Stock market


 Should you buy Cadence after the recent 23% drop? Piper Sandler thinks so

Should you buy Cadence after the recent 23% drop? Piper Sandler thin...

August 06, 2024 11:26 AM PDT | By Invezz

Cadence Design Systems Inc. (NASDAQ: CDNS) has experienced a notable downturn recently, dropping over 23% in the past month, yet analysts at Piper San...

 Uber exceeds Q2 expectations: CEO Khosrowshahi predicts continued outperformance

Uber exceeds Q2 expectations: CEO Khosrowshahi predicts continued ou...

August 06, 2024 10:24 AM PDT | By Invezz

Uber Technologies Inc (NYSE: UBER) is thriving despite market conditions, with CEO Dara Khosrowshahi asserting that the company is “really hitting on...

 ‘Healthy’ dollar-yen correction was overdue, former ECB chief Trichet says

‘Healthy’ dollar-yen correction was overdue, former ECB chief Triche...

August 06, 2024 06:14 AM PDT | By Invezz

The recent strengthening of the Japanese yen, resulting in a significant drop in the dollar-yen exchange rate, is seen as an overdue and healthy corre...

 Faraday (FFIE) stock analysis: faces a tough future ahead

Faraday (FFIE) stock analysis: faces a tough future ahead

August 05, 2024 09:46 AM PDT | By Invezz

Faraday Future (FFIE) stock price continued its strong downtrend on Monday as it slumped by over 17%, making it one of the worst performers in Wall St...

 RBC upgrades Lockheed Martin to ‘Outperform’ with $600 price target: Is it time to buy?

RBC upgrades Lockheed Martin to ‘Outperform’ with $600 price target:...

August 05, 2024 08:44 AM PDT | By Invezz

Lockheed Martin Corp (NYSE: LMT), the aerospace and defense major, recently received a substantial upgrade from RBC Capital, elevating the stock to &#...

 RBC downgrades Moderna and cuts price target by 28%: Should you exit?

RBC downgrades Moderna and cuts price target by 28%: Should you exit...

August 05, 2024 07:18 AM PDT | By Invezz

The decision by RBC Capital Markets to downgrade Moderna Inc. (NASDAQ: MRNA) from “Outperform” to “Sector Perform” has sent th...

 Should equity investors ignore market noise? Macquarie weighs in

Should equity investors ignore market noise? Macquarie weighs in

August 05, 2024 06:14 AM PDT | By Investing

In a recent note, Macquarie analysts explored the volatile landscape of interest rate expectations and its implications for equity investors amid the...

 TikTok to withdraw Lite Rewards program permanently from EU amid safety concerns

TikTok to withdraw Lite Rewards program permanently from EU amid saf...

August 05, 2024 06:02 AM PDT | By Invezz

TikTok has agreed to permanently withdraw its ‘Lite Rewards’ program from the European Union in response to concerns raised by the EU Comm...

 Market crash: Nvidia stock falls amid tech pullback

Market crash: Nvidia stock falls amid tech pullback

August 05, 2024 05:35 AM PDT | By Invezz

Nvidia ((NASDAQ: NVDA) shares have tumbled in early Monday trading, extending the stock’s one-month decline to around 23%. This downturn comes a...

 Canoo stock price is slumping: August 14 will be key for GOEV

Canoo stock price is slumping: August 14 will be key for GOEV

August 05, 2024 01:05 AM PDT | By Invezz

Canoo (GOEV) stock price has continued in a strong freefall this year as concerns about the Electric Vehicle (EV) companies continued. It has dropped...

 Inside Berkshire’s $76 billion stock sell-off: What’s driving Buffett’s decision to cut stake in Apple?

Inside Berkshire’s $76 billion stock sell-off: What’s driving Buffet...

August 04, 2024 03:17 AM PDT | By Invezz

Warren Buffett’s Berkshire Hathaway has dramatically reduced its stake in iPhone maker Apple as part of a broader strategy involving the sale of $76 b...

 Airbnb stock dives as revenge travel boom fades ahead of earnings

Airbnb stock dives as revenge travel boom fades ahead of earnings

August 03, 2024 09:10 AM PDT | By Invezz

The Airbnb (ABNB) stock price has suffered a deep reversal in the past few weeks as concerns about the travel industry has remained. It has retreated...

 Lululemon down 50% in 2024: Is now the right time to invest?

Lululemon down 50% in 2024: Is now the right time to invest?

August 03, 2024 02:00 AM PDT | By Invezz

Lululemon (LULU) has experienced a 54% decline this year, with more downgrades piling in. Is it the right time to start buying this undervalued compan...

 ARK Invest puts $21 million in 3iQ Ether ETF after major Coinbase stock sale

ARK Invest puts $21 million in 3iQ Ether ETF after major Coinbase st...

August 02, 2024 09:54 AM PDT | By Invezz

On August 1, 2024, Cathie Wood’s ARK Invest executed a substantial $21 million purchase of the 3iQ Ether Staking ETF (ETHQ.U), while simultaneously of...

 Is Nvidia in a ‘bubble’? Hedge fund Elliott raises concerns over AI investments

Is Nvidia in a ‘bubble’? Hedge fund Elliott raises concerns over AI...

August 02, 2024 07:49 AM PDT | By Invezz

Elliott Management, a Florida-based hedge fund managing approximately $70 billion in assets, has issued a stark warning to its investors regarding Nvi...

 Exxon soars in Q2 earnings, Chevron slumps: What investors should know

Exxon soars in Q2 earnings, Chevron slumps: What investors should kn...

August 02, 2024 06:30 AM PDT | By Invezz

ExxonMobil and Chevron, the largest oil and gas companies in the US by market capitalization, reported their Q2 earnings on Friday, highlighting diver...

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