2023 is expected to be a difficult year for the UK as it goes through a difficult stagflation period. A combination of high inflation, slow growth and high-interest rates could…
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…
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…
Total nominal retail sales and food-services spending fell 0.6 percent in November after increasing 1.3 percent in October. From a year ago, retail sales are up 6.5 percent and remain…
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…