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Luckin Coffee (LKNCY) stock price diverged with Starbucks after the two coffee chain giants published mixed earnings. Luckin’s shares plunged by more than 8% in the pre-market session while Starbucks jumped by over 7.55%. Luckin Coffee earnings download The coffee industry is still growing even as consumers face numerous challenges because of the elevated interest […]

• November 02, 2023 05:30 AM PDT
• Invezz

Peloton Interactive Inc (NASDAQ: PTON), the connected fitness company known for its high-end exercise equipment, faced a disappointing start to its fiscal year with a wider-than-expected quarterly loss and a lukewarm holiday forecast. The market has responded with an 8% drop in the company’s stock during pre-market trading. Peloton performance falls short of expectations In […]

• November 02, 2023 05:15 AM PDT
• Invezz

Estee Lauder (NYSE: EL) the well-known company in the beauty and fashion industry is in trouble. Its stock plunged to $100 on Wednesday, the lowest point since October 2017. At its peak during the pandemic, the stock was trading at $366. As a result, its total market cap has fizzled to $37 billion from its […]

• November 02, 2023 04:00 AM PDT
• Invezz

Victoria, Seychelles, November 2nd, 2023, Chainwire Formerly known as BitKeep Wallet, Bitget Wallet has now unveiled an upgraded MEV (Maximum Extractable Value) protection feature. By integrating with research and development organization Flashbots, Bitget Wallet aims to address the prevalent issue of MEV attacks across the Ethereum network, offering users a safer and more convenient on-chain […]

• November 02, 2023 03:25 AM PDT
• Invezz

The Danish krona has moved sideways in the past few weeks as investors watch the actions of the country’s central bank. The EUR/DKK and USD/DKK pairs are also reacting to the strong performance of Novo Nordisk, the biggest company in the world. According to TradingView, the USD/DKK pair was trading at 7.02 on Thursday while […]

• November 02, 2023 02:30 AM PDT
• Invezz

The Danish krone has moved sideways in the past few weeks as investors watch the actions of the country’s central bank. The EUR/DKK and USD/DKK pairs are also reacting to the strong performance of Novo Nordisk, the biggest company in the world. According to TradingView, the USD/DKK pair was trading at 7.02 on Thursday while […]

• November 02, 2023 02:30 AM PDT
• Invezz

The electric vehicle (EV) industry is going through a major slowdown as interest rates remain at an elevated level. The most recent Tesla earnings showed that the company’s business was not growing as fast even after the recent price cuts. EV industry is slowing General Motors is slowing its EV manufacturing while Ford has already […]

• November 02, 2023 01:00 AM PDT
• Invezz

Altcoins like SushiSwap (SUSHI) and Amino (AMO) are leading the cryptocurrency rally today, with significant price hikes. Let’s delve into the factors driving their recent price movements and what’s behind the excitement. SushiSwap rises 48.45% SushiSwap (SUSHI) has experienced an impressive 48.45% price surge in the last 24 hours. This surge has ignited discussions in […]

• November 02, 2023 12:44 AM PDT
• Invezz

AUD/CAD chart and technical analysis AUD/CAD has been in a bearish trend for almost a year. However, the market structure has turned bullish after the price made continuous higher highs. The price broke above all major resistance levels and gained almost 4% since last month. This week the price broke above the previous high of […]

• November 01, 2023 11:13 PM PDT
• Invezz

ESG has been a major market theme in the past decade. At its peak, the industry had over $41 trillion in assets and analysts predicted they would hit $45 trillion by 2025. Recently, however, there are signs that the ESG bubble is bursting. On Wednesday, I wrote about companies in the wind energy industry like […]

• November 01, 2023 11:00 PM PDT
• Invezz