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HubSpot Shares Hit New 52-Week High Amid Alphabet Acquisition Rumors

HubSpot Shares Hit New 52-Week High Amid Alphabet Acquisition Rumors

Image courtesy of 123rf.com Alphabet Inc. (Nasdaq: GOOG), Google’s parent company, is rumored to be exploring the possibility of acquiring HubSpot (NYSE: HUBS), a leading online marketing software company with a current valuation of $32 billion. Alphabet Inc. Could Make an Offer to Buy Hubspot According to reports citing sources close to the matter, Alphabet has consulted with […]
Everyone Expecting Rate Cuts; Are They Necessary?

Everyone Expecting Rate Cuts; Are They Necessary?

Image Source: Pexels  “Davidson” submits: Every firm is expecting rate cuts anticipating a recession but there is no recession in sight. The question is with so many on the same side of the ledger, “What occurs once no recession becomes apparent?” The tables below show only modest adjustments to rate cut expectations with the PMI rising […]
Bull Of The Day: Xenia Hotels

Bull Of The Day: Xenia Hotels

Xenia Hotels & Resorts, Inc. (XHR) is seeing normalization in lodging demand after several years of volatility during the pandemic. This Zacks Rank #1 (Strong Buy) is expected to grow earnings in 2024.Xenia Hotels & Resorts is a REIT that specializes in luxury and upper upscale hotels and resorts. It owns 32 hotels comprising 9,514 rooms […]
Outlook For Silver Prices: $75.00/Ounce Silver Could Become Reality

Outlook For Silver Prices: $75.00/Ounce Silver Could Become Reality

Image Source: Pixabay  This Ratio Says Silver Prices Could Double or MoreGold prices have been making record highs lately. The yellow precious metal surged past $2,200 an ounce, and it looks like it could go a lot higher. In the midst of this, don’t ignore silver prices. The gray precious metal has been lagging a bit, […]
Solana On The Way Towards All-Time Highs?

Solana On The Way Towards All-Time Highs?

Solana with ticker SOLUSD remains nicely bullish as expected from technical point of view and from Elliott wave perspective. Looks like it’s still trading in an extended wave »v« of 3 with room for more gains, maybe even straight back to all-time highs. Currently we are tracking a lower degree consolidation within a bullish triangle […]
Decline In Continuing Claims, Stability In Initial Claims Suggest Downward Pressure On The Unemployment Rate

Decline In Continuing Claims, Stability In Initial Claims Suggest Downward Pressure On The Unemployment Rate

Initial claims in the last week rose 9,000 to 221,000, while the four-week moving average increased 2,750 to 214,250. With the usual one-week lag, continuing claims declined 19,000 to 1.791 million:On the more important YoY% basis for forecasting purposes, initial claims are up 2.3%, while the four week average is down -4.5%. Continuing claims are […]
Bear Of The Day: Thor Industries

Bear Of The Day: Thor Industries

THOR Industries, Inc. (THO) is facing industry headwinds as higher interest rates hit the demand for RVs. This Zacks Rank #5 (Strong Sell) recently cut its fiscal 2024 earnings guidance.THOR is the world’s largest manufacturer of recreational vehicles, otherwise known as “RVs.” It was founded on Aug 29, 1980 when it acquired the iconic brand of […]
Chart Of The Day: IES Holdings – Undiscovered And Hitting All Time Highs

Chart Of The Day: IES Holdings – Undiscovered And Hitting All Time Highs

Image Source: Unsplash  The Chart of the Day belongs to the electrical systems and technology stock IES Holdings (IESC). I found the stock by using Barchart’s powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum, and having a Trend Seeker buy signal then used the Flipchart feature to review […]
Bitcoin Dips To $65,525 Amid Investor Caution

Bitcoin Dips To $65,525 Amid Investor Caution

Image Source: DepositPhotosThe ongoing ambiguity surrounding U.S. interest rates has notably impacted Bitcoin’s price trajectory. As traders navigate through mixed signals from the U.S. Federal Reserve, the cryptocurrency market has entered a phase of cautious trading. The anticipation surrounding key U.S. nonfarm payroll data, expected later in the week, has further intensified this wait-and-see approach among […]
Minutes Of The ECB’s March Meeting Strengthen Case For June Cut

Minutes Of The ECB’s March Meeting Strengthen Case For June Cut

Image Source: Pixabay  The just-released minutes of the European Central Bank’s last meeting in March strike a fine balance between sounding hawkishly concerned and at the same time, preparing for a first rate cut. This won’t happen next week, in our view, but at the June meeting.Yesterday’s drop in eurozone headline inflation has fuelled the discussion on whether the risk of […]