Stock market

NextPlat Corp shares are soaring today, here’s why

April 13, 2024 02:29 AM AEST | By Invezz

NextPlat Corp. (NASDAQ: NXPL) shares surged nearly 30% on Friday after the announcement of a definitive business combination agreement with its majori...

Here’s why the EVGo, Blink, and ChargePoint stocks are crashing

April 13, 2024 02:28 AM AEST | By Invezz

EV charging stocks are not doing well this year. EVGo stock price has crashed by over 42% in 2024 while ChargePoint is down by 29.4%. Blink Charging,...

Should you buy CarMax stock on the post-earnings dip?

April 11, 2024 10:46 PM AEST | By Invezz

CarMax Inc down close to 10% after reporting its earnings for the fourth quarter may be an opportunity to buy, says a Wedbush Securities analyst. $KMX...

Constellation Brands tops Street estimates for Q4

April 11, 2024 09:42 PM AEST | By Invezz

Constellation Brands Inc (NYSE: STZ) is trading up in premarket on Thursday after coming in ahead of Street estimates for its fiscal fourth quarter. C...

U.S. CPI data: S&P 500 may not hold the 5,000 level

April 10, 2024 10:37 PM AEST | By Invezz

S&P 500 may open in the red today after the U.S. Bureau of Labour Statistics said inflation was up more than expected in March. Analyst shares out...

SoundHound stock is down 10% on Wednesday: here’s why

April 10, 2024 09:40 PM AEST | By Invezz

Shares of SoundHound AI Inc (NASDAQ: SOUN) are down 10% this morning after the speech recognition company announced an “Equity Distribution Agreement”...

Delta Air Lines beats earnings expectations in Q1

April 10, 2024 08:40 PM AEST | By Invezz

Delta Air Lines Inc (NYSE: DAL) is trading up in premarket on Wednesday after reporting market-beating earnings for its first quarter. Delta Air Lines...

WD-40 comes in shy of revenue estimates in Q2

April 10, 2024 06:26 AM AEST | By Invezz

WD-40 Co (NASDAQ: WDFC) is trending down in extended hours after reporting lower than expected revenue for its fiscal second quarter. WD-40’s gu...

Tilray no longer expects positive free cash flow in 2024 after Q3 ea...

April 09, 2024 09:15 PM AEST | By Invezz

Tilray Brands Inc (NASDAQ: TLRY) is trading down in premarket on Tuesday after reporting lower than expected revenue for its fiscal third quarter. Til...

Saporu sees ‘strong value’ in Conagra Brands after Q3 earnings

April 04, 2024 10:44 PM AEDT | By Invezz

Conagra Brands Inc (NYSE: CAG) is trading up in premarket on Thursday after reporting better than expected earnings for its fiscal third quarter. Shou...

Shorts prevail as the Medical Properties Trust (MPW) stock sinks

April 04, 2024 01:33 AM AEDT | By Invezz

Medical Properties Trust (NYSE: MPW) stock price is still struggling this year, helping short sellers who believe that it has more downside to go. It...

TLT ETF outlook as Larry Fink, Jamie Dimon warn about US debt

April 03, 2024 01:02 PM AEDT | By Invezz

The iShares 20+ Year Treasury Bond (TLT) ETF has retreated this year as concerns about the American fiscal status. The stock crashed to a low of $92 o...

Schlumberger to spend $7.7 billion on buying ChampionX

April 02, 2024 11:33 PM AEDT | By Invezz

ChampionX Corp (NASDAQ: CHX) is in focus today after Schlumberger NV (NYSE: SLB) said it will buy the oilfield technology company for $7.75 billion. $...

Ajax CEO suspended, faces dismissal over suspected insider trading

April 02, 2024 11:15 PM AEDT | By Invezz

Ajax, the Amsterdam-based football club, faced another blow to its turbulent season as it suspended CEO Alex Kroes on Tuesday, with intentions to term...

Year of layoffs: McKinsey offers 9 months’ pay, career coaching serv...

April 01, 2024 11:09 PM AEDT | By Invezz

McKinsey, the management consulting firm, has now decided to provide career coaching services and nine months’ pay to employees leaving the firm...

Ecolab stock: dividend aristocrat gets overbought at a record high

March 30, 2024 10:06 PM AEDT | By Invezz

Ecolab (NYSE: ECL) stock price has had a great start to the year as it outperformed the Nasdaq 100 and S&P 500 index. It has surged by over 16% in...

These shares ruled the FTSE 100 index in Q1: RR, BEZ, SMDS

March 28, 2024 10:10 PM AEDT | By Invezz

The FTSE 100 index was left in the dust by its European peers in the first quarter of the year. Most European indices like the German DAX and Italy’s...

These DAX index stocks surged in the first quarter

March 28, 2024 03:02 PM AEDT | By Invezz

The DAX index had a great performance in the first quarter of the year as global stocks roared back. It soared by more than 26% this year, reaching a...

Canopy Growth: CGC stock in focus as cannabis decriminalization talk...

March 25, 2024 11:06 PM AEDT | By Invezz

Canopy Growth Corporation (CGC) stock closed at $7.69 and is up $1.15 during pre-market trading. Pre-market trading tends to be more volatile due to s...

Larry Elison’s net worth grows by $19B as Oracle stock surges

March 22, 2024 02:22 AM AEDT | By Invezz

Oracle (NYSE: ORCL) stock price continued soaring this week, lifting Larry Elison’s net worth by $19 billion. It has jumped by more than 25% this year...