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.”
November 29 2022 🕓 3 min
Hibbett dumps after horrific earnings
A massive decline for the stock price amid worsening fundamental situation.
★ Premium This content is only available for registered users - sign up for free now November 29 2022 🕓 3 min
S&P 500 can fall much lower per 2008 crisis comparison
Several red lights are flashing as the S&P 500 enters a dangerous zone. The stock index could drop notably soon.
November 28 2022 🕓 3 min
S&P 500 fails at 200-day average again
The new started has started on a negative note as investors exited their long positions in risky assets.
November 27 2022 🕓 3 min
Chevron receives permit for oil production in Venezuela
Chevron has been given permission to resume oil production in Venezuela. All exports are expected to go back to the US.
November 25 2022 🕓 3 min
DAX struggles after a massive rally
Volatility could be lower today, but it looks like the rally in DAX has run out of steam.
November 25 2022 🕓 5 min
Solvency of Coinbase is questionable as COIN is down 90%
Coinbase is one of the earliest and largest crypto exchanges. However, 2022 is a problematic year for the exchange.
November 24 2022 🕓 4 min
Google to lay off 10 000 employees
Alphabet will lay off a chunk of employees based on billionare investor's complaint. Google stock is retaining bullish outlook.
November 24 2022 🕓 3 min
Credit Suisse drops to cycle lows as wealthy clients exit
Another day, another news of a troubled financial institution Credit Suisse.
November 23 2022 🕓 3 min
Best Buy flies after surprising earnings
Today's massive rally in BBY might stop at the 200-day moving average after rising more than 12% on Tuesday.
November 22 2022 🕓 3 min
Tesla falls to 2-year lows amid more software issues
It looks like the euphoric days for TSLA stock price are over for now.
November 21 2022 🕓 4 min
Stock indices may drop again soon – here’s why
Stock indexes recently had a relief rally in a devastating bear market. However, the downtrend may return.
November 19 2022 🕓 7 min
Three safe stocks that grow their dividends in recessions
The recession caused investors to look for less risky assets. These may be dividend stocks with less volatility and regular payouts.