The stock market is broad and offers a range of products. Just like the forex market, there is a lot of money exchanging hands at any given time within stock markets. Stock traders require a huge amount of information in terms of market data, financial information of firms trading on various stock markets, and relevant current news. Besides the information, traders need analysis of market trends and that of individual companies included in the traders’ portfolio.
Being aware of this, Invezz offers a platform for stock traders to leverage the potential of stocks to grow one’s income. Invezz commits to ensuring that you are conversant with all the information, which has a material significance to the value of your portfolio. We undertake to keep you at the head of market movements, both major and minor corrections. This section offers prices of major stocks and the hottest stocks in the market. Visitors will have the chance to follow the behavior of major stock indices and how they affect their portfolio. Stick with us to earn more from your portfolio.
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India’s RailTel Corporation begins its IPO process
November 7th
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Indian government-owned broadband and VPN services enterprise RailTel is planning to issue an Initial Public Offering that is aimed at raising Rs 300 crore (($42 million). The government wishes to cede a 25% stake in the company in exchange for the money that will largely go towards scaling the operations of the company. RailTel is currently sourcing for an advertising par…
China set to plough up to $10 billion in Saudi Aramco’s IPO
November 7th
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Chinese government companies are considering investing up to $10 billion in Aramco’s IPO, following Saudi Arabia’s call for friendly nations to participate in the mega IPO that targets to raise up to $45 billion. Beijing-based Silk Road Fund is said to be among the contenders interested in having a stake in the oil giant company, sources that sought anonymity said, further…
Uber stock dips 37% below IPO price
November 6th
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Uber stock fell about 9% today, add that to yesterday’s loss and the total drop comes to about 37% from its $45 IPO price. The online taxi company also underwent a market cap loss from about $79 billion in June to about $48 billion today. It’s taxi rival Lyft has also been going through turbulent times ever since it went public. The ride-hailing firm on Monday posted posit…
Uber reports a net loss of over $1 billion in the third quarter of 2019
November 6th
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American multinational ridesharing company, Uber Technologies Inc., reported its quarterly earnings on Monday. Despite beating the analysts’ estimate for revenue in the third quarter, the company’s stock was seen trading 5% lower later on Monday. The weekly loss for Uber, as per the sources, is currently at 9.85% so far. Uber Beats Refinitiv’s Estimate For Revenue In The T…
No more easy money: SoftBank tightens its reigns
November 6th
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It’s been a busy year for the Japanese conglomerate bank, SoftBank. From raising their Vision Fund to investing in several startups, then more recently, bailing out the near-collapse space renting company, WeWork. SoftBank has been heavily investing in WeWork, but according to sources, things are set to change. Following a series of investments gone wrong, the multinationa…
