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.”
September 24 2022 🕓 2 min
Mercedes is making parts to stock up – afraid of gas
Mercedes-Benz is worried about possible gas rationing in the winter. It is therefore manufacturing parts for inventory.
September 22 2022 🕓 4 min
Here are 3 reasons why stocks may continue to dive
2022 brought a lot of pain to investors as central banks hike rates & battle inflation. Is the fight over or are we just halfway through?
September 21 2022 🕓 2 min
Nasdaq volatile after Fed’s 75 bps rate hike
The Fed hiked rates yet again, causing volatility in the markets.
September 21 2022 🕓 3 min
Clearfield trades above major support
It looks like the company could defend the uptrend, despite the clear bearish trend in equity indices.
September 20 2022 🕓 3 min
Porsche IPO could raise up to $9.4 billion for Volkswagen
It looks like the Volkswagen stock price could advance toward the 200-day moving average after the news.
Audio article September 18 2022 🕓 2 min
Second look at FedEx fiasco – the biggest daily drop ever
This is the biggest daily drop ever for FedEx after the company reported weak earnings and guidance.
September 16 2022 🕓 3 min
Is the FedEx fall reason to panic?
FedEx surprised investors with its less than estimated quarter results and showed a clean bearish outlook on 2022 as its stock tumbled by 20%.
September 14 2022 🕓 3 min
JD tests key support despite positive fundamentals
This past quarter, JD reported better than expected results. The company experienced an increase in EBITDA margin and an increase in EPS.
September 13 2022 🕓 3 min
S&P 500 drops like a rock after US inflation data
It looks like bulls were wrong and inflation will not ease as quickly as anticipated.
September 13 2022 🕓 3 min
Newmont Corporation – oversold, but still bearish
This is a bear market for Newmont shares. The company has been in one since April and has seen its share price decline steadily since.
September 10 2022 🕓 2 min
Unexpected partnership of Rivian and Mercedes?
Rivian and Mercedes are planning to cooperate in a common factory in Central or Eastern Europe. Together they want to produce electric vans.
September 9 2022 🕓 3 min
EU STOXX jumps amid short-covering rally
Despite the recent barrage of hawkish comments and rate hikes, EU equities surged strongly today.