Archives

Burberry’s (LON: BRBY) share price is in a steep freefall as concerns about the luxury market continue. The stock crashed to a low of 1,135p on Tuesday, its lowest point since 2020. It has retreated by over 56% from its highest level in 2023, giving it a market cap of over £4.7 billion. China concerns […]

• April 16, 2024 09:05 PM PDT
• Invezz

The SoundHound AI (NASDAQ: SOUN) stock price has been in a freefall since March as the artificial intelligence (AI) fatigue continues. It has crashed from the year-to-date high of $10.23 in March to about $4.0. AI fatigue is going on The ongoing stock crash has coincided with the retreat in other AI companies like AMD, […]

• April 16, 2024 07:05 PM PDT
• Invezz

The Advanced Micro Devices (NASDAQ: AMD) stock price has been in a strong freefall since March, erasing over $80 billion in value. It has crashed from a high of $227 to $162 and is hovering at its lowest point since February 21st. Artificial Intelligence fatigue AMD’s stock crash has coincided with a major sell-off among […]

• April 16, 2024 06:07 PM PDT
• Invezz

United Airlines Holdings Inc (NASDAQ: UAL) is trending up in extended hours on Tuesday after reporting better-than-expected financial results for its first quarter as the “demand environment remained strong”. United Airlines stock pops on upbeat guidance Shares of the air carrier are in the green in after-hours also because its management issued upbeat guidance for […]

• April 16, 2024 01:16 PM PDT
• Invezz

Andreessen Horowitz (a16z), a Silicon Valley-based venture capital firm co-founded by Marc Andreessen and Ben Horowitz, has closed a mega $7.2 billion in new funds. The VC giant, which is one of the largest backers of crypto projects, beat its targeted $6.9 billion. Axios highlighted the milestone in a report, noting that this reflects a16z’s […]

• April 16, 2024 10:33 AM PDT
• Invezz

HUNTINGTON BEACH, Calif., April 16, 2024 (SEND2PRESS NEWSWIRE) -- Introducing the new Cellular 2 Device, the latest addition to Soberlink's line of remote alcohol monitoring solutions. Designed with u...

• April 16, 2024 10:30 AM PDT
• Send2Press

Peraso Inc (NASDAQ: PRSO) is up close to 40% on Tuesday after announcing a new deal with Panasonic System Networks. Here’s what it means for Peraso stock Panasonic has agreed to use the X710 chipset of $PRSO in its 60GHz WLAN solution, as per a press release this morning. The company based out of Tokyo, […]

• April 16, 2024 10:14 AM PDT
• Invezz

Homium, a pioneering real estate equity mortgage lender and securitization platform, has introduced tokenized mortgage loans leveraging the power of Avalanche blockchain technology. The launch of the tokenized mortgage loans comes right on the heels of Homium’s Series A funding round that raised $10 million, with Sorenson Impact Group and Blizzard leading the round. The […]

• April 16, 2024 09:26 AM PDT
• Invezz

LVMH (EPA: MC) – the company behind luxury fashion brand Louis Vuitton is in the red at writing after reporting its revenue for the first quarter. LVMH did well in all major markets The multinational reported €20.7 billion ($22 billion) in revenue as organic revenue popped 3.0% on a year-over-year basis in Q1. LVMH said […]

• April 16, 2024 09:15 AM PDT
• Invezz

In today’s World Economic Outlook, the International Monetary Fund (IMF) revised its 2024 economic growth predictions for Latin America and the Caribbean to 2% from its previous estimate of 1.9%. Regardless of this upgrade, the IMF expects a slowdown of these countries’ economies. Overall GDP slowdown The 2% increase in GDP growth anticipation for 2024 […]

• April 16, 2024 08:45 AM PDT
• Invezz