JP Morgan and Goldman Sachs have realigned their interest rate outlooks, now forecasting that the Federal Reserve will deliver a quarter-point cut after its Dec. 9-10 meeting.JP Morgan Reverses On Earlier Stance On Rate CutsJP Morgan, reversing its earlier prediction of a pause until January, cited recent comments from central bank officials as the primary driver for the shift.“We now believe the latest round of Fedspeak tilts the odds toward the Committee deciding to cut rates in two weeks,” wrote chief U. ...

Bitcoin hovered around the $90k mark in Asian trading on Friday, while regional stocks struggled for direction as investors weighed a powerful global rebound against signs that the rally may be running out of steam. The largest cryptocurrency traded in a tight band between about $90,600 and $91,400 after touching roughly $91,800 in the past 24 hours. A global equity gauge was little changed, yet still on track for its best week since June as traders leaned into the idea that the Federal Reserve is finall ...

US stock futures were muted with a holiday-shortened week and downbeat month drawing to an end, before the Chicago Mercantile Exchange halted trading on Friday due to a data center glitch. The CME is gradually starting to restore operations after a long outage disrupted live trading in futures and options across several markets worldwide, including US Treasurys and US crude oil. Two foreign-exchange platforms reopened at around 7 a.m. ET, CME said, but didn't give any indication of when other trading migh ...

Core Viewpoint - First Majestic Silver Corp. has experienced significant stock performance due to rising silver prices and strong earnings, leading to increased investor interest and a dividend announcement [1][4]. Group 1: Stock Performance - First Majestic Silver Corp. saw its stock price increase by 8.78% to close at $13.50, marking the fourth consecutive day of gains [1]. - The rise in stock price is attributed to a 3.59% increase in spot silver prices, which reached $53.32 per troy ounce, driven by optimism for an interest rate cut [1][2]. Group 2: Earnings Performance - The company reported a net income of $43 million in the third quarter, a turnaround from a net loss of $26.6 million in the same period last year [4]. - Revenues surged by 95% year-on-year, reaching $285.1 million, up from $146.1 million [4]. Group 3: Production and Sales - The record revenues were primarily driven by a 45% increase in silver equivalent payable ounces sold [5]. - There was also a 31% increase in the average realized silver price, which reached $39.03 [5]. Group 4: Dividend Announcement - First Majestic Silver Corp. is set to distribute dividends of $0.0052 per share to common shareholders on November 28, with a record date of November 14 [3].

U.S. markets are closed today for Thanksgiving, but S&P 500 futures were flat by midnight after the index closed up 0.69% yesterday, its fourth straight day of gains. Investors appear satisfied with the index’s current position, just 1% below its recent all-time high. Asian and European markets were flat or up; India’s Nifty 50 rose to an all-time high. As we head into the December holiday season, investors have good reasons to be jolly: The macro data appears to be lining up perfectly to push the U.S. Fe ...

Market Performance - The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite all recorded a fourth consecutive day of gains, indicating a positive market sentiment during Thanksgiving week [1] Company Insights - Oracle shares increased approximately 4% following a recommendation from Deutsche Bank, which highlighted the recent price pullback as an attractive entry point for investors [2] - Other technology and AI-related stocks, including Nvidia and Microsoft, also experienced gains in response to Oracle's performance [2] Economic Outlook - The futures market is pricing in an 85% chance that the U.S. Federal Reserve will cut interest rates by a quarter percentage point in December, which could impact market dynamics post-Thanksgiving [3] - There is a concern that if the Fed does not meet high expectations, it could lead to a market sell-off, although some analysts believe this outcome is unlikely [4] - Optimistic targets for the S&P 500 by the end of 2026 have been suggested, with estimates ranging from 7,400 to as high as 8,000, driven by expectations of looser monetary policy [5]

Market Overview - Asian stock markets are mostly higher, driven by positive cues from Wall Street and optimism regarding interest rates following dovish comments from US Fed officials [1][2] - The Nikkei 225 Index in Japan is trading sharply higher, with gains across most sectors, particularly in technology and financial stocks [9][10] Interest Rate Outlook - Recent comments from New York Fed President John Williams and other Fed officials suggest a preference for lowering interest rates, with an 84.7% chance of a 25-basis-point cut at the Federal Reserve's December meeting, up from 30.1% a week ago [2][3] - Investor confidence is bolstered by speculation that Kevin Hassett, who supports lower interest rates, may become the next U.S. Fed Chair [3] Australian Market Performance - The S&P/ASX 200 Index is gaining, with a rise of 15.80 points or 0.18% to 8,622.30, following three sessions of gains [5] - The value of new private capital expenditure in Australia increased by a seasonally adjusted 6.4% in Q3 2025, reaching A$48.999 billion, surpassing forecasts [8] Sector Performance - In the Australian market, gold miners are performing well, with Evolution Mining gaining over 2% and Northern Star Resources up more than 1% [7] - Technology stocks in Australia are also seeing gains, with Afterpay owner Block up more than 2% and Zip surging over 5% [6] Japanese Market Highlights - The Nikkei 225 closed the morning session at 50,203.38, up 644.31 points or 1.30%, with major gains in technology stocks like Advantest and Screen Holdings [10][11] - Market heavyweight SoftBank Group is surging more than 6%, contributing to the overall positive sentiment in the Japanese market [10] Broader Asian Market Trends - South Korea's market is up 1.2%, while other Asian markets like China, Hong Kong, Singapore, and Taiwan are higher by 0.2% to 0.7% [13] - The major averages on Wall Street closed higher for the fourth consecutive session, indicating a continued upward trend [14]

Group 1: Company Overview - Autodesk Inc. (NASDAQ: ADSK) is a leading software company known for its design and engineering software, widely used in architecture, engineering, and construction industries [1] - Autodesk's stock price increased by 1.58%, or $4.58, trading between $287.11 and $297.67 in premarket trading [4] - The company has a market capitalization of approximately $62.99 billion, with a high of $329.09 and a low of $232.67 over the past year [4] Group 2: Market Context - The broader market context is favorable for Autodesk, with U.S. stock futures on an upward trend during a holiday-shortened week [2] - There is an 84.9% probability of a rate reduction in December, which could benefit companies like Autodesk by reducing borrowing costs and encouraging investment [3] - Major indices showed gains, indicating strong investor interest, with Autodesk's trading volume on the NASDAQ reaching 2,327,384 shares [5] Group 3: Analyst Outlook - UBS set a price target of $400 for Autodesk, suggesting a potential upside of 35.86% from its current trading price of $294.43 [1][6] - The positive momentum in the broader market and anticipation of a December interest rate cut could benefit Autodesk [6]

Group 1 - Mortgage rates have decreased slightly, with the average 30-year mortgage rate at 6.23%, down from 6.26% the previous week, and the average 15-year mortgage rate at 5.51%, down from 5.54% [1][5] - The 10-year Treasury yield, which influences mortgage rates, has been declining as expectations for a Federal Reserve rate cut in December increase [2][3] - There is growing consensus for a December rate cut, with traders estimating an 83% chance of a 25 basis-point cut at the Fed's meeting on December 9-10 [3] Group 2 - Job losses at private employers have accelerated, indicating a weakening labor market, which is contributing to the expectation of a rate cut [3] - Mortgage applications for home purchases increased by 8% compared to the previous week, indicating a slight resurgence in buyer interest due to lower mortgage rates [5] - Contract signings for homes rose by 1.9% in October from the previous month, reflecting improved market activity [5]

Market Overview - The cryptocurrency market capitalization increased by 0.6%, reaching approximately $3.1 trillion, with 80 of the top 100 coins recording price increases [4][5] - Bitcoin (BTC) is trading at $87,788, reflecting a 0.2% rise, while Ethereum (ETH) is at $2,938, up by 1.1% [4][11] Bitcoin Analysis - BTC has struggled to reclaim the $90,000 level for an extended period, with market participants expressing surprise at the duration of this struggle [4][6] - The seven-day trading range for BTC is between $82,175 and $92,570, with a weekly decline of 3.4% and a monthly drop of 30.3% from its all-time high of $126,080 [11][12] - Investors are closely monitoring whether BTC can break through the $88,000 level, which could lead to further gains towards $90,500 and $93,000 [11] Ethereum Insights - ETH is hovering just below the $3,000 mark, with a psychological barrier noted between $2,900 and $3,000 [9] - The coin has experienced a 30.1% decline from its all-time high of $4,946, with a recent trading range between $2,680 and $3,095 [12] - A firm hold above the $2,980 level could propel ETH towards $3,000 and higher [12] ETF Inflows - US BTC spot ETFs recorded inflows of $128.64 million, bringing total net inflows to $57.61 billion [13][15] - ETH ETFs also saw inflows of $78.58 million, increasing total net inflows to $12.81 billion [15][16] - Texas has invested $5 million in BlackRock's spot Bitcoin ETF, with plans for an additional $5 million purchase [16] Market Sentiment - The crypto market sentiment remains in the extreme fear zone, with a fear and greed index reading of 15 [12][13] - Analysts suggest that the upcoming December could see a lull in market activity, with historical data indicating low movement during this month [6][7]