Lloyds (LON: LLOY) share price dropped sharply on Thursday even after the encouraging UK GDP numbers. The shares dropped to a low of 47.95p, which was ~11.20% below the highest point this year. Focus now shifts to the upcoming bank earning season. Bank earnings season The biggest bank and finance news of the weel will… Continue reading Lloyds share price target lifted ahead of bank earning season
Stock Research
CAC 40 index: sky is the limit as Kering, LVMH stocks flies
The CAC 40 index jumped to a record high on Thursday as investors cheered the strong performance of LVMH, the biggest European company. The index, which is made up of the biggest European company, jumped to a high of €7,453, which was about 32% above the lowest level in December. LVMH stock price surges The… Continue reading CAC 40 index: sky is the limit as Kering, LVMH stocks flies
SIVR and SLV ETF stocks outlook as US inflation slips
The iShares Silver Trust (SLV) and the abrdn Physical Silver Shares (SIVR) ETFs continued surging as signs of a Fed pivot increased. SLV and SIVR ETFs, which tracks the price of physical silver, rose to the highest level since April 2022. They have jumped by ~44% from the lowest point in 2022. Silver price rally… Continue reading SIVR and SLV ETF stocks outlook as US inflation slips
Intel stock price forecast: 26% upside despite PC, semi slump
Intel (NASDAQ: INTC) stock price has drifted downwards as concerns about the PC industry remain. After rising to a high of $33.78 this month, the stock pulled back to $31.98. It has jumped by more than 29% from the lowest level this year. PC recovery to take time Intel and other semiconductor stocks have been… Continue reading Intel stock price forecast: 26% upside despite PC, semi slump
Avoid Coinbase stock and buy this instead
Coinbase (NASDAQ: COIN) stock price has done well this year, helped by the strong crypto comeback. It rose to a multi-month high of $85.42 earlier this year, which was ~178% above the lowest level in 2022. The shares were trading at $70 on Wednesday, giving it a market cap of over $15 billion. Coinbase is… Continue reading Avoid Coinbase stock and buy this instead
Should you buy American Airlines stock after its dull Q1 guidance?
Shares of American Airlines Group Inc (NASDAQ: AAL) ended nearly 10% down on Wednesday after the air carrier issued bit of a dull outlook for its fiscal first quarter. American Airlines’ updated Q1 outlook On an adjusted basis, the airline now expects its per-share earnings to fall between 1 cent and 5 cents. In comparison,… Continue reading Should you buy American Airlines stock after its dull Q1 guidance?
Goldman Sachs stock price forecast: UBS sees 17% upside
Goldman Sachs Group Inc (NYSE: GS) down nearly 12% versus its year-to-date high is an opportunity for investors to build a position in this quality name, as per a UBS analyst. Goldman Sachs stock should be worth $385 On Wednesday, Brennan Hawken upgraded the financial services behemoth to “buy” and raised his price target to… Continue reading Goldman Sachs stock price forecast: UBS sees 17% upside
Triton stock is up 30% on Wednesday: explore why
Shares of Triton International Ltd (NYSE: TRTN) are up more than 30% today after Brookfield Infrastructure Partners L.P. (NYSE: BIP) said it will buy the leasing company for about $4.7 billion. Details of the announced acquisition The said agreement values each share of Triton International at $85. Shareholders will receive $68.50 of that in cash… Continue reading Triton stock is up 30% on Wednesday: explore why
U.S. inflation data today: is there upside left in the S&P 500?
S&P 500 is trading up this morning after the U.S. Bureau of Labour Statistics confirmed that inflation continued to cool off last month. Market technician reacts to the CPI print On a year-over-year basis, consumer prices were up 5.0% in March versus 5.1% that economists had forecast. Reacting to the data, Craig Johnson – Chief… Continue reading U.S. inflation data today: is there upside left in the S&P 500?