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Why the Scottish Mortgage (SMT) Shares Are Up 5.63% This Week
The Scottish Mortgage Investment Trust PLC (LON: SMT) share price has risen 5.63% in the past week, driven by positive investor sentiment. The investment trust has not made any new announcements to which we could attribute th
Valirx Share Price Rallied 10.8% on Its H1 ’23 Report and Highlights
The ValiRx Plc (LON: VAL) share price rallied 10.8% after releasing its half-yearly report for the six months ended 30 June 2023. The company highlighted that it launched its wholly-owned subsidiary, Inaphaea BioLabs Limited
Harbour Energy Shares Fell 3% on Mixed Half-Year 2023 Results
The Harbour Energy PLC (LON: HBR) share price fell 3.0% after releasing its half-year results for the six months ended 30 June 2023. The company shared that it produced 196 kboepd, marking a slight decline from H1 2022, where
Nvidia Shares Rose 6.57% After-Hours on Its Q2 Earnings Results
The NVIDIA Corp (NASDAQ: NVDA) share price rose 6.57% after announcing its quarterly results for its Q2 fiscal 2024 year. The company’s revenues beat expectations after reaching $13.51 billion, up 88% from Q1 and 101% from a
EURUSD Trades Sideways on Weak Eurozone and US PMI Data
The EURUSD currency pair was trading sideways at writing as the markets remained undecided on whether to push the currency pair higher or lower. The currency pair had alternated between gains and losses for most of the day.
WeWork Stock Price Has Fallen 91.4% This Year. Is This the End?
The Wework Inc (NYSE: WE) stock price has fallen 91.35% since the year began, leaving many wondering whether this is the end for the co-working spaces company. Many have blamed the company for acting like a tech company inste
Peloton Stock Price Fell 30% on Q4 2023 Earnings Amid Losses
The Peloton Interactive Inc (NASDAQ: PTON) stock price fell 30% after its fiscal Q4 2023 earnings results were released. The connected fitness company generated total revenues worth $642.1 million, with subscriptions accounti
ARM IPO: Will ARM’s Chinese Business Affect the Funds Raised?
After looking through ARM’s IPO filing, it is clear that the company has a significant problem posed by its Chinese business, which Arm China operates. The chip manufacturer only owns 4.8% of Arm China via an indirect stake b
Alien Metals Shares Were Muted on Hancock Contractor Selection
The Alien Metals Ltd (LON: UFO) share price remained muted despite announcing that its Australian subsidiary Iron Ore Company of Australia Pty Ltd (IOCA) awarded REGROUP Australia as its preferred primary contractor.
Bluejay Mining Shares Plunged 21.4% on a £600K Capital Raise
The Bluejay Mining PLC (LON: JAY) share price plunged 21.4% after announcing that it had raised gross proceeds of £600,000 through the private placement of 60,000,000 shares to new shareholders for 1.0 pence per share.
Premier African (PREM) Shares Rose 14% on Zulu Project Update
The Premier African Minerals Ltd (LON: PREM) share price rose 13.95% after issuing an update about operations at its Zulu Lithium and Tantalum Project. The company noted that it expects the Zulu mine to produce spodumene that
GBPUSD Rallied Higher, Then Fell Heavily During the NA Session
The GBPUSD currency pair was trading down over 17 pips as the US dollar strengthened against the Sterling pound in the early American session. The currency pair had traded higher earlier today during the Asian and London sess
G Medical Innovations (GMVD) Stock Rallied 56.8% on Sentiment
The G Medical Innovations Holdings Ltd (NASDAQ: GMVD) stock price rallied 56.8% as of 6:30 EST despite the lack of news releases today. The GMVD stock rally was driven by upbeat investor sentiment towards the medical company,
Axcella Health (AXLA) Stock Surged 62% Despite a Lack of News
The Axcella Health Inc (NASDAQ: AXLA) stock price surged 62.4%, as of 8:25 EST, despite the lack of news releases from the biotech company today. Given the lack of current news releases, we have to look at recent announcemen
Arm IPO: Is Arm Worth $64Bn+ As the SoftBank CEO Claims?
Investors eagerly await the Arm IPO set for later this year, given that Arm is regarded as a crowning jewel in SoftBank’s Vision Fund. The Vision Fund wholly owns the company after the latest transaction, where the fund bough
UK Housebuilder Stocks Under Pressure – Here’s Why
UK housebuilders Persimmon (LON: PSN), Barratt Developments (LON: BDEV), Taylor Wimpey (LON: TW.), Redrow (LON: RDW), and others came under pressure Monday as the UK housing market continues to feel the effects of the uncerta
Lookers Shares Traded Sideways on Mixed H1 ’23 Interim Results
The Lookers PLC (LON: LOOK) share price traded sideways after releasing its unaudited interim results for the six months to 30 June 2023. The car dealership network generated revenues worth £2,419 million, marking an 8% impro
United Oil & Gas (UOG) Shares Edged 4% Higher on Board Change
The United Oil & Gas PLC (LON: UOG) share price edged 4% higher after announcing the resignation of its Chief Operating Officer (COO), Jonathan Leather, effective 31 August 2023. Jonathan has been with the company since i
Redx Pharma Shares Rose 5.28% on Board Change. What’s Next?
The Redx Pharma PLC (LON: REDX) share price rose 5.28% after announcing that Sarah Gordon-Wild, an independent non-executive director, had resigned as a member of the board and company director effective at the end of the fir
Powerhouse Energy (PHE) Shares Plunged 25% on £1M Fundraise
The Powerhouse Energy Group PLC (LON: PHE) share price plunged 25% after revealing that it had raised £1 million, before expenses, by issuing 200 million new shares priced at 0.5p each. Given the significant discount offered
