expects $100 productivity benefit from AI; ‘soft-spin’ likely in October
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Needham lowers Pure Storage stock PT, expects pressure from elongated sales cycles By Investing.com
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On Thursday, Needham Financial Services revised its financial outlook for Pure Storage (NYSE: ), lowering its price target to $62 from $80 previously while maintaining a buy rating on the stock. The revision comes on the heels of Pure Storage’s Q2 FY25 performance, which despite beating expectations, led to expectations…
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AVAX Retraces To Key Support Level: Expert Expects $32 Target By October
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The cryptocurrency market saw a significant pullback yesterday, with many assets falling to lower levels. Avalanche (AVAX) suffered a 15% decline from its recent local high of $28.01. This pullback has caught the attention of analysts and investors, who are now looking at it as a strategic entry point for…
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Citi sees limited upside for USD/JPY, expects rebound before dip By Investing.com
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Citi provided commentary on the currency pair, drawing parallels with historical currency movements and forecasting potential future trends. The financial services firm noted that while the USD/JPY uptrend has been more restrained than initially anticipated, the pair is unlikely to fall below 140 JPY/USD until next year. Citi expects a…
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Bitcoin Maxi, CEO Expects ‘$0.01 Million’ As Threshold For BTC ‘Sale’
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Bitcoin influencer and CEO of JAN3, Samson Mu, has recently made waves with his predictions about the future price of Bitcoin. He shared his bullish predictions for the price of Bitcoin in a recent post on social media site X (formerly Twitter). According to Mo, Bitcoin is in a “sell”…
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Citi expects NZD to underperform amid US election uncertainty By Investing.com
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Citigroup has expressed concerns about the potential impact of the upcoming US presidential election in November on high-beta currencies, and expects the New Zealand dollar (NZD) to underperform. According to Citigroup, the financial environment is likely to see increased risk aversion as the election approaches, which traditionally does not bode…
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BofA expects renewed Swiss franc weakness amid SNB action By Investing.com
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Bank of America Securities analysts highlighted the Swiss National Bank’s recent intervention in foreign exchange markets, which was aimed at weakening the Swiss franc amid significant market turmoil. Bank of America expects further depreciation of the Swiss franc, as the real effective exchange rate has largely recovered from its decline…
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Prosperity of fools? BitBoy expects BTC bull run on April 1
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Ben Armstrong, widely known as “Bitboy” in the crypto community, recently made some interesting predictions regarding Bitcoin and XRP prices during his appearance on the latest episode of Tony Edwards’ “Thinking Crypto” YouTube show. The former millionaire influencer has explained his views on the upcoming market dynamics, offering both hope…
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Prosperity of fools? BitBoy expects BTC bull run on April 1
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Ben Armstrong, widely known as “Bitboy” in the crypto community, recently made some interesting predictions regarding Bitcoin and XRP prices during his appearance on the latest episode of Tony Edwards’ “Thinking Crypto” YouTube show. The former millionaire influencer has explained his views on the upcoming market dynamics, offering both hope…
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BetMGM expects further losses amid investment in customer experience By Reuters
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(Reuters) – U.S. sports betting company BetMGM reported an interim loss on Monday and said it expects to post a loss in the second half of the year as it invests more in customer experience and additional marketing. The joint venture between MGM Resorts (NYSE:) and Entain reported a core…
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Delta expects normal operations by Thursday as flight disruptions ease By Reuters
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By David Shepardson and Rajesh Kumar Singh Delta Air Lines CEO Ed Bastian said the company is making progress in restoring services after a global computer outage and will resume normal operations on Thursday. The Atlanta-based airline has been hit hard by the outage, cancelling more than 6,000 flights since…
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Boeing expects 787 suppliers to catch up by year’s end, restoring output By Reuters
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Written by Alison Lambert (Reuters) – Boeing Co expects delayed suppliers to make up for parts that have slowed production of its 787 jetliner to less than five a month, as the U.S. planemaker works to restore production of two key commercial programs by the end of the year. Boeing…
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UnitedHealth expects bigger hit to profit from tech unit hack By Reuters
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Written by Sriparna Roy, Mariam Sani and Amina Niasse (Reuters) – UnitedHealth Inc on Tuesday forecast a bigger hit to its annual profit from a February hack at its technology unit, but maintained its full-year earnings forecast. Shares of the Minnetonka, Minnesota-based company rose about 6% to $544.32 after it…
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Bitfinex expects news-driven Bitcoin gains, but warns of potential selling pressure
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The start of the week saw Bitcoin rise above $63,000, but analysts at Bitfinex warn that the market could face a correction as the week progresses. Bitcoin has gained 5% in the past 24 hours and 13% over the past week. The gains came amid a combination of factors including…
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4 charts show why Wall Street’s most bullish strategist expects the stock market to triple by 2030
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Cindy Ord/Getty Images for Yahoo!; iStock; Rebecca Zisser/PA Fundstrat’s Tom Lee expects the S&P 500 to hit 15,000 by 2030. Demographic trends, millennial spending habits, and technological advancements will be key drivers. Here are four charts that illustrate why Lee is bullish on the stock market. Fundstrat CEO Tom Lee…
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UBS revises NZD/USD forecast, expects RBNZ rate cut in August By Investing.com
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UBS has updated its forecast for the New Zealand dollar (NZD), expecting a weaker-than-expected performance against its G10 peers, including the US dollar. The adjustment follows a previous warning on May 30 that the pair was on thin ice due to a mismatch between net long positions and growth expectations.…
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Bitwise CIO Expects $15 Billion To Flow Into Spot Ethereum ETFs, How Will ETH React?
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Bitwise Investment Manager (CIO) Matt Hogan I recently discussed inflows into the United States Ethereum ETFs It can attract. Specifically, he mentioned the amount that could flow into these funds in the first 18 months of trading. Ethereum ETFs Record $15 Billion in First 18 Months of Trading Hogan mentioned…
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BofA expects a Dec rate cut from Fed
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High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or all…
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Reserve Bank of Australia Governor Bullock says she expects Q1 GDP growth to be low
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Reserve Bank of Australia Governor Bullock reads the writing on the wall for Australia’s economic growth: Australia’s very weak economic growth outlook has been cut even further Reserve Bank of Australia Governor Bullock and Assistant Governor (Financial Markets) Kent appear before the Australian Parliament Before the Senate Economic Legislation Committee…
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BofA sees further dollar depreciation, expects G10 FX to stay in range By Investing.com
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Bank of America (BofA) analysts on Monday provided insights into the current state of the G10 foreign exchange (FX) markets, citing a general feeling of disappointment among investors over the lack of market volatility. Despite the recent reversal in the US Dollar (USD), the major currency pairs did not move…