Tesco (LON: TSCO) and Ocado (LON: OCDO) share prices retreated on Friday after the latest worrying UK retail sales numbers. Ocado shares retreated to 655p, which was lower than the…
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UK retail sales suffered an unexpected drop in November as the cost-of-living crisis deepened, signaling a continuing financial struggle for many households. Data released earlier today showed that retail sales…
Adobe Inc (NASDAQ: ADBE) is trading 6.0% up in extended hours after the cloud company reported strong results for its fiscal fourth quarter. Adobe stock up on encouraging guidance Investors…
Netflix Inc (NASDAQ: NFLX) is trading down significantly on Thursday after a report said it’s recently launched ad-supported tier wasn’t off to a great start. Netflix is returning money to…
Shares of Roblox Corp (NYSE: RBLX) tanked nearly 20% on Thursday after the online gaming platform reported key metrics for November that signalled a meaningful slowdown in growth. Roblox blames…
Earlier this week, Invezz reported consumer prices to have eased meaningfully to 7.1%. But that doesn’t necessarily mean an all clear for the S&P 500 from here on out, says…
Elon Musk just can’t seem to turn it off. The billionaire chief executive sold another 22 million shares of Tesla Inc (NASDAQ: TSLA) this week, per an SEC filing on…
Novavax Inc (NASDAQ: NVAX) opened about 20% down this morning after the biotech firm announced a stock and debt offering. Novavax Inc to raise about $250 million The Gaithersburg-headquartered company…
In the final Fed meeting of the year, Chairman Powell and the FOMC announced a rate hike of 50 bps, lifting the policy rate to 4.25%-4.50%. The decision was unanimous…
The European Central Bank (ECB) has announced a hike of 50 bps (0.5%) Thursday. The move is largely in line with expectations, while it warned there are further moves on…