Wall Street expects a year-over-year increase in earnings on higher revenues when CME Group (CME) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on February 14. ...

The cryptocurrency market started 2024 on a positive note after an impressive rally last year. The much-hyped reformation in the cryptocurrency space took place on Jan 10. The U.S. Securities and Exchange Commission (SEC) approved rule changes to allow the creation of spot bitcoin exchange-traded funds (ETFs).As many as,11 spot bitcoin ETFs are likely to be launched this year. Following the news, the price of bitcoin (BTC) jumped above the technical barrier of 47,000 to reach 47.893.70. However, Bitcoin’s p ...

The cryptocurrency market started 2024 on a positive note after an impressive rally last year. The much-hyped reformation in the cryptocurrency space took place on Jan 10. The U.S. Securities and Exchange Commission (SEC) approved rule changes to allow the creation of spot bitcoin exchange-traded funds (ETFs). As many as,11 spot bitcoin ETF’s are expected to be launched this year.The game-changing decision of the SEC will allow individuals, money managers and other financial institutions to get exposure to ...

CME Group’s (CME) global presence, compelling product portfolio, focus on over-the-counter clearing services and a strong capital position poise it well for growth. This largest futures exchange in the world in terms of trading volume as well as notional value traded has a solid history of delivering earnings surprises in the last 12 reported quarters. Its earnings grew 8.2% in the last five years.This Zacks Rank #2 (Buy) stock has gained 8.3% in the past six months, outperforming the Finance sector’s incre ...

Hidden Road, the global credit network for institutions, has launched listed derivatives clearing, starting with CME Group products NEW YORK, Jan. 17, 2024 /PRNewswire/ -- Hidden Road, the global credit network for institutions, today announced that it has extended its credit intermediation, clearing and financing offerings to cover listed derivatives markets through the firm's U.S. entity, Hidden Road Partners CIV US LLC, a registered futures commission merchant (FCM). The listed derivatives business is st ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider CME Group (CME) . This company, which is in the Zacks Securities and Exchanges industry, shows potential for another earnings beat.This parent company of the Chicago Board of Trade and other exchanges has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boast ...

A downtrend has been apparent in CME Group (CME) lately with too much selling pressure. The stock has declined 8% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.How to Determine if a Stock is OversoldWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spott ...

The cryptocurrency market witnessed an impressive turnaround in 2023 after a highly disappointing 2022. Bitcoin (BTC), the largest cryptocurrency worldwide, soared 157% last year. Other major cryptocurrencies such as Ethereum (ETH), Cardano (ADA), Dogecoin (DOGE) and BNB (BNB) also saw massive price hikes.The space is likely to remain buoyant in 2024. U.S. stock markets have soared amid a clear indication from the Fed’s December FOMC meeting that the current interest rate hike cycle, which elevated the Fed ...

baona Introduction With 2023 drawing to a close, I'm spending time doing some soul-searching - also with regard to my investments. I'm investing with the long-term goal of being able to pay my living expenses with dividend checks only, without having to touch the principal. In my view, the classic 4% rule (or similar approaches) is flawed - especially from a psychological perspective, as I explained in some of my previous articles (e.g. from March and April 2022). Of course, it is an ambitious goal to fund ...

| --- | --- | --- | --- | --- | --- | --- | --- | |----------------------------|-------|------------------------------|----------------------|--------|----------------------------------|----------------------|--------| | (amounts in thousands) | | Quarter \nSeptember \n2023 | Ended \n30, \n2022 | Change | Nine Months \nSeptember \n2023 | Ended \n 30, \n2022 | Change | | WTI crude oil | | 1,129 | 1,049 | 8 % | 1,091 | 1,153 | (5)% | | Natural gas | | 533 | 404 | 32 | 577 | 499 | 16 | | Refined products | | 3 ...