Business news


 Nikola stock price analysis: NKLA could plunge by 62% soon

Nikola stock price analysis: NKLA could plunge by 62% soon

October 06, 2023 02:19 AM AEDT | By Invezz

Nikola (NASDAQ: NKLA) stock price retreated on Thursday as smaller-cap electric vehicle companies plunged. The shares crashed by more than 6% as its s...

 Orchard Therapeutics is being bought at a massive premium

Orchard Therapeutics is being bought at a massive premium

October 06, 2023 01:38 AM AEDT | By Invezz

Shares of Orchard Therapeutics (NASDAQ: ORTX) almost doubled this morning after Kyowa Kirin Co Ltd (TYO: 4151) announced plans of buying the gene ther...

 US initial jobless claims and relatively robust labour market indicators stoke inflationary concerns

US initial jobless claims and relatively robust labour market indica...

October 06, 2023 01:37 AM AEDT | By Invezz

As investors continue to be concerned about the possibility of resurgent inflation in the US economy, the latest initial jobless claims figures for th...

 Tottenham Hotspur’s $1M Fan Token Offering sells out in record time

Tottenham Hotspur’s $1M Fan Token Offering sells out in record time

October 06, 2023 01:37 AM AEDT | By Invezz

Tottenham Hotspur Football Club achieved a significant milestone after completing its Fan Token Offering (FTO) in a mere four hours. The FTO raised an...

 Rivian stock opened 10% down on Thursday: here’s why

Rivian stock opened 10% down on Thursday: here’s why

October 06, 2023 12:34 AM AEDT | By Invezz

Rivian Automotive Inc (NASDAQ: RIVN) opened down 10% on Thursday after revealing plans of issuing convertible notes. Convertible bonds tend to be dilu...

 Wirex unveils ZK-proofs non-custodial crypto debit card

Wirex unveils ZK-proofs non-custodial crypto debit card

October 06, 2023 12:12 AM AEDT | By Invezz

Wirex, a prominent crypto payment service provider with over six million customers, has made a significant move by launching a cutting-edge non-custod...

 Copper price forecast: heading to a 10% dip if this happens

Copper price forecast: heading to a 10% dip if this happens

October 06, 2023 12:00 AM AEDT | By Invezz

Copper price continued its freefall as concerns about the global economy continued. It slipped to a low of $3.58, the lowest level since May 26th. It...

 Trust Wallet Token (TWT) breaks past trendline as bulls take control

Trust Wallet Token (TWT) breaks past trendline as bulls take control

October 05, 2023 10:53 PM AEDT | By Invezz

In a remarkable turn of events, Trust Wallet Token (TWT), the native token of one of the leading crypto wallets Trust Wallet, has been on a relentless...

 Top 3 best-performing assets year-to-date

Top 3 best-performing assets year-to-date

October 05, 2023 10:48 PM AEDT | By Invezz

The last quarter of the trading year started, and financial markets are stretched. Rising yields and a strong dollar led to an increased correlation b...

 Loom Network price pops but gains could be short lived

Loom Network price pops but gains could be short lived

October 05, 2023 10:45 PM AEDT | By Invezz

Loom Network token rebounded sharply on Thursday as open interest in the futures market continued. The token soared to a high of $01575, a few points...

 Energy Select Sector (XLE) ETF is slipping: Here’s the price to watch

Energy Select Sector (XLE) ETF is slipping: Here’s the price to watc...

October 05, 2023 08:30 PM AEDT | By Invezz

The Energy Select Sector SPDR Fund (XLE) ETF stock price has pulled back in the past few days as the price of crude oil has retreated. The fund has dr...

 Cassava Sciences (SAVA) stock price forms a bullish pattern: is it a buy?

Cassava Sciences (SAVA) stock price forms a bullish pattern: is it a...

October 05, 2023 07:30 PM AEDT | By Invezz

Cassava Sciences (NASDAQ: SAVA) stock price has crawled back this week after the company moved on with its Alzheimer’s drug trial. The shares, which h...

 Silver price fails at dynamic resistance: here’s what the charts are signalling

Silver price fails at dynamic resistance: here’s what the charts are...

October 05, 2023 07:03 PM AEDT | By Invezz

Commodities have suffered from the US dollar’s strength in September. Precious metals are just one category that reflected the dollar’s strength, as b...

 Celsius Holdings stock price is still priced for perfection

Celsius Holdings stock price is still priced for perfection

October 05, 2023 05:05 PM AEDT | By Invezz

Celsius Holdings (NASDAQ: CELH) share price has retreated in the past few weeks as concerns about the company’s valuation and interest rates remain. T...

 As the Aviva share price rises, will Allianz make a move?

As the Aviva share price rises, will Allianz make a move?

October 05, 2023 03:03 PM AEDT | By Invezz

Aviva (LON: AV) share price bounced back this week amid rumours that the company will be acquired. After falling to a low of 375.7p on Tuesday, the sh...

 Metro Bank share price extremely oversold as capital raise nears

Metro Bank share price extremely oversold as capital raise nears

October 05, 2023 01:02 PM AEDT | By Invezz

Metro Bank (LON: MTRO) share price continued its freefall as concerns about the challenger bank’s future. The stock tumbled to a low of 47.30p, close...

 MEXC Ventures makes eight-figure investment in Toncoin and launches strategic partnership with TON Foundation

MEXC Ventures makes eight-figure investment in Toncoin and launches...

October 05, 2023 08:15 AM AEDT | By Invezz

Zug, Switzerland, October 4th, 2023, Chainwire MEXC Ventures, a subsidiary of MEXC’s global cryptocurrency exchange MEXC, has announced a significant...

 Ford is a risky bet and not just because of the UAW strike: Gina Sanchez

Ford is a risky bet and not just because of the UAW strike: Gina San...

October 05, 2023 07:59 AM AEDT | By Invezz

Gina Sanchez continues to recommend “caution” on Ford Motor Co (NYSE: F) even though it has already lost more than 20% over the past three months. Why...

 Bitcoin price steady as Memeinator token sale scoops $579k

Bitcoin price steady as Memeinator token sale scoops $579k

October 05, 2023 07:22 AM AEDT | By Invezz

Bitcoin price held quite well as risks to the American and global economy continued. The coin held steady above the key resistance level at $27,500 th...

 Tilray CEO: we’ll do fine even without the U.S. legalisation

Tilray CEO: we’ll do fine even without the U.S. legalisation

October 05, 2023 07:11 AM AEDT | By Invezz

Tilray Inc (NASDAQ: TLRY) is well-positioned even if cannabis is not fully legalised in the United States, as per its Chief Executive – Irwin Simon. T...

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