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Business news
LUNC price crash: why Terra Luna Classic is sending mixed signals
February 21, 2025 03:00 PM AEDT| By InvezzTerra Luna Classic price remains under pressure this year even as the token burn momentum gains steam. The LUNC token was trading at $0.00007615 on Friday morning, down by 60% from its highest level in 2024 and 75% from its all-time high. So, is the...
Japan’s inflation hits 2-year high of 4% in January—will the BOJ raise rates?
February 21, 2025 01:55 PM AEDT| By InvezzJapan’s inflation surged in January, with consumer prices rising 4% year over year—the highest level since early 2023. This has intensified pressure on the Bank of Japan (BOJ) to tighten its ultra-loose monetary policy. With inflation consistently ex...
SOL price nears a death cross: best 3 Solana rivals to 10x gains
February 21, 2025 01:02 PM AEDT| By InvezzSolana price has suffered a harsh reversal this month as one of the best layer-2 blockchain came under intense pressure. The SOL token plunged to a low of $160 this week, much lower than the year-to-date high of near $300. Let’s explore some of the b...
Dow sinks over 400 points, S&P retreats from highs amid Walmart scare
February 21, 2025 08:40 AM AEDT| By InvezzStocks fell on Thursday, but losses were pared after an early sell-off. The major averages remained in negative territory, though they recovered from their session lows. The S&P 500 dropped as much as 1% in early trading but finished the day down...
Microsoft unveils Majorana 1 chip, boosting quantum stocks: here’s what you need to know
February 21, 2025 07:04 AM AEDT| By InvezzMicrosoft announced a significant milestone in quantum computing with the unveiling of its Majorana 1 chip, a development that sent shares of quantum computing companies higher on Thursday. The breakthrough marks a key step in Microsoft’s 17-ye...
Mitch McConnell to retire in 2026, ending decades-long Senate career
February 21, 2025 04:50 AM AEDT| By InvezzRepublican Senator Mitch McConnell announced on Thursday that he will not seek reelection next year, bringing an end to his decades-long tenure as a key power broker in the Senate. McConnell, the longest-serving Senate party leader in US history, mad...
Why US oil and biofuel industries are uniting to influence Trump’s policies
February 21, 2025 02:59 AM AEDT| By InvezzUS oil and biofuel groups have joined forces to lobby the Donald Trump administration, according to a Reuters report. The group is asking for an increase in the amount of renewable fuels required to be blended into the nation’s fuel mix f...
Why Carvana stock is falling despite promising ‘significant growth’ in 2025
February 21, 2025 02:55 AM AEDT| By InvezzCarvana Co (NYSE: CVNA) sees “significant” further room for growth this year even though it already had a record 2024. The company’s fourth-quarter results came in ahead of estimates last night as well. Still, shares of the online used car retailer a...
Concerns of inflation hurting Walmart are overblown: here’s why
February 21, 2025 02:11 AM AEDT| By InvezzWalmart stock is down about 6% this morning after warning the inflationary pressures could weigh on its adjusted per-share earnings in 2025. Economists are concerned that Trump tariffs could trigger a trade war, which in turn will lead to a resurgenc...
Americans fear Musk’s budget cuts could disrupt essential services, poll finds
February 21, 2025 12:33 AM AEDT| By InvezzA new Reuters/Ipsos poll has found that a majority of Americans are concerned that Elon Musk’s push to slash federal jobs could disrupt essential government services. The poll revealed that 58% of respondents worry about potential delays in federal p...
Why Trump is pivoting to Russia and what it means for Ukraine, Europe, and China
February 20, 2025 10:58 PM AEDT| By InvezzOn the 24th of February 2022, the dramatic war between Russia and Ukraine has began. Three years later, US President Donald Trump has decided to push for a peace deal with Russia, effectively cutting Ukraine out of negotiations. He also labelled Pres...
These S&P 500 index stocks are leading in 2025: are they good buys?
February 20, 2025 09:10 PM AEDT| By InvezzThe S&P 500 index is firing on all cylinders this year and is now trading at its all-time high. It has surged by over 75% from its lowest level in 2022, a trend that may continue later this year. The index, which tracks the biggest companie...
What’s next for gold after its massive surge?
February 20, 2025 08:35 PM AEDT| By InvezzGold prices scaled fresh record highs on Thursday on increasing safe-haven demand as concerns over a global trade war intensified. “Apart from this, a fresh leg down in the US Treasury bond yields keeps the US Dollar (USD) bulls on the defensiv...
Sell these overvalued Nasdaq 100 stocks at their top
February 20, 2025 08:19 PM AEDT| By InvezzThe Nasdaq 100 index continues its strong surge this year and is now at its highest record level. It soared to a high of $22,175 on Wednesday, bringing its year-to-date gains to about 4.3%. This rally may continue, considering that the index ha...
Migration hardliner Friedrich Merz expected to become Germany’s next chancellor as CDU leads polls
February 20, 2025 06:14 PM AEDT| By InvezzFriedrich Merz is on track to become Germany’s next chancellor, with his party, the Christian Democratic Union (CDU), and its Bavarian affiliate, the Christian Social Union (CSU), maintaining a strong lead in the polls. With the election just days aw...
China holds key lending rates steady, prioritizing financial stability over rate cuts
February 20, 2025 01:01 PM AEDT| By InvezzChina opted to keep its key lending rates unchanged on Thursday, signaling a focus on financial stability rather than aggressive interest rate cuts to support economic growth. The People’s Bank of China (PBOC) maintained the one-year loan prime rate...
Polkadot price prediction: here’s why DOT may surge 500% soon
February 20, 2025 01:01 PM AEDT| By InvezzPolkadot price has crashed in the past few years and is now hovering near its all-time low. DOT traded at $4.95 on Thursday morning, down by 56% from its highest level in November last year. Let’s explore some of the top reasons why the Polkadot coin...
Top 4 blue-chip crypto coins to buy and stake
February 20, 2025 11:02 AM AEDT| By InvezzCryptocurrencies have proven to be some of the best investments in the last 16 years. Bitcoin has demonstrated that an asset’s price can move from less than $1 to $109,200 in this period. Instead, the S&P 500 index has jumped from $50 in 1950s to...
Trump’s approval rating dips as economic concerns weigh on public sentiment
February 20, 2025 06:33 AM AEDT| By InvezzUS President Donald Trump’s approval rating has declined slightly in recent days as more Americans express concerns about the direction of the economy, according to a Reuters/Ipsos poll. The six-day survey, which concluded on Tuesday, found tha...
No good news about US inflation: will Trump make the same mistakes as Biden?
February 20, 2025 03:21 AM AEDT| By InvezzInflation in the US refuses to go away. January’s data showed both consumer and wholesale prices rising more than expected, making it clear that price pressures are still a problem. At the same time, tariffs pushed by the Trump administration are add...
