Business news

Lloyds share price languishes as focus shifts to July 26th

UK bank stocks have underperformed the broader market this year. Lloyds (LON: LLOY) share price has dropped by ~4% this year while the FTSE 100 index...

Haleon is considering offloading its brand of nicotine gum

Haleon plc (LON: HLN) is in focus today following a report that it wants to divest its brand of nicotine gum, patches, and lozenges. Haleon wants to s...

QuantumScape stock analysis: QS insiders are still selling

QuantumScape (NASDAQ: QS) stock price has moved sideways in the past few months as investors assess the company’s future. The shares were tradin...

Sainsbury’s underlying sales up 9.8%: ‘food inflation is starting to...

J Sainsbury plc (LON: SBRY) is in the red on Tuesday even though it reported a year-over-year increase in its quarterly comparable sales. Sainsbury&#8...

Government of India releases first list of 30 critical minerals

Last week, the Government of India’s Ministry of Mines, released its highly anticipated Report of the Committee on Identification of Critical Minerals...

Should you buy or sell US stocks following June PMI Manufacturing da...

Today is Independence Day in the United States, and US banks are closed. As such, market participants should not expect much from the upcoming North A...

iShares Taiwan ETF has a 16% dividend yield: Is EWT a safe buy?

Taiwan is going through headwinds in 2023 as concerns about geopolitics and semiconductor demand. Its economy contracted by 3.02% YoY in the first qua...

Global X Uranium ETF: URA is a good buy if it crosses this price

Uranium prices are doing well in 2023 as other commodities recoil. The closely watched Global X Uranium ETF (URA) has jumped by over 18% from its lowe...

Arrival stock price analysis: plot thickens as Kensington deal ends

Electric vehicle (EV) stocks had a great day on Monday after Tesla announced robust quarterly deliveries. Companies like Tesla, Rivian, and Lucid Moto...

Argo Blockchain share price falling wedge points to a 75% upside

Bitcoin mining stocks have had a successful performance in 2023, helped by the strong BTC performance. Those listed in the US like Riot Platforms, Mar...

Goldman Sachs dubs Southern Co stock a ‘most differentiated fundamen...

Southern Co (NYSE: SO) shareholders will likely be rewarded for their patience over the next 12 months, says Carly Davenport – a Goldman Sachs a...

General Electric stock price has outperformed in 2023: Is it a buy?

General Electric (NYSE: GE) stock price has had a spectacular growth in 2023 as investors cheer the company’s turnaround and strong demand in it...

Rivian stock up 15% on Q2 deliveries: this analyst still sees furthe...

Shares of Rivian Automotive Inc (NASDAQ: RIVN) jumped 15% on Monday after the EV company reported better-than-expected deliveries for its second finan...

Saudi Arabia and Russia to extend oil supply cuts to August

Oil prices ticked up today after Saudi Arabia confirmed plans of extending its voluntary supply cuts to August.    Saudi Arabia to cut oil s...

Will the Rolls-Royce share price wake up in the 2nd half of 2023?

UK stocks underperformed their international peers in the first half of the year. The FTSE 100 index rose by about 1.1% this year while the Nasdaq 100...

Barclays wants to cut ties with Odey Asset Management: here’s why

Barclays PLC (LON: BARC) wants to quit as the corporate bank for Odey Asset Management, the Financial Times reported on Monday. Why is Barclays cuttin...

Tesla produced more vehicles than it delivered in Q2

Tesla Inc (NASDAQ: TSLA) is up 6.0% in premarket trading after reporting deliveries and the number of vehicles it produced in the second quarter. Tesl...

Nikola to face off with Trevor Milton amid share dilution fears

Nikola (NASDAQ: NKLA), a startup building electric and hydrogen trucks, is bracing for a major showdown with Trevor Milton, its founder. The highly em...

NFT market deteriorates following Azuki’s incident

The non-fungible tokens (NFTs) industry has struggled this year, despite several efforts to revive the market. Top NFTs saw their prices decline sharp...

Molina Healthcare announces a $600 million deal with Bright Health

Molina Healthcare Inc (NYSE: MOH) is buying the California Medicare Advantage business from Bright Health Group Inc (NYSE: BHG). Details of the Bright...