News

LONDON, UNITED KINGDOM, May 23rd, 2023, Chainwire

Vertex Labs (Vertexlabs.uk), the brain behind the Caduceus metaverse protocol, Vertex Network and 3D metaverse platform, LightCycle, has acquired

Key Points

• Lyft’s New CEO onboards and announces layoffs and cost-cutting measures to finance ride price cuts.
• Lyft implemented a 26% workforce reduction cutting 1,072 employees and

Management last week declared a 7.1% increase in the quarterly HVT stock dividend rate to be paid in June

On the landscape of dividend capture strategies, where investors seek to seize fleeting

For the first time in more than a decade, U.S. commercial real estate (CRE) prices have fallen according to data by Moody’s Analytics. The release has now left investors puzzled over the

In his podcast addressing the markets today, Louis Navellier offered the following commentary.

Ford Motor Co (NYSE:F) announced this week that it has secured lithium supply deals with Albemarle

 S&P 500 rejected further upside, and is ready for correction within this upswing – the correction characteristics would determine the path forward as hearing Bullard talk two more rate hikes

Key Points

• Demand for shares has been heating up.
• The company has emerged as an early leader in the AI battle. 
• Next week’s earnings are likely to hold a considerable upside surprise. 

President Joe Biden has championed a substantial financial proposal in the latter half of his term: increasing taxes on businesses engaging in stock buybacks. This initiative aims to redirect

In his podcast addressing the markets today, Louis Navellier offered the following commentary.

Big Day for Energy

The energy disruption from the massive forest fires in Alberta is reducing

The US jobs market has shown resilience despite the slow growth and high-interest rate environment. The US Jobless Claims further dropped by 22,000 to 242,000, which beat the Reuters poll of

S&P 500 breakout or fakeout? I was in favor of breakout and its retest Friday. Not even debt ceiling resolution stumble or Powell talking about not needing to raise rates too much given the

Braga, Portugal, May 22nd, 2023, Chainwire

MetaStudio, a renowned Portuguese game studio, has announced a new partnership with Immutable, a leading Ethereum Layer 2 scaling solution provider

Key Points

• Take-Two Interactive had a strong quarter, with bookings above target. 
• The analysts are raising their targets and driving the stock price higher. 
• A robust pipeline of games

Key Points

• JAB has announced its plans to acquire Pumpkin, a pet insurance platform launched by Zoetis, which is still a minority holder.
• As Zoetis undertakes its plans for sustainable

Key Points

• Walmart had a good quarter driven by product mix shifts which confirm news from other retailers. 
• Discretionary items have fallen out of favor due to the shift toward staples and

Q1 2023 results weren’t good and analysts downgraded ECN stock on the disappointment while awaiting the review report

ECN Capital (TSE:ECN, OTCMKTS:ECNCF) reported its Q1 2023 results on May 15

For weekend reading, Gary Alexander, senior writer at Navellier & Associates, offers the following commentary:

Two weeks ago, I called the 20th century an era of Growth, and the 21st century an

S&P 500 recovered from the opening setback reasonably fast, and had reached 4,188 before getting rejected. Temporarily rejected, and soon back on the way to 4,209. Stock market improvement was that

Walmart (NYSE:WMT) shares trade near 1-year highs after the U.S. biggest employer reported better-than-expected Q1 results and raised its full-year outlook.

Walmart shares jumped over 2% on

Key Points

• Target had a better-than-expected quarter but was not strong enough to raise guidance. 
• The Q2 guidance was lowered, and the outlook for the 2nd half is optimistic. 
• Increased

While BLDP stock appears enticing, it’s also a challenging proposition

Shares of fuel-cell specialist Ballard Power Systems (NASDAQ:BLDP) popped slightly over 5% higher on the midweek session as