Latest News
Kodal Minerals’ Share Price Surged 23.4% on a $3.5M Prepayment
The Kodal Minerals PLC (LON: KOD) share price surged 23.4% after announcing it received a $3.5 million prepayment from Hainan Mining Co. Limited as part of the funding package agreed between the two firms and announced on 19
3 Oil & Gas Stocks That Could Benefit From New North Sea Licenses
The UK government announced this week that hundreds of new oil and gas licenses will be granted in the UK in a bid to reduce energy imports. The news has been met with a mi
US Dollar Index (DXY) Rises Despite US Debt Rating Downgrade
The US Dollar Index (DXY) was trading up over 47 pips as the dollar rallied against most of its peers, extending an uptrend that has been in place since mid-July 2023. The index has rallied higher today despite yesterday’s do
AMD Shares Edged 2.7% Higher As Its Q2 Results Beat Estimates
The Advanced Micro Devices, Inc. (NASDAQ: AMD) stock price edged 2.70% higher after releasing its Q2 2023 earnings results. The company revealed that its revenues fell 18% to $5.4 billion from the $6.6 billion recorded in a s
Li Auto Stock Is Up 103.9% This Year. Will the Rally Continue?
The Li Auto Inc (NASDAQ: LI) stock price has risen 103.9% since the year started, buoyed by positive investor sentiment despite the ongoing price war between EV manufacturers. The company remains the leading Chinese EV compan
Haleon Shares Fell 2.57% Despite Upbeat Half-Year 2023 Results
The HALEON PLC (LON: HLN) share price fell 2.57% after releasing its unaudited financial results for the six months ended 30 June 2023. The company’s revenues rose 10.6% to £5.74 billion, with organic growth of 10.4%, with pr
BAE Systems’ Share Price Rallied 6.55% After H1 Profits Surge
The BAE Systems plc (LON: BA) share price rallied 6.55% after releasing its financial result for the half-year ended 30 June 2023. The company noted that its sales rose 11% to £12.02 billion compared to the £10.58 billion re
Taylor Wimpey Share Price Rose 5% After H1’23 Profits Fell 44.5%
The Taylor Wimpey plc (LON: TW) share price rose 5% after releasing the financial results for the first half of its fiscal year ended on 2 July 2023. The company reported that its revenues fell 21% to £1,64 billion from last
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
