July 1 2022 🕓 2 min
General Motors is facing a major chip shortage
GM was unable to deliver nearly 100,000 vehicles in the second quarter because it was short of chips and other parts.
Tag: s&p 500
June 20 2022 🕓 2 min
SP500 ticks higher but remains in a bear market
Volatility will likely be low throughout the day, possibly helping the SP500 index to stay in positive territory.
June 8 2022 🕓 2 min
Spotify shares rise on news of podcast growth
Spotify shares gained nearly 6% after its investor day. The rise was mainly due to news regarding the podcast.
June 7 2022 🕓 2 min
Under Armour will be removed from the S&P 500 index
Under Armour Inc. will be removed from the S&P 500 index. It's due to poor corporate results and a not-so-cheerful future outlook.
May 27 2022 🕓 3 min
SP500 returns above 4,000 USD again
It looks like we might see a strong rally as the index has posted a large bottoming pattern.
May 27 2022 🕓 2 min
Bitcoin remains in the range amid surprising event
Bitcoin has not shown a lot in the past week, since it remains in the same range. Yet, it offered a bit of a surprising event. What was it?
May 27 2022 🕓 2 min
Broadcom makes one of the largest acquisitions
Broadcom has agreed to buy cloud services provider VMware for $61 billion in cash and stock. It is the second-largest acquisition this year.
May 23 2022 🕓 3 min
SP500 advances toward 4,000 USD
Can we expect a bear market rally in SP500? The index remains heavily oversold.
May 18 2022 🕓 2 min
Russian division of Google to declare bankruptcy
Google says it has no choice because the authorities have seized its bank account, preventing it from making even the most routine payments.
May 16 2022 🕓 3 min
SP500 falls below 4,000 USD as big banks sound negative
Wall Street analysts are increasingly pessimistic about the outlook for equities, and Goldman Sachs has become the latest to lower its year-end price forecast for the SP500 index.
May 13 2022 🕓 2 min
Apple is no longer the most valuable company in the world
Apple lost its position as the most valuable company in the world by market capitalization due to a massive sell-off in technology stocks.
May 11 2022 🕓 3 min
Electronic Arts grow after earnings thanks to positive news
EA reported positive results and a promising future outlook. Shares are up 10% despite the announcement of the end of cooperation with FIFA.