FMP
Jun 12, 2024 6:22 AM - Parth Sanghvi
Image credit: IKECHUKWU JULIUS UGWU
The recent US jobs report triggered a curious reaction in the market according to JPMorgan [JPM]. While the data indicated a strong labor market with rising payroll numbers, it also caused a rise in unemployment. This seemingly mixed bag had opposing effects on the two major asset classes:
JPMorgan's Take:
The Big Picture:
The market seems to be grappling with mixed signals. While the economic data is positive, it also raises concerns about inflation and potential interest rate hikes. JPMorgan's analysis highlights the potential for a correction in the stock market, particularly if the disconnect between equities and bonds persists. Investors should be aware of these risks and consider how they might impact their investment strategies.
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May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...
May 16, 2024 8:06 PM - Gordon Thompson
On Thursday, May 16, 2024, Deutsche Bank upgraded its rating on NASDAQ:ASTS to Buy, maintaining a hold position. At the time of the announcement, ASTS was trading at $4.03. This decision was accompanied by an increase in the price target for AST SpaceMobile, raised to $22 from $19, as detailed in a ...
May 24, 2024 9:30 AM - Rajnish Katharotiya
Earnings call transcripts are invaluable resources for investors, analysts, and financial enthusiasts. They provide insights into a company's performance, strategy, and future outlook, making them essential for making informed investment decisions. With Financial Modeling Prep, Earnings Call Transcr...