THE FRY UP - INVESTMENT NEWS

Big news on Wall St

Own the water cooler chat! Be the first to read who’s doing cool (and not-so-cool) stuff on Wall Street. Read the latest investment news.

5 min read
Belinda Nash
November 14, 2023

Affirm shares surged 24% ahead of holidays splurge

In a world of instant gratification, is buy now pay later (BNPL) just what we do now? While BNPL providers aren't rapidly bringing on more customers and people aren’t using BNPL more, shoppers are missing more payments sinking into a debt cycle helping providers’ revenue to climb. Is this why Affirm’s stock has soared 153% this year?
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6 min read
Belinda Nash
November 7, 2023

Starbucks’ shares soar nearly 14% after earnings beat

As men’s mental health takes centre stage in the great Movember mo-grow, it seems that stress in the US has Americans reaching for their quick fix comfort hit. And one company peaking in a post-pandemic boom of their own is Starbucks.
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5 min read
Belinda Nash
October 31, 2023

Snap’s small surprise amid Big Tech’s wobbly week of earnings

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?
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4 min read
Belinda Nash
October 25, 2023

Freight train industry stocks slow and steady

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?
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6 min read
Belinda Nash
October 17, 2023

Birkenstock IPO one of the worst in a decade

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?
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3 min read
Belinda Nash
October 3, 2023

Why 2FA is crucial step for your cybersecurity

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.
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5 min read
Belinda Nash
September 26, 2023

Are petrol prices and oil stocks on the rise?

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?
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5 min read
Belinda Nash
September 19, 2023

Cruise ship stocks climb in post-pandemic recovery

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.
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5 min read
Belinda Nash
September 12, 2023

Airbnb stock jumped 11% this September... why?

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?
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5 min read
Belinda Nash
September 5, 2023

Lululemon Athletica delivers a second quarter flex

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.
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5 min read
Belinda Nash
August 29, 2023

Nvidia’s 227% year-to-date stock ascent

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.
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5 min read
Belinda Nash
August 22, 2023

Big-box retailers Home Depot, Target, and Walmart

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.
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