Business news

Aviva share price falls to key support: Is it a good stock to buy?
July 12, 2023 08:02 AM PDT | 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 12, 2023 07:47 AM PDT | 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 06:54 AM PDT | 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 06:00 AM PDT | 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 04:43 AM PDT | 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 04:10 AM PDT | 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 03:50 AM PDT | 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 02:10 AM PDT | 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 11, 2023 11:24 PM PDT | 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 11, 2023 12:50 PM PDT | 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 11, 2023 10:03 AM PDT | 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 11, 2023 09:23 AM PDT | 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 11, 2023 09:16 AM PDT | 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 11, 2023 09:16 AM PDT | 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 11, 2023 08:55 AM PDT | 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...

Widlitz says Amazon Prime Day is ‘not only about selling stuff’
July 11, 2023 08:32 AM PDT | By InvezzAmazon.com Inc (NASDAQ: AMZN) is in focus this morning as the eCommerce giant kicked off its much-awaited Prime Day sale. Prime Day is about gaining s...

HSBC share price loses momentum ahead of bank earnings
July 11, 2023 06:55 AM PDT | By InvezzThe HSBC (LON: HSBA) share price has outperformed other British banks like Lloyds, Barclays, and Virgin Money. It has soared by more than 20% this yea...

EUR/GBP analysis as a double bottom pattern slowly forms
July 11, 2023 03:30 AM PDT | By InvezzThe euro to pound (EUR/GBP) exchange rate continued the downward trend on Tuesday. The pair dropped to a low of 0.8550, a few points below last month&...

Silver price breaks and retests ahead of US inflation data
July 11, 2023 01:31 AM PDT | By InvezzSilver price has drifted upwards in the past few days as investors react to the falling US dollar index (DXY). The precious metal’s price rose t...

Dow Jones index forms bullish patterns as hedge funds turn sour
July 11, 2023 12:30 AM PDT | By InvezzThe Dow Jones Industrial Index (DJIA) has moved sideways in the past few months as technology stocks outperform value companies. The index was trading...