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.”
October 25 2022 🕓 3 min
Nasdaq pumps to one-month highs after weak US data
Once again, the bad news is good news for the stock market, pushing it higher after miserable US data.
October 25 2022 🕓 3 min
Tesla falls following China report
The electric vehicle manufacturer saw its shares fall as much as 7% on Monday morning following the company's decision to lower the price of some of its cars.
October 22 2022 🕓 3 min
S&P 500 shoots higher after WSJ report
This week has been a bit lighter in economic news, but investors are still waiting for the Fed's decision on 75bps and the FOMC debate.
October 21 2022 🕓 2 min
Snap delivered poor results – shares fall by 30%
Snap has delivered disappointing results for the third consecutive quarter. It is even the slowest revenue growth in its history.
October 20 2022 🕓 3 min
Apple slides amid production cut reports
It looks like Apple could soon start another massive rally.
October 18 2022 🕓 3 min
Goldman Sachs jumps after earnings, but bears reappear
This is a good day for Goldman Sachs, as the Wall Street powerhouse reported better-than-expected earnings and announced a strategic reorganization.
October 18 2022 🕓 3 min
Dow pumps as earnings season begins
The US stock market experienced another volatile day, this time, to the upside.
October 16 2022 🕓 3 min
Volkswagen wants to strengthen its position in China
German carmaker Volkswagen has agreed a joint venture with Chinese firm Horizon Robotics. It's another step towards autonomous driving.
October 15 2022 🕓 3 min
S&P 500 sinks, erases CPI gains
Bears regained control today, quickly selling yesterday's massive rally.
October 12 2022 🕓 3 min
FTSE erases October gains, turns south
This week, the British FTSE equity index has dropped due to the Bank of England's comments regarding the end of the bond-buying program.
October 11 2022 🕓 4 min
Will ads save or destroy Netflix?
In the last few years, Netflix has become a rock star in the stock market, but rising competition caused Netflix to reconsider its setup.
October 7 2022 🕓 3 min
DAX awaits US jobs data at crucial level
We could see some nice movements after today's US jobs report, with the DAX index sitting at key support heading into the release.