Business news


 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 12, 2023 08:02 AM PDT | 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 12, 2023 07:47 AM PDT | 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 06:54 AM PDT | 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 06:00 AM PDT | 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 04:43 AM PDT | 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 04:10 AM PDT | 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 03:50 AM PDT | 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 02:10 AM PDT | 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 11, 2023 11:24 PM PDT | 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 11, 2023 12:50 PM PDT | 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 11, 2023 10:03 AM PDT | 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 11, 2023 09:23 AM PDT | 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 11, 2023 09:16 AM PDT | 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 11, 2023 09:16 AM PDT | 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 11, 2023 08:55 AM PDT | 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...

 Widlitz says Amazon Prime Day is ‘not only about selling stuff’

Widlitz says Amazon Prime Day is ‘not only about selling stuff’

July 11, 2023 08:32 AM PDT | By Invezz

Amazon.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

HSBC share price loses momentum ahead of bank earnings

July 11, 2023 06:55 AM PDT | By Invezz

The 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

EUR/GBP analysis as a double bottom pattern slowly forms

July 11, 2023 03:30 AM PDT | By Invezz

The 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

Silver price breaks and retests ahead of US inflation data

July 11, 2023 01:31 AM PDT | By Invezz

Silver 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

Dow Jones index forms bullish patterns as hedge funds turn sour

July 11, 2023 12:30 AM PDT | By Invezz

The Dow Jones Industrial Index (DJIA) has moved sideways in the past few months as technology stocks outperform value companies. The index was trading...

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