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As Tesla shares struggle in 2025, short sellers pocket $11.5B in profits
Invezz· 2025-04-22 18:38
Tesla shareholders have had a rough ride in 2025, with the stock tumbling a staggering 44% this year. Meanwhile, short sellers are laughing all the way to the bank, raking in a jaw-dropping $11.5 billion in mark-to-market profits, as per data from S3 Partners.That’s based on Tesla’s closing price of $227.50 on Monday.Tesla’s stock gained around 4% on Tuesday, alongside broader market gains, as investors awaited the company’s first-quarter earnings report due after the market close. The electric vehicle make ...
GE stock price forms giant megaphone pattern ahead of earnings
Invezz· 2025-04-18 05:15
GE Aerospace’s stock price is under pressure in 2025 as last year’s rally takes a breather and as investors assess the impact of Donald Trump’s tariffs on all countries. The stock was trading at $181.80 on Thursday, down by 15% from its highest point this year. This article provides a GE forecast ahead of its earnings.GE Aerospace business is thriving Copy link to section GE Aerospace is one of the biggest industrial companies in the United States, with a market cap of over $193 billion.It is what remained ...
Google sued for £5 billion in UK over alleged abuse of ad dominance
Invezz· 2025-04-16 10:04
Google is facing a major legal challenge in the United Kingdom, where a class action lawsuit has been filed seeking over £5 billion in damages over allegations the company exploited its dominance in online search advertising to overcharge businesses. The case, lodged with the UK's Competition Appeal Tribunal on Wednesday, accuses the tech giant of using its control over the search engine market to stifle rivals and cement its position as the default destination for online search advertising. The suit is bei ...
Here's why the Chipotle Mexican Grill stock price is falling apart
Invezz· 2024-07-10 09:02
Chipotle Mexican Grill’s (NYSE: CMG) stock price is falling apart after having one of the most spectacular performances in the past few years. It is nearing a bear market as it dropped by more than 17% from its highest point this year. It has now plunged to its lowest point this year.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Restaurant stocks are fallingCopy link to sectionThe first main reason why Chipotle’s stock is tumbling is that it is trad ...
Alibaba stock price analysis: the comeback could be epic
Invezz· 2024-07-10 07:30
Alibaba (NYSE: BABA) stock price record of underperformance has continued this year. It has dropped by over 1.50% this year as the Nasdaq 100 and S&P 500 indices soared by double digits. The stock has also dropped by over 54% while the two indices have risen by over 80%.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Alibaba has become a big fallen angel, meaning that $10,000 invested in it in October 2020 would now be worth just $2,442.  Good and hig ...
Faraday Future stock price in trouble as bankruptcy risks rise
Invezz· 2024-06-25 09:51
The Faraday Future (NASDAQ: FFIE) stock price has tumbled as I predicted last week. It plunged by over 17% on Monday’s regular session followed by a 20% plunge during the pre-market session. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Faraday Future reverse stock splitCopy link to sectionThe stock crash happened after the troubled Tesla rival announced a new plan to regain compliance with the Nasdaq. In it, the company will implement a 40:1 revers ...
Amazon is building a ChatGPT rival codenamed ‘Metis'
Invezz· 2024-06-24 21:17
Follow Invezz on Telegram , Twitter , and Google News for instant updates >Amazon.com Inc (NASDAQ: AMZN) is in focus today following a report that it’s working on a new AI chatbot that will compete with the world renowned ChatGPT. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Shares of the tech titan are currently up some 25% versus their year-to-date low.  What we know about ‘Metis’ so farCopy link to sectionAndy Jassy – the chief executive of AMZN ...
Riot Platforms just withdrew its offer to takeover Bitfarms: find out more
Invezz· 2024-06-24 14:08
Core Viewpoint - Riot Platforms withdrew its $2.30 per share offer to acquire Bitfarms, which was valued at approximately $950 million, but remains committed to pursuing a transaction contingent on changes to Bitfarms' board [1][2][3]. Group 1: Acquisition Dynamics - Bitfarms rejected Riot Platforms' acquisition proposal, prompting Riot to seek board changes as a prerequisite for further negotiations [2][3]. - Riot Platforms nominated three candidates for Bitfarms' board, indicating a strategy to gain influence within Bitfarms' governance structure [3]. - Riot holds a nearly 15% stake in Bitfarms, which it is leveraging to push for boardroom changes essential for advancing acquisition plans [3]. Group 2: Financial Performance - Bitfarms reported $50 million in revenue for Q1, reflecting a year-over-year increase of about 9.0%, with a gross mining margin of 59% [4]. - The Canadian tax authorities confirmed a $24 million VAT refund for Bitfarms, enhancing its financial flexibility for future growth initiatives [5].
Investors eye these 4 top-performing semiconductor stocks for quick returns
Invezz· 2024-05-15 19:24
Semiconductor stocks have been the front and centre of all financial debates as investors and analysts alike continue to focus on artificial intelligence this year. Having said that, here are the top 4 top-performing semiconductor stocks for quick returns.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Nvidia Corp (NASDAQ: NVDA)Copy link to sectionOur list of best performing semiconductor stocks just had to begin with Nvidia as continues to be the top ...
Baidu may team up with Tesla on self-driving Robotaxi production in China
Invezz· 2024-05-15 10:06
Follow Invezz on Telegram , Twitter , and Google News for instant updates >Baidu Inc. is exploring a potential collaboration with Tesla Inc. to produce Tesla’s self-driving Robotaxi in China.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.This announcement was made by Xu Baoqiang, the general manager of Baidu’s autonomous driving vehicle unit, in a Weibo post on Wednesday. Baidu’s plan depend on Tesla’s market entryCopy link to sectionXu explained tha ...