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Lifestyle
Carnival stock could surge 35% after Royal Caribbean earnings
January 29, 2025 08:15 PM AEDT| By InvezzCarnival stock price went vertical this week, reaching its highest level since June 2021, as signs showed that the cruise industry was still thriving. It jumped to $27.86 on Tuesday in New York, up by over 352% from its lowest level in 2022, making i...
Why did GM shares plunge 10% despite strong Q4 results?
January 29, 2025 06:44 AM AEDT| By InvezzGeneral Motors (GM) ended 2024 on a high note, reporting fourth-quarter revenue of $47.7 billion and an operating profit of $2.5 billion, surpassing Wall Street expectations, however, GM’s stock fell by more than 10% as tariff fears overshadowe...
Japan welcomes record 36.8M tourists in 2024, returning to pre-COVID boom
January 15, 2025 10:09 PM AEDT| By InvezzJapan shattered its previous tourism records in 2024, drawing over 36.8 million international visitors. This marked a significant leap from the pre-pandemic peak of 32 million in 2019. While the weak yen played a crucial role in making Japan an affor...
Volkswagen’s global deliveries fall by 2.3%, weighed down by China volumes
January 14, 2025 10:29 PM AEDT| By InvezzVolkswagen Group, the world’s largest carmaker by sales volume, recorded a 2.3% drop in deliveries for 2024, falling to just over nine million vehicles. The decline reflects significant challenges in China, one of its biggest markets, where a fierce...
Mercedes-Benz car sales decline in 2024 amidst challenging market conditions
January 11, 2025 12:42 AM AEDT| By InvezzMercedes-Benz experienced a decline in core car sales throughout 2024, reflecting a challenging year for the auto industry, marked by weakening demand in a fragile global economy, particularly in key market China, the German luxury automaker reported...
Invest in this robotaxi stock for 40% returns in 2025
December 31, 2024 03:50 AM AEDT| By InvezzGoldman Sachs analyst Allen Chang expects Pony AI Inc (NASDAQ: PONY) – an autonomous vehicles startup based out of Guangzhou, China to do exceptionally well in 2025. He assumed coverage of the robotaxi stock today with a “buy” rating and $19.60 price...
What the Jeju Air crash could mean for Boeing stock in 2025
December 31, 2024 12:33 AM AEDT| By InvezzBoeing is in red today after South Korea ordered a “comprehensive special inspection” of all B737-800s – the aircraft involved in the Jeju Air crash that killed 175 passengers over the weekend. The deadly incident has once again raised significant co...
Affordable Chinese cars disrupt BMW and Mercedes sales in Mexico
December 27, 2024 11:01 PM AEDT| By InvezzThe Mexican automotive market is undergoing a significant transformation as Chinese car manufacturers gain a foothold, disrupting the dominance of long-standing luxury brands like Mercedes-Benz and BMW, as per an AFP report. Traditionally, Mexico’s h...
These two cheap stocks are worth owning heading into 2025
December 27, 2024 03:38 AM AEDT| By Invezz2024 proved exceptionally kind to US stocks – but a number of them are still trading at a significant discount at writing, according to experts at Trivariate Research. And they are particularly bullish on two of them: First Solar Inc and Expedia Grou...
Carnival stock price could go parabolic as golden cross nears
December 23, 2024 04:35 PM AEDT| By InvezzCruise stocks had a strong performance in 2024 as demand continued soaring in key markets. Carnival stock has risen in the last four consecutive months, and is hovering at its highest level since June 2021. Its US stock was trading at $26.80, while i...
Uber stock forms a risky pattern as fresh concerns rise
December 13, 2024 07:56 PM AEDT| By InvezzUber stock price has suffered a harsh reversal in the past few weeks, erasing billions of dollars in value. It has retreated by about 30% from the year-to-date high of $86.85, moving to its lowest level since August 6. This retreat has brought its ma...
Uber responds to Waymo, launches robotaxi rides in Abu Dhabi
December 07, 2024 03:46 AM AEDT| By InvezzUber Technologies Inc (NYSE: UBER) is in focus this morning after teaming up with WeRide to launch robotaxis in Abu Dhabi. WeRide is a self-driving startup that already holds permits for its autonomous cars in several countries, including Singapore,...
Waymo expands to Miami: should Uber be scared?
December 06, 2024 06:16 AM AEDT| By InvezzWaymo says it plans on expanding its autonomous ride-hailing service to Miami. Shares of Uber Technologies Inc (NYSE: UBER) as well as peer Lyft Inc (NASDAQ: LYFT) are deep in red following the announcement on Thursday. Waymo is the self-driving tech...
United Airlines CEO calls UAL ‘attractive’ despite 140% 2024 stock surge
December 04, 2024 03:54 AM AEDT| By InvezzShares of United Airlines Holdings Inc (NASDAQ: UAL) have well over doubled this year but Scott Kirby – the company’s chief executive says the “valuation still seems pretty attractive”. The airline stock is going for eight times its estimated earning...
Stellantis shares plunge as CEO resigns: here’s what analysts have to say
December 03, 2024 01:40 AM AEDT| By InvezzStellantis shares fell 8% on Monday following the unexpected resignation of CEO Carlos Tavares. Tavares, who had served as Stellantis’ CEO since its creation in 2021, stepped down immediately, citing differences with the board over the company’s stra...
Why Trump’s tariffs may hit UK businesses harder than European firms
November 28, 2024 08:09 PM AEDT| By InvezzDonald Trump’s pledge to impose tariffs of up to 20% on global imports, with even higher rates for China and Mexico, could have significant implications for British exporters. With the United States serving as a primary market for UK goods like Land...
Why Cargojet says short sellers misunderstand its business
November 28, 2024 01:27 AM AEDT| By InvezzHigh Ground Investment Management raised two big red flags and revealed a short position in Cargojet Inc (TSE: CJT) at the Sohn Conference last week. The hedge fund is betting against Canada’s largest cargo airline due to its aging fleet and accounti...
Stellantis to close Luton van factory in UK owing to country’s strict EV mandate
November 27, 2024 03:15 AM AEDT| By InvezzStellantis NV, owner of the Vauxhall brand, has announced plans to close its van manufacturing plant in Luton, England. The move comes as the automaker faces mounting pressure from the UK’s stringent zero-emission vehicle (ZEV) sales mandate. The Lut...
Joby and Archer Aviation shares soar after new Buy ratings but patience key for those stocking up
November 20, 2024 06:23 PM AEDT| By InvezzOn Tuesday, Joby Aviation and Archer Aviation, two developers of electric vertical takeoff and landing (eVTOL) aircraft, saw their stocks surge after Needham & Co. launched coverage with optimistic Buy ratings. Analyst Chris Pierce highlighted th...
SPCE stock analysis: is it safe to buy the Virgin Galactic dip?
November 11, 2024 07:32 PM AEDT| By InvezzVirgin Galactic stock price has collapsed by over 87% this year, a trend that could keep getting worse in the coming months. SPCE shares have plunged by over 90% from its all-time high, erasing billions of dollars in value. It was trading at $6.22, g...
