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.”
August 25 2022 🕓 3 min
SP500 jumps ahead of Powell’s speech
This week will provide investors with more insight into the Federal Reserve's plans for interest rate hikes, with Chairman Powell's speech at the Jackson Hole.
August 25 2022 🕓 2 min
Nvidia’s net income down 72% year-on-year
The company posted weaker results in almost all aspects. Thus, the rescue for the company was the data center segment.
Audio article August 22 2022 🕓 3 min
Is another stock market selloff on the way?
While the stock market rallied throughout the summer, it might not be ready for a new all-time high just yet as bearish sentiment still rules.
August 19 2022 🕓 3 min
Bed Bath & Beyond frenzy explained
Another stock has hit the spotlight and is all over the news. It was able to surge by 500% quickly, but now it's down again.
August 16 2022 🕓 2 min
BHP achieved record free cash flow of $24.3 billion
Australian mining company BHP Group experienced strong profit growth at almost all levels in the past financial year.
August 15 2022 🕓 2 min
Saudi Aramco increased year-on-year profit by 90%
Like other oil companies, Aramco benefits from higher oil prices and refinery margins. Demand for oil is expected to continue to grow.
August 13 2022 🕓 2 min
Google must pay a fine of 60 million AUD
The Federal Court in Australia has ordered Google to pay 60 million Australian dollars in fines for misleading users.
August 12 2022 🕓 8 min
SPX bearish thesis – Do not be fooled by inflation report
In this analysis we will release our base case for S&500, which is in our view, undoubtedly high. Market believes there will be a soft landing. We disagree.
August 12 2022 🕓 2 min
Chinese companies are leaving the US stock market
Some of China's biggest companies are exiting the US stock market. The problem is audits and the current situation.
August 11 2022 🕓 3 min
Stocks may fall further despite the inflation drop
While investors celebrate the low unemployment rate and slowing inflation in the US, interest rates could still do some harm to stocks.
August 9 2022 🕓 2 min
Micron announces big investment of $40 billion
Micron Technology is set to expand its semiconductor production in a major way and create up to 40,000 new jobs.
August 8 2022 🕓 2 min
SoftBank reported the biggest loss in its history
SoftBank reported a loss of $24.5 billion for the last quarter. This was mainly due to market conditions and rising interest rates.