January 27 2023 🕓 3 min
Intel craters after terrible earnings and catastrophic guidance
Terrible earnings sent the stock price lower, but the overall positive sentiment could lead to some dip buying.
Market Movers
January 27 2023
EU natural gas falls 20% in one week 📉
The price of natural gas in Europe tumbled for the fifth day in a row, dropping below 54€ on Friday. Prices have dropped 20% in just one week and are now close to levels not seen since September 2021.
January 27 2023
Tesla hodls its bitcoins
Tesla announced it didn’t sell any Bitcoin in Q4 2022. However, its portfolio was at $184 million, down from $218 million at the end of Q3 due to the drop in Bitcoin’s price. This loss should now be erased as Bitcoin surged massively in January.
January 27 2023
Adani’s stock falls more than 16% 📉
After Hindenburg accused Adani Group (ADANIENT) of massive fraud, the stock plunged significantly. The stock is now down over 16% in just one day and 33% from its peak.
January 27 2023 🕓 3 min
Hindenburg shorts Adani Group, firm of the third richest man on planet
A large Indian conglomerate, Adani Group, has been accused of frauds by Hindenburg, a company shortselling the stock.
January 26 2023 🕓 3 min
Nasdaq flies toward 200-day average after batch of US data
Today's optimistic US data failed to derail the rally in Nasdaq as it climbed back above $12,000.
January 24 2023 🕓 2 min
Spotify’s stock price enjoys “the bye-bye” to 6% of employees
Spotify investors cheered, employees not so much, as the company let 6% of the people go.
January 24 2023 🕓 8 min
Stock Analysis: Lowered prices for Tesla cars could spark the demand
Tesla decreased the price of its model. In the very preliminary data, it shows up as a great management step due to increased demand.
January 23 2023 🕓 2 min
S&P 500 jumps sharply to a monthly high
Another day, another short squeeze higher, sending the S&P 500 index above $4,000.
January 23 2023 🕓 3 min
Salesforce soars as significant investor steps in
Another large investor bought a stake in Salesforce, pushing the stock price notably higher Monday.
January 20 2023 🕓 3 min
Alphabet flies to 1-mth highs after a massive lay-off
Bad news for employees, but certainly good news for the markets as the stock price is flying higher.
January 18 2023 🕓 7 min
How to analyze the stock market with financial ratios?
Investors can use several financial ratios to their advantage to outperform the market, but they must understand other things too.
January 18 2023 🕓 3 min
Nikkei soars as BoJ leaves monetary policy unchanged
Today's BoJ decision sent the JPY plunging, while the Nikkei index managed to score some pretty gains.
January 17 2023 🕓 3 min
S&P 500 trades flat, awaits further impetus for direction
Investment banks posted mixed results, dragging the index down initially, but it managed to erase losses to trade slightly higher on the day.
January 17 2023 🕓 3 min
FTSE 100 touches record highs – where is the top?
Bullish sentiment continued this week, with the British index approaching all-time highs.
January 16 2023 🕓 3 min
Investment banks kick off another earnings season
Financial institutions will be under scrutiny this week as the new earnings season has begun.