May 11 2023 🕓 3 min
Rivian rises with strong results and future plans
Rivian may be in a good spot for a buy, as the company reported not as bad results as expected. Will this be only a correction?
Market Movers
May 12 2023
NZD weakens on all fronts
The New Zealand dollar (NZD) fell on all fronts on Friday. NZD/USD is down 1.4% and NZD/JPY dropped 1.2%, while GBP/NZD is up 1.3%.
May 12 2023
Inflation levels update
The annual inflation rate in India dropped from 5.6% in March to 4.7% in April. Brazil’s inflation fell from 4.6% to 4.1%. However, inflation in Spain accelerated from 3.3% to 4.1%, and France’s inflation jumped from 5.7% to 5.9%.
May 12 2023
Mark Cuban praises AI
The potential of AI, according to Mark Cuban, is “beyond anything I’ve ever seen,” and he compared ChatGPT to the early days of the internet. Cuban has a straightforward piece of advice for businesses: join the AI race or perish. Cuban stated, “There are two types of companies in the world: those who are great at AI and everyone else.”
December 22 2022 🕓 3 min
FedEx defends gains after encouraging earnings report
The price stayed in the uptrend channel, likely moving higher in the near future amid "positive" earnings report.
December 21 2022 🕓 3 min
Nike soars to 6-mth highs after optimistic earnings results
Nike Inc. shares were headed for their most significant jump in more than a year after the retailer's quarterly sales surpassed Wall Street's expectations.
December 20 2022 🕓 3 min
Amazon trades at COVID crash lows amid bearish sentiment
The Amazon's stock price keeps falling, however, for long-term investors it might be a good entry point.
December 19 2022 🕓 3 min
DAX climbs after IFO survey, but remains fragile
Today’s optimistic German data helped the DAX index to move higher.
December 18 2022 🕓 3 min
Investors are too bearish – time to be a contrarian?
Investors are getting pessimistic due to skyrocketing interest rates, but some indicators point to a potential bottom in the stock market.
December 17 2022 🕓 2 min
Twitter bans prominent journalists – Musk explains why
Another highly followed “scandalous” event at Twitter.
December 16 2022 🕓 3 min
Gloomy sentiment over economy closes the week in red
Investors move back to safe spots with a gloomy sentiment after this weeks' central bank fiesta. Dollar and gold both benefit from it.
December 16 2022 🕓 3 min
Meta Platforms advances after unique upgrade
It looks like today's upgrade wont be enough to cancel the ongoing bearish trend.
December 15 2022 🕓 3 min
FTSE 100 slides despite a dovish BoE rate hike
Rates went up in England too, prompting some bearish momentum in the FTSE 100 index.
December 14 2022 🕓 3 min
Tesla falls below another key technical level
Tesla is having a rough year. Will it recover?
December 13 2022 🕓 3 min
Nasdaq rockets higher after US inflation miss
Another massive rally after US inflation data brought the index closer toward the critical 200-day moving average,
December 12 2022 🕓 3 min
S&P 500 defends short-term support
This week, investors will be watching CPI and Fed, as these two key macroeconomic events are anticipated to shed light on future trajectory of interest rates.