Big news on Wall St

Tech company Snap bucked the tech trend going public on the NYSE instead of the Nasdaq. And in a world where consumers get spooked about paying for social media app, Snap app Snapchat has gone against the grain. So what has the company worried?

While the US railway industry avoided strike action this year, as inflation mounts and consumers buy less along with mounting climate and oil issues, the freight railways face incoming challenges. So, what story is their stock telling?

White Birkenstocks, black birkenstocks, or Birkenstock stocks? Investors and sensible shoe fans lined up to own a slice of Germany’s legacy footwear company after its IPO on the NYSE. But the hoped for multi-billion dollar gains didn’t come in and some investors may be out of pocket. Did Birkenstock put a foot wrong or has the Halloween horror show come early?

Cybercrime and cybersecurity are advancing at a pace we’ve never seen before, with many cybersecurity stocks soaring on the Nasdaq in 2023. Staying safe online matters more now than ever. Here are quick, simple and effective things everyone can do to help protect themselves online.

Will Kiwis face queues at petrol stations as we seek out competitive petrol in the face of rising global oil barrels hitting a 10-month high? This June, Opec+ oil producing members agreed to lower oil supply and agreed again this September to continue. So what does that mean for Big Oil stocks?

Summer’s set to sizzle in Aotearoa but not everyone’s happy that the cruise industry’s setting sail to our calm waters. Behemoth passenger ships are bringing record numbers of tourists to our shores as the global cruise industry recovers from their Covid woes. We zoom out five years to see what’s been going on.

From NYC to Paris and plenty of places in between, Airbnb’s been battling for their place in the short term rental market. But cities are saying otherwise. In a global cost of living crisis, residents are being squeezed out of rental properties and now the Big Apple’s regulators are coming in hard. So why's Airbnb's stock soaring?

Since they first stepped their lycra-clad yoga bods onto the Nasdaq, Lululemon has come a long way, now producing everything from tennis gear, golf clobber to …neon slides? Today Lululemon is nipping at the heels of sporting giants Nike and Adidas bringing a shoe game that delivers all the feels.

Nvidia revolutionised the gaming industry in the 1990s by inventing ultra-fast graphics processing units. Decades later they’ve whooshed past Wall Street expectations with their tech innovation driving generative AI for Big Tech. Far from overnight success, Nvidia was a slow burn, rewarding investors who joined them on day one.

How’s the US economy doing? Big-box retail giants might hold the clue. Home Depot and Target’s budget-conscious shoppers are cautious about big dollar spending. Meanwhile at Walmart, it seems shopping’s flying out the door - groceries, that is - with home cooking the winner.

While Richard Branson’ crew are flying paying passengers to the edge of the Earth, Rocket Lab has launched a mission to find out what’s melting the ice caps. The news comes hot on the heels of Rocket’s Lab’s Q2 earnings where they raised the stakes for the upcoming quarter, expecting double-digit liftoff.

We are what we eat and it seems we’ve become a planet of lil nuggets as budget-friendly kai kicks inflation to the curb for some food stocks. And while some companies filling pantries are battling inflated commodity costs, Seattle’s finest, Starbucks, is trying to convert the world’s most populous nation of tea drinkers into craving a fresh daily brew.