Archives

VinFast (NASDAQ: VFS) stock price has been in a strong freefall in the past few weeks as the recent rally faded. The shares plunged to a low of $15.93 on Thursday, ~83% below the highest level in August.  Strong growth but concerns remain VinFast share price came into the spotlight in August after the company […] The post VinFast stock analysis: VFS is growing fast but red flags remain appeared first on Invezz.

• September 21, 2023 07:12 PM PDT
• Invezz

Japanese stocks retreated slightly on Friday as investors reflected on the latest Federal Reserve and Bank of Japan (BoJ) interest rate decisions. The closely-watched Nikkei 225 index dropped to ¥32,160, the lowest level since August 29th. It has dropped by more than 3.5% from the highest point this year. The USD/JPY pair continued its rebound. […] The post Nikkei 225 index analysis: Triple top pattern forms appeared first on Invezz.

• September 21, 2023 05:05 PM PDT
• Invezz

Sunrun Inc (NASDAQ: RUN) has been cut in less than half this year but a Guggenheim analyst remains confident that it will make a new high over the next twelve months. Sunrun stock has upside to $36 Joseph Osha maintained his “buy” rating on the solar stock this morning and bumped his price target up […] The post Buy solar stock Sunrun for a 165% return in 12 months: Guggenheim appeared first on Invezz.

• September 21, 2023 12:39 PM PDT
• Invezz

The financial services industry has had several important themes this year. There are fears about the upcoming wall of maturities in the REIT industry, the liquidity crisis in the financial sector, and high-interest rates.  Another key theme has been on private credit, an industry that is seeing robust growth as banks pull back. On Wednesday, […] The post Blue Owl Capital: A good play in the growing private credit appeared first on Invezz.

• September 21, 2023 12:29 PM PDT
• Invezz

Tether, the company behind the USDT stablecoin, has made a strategic investment in Northern Data Group, a German crypto mining firm. While the exact investment amount remains undisclosed, the move is a significant endorsement of emerging technologies, particularly in the realms of artificial intelligence (AI), peer-to-peer (P2P) communications, and data storage solutions. Tether committed to […] The post Tether invests in Northern Data Group, hinting at AI and blockchain synergy appeared first on Invezz.

• September 21, 2023 12:05 PM PDT
• Invezz

The US dollar index (DXY) price rally continued this month as investors reacted to interest rate decisions by several central banks. The index rose to a multi-month high of $105.72, ~6.28% above the lowest level this year. Hawkish Federal Reserve The US dollar index has reacted to several rate decisions and economic numbers. Data published […] The post US dollar index (DXY) golden cross points to more Upside appeared first on Invezz.

• September 21, 2023 11:11 AM PDT
• Invezz

Microsoft has announced that its artificial intelligence powered software Microsoft 365 Copilot will be available for purchase for the largest of its clients starting on November 1, 2023. CNBC reported on the development on Thursday. The tech giant’s announcement follows the company’s offering of Microsoft 365 Copilot for preview to a small group of businesses. […] The post Microsoft to sell Copilot software to largest companies from November 1 appeared first on Invezz.

• September 21, 2023 10:40 AM PDT
• Invezz

Alphabet Inc’s Google (NASDAQ: GOOGL) is reportedly considering replacing Broadcom Inc (NASDAQ: AVGO) as its supplier of AI chips by 2027. Why would Google want to replace Broadcom? An anonymous source told “The Information” today that Google may switch to its own in-house chips following a deadlock with Broadcom over price of the Tensor Processing […] The post Cramer: Google wants to replace Broadcom as AI chips supplier is a ‘patently false’ story appeared first on Invezz.

• September 21, 2023 09:50 AM PDT
• Invezz

Bitcoin is back under $27,000 today after the U.S. Federal Reserve skipped a rate hike but reiterated the higher for longer narrative. Robert Kiyosaki is bullish on Bitcoin Interestingly, though, Robert Kiyosaki – the well-known author of Rich Dad Poor Dad sees recent weakness as an opportunity to gain exposure to the world’s largest cryptocurrency. […] The post Is it worth buying Shiba Memu (SHMU) after Robert Kiyosaki shared bullish view on Bitcoin? appeared first on Invezz.

• September 21, 2023 08:52 AM PDT
• Invezz

Splunk Inc (NASDAQ: SPLK) opened more than 20% up on Thursday after Cisco Systems Inc (NASDAQ: CSCO) said it will buy the cybersecurity firm for about $28 billion. Cisco values Splunk stock at $157 The all-cash deal values each share of the Nasdaq-listed firm at $157. Cisco expects this transaction to be accretive to its […] The post Splunk stock jumps 20% on Cisco deal appeared first on Invezz.

• September 21, 2023 07:40 AM PDT
• Invezz