nvidia headquarters with nvidia sign in front Investors hoping for outsize gains over the next year may look toward Nvidia (NASDAQ: NVDA). Nvidia dominates the semiconductor market when it comes to chips designed for artificial intelligence (AI) purposes, and even with the stock’s massive move higher, analysts project further upside over the next 12 months. […]
Tag: Forecast
Are Investors Overreacting to Pfizer’s Underwhelming Forecast for 2024?
A frustrated investor reviewing multiple charts and reports. Pfizer (NYSE: PFE) stock has been in the dumps this year. It is struggling due to declining demand for its COVID products. And it may take some years before its top line starts rising meaningfully again. The company’s recent forecast didn’t help matters, either. But with the […]
Will El Niño freeze SC and soak it with rain to start 2024? Here’s the new NWS forecast
Some South Carolinians may need raincoats more often in early 2024, but they likely won’t be freezing too much despite El Niño, new forecasts show. Most of South Carolina can expect around normal temperatures and some above average rainfall for winter from January through March, according to the National Weather Service Climate Prediction Center’s latest […]
Early winter storm inundates Coachella Valley. Road closures, rain totals, forecast
An early winter storm that inundated coastal communities on Thursday made its way to the desert in the early morning hours Friday, threatening to flood and close streets as holiday travel concerns mount. Check back here for the latest road closures and rainfall totals as the storm moves through the area. Palm Springs area rainfall […]
Argentina’s Economy Shrank Less Than Forecast During Election
(Bloomberg) — Argentina’s economy posted a slight contraction in October despite a turbulent presidential election cycle that stoked policy uncertainty and yet another currency selloff in parallel markets. Most Read from Bloomberg Economic activity in October fell 0.1% from a month earlier, less than the median estimate for a 0.6% decline among economists surveyed by […]
Will Austin see a white Christmas? Keep dreaming. Here’s our weekend weather forecast
Thursday is the first day of winter, but if you’re hoping for a white Christmas in Austin this year, you’re out of luck. There’s a heightened chance of rain each day this Christmas weekend, when temperatures are expected to consistently hover in the high 60s and low 70s, according to the National Weather Service office […]
Travel weather forecast scaring you? What to know before you head out for the holidays
The holidays are fast approaching and, apparently, so is severe weather, threatening many people’s travel plans for Christmas. Around 115.2 million Americans are zipping up their suitcases to embark on their Christmas and New Year’s travels. Some may be bracing for bad weather that could lead to travel headaches, though everyone is certainly hoping to […]
FedEx profit misses, cuts full-year revenue forecast, shares sink
By Lisa Baertlein and Priyamvada C (Reuters) -FedEx cut its full-year revenue forecast and reported quarterly profit that fell far short of analysts’ targets on Tuesday, sending shares tumbling 8.5%, as it battles for business in what is shaping up to be a weak holiday season. The company’s shares fell to $256.20 in extended trading […]
Storm expected to hit Anchorage and Mat Valley with winds and blowing snow; heavy snow forecast elsewhere
Dec. 10—A powerful winter storm is expected to bring high winds and blowing snow to much of Southcentral Alaska starting Sunday afternoon, including Anchorage and the Matanuska Valley. Heavy snow is expected elsewhere, including on the Kenai Peninsula, in Southwest Alaska and the Copper River region. Winds are expected to pick up in Anchorage midday […]
Minnesota Budget Forecast Is Steady, but With Potential Trouble Ahead
ST. PAUL, Minn. (AP) — Minnesota‘s budget picture remains stable in the near term but there are clouds on the horizon, officials announced Wednesday. An updated forecast from Minnesota Management and Budget projects a surplus of $2.4 billion in the two-year budget period that runs through June of 2025. That’s up $808 million from the […]