Category: forecasts
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Clorox forecasts annual profit above estimates, beats fourth-quarter profit on lower input costs By Reuters
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(Reuters) – Bleach maker Clorox Co forecast annual profit to beat estimates after beating fourth-quarter earnings on Thursday, helped by back-to-back price increases in home care products and reduced input costs that improved margins. Demand for the company’s cleaning products such as floor cleaners and disinfectant sprays improved as consumers…
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NextEra Energy, Inc. (NEE) Stock Forecasts
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summary Headquartered in Juno Beach, Florida, NextEra Energy provides generation, transmission, and distribution services. NEE has approximately 37,000 megawatts of total electricity generation capacity, with approximately one-third of its electricity coming from renewable wind and solar sources. The company also operates seven nuclear plants. The company’s largest electric utility is…
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Wall Street is bullish on stocks for the 2nd half of the year. Here are each firm’s exact forecasts.
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Nour Photo/Getty Images The S&P 500’s record high this year has sparked a wave of target price increases from Wall Street. The most bullish price target for the S&P 500 is 6,000 from Evercore ISI, representing a gain of about 7%. Key upside factors include the benefits of artificial intelligence,…
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Bank Korea drops phrase ‘upside risks to inflation forecasts have increased’ from statemt
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Crypto Pundit Forecasts $600 Price Target
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In recent weeks, Solana (SOL), the fifth-largest cryptocurrency on the market, has been on a downward spiral, hitting a two-month low of $121 on Friday. The coin struggled to break above $188 in May, leading to a sustained decline. Downtrend Things have gotten even worse over the past seven days…
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Crypto Pundit Forecasts $600 Price Target
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In recent weeks, Solana (SOL), the fifth-largest cryptocurrency on the market, has been on a downward spiral, hitting a two-month low of $121 on Friday. The coin struggled to break above $188 in May, leading to a sustained decline. Downtrend Things have gotten even worse over the past seven days…
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CIBC boosts gold price forecasts. Says Trump Presidency would be more-bullish for bullion
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Amnesty International Image In a report released late yesterday, CIBC raised its gold price forecasts significantly, predicting a more bullish outlook for bullion, especially in the event of a Trump presidency. Main points: gold: 2024The new forecast is $2,290 per ounce, up from $2,100 per ounce previously. 2025The new forecast…
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Ten investment bank forecasts for June US CPI. The median is Core @ 3.4% & Headline @3.1%
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Bitcoin Proponent Michael Saylor Forecasts Potential $8 Million Price Tag For BTC
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excited Bitcoin supporter Michael Saylor made another very bullish prediction for the price of Bitcoin. His comments, made at a recent event in Prague, captured the attention of the cryptocurrency community, particularly due to the hefty price tag. While speaking at the event, Saylor predicted that Bitcoin would be worth…
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New Zealand Dollar forecasts revised lower
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New Zealand Institute of Economic Research’s (NZIER) latest report on consensus forecasts. Full text here. For the Kiwi dollar: Their broader summary of the New Zealand economy, saying the latest NZIER consensus forecast: Another downward revision to growth forecasts for next year appears Average annual GDP growth forecasts for the…
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Major Ripple Advancements and Top XRP Price Forecasts as of Late
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Turkish lire; Dr Ripple plans to launch a stablecoin, Ripple USD (RLUSD), in 2024 on the XRP Ledger and Ethereum, despite criticism from the Securities and Exchange Commission. Meanwhile, the price of XRP has fallen, but some analysts see the current level as a buying opportunity. What’s new in Ripple?…
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Analyst Forecasts Bitcoin Heading Towards A 6-Figure Milestone
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As Bitcoin continues to trend below its all-time high of $73,000, setting… Next track The asset has been an interesting topic in the cryptocurrency space. Famous cryptocurrency analyst and enthusiast Javon Marks has made a bold move prediction This has caught the attention of the cryptocurrency community, anticipating that the…
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Analyst Forecasts Bitcoin Heading Towards A 6-Figure Milestone
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As Bitcoin continues to trend below its all-time high of $73,000, setting… Next track The asset has been an interesting topic in the cryptocurrency space. Famous cryptocurrency analyst and enthusiast Javon Marks has made a bold move prediction This has caught the attention of the cryptocurrency community, anticipating that the…
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Natural gas surges as weather forecasts see sizzling temps across U.S. (NYSEARCA:UNG)
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Straja/iStock via Getty Images U.S. natural gas futures jumped above $3 to their highest levels in five months on Tuesday, as weather forecasts called for above-average temperatures in much of the country. Forecast from the National Weather Service Much of the country showed hotter than normal temperatures The United States…
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Bitcoin Miner Core Scientific Partners With AI Firm, Forecasts $3.5 Billion in Revenue
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Core Scientific, a major player in the digital infrastructure industry in North America, announced a strategic partnership that includes a series of long-term contracts spanning 12 years with CoreWeave, an AI hyperscaler company. Under the agreement, Core Scientific will supply approximately 200 MW of infrastructure to support CoreWeave’s high-performance computing…
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Analyst Forecasts Meteoric 21,700% Rise To $17, Here’s When
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Cryptocurrency analyst Javon Marks He made a very bullish prediction for Dogecoin price In this bull race. The analyst claims that the first memecoin could achieve such ambitious heights based on its performance Previous market cycles. Dogecoin will rise to $17 in this rally Marx subscriber A chart on his…
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Analyst Forecasts Meteoric 21,700% Rise To $17, Here’s When
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Cryptocurrency analyst Javon Marks He made a very bullish prediction for Dogecoin price In this bull race. The analyst claims that the first memecoin could achieve such ambitious heights based on its performance Previous market cycles. Dogecoin will rise to $17 in this rally Marx subscriber A chart on his…
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Why economist forecasts of a U.S. recession were so wrong
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Breadcrumb links Investor Financial Times Factors that explain why shrinkage does not appear Article writer: Financial Times Edward Yardeni Posted on May 27, 2024 • 3 minutes read You can save this article by registering for free here. Or log in if you have an account. Marriner S. Eccles Federal…
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UBS forecasts shekel strength on Israel’s recovery, Fed easing By Investing.com
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UBS expects the value of the Israeli shekel to rise against the US dollar, anticipating a decrease in the geopolitical risk premium. The shekel briefly surpassed 3.80 against the dollar due to recent tensions between Iran and Israel, as well as the ongoing conflict with Hamas. UBS analysts expect these…