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…
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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…
Meta partners with UK’s NatWest and Metro Bank to combat social media fraud
Meta, the parent company of Facebook, has strengthened its fraud detection efforts by collaborating with NatWest and Metro Bank in the UK. This partnership, called the Fraud Intelligence Reciprocal Exchange…
Why global investors should tread carefully amid China’s stock market rise
A 25% surge in Chinese stocks, fueled by Beijing’s recent stimulus measures, has left global money managers scrambling to gain exposure to the country’s stock market. However, despite these attractive…
Futu Holdings stock: is it safe to buy China’s Robinhood?
Futu Holdings (NASDAQ: FUTU) stock price has gone parabolic, rising for three straight weeks, reaching a high of $102.97, its highest point since September 2021. It has soared by over…
Robinhood expands footprint in Europe, introducing crypto transfer features for EU customers
Robinhood has officially announced the expansion of its cryptocurrency services in the European Union, allowing customers to transfer cryptocurrencies in and out of its app. This move marks a significant…