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…
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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…
Bernard Arnault surpasses Mark Zuckerberg as world’s 3rd richest, LVMH shares skyrocket 14%
The luxury sector has seen a recent upturn, propelling Bernard Arnault, the CEO of Louis Vuitton Moët Hennessy (LVMH), to reclaim his position as the third richest person in the…
AbbVie stock analysis: Rinvoq and Skyrizi are big catalysts
AbbVie (ABBV) stock price has done well this year as it surged to a record high of $200. It has jumped by more than 32% this year, outperforming the S&P…
Greece to sell 10% stake in National Bank of Greece, targeting up to €727 million
Greece is poised to sell a 10% stake in the National Bank of Greece (NBG) as it continues its broader privatization efforts, which have seen the state reduce its holdings…
As the IHG share price soars, does it have more upside?
Intercontinental Hotels Group (IHG) share price has done well this year, rising by over 24% in London. It soared to a high of 8,345p, its highest point since July 17,…
Stellantis plunges 14% after lowering forecast: what’s driving the struggles?
Stellantis NV lowered its annual forecasts on Monday, citing increasing costs related to restructuring its US business and intensifying competition from Chinese electric vehicle (EV) makers, triggering a more than…