Business news

Alcoa sees strong order book but faces uncertainty amid tariffs, power outage
May 01, 2025 08:25 PM AEST| By InvezzAlcoa reported on Thursday that its second-quarter order book remains strong and has not yet been affected by US tariffs. The aluminium producer also noted that the recent power outage in Spain presents potential risks to its operations in that count...

Gold slips to two-week low as safe-haven appeal fades; can prices recover?
May 01, 2025 07:32 PM AEST| By InvezzGold prices remained vulnerable to further downside on Thursday as prospects of a trade deal between the US and its trading partners wiped the sheen off the yellow metal. Safe-haven appeal of both gold and silver was affected on Thursday’s trad...

Why oil prices may face an uphill battle despite market support
May 01, 2025 03:27 PM AEST| By InvezzOil prices were slightly lower on Thursday after sharp losses in the previous session due to prospects of higher supply and a slowing US economy. “Crude just can’t get an upside break,” said David Morrison, senior market analyst at Trade Nation...

The Big Picture Webcast Spotlights Mortgage Industry Power Players In May Lineup
April 28, 2025 09:00 PM AEST| By Send2PressCLEVELAND, Ohio, April 28, 2025 (SEND2PRESS NEWSWIRE) -- Top mortgage industry webcast The Big Picture, broadcast live every Thursday at 3 p.m. ET, announced a powerful guest lineup for May featuring...

Oil prices rebound: what’s driving the rally and what comes next for investors
April 23, 2025 10:03 PM AEST| By InvezzOil prices have bounced back, climbing over 3% in just a few days. Crude oil has climbed to $80 early on in 2025, before falling 25% down to below $60 per barrel only a few days ago. Charts do not tell the full picture as oil prices are rarely this v...

BP shares rise after Elliott reveals 5% stake: here’s what it plans to do
April 23, 2025 09:15 PM AEST| By InvezzBP shares climbed by more than 5% on Wednesday after hedge fund Elliott Management revealed a 5.006% stake in the British oil major. The stock was up 5.11% at 10:12 a.m. London time, partially reversing its declines year-to-date. The jump follows Ell...

Germany to phase out power payments, saving consumers €1.5B
April 23, 2025 09:08 PM AEST| By InvezzGermany’s Bundesnetzagentur, the regulatory body overseeing the country’s energy grid, has announced a proposal aimed at providing financial relief to power consumers. The plan involves gradually phasing out payments currently made...

XRP price prediction: How high would it go if most US banks integrated Ripple?
April 23, 2025 08:08 PM AEST| By InvezzXRP price has slowly moved above a crucial resistance level this week, raising optimism that it will maintain its momentum. Ripple surged to a high of $2.2 on Wednesday, its highest level in over two weeks and 40% from its lowest level this month. Th...

JPMorgan sees gold topping $4,000 by Q2 2026 on rising trade tensions
April 23, 2025 04:42 PM AEST| By InvezzIn a note released recently, JPMorgan has predicted that the price of gold could surpass $4,000 per ounce in the coming year. This forecast is based on the bank’s assessment of heightened recession risks, which are being fueled by escalated US...

Pi Network price has crashed: 5 reasons not to short Pi Coin
April 23, 2025 04:10 PM AEST| By InvezzPi Network price has collapsed after peaking at $3 in February shortly after its mainnet launch. The Pi coin token has crashed to the current $0.65, down by 78% from its all-time high. This crash has erased billions of value as the market cap has cra...

Here’s why DeepBook, Dogecoin, Shiba Inu, Cardano, and altcoins are soaring
April 23, 2025 02:10 PM AEST| By InvezzThe crypto market was a sea of green as Bitcoin and most altcoins continued their recent recovery. The market capitalization of all cryptocurrencies surged to over $2.93 trillion, a figure that may continue to grow this week. DeepBook price surges af...

Here’s why Algorand price could rise as its key data deteriorate
April 23, 2025 12:02 PM AEST| By InvezzThe Algorand price has crawled back in the past few days, mirroring the performance of other altcoins. ALGO token was trading at $0.213 on Wednesday, a few points above this month’s low of $0.1480. It remains 92% below its all-time high. This article...

Polkadot price prediction: top reasons DOT will surge soon
April 23, 2025 10:01 AM AEST| By InvezzPolkadot price has bounced back in the past few days as the crypto market has improved. After bottoming at $3.24 earlier this month, the token has jumped by over 27% to the current $4.10. This article explores why technicals and fundamentals have ali...

Japan’s crude oil imports in structural decline, dependence on Middle East grows
April 23, 2025 02:46 AM AEST| By InvezzJapan’s crude imports are in structural decline. The country is increasingly dependent on Saudi Arabia and the UAE, according to Vortexa. The decrease in Japan’s crude imports from 2022 to 2024 can be attributed to falling domestic demand for t...

Russian wheat exports plummet for fourth straight month on lower profitability
April 23, 2025 02:10 AM AEST| By InvezzSovEcon, a leading agricultural consultancy, estimates that Russia will export 2.0 million metric tons of wheat in April. This figure represents a significant decrease compared to the 5.0 million metric tons exported in April of the previous ye...

US market confidence is cracking: what are the real risks behind the selloff?
April 22, 2025 11:25 PM AEST| By InvezzThe financial markets are belief systems. They believe in earnings, in productivity, in institutions. When those beliefs hold, valuations stretch upwards. But when they crack, everything snaps. On Monday, $1.4 trillion in stock market value van...

Best gold stocks and ETFs to buy as its price surges
April 22, 2025 07:03 PM AEST| By InvezzGold price has continued to surge this year, becoming the best-performing major asset. It has soared by almost 30% and is nearing the important resistance point at $3,500. Analysts have boosted their gold forecasts, with Goldman Sachs estimating that...

ZIM stock price forms a death cross as dividend risks rise
April 22, 2025 06:11 PM AEST| By InvezzThe ZIM stock price has remained in a technical bear market, declining by over 37% from its peak in December. It was trading at $12.95 on Monday, dragging its market cap from $3.26 billion to the current $1.56 billion. So, is ZIM a good buy as the Wo...

Here’s why I’d sell SCHD and JEPI ETFs and buy UTF instead
April 22, 2025 05:07 PM AEST| By InvezzIncome-focused exchange-traded funds have retreated this year, mirroring the performance of mainstream Wall Street indices like the Nasdaq 100 and S&P 500. The popular Schwab US Dividend Equity ETF (SCHD) has dropped by over 12% from its hi...

‘Clear and present danger’ – Morgan Stanley warning may hit ETH, Jasmy, Cardano, Kaspa, PEPE
April 22, 2025 04:07 PM AEST| By InvezzA Morgan Stanley analyst has issued a major warning that may impact risky assets, including stocks and cryptocurrencies such as Ethereum, Jasmy, Cardano, Kaspa, and PEPE. His statement came as these tokens attempted to bounce back. The Ethereum...