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Boohoo Shares Are Down 19.2% in a Month. Will They Keep Falling?
The Boohoo Group PLC (LON: BOO) share price has fallen 19.2% during the past month, leaving many wondering whether the decline will continue. As seen in the chart below, the fast fashion company could have fallen further but
ASOS Shares Spiked 8.4% As the Retail Share Offer Remains Open
The ASOS plc (LON: ASC) share price spiked 8.35% higher after completing the placing of new ordinary shares worth £75 million, whose proceeds will be used to support the Driving Change agenda. The ultimate goal of the capital
XPeng Stock Price Fell 9.77% on Weak Q1 ’23 Vehicle Deliveries
Chinese EV company Xpeng Inc - ADR (NYSE: XPEV) released its quarterly delivery numbers today, which were lower than expected as the global EV sector struggles. The company delivered 18,230 vehicles, 17.9% lower than the 22,2
Taiwan Semiconductor (TSM) Shares Fall on Apple, Broadcom Deal
The Taiwan Semiconductor Mfg. Co. Ltd. (NYSE: TSM) share price fell during premarket trading after Apple Inc announced a multi-billion dollar deal with Broadcom to manufacture and supply 5G chips. The move comes as Apple work
SSE Shares Have Risen on FY ’23 Results, Net Zero Investments
The SSE PLC (LON: SSE) share price has risen 13% since the year began, and investors have more reasons to smile after the company released its financial results for the full year ending 31 March 2023. The Australian energy co
Rolls Royce Shares Fell on Plans to Stop the Air Capture Project
Rolls-Royce Holdings PLC (LON: RR) new CEO, Tufan Erginbilgic, has discontinued part of the company's work on creating a direct air capture (DAC) product to cut costs and refocus the aircraft engine manufacturer on other prof
GBPUSD Pair Falls on UK PMIs, Then Recovers on IMF Optimism
The GBPUSD currency pair traded down over 30 pips after Markit Economics released downbeat UK PMI data. According to the latest UK PMI data, the UK Manufacturing industry shrunk as the PMI came in at 46.9, missing analysts' e
NIO Shares Are up 5.9% in a Month. So is the EV Company a Buy?
The Nio Inc - ADR (NYSE: NIO) share price has risen 5.9% in a month, leaving investors wondering if it is a buy. So, should you buy NIO shares? Read on to find out. The first thing to note is that NIO is an EV company that ha
ITV Shares Edged 2.45% Higher on Acquiring PitPat Pet Company
The ITV plc (LON: ITV) share price edged 2.45% higher after announcing the acquisition of pet health and wellness company PitPat and adding the firm to its Media for Equity portfolio. ITV’s investment will help PitPat build m
Baron Oil (BOIL) Shares Rallied 10% on 2022 Full-Year Results
The Baron Oil PLC (LON: BOIL) share price rallied 10% after releasing the financial results for the year ended 31 December 2022. The company is still in the exploration stages and did not generate any revenues during the past
Why Cineworld Shares Rose 30.1% in a Week, Then Crashed
The Cineworld Group plc (LON: CINE) share price has risen 30.1% in the past week as it prepares to exit bankruptcy. The company’s shares have risen despite the odds as investors looked forward to the big day before crashing y
Helium One (HE1) Shares Rose 4.4% on New Resource Estimates
The Helium One Global Ltd (LON: HE1) share price edged 4.41% higher after announcing that it had completed an independent verification of the prospective resources at the Tai Prospect (Tai). The company had evaluated the tota
Deere Stock Price Surged 3.5% Higher on Upbeat Q2, H1 Results
The Deere & Company (NYSE: DE) stock price surged 3.50% after the company reported a net income of $2.860 billion for the second quarter that ended April 30, 2023, or $9.65 per share, compared with a net income of $2.098
ProShares Natural Gas ETF (BOIL) Stock Rose 17% – Here’s Why
The ProShares Ultra Bloomberg Natural Gas (NYSEARCA: BOIL) stock price soared 17% on 18 May 2023 after the latest US natural gas stockpiles report indicated a lower-than-expected volume as drillers abandoned the critical comm
IQE Shares Rallied 18.7% After Retail Shareholder Capital Raise
The IQE plc (LON: IQE) share price rallied 18.7% to recover most of yesterday’s losses after the company announced the closing of the capital raise in which the participating shareholders had been given a discounted price of
Velocys Shares Plunged 30.5% on £6M Capital Raise via a Placing
The Velocys PLC (LON: VLS) share price plunged 30.5% after announcing that the £6 million via a placing and retail offer had been completed after being launched yesterday. The company noted that the books remained open; hence
Premier African (PREM) Shares Fell 3.3% on the Second Fundraise
The Premier African Minerals Ltd (LON: PREM) share price fell 3.33% after announcing that it had conducted a second fundraising to raise £610,000 before expenses at an issue price of 0.925p per new ordinary share.
Genedrive Shares Surged 26.1% on NICE Test Recommendation
The Genedrive PLC (LON: GDR) share price surged 26.1% after the UK”s National Institute for Health and Care Excellence (NICE) recommended in the draft guidance that CYP2C19 genotyping should be used before the administration
Walmart Stock Edges Higher As Q1 Results Outdo Retail Peers
The Walmart Inc (NYSE: WMT) stock price edged higher after releasing its Q1 results after posting better results than its peers in the US retail industry. The company won over its retail industry peers by intentionally keepin
Alibaba Shares Fell on Q4 and FY Earnings, Multiple IPOs Planned
The Alibaba Group Holding Ltd - ADR (NYSE: BABA) share price fell slightly premarket after the Chinese e-commerce giant released its Q1 and fiscal year 2023 financial results. The company also announced plans for several IPOs
