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Fed's dovish stance fuels gold surge as experts eye further gains
Invezz· 2025-10-15 09:54
It seems like there is no stopping gold's current rally. Gold prices on COMEX breached the $4,200-per-ounce mark on Wednesday for the first time on rising expectations of further interest rate cuts b... ...
Alphabet's Waymo plans to launch robotaxi services on London roads
Invezz· 2025-10-15 09:41
Core Viewpoint - Alphabet's Waymo is set to launch its robotaxi services in London, marking its entry into the European market, with plans for commercial operations by 2026 pending regulatory approvals [1][2][10] Company Plans - Waymo will begin test drives in London with human safety specialists in the coming months, using Jaguar iPACE electric vehicles equipped with its autonomous driving system [2][5][7] - The company has established engineering teams in Oxford and London and will collaborate with Moove for fleet operations and maintenance [7] Safety and Performance - Waymo claims its vehicles are involved in five times fewer injury-causing collisions and twelve times fewer pedestrian-related incidents compared to human drivers, based on internal data [8] - The autonomous vehicles have logged 100 million fully autonomous miles and provided over 10 million paid rides to date [8] Market Context - The UK has introduced an accelerated framework for commercial pilots of autonomous vehicles to attract investment in self-driving technology [9] - Waymo operates approximately 1,500 vehicles in the US, serving over 250,000 paid trips per week, and is expanding its operations to Miami, Washington D.C., and New York City [6][11] Financial Overview - Waymo is part of Alphabet's "Other Bets" segment, which reported $373 million in revenue in Q2 alongside a loss of $1.25 billion [9] - Alphabet is scheduled to release its third-quarter results on October 29, amid a competitive global autonomous vehicle market [10]
Here's why the Burberry share price jumped after LVMH earnings
Invezz· 2025-10-15 09:20
Burberry share price jumped by 6.50% on Wednesday as investors reacted to the latest earnings from LVMH, the biggest company in the industry. BRBY stock jumped by 6% to 1,235p, up from last month's lo... ...
Will the Rolls-Royce share price hit 1,000p or 1,200p first?
Invezz· 2025-10-15 08:23
Core Viewpoint - The Rolls-Royce share price has recently declined from a year-to-date high of 1,195p to 1,115p as investors take profits while awaiting upcoming trading updates [1] Summary by Relevant Sections - **Share Price Movement** - Rolls-Royce's share price has decreased from 1,195p to 1,115p in the past few days [1] - This decline represents a profit-taking action by investors [1] - **Investor Behavior** - Investors are booking profits ahead of the anticipated trading updates [1]
Apple leans on China to steady supply chain amid US tariff risks
Invezz· 2025-10-15 07:40
Core Insights - Apple Inc. is navigating the challenges posed by political pressure from the U.S. government while also managing its reliance on Chinese manufacturing [1] - CEO Tim Cook's recent visit to China highlights the company's efforts to maintain strong ties with the Chinese market amidst geopolitical tensions [1] Company Summary - The company is facing increasing scrutiny from Washington regarding its operations in China, which is critical for its supply chain and manufacturing [1] - Tim Cook's reaffirmation of Apple's commitment to China indicates the importance of the region for the company's overall strategy and revenue generation [1] Industry Context - The broader tech industry is similarly affected by the geopolitical landscape, with companies needing to balance operational efficiency in China against potential political repercussions in the U.S. [1] - The reliance on Chinese manufacturing is a common theme among major tech firms, making the industry vulnerable to shifts in political relations [1]
ASML share price forecast after earnings: buy or sell?
Invezz· 2025-10-15 07:21
Core Insights - ASML's share price increased to €846, reflecting a rise of approximately 67% due to strong financial results driven by demand in the artificial intelligence sector [1] Financial Performance - The company reported robust financial results that indicate a significant demand in the artificial intelligence industry [1]
Rigetti stock analysis: $8 million revenue and $17 billion valuation?
Invezz· 2025-10-14 21:01
Rigetti Computing stock price has gone vertical in the past few month, helped by the ongoing hype surrounding the quantum computing industry. This growth has pushed it from a penny stock trading below... ...
Ericsson shares surge 19% after earnings beat and optimistic outlook
Invezz· 2025-10-14 18:21
Ericsson (NASDAQ: ERIC) shares surged sharply on Tuesday after the Swedish telecom and software services provider posted quarterly earnings that exceeded analyst expectations. The company's stronger-t... ...
Nova Minerals surges over 100% on US-Australia critical minerals engagement
Invezz· 2025-10-14 17:38
Core Viewpoint - Nova Minerals Ltd experienced a stock increase of over 100% following an approach from the Australian Ambassador to the United States regarding a briefing on its Este project [1] Company Summary - The stock of Nova Minerals Ltd (NASDAQ: NVA) surged more than 100% on Tuesday [1] - The company was contacted by the Australian Ambassador to the United States for a briefing on its Este project [1]
Polaris shares surge 11% as Indian Motorcycle spin-off boosts profit outlook
Invezz· 2025-10-14 17:09
Core Viewpoint - Shares of Polaris increased by over 11% following the announcement of the spin-off of its Indian Motorcycle division and a projected third-quarter profit that exceeds Wall Street expectations [1] Company Summary - Polaris is a US power-sports vehicle manufacturer that has decided to spin off its Indian Motorcycle division, indicating a strategic shift in its business operations [1] - The company has projected a third-quarter profit that surpasses Wall Street's expectations, which has positively influenced its stock performance [1] Market Reaction - The announcement led to a significant rise in Polaris's stock price, reflecting investor confidence in the company's strategic decisions and financial outlook [1]