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 18 2022 🕓 3 min
JD had encouraging earnings results – what’s next?
JD managed to score some nice gains following the earnings report. However, the 200-day average poses a major resistance.
November 17 2022 🕓 3 min
Seagate continues to underperform, down 50% YTD
The company has suffered from a series of earnings misses and has seen its share price trending downward.
November 16 2022 🕓 3 min
Nasdaq pauses rally as sentiment fizzles
Sentiment has deteriorated today, sending stocks lower, but the short-term outlook still seems bullish.
November 15 2022 🕓 3 min
ALLY stays bearish as fundamentals worsen
It looks like the bear market will continue for this financial corporation until the economic outlook improves.
November 13 2022 🕓 3 min
Is COIN ready to accelerate amid all the crypto chaos?
Despite last week's FTX collapse, the Coinbase stock price surged notably.
November 11 2022 🕓 3 min
S&P 500 skyrockets after US inflation moderates
Equity markets enjoyed tasteful gains, pushing the S&P 500 index nearly 5% higher as investors bought stocks following the US inflation data.
November 10 2022 🕓 3 min
Disney craters after horrible earnings
Another massive decline for a well-known stock Walt Disney.
November 10 2022 🕓 2 min
Meta will lay off 11 000 employees
Reasons include fluctuations in the company's market value, a decline in advertising revenue and uncertainty about its future direction.
November 9 2022 🕓 3 min
Nasdaq hovers around 11,000
This week will be dominated by the midterm elections in the United States, as well as the release of the October inflation figures.
November 8 2022 🕓 4 min
Stock indices outlook: DAX, Nasdaq and S&P 500
This market outlook will analyse three major stock indices and explore the current trading opportunities.
November 7 2022 🕓 3 min
Meta jumps following mass layoffs report
Bad news for people, good news for Wall Street! The stock soars following news of a significant reduction in Meta's workforce.
November 6 2022 🕓 2 min
US midterm elections – how can they affect markets?
Can the midterm elections affect the markets more significantly? Are there any segments that could do better in the period ahead?