Category Archive: Finance, No picture
VinFast Stock Could Double From Here: Wedbush’s Ives
Image Source: Unsplash VinFast Auto Ltd (Nasdaq: VFS) has been a massive disappointment for its shareholders over the past three months but a Wedbush Securities analyst just issued somewhat of a contrarian call on the EV maker. VinFast stock has upside to $12 Dan Ives assumed coverage of the Vietnamese company this week with an outperform rating. […]
Ulta Beauty Expected To Beat Earnings Estimates: What To Know Ahead Of Q3 Release
Image Source: Unsplash Ulta Beauty (ULTA – Free Report) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended October 2023. This widely-known consensus outlook gives a good sense of the company’s earnings picture, but how the actual results compare to these estimates is a powerful factor that […]
Gold & Silver Imports To India Surge In October
Image Source: Unsplash One of the biggest drivers of demand in the silver market in 2022 was a record-setting year of imports into India. That fueled a drain in the silver inventories on the COMEX and LBMA, although the inventory levels were somewhat static over the past year as Indian silver demand in 2023 has been […]
Stock Analysis: Ethan Allen Interiors
Image Source: Unsplash Ethan Allen Interiors Inc (ETD) is a U.S.-based company that manufactures and retails home furnishings & accessories.The firm conducts activities through its wholly owned subsidiary, Ethan Allen Global, Inc., which operates through its own subsidiaries. The company does business across North America, Europe, Asia, & the Middle East.The vast majority of the firm’s […]
Sensex Today Ends Flat; Nifty Below 19,850
Image Source: Unsplash After opening the day on a positive note, Indian share markets exhibited lackluster trade amid mixed global cues and ended the day flat.Benchmark indices Sensex and Nifty 50 ended Thursday’s session flat. Alongside a surge in US markets and a decline in crude oil prices, the benchmark equity indices witnessed gains in early […]
Wall Street Hikes Nvidia Price Target After Better Than Expected Q3
Image Source: Unsplash Wall Street remains bullish on the chipmaking giant after another massive quarter.Nvidia (Nasdaq: NVDA) impressed investors and analysts on Tuesday after reporting another massive quarter, showing a 206% surge in revenue amid the current artificial intelligence (AI) mania. Interestingly, the stock fell in the post-earnings session, but that has not detracted from the analysts’ confidence in […]
Elliott Wave Technical Analysis 4 Hour Chart: Euro/U.S. Dollar – Thursday, Nov. 23
Image Source: Unsplash EURUSD Elliott Wave Analysis Trading Lounge 4 Hour Chart, 23 November 2023Euro/U.S.Dollar(EURUSD) 4 Hour ChartEURUSD Elliott Wave Technical AnalysisFunction: Counter TrendMode: impulsive Structure: black wave A of YPosition: wave 2/BDirection Next lower Degrees: black wave A(started)Details: blue wave C of Y of X looking completed at 1.09661, Now black wave A of Y […]
FX Daily: No Turkey For Dollar Bears
Image Source: Unsplash The Thanksgiving holiday means thin volumes and no US data releases today. We expect some stabilization in EUR/USD after strong jobless claims fuelled the dollar rebound. Still, eurozone PMIs might trigger some fresh position-squaring events. In Sweden, we are slightly in favour of a Riksbank hike today, but it is a very close […]
GBP/USD Price Analysis: Aims To Revisit Two-Month Highs, Hovers Above 1.2500
Image Source: Unsplash GBP/USD moves above the 1.2500 level while recovering recent losses. The pair’s bulls could explore the 1.2550 major barrier as technical indicators suggest strong momentum. Seven-day EMA appears as a key support aligned with the 1.2450 major level near to the weekly low. GBP/USD retraces recent losses registered in the previous session, trading higher […]
Vista Outdoor Receives Business Combination Proposal From Colt
Image Source: Unsplash Colt’s combination proposal values Vista Outdoor at $30 a share. It also includes a post-closing buyback programme of $900 million. Vista Outdoor stock is currently down over 20% versus its YTD high. Vista Outdoor Inc (VSTO) is trending up in extended hours after Colt CZ Group SE proposed a business combination that would […]
