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Why Amigo Loans Share Price Surged 22.2% Despite No News

Key points: The Amigo Loans share price surged 22.2% despite a lack of news. Investors are piling in ahead of the firm resuming lending activities.

Simon Mugo
Rolls Royce Shares Down 7% On Results – Time To Climb Aboard?

Key points: Rolls Royce shares are down 7% on half year results At some point they become cheap enough to buy in for those possible futures But what actually is that poi

Tim Worstall
Tim Worstall
Petropavlovsk’s Lesson For Polymetal – Golds Can Go To Zero

Key points: Petropavlovsk has just confirmed that there is unlikely to be aa recovery for equity This emphasises the sanctions risk at Polymetal Even unintended conseque

Tim Worstall
Tim Worstall
Moderna Shares Rise On Earnings, Revenue Beat

Key points: Moderna reports second quarter earnings The drugmaker topped analyst estimates Moderna shares have gained more than 3% premarket Moderna s

AskTraders Team
Tesla’s Latest Bull Story – Inflation Reduction Act Restores Federal Tax Credit

Key points: The Inflation Reduction Act makes Tesla cars eligible for the Federal tax credit again $7,500 off a Model 3 is a substantial inventive Whether the law will p

Tim Worstall
Tim Worstall
Solana Wallets Hacked: Upside Potential Damaged, For Now

Key points: Solana Wallets Hacked, Over $5 Million Stolen “Hot” Wallets Compromised Solana Technical, Chart Basing Damaged “Hot” wallets on the Sol

Steve Miley
Helius Medical Stock Jumps 200% On No News – Why?

Key points: Helius Medical stock has jumped 200% today There's no obvious news to explain why Trading positions should try to determine that why before being fixed

Tim Worstall
Tim Worstall
Oracle Power (ORCP) Share Price Rose 17.8% on Pakistan Progress

Key points: The Oracle Power share price rose 17.8% on progress in Pakistan. The company received a letter of intent from the Government of Sindh.

Simon Mugo
Omega Diagnostics (ODX) Shares Rallied 18.4% on CD4 Unit Sale

Key points: Omega Diagnostics shares rallied 18.4% on the sale of its CD4 business. The company will no longer operate in the Global Health divisio

Simon Mugo
Premier African Minerals Shares Wobble Down 1% On Zulu Announcement – Why?

Key points: PREM shares have slid just the 1% on Zulu news The surprise here is that all is going to plan Zulu is largely derisked now - except for the lithium price

Tim Worstall
Tim Worstall
Why Kanabo Share Price Surged 36.7% Despite a Lack of News

Key points: The Kanabo share price surged 36.7% despite a lack of news. Today’s rally indicates renewed investor interest in the firm.

Simon Mugo
Avast, AVST, Leaps 42% – Is The Norton Merger Back On?

Key points: The Avast share price jumped 42% this morning The CMA's provisional report says the Norton merger can go ahead The final price will depend upon the Norton st

Tim Worstall
Tim Worstall
Cineworld (CINE) Shares Have Risen 14% in a Week. Is It a Buy?

Key points: Cineworld shares have risen 14.7% in a week. Should you buy them? The recent rally is a move in the right direction, but there are some

Simon Mugo
Uber Shares Rise 11% On Revenue Beat, Gross Bookings All-Time High

Key points: Uber reported Q2 earnings before the bell EPS missed estimates but revenue topped expectations Uber shares gained 11.5% premarket Uber (

AskTraders Team
The Pinterest Turnaround? Stock Down 65% On Year, Up 18% Overnight

Key points: Pinterest stock has fallen 65% over the past year Is the 18% rise overnight a sign of the turnaround? The key is that revenue is holding up, unlike some oth

Tim Worstall
Tim Worstall
Helium One (HE1) Share Price Edged Higher on Rukwa Update

Key points: Helium One shares edged higher on the Rukwa operations update. The primary helium explorer is making decent progress on the site.

Simon Mugo
Upwork (UPWK)- Is There Cause For Concern?

Key points: Upwork shares plunged last week following its Q2 earnings report Demand metrics are strong However, signs of easing and competition from LinkedIn are potential

Sam Boughedda
Q2 Results – BP Still Lost $10 Billion In Half Year 2022

Key points: BP's Q2 operating profits are very good, the dividend's up, share buybacks Refining profits are a core driver here But overall there's still a loss for 1H, t

Tim Worstall
Tim Worstall
US Agency Busts Cryptocurrency Ponzi Scheme

Key points: The SEC Makes Charges In Crypto Pyramid Scheme The Forsage Scheme Asserted It Was A Smart Contract Platform The SEC Has Taken A More Active Role In Crypto Law

Steve Miley
Tower Resources (TRP) Shares Crashed 35.7% on Share Issue

Key points: Tower Resources (TRP) shares crashed 35.7% on a discounted share issue. Investors reacted appropriately to the discount by pushing TRP’

Simon Mugo