April 2024 - Page 45 of 153 -

Q1 2024 Active Management Review: Momentum And Growth Factors Outperform

Apr 25, 2024 Jeremy Parkinson Finance 0

↵Image Source: Pixabay Another strong quarter in markets led to another stellar performance for the Momentum and Growth factors.The first quarter of 2024 picked up where the final quarter of 2023 left off, with most markets finishing in positive absolute territory as inflation continued to moderate, suggesting that a more favorable environment for growth could unfold […]

Gold Price’s Behavior Is… Normal

Apr 25, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay Confused by the back-and-forth move in gold? It’s actually quite simple.Gold broke below its rising support line, and it’s now verifying this breakdown by moving back to this line and taking a breather in general. This is a completely normal post-breakdown phenomenon. The important thing is that gold remains below the rising line […]

Amazon Stock Reiterated At ‘Buy’ Ahead Of Earnings

Apr 25, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash A 10% decline in shares of Amazon.com Inc (Nasdaq: AMZN) in recent weeks is an opportunity to buy a quality name at a discount, says a UBS analyst. Amazon stock has upside to $215 Stephen Ju reiterated his “buy” rating on the tech behemoth this morning and raised his price objective to $215 which suggests […]

Memecoins are ‘undermining’ the long-term vision of crypto, a16z CTO says

Apr 25, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

The proliferation of memecoins and token projects on various blockchains have captivated investors. Whether its for their whimsical nature, or for their potential to catch quick leverages and make life-changing profit, memecoins have been controversial in the crypto industry and continue to be so.Eddy Lazzarin, the Chief Technical Officer at Andreesen Horowitz (a16z) Crypto, has […]

Economic Growth Forecasts For G7 And BRICS Countries In 2024

Apr 25, 2024 Jeremy Parkinson Finance 0

The International Monetary Fund (IMF) has released its real gross domestic product (GDP) growth forecasts for 2024, and while global growth is projected to stay steady at 3.2%, various major nations are seeing declining forecasts.This chart visualizes the 2024 real GDP growth forecasts using data from the IMF’s 2024 World Economic Outlook for G7 and BRICS member […]

S&P 500 Earnings Dashboard 24Q1 – Thursday, April 25

Apr 25, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Pexels S&P 500 Aggregate Estimates and Revisions The 24Q1 Y/Y adjusted blended earnings growth estimate is 7.4%. If the energy sector is excluded, the growth rate for the index is 7.0%. Please note that the 24Q1 year-over-year growth rate for Bristol Myers Squibb reflects an approximate $12 billion one-time charge related to its acquisition of Karuna Therapeutics. […]

US Indices Slide As Latest GDP Data Paints A Worrying Picture

Apr 25, 2024 Jeremy Parkinson Finance 0

Image courtesy of 123rf.com The US economy grew at a slower-than-expected pace in the first quarter of 2024, with the gross domestic product (GDP) increasing at an annualized rate of 1.6%, falling short of the projected 2.2%. The lackluster growth was primarily attributed to a significant slowdown in consumer spending and reduced federal government spending. US GDP […]

Dow Cratering Toward Worst Day Since March 2023

Apr 25, 2024 Jeremy Parkinson Finance 0

The Dow Jones Industrial Average (DJI) was last seen down a whopping 620 points, pacing for its biggest single-day percentage drop since March 2023. Smaller-than-expected gross domestic product (GDP) growth for the first quarter is weighing on Wall Street, with the Nasdaq Composite (IXIC) also down triple digits while the S&P 500 Index (SPX) carries a […]

FTSE Prints New Record Highs Boosted By Blue Chip Earnings Beats

Apr 25, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Pexels The FTSE 100 in Britain reached a new all-time high on Thursday, driven by a surge in miner Anglo American’s stock following a buyout offer from BHP Group. Additionally, investors were pleased with the strong financial results from several leading companies such as Unilever, AstraZeneca, and Barclays. Following BHP’s announcement of a buyout […]

Here’s What Wall Street Is Saying About Snap Ahead Of Earnings

Apr 25, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Snap (SNAP) is expected to report results of its first quarter on Thursday, October 25, with a conference call scheduled for 5:30 pm EDT. What to watch for: GUIDANCE THE BIGGEST UNKNOWN: BofA lowered the firm’s price target on Snap to $14 from $16, while keeping a Neutral rating on the shares. The firm expects a […]