Business news
Lucid shares slip 10% as Q2 deliveries come in well below estimates
July 13, 2023 05:53 AM AEST | By InvezzShares of Lucid Group Inc (NASDAQ: LCID) ended more than 10% down on Wednesday after the luxury electric vehicles maker reported weaker-than-expected...
Buy Legal & General stock for its safe 7.90% dividend yield
July 13, 2023 04:07 AM AEST | By InvezzLegal & General (LON: LGEN) share price has moved sideways in the past few months amid rising economic instability in the UK. The stock was tradin...
Royal Mail (IDS) share price surge faces headwinds
July 13, 2023 04:07 AM AEST | By InvezzIDS (LON: IDS) share price continued its bullish comeback as the market cheered the latest union vote. Shares of Royal Mail’s parent company jum...
Medtronic allegedly operated a bribery scheme for nearly a decade
July 13, 2023 03:16 AM AEST | By InvezzA whistleblower lawsuit alleges that Medtronic PLC (NYSE: MDT) engaged in a bribery scheme for nearly a decade. Its shares are still in the green this...
Domino’s to list menus on Uber Eats: ‘worth every penny to its stock...
July 13, 2023 01:47 AM AEST | By InvezzDomino’s Pizza Inc (NYSE: DPZ) printed a year-to-date high this morning after partnering with Uber Eats. Jim Cramer reacts to the announcement O...
Aviva share price falls to key support: Is it a good stock to buy?
July 13, 2023 01:02 AM AEST | By InvezzAviva (LON: AV) share price has been in a deep slumber as concerns about the UK continued. The stock was trading at 389p on Wednesday, a few points be...
Roku just announced a partnership with Shopify: find out more
July 13, 2023 12:47 AM AEST | By InvezzShares of Roku Inc (NASDAQ: ROKU) opened about 5.0% up today after the streaming-media company announced a new partnership with Shopify Inc (NYSE: SHO...
U.S. inflation data today: Janet Mui remains ‘cautious’ on S&P 500
July 12, 2023 11:54 PM AEST | By InvezzS&P 500 opened up this morning after the U.S. Bureau of Labour Statistics said inflation continued to decelerate in June. Pro shares her view on t...
AB InBev (BUD) stock: Be greedy when everyone is fearful
July 12, 2023 11:00 PM AEST | By InvezzAB InBev (NYSE: BUD) stock price has underperformed the market in the past few months as investors focus on Bud Light sales in the United States. Afte...
US mortgage rates are soaring as Fed rate hike bets rise
July 12, 2023 09:43 PM AEST | By InvezzUS mortgage rates continued rising as investors price in further Fed interest rate hikes. Data published by Mortgage Bankers Association revealed that...
Airbnb stock price: golden cross forms as insiders dump shares
July 12, 2023 09:10 PM AEST | By InvezzAirbnb (NASDAQ: ABNB) stock price has staged a strong comeback this year as travel demand continued rising. The shares jumped to a high of $140, the h...
Gold price forecast after rising 4.93% in the first half of the year
July 12, 2023 08:50 PM AEST | By InvezzThe first half of the trading year is behind us, and commodities have underperformed. Only two have recorded a positive return over the period – gold...
GameStop stock volatility has slipped: Beware of a GME short squeeze
July 12, 2023 07:10 PM AEST | By InvezzGameStop (NYSE: GME) stock price has been a good investment in 2023. The shares have jumped by ~39% this year, outperforming the broad market since th...
SPDR Gold Shares (GLD): Is this gold ETF a good investment?
July 12, 2023 04:24 PM AEST | By InvezzThe SPDR Gold Shares (GLD) ETF has retreated recently ahead of the upcoming US consumer inflation data. GLD was trading at $180 on Tuesday, about 6.45...
Bank of America fined for deceptive practices
July 12, 2023 05:50 AM AEST | By InvezzShares of Bank of America Corp (NYSE: BAC) are trending up even though it received a penalty from the Consumer Financial Protection Bureau on Tuesday....
Jefferies recommends buying JPMorgan stock ahead of earnings
July 12, 2023 03:03 AM AEST | By InvezzShares of JPMorgan Chase & Co (NYSE: JPM) are worth buying ahead of the bank’s second-quarter financial results on July 14th, says Ken Usdin...
Microsoft-Activision deal takes a big step towards completion
July 12, 2023 02:23 AM AEST | By InvezzActivision Blizzard Inc (NASDAQ: ATVI) gained more than 5.0% this morning after its $69 billion deal with Microsoft Corp (NASDAQ: MSFT) took a big ste...
Enterprise Products Partners stock: Buy this 7.5% yielding machine
July 12, 2023 02:16 AM AEST | By InvezzEnterprise Products Partners (NYSE: EPD) stock price has done well this year and is hovering near its all-time high. The shares were trading at $26.50...
Nickel price to average $21,000 in Q3 as supply soars – ING
July 12, 2023 02:16 AM AEST | By InvezzNickel price has underperformed the market this year, making it the worst-performing metal in the London Metal Exchange (LME). The metal dropped to a...
Is the JD Sports share price an outright bargain?
July 12, 2023 01:55 AM AEST | By InvezzJD Sports (LON: JD) share price dropped to the lowest level since January this year as concerns about the company continued. The stock was trading at...