Intel stock has been experiencing a rough patch lately, with many investors losing faith in the semiconductor giant. However, according to top analyst Stacy Rasgon, now is not the time to buy. In a recent interview with TipRanks.com, Rasgon advised against investing in Intel stock, citing a number of reasons why it may not be a wise choice at the moment.
The much-anticipated event of Bitcoin halving will soon take place amidst what Coinbase describes as a “weak time of year” for cryptocurrencies. As the distribution of Bitcoin becomes more limited due to halving, investors are preparing for potential market fluctuations.
Nio, the Chinese electric vehicle manufacturer, has recently announced a significant cut in its delivery estimates for the fourth quarter of 2021. The company now expects to deliver only 23,500 vehicles, down from its previous estimate of 25,000 to 26,000. This news has sent shockwaves through the market, causing Nio’s stock price to plummet by 5% in after-hours trading.
Trader Joe’s announced today that they will be raising the prices of their bananas for the first time in over two decades. The price hike, which will go into effect next week, is part of a broader effort to ensure fair wages for banana farmers and employees.
**Toronto, Canada -** The Canadian real estate industry is in upheaval today as news of the potential reduction to the standard 6% commission for real estate agents spreads like wildfire. The proposed change has sparked heated discussions among industry professionals and home buyers alike.
Former Time Warner CEO Gerald Levin, who engineered a disastrous mega-merger, has passed away at the age of 84. The news of Levin’s death was confirmed by his family on Wednesday.
Tesla has announced that it will take some time for production to fully resume at its new factory in Germany. The electric car company cited distribution challenges as the reason for the delay.
The Nikkei 225 index, Japan’s key stock market benchmark, has achieved a major milestone by surpassing the 40,000 mark for the first time in its history. This development marks a significant upturn in the performance of the Japanese stock market.
Investors may want to consider selling shares of Google stock due to recent market trends. According to financial analysts, Google’s stock has shown signs of reaching a peak in value, making it a potential time to capitalize on profits.
U.S. crude oil prices rose above $80 a barrel on Tuesday for the first time since November. This surge comes ahead of an important decision by OPEC+ on whether to push ahead with plans to increase output.
