Accenture Plc (NYSE: ACN) is in focus this morning after announcing plans of buying Fibermind – a network services company based out of Palermo, Italy. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.The Irish professional services giant completed its acquisition of Parsionate as well on June 6th. Details of Accenture-Fibermind agreementCopy link to sectionAccenture Plc did not disclose what it’s willing to pay for Fibermind on Wednesday. Accenture di ...

Nasdaq Stockholm, Nasdaq Inc’s stock exchange in Sweden, has been fined 100 million Swedish kronor ($9.6 million) by the country’s financial watchdog, the Financial Supervisory Authority (Finansinspektionen), over deficiencies in monitoring insider trading violations.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.The regulatory body found flaws in how Nasdaq Stockholm conducted its trade monitoring during significant company events in 2021 and 2022. ...

Accenture (NYSE: ACN) stock price has nosedived since March as investors focus on the upcoming earnings. It has dived by more than 26% from its highest point this year, meaning that it has moved into a deep bear market. Other IT consulting companies like Infosys and Wipro have also dived.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Accenture earnings aheadCopy link to sectionAccenture, one of the biggest consulting companies in the world, will be i ...

Core Viewpoint - Semiconductor stocks are currently at the forefront of financial discussions, particularly due to the focus on artificial intelligence, with several companies showing strong performance and growth potential in this sector [1]. Group 1: Nvidia Corp (NASDAQ: NVDA) - Nvidia is highlighted as a leading semiconductor stock, with shares nearly doubling since the start of 2024, and expectations for further growth [2]. - The company reported a revenue increase of over 300% to $22 billion in Q4, with projections of $24 billion for the current quarter, driven by AI demand [2]. - Analyst Blayne Curtis from Jefferies maintains a "buy" rating, predicting the stock could reach $1,200 per share [2]. Group 2: Qualcomm Inc (NASDAQ: QCOM) - Qualcomm's net income rose by 37% in the second quarter, making it a strong candidate for quick returns [3]. - The company provided guidance for the current quarter that exceeded market expectations and offers a dividend yield of 1.75% [4]. - Qualcomm ended its last fiscal year with over $11 billion in cash equivalents, ensuring the sustainability of its dividend payments [4]. - The stock has increased by more than 40% since the beginning of 2024 [4]. Group 3: Arm Holding PLC (NASDAQ: ARM) - Arm is recognized for its technology that powers nearly all smartphones globally, making it a valuable semiconductor stock [5]. - Shares are currently down approximately 25% from their year-to-date high in February, presenting a potential buying opportunity [5]. - The company reported a 47% annualized growth in Q4 revenue and anticipates launching its own AI chips in 2025 [5]. Group 4: Taiwan Semiconductor (NYSE: TSM) - Taiwan Semiconductor is noted for its critical role in the AI sector, with analysts stating that "all AI roads must go through" TSM [6]. - The company expects a revenue rebound of about 23% and a 19% increase in EPS for the year following a weaker 2023 [6]. - TSM reported a 60% year-over-year increase in sales for April, amounting to NT$236 billion [6]. - The stock also offers a dividend yield of 1.60% [6].

Follow Invezz on Telegram , Twitter , and Google News for instant updates >Mastercard (NYSE: MA) and Standard Chartered Bank Hong Kong (SCBHK) have successfully completed the first live test of tokenised deposits using blockchain technology within Hong Kong’s fintech sandbox.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.This initiative marks a significant step forward in exploring the potential of blockchain in revolutionising banking transactions a ...

Group 1 - GameStop Corp. experienced a temporary trading suspension due to high volatility, with shares dropping by 25% shortly after the market opened [1] - After the initial suspension, GameStop's stock continued to decline, falling by 29.48% to $34.41 at 9:54 am ET, prompting a second trading halt [2] - The sharp drop in GameStop's share price followed significant gains earlier in the week, where shares surged by more than 100% on Monday and Tuesday due to investor speculation and market dynamics [3] Group 2 - The extreme volatility in GameStop's stock underscores the unpredictable nature of the market, especially for stocks known for rapid and dramatic price movements [4]

Nio Inc (NYSE: NIO) is pushing further to the upside in premarket on Wednesday after a JPMorgan analyst removed his bear rating from shares of the electric vehicles company. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Nio stock receives an upgradeCopy link to sectionNick Lai expects battery as a service (BAAS) strategy of the EV firm to be a meaningful tailwind for its share price.  He upgraded Nio stock this morning to “neutral” and said:By succe ...

Artificial intelligence remains paramount for investors on Wednesday after Google announced its most powerful AI model to date. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Tech firms remain committed to AICopy link to sectionThe multinational introduced Gemini 1.5 Flash at its annual developers conference last night. The response time of its new artificial intelligence model is significantly better than the 1.5 Pro.  Also this week, OpenAI rolled ...

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 ...

Tomorrow, Walmart Inc, one the largest US multinational retailers in the world, reports its earnings for the first quarter of its FY 2025. And they’re more important than you might think – even if you’re not a Walmart investor.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Why are Walmart earnings important?Copy link to sectionWhat many people don’t know is that Walmart is often considered by analysts to be a bellwether stock for the average American ...