Latest News
GBPUSD Falls After Budget Statement As the UK Enters Recession
The GBPUSD currency pair was trading down over 110 pips after the latest UK budget statement spelt more pain for UK consumers already struggling with the rising cost of living. The
Kohl’s (KSS) Stock Fell 4% After Scrapping Its Annual Guidance
The Kohl's Corporation (NYSE: KSS) stock price fell 4% after the company scrapped its full-year forecasts citing an uncertain retail environment combined with significant macroecono
Ardelyx (ARDX) Stock Soared 59% on FDA Panel’s Positive Ruling
The Ardelyx Inc (NASDAQ: ARDX) stock price soared 59.4% after the FDA’s Cardiovascular and Renal Drugs Advisory Committee (CRDAC) recommended that the regulator approves the company
Nvidia Q3 Results ‘Quite’ Pleasing For Piper Sandler
Nvidia (NASDAQ: NVDA) reported third-quarter earnings after the close on Wednesday, missing earnings estimates and beating revenue expectations, sending its stock lower, but two ana
Further FTX Fallout and Celebrity Backers Named in Lawsuit
The FTX collapse continues to have contagion impacts as the crypto exchange Gemini and Genesis Global Capital, a major crypto player, have been pulled into the negative spotlight. I
Lowe’s Gave the Bull Case a Boost, Says Analyst
Lowe's (NYSE: LOW) shares rallied Wednesday after the company reported earnings before the opening bell, topping analyst earnings and revenue expectations.
Ceres Power Shares Plunged 14% After the Delay of Chinese JVs
The Ceres Power Holdings plc (LON: CWR) share price plunged 14.3% after announcing the signing of its Chinese joint venture (JV) deals with Weichai Power, and Robert Bosch GmbH had
Target Stock Plunges Following Q3 Earnings – Analysts Not Surprised
Target (NYSE: TGT) shares plummeted Wednesday, closing the session down over 13% after it reported a profit decline and warned of a soft holiday quarter.
Ilika Shares Plunge Following Trading Update – Expects ‘Materially Lower’ FY24/25 Revenue
Ilika (LON: IKA) shares plunged Thursday after the company posted a trading update in which it said it expects to report a lower than forecast revenue in FY24 and FY25.
Royal Mail (IDS) Shares Edged Lower on H1 Losses. What’s Next?
The Royal Mail International Distributions Services PLC (LON: IDS) shares edged lower after the mail and parcels delivery company released its half-year 2022 earnings results. The c
Burberry H1 Profit, Revenue Rises – Sets New Medium-Term Sales Target
Shares of luxury fashion brand Burberry (LON: BRBY) dipped in the early part of Thursday's session before recovering their losses in the aftermath of the release of its interim resu
Kainos Shares Upgraded at Berenberg on Strong Interim Results
Kainos Group (LON: KNOS) reported its half-year results on Monday, prompting an upgrade from Berenberg analyst Benjamin May.
Fast Radius (FSRD) Stock Rallied 47.4% Despite a Tight Deadline
The Fast Radius Inc (NASDAQ: FSRD) stock price rallied 47.35%, recovering most of yesterday’s losses after the company announced an accelerated acquisition timeline that left many w
Why Cineworld Shares Fell 14.5% After the Latest Court Hearing
The Cineworld Group plc (LON: CINE) share price fell 14.5% after the final hearing of the first-day cash management requests made by the company before Judge Marvin Isgur of the US
Baidu Named ‘Catalyst Driven Idea’ at Morgan Stanley
Following Baidu's 9% gain on Tuesday and ahead of its third-quarter results on November 22, Morgan Stanley analyst Gary Yu named the stock a "Catalyst Driven Idea."Â
Carnival Shares Plunged 13.3% on a $1Bn Convertible Notes Offer
Carnival plc's (LON: CCL) share price plunged 13.1% after announcing the offering of senior convertible notes worth $1 billion in aggregate principal amount with an interest rate of
Peloton Shares Edge Higher – Company Expands Amazon Collaboration
Struggling connected sports equipment company Peloton (NASDAQ: PTON) has edged higher premarket after the company said it has expanded its collaboration with Amazon.
Royal Mail (IDS) Shares Pull Back at Resistance As Strikes Loom
Royal Mail, now known as International Distributions Services PLC (LON: IDS) shares, have pulled back today as the parcels and mail company faces further strikes ahead of the holida
Netflix Shares Upgraded to Buy at BofA – Still the Streaming Leader
Netflix (NASDAQ: NFLX) shares rose 3.65% on Tuesday after the stock was reinstated with a Buy rating and a $370 price target at BofA.
Why Baron Oil (BOIL) Shares Edged Higher After Raising £5.36M
The Baron Oil PLC (LON: BOIL) share price edged higher today after announcing that it had completed its latest capital raise worth £5.36 million. The company raised £5 million via t
