Business news


 Lucid shares slip 10% as Q2 deliveries come in well below estimates

Lucid shares slip 10% as Q2 deliveries come in well below estimates

July 13, 2023 05:53 AM AEST | By Invezz

Shares 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

Buy Legal & General stock for its safe 7.90% dividend yield

July 13, 2023 04:07 AM AEST | By Invezz

Legal & 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

Royal Mail (IDS) share price surge faces headwinds

July 13, 2023 04:07 AM AEST | By Invezz

IDS (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

Medtronic allegedly operated a bribery scheme for nearly a decade

July 13, 2023 03:16 AM AEST | By Invezz

A 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’

Domino’s to list menus on Uber Eats: ‘worth every penny to its stock...

July 13, 2023 01:47 AM AEST | By Invezz

Domino’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?

Aviva share price falls to key support: Is it a good stock to buy?

July 13, 2023 01:02 AM AEST | By Invezz

Aviva (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

Roku just announced a partnership with Shopify: find out more

July 13, 2023 12:47 AM AEST | By Invezz

Shares 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

U.S. inflation data today: Janet Mui remains ‘cautious’ on S&P 500

July 12, 2023 11:54 PM AEST | By Invezz

S&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

AB InBev (BUD) stock: Be greedy when everyone is fearful

July 12, 2023 11:00 PM AEST | By Invezz

AB 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

US mortgage rates are soaring as Fed rate hike bets rise

July 12, 2023 09:43 PM AEST | By Invezz

US 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

Airbnb stock price: golden cross forms as insiders dump shares

July 12, 2023 09:10 PM AEST | By Invezz

Airbnb (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

Gold price forecast after rising 4.93% in the first half of the year

July 12, 2023 08:50 PM AEST | By Invezz

The 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

GameStop stock volatility has slipped: Beware of a GME short squeeze

July 12, 2023 07:10 PM AEST | By Invezz

GameStop (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?

SPDR Gold Shares (GLD): Is this gold ETF a good investment?

July 12, 2023 04:24 PM AEST | By Invezz

The 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

Bank of America fined for deceptive practices

July 12, 2023 05:50 AM AEST | By Invezz

Shares 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

Jefferies recommends buying JPMorgan stock ahead of earnings

July 12, 2023 03:03 AM AEST | By Invezz

Shares 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

Microsoft-Activision deal takes a big step towards completion

July 12, 2023 02:23 AM AEST | By Invezz

Activision 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

Enterprise Products Partners stock: Buy this 7.5% yielding machine

July 12, 2023 02:16 AM AEST | By Invezz

Enterprise 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

Nickel price to average $21,000 in Q3 as supply soars – ING

July 12, 2023 02:16 AM AEST | By Invezz

Nickel 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?

Is the JD Sports share price an outright bargain?

July 12, 2023 01:55 AM AEST | By Invezz

JD 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...

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