Business news

Plus500 share price shoots up despite CMC Markets warning
June 13, 2023 09:18 AM PDT | By InvezzPlus500 (LON: PLUS) share price went vertical even as concerns about the online trading companies retreated. The stock jumped by more than 8% on Tuesd...

JPMorgan agrees to settle with victims of Jeffrey Epstein
June 12, 2023 11:36 AM PDT | By InvezzJPMorgan Chase & Co (NYSE: JPM) is in focus today after the investment bank settled with victims of sexual predator Jeffrey Epstein. JPMorgan to p...

Don’t invest in QQQ ETF: Buy QQQM instead as tech stocks rise
June 12, 2023 10:30 AM PDT | By InvezzTechnology stocks have jumped sharply this year, helped by mega companies like Nvidia, Apple, Microsoft, and Meta Platforms. The tech-heavy Nasdaq 100...

Abrdn share price is rising: buy the stock if this happens
June 12, 2023 09:03 AM PDT | By InvezzAbrdn (LON: ABDN) share price has made a spectacular recovery this year as market conditions improve. The shares jumped to a high of 220p on Monday, t...

Nasdaq agrees to buy Adenza for $10.5 billion
June 12, 2023 07:50 AM PDT | By InvezzNasdaq Inc (NASDAQ: NDAQ) opened about 10% down this morning after it confirmed plans of buying Adenza Group Inc for $10.5 billion. Details of the Nas...

IVV, SPY, and S&P 500 ETFs have more upside – Goldman Sachs
June 12, 2023 01:45 AM PDT | By InvezzAmerican stocks are doing well, helped by big technology companies like Tesla, Apple, Nvidia, and Microsoft. The S&P 500 index moved to a bull mar...

SBI share price analysis: Is the State Bank of India a good buy?
June 11, 2023 11:50 PM PDT | By InvezzThe State Bank of India (NSE: SBIN) share price retreated sharply on Friday after the biggest Indian bank announced plans to raise additional capital....

The “Magnificent 7” – mega-tech stocks that led the market higher
June 08, 2023 11:11 PM PDT | By InvezzIn a time when many investors talk about the next US recession, the stock market ignores all the traditional warnings and keeps marching higher. For e...

Don’t buy Cathie Wood’s ARKK stock: Buy this ETF instead
June 08, 2023 11:10 PM PDT | By InvezzThe Ark Innovation Fund (ARKK) ETF has bounced back this year, helped by the ongoing recovery of the stock market and technology companies. Cathie Woo...

DocuSign CEO on Q1 earnings: ‘we are well-positioned for future’
June 08, 2023 02:46 PM PDT | By InvezzDocuSign Inc (NASDAQ: DOCU) jumped 10% in extended trading on Thursday after reporting market-beating results for its first financial quarter. DocuSig...

Amazon stock price forecast: Wells Fargo sees a 30% upside
June 08, 2023 10:02 AM PDT | By InvezzAmazon.com Inc (NASDAQ: AMZN) is already up nearly 45% for the year but a Wells Fargo analyst says it’ll unlock a lot more upside in the coming...

FirstGroup stays on track despite strikes and losing TransPennine fr...
June 07, 2023 02:45 PM PDT | By PAMEDIAThe bus and rail group said it expects ‘broadly consistent’ earnings from its trains business in the year to next March.

Affirm doubles down on its partnership with Amazon
June 07, 2023 12:42 PM PDT | By InvezzAffirm Holdings Inc (NASDAQ: AFRM) is trading up today after the financial technology company doubled down on working with Amazon.com Inc (NASDAQ: AMZ...

Tesla agrees in principle to establish a local vendor base in India
June 07, 2023 10:30 AM PDT | By InvezzShares of Tesla Inc (NASDAQ: TSLA) climbed to a year-to-date high this morning after CEO Elon Musk agreed in principle to set up a local vendor base i...

WTI crude oil price forecast after the newest Saudi Arabia productio...
June 07, 2023 04:31 AM PDT | By InvezzThe energy market participants were stunt on Sunday as news broke out that Saudi Arabia will intervene solo in the oil market. In the past, it vowed n...

Turkish lira hits record lows at start of Erdogan’s new presidential...
June 06, 2023 04:28 PM PDT | By PAMEDIAThe Turkish currency has weakened by around 20% since the start of the year.

Here are the worst performing commodities in 2023
June 06, 2023 09:07 AM PDT | By InvezzCommodity prices are having a bad year. The closely watched Invesco Commodity Tracking Index (DBC) is hovering near the lowest level since February 20...

DIA, IWM, QQQ, SPY ETFs brace for a major liquidity crisis risk
June 05, 2023 09:36 PM PDT | By InvezzAmerican stocks have done well in the past few months as the macro environment improves. Invesco QQQ, which tracks the Nasdaq 100 index, has spiked by...

World Bank offers dim outlook for the global economy
June 05, 2023 08:57 PM PDT | By PAMEDIAThe bank’s latest Global Economic Prospects report, which it issued on Tuesday, marks an upgrade from its previous forecast in January.

SSE to pay £9.8m penalty for licence breach
June 05, 2023 02:02 PM PDT | By PAMEDIAOfgem said SSE’s generation arm overcharged the electricity system operator to lower output from the Foyers pumped storage power station in Scotland.