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SBF Arrested, China Crypto Laundering Arrests, Plus US CPI

Sam Bankman-Fried has been arrested in The Bahamas, whilst separately arrests have been made in China, with 63 people held accused of laundering up to 12 billion Chinese Yuan ($1.7 billion) through cryptocurrency. Today’s foc

Steve Miley
Jiuzi Holdings (JZXN) Stock Soared 83.4% Despite Lacking News

The Jiuzi Holdings Inc (NASDAQ: JZXN) stock price soared 83.45% despite the lack of news releases from the company. Therefore, we attribute the latest rally to renewed investor interest in the firm.

Simon Mugo
Amazon Linked With Manchester United Acquisition

Manchester United (NYSE: MANU) shares jumped again Monday after reports said sources close to the club’s sale claim Amazon is a possible buyer.

Sam Boughedda
InterContinental Hotels Group (IHG) Shares ‘Left Behind’

InterContinental Hotels Group's (LON: IHG) London-listed shares are up slightly in 2022, hovering around the 4,950p mark, but one analyst believes the stock "has been left behind."

Sam Boughedda
Futura Medical (FUM) Shares Rose 5.36% on Its ED Drug Update

The Futura Medical plc. (LON: FUM) share price rose 5.36% after releasing an update about its MED3000 topical gel formulation for treating erectile dysfunction (ED) in men. The drug has been approved as an over-the-counter (O

Simon Mugo
EasyJet CEO Paid Almost £3m This Year

EasyJet (LON: EZJ) paid Chief Executive Johan Lundgren almost £3 million for the year to the end of September despite the airline continuing to make a loss, the company revealed in its annual report.

Sam Boughedda
Morses Club Shares Plunged 21% on New Scheme of Arrangement

The Morses Club PLC (LON: MCL) share price plunged 20.8% after issuing a Practice Statement Letter (PSL) and an update regarding the scheme of arrangement it will submit for approval by the courts next year. 

Simon Mugo
Argo Blockchain Shares Plunge — No Assurance it Can Avoid Chapter 11 Bankruptcy

Argo Blockchain announced late Monday that it has requested that the UK Financial Conduct Authority (FCA) restores the listing of its shares, and that is “expected to happen as soon as practicable.”

Sam Boughedda
Cineworld Shares Are Range-Bound As Potential Suitors Emerge

The Cineworld Group plc (LON: CINE) share price has been trading sideways since mid-November amid rumours that some of its competitors are interested in acquiring its assets or the entire company. 

Simon Mugo
USDJPY Price: The Pair Is Stuck in a Range As the Yen Rally Ends

The USDJPY currency pair has been trading sideways for the past five days as the Japanese yen’s rally ends. The yen had rallied higher against the US dollar from 21 October 2022, when the currency pair peaked, pushing the pai

Simon Mugo
Microsoft Acquires a 4% Stake in London Stock Exchange (LSEG)

Microsoft (NASDAQ: MSFT) has acquired a 4% stake in London Stock Exchange Group (LON: LSEG), which is part of a 10-year strategic partnership, the companies announced Monday morning.

Sam Boughedda
HTG Molecular (HTGM) Stock Soared 181% Ahead of Presentation

The HTG Molecular Diagnostics Inc (NASDAQ: HTGM) stock price soared 181.5% after announcing that it would hold its next HTG Therapeutics key opinion leader (KOL) webinar tomorrow.

Simon Mugo
Oracle an ‘Outlier in Software,’ Says Analyst Ahead of Q2 Earnings

Oracle (NYSE: ORCL) is set to report its fiscal second-quarter earnings after the close on Monday, and heading into those results, Jefferies analyst Brent Thill provided positive commentary on the stock but remained cautious.

Sam Boughedda
Manchester United Shares Downgraded Following Rally

Manchester United (NYSE: MANU) shares have surged over 55% in the last month, but one analyst last week downgraded the stock. The footbal

Sam Boughedda
Amgen Stock Edges Lower on the $26 Billion Horizon Acquisition

The Amgen, Inc. (NASDAQ: AMGN) share price edged 3% lower after Bloomberg reported that the company had agreed to buy Horizon Therapeutics in a deal worth $26 billion.

Simon Mugo
EOS Dip Buying Opportunity with Bullish EOS Price Projection

The EOS cryptocurrency price has dipped since the weekend but has shown solid gains in early December and since the early November lows was posted. The Q4 gains have highlighted at least a short-term base and sets up a more p

Steve Miley
Which Companies Are Announcing UK Earnings This Week — December 12

Things are beginning to quieten down as we head into the Christmas period. However, on Monday, we had updates from several companies, while businesses such as TUI, Accenture, Serco Group, and Currys are also set to report upd

AskTraders Team
SolGold Shares Plunged 6% on $36M Capital Raise, Partnerships

The SolGold plc (LON: SOLG) share price plunged 5.98% after revealing that it had completed the $36 million capital raise announced on 23 November 2022. 

Simon Mugo
Savannah Energy to Acquire Petronas Assets in South Sudan for Up to $1.25bn

Savannah Energy (LON: SAVE) revealed on Monday that it has entered into a share purchase agreement with PETRONAS International to acquire PETRONAS' entire oil and gas business in South Sudan.

Sam Boughedda
Totally PLC (TLY) Shares Rallied 8.82% on the New £66M Contract

The Totally Plc (LON: TLY) share price rallied 8.82% after revealing that it had won a contract to provide two urgent treatment centres (UTC) in Bromley, South East London. 

Simon Mugo