Stock market

As the EV bubble pops, beware of these stocks: Nikola, FFIE, MULN

February 06, 2024 09:14 PM AEDT | By Invezz

There are increasing signs that the electric vehicle bubble has popped as stocks of companies, big and small, crash. Taken together, EV investors have...

Disappointing Estée Lauder results reference future layoffs

February 06, 2024 12:32 AM AEDT | By Invezz

The Estée Lauder Companies (including brands like Clinique, Bobbi Brown, The Ordinary, La Mer and Estée Lauder itself), announced its Q2 2024 financia...

FTSE 100 shares to watch: BAE Systems, Vodafone, Rolls-Royce, Royal...

February 05, 2024 06:12 AM AEDT | By Invezz

The FTSE 100 index had another difficult week as the recent rebound faded. The index, which tracks the biggest UK companies, settled at £7,615 on Frid...

U.S. Fed leaves rates unchanged again: here’s what it means for S&P...

February 01, 2024 06:06 AM AEDT | By Invezz

S&P 500 is keeping roughly flat at writing after the U.S. Federal Reserve left its benchmark overnight borrowing rate unchanged at 5.25% to 5.5%....

Here’s why Australia’s ASX 200 index surged to a record high

January 31, 2024 01:02 PM AEDT | By Invezz

Australia stocks are on fire after the encouraging inflation report. The ASX 200 index, which tracks the biggest companies in the country, surged to a...

Luxury in the spotlight as LVMH reports 2023 financial results

January 26, 2024 03:53 AM AEDT | By Invezz

Luxury group LVMH (LVMHF, fully known as LVMH Moet Hennessy Louis Vuitton SE) on January 12th reported its Q4 and full-year 2023 results, after Paris...

What made Processa Pharmaceuticals stock nearly triple on Thursday?

January 26, 2024 03:29 AM AEDT | By Invezz

Processa Pharmaceuticals Inc (NASDAQ: PCSA) says it has completed a safety evaluation of its cancer treatment. Its shares rallied well over 150% on Th...

What’s going on with the Scottish Mortgage (SMT) share price?

January 26, 2024 02:44 AM AEDT | By Invezz

The Scottish Mortgage Trust (LON: SMT) share price has done well in the past few months as technology stocks have bounced back. The stock was trading...

QQQ, IWM, and SPY ETFs brace for a $12 trillion snowball effect

January 19, 2024 07:41 PM AEDT | By Invezz

ETFs that track key American equity indices could benefit from over $12 trillion of cash if the Federal Reserve starts cutting interest rates this yea...

Sanofi has the ‘world’s best immunology pipeline’: CEO Paul Hudson

January 19, 2024 05:36 AM AEDT | By Invezz

Sanofi SA (EPA: SAN) has “perhaps the world’s best immunology pipeline”, says Paul Hudson – chief executive of the healthcare giant. Sanofi stock has...

Here’s why Futu, AMD, and LiveRamp stocks are rising

January 19, 2024 01:43 AM AEDT | By Invezz

American equities were in the red in the pre-market session as investors focused on the ongoing earnings season and the next actions by the Federal Re...

Unicredit share price stalls as a worrying pattern has formed

January 16, 2024 05:02 PM AEDT | By Invezz

Unicredit (UCG) share price has been firing on all cylinders in the past few months. The stock surged by more than 85% in the past 12 months, beating...

Here’s why the KOSPI Composite index is plunging in 2024

January 16, 2024 01:02 PM AEDT | By Invezz

South Korean stocks have had a difficult start to the year amid heightened geopolitical risks, weak economic data, and the potential for higher-for-lo...

The case for buying the IBIT, BTCW, BRRR, GBTC ETFs dip dip

January 15, 2024 07:00 PM AEDT | By Invezz

The iShares Bitcoin Trust (IBIT), Grayscale Bitcoin Trust (GBTC), and Valkyrie Bitcoin Fund Trust (BRRR) ETFs plunged hard on Friday as Bitcoin suffer...

Can NVIDIA stock hit the $600 valuation in the ongoing winning strea...

January 12, 2024 05:38 AM AEDT | By Invezz

Nvidia Corp. (NASDAQ:NVDA) hit a record of above $550 on Thursday, extending its winning streak in 2024. Notwithstanding, the gains in the past 12 mon...

Are Cardano, Avalanche, Tron, XRP, and Solana spot ETFs coming?

January 11, 2024 07:02 PM AEDT | By Invezz

The Securities and Exchange Commission (SEC) finally approved eleven spot Bitcoin ETFs after months of consultations. This decision was in line with w...

OpenAI just debuted two new offerings

January 11, 2024 05:00 AM AEDT | By Invezz

OpenAI – the Microsoft-backed artificial intelligence company is in focus this morning after it rolled out two new offerings; the GPT Store and ChatGP...

Aston Martin share price analysis: will the tide turn in 2024?

January 10, 2024 03:45 AM AEDT | By Invezz

Aston Martin Lagonda (LON: AML) share price attempts to bounce back in 2023 faded as concerns about its balance sheet continued. The stock initially j...

Elon Musk’s ‘X’ will launch peer-to-peer payments in 2024

January 10, 2024 02:26 AM AEDT | By Invezz

“X” – the social network formerly known as Twitter plans on introducing peer-to-peer payments in 2024. Details of the new service remain unknown Launc...

Unity Software to lay off 25% of its workforce

January 09, 2024 10:45 AM AEDT | By Invezz

Unity Software Inc (NYSE: U) is up 5.0% in extended hours on Monday after announcing plans of lowering its global headcount. How many employees will b...