Category: Investing.com

  • The US dollar is down but not out: BCA By Investing.com

    Investing.com – Despite recent weakness, analysts at BCA Research assert in a note dated Monday that the Saudi stock market remains resilient and is expected to rebound in the coming months. The global economic landscape, marked by a slowdown in the manufacturing sector and increased caution in financial markets, is…

  • The Sevens Report By Investing.com

    Investing.com – The U.S. dollar could face a significant drop to record lows in a worst-case scenario if economic conditions deteriorate and key market assumptions falter, according to the latest research note from Sevens Report. Recent market activity has shown that the S&P 500 is trading at a valuation that…

  • The Sevens Report By Investing.com

    Investing.com – The U.S. dollar could face a significant drop to record lows in a worst-case scenario if economic conditions deteriorate and key market assumptions falter, according to the latest research note from Sevens Report. Recent market activity has shown that the S&P 500 is trading at a valuation that…

  • Citi forecasts further US dollar decline amid global slowdown By Investing.com

    Citigroup has expressed a view that the US dollar is likely to weaken further in the near term, although it maintains a bullish stance on the currency for the next month or two. The brokerage stressed that this outlook is not in favour of a broad-based strengthening of the dollar…

  • Citi forecasts further US dollar decline amid global slowdown By Investing.com

    Citigroup has expressed a view that the US dollar is likely to weaken further in the near term, although it maintains a bullish stance on the currency for the next month or two. The brokerage stressed that this outlook is not in favour of a broad-based strengthening of the dollar…

  • Melius sees Apple stock rising on new AI-driven Visual Intelligence features By Investing.com

    On Tuesday, Melius maintained a strong stance on Apple Inc. (NASDAQ:AAPL) stock, reaffirming a Buy rating and a $265.00 price target. The company’s positive outlook is largely due to the expected features in the upcoming iOS 18 operating system, which is expected to be released later this year. These features…

  • India stocks higher at close of trade; Nifty 50 up 0.42% By Investing.com

    Investing.com – Indian stocks were higher after Tuesday’s close, as gains in the banking and services sectors led shares higher. At the close on the NSE, the index added 0.42%, while the BSE added 0.44%. The session’s top performer was Divi’s Laboratories Ltd. (NS:), which rose 5.09% or 263.50 points…

  • India stocks higher at close of trade; Nifty 50 up 0.42% By Investing.com

    Investing.com – Indian stocks were higher after Tuesday’s close, as gains in the banking and services sectors led shares higher. At the close on the NSE, the index added 0.42%, while the BSE added 0.44%. The session’s top performer was Divi’s Laboratories Ltd. (NS:), which rose 5.09% or 263.50 points…

  • UBS shifts to bearish US dollar view, sees potential GBP strength By Investing.com

    UBS advised investors to sell any potential short-term gains in the US dollar and adopt a more bearish stance on the currency in the medium term. The bank expects a possible corrective recovery in September, especially if the Fed’s reluctance to implement more than 25 basis points of interest rate…

  • UBS shifts to bearish US dollar view, sees potential GBP strength By Investing.com

    UBS advised investors to sell any potential short-term gains in the US dollar and adopt a more bearish stance on the currency in the medium term. The bank expects a possible corrective recovery in September, especially if the Fed’s reluctance to implement more than 25 basis points of interest rate…

  • Asia FX muted, dollar advances with inflation, Fed on tap By Investing.com

    Investing.com – Most Asian currencies moved little on Tuesday, while the dollar rose in anticipation of key inflation data that is likely to influence U.S. interest rate expectations. Most regional currencies suffered some losses over the past week as risk appetite declined due to concerns about deteriorating global economic conditions.…

  • Hanover Bancorp stock hits 52-week high at $19.1 By Investing.com

    Hanover Bancorp Inc. (HNVR) stock hit a new 52-week high during this trading session, touching the $19.1 mark. This peak comes amidst a challenging year for the bank, which has seen its stock see a rollercoaster ride over the past 12 months. Despite the recent surge, Hanover Bancorp stock has…

  • updates from Apple’s live event By Investing.com

    Apple’s (NASDAQ:NASDAQ:) long-awaited iPhone 16 launch event has begun with several new products already announced. The event in Cupertino is set to see the unveiling of the iPhone 16 lineup, with the company expected to launch the iPhone 16 and 16 Pro, Apple Watch Series 10, AirPods 4, and more.…

  • Genus reports progress amid market challenges, eyes FDA approval By Investing.com

    Genus PLC (GNS), a leading animal genetics company, reported its preliminary results for the fiscal year ended June 30, 2024, showcasing resilience and strategic advancements despite challenging trading conditions. CEO Jorgen Kokke highlighted the company’s progress in key areas such as the commercialization of its Porcine Reproductive and Respiratory Syndrome…

  • AI stocks not in bubble; SMCI downgraded By Investing.com

    Investing.com – Here are analysts’ biggest moves in artificial intelligence (AI) this week. InvestingPro subscribers always get priority access to market-moving AI analyst commentary. Upgrade today! Bank of America on Nvidia: ‘Compelling Growth at a Compelling Valuation’ Bank of America this week reiterated its buy rating on NVIDIA Corporation (NASDAQ:…

  • How the US election could impact emerging markets By Investing.com

    The US presidential election is a major event that affects global financial markets, with its impact extending beyond the borders of the United States to include emerging market economies. As the world’s largest economy, the United States shapes global financial conditions through its policies on growth, trade, and international relations.…

  • Trump win could challenge IRA policies, says Jefferies By Investing.com

    A Trump victory in the 2024 US presidential election could put the Inflation Reduction Act (IRA) at risk, according to an analysis by Jefferies. The report noted concerns about potential declines in support for renewable energy if Trump returns to office, especially since Republicans are expected to control the Senate.…

  • What’s next for semiconductor stocks? UBS weighs in By Investing.com

    Investing.com – The semiconductor sector has been a focus of investor interest in recent years, driven by its crucial role in technology and the global economy. However, recent market trends have introduced both opportunities and challenges to semiconductor stocks. “Semiconductor stocks came under sharp pressure as part of a broader…

  • Bernstein breaks down China’s robotaxi scene By Investing.com

    Investing.com – China’s robotaxi market is a rapidly evolving sector, with leading tech companies vying for dominance through technological innovation and strategic city launches. The robotaxi market is primarily based on LIDAR-based devices and advanced neural network technology, which supports fully autonomous driving at Level 4 (L4). Key players in…

  • Time to turn negative on European credit, says BCA Research By Investing.com

    BCA Research issued a warning about the outlook for European credit markets in a note on Tuesday, telling investors it is time to shift to a negative view of the asset class. Analysts see European credit spreads as having “little room to narrow further from current levels,” leaving investors with…