October 2024 - Page 76 of 244 -

The Dutch Chemical Industry’s Elusive Production Recovery

Oct 23, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Pexels Things might be looking up for the Dutch chemical industry in 2025 – but just like the country’s economic climate, we’re not expecting a full-fledged recovery just yet. Structurally high energy prices aren’t exactly helping matters, and this is massively undermining competitiveness. No full-fledged recovery in 2025 due to weak European economyThe outlook […]

Rising Dividend Outlook Boosting Stock Prices

Oct 23, 2024 Jeremy Parkinson Finance 0

The rising outlook for dividends may be the most underrated story underscoring the rally in the S&P 500 (Index: SPX) during the past year.We’re almost to the one year anniversary of when the S&P 500 bottomed at 4,117.37 on 27 October 2024. From that date through the latest record high close of 5,864.67 on Friday, 18 October 2024, […]

Analytical Overview Of The Main Currency Pairs – Wednesday, Oct. 23

Oct 23, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay The EUR/USD currency pairTechnical indicators of the currency pair: Prev. Open: 1.0813 Prev. Close: 1.0801 % chg. over the last day: -0.11 % The euro fell to 1.0800, the lowest level since early August, as money markets increased expectations of further rate cuts by the European Central Bank (ECB). The ECB cut rates […]

S&P 500 Earnings Dashboard 24Q3 – Wednesday, Oct. 23

Oct 23, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash S&P 500 Aggregate Estimates and Revisions 24Q3 Y/Y earnings are expected to be 4.1%. Excluding the energy sector, the Y/Y earnings estimate is 6.7%. Of the 120 companies in the S&P 500 that have reported earnings to date for 24Q3, 82.5% reported above analyst expectations. This compares to a long-term average of 66.9%. The 24Q3 Y/Y blended revenue growth estimate is 4.2%. If the energy sector is […]

Sensex Today Ends 139 Points Lower; Nifty Below 24,450

Oct 23, 2024 Jeremy Parkinson Finance 0

After opening the day higher, Indian benchmark indices fell as the session progressed and ended the day on a negative note.Indian benchmark equity indices, BSE Sensex, and NSE Nifty50 ended Wednesday’s choppy session to settle in the negative territory.At the closing bell, the BSE Sensex stood lower by 138 points (down 0.2%).Meanwhile, the NSE Nifty closed lower by 38 […]

Euro And Yen Weakness Stands Out

Oct 23, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash We continue to see broad based demand for the US Dollar, though it’s clear, most of the Dollar strength of late has been against the Euro and Yen. Looking ahead, we get the Bank of Canada policy decision, an ECB Lagarde speech, Eurozone consumer confidence, US existing home sales, Fed speak, and the […]

Too Late For NVDA And IGV – Or Not

Oct 23, 2024 Jeremy Parkinson Finance 0

S&P 500 took a premarket dive, struggled for direction during the open, and rebounded to make a lower high. Led by Nasdaq that has a better chart structure, and lately discussed AI universe led by companies beneting from NVDA success and upgraded NVDA itself is slowly outperforming as much as communications. The key development, the […]

Deadly E. Coli Outbreak Linked To McDonald’s Quarter Pounders Sends Stock Tumbling

Oct 23, 2024 Jeremy Parkinson Finance 0

Image Source: Pexels McDonald’s Corporation (NYSE: MCD) faces a major health crisis and market backlash after the Centers for Disease Control and Prevention (CDC) reported Tuesday that one person has died and 49 others have fallen ill in a multistate E. coli outbreak linked to its Quarter Pounder sandwiches. The outbreak, concentrated primarily in Colorado and Nebraska, […]

Coca-Cola Surpasses Q3 Earnings And Revenue Estimates

Oct 23, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Coca-Cola (KO – Free Report) came out with quarterly earnings of $0.77 per share, beating the Zacks Consensus Estimate of $0.74 per share. This compares to earnings of $0.74 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.05%. A quarter ago, it was expected […]

Donald Trump Or Fundamentals? What’s Irking The Bond Market

Oct 23, 2024 Jeremy Parkinson Finance 0

Bloomberg states: “The presidential race is still a coin-toss with two weeks to go, but Republican Donald Trump has the advantage over Democrat Kamala Harris in betting markets. His support for higher tariffs and looser fiscal policy has been seen as unfriendly to bonds because it means faster inflation and more debt.” Furthermore, the graph on the […]