Author: Multibagger News

Aixtron SE Surpasses Q2 Order Expectations Despite Downgraded Annual Forecast: Why Jefferies Remains Bullish Investing.com – Renowned German semiconductor equipment supplier, Aixtron SE (ETR:), reported a substantial order intake for Q2 2024, exceeding consensus estimates. However, the company revised its annual forecast downward, a move that Jefferies analysts welcomed, maintaining their optimism about the stock. Key Insights from Aixtron’s Q2 Performance: Impressive Order Intake: Aixtron’s Q2 2024 order intake hit €176 million, surpassing the consensus estimate of €148 million by 19%. Silicon carbide (SiC) products drove the majority of this demand, contributing to 58% of the total. Revised Annual Forecast:…

The Impact of the U.S. Presidential Election on Bond Yields: What Investors Need to Know – Davide Barbuscia As the U.S. presidential election draws nearer, bond investors are recalibrating their strategies, leading to higher yields in the market. President Joe Biden’s recent debate performance against Donald Trump has sparked speculation of a second Trump win, causing the benchmark 10-year yield to rise by six points to 4.34%. Investors are anticipating higher inflation under Trump due to his trade and economic policies, including higher tariffs and increased government spending. This has led to concerns about widening fiscal deficits and rising debt…

By Steve Holland and Jeff MasonPresident Joe Biden is set to participate in a crucial television interview as he works to address concerns about his mental acuity following a shaky debate performance. The interview, to be conducted by ABC News during a visit to Madison, Wisconsin, will be closely watched to gauge Biden’s ability to continue his campaign against Republican candidate Donald Trump.Despite facing pressure from donors and political allies to step aside, Biden remains determined to stay in the race. Some Democrats are calling for him to withdraw, but Biden is pushing forward with a series of events aimed…

Viking Therapeutics: Analysts Reiterate Buy Rating Despite Market Volatility BTIG reaffirms Buy rating on Viking Therapeutics (NASDAQ: VKTX) with $125 price target, anticipating positive catalysts in the second half of 2024. The upcoming second quarter earnings call and new clinical data at Obesity Week are expected to provide insights into the company’s drug development progress. Key Highlights: – Viking’s DACRA programs show promising early data – Phase 2b VOYAGE study reports positive results for NASH treatment – Morgan Stanley initiates Overweight rating with $105 price target – Viking strengthens financial position with $630 million raised InvestingPro Insights: – Viking’s financial…

Investing.com: U.S. Stock Futures Rise as Investors Await Nonfarm Payrolls Data for Rate Cues In holiday-thinned trade on Friday, U.S. stock index futures edged higher with all eyes on the upcoming nonfarm payrolls data for more clues on interest rates. At 06:10 ET (10:10 GMT), the S&P 500 traded largely unchanged, the Dow Jones gained 2 points, or 0.1%, and the Nasdaq climbed 20 points, or 0.1%. With equity markets closed for the Independence Day holiday on Thursday, Wall Street indexes were at record highs earlier in the week. Soft economic readings have increased expectations that the Federal Reserve will…

Citi analysts warn of geopolitical tensions and extreme weather events posing risks to oil prices in the near term. Conflicts in the Middle East and Hurricane Beryl are cited as examples. Despite these factors currently supporting prices in the $80s, Citi anticipates a potential softening later in the year. “Underlying physical market strength is expected to weaken,” states Citi. While demand signals show some positive signs like increased gasoline demand in the US, overall demand remains lower compared to last year. Citi maintains a price target of $82 per barrel for the next 0-3 months but revises its 6-12 month…

Nio CFO Shakeup: Steven Wei Feng Steps Down, Stanley Yu Qu Takes the Helm Amid Market Challenges Unveiling Nio’s Strategic CFO Shift: What It Means for Investors In a surprising turn of events, China-based electric vehicle (EV) giant Nio (NYSE: NIO) announced on Friday that its Chief Financial Officer (CFO), Steven Wei Feng, has stepped down from his position with immediate effect, citing personal reasons. The move comes at a critical juncture for the EV industry, which is facing significant headwinds including a fierce price war and stringent import restrictions on Chinese products. Feng’s departure ushers in a new era…

Title: Federal Reserve Official Signals Caution on Interest Rate Hikes, Impact on Investors Investing.com — In a recent statement, New York Fed President John Williams emphasized that the Federal Reserve is still cautious about the impact of interest rate hikes on inflation. Despite making progress in controlling price growth, inflation remains above the 2% target level. Williams reassured that the Fed is committed to addressing the issue, but indicated that more evidence of waning inflation is needed before considering a reduction in interest rates. The Fed now anticipates only one rate cut this year, compared to previous expectations of up…

Investment Manager’s Exclusive: Joe Biden Faces Pressure Amid Debate Performance – How Will This Impact Financial Markets? U.S. President Joe Biden’s upcoming television interview with ABC News’s George Stephanopoulos is crucial after his shaky debate against Donald Trump. Biden’s visit to Madison, Wisconsin aims to rally Democratic voters and show he’s still fit to run for re-election. Despite Biden’s insistence on staying in the race, pressure mounts for him to step aside for Vice President Kamala Harris. Polls show Trump leading, with some Democrats calling for Biden to quit. Biden’s $50 million ad blitz in July and campaign stops in…

Needham Lowers Taboola (TBLA) Price Target to $5.00, Analysts Expect Strong Revenue Growth Needham, a top investment firm, has revised its financial outlook for Taboola (NASDAQ:TBLA) shares, a leading discovery platform. The firm’s analyst adjusted the 12-month price target to $5.00 from $6.00, maintaining a Buy rating on the stock. The revision is due to a longer-than-expected integration timeline for Yahoo’s demand side into Taboola’s system. Despite this adjustment, Needham projects strong second-quarter performance for Taboola, with Gross Revenue expected to hit $428.3 million, a 29% increase year-over-year. For the full fiscal year 2024, Needham slightly reduced its revenue expectations,…