Stock market

Standard Chartered CEO: banking sector ‘extremely strong’ despite NY...

February 13, 2024 05:08 AM AEDT | By Invezz

There is hardly anything wrong with strength of the broader banking sector, says Bill Winters – the chief executive of Standard Chartered PLC. CEO Win...

Stock market forecast: JP Morgan warns 20-30 percent dip, favours sm...

February 12, 2024 02:48 PM AEDT | By Invezz

While the overall stock market outlook for 2024 appears uncertain, JP Morgan’s latest note suggests that investing in small-cap stocks could off...

Here’s why PHUN, BETS, and MULN stocks are so popular

February 12, 2024 11:02 AM AEDT | By Invezz

Bit Brother (BETS), Phunware (PHUN), and Mullen Automotive (MULN) are troubled companies whose stocks have plunged by over 90% from their all-time hig...

YES Bank shares hit 52-week high, find out why

February 08, 2024 03:50 PM AEDT | By Invezz

Shares of YES Bank Ltd continued their upward trajectory in early trading on Thursday, marking another significant gain of 10%. The private lender rea...

NYCB has reportedly approached investors for capital

February 08, 2024 03:44 AM AEDT | By Invezz

New York Community Bancorp Inc (NYSE: NYCB) is down another 15% on Wednesday following a report that it has approached investors for capital. What are...

Roblox Q4 earnings: here’s what CEO Baszucki said in the press relea...

February 08, 2024 12:07 AM AEDT | By Invezz

Roblox Corp (NYSE: RBLX) is trading up in premarket on Wednesday after reporting strong results for its fiscal fourth quarter. How many users does Rob...

Plunging Nigerian naira just dented this FTSE 250 stock

February 07, 2024 09:25 PM AEDT | By Invezz

The tumbling Nigerian naira is hurting local and international companies. PZ Cussons (LON: PZC) share price collapsed by more than 20% on Wednesday as...

Li Auto stock could climb 50% from here: Deutsche Bank analyst

February 07, 2024 03:54 AM AEDT | By Invezz

Li Auto Inc (NASDAQ: LI) has been a disappointment for shareholders over the past three months but a Deutsche Bank analyst is convinced the story movi...

Spotify financial results keep a steady beat going as users rise

February 06, 2024 11:27 PM AEDT | By Invezz

On February 6th, Spotify announced their Q4 and full year financial results for 2023. The company reported some groovy figures, including total revenu...

As the EV bubble pops, beware of these stocks: Nikola, FFIE, MULN

February 06, 2024 09:14 PM AEDT | By Invezz

There are increasing signs that the electric vehicle bubble has popped as stocks of companies, big and small, crash. Taken together, EV investors have...

Disappointing Estée Lauder results reference future layoffs

February 06, 2024 12:32 AM AEDT | By Invezz

The Estée Lauder Companies (including brands like Clinique, Bobbi Brown, The Ordinary, La Mer and Estée Lauder itself), announced its Q2 2024 financia...

FTSE 100 shares to watch: BAE Systems, Vodafone, Rolls-Royce, Royal...

February 05, 2024 06:12 AM AEDT | By Invezz

The FTSE 100 index had another difficult week as the recent rebound faded. The index, which tracks the biggest UK companies, settled at £7,615 on Frid...

U.S. Fed leaves rates unchanged again: here’s what it means for S&P...

February 01, 2024 06:06 AM AEDT | By Invezz

S&P 500 is keeping roughly flat at writing after the U.S. Federal Reserve left its benchmark overnight borrowing rate unchanged at 5.25% to 5.5%....

Here’s why Australia’s ASX 200 index surged to a record high

January 31, 2024 01:02 PM AEDT | By Invezz

Australia stocks are on fire after the encouraging inflation report. The ASX 200 index, which tracks the biggest companies in the country, surged to a...

Luxury in the spotlight as LVMH reports 2023 financial results

January 26, 2024 03:53 AM AEDT | By Invezz

Luxury group LVMH (LVMHF, fully known as LVMH Moet Hennessy Louis Vuitton SE) on January 12th reported its Q4 and full-year 2023 results, after Paris...

What made Processa Pharmaceuticals stock nearly triple on Thursday?

January 26, 2024 03:29 AM AEDT | By Invezz

Processa Pharmaceuticals Inc (NASDAQ: PCSA) says it has completed a safety evaluation of its cancer treatment. Its shares rallied well over 150% on Th...

What’s going on with the Scottish Mortgage (SMT) share price?

January 26, 2024 02:44 AM AEDT | By Invezz

The Scottish Mortgage Trust (LON: SMT) share price has done well in the past few months as technology stocks have bounced back. The stock was trading...

QQQ, IWM, and SPY ETFs brace for a $12 trillion snowball effect

January 19, 2024 07:41 PM AEDT | By Invezz

ETFs that track key American equity indices could benefit from over $12 trillion of cash if the Federal Reserve starts cutting interest rates this yea...

Sanofi has the ‘world’s best immunology pipeline’: CEO Paul Hudson

January 19, 2024 05:36 AM AEDT | By Invezz

Sanofi SA (EPA: SAN) has “perhaps the world’s best immunology pipeline”, says Paul Hudson – chief executive of the healthcare giant. Sanofi stock has...

Here’s why Futu, AMD, and LiveRamp stocks are rising

January 19, 2024 01:43 AM AEDT | By Invezz

American equities were in the red in the pre-market session as investors focused on the ongoing earnings season and the next actions by the Federal Re...