Technology

Indian IT stocks extend losses: Infosys, L&T, Wipro fall for fifth session on US spending concerns
March 13, 2025 07:13 PM AEDT| By InvezzIndian IT stocks extended their losing streak for the fifth consecutive session as concerns over slowing US discretionary spending weighed on investor sentiment. The Nifty IT index remained in the red, contrasting with broader market gains, and slipp...

Nebius Group stock price outlook: will the NBIS crash continue?
March 13, 2025 07:00 PM AEDT| By InvezzNebius Group stock price has collapsed and moved into a bear market after falling by over 44% from its highest level this year. NBIS has plunged to a low of $25 after peaking at $50.8 earlier this year. So, is it safe to buy the Nebius stock price di...

ServiceNow stock price analysis as a dangerous pattern forms
March 13, 2025 06:00 PM AEDT| By InvezzServiceNow stock price has crashed and formed a death cross this year as concerns about its pricey valuation and slow growth momentum continue. NOW dropped to a low of $779 this week, the lowest swing since August 7. So, is it safe to buy the NOW cra...

Virtual Protocol (VIRTUAL) revenue plunges 99% as AI agent demand declines
March 12, 2025 08:20 PM AEDT| By InvezzThe decentralized AI platform Virtual Protocol has seen a notable decline in daily trading revenue. According to Dune Analytics data, the metric has slumped from $1,016,229 on 2 January to yesterday’s 14,850 – a 98.54% dip. Virtual Protocol fac...

PayPal stock price forecast: why PYPL is crashing, and what next
March 12, 2025 03:05 PM AEDT| By InvezzPayPal stock price has suffered a big reversal this year as concerns about its growth trajectory returned. After rising to $93.67 in December, the PYPL share price has collapsed by over 27% to trade at $67.9. It is hovering at the lowest swing since...

Why these analysts want you to ‘buy the dip’ in Nvidia
March 05, 2025 05:42 AM AEDT| By InvezzConcerns that the AI-driven rally in Nvidia stock may be losing steam appear “a little premature,” according to analysts at Bernstein, who maintain a positive outlook on the semiconductor giant. After years of extraordinary gains, Nvidia’s stock has...

Marvell stock is overvalued: will MRVL rise or fall after earnings?
March 03, 2025 09:01 PM AEDT| By InvezzMarvell Technology (MRVL) stock price has crashed for three consecutive days, reaching a low of $86.30, its lowest level since November 4. MRVL has plunged by over 27% from its highest level this year. So, will the MRVL share price rise or fall after...

AppLovin falls over 13% as short-sellers Culper Research, Fuzzy Panda accuse company of fraud
February 27, 2025 05:45 AM AEDT| By InvezzAppLovin shares tumbled more than 13% on Wednesday after two short-selling research firms, Culper Research and Fuzzy Panda Research, published critical reports alleging fraudulent advertising practices and data privacy violations. The stock drop foll...

NVDA stock climbs 3% ahead of earnings: what to expect
February 27, 2025 02:05 AM AEDT| By InvezzNvidia shares were in the green on Wednesday morning. The NVDA stock climbed up sharply after market open, going up over 3% to hit an intraday high of $131.60. The chip giant is set to report its fourth-quarter financial results on Wednesday after th...

Nexo partners with Acapulco Tennis Open in landmark deal
February 25, 2025 08:40 PM AEDT| By InvezzNexo, a top-tier digital assets wealth platform, has stepped onto the global sports stage by partnering with the Abierto Mexicano Telcel presentado por HSBC, commonly known as the Acapulco Tennis Open. This collaboration marks a significant move for...

Salesforce stock price forecast: risky pattern emerges ahead of earnings
February 23, 2025 04:17 PM AEDT| By InvezzSalesforce stock price has retreated in the past few weeks and moved into a bear market this year after falling by 15% from its all-time high. The CRM share price plunged to a low of $310, its lowest swing since November 8. So, what next for the Sale...

Palantir stock continues slide on Thursday: why these analysts remain bullish
February 21, 2025 05:37 AM AEDT| By InvezzPalantir shares continued to decline on Thursday, extending a sharp sell-off. The stock fell nearly 9%, following Wednesday’s 10% drop, which marked its worst trading day since May. The sell-off came after shares briefly reached an all-time high earl...

Lenovo’s profit jumps to $693M in Q3 as global PC demand picks up
February 20, 2025 04:55 PM AEDT| By InvezzChinese technology giant Lenovo (0992.HK) reported a 20% year-on-year increase in third-quarter revenue, highlighting a rebound in global PC demand following a prolonged industry slump. The world’s largest PC manufacturer posted $18.8 billion in reve...

Palantir stock slides over 12% on reports of defence budget cuts
February 20, 2025 08:34 AM AEDT| By InvezzShares of Palantir tumbled as much as 12.5% on Wednesday following a report that the Pentagon has been directed to prepare for 8% annual defense budget cuts in each of the next five years. Palantir, known for its defense contracting work, provides so...

Best European defense stocks to own after Munich Security Conference
February 20, 2025 04:55 AM AEDT| By InvezzEuropean officials talked of increasing spending on defense at the Munich Security Conference over the weekend, which could prove to be a meaningful tailwind for the regional defense stocks. “We estimate potential sector upside of 30%, at 3% of GDP (...

Compass stock price forms a megaphone pattern ahead of earnings
February 18, 2025 05:02 PM AEDT| By InvezzCompass stock price has done well in the past few months. Most recently, it has risen in the last five consecutive weeks and is sitting at its highest level since June 2022. It has soared by 335% from its lowest point in 2023. So, will the COMP share...

Coinbase could soon join the S&P 500 index
February 18, 2025 04:01 AM AEDT| By InvezzCoinbase Global Inc (NASDAQ: COIN) has nearly doubled over the past five months already but an Oppenheimer analyst remains convinced that it still has a lot more room to the upside. Own Lau maintained his “buy” rating on the crypto company following...

New DeepSeek downloads suspended in South Korea: But why?
February 17, 2025 04:28 PM AEDT| By InvezzSouth Korea’s data protection authority has announced a suspension of new downloads for the Chinese AI app DeepSeek, citing the app’s failure to comply with the country’s stringent privacy regulations. The decision, which took effec...

DeepSeek impact? Baidu and OpenAI offer free chatbots through Ernie Bot and GPT-5
February 15, 2025 02:50 AM AEDT| By InvezzBaidu, China’s largest internet search company, announced that it will offer its AI chatbot Ernie Bot for free starting April 1, as competition in the AI sector heats up. The AI service will be accessible at no cost to all users on both desktop and m...

Lockstep with US? UK’s new AI strategy sparks debate over global cooperation
February 14, 2025 10:40 PM AEDT| By InvezzThe United Kingdom has announced a significant realignment of its artificial intelligence strategy, marked by a partnership with US-based AI firm Anthropic and a revised mission for its AI safety institute. The shift signals a clear prioritization of...