Business news

Rivian stock forecast: 24% upside despite Ford price cuts

Rivian (NASDAQ: RIVN) stock price has lost its momentum as concerns about a slowdown in the electric vehicle industry. The shares have dropped in the...

Is the CAC 40 index a buy amid a slowdown in Europe and China?

The CAC 40 index has lost momentum as concerns about the Chinese economy continued. The index retreated to €7,285 on Monday, lower than the year...

Euro Stoxx 50 index sits below key price as investors get jittery

The Euro Stoxx 50 index has gone nowhere since April as concerns about the European economy continue. The index, which tracks the biggest publicly-lis...

DAX index rally has lost steam as focus shifts to ECB, Fed

The DAX index has erased most of the losses made earlier this month as the earnings season gets underway. It was trading at €16,000 on Monday, ~...

Nikkei 225 index double-tops amid BoJ yield curve tweak bets

The Nikkei 225 index has lost momentum in the past few weeks. After surging to a multi-decade high of ¥33,766 this month, it has pulled back by ~...

S&P 500 forecast: Ed Yardeni sees another 20% upside

S&P 500 is currently up more than 18% for the year but a market veteran says it still has a lot more room to the upside. Yardeni explains his bull...

Ford lowers prices for its F-150 Lightning by up to $10,000

Ford Motor Co (NYSE: F) lost more than 5.0% on Monday after cutting prices for all variants of its F-150 Lightning. Why is Ford lowering prices? Base...

Buy Stagwell stock for a 60% return in 12 months: Goldman Sachs

Shares of Stagwell Inc (NASDAQ: STGW) jumped more than 10% this morning after a Goldman Sachs analyst turned super bullish on the digital marketing co...

Rio Tinto takes a big stake in Australia’s Sovereign Metals

Rio Tinto plc (LON: RIO) agreed to invest $27.6 million in Sovereign Metals Ltd on Monday. It will get a 15% stake in the Australian mining company in...

Sen. Warren wants the SEC to investigate Tesla: here’s why

Tesla Inc (NASDAQ: TSLA) is in focus this morning after Sen. Elizabeth Warren urged the U.S. SEC to investigate the electric vehicles behemoth. What s...

As the Rolls-Royce share price stalls, is it still a bargain?

Rolls-Royce’s (LON: RR) share price has gone nowhere in the past few months as investors wait for the next catalyst. The stock has remained betw...

Sony just agreed to Microsoft’s proposal on ‘Call of Duty’

Microsoft Corp (NASDAQ: MSFT) has signed a binding agreement with Sony Corp (TYO: 6758) to keep “Call of Duty” available on PlayStation af...

Beazley share price death cross pattern points to more woes

Beazley (LON: BEZ) share price has underperformed the market this year. The stock has dropped by more than 15% this year while companies like Aviva an...

Here’s why Watches of Switzerland is a cheap retail stock to buy

Watches of Switzerland (LON: WOSG) share price has made a spectacular recovery in the past few days as investors assess the strength of the business....

Shell share price forms a triangle as focus shifts to July 27

Shell (LON: SHEL) share price is having a difficult year as investors watch the performance of crude oil and natural gas prices. The stock was trading...

Palm oil price forecast as the El Nino weather event takes shape

Palm oil prices have drifted upward this month as investors focus on Indonesia’s export restrictions and El Nino trends. Malaysia’s palm o...

Laundry Detergent Market Poised for Substantial Growth, Projected to...

Laundry Detergent Market The gel segment is estimated to witness the fastest growth, registering a CAGR of 6.1% during the forecast period. In the rec...

USD/IDR: Indonesia rupiah pressured as exports and imports slump

The USD/IDR exchange rate drifted upwards on Monday after Indonesia published another set of weak trade numbers. The pair jumped to 15,000, a few poin...

China’s yuan (CNY/USD) slips as China’s youth unemployment soars

The Chinese yuan slipped modestly on Monday after the latest China GDP, employment, and industrial production data. The closely-watched USD/CNY price...

STI index: Is it safe to buy Singapore stocks as they underperform?

The Strait Time Index (STI) index has underperformed its global peers as concerns about Singapore slowdown continues. The index, which tracks the bigg...