Business news


 ZIM stock price spikes amid dividend hopes but there’s a key risk

ZIM stock price spikes amid dividend hopes but there’s a key risk

April 26, 2024 10:25 AM PDT | By Invezz

ZIM Integrated (NYSE: ZIM) stock price went through a short-squeeze on Friday as traders continued focusing on the ongoing crisis in the Middle East....

 Xpeng announces Mona: a sub-brand of lower priced electric vehicles

Xpeng announces Mona: a sub-brand of lower priced electric vehicles

April 26, 2024 08:52 AM PDT | By Invezz

Xpeng Inc (NYSE: XPEV) is up 10% on Friday after announcing plans of launching a new sub-brand.  Xpeng’s Mona will launch in the coming mon...

 Intel stock: don’t hold your breath for a swift recovery

Intel stock: don’t hold your breath for a swift recovery

April 26, 2024 08:07 AM PDT | By Invezz

Intel Corp (NASDAQ: INTC) is down well over 35% versus its year-to-date high but a Goldman Sachs analyst still doesn’t see it as a bargain.  Inte...

 US inflation sees moderate rise in March, Fed interest rate cuts unlikely soon

US inflation sees moderate rise in March, Fed interest rate cuts unl...

April 26, 2024 07:32 AM PDT | By Invezz

In March, U.S. inflation saw a moderate increase but it is highly unlikely to alter financial markets’ hopes that the Federal Reserve will not c...

 China Shein to now face tougher EU rules

China Shein to now face tougher EU rules

April 26, 2024 06:31 AM PDT | By Invezz

This Friday, the EU released a statement classifying Shein, a Chinese fast-fashion company, as a Very Large Online Platform (VLOP) because of its larg...

 BloFin sponsors TOKEN2049 Dubai and celebrates the SideEvent: WhalesNight AfterParty 2024

BloFin sponsors TOKEN2049 Dubai and celebrates the SideEvent: Whales...

April 26, 2024 04:54 AM PDT | By Invezz

Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands MH 96960, MH 96960, April 26th, 2024, Chainwire A glit...

 Terra vs. SEC: Terraform Labs to block US-based users amid ongoing legal developments

Terra vs. SEC: Terraform Labs to block US-based users amid ongoing l...

April 26, 2024 04:37 AM PDT | By Invezz

Crypto firm Terraform Labs (LUNA) confirmed plans to block United States-based users after the recent SEC ruling. The decision comes as the blockchain...

 Simpson likes $COP and $MPC ‘a little better’ than Chevron after its Q1 earnings

Simpson likes $COP and $MPC ‘a little better’ than Chevron after its...

April 26, 2024 04:15 AM PDT | By Invezz

Chevron Corp (NYSE: CVX) is in focus this morning after coming in shy of revenue estimates for its fiscal first quarter. Kevin Simpson shares his view...

 FTSE 100 index: 4 reasons the Footsie vaulted to a record high

FTSE 100 index: 4 reasons the Footsie vaulted to a record high

April 26, 2024 04:01 AM PDT | By Invezz

The FTSE 100 index continued its strong rally this week as it moved deeper into its all-time high. The blue-chip index surged to a high of £8,110 on F...

 South Korean woman says I love you to ‘Elon Musk’ and loses 70 million won, what’s a romance scam?

South Korean woman says I love you to ‘Elon Musk’ and loses 70 milli...

April 26, 2024 03:59 AM PDT | By Invezz

A South Korean woman, identified only by her pseudonym Jeong Ji-sun, fell victim to a sophisticated romance scam, losing 70 million won (approximately...

 ExxonMobil earnings: The big oil stock reports disappointing Q1 financial results

ExxonMobil earnings: The big oil stock reports disappointing Q1 fina...

April 26, 2024 03:55 AM PDT | By Invezz

Today, on April 26th, energy company ExxonMobil (NYSE: XOM) reported its Q1 2024 financial results before US markets opened. Exxon follows fellow big...

 Snap’s Q1 earnings beat sends stock soaring 24% pre-market

Snap’s Q1 earnings beat sends stock soaring 24% pre-market

April 26, 2024 03:47 AM PDT | By Invezz

Snap Inc. (NYSE: SNAP) made a splash with its Q1 2024 earnings report released on April 25th, showcasing impressive financial results that exceeded ma...

 Big oil earnings: Three things to watch for as ExxonMobil, Chevron and Phillips 66 report financial results today

Big oil earnings: Three things to watch for as ExxonMobil, Chevron a...

April 26, 2024 03:31 AM PDT | By Invezz

Today, big oil is firmly in the spotlight, with ExxonMobil, Chevron, TotalEnergies, Phillips 66 and Imperial Oil all reporting their latest earnings w...

 Snowflake stock forecast: SNOW just formed a scary pattern

Snowflake stock forecast: SNOW just formed a scary pattern

April 26, 2024 03:06 AM PDT | By Invezz

Snowflake (NYSE: SNOW) stock price has formed the dreaded death cross pattern as concerns about its growth trajectory continued. It crashed to a low o...

 Slothana presale hits $15M and enters final stage amid growing industry interest

Slothana presale hits $15M and enters final stage amid growing indus...

April 26, 2024 02:55 AM PDT | By Invezz

London, United Kingdom, April 26th, 2024, Chainwire The Slothana (SLOTH) presale has raised over $15 million in funding and is entering its final stag...

 ByteDance denies plans to sell TikTok despite US divestment deadline

ByteDance denies plans to sell TikTok despite US divestment deadline

April 26, 2024 02:15 AM PDT | By Invezz

ByteDance, the Chinese technology conglomerate, has officially refuted claims that it is considering the sale of TikTok following new US legislation t...

 FBI warns against unregistered crypto services amid rising legal tensions

FBI warns against unregistered crypto services amid rising legal ten...

April 26, 2024 01:41 AM PDT | By Invezz

The Federal Bureau of Investigation has issued a warning to Americans about the risks associated with using unregistered cryptocurrency money-transmit...

 Ripple (XRP) Whales move 180M tokens amid new updates in the SEC lawsuit

Ripple (XRP) Whales move 180M tokens amid new updates in the SEC law...

April 26, 2024 01:40 AM PDT | By Invezz

Ripple’s (XRP) latest whale actions have attracted the attention of crypto players. The entities have shifted more than 180 million coins in various t...

 Buy Crude Oil: Strength returns in the market

Buy Crude Oil: Strength returns in the market

April 25, 2024 11:40 PM PDT | By Invezz

 MeWe launches a community invest round via WeFunder

MeWe launches a community invest round via WeFunder

April 25, 2024 11:39 PM PDT | By Invezz

Venice, United States, April 26th, 2024, Chainwire MeWe, a social network with more than 780,000 active users on the Polkadot blockchain, opens commun...

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