Archives

• April 26, 2024 09:24 AM PDT
• Invezz

Xpeng Inc (NYSE: XPEV) is up 10% on Friday after announcing plans of launching a new sub-brand.  Xpeng’s Mona will launch in the coming months The electric vehicles company is calling the new brand “Mona” which is expected to go live over the next two to three months. Xpeng will roll out new, lower-priced vehicles […]

• April 26, 2024 08:52 AM PDT
• Invezz

• April 26, 2024 08:35 AM PDT
• Invezz

Intel Corp (NASDAQ: INTC) is down well over 35% versus its year-to-date high but a Goldman Sachs analyst still doesn’t see it as a bargain.  Intel stock has limited upside from here Toshiya Hari reiterated his “sell” rating on the chipmaker this morning as “AI prioritisation continued to weigh on traditional server demand”.  He lowered […]

• April 26, 2024 08:07 AM PDT
• Invezz

• April 26, 2024 08:02 AM PDT
• Invezz

In March, U.S. inflation saw a moderate increase but it is highly unlikely to alter financial markets’ hopes that the Federal Reserve will not cut off interest rates until September this year. PCE price index On Friday, the Commerce Department’s Bureau of Economic Analysis stated that the PCE price index increased 0.3% in March. In […]

• April 26, 2024 07:32 AM PDT
• Invezz

BHP Group Ltd may go after Rio Tinto Ltd now that Anglo American plc has rejected its takeover proposal, says John Meyer. He’s a partner at SP Angel.  BHP and Rio have had discussions in the past $AAL turned down the $39 billion offer today citing “undervaluation” as Invezz reported here. On CNBC’s “Street Signs […]

• April 26, 2024 07:04 AM PDT
• Invezz