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Verizon names former PayPal chief Daniel Schulman as new CEO
Invezz· 2025-10-06 14:02
Verizon Communications has appointed Daniel Schulman, its lead independent director and former PayPal chief executive, as its new CEO, marking a significant leadership transition as the company faces ... ...
BYD becomes the UK's fastest-growing EV maker as sales jump 880%
Invezz· 2025-10-06 13:54
Core Insights - BYD has become the fastest-growing electric vehicle brand in the UK, with an impressive 880% year-on-year increase in sales last month [1] - The company sold a total of 11,271 cars during this period, indicating a significant surge in demand for its electric vehicles [1] Sales Performance - The 880% increase in sales reflects a strong market presence and consumer interest in BYD's electric vehicle offerings [1] - The total sales figure of 11,271 cars showcases BYD's rapid expansion in the competitive UK automotive market [1]
US stocks bullish at open: S&P 500 climbs 0.3%, Nasdaq surges 0.6%
Invezz· 2025-10-06 13:46
Stocks rose on Monday as optimism over a major regional bank merger and a surge in AMD shares offset concerns surrounding the ongoing government shutdown, now in its second week. The S&P 500 gained 0.... ...
IonQ and Rigetti stocks and the quantum computing bubble
Invezz· 2025-10-06 13:02
Core Insights - IonQ and Rigetti have seen significant stock price increases, evolving into multi-billion-dollar companies [1] - Rigetti's stock (RGTI) has surged by 5,255% over the past 12 months, significantly boosting its market capitalization [1]
Micron shares jump as Morgan Stanley upgrades stock on AI-driven memory boom
Invezz· 2025-10-06 12:45
Core Viewpoint - Micron Technology shares increased over 4.5% to $196.32 in premarket trading following an upgrade from Morgan Stanley, which changed its rating from "equal-weight" to "overweight" and raised the price target from $160 to $220 [1] Company Summary - Micron Technology's stock performance reflects positive market sentiment after the upgrade by Morgan Stanley [1] - The price target adjustment indicates increased confidence in Micron's future performance and growth potential [1]
Aston Martin shares fall 7% after expectation of wider losses
Invezz· 2025-10-06 12:27
Aston Martin Lagonda Global Holdings Plc after issued a profit warning on Monday after its third-quarter deliveries fell short of expectations, sending shares down as much as 7%. ...
Comerica to be acquired by Fifth Third Bank in $10.9 bn all-stock deal
Invezz· 2025-10-06 12:08
Fifth Third Bank announced on Monday that it will acquire Dallas-based financial services company Comerica in an all-stock transaction valued at approximately $10.9 billion, creating the ninth-largest... ...
AMD leaps 26% after striking multibillion dollar deal with OpenAI
Invezz· 2025-10-06 11:23
Core Insights - Advanced Micro Devices Inc. (AMD) has formed a significant partnership with OpenAI to provide large-scale artificial intelligence infrastructure, which the company believes could lead to substantial revenue generation in the future [1] Group 1: Partnership Details - The collaboration with OpenAI is expected to enhance AMD's capabilities in the AI sector, positioning the company as a key player in the rapidly growing market for AI technologies [1] - AMD aims to leverage its advanced chip technology to support OpenAI's infrastructure needs, potentially leading to increased demand for its products [1] Group 2: Market Implications - This partnership is anticipated to create new revenue streams for AMD, with projections indicating that it could generate tens of billions in revenue over time [1] - The move aligns with industry trends where semiconductor companies are increasingly focusing on AI and machine learning applications to drive growth [1]
Critical Metals' shares surge on report US eyeing equity stake in company
Invezz· 2025-10-06 10:58
Shares of Critical Metals (CRML) surged more than 75% in premarket trading on Monday after reports surfaced that the US government is in discussions to take an equity stake in the New York-based minin... ...
Here's why the Rolls-Royce share price is up 105% in 2025
Invezz· 2025-10-06 06:13
Core Viewpoint - Rolls-Royce share price is experiencing a strong rally and is currently at its all-time high, making it one of the best-performing companies in the FTSE 100 Index this year [1] Company Performance - The surge in Rolls-Royce share price indicates significant investor confidence and strong market performance [1] - Rolls-Royce is recognized as one of the top performers within the FTSE 100 Index for the current year [1] Market Context - The performance of Rolls-Royce reflects broader trends in the market, particularly within the aerospace and defense sectors, which may be contributing to its stock price increase [1]