(VIANEWS) – Today, the Innrs artificial intelligence algorithm suggests a high probability of discovering the approximate price for tomorrow of Booking Holdings BKNG, MercadoLibre MELI and others.
Via News will regularly fact-check this AI algorithm that aims to consistently predict the next session price and next week’s trend of financial assets.
Innrs provides A.I.-based statistical tools to help investors make decisions. The table below shows the financial assets predicting price, ordered by the highest expected accuracy.
Innrs officials say this tool helps investors make better-informed decisions, supposedly used alongside other relevant financial information and the specific trader strategy.
In the next session, Via News will report the finding on the algorithm precision.
| Financial Asset | Accuracy | Close Price | Prediction |
|---|---|---|---|
| Booking Holdings (BKNG) | 89.37% | $2512.11 | ⇧ $2518.67 |
| MercadoLibre (MELI) | 87.95% | $1201.22 | ⇧ $1255.61 |
| Aurora Cannabis (ACB) | 86.68% | $0.81 | ⇧ $0.89 |
| Orix Corp (IX) | 84.13% | $88.34 | ⇧ $89.28 |
| Nucor Corporation (NUE) | 83.99% | $167.74 | ⇧ $172.99 |
1. Booking Holdings (BKNG)
Shares of Booking Holdings rose 3.55% in from $2425.99 to $2,512.11 at 18:21 EST on Thursday, following the last session’s upward trend. NASDAQ is sliding 2.05% to $11,338.35, following the last session’s upward trend.
Booking Holdings Inc. provides travel and restaurant online reservation and related services worldwide. The company operates Booking.com, which offers online accommodation reservations; Rentalcars.com that provides online rental car reservation services; Priceline, which offer online travel reservation services, and consumers hotel, flight, and rental car reservation services, as well as vacation packages, cruises, and hotel distribution services. It also operates Agoda that provides online accommodation reservation services, as well as flight, ground transportation and activities reservation services. In addition, the company operates KAYAK, an online price comparison service that allows consumers to search and compare travel itineraries and prices, comprising airline ticket, accommodation reservation, and rental car reservation information; and OpenTable for booking online restaurant reservations. Further, it offers travel-related insurance products, and restaurant management services to consumers, travel service providers, and restaurants. The company was formerly known as The Priceline Group Inc. and changed its name to Booking Holdings Inc. in February 2018. The company was founded in 1997 and is headquartered in Norwalk, Connecticut.
Sales Growth
Booking Holdings’s sales growth is 30.5% for the current quarter and 29.9% for the next.
Revenue Growth
Year-on-year quarterly revenue growth grew by 29.4%, now sitting on 16.02B for the twelve trailing months.
Previous days news about Booking Holdings
- Are retail-wholesale stocks lagging booking holdings (bkng) this year?. According to Zacks on Wednesday, 8 March, "Looking more specifically, Booking Holdings belongs to the Internet – Commerce industry, a group that includes 42 individual stocks and currently sits at #64 in the Zacks Industry Rank. ", "Investors interested in the Retail-Wholesale sector may want to keep a close eye on Booking Holdings and Kroger as they attempt to continue their solid performance."
More news about Booking Holdings.
2. MercadoLibre (MELI)
Shares of MercadoLibre rose 2.93% in from $1167.03 to $1,201.22 at 18:21 EST on Thursday, following the last session’s downward trend. NASDAQ is sliding 2.05% to $11,338.35, following the last session’s upward trend.
MercadoLibre, Inc. operates online commerce platforms in Latin America. It operates Mercado Libre Marketplace, an automated online commerce platform that enables businesses, merchants, and individuals to list merchandise and conduct sales and purchases online; and Mercado Pago FinTech platform, a financial technology solution platform, which facilitates transactions on and off its marketplaces by providing a mechanism that allows its users to send and receive payments online, as well as allows users to transfer money through their websites or on the apps. The company also offers Mercado Fondo that allows users to invest funds deposited in their Mercado Pago accounts; Mercado Credito, which extends loans to certain merchants and consumers; and Mercado Envios logistics solution that enables sellers on its platform to utilize third-party carriers and other logistics service providers, as well as fulfillment and warehousing services for sellers. In addition, it provides Mercado Libre Classifieds, an online classified listing service, where users can list and purchase motor vehicles, real estate, and services; Mercado Libre Ads, an advertising platform, which enables large retailers and brands to promote their products and services on the Internet; and Mercado Shops, an online storefronts solution that enables users to set-up, manage, and promote their own digital stores. MercadoLibre, Inc. was incorporated in 1999 and is headquartered in Montevideo, Uruguay.
Revenue Growth
Year-on-year quarterly revenue growth grew by 44.8%, now sitting on 9.67B for the twelve trailing months.
More news about MercadoLibre.
3. Aurora Cannabis (ACB)
Shares of Aurora Cannabis slid by a staggering 20.99% in from $1.03 to $0.81 at 18:21 EST on Thursday, after five successive sessions in a row of losses. NYSE is dropping 1.94% to $15,140.79, following the last session’s upward trend.
Aurora Cannabis Inc., together with its subsidiaries, produces, distributes, and sells cannabis and cannabis-derivative products in Canada and internationally. The company produces, distributes, and sells medical and consumer cannabis products in Canada. It is also involved in the distribution of wholesale medical cannabis in the European Union (EU); distribution of wholesale medical cannabis in various international markets, including Australia, Caribbeans, South America, and Israel; and distribution and sale of hemp-derived cannabidiol (CBD) products in the United States (U.S.) market. In addition, the company cultivates and sells dried cannabis, cannabis oils, capsules, edible cannabis, and cannabis extracts, which are ingested in various ways, including smoking, vaporizing, and consumption in the form of oil, capsules, edibles, and extracts; and provides dried milled strains and strain specific cannabis oils. Further, it offers patient counseling and outreach services. The company's adult-use brand portfolio includes Aurora Drift, San Rafael '71, Daily Special, Whistler, Being, and Greybeard, as well as CBD brands, Reliva and KG7; and medical cannabis brands include MedReleaf, CanniMed, Aurora, and WMMC. Aurora Cannabis Inc. is headquartered in Edmonton, Canada.
Moving Average
Aurora Cannabis’s value is way under its 50-day moving average of $0.94 and way below its 200-day moving average of $1.33.
Sales Growth
Aurora Cannabis’s sales growth is 25.2% for the present quarter and 29.7% for the next.
More news about Aurora Cannabis.
4. Orix Corp (IX)
Shares of Orix Corp rose 0.43% in from $87.96 to $88.34 at 18:21 EST on Thursday, after two consecutive sessions in a row of gains. NYSE is sliding 1.94% to $15,140.79, following the last session’s upward trend.
ORIX Corporation provides diversified financial services in Japan, the Americas, Asia, Europe, Australasia, the Middle East, and internationally. The company's Corporate Financial Services and Maintenance Leasing segment is involved in the finance and fee; leasing and rental of automobiles, electronic measuring instruments, and ICT-related equipment businesses; and provision of life insurance and environment and energy-related products and services. Its Real Estate segment develops, rents, and manages real estate properties; operates facilities; manages residential condominiums and office building; and provides construction contracting, real estate brokerage, and real estate investment advisory services. The company's PE Investment and Concession segment engages in the private equity (PE) investment and concession businesses. Its Environment and Energy segment provides renewable energy; ESCO; retails electric power; sells solar panels and battery electricity storage systems; and recycling and waste management services. The company's Insurance segment sells life insurance products through agents, banks, and other financial institutions, as well as face-to-face and online. Its Banking and Credit segment provides banking and consumer finance services. The company's Aircraft and Ships segment engages in the aircraft leasing and management, and ship-related finance and investment businesses. Its ORIX USA segment offers finance, investment, and asset management services. The company's ORIX Europe segment provides equity and fixed income asset management services. Its Asia and Australia segment offers finance and investment businesses. The company was formerly known as Orient Leasing Co., Ltd. and changed its name to ORIX Corporation in 1989. ORIX Corporation was incorporated in 1950 and is headquartered in Tokyo, Japan.
Revenue Growth
Year-on-year quarterly revenue growth grew by 0.6%, now sitting on 2.65T for the twelve trailing months.
Yearly Top and Bottom Value
Orix Corp’s stock is valued at $88.34 at 18:21 EST, way below its 52-week high of $103.43 and way higher than its 52-week low of $68.78.
More news about Orix Corp.
5. Nucor Corporation (NUE)
Shares of Nucor Corporation rose 0.82% in from $166.38 to $167.74 at 18:21 EST on Thursday, after three successive sessions in a row of gains. NYSE is dropping 1.94% to $15,140.79, following the last session’s upward trend.
Nucor Corporation manufactures and sells steel and steel products. The company's Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; wide-flange beams, beam blanks, and H-piling and sheet piling products; and bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and special bar quality products. It also engages in the steel trading and rebar distribution businesses. This segment sells its products to steel service centers, fabricators, and manufacturers in the United States, Canada, and Mexico. Its Steel Products segment offers hollow structural section steel tubing products, electrical conduits, steel racking, steel joists and joist girders, steel decks, fabricated concrete reinforcing steel products, cold finished steel products, steel fasteners, metal building systems, insulated metal panels, steel grating and expanded metal products, and wire and wire mesh products primarily for use in nonresidential construction applications. This segment also engages in the piling distribution business. The company's Raw Materials segment produces direct reduced iron (DRI); brokers ferrous and nonferrous metals, pig iron, hot briquetted iron, and DRI; supplies ferro-alloys; and processes ferrous and nonferrous scrap metal, as well as engages in the natural gas drilling operations. This segment sells its ferrous scrap to electric arc furnace steel mills and foundries for manufacturing process; and nonferrous scrap metal to aluminum can producers, secondary aluminum smelters, steel mills and other processors, and consumers of various nonferrous metals. It serves agriculture, automotive, construction, energy and transmission, oil and gas, heavy equipment, infrastructure, and transportation industries through its in-house sales force; and internal distribution and trading companies. Nucor Corporation was incorporated in 1958 and is based in Charlotte, North Carolina.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Nucor Corporation’s stock is considered to be overbought (>=80).
More news about Nucor Corporation.
