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U.K. CMA says Adobe-Figma deal could hurt competition
Latest

U.K. CMA says Adobe-Figma deal could hurt competition

Adobe Inc (NASDAQ: ADBE) is in focus today after the Competition & Markets Authority of the United Kingdom said letting it buy Figma could hurt competition. CMA reveals its provisional findings on Adobe-Figma deal The antitrust watchdog is concerned that the $20 billion agreement could “remove Figma as a threat to Photoshop and Illustrator products”. […]

  • November 28, 2023 08:43 AM PST
  • Invezz
PDD stock price forecast as Temu growth gains steam
Market Analysis

PDD stock price forecast as Temu growth gains steam

PDD (NASDAQ: PDD) stock price continued its strong bullish trend this week after the company published strong financial results. The stock surged to a high of $138.40, the highest point since June 1st. It has risen by more than 490% from the lowest level this year. Temu is thriving Pinduoduo is one of the biggest […]

  • November 28, 2023 08:30 AM PST
  • Invezz
Anson Funds has reportedly built a stake in Twilio
Latest

Anson Funds has reportedly built a stake in Twilio

Twilio Inc (NYSE: TWLO) is in the green this morning after an activist investor was reported to have taken a stake in the provider of cloud communication platforms. Anson Funds wants Twilio to find a buyer Anson Funds wants the technology company to consider selling the entire business, as per “The Information”. The alternative asset […]

  • November 28, 2023 07:51 AM PST
  • Invezz
NZD/USD forecast: signal ahead of the RBNZ rate decision
Forex

NZD/USD forecast: signal ahead of the RBNZ rate decision

The NZD/USD exchange rate continued rising ahead of the closely watched Reserve Bank of New Zealand (RBNZ) interest rate decision. The pair rose to a high of 0.6102, its highest point since August 10th. It has soared by over 5.8% from its lowest point in November. RBNZ interest rate decision ahead The biggest NZD news […]

  • November 28, 2023 07:45 AM PST
  • Invezz
Biodexa (BDRX) gained 91% in a single day: should you buy?
World News

Biodexa (BDRX) gained 91% in a single day: should you buy?

Biodexa Pharmaceuticals Plc (NASDAQ: BDRX) is trending after favourable stock market news. The stock gained 91% in a single day and is up more than 107% in the last five days. The rally follows news that Biodexa acquired an exclusive worldwide licence to commercialise Tolimidone. Biodexa is focused on the development and commercialisation of the […]

  • November 28, 2023 07:16 AM PST
  • Invezz
Short seller accuses SenseTime of artificially inflating revenue
Latest

Short seller accuses SenseTime of artificially inflating revenue

SenseTime Group Inc (HKG: 0020) became a target of a prominent short seller on Tuesday. Its shares are down over 5.0% at writing. Grizzly Research takes aim at SenseTime SenseTime reported about $200 million in revenue for the first half of this year in August – which may have been artificially inflated, as per a […]

  • November 28, 2023 07:03 AM PST
  • Invezz
LooksRare (LOOKS) displays resilience as altcoin market braces for a retreat
Latest

LooksRare (LOOKS) displays resilience as altcoin market braces for a retreat

LooksRare’s LOOKS price has attracted investor attention with its current outlook. The altcoin gained nearly 12% within the past ten hours. Moreover, the crypto shows signals of extending its upsurges even as the altcoin market braces for bearishness. LooksRare defies broad market sentiment The altcoin rally has cooled, and most alts saw notable declines in […]

  • November 28, 2023 06:29 AM PST
  • Invezz
Top 5 picks to diversify your crypto portfolio in December 2023
Latest

Top 5 picks to diversify your crypto portfolio in December 2023

The cryptocurrency market is currently rallying, with various coins, including Ethereum (ETH), Cardano (ADA), Dogecoin (DOGE), Avalanche (AVAX), and the emerging ScapesMania, showing growth. These cryptocurrencies bring unique features and the potential to generate lucrative returns. As the cryptocurrency sector evolves rapidly, there are numerous investment opportunities out there. To help you navigate this dynamic […]

  • November 28, 2023 05:35 AM PST
  • Invezz