Category: Outlook
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CrowdStrike Falls After Disappointing Earnings Outlook
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(Bloomberg) — CrowdStrike Holdings Inc. Earnings forecasts were weaker than expected, disappointing investors who were watching for signs that the cybersecurity company had recovered from a faulty update that crashed computers around the world. Most read from Bloomberg Adjusted earnings will range from 84 cents to 86 cents per share…
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Fed rate cuts outlook: stronger economy means less easing
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Minneapolis Federal Reserve Bank President Neel Kashkari said that the strong economy and high productivity growth may prompt the US central bank to cut interest rates less than previously expected. In his first public comments since he and his colleagues cut interest rates earlier this week, Kashkari noted that it…
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Fed rate cuts outlook: stronger economy means less easing
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Minneapolis Federal Reserve Bank President Neel Kashkari said that the strong economy and high productivity growth may prompt the US central bank to cut interest rates less than previously expected. In his first public comments since he and his colleagues cut interest rates earlier this week, Kashkari noted that it…
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Federal Reserve is set to cut rates again while facing a hazy post-election outlook
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Breadcrumb links PMN BMN Business Article writer: Associated Press Christopher Rugaber Published on November 3, 2024 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. FILE – Federal Reserve Chairman Jerome Powell speaks during a news conference…
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Bitcoin Demand Remains Strong – Key Metrics Confirm Bullish Outlook
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Bitcoin is currently trading at $66,800 after a week of high volatility. The price settled above the crucial support level of $65,000, indicating resilience as the market takes a breather after several weeks of heightened excitement. This phase of consolidation below the key $70,000 level suggests that BTC may be…
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Bitcoin Demand Remains Strong – Key Metrics Confirm Bullish Outlook
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Bitcoin is currently trading at $66,800 after a week of high volatility. The price settled above the crucial support level of $65,000, indicating resilience as the market takes a breather after several weeks of heightened excitement. This phase of consolidation below the key $70,000 level suggests that BTC may be…
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Bitcoin Bullish Outlook Confirmed By Critical Data – STH Overheating?
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This article is also available in Spanish. Bitcoin had a volatile week, with its price fluctuating between a local high of $69,500 and a low of $65,000. After weeks of strong bullish momentum, the market has now cooled, and Bitcoin is consolidating below the crucial $70,000 level. This key threshold…
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Bitcoin Bullish Outlook Confirmed By Critical Data – STH Overheating?
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This article is also available in Spanish. Bitcoin had a volatile week, with its price fluctuating between a local high of $69,500 and a low of $65,000. After weeks of strong bullish momentum, the market has now cooled, and Bitcoin is consolidating below the crucial $70,000 level. This key threshold…
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Retail Surge Sparks Bearish Outlook As Bitcoin Dominance Wanes
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This article is also available in Spanish. Bitcoin’s recent dominance in the cryptocurrency market has fallen below 50%, indicating a potential negative trend as retail activity increases. This change raises questions about market dynamics and investor sentiment. Bitcoin dominance has been a crucial indicator of whether the market is in…
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Revenue And Profit Growth, Adjusts Annual Outlook Factoring Acquisitions
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Honeywell International Company (NASDAQ:HON) shares are trading lower after the company reported third-quarter results And updated FY24 guidance. Revenue grew 6% year over year (organic: +3%) to $9.728 billion, missing the consensus of $9.901 billion. The increase in sales was due to strong growth in the defence, aerospace, commercial aviation…
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Bitcoin Breakout Confirmed – Price Action Suggests Bullish Outlook
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Bitcoin is holding above the $68,000 level, but has yet to break the critical $69,000 level. After weeks of bullish price action, the market is closely watching confirmation of the breakout from a seven-month accumulation pattern that has built significant momentum. Senior Analyst Dan recently shared his thoughts, noting that…
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7 Key Reasons Behind The Bullish Outlook
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This article is also available in Spanish. Bitcoin (BTC), the largest cryptocurrency by market cap, is showing signs of a potential breakout, according to analyst Miles Deutscher. Historically, October has been a strong month for Bitcoin, and recent trends suggest that the cryptocurrency could be on the verge of a…
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Nestlé cuts sales outlook and overhauls top leadership
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Nestlé again lowered its forecast for 2024 and reshaped its executive team on Thursday as the global food giant reported lower sales during the first nine months of the year. The Swiss group, whose brands range from Nespresso coffee capsules to Purina dog food and Häagen-Dazs ice cream, said its…
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Weekly Market Outlook (14-18 October)
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Upcoming events: Monday: US, Canada, Federal Reserve Bank holiday. (US stock market open/bond market closed) Tuesday: UK Labor Market Report, German ZEW, Canadian CPI, New Zealand CPI Q3. Wednesday: UK Consumer Price Index. Thursday: Australian labor market report, European Central Bank policy decision, US retail sales, US unemployment claims, US…
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Bank of Canada business outlook survey says “demand is weak”
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To me, this report is more important than today’s jobs data. The Business Expectations Survey index remains negative, indicating broad-based weakness “Demand is weak, businesses have excess capacity, and price growth continues to slow” but there has been only slight deterioration since last quarter. Companies have reported weak sales growth…
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Bitcoin Supply ‘Is Held By Confident Holders’ – Metrics Hint At Bullish Outlook
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After weeks of high volatility and uncertainty, Bitcoin has now reached a turning point. The recent Federal Reserve interest rate cut, coupled with the escalating conflict between Iran and Israel, has led to erratic price movements, leaving traders navigating an anxiety-filled landscape. Despite this turbulent environment, key data from CryptoQuant…
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USD/JPY outlook heading into elections
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Investing.com – The pair has seen volatile trading lately, and Citigroup is discussing its potential moves as Japan and the US host elections in the near future. At 09:00 EST (13:00 GMT), USD/JPY was trading down 0.1% at 148.09 yen, after trading at a two-month high of 149.12 yen at…