SpaceX stock SPCX gained on Monday after Bernstein SocGen Group reiterated its Outperform rating and $248 price target, while highlighting uncertainty around the company’s direct-to-device mobile business. Bernstein remains positive …
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Crude oil prices held in a tight range this week as investors focused on the stalemate between the US and Iran. Brent, the global benchmark, ended the week at $88.28 …
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The Kospi Index has come under intense pressure in the past few months as top constituents like Samsung Electronics and SK Hynix lost momentum and as wary South Koreans pare …
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Business
Invezz Explains: why you should closely watch payrolls, claims, ADP and JOLTS data
by adminby adminEvery week, people are handed another piece of US jobs data and told it matters for markets. News platforms, including Invezz, report initial and continuing jobless claims every week, before …
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Stock
How Meta’s $18B teen safety settlement could reshape social media regulation
by adminby adminAs governments and regulators around the world intensify scrutiny of social media’s impact on children, Meta’s landmark US settlement marks a major shift in how technology companies may be held …
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Federal Reserve Chair Kevin Warsh signaled that the US central bank may need to do more to contain inflation, arguing that recent improvements in price data have not provided enough …
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Investing
Is it a golden opportunity to buy ServiceNow stock as a rare pattern nears?
by adminby adminServiceNow stock has remained in a strong bull run this month, moving to its highest level since January this year. NOW has soared to $138, up by 70% from its …
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Stock
Pentagon defeated: Anthropic poised for blockbuster IPO after landmark court win
by adminby adminArtificial intelligence powerhouse Anthropic secured a milestone victory late Thursday when US District Judge Rita Lin declared the Pentagon’s attempts to blacklist the firm illegal. The court ruled that Defense …
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Business
US PCE in July higher than expected at 3.7%, but core PCE matches forecast
by adminby adminUS consumer prices rose slightly in July, with the Federal Reserve’s preferred inflation gauge showing that price pressures remain elevated as policymakers weigh the next move on interest rates. The …
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IREN stock jumped over 4%, mirroring gains at other neocloud companies like CoreWeave and Nebius following strong Nvidia earnings and guidance. Shares climbed to $43.25, but this rally will be …