Emerson Electric Co. Dividend Stock Analysis
Apr 26, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Linked here is a detailed quantitative analysis of Emerson Electric Co. (EMR). Below are some highlights from the above-linked analysis:Company Description: Emerson Electric Co. designs and supplies product technology, and delivers engineering services and solutions to a wide range of industrial, commercial, and consumer markets around the world.Fair Value: In calculating fair value, I consider the NPV […]
Intel’s $12.7B Q1 Surge Amid New Financial Model
Apr 26, 2024
Jeremy Parkinson
Finance, No picture
Intel Corporation, a venerated name in the semiconductor industry, has today unveiled its first-quarter earnings, marking the beginning of a transformative era under its new financial structuring model. The company reported an impressive revenue of $12.7 billion, a 9% increase year-over-year (YoY), signaling strong market performance amidst strategic overhauls. Despite this uptick, the forecast for […]
Ripple VS Sec: Judge Netburn Advances XRP Lawsuit With New Scheduling Order
Apr 26, 2024
Jeremy Parkinson
Finance, No picture
The post Ripple vs. SEC: Judge Netburn Advances XRP Lawsuit with New Scheduling Order appeared first on Coinpedia Fintech NewsMagistrate Judge Sarah Netburn has issued a new scheduling order in the years-long legal battle between Ripple Labs and the United States Securities and Exchange Commission. Judge Netburn’s recent nomination as District Judge in the Southern District of New York has not […]
US Dollar Commentary – Friday, April 26
Apr 26, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels US GDP Misses MarkThe US Dollar continues to soften on Friday as traders digest a weaker-than-forecast advanced GDP print yesterday. The first look at Q1 GDP came in at 1.6%, down from the prior quarter’s 3.4% and well below the 2.5% the market was looking for. At this level GDP growth in the […]
Bombshell GDP Report Confirms Everything
Apr 26, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels GDP comes in the worst in two years because prices shot up again, therefore the term “stagflation” is going to be everywhere. Which prices changed actually makes a huge difference given the fact those particular prices are more likely to help the US economy get back to its depression tendencies. And on that […]
PayPal Stock Price Prediction: Earnings Could Spark A 20% Jump
Apr 26, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels PayPal’s share price is stuck at the 200-day moving average. It has also formed an inverse head and shoulders pattern. The company’s revenues are expected to come in at $7 billion. PayPal (Nasdaq: PYPL) stock price is at a crossroads ahead of the upcoming financial results. It has risen slightly by about 4.3% […]
Daily Market Outlook – Friday, April 26
Apr 26, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Asian equities saw gains today following strong US tech earnings, rebounding from yesterday’s sell-off in both US equities and bonds triggered by Q1 GDP data showing slower growth and stronger inflation than anticipated. Overnight, the Bank of Japan kept short-term interest rates unchanged, as expected, maintaining them in the 0%-0.1% range after shifting […]
Is Northrop Grumman A Good Defense Stock To Buy?
Apr 26, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Northrop Grumman published strong results as its backlog jumped to $79 billion. The company is benefiting from the ongoing geopolitical risks around the world. It is set to receive substantial orders from the recent $96 billion aid package. Northrop Grumman (NOC) stock price staged a strong recovery this week after Joe Biden signed […]
EUR/JPY Extends Rally Above 167.50 Following BoJ Rate Decision
Apr 26, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash EUR/JPY gains ground near 167.20 amid the weaker JPY on Friday. The BoJ kept interest rates steady around zero on Friday. ECB’s Nagel said he would be in favor of a rate cut in June. The EUR/JPY cross drifts higher to 167.20, its highest level since 2008, during the Asian trading hours on Friday. The uptick of […]
Gold Price Flatlines As Traders Look To US PCE Price Index For Some Meaningful Impetus
Apr 26, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Gold price lacks any firm intraday direction and is influenced by a combination of diverging forces. The weaker US GDP print and a rise in US inflation benefit the metal amid subdued USD demand. Hawkish Fed expectations cap the upside as traders await the release of the US PCE Price Index. Gold price […]