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EIA cuts 2020 oil price outlook by over 20%, lowers crude production forecasts
The U.S. Energy Information Administration lowered its 2020 forecast for West Texas Intermediate and Brent crude oil prices and cut its expectat.....»»
Video: "Peloton Girl" Calls Out Citron"s Andrew Left For Dismal Price Target
Actress Monica Ruiz criticized Citron Research's Andrew Left for giving a bleak outlook for Peloton Interactive Inc. (NASDAQ: PTON). read more.....»»
Futures Movers: Oil begins April on down note after worst month on record
Oil futures trade lower Wednesday, beginning April on a sour note as the COVID-19 pandemic destroys demand and a price war between Saudi Arabia and Russia promises to flood the world with unneeded crude......»»
Conagra Brands Rallies on Improved Profit Outlook
Company's stock price up 3.6% after pre-market earnings reportRelated Stocks: CAG,.....»»
How Bitcoin’s Price Slump Is Changing the Geography of Mining
Although China remains the leading region for bitcoin mining, the coronavirus downturn is changing the picture in other geographies......»»
Gold-Backed Stablecoins Race to Keep Up With Crisis-Driven Demand
Gold-backed crypto tokens continue to rise in price as sourcing gold itself during the coronavirus-induced downturn is reportedly getting more difficult......»»
Oil falls back as Russia rejects Trump"s intervention in price war
Oil prices fell on Friday after rising 10% in the session as the coronavirus epidemic knocked the outlook for demand and Moscow rejected an intervention by U.S. President Donald Trump in Russia's price war with Saudi Arabia......»»
Morgan Stanley Upgrades Tesla On More Realistic Stock Price, Can Weather Coronavirus Downturn
Tesla Inc (NASDAQ: TSLA) has enough cash and liquidity to make it through short-term economic disruptions from the coronavirus and continues to have a strong long-term thesis, Morgan Stanley said Thursday. Lates.....»»
Commodities Corner: Dismal oil demand outlook, Saudi-Russian price war lead to ‘atomic bomb’-like environment for oil
Oil futures trade near their lowest levels in 20 years with the plunge in prices expected to continue, fed by a weak oil demand outlook tied to the spread of COVID-19 and a price war between two of some of the biggest crude producers in the world......»»
Gold Outlook Remains Bullish Despite Temporary Setback
The outlook for gold prices looks bullish even though the metal’s price has declined today. Investors started to rotate back into risk as.....»»
Noble Energy downgraded at Raymond James on severe oil price downturn in Q2
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Gold outlook remains bullish despite temporary setback
The outlook for gold prices looks bullish even though the metal’s price has declined today. Investors started to rotate back into risk assets, boosting stock... The post Gold ou.....»»
EIA lowers U.S. crude production forecast, cuts 2020 oil price outlook by about 30%
The U.S. Energy Information Administration lowered its 2020 forecast for West Texas Intermediate and Brent crude oil prices by roughly 30% and reduced its expectations for U.S. crude-oil production, according to the Shor.....»»
SEMI cuts fab equipment spending growth outlook for 2020
Global fab equipment spending promises to rebound from its 2019 downturn and see a modest recovery this year before a sharp uptick drives record investments in 2021, SEMI said in its recent report......»»
Barclays cuts 2020 oil price outlook on price war, virus impact
Barclays on Tuesday slashed its oil price forecasts for 2020, citing OPEC's failure to convince its allies including Russia to cut production further, which led to Saudi Arabia saying it would raise its output in April despite sluggish global demand......»»
Barclays cuts 2020 oil price outlook on price war, virus impact
Barclays on Tuesday slashed its oil price forecasts for 2020, citing OPEC's failure to convince its allies including Russia to cut production further, which led to Saudi Arabia saying it would raise its output in April despite sluggish global demand......»»
Oil prices rebound 6% after rout, but outlook volatile
Oil prices bounced around 6% on Tuesday, but analysts saw little chance of a major recovery from the biggest daily rout in nearly 30 years after top producers Saudi Arabia and Russia launched a price war......»»
MarketWatch First Take: SmileDirectClub pokes a hole in its growth bubble
Executives at the controversial SmileDirectClub Inc. lowered the outlook for the company’s future revenue growth rate, letting even more air out of the company’s once bubble-like stock price......»»
Memory price outlook still upbeat
Industry observers are generally upbeat about memory chip prices this year, despite the coronavirus outbreak......»»
This Week"s Forecast February 24-28, 2020
Diesel Fuel Price Outlook EIA statistics show total U.S. distillate production at the highest level ever for the second week of February despite significant concern over demand. Inventory .....»»