News

Every story, in under 2 minutes each.

Markets Bet on a Hold, But a Surprise Hike Isn't Off the Table from the Feddy Reserve
Economy2 min read

Markets Bet on a Hold, But a Surprise Hike Isn't Off the Table from the Feddy Reserve

The Federal Reserve's July rate decision lands Wednesday afternoon, with traders split between a hold and a possible hike.

TheOpeningSip StaffAug 2
Visa Gets a Price Target Bumpy
Company News2 min read

Visa Gets a Price Target Bumpy

JPMorgan says Visa's recent underperformance looks overdone, and raised its price target accordingly.

TheOpeningSip StaffAug 2
Chip Stocks Shed Over $1 Trillion in a Two-Day Selloff
Stocks2 min read

Chip Stocks Shed Over $1 Trillion in a Two-Day Selloff

Nvidia led a broad slide in semiconductor stocks as investors grew nervous about AI infrastructure spending.

TheOpeningSip StaffAug 2
Exxon and Chevron Barrow in the Billions as Oil Prices Spike
Company News2 min read

Exxon and Chevron Barrow in the Billions as Oil Prices Spike

Rising oil prices tied to conflict in the Middle East have turned into a windfall for America's biggest oil companies.

TheOpeningSip StaffAug 2
Mastercard Tops Estimates We Likey!
Company News2 min read

Mastercard Tops Estimates We Likey!

Mastercard's second-quarter results beat expectations across the board, prompting a round of price target increases.

TheOpeningSip StaffAug 2
An Analyst Just Named Zucks Meta an Attractive Valuation or is this just a 'Bubble'
Markets2 min read

An Analyst Just Named Zucks Meta an Attractive Valuation or is this just a 'Bubble'

Analysts are bullish on the social media company, but investors are less confident.

TheOpeningSip StaffAug 2
Nvidia vs. Alphabet Attack of the Titans
Markets2 min read

Nvidia vs. Alphabet Attack of the Titans

Nvidia's revenue has nearly tripled in two years while Alphabet's has grown steadily; the gap between them is narrowing faster than many expect.

TheOpeningSip StaffAug 2
Meta Trades at a Forward P/E of 17 Below 5 inch Average. (oh sorry years)
Markets2 min read

Meta Trades at a Forward P/E of 17 Below 5 inch Average. (oh sorry years)

Meta Platforms continues to trade at a discount while strengthening its fundamentals.

TheOpeningSip StaffAug 2
Microsoft, Amazon, and Alphabet Add $1.5 Trillion in a Single Week WOW
Markets2 min read

Microsoft, Amazon, and Alphabet Add $1.5 Trillion in a Single Week WOW

Three of the four Big Tech companies reporting this week saw their stocks surge after earnings, while the other two fell.

TheOpeningSip StaffAug 2
JPMorgan Posts Record Profit, Visa Bet Paid off
Company News2 min read

JPMorgan Posts Record Profit, Visa Bet Paid off

JPMorgan's trading desk and a long-held Visa stake both delivered outsized gains last quarter.

TheOpeningSip StaffAug 2
Heavy Weights Apple and Meta Stocks Big Tech Rivals Fight for Belt
Company News2 min read

Heavy Weights Apple and Meta Stocks Big Tech Rivals Fight for Belt

Not every megacap had a good earnings week — Apple and Meta both saw their market value shrink.

TheOpeningSip StaffAug 2
Tesla on a land slide since 2022
Stocks2 min read

Tesla on a land slide since 2022

Tesla shares are down sharply this year as investors question the company's near-term fundamentals.

TheOpeningSip StaffAug 2
Bad Profit on Tesla but Beats on Revenue
Company News2 min read

Bad Profit on Tesla but Beats on Revenue

Tesla's second-quarter results showed strong sales but shrinking margins, and the stock slid on the news.

TheOpeningSip StaffAug 2
Feds Big Decision on 4 Big Techatrons
Economy2 min read

Feds Big Decision on 4 Big Techatrons

Investors faced a packed week with the Federal Reserve's rate decision landing right in the middle of peak earnings season.

TheOpeningSip StaffAug 2
Barclays Profit Jumps 16.6% — but the Stock Falls Anyway
Company News2 min read

Barclays Profit Jumps 16.6% — but the Stock Falls Anyway

Barclays posted strong first-half profit growth and beat analyst forecasts, yet shares still slipped on the day.

TheOpeningSip StaffAug 1
FTSE 100 Hits a Record High, Led by Defense and Banking Stocks
Markets2 min read

FTSE 100 Hits a Record High, Led by Defense and Banking Stocks

The UK's blue-chip index closed at an all-time high, with strength led by a technology investment trust, a defense contractor, and a major bank.

TheOpeningSip StaffJul 30
Rivian or Lucid on Aug. 4. Winner takes all
Markets2 min read

Rivian or Lucid on Aug. 4. Winner takes all

Both electric-vehicle makers need positive momentum to lift their struggling stocks.

TheOpeningSip StaffJul 30
Zhongji InnoLight tumbles on Hong Kong debut - AI Data Centre
Markets2 min read

Zhongji InnoLight tumbles on Hong Kong debut - AI Data Centre

Shares in Chinese data centre supplier Zhongji InnoLight tumbled more than nine percent in its Hong Kong debut on Thursday, after raising at least US$

TheOpeningSipJul 30
Cathie Wood Bought $53.5 Million of Tesla Stock Rebound in Cathies mind?
Markets2 min read

Cathie Wood Bought $53.5 Million of Tesla Stock Rebound in Cathies mind?

Maybe Cathie Wood knows something Wall Street doesn't.

TheOpeningSip StaffJul 30
DoorDash with drone deliveries!
Markets2 min read

DoorDash with drone deliveries!

DoorDash on Wednesday launched its in-house drone-delivery program, DoorDash Air, after ‌securing a U.S. Federal Aviation Administration certification

TheOpeningSip StaffJul 29