Shares of FedEx Corp (NYSE: FDX) are trading up this morning after a Citi analyst turned bullish on the multinational package delivery company. FedEx is cutting jobs to minimise costs Christian Wetherbee has had a change of heart just a day after

A US judge has dismissed a lawsuit that alleged the crypto exchange Coinbase Global Inc (NASDAQ: COIN) sold unregistered securities, Reuters reported. The class action lawsuit, filed in 2021, also claimed that Coinbase had not registered as a broker-dealer with the

S&P 500, on Thursday, is building on its gains from last night that realised after the U.S. Federal Reserve switched to a narrower 25 basis points increase in interest rates. Dalio picks cash over stocks and bonds Still, billionaire investor Ray Dalio

With the CME FedWatch Tool showing a likelihood of over 99% of a 25-bps hike in the first meeting of the year, the FOMC delivered exactly as expected, raising the federal funds rate to 4.50% – 4.75%. This move places rates

The much-awaited Federal Reserve (Fed) monetary policy decision triggered volatility in financial markets. While the outcome was widely expected (i.e., Fed hiking the funds rate by 25bp), the press conference turned out to be more important for markets than the

Shares of Meta Platforms Inc (NASDAQ: META) surged nearly 20% in extended hours after the tech behemoth issued upbeat sales guidance and increased its share repurchase authorisation by $40 billion. Meta stock up on number of users Also a positive was the

S&P 500 just added close to a 100 points after the U.S. Federal Reserve announced its eighth consecutive rate hike to fix inflation that still sits at 6.5%. Fed raises interest rates by another 25 bps   Fed officials favoured a narrower

Nordson Corp (NASDAQ: NDSN) and J M Smucker Co (NYSE: SJM) both were added to the S&P 500 Dividend Aristocrats Index on Wednesday. But Jim Cramer says only the latter is worth owning. Cramer is bullish on Smuckers stock According to the

Vodafone Group Plc (LON: VOD) is in focus on Wednesday after the telecommunications company reported a marginal year-on-year decline in its third-quarter revenue. Vodafone third-quarter financial highlights The British multinational brought in €11.64 billion ($12.65 billion) in total revenue, down from €11.68

Peloton Interactive Inc (NASDAQ: PTON) is up more than 20% this morning after reporting its second-quarter revenue that came in well above the Street estimates. Peloton stock up on encouraging guidance Shareholders are celebrating also because the connected fitness company offered upbeat

IOTA (MIOTA/USD) is helping promote energy savings across the Netherlands and boosting local economies in the process. This is the latest in IOTA news, with developer BlockchainLab Drenthe noting in a blog update on Wednesday, 1 February 2023 that all this

Darktrace (LON: DARK) share price has collapsed in the past few months as concerns about the technology company remain. The stock plunged to an all-time low of 199p, which was about 60% below the highest point in 2022. This decline

Aston Martin Lagonda (LON: AML) share price has crawled back in the past few months as I had predicted in my last article on the company. The shares rose to a high of 180p in December, then the highest level

On a recent episode of the Invezz podcast, I pondered with a market strategist about the conundrum we are in at the moment. Namely, is a recession coming? The IMF waded into the debate Tuesday. It forecasted that the UK would