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We Soda Confirms UK IPO Boosting London Markets – Here’s Why

We Soda, the world’s largest producer of natural soda ash used to make glass, has today confirmed plans to list 10% of its current shares on the London Stock Exchange. By listing 10% of its outstanding shares, We Soda will be

Simon Mugo
Digital World (DWAC) Stock Is Down 71% in a Year. What’s Next?

The Digital World Acquisition Corp (NASDAQ: DWAC) stock price has fallen 71% in the past year after failing to seal the deal to acquire Trump Media & Technology Group (TMTG). The company announced plans to merge with TMTG

Simon Mugo
Unity Software (U) Stock Price Cools Off After Massive Apple Rally

The Unity Software Inc (NYSE: U) stock price cooled off two days after Apple unveiled the Vision Pro mixed reality headset, driving the company’s share price higher. Unity’s shares rallied after Apple revealed that it would u

Simon Mugo
Why Scottish Mortgage (SMT) Shares Are Up 12.24% in a Month

The Scottish Mortgage Investment Trust PLC (LON: SMT) share price has risen 12.24% in the past month as investor sentiment towards the company shifted from bearish to bullish. However, the company’s shares are still trading a

Simon Mugo
IOG Shares Plunged 46.4% on Lower Gas Production and Prices

The Iog PLC (LON: IOG) share price plunged 46.4% after issuing a corporate update about its anticipated Blythe H2 well. The well has been completed and handed over for final hook-up and commissioning (HUC) and is expected to

Simon Mugo
TomCo Energy Shares Fell 13.3% on TSHII Project Funding Update

The TomCo Energy Plc (LON: TOM) share price fell 13.3% after issuing an update regarding its right to acquire the remaining 90% stake in the Tar Sands Holdings II LLC (TSHII). The company has negotiated an extension of the de

Simon Mugo
Sareum Shares Edged 3.89% Higher on Dosing of Trial Patients

The Sareum Holdings Plc (LON: SAR) share price edged 3.89% higher after revealing that it had dosed the first patients in the Phase 1a clinical trial for its lead programme SDC-1801, which is a dual TYK2/JAK1 kinase inhibitor

Simon Mugo
Argo Blockchain Shares Fell 5.22% on Q1 2023 Earnings Results

The Argo Blockchain PLC (LON: ARB) share price fell 5.22% after releasing its unaudited results for the first quarter of 2023 ended on 31 March 2023. The company generated revenues worth $11.4 million, marking a 15% improveme

Simon Mugo
Forza X1 (FRZA) Stock Soared 156% After a Cryptic Friday Tweet

The Forza X1 Inc (NASDAQ: FRZA) stock price soared 156% during premarket trading after the company issued a cryptic tweet on Friday after the markets closed that reignited investor interest in the company leading to over 10.1

Simon Mugo
Here’s Why Driexion (DPST) Stock Price Rallied 1079% on Friday

The Direxion Daily Regional Banks Bull 3X Shares (NYSEARCA: DPST) stock price ended the week higher by surging 1079.34% higher on Friday, surprising many. However, those following the popular ETF should have seen the move com

Simon Mugo
ValiRx Shares Trade Sideways on Higher 2022 Losses, Milestones

The ValiRx Plc (LON: VAL) share price was trading sideways after the release of its annual results earlier today, which showed an increase in its losses despite making progress on multiple fronts.

Simon Mugo
Asos Shares Rose 15.3% on a £1Bn Takeover Bid by Turkish Firm

The ASOS plc (LON: ASC) share price rose 15.3% after new reports broke indicating that the company had gotten a Turkish e-commerce company offer to acquire it for £1 billion in late December. Asos turned down the offer, but i

Simon Mugo
Chill Brands (CHLL) Shares Rallied 17.9% on US Distribution Wins

The Chill Brands Group PLC (LON: CHLL) share price rallied 17.9% after securing relationships with specialist carriers and fulfilment providers to facilitate home delivery of its vapour products to customers in all 50 US stat

Simon Mugo
Deepverge Shares Plunged 28.8% on Downsizing Plans, Funding

The Deepverge PLC (LON: DVRG) share price plunged 28.8% after announcing plans to downsize its Labskin, Skin Trust Club and Rinocloud business units as part of drastic measures to manage its financial position. The company al

Simon Mugo
AUDUSD Rallies Higher Despite the Upbeat US Nonfarm Payrolls

The AUDUSD currency pair was trading up over 50 pips as the Australian dollar held on to its earlier gains against the US dollar despite the release of upbeat US nonfarm payrolls data, which came in at 339,00 jobs versus anal

Simon Mugo
Broadcom (AVGO) Shares Edge Higher on Q2 Results – Here’s Why

The Broadcom Inc (NASDAQ: AVGO) share price edged 0.26% higher after releasing the financial results for its second quarter ended April 30, 2023. The company generated revenues worth $8.73 billion, representing a 7.8% improve

Simon Mugo
Yunji Shares Surged 100.5% on Q1 Results and Investor Sentiment

The Yunji Inc (NASDAQ: YJ) share price surged 100.52% after releasing its financial results for the first quarter of 2023 ended on 31 March 2023. The e-commerce company generated revenues worth RMB178.7 million (US$26.0 milli

Simon Mugo
Salesforce (CRM) Shares Fell 6.97% Despite Upbeat Q1 Results

The Salesforce Inc (NYSE: CRM) share price fell 6.97% after releasing its financial results for the first quarter of 2023. The cloud services company generated revenues worth $7.41 billion, marking a significant increase of 2

Simon Mugo
Wizz Air Shares Dropped 2.23% Despite Upbeat Passenger Figures

The Wizz Air Holdings PLC (LON: WIZZ) share price dropped 2.23% after releasing its May passenger figures, which surprised to the upside. The budget airline carried 5,026,575 passengers, marking a 22.1% increase compared to M

Simon Mugo
Baron Oil (BOIL) Shares Fell 10% on Chuditch Deadline Extension

The Baron Oil PLC (LON: BOIL) share price fell 10% after announcing that it had secured a six-month extension to its Contract Year Two of the Production Sharing Contract (PSC) by the relevant Timor-Leste national authority,

Simon Mugo
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