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Texas Instruments stock highly bullish pattern points to gains after earnings beat
Invezz· 2026-01-28 13:15
Group 1 - Texas Instruments stock price experienced a strong rally following the release of robust financial results and positive forward guidance [1] - The stock reached a peak of $196, marking its highest level since September 3 [1]
Seagate shares surge after upbeat Q3 forecast, earnings beat, as AI boom fuels data storage demand
Invezz· 2026-01-28 12:56
Seagate Technology's shares surged in premarket trading on Wednesday after the hard drive maker forecast third-quarter revenue and profit above Wall Street expectations. The stock rose 10.3% to $410.0... ...
US futures rise as Fed decision looms; Tesla and Meta to announce results
Invezz· 2026-01-28 12:27
'n Shake adds $5M to Bitcoin reserves, now holds $15M in BTC]January 28, 2026Share viaFacebookX (Twitter)LinkedInMixEmailPrintCopy Link US futures rise as Fed decision looms; Tesla and Meta to announce results | Invezz false### Choose your country### Choose preferred languagePopular languagesEnglish (USA) [Deutsch] [Español] [Français] [Português]All available languagesEnglish (USA) [English (UK)] [English (Australia)] [English (Canada)] [English (New Zealand)] [English (South Africa)] [English (Ireland)] [ ...
Amazon to cut 16,000 corporate jobs as AI push deepens, bureaucracy trimmed
Invezz· 2026-01-28 11:49
Core Insights - Amazon.com Inc. plans to cut approximately 16,000 corporate jobs, representing a significant reduction in workforce as part of its strategy to streamline management layers and enhance operational efficiency [1] Group 1: Job Cuts - The job cuts mark the second major round of layoffs within three months, indicating a trend towards workforce reduction in response to changing business conditions [1] - This decision reflects Amazon's ongoing efforts to optimize its organizational structure and improve productivity [1] Group 2: Strategic Focus - The layoffs are part of a broader strategy to accelerate management streamlining, which suggests a shift in focus towards more efficient operational practices [1] - The company is likely aiming to adapt to market demands and improve its competitive positioning through these organizational changes [1]
Shell and BP seek US licenses for shared Trinidad-Venezuela gas fields
Invezz· 2026-01-28 11:24
Shell and BP are actively pursuing US licenses to begin extracting natural gas from shared fields in Trinidad and Tobago and Venezuela, the Caribbean country's energy minister Roodal Moonilal announce... ...
UPS job cuts underline costly break with Amazon in US delivery race
Invezz· 2026-01-28 08:58
Core Viewpoint - United Parcel Service (UPS) is undergoing a significant restructuring that will result in the elimination of up to 30,000 jobs in 2023, highlighting the financial impact of its separation from Amazon amid increasing competition [1] Company Summary - UPS is implementing a major restructuring plan that includes cutting up to 30,000 jobs this year [1] - The separation from Amazon has proven to be costly for UPS, indicating challenges in maintaining profitability and competitiveness [1] Industry Summary - The logistics and delivery industry is facing intensified competition, which is influencing companies like UPS to make drastic operational changes [1] - The restructuring efforts by UPS reflect broader trends in the industry as companies adapt to evolving market conditions and competitive pressures [1]
Here's why the HSBC share price is in a strong bull run
Invezz· 2026-01-28 08:21
Core Viewpoint - HSBC's share price has reached an all-time high, with its market capitalization now at $300 billion, making it the sixth largest bank globally after JPMorgan [1] Group 1 - HSBC's strong rally in share price indicates robust investor confidence and market performance [1] - The bank's market capitalization of $300 billion signifies significant growth and positioning within the global banking sector [1] - HSBC's ranking as the sixth largest bank in the world highlights its competitive stature among major financial institutions [1]
ASML orders surge as AI investment reshapes chip equipment demand
Invezz· 2026-01-28 08:00
ASML's latest results underline how deeply artificial intelligence spending is reshaping the semiconductor supply chain. The Dutch chip equipment maker reported a sharp jump in orders and issued stronger-than-expected guidance for 2026, signalling that demand from chipmakers building AI capacity remains resilient. ...
China approves first imports of Nvidia's H200 AI chips during Huang's visit
Invezz· 2026-01-28 07:27
Core Viewpoint - China has approved its first imports of Nvidia's H200 artificial intelligence chips, indicating a shift in Beijing's approach towards technology imports and potential easing of restrictions [1] Group 1: Company Impact - Nvidia's H200 chips are now permitted for import into China, which may enhance Nvidia's market presence and sales in the region [1] - This approval could signify a potential increase in demand for advanced AI technologies within China, benefiting Nvidia's growth strategy [1] Group 2: Industry Implications - The decision reflects a broader trend of China recalibrating its stance on technology imports, which may lead to increased collaboration and competition in the AI sector [1] - The approval of these chips could stimulate further investments in AI infrastructure and development within China, impacting the global AI market dynamics [1]
Precious metals rally continues with gold nearing $5,300, silver topping $116
Invezz· 2026-01-28 06:48
Gold's blistering run is likely to continue as prices breached the $5,200 per ounce mark on Wednesday for the first time in history. Meanwhile, silver prices on COMEX also climbed above $116 per ounc... ...