Business news

Carvana stock price is crumbling: is it safe to buy the CVNA dip?
March 07, 2025 07:09 PM AEDT| By InvezzCarvana stock price has moved into a bear market after plunging by over 36% from its highest level this year. CVNA has fallen to its lowest level since January 26, giving it a market cap of $46 billion. So, is Carvana a good stock to buy now? Carvana...

Gold prices hover near $2,900: Will trade uncertainty push further gains?
March 07, 2025 07:04 PM AEDT| By InvezzGold prices remained subdued above the $2,900 per ounce mark on Friday even as the precious metal is set to experience a weekly gain. “The commodity, however, remains confined in a multi-day-old trading range as traders seem reluctant and opt t...

Is Beyond Meat Shaping the Future of Plant-Based Protein?
March 07, 2025 06:25 PM AEDT| By Team Kalkine MediaHighlights,Noticeable surge in options trading volume observed.,Major share reduction executed by a key company representative alongside institutional adjustments.,Stock exhibits a downward movement with adjustments in earnings measures.,Beyond Meat...

Elon Musk’s SpaceX faces fresh hurdles as Starship explodes again
March 07, 2025 05:29 PM AEDT| By InvezzSpaceX faced another major setback as its Starship spacecraft exploded mid-flight shortly after launching from Boca Chica, Texas. This marks the second consecutive failure for Elon Musk’s Mars-bound rocket program in just over a month, raising concer...

Trump blames ‘globalists’ for stock market sell-off: ‘There’ll always be short-term interruptions’
March 07, 2025 04:53 PM AEDT| By InvezzUS stock markets witnessed sharp declines this week as investors reacted to uncertainty surrounding President Donald Trump’s shifting tariff policies. While analysts debated the impact of trade restrictions, Trump attributed the sell-off to ‘gl...

FTSE MIB index analysis: here’s why Italian stocks are surging
March 07, 2025 04:05 PM AEDT| By InvezzItalian stocks are doing well this year, with the blue-chip FTSE MIB index surging to a record high. It has risen in the last six days and is trading at €39,000. It is up by 14% this year, beating its American counterparts like the Nasdaq 100 and S...

Hang Seng index could go parabolic as a rare chart pattern nears
March 07, 2025 03:02 PM AEDT| By InvezzThe Hang Seng index has surged this year and is beating some of its top global peers like the Dow Jones, Nasdaq 100, and S&P 500. It has jumped by over 22% in 2025 and is now hovering at its highest level since February 2022. It soared by over 68...

2 reasons the Nikkei 225 index has crashed this year
March 07, 2025 01:02 PM AEDT| By InvezzThe Nikkei 225 index has remained under pressure this year and continued to underperform its global peers like the German DAX and French CAC 40. It retreated to a low of ¥36,897 on Friday, its lowest level since September 19. It has fallen by almost...

Salesforce, Microsoft, and 3 other software stocks Evercore ISI wants you to buy amid market pullback
March 07, 2025 07:21 AM AEDT| By InvezzInvestors have been cautious about high-growth technology stocks in 2024, with broader market uncertainty and concerns over President Donald Trump’s tariff policies putting pressure on valuations. The Nasdaq Composite has declined 6% so far thi...

Colombia’s Ecopetrol says it will not do business with Venezuela following US OFAC restrictions
March 07, 2025 04:38 AM AEDT| By InvezzEcopetrol’s president, Ricardo Roa, confirmed that the Colombian state-owned company would not conduct any business with Venezuela as long as US Office of Foreign Assets Control (OFAC) prohibitions were in effect. This declaration represents an...

Tesla shares slide another 5% on Thursday: here’s why
March 07, 2025 01:47 AM AEDT| By InvezzBaird has added Tesla as a Bearish Fresh Pick, citing near-term headwinds related to production challenges and weakening demand. Shares of Tesla were down over 5% as the markets opened on Thursday. The TSLA stock has slumped around 28% in the last 30...

Russia maintains oil production near OPEC+ target, but challenges remain
March 07, 2025 01:22 AM AEDT| By InvezzRussia’s crude oil production in February remained nearly unchanged from January, staying just below its OPEC+ quota, Bloomberg reported on Thursday. Last month, output averaged 8.964 million barrels per day, according to the report. ...

Medicus Pharma Ltd Announces Positively Trending Interim Analysis for SKNJCT-003 Phase 2 Clinical Study to Non-Invasively Treat Basal Cell Carcinoma of the Skin (BCC)
March 06, 2025 11:30 PM AEDT| By News File CorpThe Interim Analysis Showed Complete Clinical Clearance of More than Sixty (60%) PercentPhiladelphia, Pennsylvania--(Newsfile Corp. - March 6, 2025) - Medicus P...

Oil prices rebound from three-year lows, but weak market challenges US producers
March 06, 2025 10:27 PM AEDT| By InvezzOil prices rebounded from a three-year low on Thursday as investors resorted to lower level buying after Brent fell sharply in the previous session. Market sentiment in the oil sector has taken a pessimistic turn, evidenced by the significant d...

Silver price forecast 2025: Will a supply deficit push prices to $39?
March 06, 2025 10:21 PM AEDT| By InvezzThe price of silver, denominated in Indian Rupees (INR), has experienced a significant increase of 15% during the calendar year 2024. This upward trend has continued into 2025, with a further 11% rise in prices year-to-date. This surge in silve...

Tariffs kick in
March 06, 2025 08:49 PM AEDT| By InvezzFebruary wasn’t a particularly good month for US equities. The first trading day began with a sharp sell-off which saw all the US majors gap lower. Why? Tariffs. Just one week into his second term as President of the United States, and Donald Trump d...

3 USA coins to buy and turn $1k to $10k ahead of Trump crypto summit
March 06, 2025 08:13 PM AEDT| By InvezzMade in USA coins will be in the spotlight this week as Donald Trump hosts the first crypto summit in Washington. He is expected to announce the Strategic Bitcoin Reserve, a move that may lead to more demand in the near term. This article explores so...

Stellantis share price has collapsed: death cross points to more pain
March 06, 2025 07:01 PM AEDT| By InvezzStellantis share price remains on edge, and is at risk of further downward momentum as its growth and profits slow and its exposure to the United States remain. STLA stock was trading at $12.90 in New York, down by over 53% from its lowest level in 2...

OPEC+ move seeks to please Trump but risks worsening oil oversupply
March 06, 2025 06:14 PM AEDT| By InvezzThe Organization of the Petroleum Exporting Countries and allies’ decision to raise crude oil production from April seems more like a move to please US President Donald Trump. The eight OPEC+ countries that voluntarily reduced their oil product...

Asia markets rally as Japan bond yields surge, Alibaba jumps on AI push
March 06, 2025 05:46 PM AEDT| By InvezzAsian markets traded mostly higher on Thursday, following overnight gains on Wall Street after US President Donald Trump delayed tariffs on select automakers. Japan’s Nikkei 225 led the region’s gains, while South Korean and Chinese equities saw posi...