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Stocks in the US opened trading on a high note on Wednesday while investors tried to come to terms with their losses following the worst day for stocks since the middle of 2020. Not long after the bells went off for trade to begin, the Dow went up by 0.1%, the S&P 500 saw a … Read more
Stocks in the US experienced huge selling pressure on Tuesday following the publication of the awaited inflation figures for August. The report revealed that prices were stronger than expected last month. Stocks Began to Fall Almost immediately after the inflation report was released, Nasdaq shares dropped by about 1.8% while S&P 500 lost 1.2%, and … Read more
Lynas Corporation has seen its shares in red in 2022, attracting dib buyers. Recently, a broker named Lynas “gold standard” in rare producers’ space. His analysis hinges on escalated geopolitical worries between the Western and China. The Lynas stock price has plummeted substantially within the past six months. Time to buy? The Lynas Rare Earths … Read more
City Chic shares have seen a fire week following the earnings. The stock has lost approximately 25% within the previous month. The company revealed that trading remained broadly flat Y/Y, with August witnessing a momentum return. The City Chic Collective share trades at $1.79 after losing another 12% during Friday’s sessions. That means the stock … Read more
Briefly – BT share price hiked today after the government concluded its Drahi review. Patrick Drahi remained the leading stakeholder in the firm. The stock has printed a triple-top setup on the 24hr chart. BT Group’s share saw its price gaining over 2% today as market participants responded to the recent updates about Patrick Drahi’s … Read more
The week has Dow Jones adding 2.92%, Nasdaq +3.8, and S&P 500 +3/25%. Data showed the US CPI was less than expected in July. Market players anticipate less hawkishness from Fed. Wall Street’s three primary indexes surged over the past week as signals that inflation could have peaked last month amplified investor confidence about an … Read more
Briefly – IWG share plummeted after the half-year results. Its revenue increased by 22.3% Y/Y amid continued hybrid work growth. Market players remain concerned about the firm’s growth. IWG’s share price declined on Tuesday. The drop emerged after the WeWork rival announced weak earnings. Meanwhile, the stock plunged towards the 157.85 lows, the lowest mark … Read more
Briefly – The S&P 500 has seen impressive bullish trends. It hiked despite the corporate earnings growth rising at the slowest momentum since 2020. The dear & green index surged to the neutral region. S&P 500 hovered around its highest mark since 7 June 2022 as market players concentrated on the current earnings season. Meanwhile, … Read more
Briefly- Apply announced strong Q3 results. Directors revealed a $0.23 per share quarterly dividend. Apple enjoys steady iPhone demand. Apple (NASDAQ: AAPL) revealed stable third-quarter earnings this Thursday. Moreover, the board of directors revealed a $0.23 per quarter share dividend. Apple confirmed its capacity to increase sales even amidst uncertain times for the United States … Read more
Briefly Verizon Communications announced its Q2 outcomes on Friday. Verizon updates the 2022 financial year’s guidance. The steady support area stands at $40. Verizon Communications announced its second-quarter earnings on Friday and revised its guidance for the financial year 2022. Its stock trades under NYSE: VZ ticker. Meanwhile, Verizon shared deteriorated to $43.77 from $51.22 … Read more
Briefly – The Wise share price gained over 10% on Tuesday. The company announced its users increased to 2.7%. Its revenue surged to more than 185M pounds during the quarter. Wise (LON: WISE) share witnessed its price gaining over 10% during Tuesday’s early sessions. The leg up emerged after the firm announced massive quarterly earnings. … Read more
Tesla might dominate the headline, but you can enjoy massive long-term wealth with these stocks. Electric cars accounted for about 8.6% of passenger vehicles sold last year, but Tesla (TSLA) still dominates the EVs marketplace. As the space closes into mass adoption, there are companies with the growth & product capacity to outshine Tesla. Rivian … Read more