The Carnival share price is under pressure. In London, the shares have dropped to 1,682, which is about 8% below the 28th April high of 1,763p. In New York, the CCL stock prices closed at $26.68, which was 4.48% below where it closed on Monday. What happened: Carnival and other […]
The Boohoo share price is in the spotlight as the market reacts to the latest strong earnings by the company. The BOO stock is trading at 326p, which is higher than the intraday low of 304p. What happened: Boohoo is an embattled fast-fashion company that has faced criticism for its […]
The Lyft Share price jumped 6% in after-hours trading as the ride-sharing Uber rival reported a 7% increase in revenue for the first quarter. In what was a difficult day for growth stocks, the Lyft share price bucked the trend after the company revealed better-than-expected earnings for Q1 2021. The […]
Tech stocks found themselves on the short end of the market, with Amazon price and that of other technology stocks on the Nasdaq 100 taking heavy hits. Amazon share price is on its way to a third day of losses after it suffered a steep fall as the market opened. […]
Grocery sales in the UK rose 6.5% in the four weeks leading to April 18 as vaccinated elderly shoppers are cleared to return to physical stores. According to market research firm Kantar, this period marked the busiest time for grocers in more than one year, with a 4% month-on-month increase […]
The Royal Mail share price is in a tight range as investors focus on the ongoing recovery and the upcoming full-year results. RMG shares are trading at 496p, which is a few points below the year-to-date high of 531p. What happened: Royal Mail has benefited substantially from the pandemic. It […]
The EasyJet share price bounced back after the European Union outlined reopening plans. The stock rose by more than 4% to 1,082p, which is the highest it has been since March 2020. It is 160% above its lowest level last year. Shares of other airline companies like IAG, Ryanair, Lufthansa, […]
Tesla stocks are down this Monday after the company announced a delay in production at its German giga-factory by 6 months. According to media reports from the German magazine Automobilwiche, regulatory snags are responsible for the delays. In addition, delays have been caused by plans to add a battery cell […]
Following bumper earnings, the Amazon share price was once again back above $3,500, setting a new record of $3,552.84 before reversing to $3,467. The market expects big things from Amazon earnings, and the e-commerce giant has a habit of delivering (excuse the pun). Thursday’s numbers beat on every metric, with […]
The Twitter share price crash deepened further in Friday’s session as the stock lost 15%, erasing 2021’s gains to end the week at $55.18. In my report ahead of Friday’s opening, I discussed the company’s miserable Q1 earnings call, which revealed an alarming slowdown in user growth. The ill-received release […]