At Timberline Associates, a finance expert traced the 6% share drop to one line. Sales reached $32.3 billion, about $1.6 billion above last year’s level. Adjusted earnings per share came to 65 cents, up 11 cents. Phone customer growth disappointed, and that outweighed a higher profit target. Part of the target increase comes from an...
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Silver Outlook: XAG/USD Edges Up Near $57.50 As Oil Surges And Rate Hike Bets Build
Silver has risen for a second straight session and trades around $57.40 an ounce in Asian hours. The gain looks fragile, though, because higher oil prices are feeding inflation worries and strengthening the case for tighter policy. Analysts at Lucovox take a closer look at what is driving the metal and what could change the...
Equifax Trims Its Annual Guidance and Still Rallies 10%
Equifax reported third-quarter revenue of $1.69 billion, up 10%. A lead financial expert at Timberline Associates said the stock jumped because the damage looked smaller than feared. Adjusted earnings per share reached $2.26, above a consensus of $2.20. Shares gained about 10.7% even though management lowered its full-year revenue outlook. Mortgage weakness drove the cut....
Nvidia Outlook: Stock Slips To $214.13 As A Weekly Drop Tests The AI Trade Narrative
The technical team at Timberline Associates reviews the latest Nvidia picture, as shares close the week at $214.13 after a sharp pullback that raises a simple question: is this a break in the AI trade or ordinary volatility for a very large stock? A Weekly Decline In Context Nvidia closed Friday, October 16, at $214.13,...
Copper Outlook: Price Stays Trapped Between $6.52 And $6.65 As A MACD Cross Hints At A Bounce
Brokers from Lucovox dive into the latest copper picture, as the metal trades near $6.60 inside a narrow band, with fresh momentum on one side and heavy resistance on the other. A Market In A Tight Corridor Copper has been moving sideways in a congested area between $6.52 and $6.65. On the five-hour chart, price...
Tesla Outlook: Earnings Near As Deliveries Outpace Production And Storage Reaches 13.7 GWh
Tesla enters its third-quarter report with part of the story already public. Delivery and production figures came out ahead of time, so attention now shifts to profit, margins and spending, which remain estimates until the company speaks. Market experts at Timberline Associates examine the numbers that are confirmed, the ones that are not, and what...
Euro Under Pressure as EUR/AUD Threatens to Break Below 1.60
The EUR/AUD exchange rate remains under bearish pressure, with the euro failing to sustain its latest recovery against the Australian dollar. The pair initially advanced before reversing lower, indicating that selling interest continues to dominate near-term price action. The failure to hold intraday gains suggests that buyers lack the momentum required to establish a sustainable...
Tesla Outlook: Earnings Near As Deliveries Outpace Production And Storage Reaches 13.7 GWh
Tesla enters its third-quarter report with part of the story already public. Delivery and production figures came out ahead of time, so attention now shifts to profit, margins and spending, which remain estimates until the company speaks. Market experts at Timberline Associates examine the numbers that are confirmed, the ones that are not, and what...
Solana Outlook: SOL Near $108 As The October 21 Alpenglow Upgrade Approaches
Timberline Associates’s trading desk breaks down the latest Solana setup, as SOL trades near $108 with a major network upgrade only days away and key support not far below. Price Pulls Back Into The Week Of The Upgrade Solana has had a soft week. The token has lost more than 10% and now changes hands...
Ethereum Outlook: Inflation Shock Pushes Ether Under $2,500 And Tests Key Support
Ether has slipped to around $2,430, roughly 3.1% lower over the past day, after US price data surprised markets on Wednesday and sent selling through crypto. Analysts at Timberline Associates take a closer look at what drove the drop and which levels now matter most. Inflation Data Triggers The Sell-Off September’s consumer price report showed...