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SoftBank, Microsoft, Nvidia just invested a record $1 billion in UK-based AI firm Wayve, but why?
Invezz· 2024-05-08 08:52
Follow Invezz on Telegram , Twitter , and Google News for instant updates >A UK-based firm, Wayve, specializing in artificial intelligence (AI) technology for self-driving cars, has raised a groundbreaking $1.05 billion (£840 million) in what marks the largest investment in a European AI company to date.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.SoftBank, Microsoft and Nvidia back WayveCopy link to sectionThe funding round, led by investment firm ...
Jim Cramer says Apple is ‘very bankable' after its iPad event
Invezz· 2024-05-07 18:01
Jim Cramer says Tim Cook – the chief executive of Apple Inc (NASDAQ: AAPL) and his team is “very bankable” after the tech behemoth rolled out new iPads with its latest M4 chip on Tuesday.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Cramer reiterates bullish view on $AAPLCopy link to sectionIt’s the first time the multinational has launched new versions of iPad since October 2022. According to CEO Tim Cook: This is the biggest day for iPad since its ...
Blackstone Mortgage (BXMT) stock yields 13.6%: is it a good buy?
Invezz· 2024-05-07 12:31
Blackstone Mortgage Trust (NYSE: BMXT) stock has one of the highest dividends yields in Wall Street. It has a dividend yield of 13.6%, higher than the S&P 500 return of 1.35%, and the iShares Core High Dividend ETF (HDV), which yields about 3.5%.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.What is Blackstone Mortgage Trust?Copy link to sectionBlackstone Mortgage Trust is a leading Real Estate Investment Trust (REIT) that has a portfolio of over $21 ...
The Walt Disney Company income drops 69% and EPS plummets in disappointing earnings
Invezz· 2024-05-07 11:19
Follow Invezz on Telegram , Twitter , and Google News for instant updates >The Walt Disney Company today reported some very disenchanting numbers in its second quarter 2024 financial results on May 7th, compared with the previous quarter and also the previous year. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Where the business did see profits, they were grown heavily by the company’s theme parks and other ‘Experiences’ businesses, in the face of d ...
UBS Group records robust Q1 FY24 revenue of $2.7 billion
Invezz· 2024-05-07 05:09
UBS Group AG, the Swiss multinational investment bank and financial services firm, released its quarterly earnings report for Q1 of FY24 on 7 May 2024.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.The company reported a net profit of $1.8 billion and an underlying PBT of $2.6 billion, with 15% growth Q1 in underlying revenues, and a 5% quarter-on-quarter reduction in underlying operating expenses, resulting in significant positive operating leverage ...
4 most active stocks on Dow Jones after US Fed kept interest rates unchanged
Invezz· 2024-05-06 23:13
U.S. Federal Reserve left its benchmark overnight borrowing rate unchanged but kept hopes of rate cuts in the coming months alive on May 1st (read more). Here are the three most active stocks on Dow Jones since the central bank’s announcement.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Chevron Corp (NYSE: CVX)Copy link to sectionChevron has been an active Dow Jones stock since the Fed’s announcement because the energy giant relies on debt financin ...
Why The Hershey Company is a buy below $200
Invezz· 2024-05-06 09:39
The Hershey Company (NYSE: HSY) recently reported its Q1 2024 earnings, surpassing both top and bottom-line estimates. With a Non-GAAP EPS of $3.07, exceeding expectations by $0.31, and a revenue of $3.25 billion marking an 8.7% year-over-year increase, Hershey has demonstrated robust performance in the face of evolving economic conditions and high cocoa prices.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.The company’s organic, constant currency ne ...
New drama looms over Disney theme parks ahead of Walt Disney Company (DIS) earnings tomorrow
Invezz· 2024-05-06 09:23
Tomorrow, Tuesday 7th, of May, the Walt Disney Company (DIS) will report their second quarter earnings for 2024.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Of special interest to shareholders will be the company’s ‘Experiences’ business (including its theme parks worldwide). In a recent interview with The Hollywood Reporter, the Walt Disney Company’s ‘chairman of experiences’ Josh D’Amaro revealed that the company intends to invest an eye-watering ...
Xpeng reports a 33% increase in monthly deliveries

Invezz· 2024-05-02 18:25
Shares of Xpeng Inc (NYSE: XPEV) are up 15% on Thursday after the EV maker reported a big increase in deliveries for the month of April.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.X9 success is helping Xpeng stock in 2024Copy link to sectionThe electric vehicles company delivered a total of 9,393 vehicles last month – up a whopping 33% versus last year. Its monthly deliveries came in up 4.0% sequentially as well. In April, $XPEV delivered 1,959 un ...
Earnings report: Novo Nordisk cashes in on weight loss drug fever with better-than-expected results
Invezz· 2024-05-02 06:23
This morning, pharmaceuticals company Novo Nordisk reported triumphant Q1 2024 financial results before markets opened.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.One of the more memorable highlights was certainly the fact that Novo Nordisk’s sales increased by 22% in Danish kroner (by 24% at constant exchange rates) to DKK 65.3 billion for the period. Profits up by over a quarterCopy link to sectionMeanwhile, operating profit increased by 27% in ...