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Jabil Inc (NYSE: JBL) is down 12% on Friday after reporting slightly lower-than-expected revenue for its second financial quarter. Jabil stock down on muted guidance Investors are concerned also because the manufacturing company issued downbeat guidance for the future. $JBL now forecasts its revenue to fall between $6.2 billion and $6.8 billion. Analysts, in comparison, […]

• March 15, 2024 05:50 AM PDT
• Invezz

On Saturday February 9th, a man was found dead in his vehicle at the Holiday Inn where he’d been staying. The cause of death? A gunshot wound to the head which appeared to be self-inflicted – but, crucially, has not been ruled as a suicide. That man was John Barnett, a former quality assurance engineer […]

• March 15, 2024 05:49 AM PDT
• Invezz

Crocs, the renowned footwear company, has recently got considerable attention as one of the most searched stocks on Zacks. The surge in interest is primarily due to its impressive performance over the past month, showcasing a 19.3% return compared to the S&P 500’s 4.4% and the Textile – Apparel industry’s 2.9% gain. Crocs’ journey in […]

• March 15, 2024 05:45 AM PDT
• Invezz

Bitcoin Cash is taking a breather after its price jump in January. Litecoin, on the other hand, is showing remarkable resilience. Meanwhile, everyone’s talking about the ongoing Rebel Satoshi cryptocurrency ICO, with some specialists even forecasting a possible 100-fold increase in value for the $RECQ token. Let’s look closer at how BCH and LTC have […]

• March 15, 2024 05:00 AM PDT
• Invezz

Fisker (NYSE: FSR) stock price was one of the best performers in the pre-market session. It jumped by more than 37% on Friday, erasing some of the 51% losses it made on Thursday. The main reason for the surge is that the company refuted claims that it was preparing to go bankrupt. In a written […]

• March 15, 2024 04:57 AM PDT
• Invezz

EUR/AUD chart and technical analysis The price of EUR/AUD is gaining bullish momentum after it dropped to the 1.64654 support level for correction. The price broke above the 1.65500 resistance area Yesterday which now will act as strong support and will push the price up. This price will probably retrace back to the 1.65500 level […]

• March 15, 2024 04:56 AM PDT
• Invezz

Leading digital advertising and financial technology company, Cardlytics (NASDAQ:CDLX), reported its fourth-quarter results after market closing yesterday. Although the company missed analysts’ EPS and revenue expectations by $0.03 and $0.35 million, respectively, its stock jumped over 37% post-market buoyed by optimistic guidance for Q1 2024. From bullish peaks to bearish struggles Following a remarkable bull […]

• March 15, 2024 04:42 AM PDT
• Invezz

Block (NASDAQ: SQ) stock price has erased all the losses it made after the Hindenburg Research short report in 2023. It jumped to a high of $87.52 on Wednesday, 125% above its lowest level in 2023. This price is a few points above $76, where it was trading before the Hindenburg report. Turnaround strategy continues […]

• March 15, 2024 04:34 AM PDT
• Invezz

US Senators have requested the Securities and Exchange Commission (SEC) chair Gary Gensler to stop further approvals of crypto ETFs. In a letter dated March 11, the senators warned of significant risks to retail investors associated with crypto ETFs. The letter reads in part: We write to urge the Securities and Exchange Commission (SEC) to […]

• March 15, 2024 04:19 AM PDT
• Invezz

Anheuser-Busch InBev (BUD) saw its American Depositary Receipts (ADRs) fall by over 5% on Thursday. The downturn followed the announcement from Altria (MO) that it would reduce its 10% stake in the world’s largest brewer through a secondary offering at a discounted price, triggering market reactions and investor speculation. Altria to offload 35 million shares […]

• March 15, 2024 04:11 AM PDT
• Invezz