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.”
May 1 2022 🕓 3 min
DAX posts large weekly reversal bar
It looks like the negative sentiment from the beginning of the week is gone and bulls jumped back into the market.
April 29 2022 🕓 2 min
Apple in a great condition after quarterly results
On Thursday, Apple reported results for the first three months of 2022 that exceeded analysts' expectations.
April 28 2022 🕓 2 min
Teladoc shares fall after Q1 earnings release
Teladoc reported larger than expected losses for Q1 and its shares is in freefall. They have already lost over 80% in the last year.
April 28 2022 🕓 2 min
BlackRock launches its blockchain-focused ETF
The world's largest asset manager has launched a blockchain ETF. At the same time, the company is very bullish for the future.
April 27 2022 🕓 2 min
Coca-Cola beats analysts’ estimates
Coca-Cola beat analysts' expectations in the first quarter. However, it does not expect good results in the next quarter.
April 26 2022 🕓 2 min
Free speech fans rejoice, Musk bought the whole of Twitter
Twitter has reached an agreement with entrepreneur Elon Musk to sell. Musk will buy the company for about $44 billion.
April 26 2022 🕓 3 min
FTSE falls toward 200-day average amid inflation pressures
The FTSE 100 index struggles to stay in the 7,600GBP region, likely leading to another leg lower over the following days.
April 25 2022 🕓 3 min
SP500 falls toward March lows
This week could be the hottest of the company earnings season, with lots of notable firms across a range of different sectors reporting results.
April 25 2022 🕓 2 min
Nissan shares fall after Renault announcement
Shares of Nissan Motor fell 4% after report that major shareholder Renault SA may consider reducing its stake in the Japanese carmaker.
April 23 2022 🕓 2 min
EU sets new rules for tech giants
Google, Meta, Microsoft and other big online platforms will have to focus more on fighting illegal content.
April 22 2022 🕓 2 min
Verizon stocks falls after updated 2022 outlook
Stocks of Verizon Communication plunged more than 6% after the telecom giant lowered its profit expectations for 2022.
April 21 2022 🕓 3 min
Dow rises to 10-week highs
This week has been a banner one for equities as the Dow Jones Index has risen every day, reaching 35,450 USD for the first time since February 10.