Italy’s stock market ended on a positive note on Thursday, with the Investing.com Italy 40 rising by 0.41%. This upswing was mainly driven by strong performances in the Financial, Oil & Gas, and Chemicals sectors. Top Performers: Who’s Shining? The day saw some impressive gains from various companies: The Not-So-Great News Not everyone had a … Read more
Nvidia is in the spotlight, and it’s not just because of its flashy products. Tech giants like Microsoft and Amazon are investing billions of dollars into data centers and chips for artificial intelligence (AI). Guess what? Nvidia is the go-to supplier for these powerful chips. They just launched their latest products based on their cutting-edge … Read more
IKEA’s sales took a 5% hit after the global homeware giant decided to slash prices to attract more shoppers. This move was part of their strategy to keep up with a sluggish housing market, but despite the fall, they expect things to bounce back next year. A Tough Year for IKEA IKEA’s parent company, Ingka … Read more
Tesla stock is grabbing attention this week as the company gears up for a major event that could reshape its future. The robotaxi reveal on October 10 has investors wondering whether now is the time to buy or sell Tesla (TSLA) shares. With excitement building, let’s break down what’s happening and why this is a … Read more
U.S. stocks have hit new all-time highs as Hurricane Milton, which caused major damage, starts to lose strength while moving over Florida. Now that the storm is calming, everyone’s attention is shifting back to the U.S. economy, especially with a big inflation report set to come out on Thursday. Despite worries about the weather and … Read more
Robinhood (NASDAQ: HOOD) has made some serious moves in 2024, and it’s not just surviving—it’s thriving. While its 2021 rise was tied to the Zero Interest Rate Policy (ZIRP), Robinhood is now reaping the benefits of the “Peak Interest Rate Policy” (PIRP) as rates begin to drop. According to Bernstein analysts, the company is evolving … Read more
In September, inflation in the US took a surprising turn, growing faster than many experts predicted. This situation puts pressure on the Federal Reserve as they debate whether to cut interest rates even more this year. Let’s break down what happened and what it could mean for you. Inflation Grows More Than Expected The Consumer … Read more
Cardiol Therapeutics Inc. (NASDAQ: CRDL) (TSX: CRDL), a life sciences company dedicated to finding new treatments for heart disease, has just wrapped up a big public offering. They sold 8,437,500 Class A common shares at a price of US$1.60 per share, bringing in US$13.5 million in total before taking out fees and other expenses. Where’s … Read more
Ukraine’s inflation surged to 8.6% in September compared to the same time last year. But what’s behind this increase? Let’s break it down to understand why prices are rising and how it’s affecting people. Why Are Prices Going Up? There are three main reasons for Ukraine’s inflation spike in September: Just a month earlier, in … Read more
Saba Capital, a major player in the investment world, just made a bold move. They bought more than $830,000 worth of BlackRock Innovation & Growth Term Trust (BIGZ) shares in a matter of two days! But what does this mean, and why should you care? Let’s break it down. Over $830k in Shares Bought – … Read more
