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
Economy• 2 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 Staff • Aug 2
Visa Gets a Price Target Bumpy
Company News• 2 min read

Visa Gets a Price Target Bumpy

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

TheOpeningSip Staff • Aug 2
Chip Stocks Shed Over $1 Trillion in a Two-Day Selloff
Stocks• 2 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 Staff • Aug 2
Exxon and Chevron Barrow in the Billions as Oil Prices Spike
Company News• 2 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 Staff • Aug 2
Mastercard Tops Estimates We Likey!
Company News• 2 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 Staff • Aug 2
An Analyst Just Named Zucks Meta an Attractive Valuation or is this just a 'Bubble'
Markets• 2 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 Staff • Aug 2
Nvidia vs. Alphabet Attack of the Titans
Markets• 2 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 Staff • Aug 2
Meta Trades at a Forward P/E of 17 Below 5 inch Average. (oh sorry years)
Markets• 2 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 Staff • Aug 2
Microsoft, Amazon, and Alphabet Add $1.5 Trillion in a Single Week WOW
Markets• 2 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 Staff • Aug 2
JPMorgan Posts Record Profit, Visa Bet Paid off
Company News• 2 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 Staff • Aug 2
Heavy Weights Apple and Meta Stocks Big Tech Rivals Fight for Belt
Company News• 2 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 Staff • Aug 2
Tesla on a land slide since 2022
Stocks• 2 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 Staff • Aug 2
Bad Profit on Tesla but Beats on Revenue
Company News• 2 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 Staff • Aug 2
Feds Big Decision on 4 Big Techatrons
Economy• 2 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 Staff • Aug 2
Barclays Profit Jumps 16.6% — but the Stock Falls Anyway
Company News• 2 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 Staff • Aug 1
FTSE 100 Hits a Record High, Led by Defense and Banking Stocks
Markets• 2 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 Staff • Jul 30
Rivian or Lucid on Aug. 4. Winner takes all
Markets• 2 min read

Rivian or Lucid on Aug. 4. Winner takes all

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

TheOpeningSip Staff • Jul 30
Zhongji InnoLight tumbles on Hong Kong debut - AI Data Centre
Markets• 2 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$

TheOpeningSip • Jul 30
Cathie Wood Bought $53.5 Million of Tesla Stock Rebound in Cathies mind?
Markets• 2 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 Staff • Jul 30
DoorDash with drone deliveries!
Markets• 2 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 Staff • Jul 29