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Wells Fargo backs Meta, Alphabet ahead of earnings despite cuts

As Meta Platforms and Alphabet-owned Google head into a closely watched earnings season after a major legal setback, analysts say the results could serve as the next catalyst for the stocks. Analysts at Wells Fargo have reiterated an overweight rating on both companies, signalling continued confidence in their long-term outlook, even though they have trimmed

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Rising jet fuel costs from Iran conflict threaten US airline profits

Airline investors are facing renewed caution as rising oil prices tied to the Iran conflict threaten to squeeze profits across the US aviation sector. While travel demand in the United States remains resilient for now, analysts warn that escalating fuel costs are putting significant pressure on airline margins, prompting lowered earnings forecasts and heightened uncertainty

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Dow Jones slips, S&P gains as oil surges and market volatility spikes

US stocks closed slightly mixed on Thursday after paring deeper losses, as diplomatic signals from the Middle East helped calm markets rattled earlier by President Donald Trump’s threats of tougher action against Iran ahead of the long holiday weekend. Investor sentiment steadied in the afternoon after Iran’s foreign ministry said it was drafting a protocol

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WTI crude oil price flips Brent as Polymarket traders sees it hitting $120

WTI crude oil price jumped to $112 on Friday, continuing a bullish trend that started in late February when Donald Trump and Benjamin Netanyahu launched their war against Iran. It has flipped that of Brent, which was trading at $109. Polymarket traders see WTI crude oil price hitting $120 Traders believe that the WTI crude

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USD/CHF forecast: Rising wedge forms ahead of US NFP data

The USD/CHF exchange rate continued its uptrend this week as demand for the US dollar remained. Still, the pair has formed a highly bearish chart pattern, pointing to more downside in the near term.  US dollar is beating Swiss franc as the war continues The USD/CHF exchange rate is doing well as investors move to

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Crypto price predictions today: Algorand, Quant, Venice Token

The crypto market remained under pressure in Friday as the 24-hour volume plunged because of the Easter holiday. Bitcoin remained at $66,500, while the market capitalization of all coins stalled at $2.3 trillion. This article provides a forecast for top tokens like Algorand (ALGO), Quant (QNT), and Venice Token (VVV). Algorand price prediction  Algorand price

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Gold price forecast amid relentless Turkish Central Bank selling

Gold price has remained in a tight range in the past two months as American investors and the Turkish central bank continued selling. It was trading at $4,676 on Friday, down substantially from the year-to-date high of $5,602. Turkish Central Bank is dumping gold One of the top reasons why the gold price is falling

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XRP price prediction: What next for the falling Ripple token?

XRP price has pulled back in the past few months and constantly remains in a technical bear market as demand from investors continues falling. Ripple token was trading at $1.3115 on Friday, down by over 60% from its all-time high of $3.6. This consolidation continued despite the major progress that Ripple Labs is making. Ripple

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Delta Air Lines stock price analysis and earnings preview: buy or sell?

Delta Air Lines stock price has done better than other American airlines during the ongoing Iran war. It has jumped by 5% in the last 30 days, while other companies like Southwest, United Airlines, and American Airlines have dropped by over 10% in this period.  DAL stock vs other top airlines | Source: TradingView Delta

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US jobless claims fall to 202K, below expectations as layoffs ease

The US labour market showed signs of resilience toward the end of March, with fresh data pointing to subdued layoffs as initial applications for unemployment benefits fell. New claims for state unemployment benefits dropped by 9,000 to a seasonally adjusted 202,000 in the week ended March 28, according to data released by the Labor Department.

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