jeffbergen Investment summary My recommendation for Oracle (NYSE:ORCL) is a buy rating, as I am confident that ORCL can hit its FY26 targets given its solid execution and growth momentum. In particular, leading growth indicators are suggesting growth acceleration ahead. On a relative valuation basis, ORCL also screens really well against SAP, which is trading…
Get ahead of the market by subscribing to Seeking Alpha’s Stocks to Watch, a preview of key events scheduled for the coming week. The newsletter keeps you informed of the biggest stories set to make headlines, including upcoming IPOs, investor days, earnings reports and conference presentations. The marquee event in the week ahead will be…
yalcinsonat1 Stocks closed higher ahead of the Fed’s meeting this week, as tech behemoths Apple and Google rebounded on news that the iPhone maker will build Google’s Gemini artificial intelligence engine into its phones. Still, nine of the eleven S&P 500 sectors finished modestly in the green, while small caps struggled, which is likely due…
Kent Nishimura/Getty Images News The December SEP projections The FOMC is set to meet next week and will likely decide to leave the Federal Funds unchanged at the 5.25-5.50% range. However, the market is starting to price the Fed’s hawkish turn – or a signal from the Fed that it plans to cut interest rates…
littleclie By Carsten Brzeski With inflation dropping further and the eurozone economy remaining weak, the debate on rate cuts will be more heated than ever at the 7 March ECB meeting. However, stubborn underlying inflation, particularly services inflation, uncertainty regarding wage developments and the never-ending confidence in an economic rebound in the eurozone will prevent…
Amgen Inc. (NASDAQ:AMGN) Amgen Meeting on Rare Disease February 22, 2024 4:00 PM ET Company Participants Justin Claeys – Vice President of Investor Relations Murdo Gordon – EVP, Global Commercial Operations Vikram Karnani – Executive, Rare Disease Business Paul Burton – Chief Medical Officer James Bradner – Chief Scientific Officer Conference Call Participants Jay Olson…
da-kuk @NeilKSethi over on X is a prolific contributor of economic and market data every day. The man truly works hard at his task. Neil posted the above graphic in the last few days. While I understand the sentiment, speaking with another advisor the other day, this individual noted that not one of his clients…
Stay informed with free updates Simply sign up to the US-China relations myFT Digest — delivered directly to your inbox. US national security adviser Jake Sullivan has urged Beijing to use its leverage with Tehran to rein in Iranian-backed Houthi attacks on vessels in the Red Sea in a back-channel meeting with Chinese foreign minister…
Komatsu Ltd. (OTCPK:KMTUY) Investors Meeting & ESG Meeting Conference December 19, 2023 5:00 AM ET Company Participants Yasuji Nishiura – President of CE Marketing Division Taisuke Kusaba – Chief Technology Officer, President, Development Division Conference Call Participants Tsubasa Sasaki – Mitsubishi UFJ Securities Tomohiko Sano – JPMorgan Securities Kentaro Maekawa – Nomura Securities Yuichiro Isayama…
In a significant development, the Securities and Exchange Commission (SEC) convened with applicants seeking approval for spot Bitcoin Exchange-Traded Funds (ETFs) today, according to Eleanor Terrett and Charles Gasparino of FOX Business. Terrett revealed sources who attended the meeting said the SEC was “making sure everyone is doing cash creates,” and “asked issuers to remove all hints of in-kind…
Dilok Klaisataporn By Seema Shah, Chief Global Strategist The European Central Bank (ECB) kept its key policy rates on hold today for the second consecutive meeting. The interest rate on the main refinancing operations, the marginal lending facility, and the deposit facility remain at 4.5%, 4.75% and 4.0%, respectively. While the policy decision will not…
Traders are on edge, eagerly watching the Federal Reserve meeting for clues about prospective interest rate changes. Amid eventful financial dynamics, US Treasury yields edged higher earlier today, while the crypto market, specifically Bitcoin (BTC), is experiencing a downturn with the coin’s price plummeting to $42,000. The simultaneous rise in Treasury yields and the drop…
Alex Wong This week’s FOMC meeting will likely highlight the big differences between where the Fed sees interest rates in 2024 and where the market sees rates. The November job report this past week highlights that the labor market remains healthy despite a slowdown in hiring and an unemployment rate that is trending higher. But…
Get ahead of the market by subscribing to Seeking Alpha’s Stocks to Watch, a preview of key events scheduled for the coming week. The newsletter keeps you informed of the biggest stories set to make headlines, including upcoming IPOs, investor days, earnings reports and conference presentations. Stocks to Watch subscribers can also tune in on…
The anticipation surrounding a possible settlement revolves around the expectation that once a deal is inked, it will take away the gloom that still clouds Ripple Labs’ operations and finally set the firm and XRP on a path to truly thrive. In the ongoing protracted legal battle between Ripple Labs Inc and the US Securities…
Get ahead of the market by subscribing to Seeking Alpha’s Stocks to Watch, a preview of key events scheduled for the coming week. The newsletter keeps you informed of the biggest stories set to make headlines, including upcoming IPOs, investor days, earnings reports and conference presentations. Stocks to Watch subscribers can also tune in on…
Despite the legal victories of Ripple, the court recently issued an order concerning the remedies phase of the lawsuit. As the United States Securities and Exchange Commission (SEC) gears up for a closed-door meeting, crypto community members are abuzz with anticipation for a potential settlement of the longstanding legal battle between the SEC and Ripple….
aluxum The meeting between Biden and Xi Jinping in San Francisco some five days ago may have quelled some of the fears in investors’ minds pertaining to geopolitical concerns over China, which is also good for EM (emerging markets) in general given the East Asian country’s position as the world’s second-largest economy. However, the iShares…
Experts continue to speculate on what the SEC’s next course of action regarding crypto-based ETF applications could be. The United States Securities and Exchange Commission (SEC) appears to be gearing up to reexamine Grayscale’s application to convert its Bitcoin trust into a spot exchange-traded fund (ETF). This comes after a recent decision by the D.C….
Get ahead of the market by subscribing to Seeking Alpha’s Stocks to Watch, a preview of key events scheduled for the coming week. The newsletter keeps you informed of the biggest stories set to make headlines, including upcoming IPOs, investor days, earnings reports and conference presentations. Stocks to Watch subscribers can also tune in on…
Evergrande has informed the Hong Kong Stock Exchange that it intends to delay a restructuring meeting because things are not going as planned. Shares of Chinese real estate company Evergrande Group fell up to 22% on Monday after the firm announced it would delay a debt restructuring meeting due today. According to data from MarketWatch,…
Julia Nikhinson/Getty Images News The U.S. Federal Reserve is due to announce its decision following a two-day monetary policy meeting which ends on September 20. For an event that is usually surrounded by intense anticipation and debate among economists and traders, the upcoming meeting appears to be generating much less attention and discussion than before….
Lari Bat/iStock via Getty Images By Fawad Razaqzada The fact we also have an interest rate decision from the ECB to look forward to means the EUR/USD will be among the more active pairs, making it the currency pair of the week to watch. What’s Next For The Dollar After Rising For Eight Consecutive Weeks?…
phototechno/iStock via Getty Images Trend following (or managed futures) performs in the long run as well as equities, but with less risk. It also offers crisis alpha: it performs very well when equities tumble. On top of that come the diversification benefits; managed futures have a low correlation with other asset classes. The most famous…
Surendra Sharma/iStock via Getty Images I can’t complain too much about the performance of Alnylam Pharmaceuticals (NASDAQ:ALNY) operationally or in stock market terms since my last update on this biotech. The company has continued to deliver positive data from significant clinical programs as well as basically on-target commercial performance. With that, the shares have outperformed…
The 10-year Treasury yield rose while the 2-year yield fell as investors considered the implication of the Federal Reserve’s meeting minutes. Treasury yields in the US reacted differently to the Federal Reserve’s last meeting. Investors seem to weigh the implications of the minutes from the meeting, and whether or not there will be any forecast…
Lintao Zhang/Getty Images News This week’s meeting of the Politburo, the Chinese ruling party’s top decision-making body, has come and gone with no major policy stimulus announcement. Yet, the meeting takeaways were well-received by the market, likely on hopes of support for the much-troubled property sector, as well as a renewed commitment to private sector…