Category: Outlook
-
Ethereum outlook bullish after ETF approval despite retreat
•
Days after hitting a one-month high of $3,943, the price of Ethereum (ETH) has begun a correction. The initial surge came after the US Securities and Exchange Commission (SEC) approved applications from the Nasdaq and the New York Stock Exchange to list Ethereum exchange-traded funds. Although ETF issuers still need…
-
Dogeverse Price Outlook as $15M Presale Enters Final Stage – Next Meme Coin to Explode?
•
Cryptocurrency investors can’t seem to get enough of Dogeverse, the cross-chain coin that has taken the market by storm. As the record-breaking $15 million pre-sale enters its final stage ahead of stock exchange listings, speculation is running high. DOGEVERSE It could be the next joke that breaks. Dogeverse Pre-Sale Countdown…
-
Sky Harbour Reports Positive Outlook in Q1 Earnings By Investing.com
•
Sky Harbour (ticker not provided), a company specializing in airport infrastructure, reported a strong start to 2024 in its first-quarter earnings call. The company announced increased revenues, with expectations for further growth in the second quarter as their three campuses are fully leased. The CEO, Tal Keinan, detailed plans for…
-
Weekly Market Outlook (20-24 May)
•
Upcoming events: Monday: People’s Bank of China LPR, Waller Federal Reserve Bank. Tuesday: Reserve Bank of Australia meeting minutes, Canadian Consumer Price Index. Wednesday: Reserve Bank of New Zealand policy decision, UK CPI, FOMC minutes. Thursday: New Zealand Q1 retail sales, Australia/Japan/Eurozone/UK/US flash PMIs, Eurozone negotiated Q1 wage growth, and…
-
monday.com soars on raised 2024 outlook
•
Israeli business operating systems company monday.com (Nasdaq: MNDY) rose sharply on Wall Street after raising its annual forecasts for both revenue and profits and reporting strong results for the first quarter of 2024. The company reported first-quarter revenue of $217 million, up 37% from the corresponding quarter in 2023. GAAP…
-
Evercore ISI offers outlook for fed funds rate in each scenario By Investing.com
•
Although interest rates are at high levels, the economy has not weakened in the way many expected. In a research note, Evercore ISI examines the impact of the Fed’s fiscal policy on interest rates, noting that compared to the pre-Covid baseline, it is likely still stimulating the economy. In other…
-
Scotiabank raises Lightspeed POS stock target on growth outlook By Investing.com
•
On Friday, Scotiabank updated its rating for Lightspeed POS Inc. (NYSE:), increasing their price target to $21 from $20 previously while maintaining an Outperform rating for the sector. The revision comes after a positive quarterly report and the issuance of the company’s guidance for fiscal year 2025, which exceeded expectations.…
-
Weekly Market Outlook (13-17 May)
•
Upcoming events: Monday: New Zealand Services Purchasing Managers’ Index. Tuesday: Japanese Producer Price Index, UK Labor Market Report, Eurozone ZEW, US NFIB Small Business Optimism Index, US Producer Price Index, Fed Chairman Powell’s speech. Wednesday: Australian Wage Price Index, Eurozone Industrial Production, US CPI, US Retail Sales, US NAHB Housing…
-
Micron upgraded amid ‘unprecedented outlook for memory’ By Investing.com
•
Investing.com – Here are the biggest artificial intelligence (AI) analyst moves this week. InvestingPro subscribers always get the first feedback from market-moving AI analysts. Upgrade today! Apple’s focus on AI is ‘clearly visible’ – BofA During the week, analysts at Bank of America Securities reiterated a buy rating and price…
-
Japan’s consumer spending extends declines as outlook weakens By Reuters
•
Written by Satoshi Sugiyama and Tetsushi Kagimoto TOKYO (Reuters) – Consumer spending in Japan fell for the 13th straight month in March, creating challenges for policymakers seeking to drive stronger real wage growth, a prerequisite for a hike in interest rates by the central bank. Household spending fell 1.2% in…
-
ECB’s Wunsch Warns That Risks to Inflation Outlook Persist
•
Breadcrumb links BMN Business ECB Governing Council member Pierre Funche still sees risks to consumer prices – including a weakening of the euro if monetary policy deviates too far from the US. Article writer: Bloomberg News Mark Schruers Published on May 8, 2024 • 2 min read You can save…
-
Weekly Market Outlook (06-10 May)
•
Upcoming events: Monday: China Caixin Services PMI, Eurozone Producer Price Index, Fed SLOOS. Tuesday: Reserve Bank of Australia policy decision, unemployment rate in Switzerland, retail sales in the Eurozone. Thursday: Average cash earnings in Japan, BoJ sentiment summary, Bank of England policy decision, US unemployment claims. Friday: New Zealand Manufacturing…
-
Manitex International posts strong Q1 growth, maintains 2024 outlook By Investing.com
•
Manitex International, Inc. (NASDAQ:), a leading international provider of cranes and specialized industrial equipment, reported robust financial results for the first quarter of 2024. The company saw an 8% organic revenue growth and a significant 33% increase in EBITDA compared to the same period last year. This performance is attributed…
-
Trinity Industries posts strong Q1 results, raises EPS outlook By Investing.com
•
Trinity Industries , Inc. (NYSE:) delivered a robust financial performance for the first quarter of 2024, marked by a significant 26% increase in revenue year-over-year. The company’s first quarter future lease rate differential (FLRD) reached 34.7%, which stands as the second-highest in the past four years. In light of these…