Tag: forecasts
United States: Bowman still forecasts another Fed rate hike
(Reuters) – The U.S. central bank will likely need to raise borrowing costs further to bring inflation back to its 2% target within a reasonable time frame, Federal Reserve Governor…
Micron punished on the stock market after adjusting its forecasts
(AOF) – Micron fell 4.36% to 74.13 dollars in New York. The computer memory maker updated its revenue, gross margin, operating expenses and EPS guidance for the first quarter of…
Medtronic raises its forecasts on Wall Street
By Jean-Noël Legalland Published on 11/21/2023 at 1:55 p.m. Photo credit © PivèsPictures (Boursier.com) — Medtronic has revised…
XRP Could Reach $27 on Market Uptrend, EGRAG Forecasts
© Reuters The digital currency is currently positioned at a pivotal moment, with the potential to achieve a significant price increase according to EGRAG projections. As of today, XRP is…
Kingfisher: annual forecasts lowered with France
(CercleFinance.com) – Kingfisher lowered its annual forecasts on Wednesday, mainly citing weak demand in the French market. The British group, owner of the B&Q, Screwfix, Castorama and Brico Dépôt brands,…
Lowe’s lowers its annual forecasts
(AOF) – Lowe’s fell 2.16% to $200.03 in New York after reporting mixed results in the third quarter leading to a lowering of its 2023 outlook. The number two American…
AI now outperforms the best weather forecasts, thanks to DeepMind
Climatologists have spent decades accumulating data on the evolution of meteorology in various parts of the globe. As an example, let us cite the ERA5 project, which is a climate…
Vallourec in the green after raising its annual forecasts
(AOF) – Vallourec is among the biggest risers in the SBF 120, gaining 3.96% to 13 euros. This progression is explained by better than expected third quarter results followed by…
Siemens: Siemens forecasts slowing growth in 2024
FRANKFURT (Reuters) – German engineering group Siemens announced a more cautious sales outlook for 2024 on Thursday, after reporting a better-than-expected fourth-quarter profit at its industrial division. Siemens, maker of…
Vodafone: Annual forecasts confirmed
Read also (CercleFinance.com) – Vodafone confirmed on Tuesday that it is aiming for a ‘generally stable’ gross operating profit (Ebitda) for its financial year which will end at the end…
Market: The IEA revises upwards its crude demand growth forecasts for 2024
PARIS (Reuters) – The International Energy Agency (IEA) on Tuesday raised its forecast for growth in oil demand for this year and next, despite an expected deceleration in economic growth…
Electric vehicle: Fisker expected to decline after lowering its production forecasts
(AOF) – Fisker is expected to fall by more than 13% in pre-market trading on Wall Street. The American startup specializing in electric vehicles has revised its production forecast downward…