Three consumer stocks worth buying after US midterm elections
Consumer discretionary stocks have emerged as one of the market’s biggest winners in the wake of the US midterm elections.This has been fuelled by easing inflation expectations, falling Treasury yields,…
What next for the IAG share price after earnings?
IAG share price wavered on Friday, reaching a high of 437p, its highest point since August 24, up by 13.7% from its lowest point this month. This performance happened after…
Nasdaq rebounds 1% as chip stocks recover; Dow falls despite strong jobs data
US stocks opened higher on Friday as chipmakers and technology stocks recovered from Thursday’s sharp selloff. The Nasdaq Composite led the rebound, while Dow Jones remained under pressure, as investors…
Airbnb stock analysis after boosting its revenue and profit guidance
Airbnb stock jumped to its highest point since November 2021 after the company published strong financial results. It jumped to $193, up by 136% from its lowest point on record,…
Snap stock falls 10% as revenue and user growth miss estimates
Snap shares SNAP fell more than 10% in premarket trading on Thursday after the social media company reported third-quarter revenue and user numbers that missed Wall Street expectations, raising questions…
Nasdaq opens 1.4% lower as chipmakers and AI infrastructure stocks extend loss
US stocks opened lower on Thursday, with the Nasdaq under pressure as chipmakers and data centre-related stocks extended their declines for a second session. Investors continued to assess the potential…
Wendy’s ‘no’ to Peltz may be a bigger gamble than investors realize
Wendy’s (WEN) is back in the spotlight after rejecting a $1.4 billion take-private offer from a consortium led by activist investor Nelson Peltz’s Trian Fund Management.The proposal offered shareholders $7.35…
Oracle stock in green despite reported $7B Tencent chip deal cancellation
Oracle stock (ORCL) traded slightly higher on Wednesday despite reports that the company had cancelled a $7 billion chip leasing agreement with China’s Tencent following pressure from the Trump administration,…
SpaceX taps Qualcomm for Starlink Mobile: should investors pay attention?
SpaceX (SPCX) and Qualcomm (QCOM) shares are in focus this morning after the two companies announced a partnership that could reshape the future of mobile connectivity in the US.SPCX has…
These 3 are billionaires’ favourite tech stocks
Not every company tied to artificial intelligence (AI) is attracting capital equally.While investors have grown more “selective” toward software names after sharp selloffs in stocks such as Fortinet and have…