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On March 26th, big oil company TotalEnergies announced their Q1 2024 financial results. The earnings were largely positive for Total, which had plenty to celebrate this week. Net income sees turnaround The company reported $5.7 billion in net income and $5.1 billion adjusted net income. Total net income was 13% higher than the previous quarter […]

• April 25, 2024 11:21 PM PDT
• Invezz

PayPal (NASDAQ: PYPL) stock price is at a crossroads ahead of the upcoming financial results. It has risen slightly by about 4.3% this year and dropped by over 10.7% in the past 12 months. Worse, the stock has crashed by over 41% in the past five years. In contrast, the S&P 500 index has risen […]

• April 25, 2024 09:05 PM PDT
• Invezz

Transocean (NYSE: RIG) stock price has faced major headwinds in the past few months even as energy prices have remained at an elevated level. It has remained in a deep bear market as it collapsed by over 35% from its highest point this year. It is also much lower than its all-time high of $130, […]

• April 25, 2024 07:02 PM PDT
• Invezz

Northrop Grumman (NYSE: NOC) stock price staged a strong recovery this week after Joe Biden signed into law the $96 billion aid package for Israel, Ukraine, and Taiwan. It also rebounded after the firm announced earnings that were moderately better than expected. It rallied to $488, its highest level since October last year. Northrop Grumman […]

• April 25, 2024 06:02 PM PDT
• Invezz

Alphabet Inc (NASDAQ: GOOGL) says it performed better than Street expectations in its first financial quarter. Shares of the tech titan are in the green in after-hours. Google stock rallies on solid ad revenue Investors are rewarding the multinational partially on solid growth in ad revenue.   Google generated $61.65 billion in revenue from advertising […]

• April 25, 2024 01:27 PM PDT
• Invezz

Consensys, a blockchain software technology company backing the Ethereum blockchain, has sued the US Securities and Exchange Commission (SEC). Consensys sues the SEC The lawsuit, filed in the District Court for the Northern District of Texas, concerns Consensys’ complaint against the SEC’s impending enforcement action against the company. Also key to the lawsuit is Consensys’ […]

• April 25, 2024 01:19 PM PDT
• Invezz

Microsoft Corp (NASDAQ: MSFT) is trading up in extended hours on Thursday after reporting market-beating financial results for its third quarter. Microsoft stock up on strong cloud performance Investors are content particularly because Azure and other cloud services remained strong in Q3 on the back of continued AI demand. Microsoft saw its cloud-computing platform grow […]

• April 25, 2024 01:07 PM PDT
• Invezz

• April 25, 2024 01:05 PM PDT
• Invezz

Stripe, a leading global technology company, has announced its re-entry into the crypto payments market. On Thursday, the fintech giant revealed plans that will see merchants on the platform begin to accept crypto for online payments. As a start, Stripe will support payments in the USDC stablecoin. This will mark the first time that Stripe […]

• April 25, 2024 12:28 PM PDT
• Invezz

AMC Entertainment (NYSE: AMC) stock price continued its strong sell-off this month as concerns about the company remained. This month, it has dropped by over 23%, bringing the year-to-date losses to almost 50%. That makes it one of the worst-performing companies in Wall Street. Slow growth and high debt load AMC Entertainment is facing major […]

• April 25, 2024 11:52 AM PDT
• Invezz