China’s Nio says new Firefly EV to go on sale in Europe in H1 2025
BEIJING (Reuters) -China’s Nio (NYSE:NIO) on Sunday said it would launch its new Firefly electric vehicle brand in Europe early in the first half of 2025, betting that it would…
Starbucks workers expand strike in US cities including New York
(Reuters) – Starbucks (NASDAQ:SBUX) workers have expanded their strike to four more U.S. cities, including New York, the union representing over 10,000 baristas said late on Saturday. The five-day strike,…
How will Amazon fund Kuiper? Barclays weighs in
Investing.com — Amazon’s ambitious Kuiper satellite initiative has sparked debate among investors, particularly regarding its financial impact on the company’s retail margins. Project Kuiper is an initiative by the company to…
5 big analyst AI moves: Nvidia still top pick into 2025; MU, ORCL downgraded
Investing.com — Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week. InvestingPro subscribers always get first dibs on market-moving AI analyst comments. Upgrade…
Japan’s antitrust watchdog to find Google violated law in search case, Nikkei reports
(Reuters) -Japan’s competition watchdog is expected to find Google guilty of violating the country’s antitrust law, Nikkei Asia reported on Sunday, citing sources. The Japan Fair Trade Commission(JFTC) will soon…
Humacyte stock may fail to sustain today’s gains: find out more
Shares of Humacyte Inc (NASDAQ: HUMA) nearly doubled on Friday after receiving full approval for its flagship SYMVESS product from the US Food and Drug Administration (FDA). Regulatory approval for…
Why Nike’s CEO believes turnaround efforts could hurt in the short term
Bloomberg reports Nike Inc. is bracing for a turbulent phase as new Chief Executive Officer Elliott Hill leads efforts to revitalize the sportswear giant. Hill, who assumed the role in…
GameStop stock is at risk: here’s one potential solution
GameStop (GME) stock price has moved sideways in the past few months as investors assess its slow business trajectory and its strong balance sheet. GME was trading at $29.8, where…
The growing power of the individual investor
Professional investors have long held significant advantages over individual investors. They have vast resources at their disposal, including technology, data, and dedicated teams of market analysts. The prevailing wisdom is…
Crude oil missing catalyst to lift prices; what’s next for the market?
The crude oil market seems as though it is waiting for a catalyst to break out of its current tight range. Prices had dipped after this week’s policy meeting of…