Stock market

US Stocks Slip Amid Fed Watch, Powell's Speech in Focus
October 01, 2024 03:17 AM AEST| By Team Kalkine MediaHeadlines,US stocks experienced slight declines as attention shifts to Federal Reserve Chair Jerome Powell's speech.,Traders are focused on the potential for another interest rate adjustment and key job market data due later in the week.,Corporate mo...

Klaviyo stock rises 3% after Benchmark initiates coverage with a $42 PT: Should you buy?
October 01, 2024 02:51 AM AEST| By InvezzKlaviyo Inc. (NYSE: KVYO) has seen a notable price movement today, climbing over 3% to trade at $35.95 in the morning session. This comes after Benchmark initiated coverage with a Buy rating and set a price target of $42, suggesting a potential upsid...

Giyani Metals CEO and CFO Acquire Shares in Company
October 01, 2024 01:14 AM AEST| By Team Kalkine MediaHighlights:,Giyani Metals Corp. executives Charles FitzRoy and Eugene Lee have increased their shareholdings in the company.,CEO FitzRoy acquired 86,200 shares, while CFO Lee purchased 100,000 shares, reflecting their confidence in Giyani’s growth po...

Is BlackLine a ‘Buy’ after Morgan Stanley raises target to $70?
October 01, 2024 12:50 AM AEST| By InvezzMorgan Stanley has upgraded BlackLine Inc (NASDAQ: BL) and raised its price target to $70 from $60. Analyst Chris Quintero highlights the company’s underappreciated margin expansion and sees an attractive risk-reward profile. He projects a 32%...

Carnival shares slip despite record Q3 results and raised guidance
October 01, 2024 12:41 AM AEST| By InvestingCarnival Corporation (NYSE: NYSE:CCL) reported record third-quarter operating results on Monday, beating analyst expectations and raising its full-year guidance for the third time this year. However,

Broadcom stock has turned $1,000 into $9,000 in 4 years: what’s next?
September 30, 2024 11:34 PM AEST| By InvezzNvidia Corp (NASDAQ: NVDA) has led the AI-related gains in 2024. However, others are strongly benefitting from a continued focus on artificial intelligence as well. One such name is Broadcom Inc (NASDAQ: AVGO) that’s rallied an exciting 800% since th...

Long KR: The Kroger Company Poised for Breakout After Double Bottom at $50
September 30, 2024 10:13 PM AEST| By Invezz
Long ACHC: Acadia Healthcare Rebounds Sharply After Subpoena News
September 30, 2024 08:12 PM AEST| By Invezz
As the IHG share price soars, does it have more upside?
September 30, 2024 06:43 PM AEST| By InvezzIntercontinental Hotels Group (IHG) share price has done well this year, rising by over 24% in London. It soared to a high of 8,345p, its highest point since July 17, while its American ADR has jumped to a record high of $114.5. Hotel groups ar...

BYD recalls nearly 97,000 Dolphin and Yuan Plus EVs in China over fire risk concerns
September 30, 2024 02:56 PM AEST| By InvezzBYD, one of China’s leading electric vehicle manufacturers, is recalling nearly 97,000 of its electric vehicles (EVs) due to a manufacturing defect that poses potential fire hazards. The recall, announced by the State Administration for Market Regula...

Nio stock price could enter beast mode, thanks to these catalysts
September 30, 2024 12:02 PM AEST| By InvezzNio (NYSE: NIO) stock price continued its strong comeback this month, as we had predicted several times, as you can see here and here. It soared to a high of $6.64 on Friday, its highest level since January this year. Nio has jumped by over 82%...

Carpenter Technology Insider Stake Reduction
September 30, 2024 02:45 AM AEST| By Team Kalkine MediaHeadlines,Insider selling activity has been noted at Carpenter Technology Corporation.,Monitoring insider transactions can provide insights into company dynamics.,Insider actions may influence perceptions, though they are not definitive indicators of...

Key Indicators of Lamb Weston Holdings’ Prudent Debt Management
September 30, 2024 02:30 AM AEST| By Team Kalkine MediaHeadlines,Lamb Weston Holdings,(NYSE:LW),demonstrates effective debt management, using leverage to support growth without jeopardizing stability.,An assessment of cash flow and debt levels reveals a well-balanced financial strategy.,The company maint...

Is H&R Block Worth Adding to Your Watchlist?
September 30, 2024 02:01 AM AEST| By Team Kalkine MediaHeadlines,Companies with solid revenue and profit can offer a more stable outlook compared to speculative ventures.,H&R Block,(NYSE:HRB),generates consistent revenue and maintains profitability, which are vital factors for business success.,While it...

US Jobs Data Set to Test Soft-Landing Expectations
September 30, 2024 01:52 AM AEST| By Team Kalkine MediaHeadlines,The US economy's outlook hinges on upcoming labor market data, which follows recent weak job reports.,The S&P 500 has experienced significant growth this year, partly driven by hopes of a smooth economic transition.,Wall Street is closely m...

Examining Hanesbrands’ Returns and Capital Utilization
September 30, 2024 01:47 AM AEST| By Team Kalkine MediaHeadlines,Declining trends in returns on capital employed (ROCE) can be a key indicator of a business facing challenges.,Hanesbrands shows signs of decreased capital investment and diminishing returns, which may raise concerns.,Understanding ROCE hel...

Ferrari stock is severely overvalued: is it an attractive buy?
September 29, 2024 05:04 PM AEST| By InvezzFerrari, the biggest merchant of super expensive super cars, has also become one of the most expensive companies in Wall Street. Its stock has jumped by 40% this year and by 736% since going public almost a decade ago. This surge has transformed it i...

Coca-Cola stock: dividend king with valuation concerns
September 29, 2024 03:48 AM AEST| By InvezzCoca-Cola (NYSE: KO) stock price has been one of the best performers in Wall Street in the last decades. It is an all-weather company that has survived the world’s extreme events like the COVID-19 pandemic, the Global Financial Crisis, and the two Wo...

Oil prices dip again as fears of market oversupply loom
September 28, 2024 09:49 PM AEST| By InvezzAfter two consecutive weeks of gains, oil prices have fallen back into bear territory this week, as fears about higher supply from Libya and Saudi Arabia outweighed positive signals from China. Earlier this week, Saudi Arabia reportedly decided to ra...

Remote work soars in EU: Netherlands leads with 51.9% adoption rate
September 28, 2024 09:25 PM AEST| By InvezzRemote work has experienced a significant surge across the European Union (EU) since the COVID-19 pandemic, with the Netherlands emerging as the frontrunner in telework adoption. According to Eurostat, in 2023, 22% of individuals aged 15 to 64 in the...