What is the end goal of China’s stimulus plan?
China has made significant moves to stimulate its economy over the past months, mainly due to mounting economic pressures. The People’s Bank of China (PBoC) recently implemented one of its…
Deutsche Bank beat third-quarter expectations, but what drove the surge?
Deutsche Bank, Germany’s largest lender, returned to profit in the third quarter, reporting a net income of €1.461 billion ($1.58 billion) attributable to shareholders. This surpasses the €1.047 billion forecast…
UK’s largest mortgage lender, Lloyds, reports third-quarter profits: Buy LLOY stock?
Lloyds Banking Group announced on Wednesday that its third-quarter profits exceeded expectations, reflecting growing financial confidence among its customers and reaffirming its performance guidance for 2024. The UK’s largest mortgage…
Are there more gains ahead for AppLovin?
AppLovin Corp (NASDAQ: APP) continues its remarkable ascent, hitting new all-time highs daily, including a peak of $163.13 yesterday. On October 22, Loop Capital initiated coverage on the stock with…
Prove AI launches enterprise-focused AI governance solution on Hedera blockchain
Prove AI AG, known for its state-of-the-art AI governance solutions, is launching its artificial intelligence product on the Hedera blockchain. With this move, Prove AI is prioritizing enterprise-focused solutions. Hedera@hedera·Follow🚨…
Luckin Coffee stock analysis: Is Cotti Coffee a big threat?
Luckin Coffee (LKNCY) stock price has retreated in the past few days, moving from this month’s high of $28.80 to $23.35. It has dropped by about 40% from its highest…
XPeng stock price analysis: technicals point to a 40% jump
The XPeng (XPEV) stock price has pulled back after peaking at $13.73 on September 30th as most Chinese companies were soaring. It retreated to $1o.8 on Monday, 21% below the…
The bullish case for the First Solar stock price
First Solar (FSLR) stock has crashed and moved into a technical bear market as traders focus on the ongoing US presidential election and the rising odds that Donald Trump will…
When will US election results be declared? Key dates to watch
The highly anticipated 2024 US presidential election between Republican candidate Donald Trump and incumbent Vice President Kamala Harris, representing the Democrats, is set for November 5. With the political stakes…
European car sales decline for first time in two years; EV sales provide some relief
Car sales in Europe took a hit in September, marking the first consecutive monthly decline in over two years as the region’s economy remained sluggish and consumers cut back on…