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Technology
Airbnb Q4 earnings: ‘Now is time to expand beyond our core business’
February 14, 2024 08:11 AM AEDT| By InvezzAirbnb Inc (NASDAQ: ABNB) is trading up in extended hours after reporting market-beating revenue for its fourth financial quarter. Why else is Airbnb stock up in after-hours? The stock is being rewarded also on encouraging guidance for the future. Ai...
Apple plans to buy German AI startup to strengthen its Vision Pro: Report
February 05, 2024 05:29 PM AEDT| By InvezzApple is planning to acquire Brighter AI, a German startup, according to a media report. In an era where privacy concerns are escalating, Apple’s reported plan to acquire Brighter AI, which specializes in advanced data anonymization techniques,...
Best US stocks to buy in February 2024
February 01, 2024 09:23 PM AEDT| By InvezzUS stocks have started the year well with indices like the Dow Jones, Nasdaq 100, and S&P 500 index surging to their all-time high. This rally has been led by technology companies like Juniper Networks, NVIDIA, Netflix, Palo Alto Network, and AMD...
Amazon just terminated the iRobot deal: find out more
January 30, 2024 12:54 AM AEDT| By InvezziRobot Corporation (NASDAQ: IRBT) tanked another 15% on Monday after Amazon.com Inc (NASDAQ: AMZN) terminated plans of acquiring the consumer robots company for $1.7 billion. Why did Amazon pull out of iRobot deal? The multinational cited “no path to...
SoFi stock pops 10% on another quarter of record revenue
January 29, 2024 11:27 PM AEDT| By InvezzSoFi Technologies Inc (NASDAQ: SOFI) is up nearly 10% in premarket this morning after reporting another quarter of record revenue (adjusted). SoFi stock up despite muted revenue guidance The stock is being rewarded even though the revenue guidance fo...
IBM announces satisfactory financial results in 2023 earnings call
January 25, 2024 07:29 AM AEDT| By InvezzToday, iconic computing company IBM (NYSE: IBM) announced upbeat fourth quarter and year-end 2023 financial results. IBM saw its revenue push up 4.0% year-on-year to $17.4 billion. In terms of gross profit, it was $10.26 billion – up 6.0% versu...
Fisker investors are cheering a big news today: find out more
January 23, 2024 04:38 AM AEDT| By InvezzShares of Fisker Inc (NYSE: FSR) rallied close to 40% on Monday after the EV startup revealed an agreement with an institutional investor. Why does it matter for Fisker stock? The said agreement is a big news for investors as it’s expected to free up...
What is happening to the Alibaba (BABA) stock price?
January 13, 2024 02:10 AM AEDT| By InvezzAlibaba (NYSE: BABA) stock price has underperformed the market in the past few years. After peaking at $315 in 2020, the stock has plunged by over 76%, making it one of the worst-performing big-tech stocks. Its market cap has dropped to $184 billion....
SoFi stock forecast: short-term turbulence, uptrend is intact
January 04, 2024 01:36 AM AEDT| By InvezzSoFi (NASDAQ: SOFI) stock price retreated sharply on Wednesday as American equities continued their slump. The stock crashed by more than 4% after receiving a downgrade from an analyst at Keefe Bruyette. He slimmed the stock target from $7.50 to $6.5...
Coinbase has registered as a VASP in France
December 22, 2023 03:39 AM AEDT| By InvezzCoinbase Global Inc (NASDAQ: COIN) says it has successfully registered as a virtual asset service provider (VASP) in France. Its shares are up 4.0% on Thursday. Coinbase expands into another key market The said approval from AMF effectively enables C...
Nvidia CEO: ‘total independence of supply chain’ from China could take a decade
November 30, 2023 07:32 AM AEDT| By InvezzU.S. chipmakers will continue to rely on China at least to some extent for a very long time, says Jensen Huang. He’s the Chief Executive of Nvidia Corp (NASDAQ: NVDA). Nvidia CEO says national security matters On Wednesday, Huang said that it’s worth...
ARKM price soars after Binance Labs announces investment in Arkham
November 16, 2023 12:43 AM AEDT| By InvezzBinance has announced an investment in blockchain deanonymizing platform Arkham, a deal completed via the crypto exchange’s venture arm Binance Labs. The market’s reaction to the Binance news has seen the price of the native token ARKM jump to...
Michael Barry shorts SOXX: Are the SMH, FTXL, XSD, ETFs at risk?
November 15, 2023 07:00 PM AEDT| By InvezzMichael Burry, who famously predicted the Global Financial Crisis (GFC), has become an active short-seller in the past few years. His activity has had mixed success. For example, he recently placed a short trade on American stock ETFs like the SPDR S...
PayPal stock price forecast: outlook as it moves from growth to value
November 07, 2023 01:08 AM AEDT| By InvezzPayPal (NASDAQ: PYPL) stock price has staged a strong comeback after it published a strong earnings report last week. The shares surged to a high of $56.25 on Monday, about 12.12% from the lowest point this year. Despite the recent jump, the shares h...
PayPal stock price has plummeted: Here’s why I’m buying this dip
October 21, 2023 05:12 AM AEDT| By InvezzPayPal (NASDAQ: PYPL) stock price continued its strong sell-off as concerns about the company’s growth continued. The shares slipped to a low of $53.85 on Friday, the lowest level in more than six years. It has slipped by over 82% from its all-time h...
AITX stock price sits at a record low: is it safe to buy the dip?
October 21, 2023 03:49 AM AEDT| By InvezzThe Artificial Intelligence Technology Solutions (OTCM: AITX) stock price continued its remarkable sell-off as demand for the shares evaporated. The shares crashed to a low of $0.0032 on Friday, a few points above its lowest level on record. They hav...
MultiversX’s EGLD token surges on Google Cloud partnership
October 21, 2023 03:46 AM AEDT| By InvezzMultiversX, the metaverse-focused blockchain platform, has witnessed a substantial boost in its native token, EGLD, following an exciting partnership announcement. The EGLD token price rallied nearly 10% after MultiversX revealed a collaboration with...
Analysts warn of an 80% hit to Samsung’s profit in Q3
October 11, 2023 03:12 AM AEDT| By InvezzSamsung Electronics Co Ltd (KRX: 005930) is in focus today after analysts warned its profit will likely be down an alarming 80% year-on-year in the third quarter. Samsung to see weakness in its semiconductor business The consumer electronics behemoth...
Apple stock price forecast: at a risk as 2 fresh headwinds emerge
September 28, 2023 12:05 PM AEST| By InvezzApple (NASDAQ: AAPL) stock price has been in a freefall and could get worse in the coming days. The shares plunged to a low of $170 on Wednesday, the lowest level since May 23rd. It has retreated by more than 13% from its highest level this year, mea...
Google Bard highlights TRON, Borroe.Finance, and THORChain as leading cryptos for 2023
September 26, 2023 12:37 AM AEST| By InvezzGoogle’s Bard AI was asked to find the best DeFi coins in today’s bear climate. According to the AI tool, Tron’s (TRX) recent partnership with Curve Finance makes it a contender. Likewise, MetaMask’s support for THORChain could brin...
