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Plug Power announces a much-awaited funding
Invezz· 2024-05-14 13:32
Plug Power Inc (NASDAQ: PLUG) is up more than 50% at writing after announcing a “conditional commitment” for a $1.66 billion loan guarantee from the DOE (Department of Energy). Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.What will $PLUG do with the new funds?Copy link to sectionThe $2.5 billion company based out of Latham, New York plans on using the funds to expand its network of hydrogen plants across the United States.  $PLUG is convinced the f ...
Walmart pre-earnings alert: Don't buy yet
Invezz· 2024-05-14 12:14
As Walmart Inc. (NYSE:WMT) gears up to reveal its Q1 2025 earnings on May 16, 2024, investors are eagerly awaiting insights into the retail giant’s performance. Amidst a flurry of projections and expectations, analysts have painted a mixed picture for Walmart’s upcoming financials.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Forecasts suggest revenue of $158.0 billion, adjusted EBITDA of $9.56 billion, operating profit of $6.56 billion, and earning ...
Alibaba Group reports 96% plummet in net income with BABA earnings
Invezz· 2024-05-14 11:39
Follow Invezz on Telegram , Twitter , and Google News for instant updates >Alibaba Group Holdings reported some truly concerning Q4 2024 financial results today before US markets opened.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.After a difficult quarter for the Chinese economy, as well as intensifying competition from online shopping rivals such as Temu, investors weren’t sure what to expect from the earnings – except that they would improve upo ...
A 250% gain in GameStop stock within days is ‘frankly stupid'
Invezz· 2024-05-14 11:32
GameStop Corp (NYSE: GME) is up another 50% in premarket on Tuesday as retail investors continue to pile into shares of the video gaming merchandise retailer.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Cole Smead shares view on $GME rallyCopy link to sectionWhile many have pulled off exceptional returns from return of the meme stock craze, the chief executive of Smead Capital Management continues to liken it to gambling.  He’s against participatin ...
China asks tech companies to buy less of Nvidia chips
Invezz· 2024-05-13 16:24
Nvidia Corp (NASDAQ: NVDA) is in focus today following a report that China has asked its tech companies to prefer local AI chips. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Why does it matter for Nvidia stock?Copy link to sectionThe news is significant for the semiconductor behemoth as its H20, L20, and L2 chips are tailor made for China.  Peers that may also take a beating as Beijing pushes further to phase out foreign-made AI chips include Adva ...
Can Intel's woes come to an end?
Invezz· 2024-05-13 16:23
Intel Corporation (NASDAQ:INTC) has been through some tough times lately. After reporting its earnings for the first quarter of 2024, its stock took a hit, dropping from above $35 to below $30 recently. The company’s guidance for the next quarter wasn’t as good as expected, which worried investors.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Intel predicted its revenue for the second quarter of 2024 would be between $12.5 billion and $13.5 billion. ...
Tesla halts production of Model 2 to focus on Robotaxi, reports say
Invezz· 2024-05-13 15:32
Tesla Inc., under the leadership of CEO Elon Musk, has reportedly canceled the nearly completed production of its anticipated low-cost electric vehicle (EV), the Model 2, according to a report by The Information released on Monday.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.This decision comes as a surprise as the vehicle was nearing the end of its development phase. Tesla’s engineering challenges and strategic pivotCopy link to sectionSources clo ...
Alibaba earnings forecast: Should you buy or sell the BABA dip?
Invezz· 2024-05-13 13:36
Considered by many to be one of the biggest jewels of the Chinese economy, Alibaba Holding Limited (BABA) has been considered ‘China’s Amazon’ and an investors’ darling for years.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.But the once-mighty online retail giant has seen a gradual slide in its stock price since the heights of its powers during pandemic-era 2020, which saw Alibaba’s stock price regularly top 300 Hong Kong dollars (HKD) as online sh ...
GameStop stock opened 45% up on Monday: here's why
Invezz· 2024-05-13 13:17
GameStop Corp (NYSE: GME) opened about 40% up on Monday after “Roaring Kitty” made a post on “X” for the first time since 2021. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Why does Roaring Kitty matter for $GME?Copy link to sectionThat’s significant since Keith Gill who goes by “Roaring Kitty” on X and “DeepF******Value” on Reddit is the one who inspired the short squeeze of 2021.  He, therefore, is the pioneer of the meme stock frenzy so to speak ...
Carnival stock has surged, but is CCL still a good buy?
Invezz· 2024-05-13 10:47
Follow Invezz on Telegram , Twitter , and Google News for instant updates >Carnival Corporation’s (NYSE: CCL) shareholders have seen substantial gains, with the stock price rising over 52% in the last year, significantly outperforming the S&P 500’s 22% increase. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.This surge might make potential investors wonder if they’ve missed the boat on Carnival’s shares, or if the company’s recovery trajectory sugges ...