Stock market

Apollo eyes $5 billion stake in Intel amid market struggles
September 23, 2024 03:58 PM AEST| By InvezzApollo Global Management, a prominent US asset management firm, is reportedly preparing to invest up to $5 billion in Intel, Bloomberg reported on Monday. The potential investment comes as Intel navigates a period of significant market decline, with...

Constellation Energy stock surged: brace for a pullback
September 23, 2024 02:00 PM AEST| By InvezzThe Constellation Energy Corporation (NASDAQ: CEG) stock price went parabolic on Friday, reaching its highest point on record after inking a deal with Microsoft, the second-biggest company in the world. CEG shares surged to a high of $254, brin...

Intel stock forecast as a new twist emerges
September 23, 2024 12:02 PM AEST| By InvezzIntel (INTC) stock price will be in the spotlight on Monday as investors reflect on the rumoured offer by Qualcomm and news that Apollo Global will make a $5 billion investment in the company. The stock, which rose by over 3.3% on Friday, will likely...

Snapchat’s augmented reality ambitions: a costly bet that continues to hurt shareholders
September 21, 2024 07:52 PM AEST| By InvezzSnap Inc. continues to invest heavily in AR. The company's core business is struggling and yet it continues to spend more and more on R&D for a product that won't see success anytime soon.

Why did Olive Garden finally partner with Uber?
September 21, 2024 07:50 PM AEST| By InvezzOlive Garden has always avoided using third party delivery services. Even during the pandemic, they resisted that urge. What has prompted the company to partner with Uber now?

M-tron Industries, Inc. (MPTI) Shows Resilience Amid Market Fluctuations
September 21, 2024 01:56 PM AEST| By Team Kalkine MediaHeadlines,M-tron Industries, Inc.,(NYSE:MPTI),closed at $35.87, reflecting a +0.9% change, outperforming the S&P 500's decline of 0.19%.,The upcoming earnings report is anticipated to reveal an EPS of $0.54, with revenue expected to reach $12.2 milli...

Onto Innovation's Recent Performance: Key Insights for Market Watchers
September 21, 2024 01:51 PM AEST| By Team Kalkine MediaHeadlines,Onto Innovation (ONTO) closed at $199.91, down 1.56% in the latest trading session, underperforming the S&P 500.,Analysts anticipate the upcoming earnings report to show significant year-over-year growth, with projections of $1.31 per share...

Pan American Silver (PAAS) Surges Amid Market Volatility: Key Insights
September 21, 2024 01:37 PM AEST| By Team Kalkine MediaHeadlines,Pan American Silver,(NYSE:PAAS),closes at $21.35, up 1.57%, outperforming the S&P 500's slight decline.,The silver mining company has shown a 0.57% gain over the past month, though it lags behind the Basic Materials sector and the S&P 500.,...

Whirlpool's Performance Compared to Market Trends: An Overview
September 21, 2024 01:04 PM AEST| By Team Kalkine MediaHeadlines,Whirlpool,(NYSE:WHR),closed at $102.41, experiencing a slight decline of 0.93%.,The stock's performance was more significant than the S&P 500's minor drop of 0.19%.,Over the past month, Whirlpool's shares increased by 5.44%, outperforming t...

Veteran Trader Analyzes Olive Garden Parent Company Following Earnings
September 21, 2024 11:00 AM AEST| By Team Kalkine MediaHeadlines,Darden Restaurants, the parent company of Olive Garden, owns several popular restaurant brands and is expanding its portfolio with the acquisition of Chuy’s.,The restaurant industry faces challenges as rising prices outpace inflation, causi...

Lufthansa weighs flight cuts as state-backed Chinese airlines disrupt European aviation
September 21, 2024 05:33 AM AEST| By InvezzLufthansa is considering revising its Beijing flight schedule as the company comes under increasing pressure from Chinese airlines.

Germany to retain Commerzbank shares as bank strives for independence
September 21, 2024 04:50 AM AEST| By InvezzGermany has made it clear that it will hold onto its remaining shares in Commerzbank for the foreseeable future, affirming that the bank’s strategy remains focused on maintaining its independence. This was confirmed by Germany’s Finance Agency...

Stock Index Futures Dip as FedEx Earnings Weigh on Market Sentiment
September 21, 2024 03:50 AM AEST| By Team Kalkine MediaHeadlines,S&P 500 and Nasdaq futures show slight declines following disappointing FedEx earnings, which impacted interest rate optimism.,Despite FedEx's struggles, major tech stocks and Darden Restaurants performed well, with significant gains observ...

Why EU tariffs won’t slow down China’s electric vehicle growth in Europe
September 21, 2024 03:34 AM AEST| By InvezzChinese electric vehicles (EVs) are poised to maintain their competitiveness in Europe, despite the European Union’s introduction of additional tariffs. Even with the revised rates that were lowered last month, Chinese automakers are expected to cont...

Short APLS: Accelerating downtrend with bearish volume surge amid regulatory setback
September 21, 2024 03:16 AM AEST| By Invezz
American Airlines eyes exclusive credit card deal with Citigroup over rival bank Barclays
September 21, 2024 02:41 AM AEST| By InvezzAmerican Airlines is in advanced talks to establish Citigroup as its sole credit card issuer, potentially ending its partnership with Barclays, a relationship that began after American’s 2013 merger with US Airways, according to a CNBC report. For mo...

Long OTIS: Otis Worldwide Forms Bullish Reversal Near 200 MA, Targeting $100 Resistance
September 20, 2024 10:36 PM AEST| By Invezz
Long AMT: American Tower Uptrend Remains Intact, Bullish Rejection Signals Continuation with Short-Term Target
September 20, 2024 10:22 PM AEST| By Invezz
ISG Construction enters administration: What caused the company’s downfall?
September 20, 2024 09:01 PM AEST| By InvezzIn a shocking turn of events, ISG Construction, one of the UK’s largest construction firms, has officially entered administration after months of financial uncertainty and failed attempts to secure a sale. Six subsidiaries of ISG officially ent...

When should a company submit its Listing Application to Nasdaq during the IPO process?
September 20, 2024 06:36 PM AEST| By Team Kalkine MediaFor companies like,Apple Inc. (NASDAQ:AAPL),,,Microsoft Corp. (NASDAQ:MSFT),, and,Amazon.com Inc. (NASDAQ:AMZN),aiming to list on Nasdaq, aligning the submission of their Listing Application with their registration statement to the SEC is a critical...