November 2023 - Page 18 of 244 -

Okta Inc. Outperforms Expectations In Q3 With $584m In Revenue And A $0.44 EPS

Nov 29, 2023 Jeremy Parkinson Finance 0

Key Highlights Revenue Growth: Okta Inc. reported a robust 21% year-over-year increase in total revenue, amounting to $584 million. Non-GAAP Net Income Surge: The company witnessed a significant rise in non-GAAP net income, reaching $79 million compared to a non-GAAP net loss in the previous year. Strong Free Cash Flow: Record free cash flow was reported at $150 […]

Elliott Wave Technical Analysis: Analog Devices Inc. – Wednesday, Nov. 29

Nov 29, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Analog Devices Inc., Elliott Wave Technical AnalysisAnalog Devices Inc., (Nasdaq: ADI): 4h Chart 29 November 2023ADI Stock Market Analysis: We have been looking for upside on Analog Devices as 183$ as been acting as tested support for some days now. Looking for a continuation higher into Minor Group 2 and potentially all the […]

GBP/USD Price Stalls As Buyers Fear US Prelim GDP Data

Nov 29, 2023 Jeremy Parkinson Finance 0

The GBP/USD price posted a fresh top on Wednesday at 1.2733. However, the pair couldn’t sustain the gains, falling to 1.2682 at the time of writing.The Dollar Index turned to the upside after its strong drop. A meaningful recovery in the greenback may weigh down the sterling.The currency pair reached new highs after some dovish […]

Nasdaq 100 Forecast: Nasdaq 100 Rises On Rate Cut Optimism

Nov 29, 2023 Jeremy Parkinson Finance 0

Image Source: Pixabay US futuresDow futures +0.32% at 35439S&P futures +0.49% at 4575Nasdaq futures +0.6% at 16108In EuropeFTSE -0.24% at 7440Dax +1% at 16100 Dovish Fed commentary boosts rate cut hopes Market prices in a 40% probability of a March rate cut Salesforce to report after the close Oil rises on Black Sea supply issues & […]

Solana Is Back Above 60.00, While Cardano Pauses At 0.390

Nov 29, 2023 Jeremy Parkinson Finance 0

Solana chart analysisToday, we see a nice bullish consolidation of the Solana price up to 61.81. We stop at that level and start a pullback below the 61.00 level. We are now looking at the 60.00 level as potential support for stopping this pullback. If we succeed in that, we will be in a good […]

Bear Of The Day: Guess

Nov 29, 2023 Jeremy Parkinson Finance 0

The fashion brand Guess (GES) has been struggling in recent years, unable to move its stock price higher. Unfortunately, the current outlook is not much improved as sales are forecast to remain flat in the coming years, and earnings estimate revisions are decidedly lower, giving the stock a Zacks Rank #5 (Strong Sell) recommendation.Because of the lackluster company expectations, and […]

German Inflation Drops Further In November

Nov 29, 2023 Jeremy Parkinson Finance 0

Image Source: Pexels The disinflation trend in Germany has gained more momentum in November and brings the European Central Bank’s target closer in sightSome very late satisfaction for ‘team transitory’ as German inflation continued its disinflationary trend in November. According to the flash estimate, headline inflation came in at 3.2% year-on-year, from 3.8% YoY in October. The European […]

Munger: The Man Who Taught Warren Buffett How To Invest

Nov 29, 2023 Jeremy Parkinson Finance, No picture 0

Photo by Maxim Hopman on UnsplashEverybody knows that Warren Buffett is the greatest investor of all time. But very few know the story of the philosophical transformation that made him so.Buffett started out as a disciple of Ben Graham. Graham was a deep value investor who sought to buy bargain stocks based on current quantitative […]

General Motors Announces $10B Buyback, Will Up Dividend By 33% Next Year

Nov 29, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash GM rose in Wednesday’s premarket after the company announced plans to raise quarterly dividend next year and unveiled a share repurchase program.General Motors (NYSE: GM) spiked more than 9% in the Wednesday premarket after the company unveiled a string of measures to restore investors’ trust. Most notably, the company announced a $10 billion stock buyback […]

USD Hits Three-Month Lows Ahead Of US CPI

Nov 29, 2023 Jeremy Parkinson Finance 0

Hopes of a soft landing and even the fabled “Fed pivot” are now seen as the most likely events in the new year. Inflation is predicted to cool further, while other top tier US data like non-farm payrolls, have softened. This has caused Treasury yields to fall dramatically which in turn have pulled the dollar […]