News

U.S. inflation impact: Where have prices hit the hardest?

January 01, 1970 10:00 AM AEST| By Invezz

Inflation, or the gradual increase in consumer prices, has been a major source of concern in the United States in recent years. Despite a recent cooldown, the overall trend indicates that prices have risen significantly since the pandemic began. The...

Epic Games strikes back at Apple by launching free AltStore PAL in EU

January 01, 1970 10:00 AM AEST| By Invezz

Epic Games has intensified its rivalry with Apple by offering the alternative app store, AltStore PAL, for free in the EU. Will the move help gamers in Europe?

Steel rebar futures hold steady at around CNY 2,880/tonne amid China’s economic challenges

January 01, 1970 10:00 AM AEST| By Invezz

Steel rebar futures have shown resilience despite facing significant challenges within China’s turbulent economic landscape. After a sharp selloff pushed prices to an almost eight-year low of CNY 2,790 per tonne on August 15th, rebar futu...

Cingulate stock surges 115% after European patent approval for ADHD treatment: Is it a buy?

January 01, 1970 10:00 AM AEST| By Invezz

Cingulate Inc (NASDAQ: CING), a biopharmaceutical company that focuses primarily on innovative treatments for Attention Deficit Hyperactivity Disorder (ADHD) is having an extraordinary day. Shares of the $10 million company based out of Kansas opened...

Bitbot may be worth buying ahead of US Presidential election: Here’s why

January 01, 1970 10:00 AM AEST| By Invezz

Jaret Seiberg, an analyst at TD Cowen, suggests that Kamala Harris as President of the United States would likely be less hostile toward the crypto market than Joe Biden. On the other hand, Donald Trump has also made several pro-cryptocurrency remark...

Pakistan tightens airport screening as mpox cases rise, fourth case confirmed

January 01, 1970 10:00 AM AEST| By Invezz

Pakistan is ramping up its efforts to contain the spread of mpox, formerly known as monkeypox, as the country confirms its fourth case. The latest patient, a 47-year-old man who recently returned from Jeddah, Saudi Arabia, is being treated in i...

Which housing stock—Builders FirstSource or Cavco—is a better buy before Fed rate cut?

January 01, 1970 10:00 AM AEST| By Invezz

Investors are gearing up for significant opportunities in the housing sector with expectations that the US Federal Reserve will announce its first rate cut in September. Jay McCanless, an analyst at Wedbush, advises increasing exposure to housing sto...

Rivian just announced a partnership with Tesla Inc

June 21, 2023 05:42 AM AEST| By Invezz

Shares of Rivian Automotive Inc (NASDAQ: RIVN) are keeping resilient even though the EV maker lost its spot on the Nasdaq 100 on Tuesday. Why are Rivian shares up on Tuesday? Investors are still happy because Rivian announced a new partnership with T...

DraftKings announces a superior bid for PointsBet’s U.S. assets

June 18, 2023 04:47 AM AEST| By Invezz

Shares of DraftKings Inc (NASDAQ: DKNG) ended slightly down on Friday after the sports betting company proposed to buy the U.S. assets of PBH Holdings. PointsBet already has a deal with Fanatics The Boston-headquartered firm is willing to pay $195 mi...

Micron may soon announce a billion-dollar investment in India

June 17, 2023 02:04 AM AEST| By Invezz

Micron Technology Inc (NASDAQ: MU) is in focus this morning after a report said it was close to making a billion-dollar investment in India. Here’s what we know so far Anonymous sources told Bloomberg today that the Boise-headquartered firm cou...