Stock Research

Beleaguered airplane manufacturer Boeing recorded a 32% fall in deliveries of its commercial airplanes in the second quarter of the current fiscal year compared to last year. The fall came on the back of heightened regulatory scrutiny over the company triggered by the episode of a door blowing away mid-flight in January, especially when the company’s planes had already… Continue reading Boeing sees 32% fall in deliveries in Q2

Invesco and Galaxy have announced that the management fees for their Invesco Galaxy Ethereum ETF (QETH) will be set at 0.25%. This decision, detailed in an amended filing to United States regulators on July 9, underscores the intensifying competition among Ethereum exchange-traded fund (ETF) sponsors as the anticipated rollout of spot Ether (ETH) funds approaches.… Continue reading Invesco Galaxy Ethereum ETF (QETH) fee set at 0.25%

Oracle stock is tanking after talks between the company and Elon Musk’s AI startup xAI failed. The two companies were discussing a possible expansion of an arrangement already in place where xAI would rent Nvidia chips from Oracle. The deal was worth $10 billion and would have made xAI one of Oracle’s largest customers. As… Continue reading Oracle stock plunges as xAI talks fail

Meta, the parent company of Instagram, has partnered with Vodafone to enhance the delivery of short-form video content across 11 European mobile networks. This collaboration aims to free up network capacity without compromising the viewing experience. Video demand drives data usage growth The demand for video on platforms like Instagram, TikTok, and YouTube has significantly… Continue reading Meta and Vodafone partner to optimize video delivery across European networks

Dutch investment group Prosus is set to lead a $100 million funding round for BlueStone, an omni-channel jewelry startup.  This round is expected to value BlueStone at approximately $960 million, more than doubling its valuation from $440 million in September 2023. The funding round will include both primary and secondary share sales.  Around $60 million… Continue reading Prosus to lead $100 million funding round for BlueStone, valuing jewelry startup at $960 million

Standard Chartered is set to launch a spot trading desk for buying and selling bitcoin and ETH, according to a report by Bloomberg on Friday. This new initiative will be based in London and will operate as part of the bank’s foreign exchange (FX) trading unit. By entering the spot cryptocurrency trading market, Standard Chartered… Continue reading Standard Chartered set to offer direct BTC and ETH trading in London

On Friday, analysts at Citi increased their target price on Microsoft Corp (NASDAQ:MSFT) from $495 to $520, while reiterating their ‘Buy’ rating. This upward revision underscores Citi’s confidence in Microsoft’s growth prospects, particularly fueled by its strategic investments in artificial intelligence (AI) and its dominant position in the tech industry. Dominance in the AI race… Continue reading Citi hikes target price on Microsoft stock to $520: Can it reach there?

Zealand Pharma (CPH: ZEAL) rallied more than 20% this morning after reporting positive results from an early stage trial of its new weight loss treatment.  The biotech firm is now trading at an all-time high.  Why is it significant for Zealand Pharma stock? Petrelintide – a long-acting amylin analog of Zealand Pharma showed significant efficacy… Continue reading Zealand Pharma stock rallies 20%: what happened?

In 2023, total fossil fuel consumption reached a record high worldwide, the Energy Institute (EI) reported yesterday. Published in the 73rd annual Statistical Review of World Energy report by the EI (along with co-authors KPMG and Kearney), the release presented the first full global energy data for 2023. It stated that 2023 was a year… Continue reading Fossil fuels consumption hit record highs in 2023, Energy Institute reveals