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AUDUSD Falls After the RBA Leaves Interest Rates Stable at 4.1%
The AUDUSD currency pair was trading down over 108 pips as the US dollar rallied higher against the Australian dollar, pushing the pair lower. The Reserve Bank of Australia’s (RBA) interest rate decision triggered the bearish
Birkenstock IPO Could Value It at $8Bn Amid ‘Barbie’ Movie Feature
Birkenstock, the maker of the iconic sandals that have existed since 1774, is rumoured to be preparing for a potential IPO in September. The company’s iconic sandals were recently featured in the Barbie movie, which triggered
Greggs Share Price Dropped 8.4% Amid H1 2023 Interim Results
The Greggs plc (LON: GRG) share price fell 8.39% after releasing its financial results for the 26 weeks (half-year) ended on 1 July 2023. The bakery chain revealed that its revenues rose 21.5% to £844 million from the £694.5
Aston Martin (AML) Shares Fell 7.24% on a £216.1M Capital Raise
The Aston Martin Lagonda Global Holdings PLC (LON: AML) share price fell 7.24% after announcing the results of the non-pre-emptive share placing of new ordinary shares of £0.10 each in the capital of the Company announced on
Cineworld Shares Were Cancelled From the LSE. Is This the End?
The Cineworld Group plc (LON: CINE) shares were cancelled from admission to trading on the London Stock Exchange. The move marks the end of the road for Cineworld as a public company after filing for administration in the UK
Mode Global Shares Soar 132% on Resumption of Trading on LSE
The Mode Global Holdings PLC (LON: MODE) share price soared 131.5% after the company’s shares resumed trading on the London Stock Exchange’s AIM market. The fintech firm’s shares had been suspended from trading on 2 May 2023
EURUSD Edged Higher on Mixed Eurozone CPI, Retail & GDP Data
The EURUSD currency pair was trading almost flat for the day but started heading higher at writing during the early American session ahead of crucial American releases. Various releases from Germany, Italy and the Eurozone im
SoFi Technologies Stock Rose 12%+ Premarket on Q2 Earnings Data
SoFi Technologies Inc (NASDAQ: SOFI) stock price rose 12.36% during premarket trading after releasing its financial results for the second quarter of 2023. The fintech company reported a 37% jump in its GAAP net revenues to $
Foxo Technologies Stock Rallied 101% on Delayed News Reaction
The Foxo Technologies Inc (NYSEAMERICAN: FOXO) stock price rallied 100.67% despite the lack of recent news releases as buyers flocked to the stock. The rally higher was primarily driven by positive investor sentiment towards
AFC Energy Shares Fell 9.75% on Mixed H1 2023 Interim Results
The AFC Energy plc (LON: AFC) share price fell 9.75% after releasing the interim results for the half-year ended 30 April 2023. The company noted that it had successfully leased its H-Power Tower generator across eight custom
GSTechnologies Shares Trade Flat Despite Upbeat FY ’23 Results
The GSTechnologies Ltd (LON: GST) share price traded flat despite releasing its audited financial results for the year ended 31 March 2023. Some of the report’s highlights included the acquisition of Angra Limited in February
BT Group Shares Were Down 1.17% on a New CEO’s Appointment
The BT Group Plc (LON: BT.A) share price was down 1.17% after announcing the appointment of Allison Kirkby as its next CEO. She is scheduled to take over from the current CEO, Philip Jansen, around January 2024. Investors wer
Eqtec Shares Edged 6.67% Higher on Steam-Oxygen Test Results
The EQTEC PLC (LON: EQT) share price edged 6.67% higher after announcing that it had completed the steam-oxygen gasification tests conducted in partnership with the Energy from Biomass and Wastes (ERBE) team.Â
USDJPY Rallies As US Dollar Rallies Against Yen on BoJ Decision
The USDJPY currency pair was trading up over 98 pips as the US dollar rallied against the Japanese yen, driven by the Bank of Japan’s dovish interest rate decision. The BoJ is the only leading central bank that has maintained
Royal Caribbean (RCL) Stock Rallied 8.72% on Q2 Earnings Results
The Royal Caribbean Cruises Ltd (NYSE: RCL) stock price rallied 8.72% after the cruise line operator released its second-quarter earnings results and updated its full-year guidance. The company generated earnings per share of
Unique Fabricating (UFAB) Stock Soared 99% on Investor Interest
The Unique Fabricating Inc (NYSEAMERICAN: UFAB) stock price soared 98.8% despite the lack of news releases from the company that supplies parts to vehicle manufacturers. Over 14.48 million UFAB shares had changed hands at wri
Bushveld Minerals (BMN) Shares Plunged 21.4% on Enerox Option
The Bushveld Minerals Limited (LON: BMN) share price plunged 21.4% on news that its subsidiary, VRFB Holdings Limited (VRFB-H), had received a notice from Garnet Commerce Limited (Garnet) would like to exercise its option in
AstraZeneca (AZN) Shares Edge 4.7% Higher on Half-Year Report
The AstraZeneca plc (LON: AZN) share price edged 4.71% higher after the release of fiscal Q2 and H1 financial results. The company’s total revenues rose 4% to $22,295 million despite a massive decline of $2,181 million from t
Cineworld Shares Suspended From LSE As Administration Begins
The Cineworld Group plc (LON: CINE) shares were suspended from trading on the London Stock Exchange (LSE) after the company’s board approved the appointment of administrators for the group as the last step before the company
EURUSD Fell on the ECB’s 0.25% Rate Hike, and Lagarde Speech
The EURUSD currency pair was trading down over 57 pips following the European Central Bank’s (ECB) latest monetary policy decision, raising interest rates by 0.25% to 4.25%. The currency pair was headed higher earlier as the
