Here’s why the ZIM Integrated stock could slip 20% after earnings
ZIM Integrated stock price rallied for three consecutive weeks and reached its highest level since August 2022. It has soared by over 334% from its lowest level in 2023, making…
Stock
2463 posts
Samsung shares jump on buyback plan. Here’s what analysts have to say about it
Shares of Samsung Electronics Co. surged by as much as 7.5% in Seoul trading on Monday after the company announced a surprising buyback plan valued at 10 trillion won ($7.2…
Lucid Group stock plunged to $2: Could LCID crash to $1?
Lucid Group stock price tumbled to a record low last week as investors remained concerned about Donald Trump’s threat to end tax credits for electric vehicles. LCID shares plunged to…
The many flavors of Ben & Jerry’s corporate activism
Ben & Jerry’s, the iconic ice cream brand known for its social activism, filed a lawsuit on Wednesday against its parent company, Unilever, accusing the consumer goods giant of censorship…
CLSA shifts focus from China to India amid Trump’s return and economic challenges
Global brokerage CLSA has made a significant pivot in its investment strategy, moving back to Indian equities while reducing exposure to China. . The reversal marks a significant move for…
Michael Burry loads up on Alibaba stock: should you buy it too?
“Big Short” investor Michael Burry raised his stake in Alibaba Group Holdings Ltd (NYSE: BABA) by 30% in the third quarter. He expects the tech stock to rally on the…
China opens Chancay port in Peru, boosting influence in Latin America
China is set to strengthen its position in Latin America with the official opening of the first phase of the Chancay port project, located 70 kilometers north of Lima. This…
GM lays off 1,000 employees as part of cost-cutting and realignment effort
General Motors (GM) laid off approximately 1,000 employees on Friday as part of a broader effort to reduce costs and realign its priorities in response to shifting market conditions, according…
Bloom stock poised for massive gains after AEP deal, analyst says
Bloom Energy Corp (NYSE: BE) announced a supply agreement with American Electric Power Company Inc (NASDAQ: AEP) for up to 1 gigawatt of its solid oxide fuel cells on Friday.…
Warren Buffett’s craving for Domino’s: is pizza the new apple?
Warren Buffett’s Berkshire Hathaway revealed intriguing shifts in its investment strategy during the third quarter, adding new positions in Domino’s Pizza and Pool Corp. while trimming holdings in long-time favorites…