Tesla misses target, share price could drop
Tesla misses the target, share price could dropย ย ย ย Earnings seasonย Q3 is in full swing and already weโve seen a major hit in the form of Netflix shares soaring. Unfortunately, not every company will meet its targets, as was the case with Tesla Motors.ย ย On October 19, Tesla released its third-quarter earnings and while sales […]
Netflix stock surges 14%, reverses subscriber slumpย ย
Netflix stock surges 14%, reverses subscriber slumpย ย ย ย Earnings season is once again upon us and already we’ve seen some amazing movements in the markets. Netflix traders and investors are smiling as the streaming giant released an excellent Q3 earnings report.ย ย ย The company reversed its huge subscriber losing streak and instead gained 2.4 million new […]
8 top stocks you shouldn’t missย ย
8 top stocks you shouldn’t missย ย ย ย There is a lot of anxiety swirling about in the financial markets regarding a possible recession. Are some of the world’s biggest companies getting nervous, too? The markets will get a better sense of where the global economy is heading when top financial firms and big tech companies […]
Nissan sells Russian business for $1, takes $687m loss!ย
Nissan sells Russian business for $1, takes $687m loss!ย ย ย ย Imagine setting up a business worth nearly a billion dollars only for you to have to close and hand over all assets for a measly $1! Sadly, what sounds like the plot left in Hollywood is a reality for one of the world’s biggest carmakers.ย ย […]
Stocks rattled as the market takes another hitย ย
Stocks rattled as the market takes another hitย ย ย ย It continues to be a volatile market as the “bears” have taken over Wall Street. Poor market sentiment, high inflation, and increasing interest rates plague global markets.ย ย If 2021 represents the market “boom” then 2022 will be remembered as the “bust” as across-the-board assets are tanking […]
Musk forced to close $44bn Twitter dealย
Musk forced to close $44bn Twitter dealย In what will likely be a business case study for years to come, the latest saga in the botched Elon Musk-Twitter acquisition has resulted in court action. Either Musk, CEO of Tesla, continues with his $44 billion deal to acquire a stake in Twitter by the end of […]
5 global recession signs you should knowย
5 global recession signs you should knowย ย Inflation, high interest rates, poor market sentiment… the financial markets are flashing warning signs that the global economy is headed for disaster.ย It’s no longer a case of whether a recession is on the card but when it will occur.ย ย The past 10 months has seen soaring […]
How oil & gas can uplift Africa
How oil & gas can uplift Africaย ย Low-carbon energy, improving the continent’s energy mix and upliftment of its people – This was the message from delegates attending the 2022 Africa Oil Week conference in Cape Town, South Africa.ย ย The event saw South African mineral resources and energy minister, Gwede Mantashe, welcoming more than 30 energy […]
Porsche debuts with $72 billion IPOย
Porsche debuts with $72 billion IPOย ย ย Europe’s largest IPO by market capย ย 82.50 euros per preferred share offeringย ย Move towards electric sports carsย ย ย ย Want to invest in something exciting, how about high-end sports cars? Luxury carmaker Porsche took a huge gamble that looks set to pay off on the stock market. Porsche AG […]
Pound, oil crashes as US Dollar surges to record high
Pound, oil crashes as US Dollar surges to record highย ย ย The final week of September is proving to be disastrous for oil and the British pound. Oil prices crashed and the GBP was pummeled to record lows on the back of a surging US Dollar.ย ย While a surging dollar might be good for Forex traders, […]