BT CEO reveals plans of stepping down

BT Group (LON: BT.A) is roughly flat on Monday after its CEO Philip Jansen revealed plans of stepping down within the next twelve months. BT stock has...

Fisker to raise additional capital as cash burn continues

Fisker Automotive (NYSE: FSR), an upcoming electric vehicle company is raising additional capital to boost its balance sheet. In a statement, the firm...

JEPI ETF is lagging the SPY: Here’s why it’s still a good buy

The JPMorgan Equity Premium Income (JEPI) ETF has underperformed the broader market this year as the S&P 500 index has jumped. JEPI is up by about...

ZIM Integrated stock: Outlook as shipping costs plunge continues

ZIM Integrated (NYSE: ZIM) stock price has moved sideways in the past few days as investors assess trends in the shipping industry. The shares were tr...

Rivian stock up 85% in two weeks could rally further: Wedbush’s Ives

Rivian Automotive Inc (NASDAQ: RIVN) could rally further on top of 85% that it has already gained over the past two weeks, says Dan Ives – a Wed...

Invesco QQQ ETF investors: Buy JP Morgan’s JEPQ too

Investing in technology stocks and ETFs has been a great way to make money over the years. In this period, companies like Tesla, Amazon, and Google ha...

Shell expects impairments worth up to $3.0 billion in Q2

Shell PLC (LON: SHEL) expects scheduled maintenance to result in a sequential decline in its upstream production in the second quarter. Shell will rep...

FDA approves Biogen’s Leqembi: the Alzheimer’s drug will ‘surprise t...

Biogen Inc (NASDAQ: BIIB) is trading down this morning even though the Food and Drug Administration awarded full approval to its Alzheimer’s dru...

Levi’s lowers outlook: ‘H2 is being set up much stronger’

Levi Strauss & Co (NYSE: LEVI) opened nearly 10% down on Friday after reporting roughly in-line financial results for its second quarter.   L...

China slaps Ant Group with a near $1.0 billion fine

People’s Bank of China announced one of the biggest fines on record against Ant Group on Friday. Why did the PBOC hit Ant with a fine? The Aliba...

Twitter threatens to sue Meta Platforms over its new ‘Threads’ app

Meta Platforms Inc (NASDAQ: META) remains in focus today after Elon Musk threatened to sue it over “Threads” – a recently launched a...

GBP/TRY: Pound to lira outlook after Turkey hikes taxes

The Turkish lira continued slipping on Friday as the Erdogan administration boosted taxes to fund its earthquake repairs efforts. The pound to lira (G...

Ocado share price rally stalled: Is it a good buy in July?

Ocado Group (LON: OCDO) share price is in a wait-and-see mode as investors assess the recent takeover rumours. The stock was trading at 567p on Friday...

Flare Network partners with Ankr, introducing data-rich & interopera...

A strategic partnership sees smart contract platform Flare Network joining forces with Ankr, a top blockchain node provider. That comes as the former...

Analysts are upbeat about Entain share price as it trails Flutter

Entain (LON: ENT) share price has diverged from that of Flutter Entertainment. For a long time, Entain was the better performer of the two. This trend...

Elon Musk net worth balloons; now $54B richer than Bernard Arnault

Elon Musk’s net worth has broken out, helped by the surgeon Tesla stock price and SpaceX valuation. Data compiled by Bloomberg pegs Musk’s...

Prestige Wealth stock: Learn from TOP, AMTD and avoid PWM

Prestige Wealth Inc (NASDAQ: PWM) stock price made headlines on Thursday when it almost doubled on its first trading day. The shares jumped to $5.40 o...

Wheat price braces for a bumper Russia, EU, India harvest

Wheat prices have erased most of the gains made last month as investors watch the upcoming grain deal expiry. After peaking at $752 in June, the price...

NFL agrees to extend its partnership with Genius Sports Ltd

Genius Sports Ltd (NYSE: GENI) ended more than 25% up on Thursday after announcing a multi-year extension on its partnership with the NFL – Nati...

Currys skips dividend after swinging to loss in fiscal 2023

Currys PLC (LON: CURY) ended nearly 10% down on Thursday after reporting a pre-tax loss for its full financial year. Currys 2023 financial highlights...