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S&P 500 is wobbling today after Fitch Ratings said consumer spending will slow down in the coming months. Consumption will be down 3.0% in Q2 of 2024 The credit rating agency forecasts a 10 basis points decline in consumption as student loan payments resume in October. It also expects the lagged effect of rate hikes […] The post Buy Fox Factory stock as Fitch warns of a slow down in consumer spending appeared first on Invezz.

• September 27, 2023 12:51 PM PDT
• Invezz

Meta Platforms Inc (NASDAQ: META) just announced the Quest 3 – its new virtual reality headset that will go up against the Apple Vision Pro. Here’s what we know about the Quest 3 Quest 3 will start at $499 or more than double the price of its predecessor that’s by far the best-selling virtual reality […] The post Meta just announced Quest 3 VR headset: ‘the stock goes higher from here’ appeared first on Invezz.

• September 27, 2023 11:02 AM PDT
• Invezz

PayPal (NASDAQ: PYPL) stock price has been dead money for a while. After peaking at $311 in 2021, the shares have plunged by over 81% to the current $57. This crash has brought its market cap from over $300 billion to $64 billion.  Gross margins and competition PayPal share price has been in a strong […] The post PayPal stock price is at a crossroads: buy the dip or sell the rip? appeared first on Invezz.

• September 27, 2023 10:58 AM PDT
• Invezz

London, United Kingdom, September 27th, 2023, Chainwire In the ever-evolving world of cryptocurrency and online gambling, CryptoCasinos.Casino emerges as a game-changer, providing a comprehensive platform for crypto casino enthusiasts to make informed decisions. The team is thrilled to announce the launch of CryptoCasinos.Casino, a website dedicated to reviewing and comparing the best crypto casinos in […] The post Veteran iGaming Team Launch Crypto Casino Portal appeared first on Invezz.

• September 27, 2023 10:42 AM PDT
• Invezz

The Brookfield Renewable Corporation (NYSE: BEPC) stock price has been in a freefall after peaking at $57.53 in 2021. It has dropped by more than 55% and is now nearing the lowest level on record. This price action is similar to that of NextEra Energy Partners (NYSE: NEP), which has plunged to $38.22, the lowest […] The post Plot thickens for BEPC and NEP stock prices as clean energy woes mount appeared first on Invezz.

• September 27, 2023 09:56 AM PDT
• Invezz

Cannabis stocks are in focus after the Secure and Fair Enforcement Regulation Banking Act moved forward in the upper chamber of Congress on Wednesday. What the renegotiated SAFER means for cannabis companies The bill will enable financial institutions including banks to serve the state-legal marijuana companies without the risk of a federal crackdown. Simply put, […] The post A key Marijuana financing bill moves forward in the U.S. Senate appeared first on Invezz.

• September 27, 2023 09:14 AM PDT
• Invezz

Snap Inc (NYSE: SNAP) has decided to pull out of a business that it launched only in March. Its shares are still up 2.0% at writing. Snap is pulling the plug on ARES The social media company had introduced augmented reality for enterprise services (ARES) this year that particularly targeted retailers. But Snap has not […] The post Snap is closing an AR unit: ‘they just can’t make money’ appeared first on Invezz.

• September 27, 2023 08:18 AM PDT
• Invezz

The world is in a climate crisis, and each year that passes, it gets worse – waters are warmer, and temperatures rise every year. Governments are searching for solutions and have ambitious plans to reduce greenhouse gas emissions. But the road ahead is difficult as most governments are elected, so they compromise their goals. In […] The post Should you buy uranium miners as pro-nuclear sentiment improves? appeared first on Invezz.

• September 27, 2023 08:08 AM PDT
• Invezz

Pendragon PLC (LON: PDG) is up more than 10% this morning after it received an unsolicited cash proposal from AutoNation Inc (NYSE: AN). Pendragon inked a deal with Lithia Motors last week The 32 pence a share proposal from AutoNation values Pendragon at about £447 million ($544 million). Note that the automotive retailer has already […] The post Pendragon shares jump 12% on an unsolicited proposal from AutoNation appeared first on Invezz.

• September 27, 2023 07:28 AM PDT
• Invezz