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Nio stock price forecast: rating upgrade, target at $16.20
August 14, 2023 08:12 PM AEST| By InvezzNio (NYSE: NIO) stock price has pulled back in the past few days amid escalating tensions between the US and China. The shares dipped to a low of $12.85 on Friday, a few points below this month’s high of $16.10. They remain about 80% above the...
Buy the euro as US and Europe’s inflation trends diverge
August 14, 2023 08:06 PM AEST| By InvezzInflation was the main driver of the currency market’s volatility in the past twelve months. Fears that inflation is out of control in developed economies led to increased volatility surrounding central banks’ interest rate decisions. Aft...
Capita share price sits at a 26-year low: Is it a bargain?
August 14, 2023 06:28 PM AEST| By InvezzCapita (LON: CPI) share price has been a big disappointment in the past few years. After soaring to a high of 734p in 2015, the stock has plunged by more than 96% to the current 20 pence. This price is close to its lowest level since 1997. Capita cha...
Synesis One launches the world’s first NLP AI data crowdsourcing application on Solana Mainnet
August 14, 2023 05:58 PM AEST| By InvezzZug, Switzerland, August 10th, 2023, Chainwire Synesis One, the world’s first AI data crowdsourcing platform on the Solana Blockchain, announced today the launch of its new Train2Earn App ‘Workspace by Synesis’ on iOS, Android, Saga...
MULN stock price: Mullen Automotive bankruptcy risks remain
August 11, 2023 04:43 AM AEST| By InvezzMullen Automotive (NASDAQ: MULN) stock price is slowly becoming worthless. The shares have plunged by more than 98% this year, bringing its total market cap to just $70 million. This is a major downfall for a company that spent $240 million acquiring...
SPCE stock forecast: Virgin Galactic key milestone nears
August 10, 2023 05:09 PM AEST| By InvezzThe Virgin Galactic (NYSE: SPCE) stock price sell-off gained steam this week ahead of a major milestone by the company. The shares tumbled to a low of $3.35 on Wednesday, the lowest level since May 31st of this year. In all, it has dropped by almost...
Nifty 50 index forecast: Will Indian stocks retest the all-time high?
August 10, 2023 12:35 PM AEST| By InvezzThe Nifty 50 index moved sideways on Thursday as traders repositioned for the upcoming interest rate decision by the Reserve Bank of India (RBI). The pair was trading at ₹19,583, where it has been in the past few days. This price is a few point...
USD/INR forecast ahead of RBI decision, US inflation data
August 10, 2023 10:15 AM AEST| By InvezzThe USD/INR exchange rate is hovering near the highest level since May ahead of the Reserve Bank of India (RBI) decision and US consumer inflation data. It was trading at 82, which was over 1.4% above the lowest level this month. RBI decision ahead T...
Disney Q3 earnings: ‘I think WBD is a better bet within media’
August 10, 2023 07:47 AM AEST| By InvezzWalt Disney Co (NYSE: DIS) says its flagship streaming service continued to lose subscribers in the fiscal third quarter. Its shares are still trading slightly up in extended hours. Disney+ lost 11.7 million subscribers in Q3 Disney+ ended the quarte...
SCHD is a great dividend ETF: Here’s why I like VIG more
August 10, 2023 03:24 AM AEST| By InvezzThe Schwab U.S. Dividend Equity ETF (SCHD) fund has underperformed the market this year despite the elevated inflows. The stock has jumped by less than 1% while the SPDR S&P 500 (SPY) fund jumped by more than 17.50%. Other popular ETFs like Inves...
Introducing TON Space – Self-Custody Wallet in Telegram, Available to Developers Now
August 10, 2023 03:11 AM AEST| By InvezzDubai, United Arab Emirates, August 9th, 2023, Chainwire Wallet, the TON-based application in Telegram Messenger, announces the launch of TON Space, a new self-custody wallet, that gives users complete control of their digital assets. In tandem with...
Venom Foundation Partners with the UAE Government to Launch National Carbon Credit System
August 10, 2023 03:08 AM AEST| By InvezzAbu Dhabi, UAE, August 9th, 2023, Chainwire Venom Foundation, a leader in blockchain technology adoption in regulated markets, is thrilled to announce the signing of a momentous Memorandum of Understanding (MOU) with the UAE Government to develop and...
WeWork warns of a possible bankruptcy
August 10, 2023 02:05 AM AEST| By InvezzShares of WeWork Inc (NYSE: WE) were cut nearly in half this morning after the shared workspace provider warned of a possible bankruptcy. WeWork has lost $3.0 billion in 18 months On Wednesday, the New York-based company said it lost another $700 mil...
Roblox stock tanks 20% on a widened Q2 loss
August 10, 2023 12:43 AM AEST| By InvezzShares of Roblox Corp (NYSE: RBLX) are being punished this morning after the game developer said its loss widened in the fiscal second quarter. Roblox stock down on a decline in ABPDAU On the plus side, the California-based company ended the quarter...
British homebuilder Bellway expects continued challenges ahead
August 10, 2023 12:08 AM AEST| By InvezzBellway plc (LON: BWY) says it will build fewer homes in its current financial year. Its shares are down more than 2.0% on Wednesday. Bellway reports a year-on-year hit to revenue In a trading update this morning, the homebuilder reported £3.4 b...
Atlantic Lithium share price unravels as headwinds remain
August 09, 2023 11:55 PM AEST| By InvezzAtlantic Lithium (LON: ALL) share price has been unraveling in the past few months as lithium prices plunge. The stock dropped to a low of 16.64p on Wednesday, the lowest level since November 2021. It has plunged by more than 73% from the highest lev...
TaskChain: A World First Quest2Earn Web3 Platform Launches Presale
August 09, 2023 10:34 PM AEST| By InvezzVienna, Austria, August 8th, 2023, Chainwire TaskChain, a groundbreaking Web3 project, has just announced the launch of its presale today. This new development comes prior to the introduction of TaskChain’s innovative platform which is set to t...
Chancer Announces BitMart Exchange Listing as Presale Races Past $1m Mark
August 09, 2023 10:30 PM AEST| By InvezzLondon, United Kingdom, August 7th, 2023, Chainwire Chancer, one of the most exciting new crypto projects in 2023, has raced past the significant $1 million fundraising milestone. This coincides with the announcement that their first exchange listing...
Tesla CFO steps down: ‘working with Elon Musk is really hard’
August 08, 2023 02:25 AM AEST| By InvezzZach Kirkhorn has stepped down as the Chief Financial Officer of Tesla Inc (NASDAQ: TSLA). Shares of the EV giant are down nearly 4.0% on Monday. Tesla names Vaibhav Taneja its new CFO Tesla also revealed to have named Vaibhav Taneja is new CFO in a...
TSLY ETF lags Tesla stock price as inflows hit $385 million
August 07, 2023 08:30 PM AEST| By InvezzThe YieldMax TSLA Option Income Strategy (TSLY) ETF has underperformed the Tesla stock and the S&p 500 index even as inflows in the fund jumped. The TSLY stock has risen by more than 80% this year while Tesla shares have jumped by over 140%. ...
