Business news


 Intel Q2 earnings: ‘it has been slower to execute in AI’

Intel Q2 earnings: ‘it has been slower to execute in AI’

July 28, 2023 07:51 AM AEST | By Invezz

Intel Corporation (NASDAQ: INTC) just reported a surprise profit for its fiscal second quarter. Shares are up 8.0% in after-hours.   Intel issues...

 AWS expands Amazon Managed Blockchain for Web3 developers

AWS expands Amazon Managed Blockchain for Web3 developers

July 28, 2023 05:10 AM AEST | By Invezz

AWS, an Amazon company and the world’s leading cloud service provider, has added two new services to its platform as it looks to expand access f...

 Should you buy Roku stock ahead of its earnings today?

Should you buy Roku stock ahead of its earnings today?

July 28, 2023 03:50 AM AEST | By Invezz

Roku Inc (NASDAQ: ROKU) has already gained a whopping 70% this year but a Bank of America analyst says it may not be done pleasing its shareholders ju...

 Per Lekander says oil prices could crash to $35: here’s why

Per Lekander says oil prices could crash to $35: here’s why

July 28, 2023 03:08 AM AEST | By Invezz

Oil prices could be cut in less than half in the coming months, says Per Lekander. He’s a Portfolio Manager at Clean Energy Transition. Why is h...

 McDonald’s profit nearly doubled in Q2: ‘we’re neutral on the stock’

McDonald’s profit nearly doubled in Q2: ‘we’re neutral on the stock’

July 28, 2023 02:02 AM AEST | By Invezz

McDonald’s Corp (NYSE: MCD) reported a near 100% increase in its second-quarter profit on Thursday. Its shares are up 2.0% at writing. What drov...

 Shell had its profit cut in half in Q2: here’s what CEO Sawan said today

Shell had its profit cut in half in Q2: here’s what CEO Sawan said t...

July 28, 2023 12:53 AM AEST | By Invezz

Shell PLC (LON: SHEL) is in the red this morning after reporting a significant year-on-year decline in its second-quarter earnings. Shell blames lower...

 S&P Global Q2 revenue hits $3.1 billions as profits retreat

S&P Global Q2 revenue hits $3.1 billions as profits retreat

July 27, 2023 09:49 PM AEST | By Invezz

S&P Global (NYSE: SPGI), the giant financial services company, had a mixed quarter as demand for its solutions moderated. The company’s reve...

 3 reasons why Boohoo share price could jump by 55%

3 reasons why Boohoo share price could jump by 55%

July 27, 2023 09:00 PM AEST | By Invezz

Boohoo (LON: BOO) share price made a strong bullish breakout on Thursday as investors focused on the Ocado short-squeeze. The shares jumped by more th...

 Standard Chartered share price analysis: scenarios ahead of earnings

Standard Chartered share price analysis: scenarios ahead of earnings

July 27, 2023 03:00 PM AEST | By Invezz

Standard Chartered (LON: STAN) share price has done well after bottoming in March this year. The stock has jumped by over 22% and is now loitering at...

 ITV share price forms a bullish divergence as ad revenue slumps

ITV share price forms a bullish divergence as ad revenue slumps

July 27, 2023 01:00 PM AEST | By Invezz

ITV (LON: ITV)  share price has struggled for months as investors react to the company’s weakening financial status. The stock plunged to a...

 IDS: As the Royal Mail share price surges, I’m unconvinced

IDS: As the Royal Mail share price surges, I’m unconvinced

July 27, 2023 01:33 AM AEST | By Invezz

IDS (LON: IDS) share price has outperformed the market this year even as concerns about the company’s future continue. The stock has jumped by o...

 Informa share price outlook ahead of earnings: Is it still a good buy?

Informa share price outlook ahead of earnings: Is it still a good bu...

July 26, 2023 10:30 PM AEST | By Invezz

Informa (LON: INF) share price has outperformed the FTSE 100 and FTSE 250 indices this year as its business performance improved. The stock has jumped...

 Mullen Automotive (MULN) stock analysis: Waiting for August 3

Mullen Automotive (MULN) stock analysis: Waiting for August 3

July 26, 2023 06:30 PM AEST | By Invezz

Mullen Automotive (NASDAQ: MULN) stock price has been in a strong freefall this year as investors remain concerned about the company’s future. T...

 ASX 200 index forecast as REA Group, ANZ, Westpac share prices jump

ASX 200 index forecast as REA Group, ANZ, Westpac share prices jump

July 26, 2023 01:00 PM AEST | By Invezz

The ASX 200 index rally gained steam on Wednesday as the market reacted to the latest Australia inflation data. The index, which tracks the blue-chip...

 Centrica share price is shining in 2023: Is it still a good buy?

Centrica share price is shining in 2023: Is it still a good buy?

July 26, 2023 12:39 AM AEST | By Invezz

Centrica (LON: CNA) share price has been on fire this year. It has soared by more than 35% this year while the benchmark FTSE 100 index has risen by l...

 Spotify added 36M users in Q2 as MAUs hit a record 552M

Spotify added 36M users in Q2 as MAUs hit a record 552M

July 25, 2023 08:50 PM AEST | By Invezz

Spotify (NYSE: SPOT), the biggest audio company in the world, published encouraging financial results. The company’s total revenue rose by 11% i...

 Infosys share price fell after weak guidance: buy the dip?

Infosys share price fell after weak guidance: buy the dip?

July 21, 2023 03:08 AM AEST | By Invezz

Infosys (NSE: INFY) share price retreated in the United States and India after the outsourcing giant published weak financial results. Its India-liste...

 Is the Yes Bank share price a buy ahead of quarterly results?

Is the Yes Bank share price a buy ahead of quarterly results?

July 13, 2023 06:00 PM AEST | By Invezz

Yes Bank (NSE: YESBANK) share price has staged a strong recovery in the past few months as investors buy the stock’s dip. The stock jumped to &#...

 India’s May IIP signals sound factory activity and a recovering consumer

India’s May IIP signals sound factory activity and a recovering cons...

July 13, 2023 04:22 PM AEST | By Invezz

India’s IIP (Index of Industrial Production) growth rose to a three-month high of 5.2% YoY in May 2023, following a steady performance in mining...

 Tata Motors share price risk/reward is getting unfavourable

Tata Motors share price risk/reward is getting unfavourable

July 11, 2023 03:41 PM AEST | By Invezz

Tata Motors (NSE: TATAMOTORS) share price surged to a record high as the best-performing Nifty 50 constituent rally continued. The shares surged to an...

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