ChargePoint stock has imploded: will it rebound like EVgo?
ChargePoint (CHPT) stock price has imploded this year, falling by over 41% while the S&P 500 and Nasdaq 100 have surged to a record high. It has also underperformed other…
Stock
1479 posts
Indian markets tumble amid escalating Middle East tensions; auto and oil stocks take a hit
Indian equity benchmarks, BSE Sensex and NSE Nifty 50 tanked at the opening bell on Thursday on weak global cues due to rising tensions in the Middle East. Indian markets…
China’s market rebound attracts global investors, pulls capital away from Asian rivals
A significant rally in Chinese stocks is prompting a shift in global portfolios, as investors seek to capitalize on new opportunities, Bloomberg has reported. Following Beijing’s aggressive economic stimulus measures,…
KLM reorganization set to boost profits by €450 million annually with cost cuts and fleet renewal
LM has announced a restructuring plan aimed at increasing its profits by €450 million per year over the next few years. The Dutch airline is grappling with rising costs, including…
Is the soaring Hims & Hers stock a good investment?
Hims & Hers (NASDAQ: HIMS) stock has done well since the company went public a few years ago. It has soared by over 193% in the last 12 months and…
European stocks slip as tech and auto sectors plunge, inflation data fuels rate cut hopes
European stock markets closed lower on Thursday, with the technology sector leading the decline, notably impacted by German software giant SAP. Investors were also digesting critical inflation data from the…
Samsung to cut thousands of jobs amid struggles in AI market
Samsung Electronics Co. is poised to significantly reduce its global workforce, with layoffs planned across Southeast Asia, Australia, and New Zealand. Sources close to the situation told Bloomberg that approximately…
Warner Bros stock a dirt cheap bargain or a value trap?
Warner Bros. Discovery (NASDAQ: WBD) stock has been one of the worst performers in the media industry this year. It has dropped by over 28% this year, while the S&P…
Ireland set to invest Apple’s €14bn tax windfall in critical infrastructure
Earlier this month, Apple was ordered to pay €14bn in back taxes to Ireland, following a long-standing legal battle with the European Commission. The unexpected financial windfall is set to…
Red alert as the Petrobras forms the risky diamond pattern
Petrobras (PBR) stock price has moved sideways in the past few months as traders focused on the ongoing oil and gas volatility. Its American ADRs were trading at $15 on…