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 7 2022 🕓 4 min
Anyone can now bet against Jim Cramer with new Inverse ETF
A new way of investing may soon be available to investors who don't think Jim Cramer's tips are profitable and bet against them.
October 6 2022 🕓 3 min
Dow Jones tries to stay above 30,000 USD
Stocks trade today without a clear direction, but volatility persists as Dow tries to stay above 30,000 mark.
October 6 2022 🕓 3 min
Papa John’s faces mounting issues, shares fall
This article discusses the issues facing Papa John's Pizza, and whether investors should avoid the stock.
October 3 2022 🕓 2 min
Tesla delivers record number of vehicles in Q3
Tesla delivered 35% more vehicles to customers in Q3 than in Q2. However, it's still less than expected and the stock is falling.
October 3 2022 🕓 3 min
Credit Suisse drops 10% amid market speculations
Investors are worried that the spike in credit default swaps may worsen the situation and cause a lot of problems.
October 1 2022 🕓 3 min
Is there an end to Meta’s rapid growth?
Meta Platforms will reduce the number of employees for the first time since its foundation. Budgets will be cut for most teams.
September 30 2022 🕓 3 min
S&P 500 tries to stay above major support
Bulls are trying to defend major support. If they fail, further declines could follow.
September 29 2022 🕓 3 min
DAX erases Wednesday’s gains, remains bearish
Another batch of week data and rising inflation sent EU stocks lower.
September 27 2022 🕓 3 min
S&P 500 bounces from a strong level
Big banks are turning bearish on US stocks as the S&P 500 index dropped to its June lows.
September 27 2022 🕓 3 min
FTSE tests significant support
The FTSE 100 index remains on track to break below the psychological level of 7,000 GBP.
September 26 2022 🕓 3 min
Toll Brothers undermined by soaring mortgage rates
The bearish sentiment is expected to continue as long as rates remain in their uptrend.
September 25 2022 🕓 3 min
Honda has to cut production due to chip shortage
Honda has to cut production by 40% at one factory and 30% at another. This is primarily due to a shortage of chips.