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BT Group Shares Edged Lower on Rumours of a German Takeover

The BT Group - CLASS A Common Stock (LON: BT.A) share price edged lower today amid rumours that one of its largest shareholders, Deutsche Telekom, was about to make an offer for the company, given that it owns about 12% of BT

Simon Mugo
Helium One (HE1) Shares Surged 46.1% on Drill Rig Acquisition

The Helium One Global Ltd (LON: HE1) share price surged 46.1% after announcing that it had acquired an Epiroc Predator 220 drilling rig, which was currently located in Tanzania and was being mobilised to the Rukwa site.

Simon Mugo
USDCAD Falls on Mixed Canadian Jobs Data, US Nonfarm Payroll

The USDCAD currency pair was trading down over 55 pips as the Canadian dollar rallied against the US dollar following the release of jobs data from the US and Canadian dockets. The mixed Canadian jobs data and the weak US non

Simon Mugo
T2 Biosystems (TTOO) Stock Surged 22.7% on Loan Conversion

The T2 Biosystems Inc (NASDAQ: TTOO) stock price surged 15.7% after announcing the issuance of Series A Preferred shares and Series B preferred shares to entities related to affiliated with CRG Servicing for two distinct reas

Simon Mugo
Bluejay Diagnostics (BJDX) Stock Rallied 23.3% Despite No News

The Bluejay Diagnostics Inc (NASDAQ: BJDX) stock price rallied 23% as investor interest in the company skyrocketed despite the lack of recent news releases. Over 2.62 million BJDX shares had changed hands at writing as buyers

Simon Mugo
Vast Share Price Fell 11.2% on £1.7M Discounted Capital Raise

The Vast Resources PLC (LON: VAST) share price fell 11.2% after revealing that it had raised £1,701,000 gross by placing 486,000,000 ordinary shares priced at 0.35p per share. The Placing was undertaken by the Company’s joint

Simon Mugo
JD Sports Shares Edged 1.8% Higher After the Acquisition of ISRG

The JD Sports Fashion PLC (LON: JD) share price edged 1.76% higher after announcing that it had acquired the remaining 49.98% stake in Iberian Sports Retail Group (ISRG) to become the Group’s sole owner once the transaction c

Simon Mugo
Helium One (HE1) Shares Plunged 19% on Rukwa Drill Rig Delays

The Helium One Global Ltd (LON: HE1) share price plunged 18.9% after issuing an update regarding the drill rig contract it had signed with SOFORI. Due to delays, the helium exploration and drilling company noted that Australi

Simon Mugo
Coinbase Stock Price Fell on a Downgrade and SEC Uncertainty

The Coinbase Global Inc (NASDAQ: COIN) stock price fell 4.75% after an analyst at Piper Sandler issued a note downgrading the stock from overweight to neutral, citing the uncertain regulatory landscape after the US Securities

Simon Mugo
Moderna Stock Edged Lower Despite Its Chinese Manufacturing Deal

The Moderna Inc (NASDAQ: MRNA) stock price edged 4.87% lower today as markets barely reacted to its latest announcement. The biotech company recently announced plans to invest in China and start manufacturing messenger RNA me

Simon Mugo
Facebook (META) Stock Rises on Threads App Launch. What Next?

The Meta Platforms Inc (NASDAQ: META) share price has risen 139.68% this year and seems to be headed higher after the recent launch of the Threads app by Instagram to compete with Elon Musk’s Twitter microblogging app. 

Simon Mugo
Persimmon Shares Have Fallen 20% in One Month. What’s Next?

The Persimmon plc (LON: PSN) share price has fallen 20% in the past month as investor sentiment towards the company soured, driven by the recent interest rate hikes by the Bank of England, whose latest interest rate decision

Simon Mugo
Petro Matad Shares Surged 64.4% on Cabinet Approval of Block XX

The Petro Matad Ltd (LON: MATD) share price surged 64.4% after announcing that Mongolia's cabinet had approved the Block XX Exploitation Area certification, including the Heron oil discovery, as special purpose land.

Simon Mugo
Currys’ Share Price Fell 15% on Weak FY 2023 Sales and Profits

The Currys PLC (LON: CURY) share price fell 15% after releasing its unaudited results for the year ended 29 April 2023. The electronics retailer revealed a decline in its revenues driven by weak sales in the Nordics region th

Simon Mugo
Jet2 Share Price Plunged 14.5% Despite Upbeat FY 2023 Results

The Jet2 PLC (LON: JET2) share price plunged 14.5% after releasing the preliminary unaudited results for the year ended 31 March 2023. The company’s revenues rose to £5,033.5 million, marking a significant improvement from th

Simon Mugo
EURUSD Pair Edges Higher on Mixed PMIs and ECB Comments

The EURUSD currency pair was trading sideways at writing, as the markets remained undecided regarding which currency between the euro and the US dollar was more robust. The sideways trading came after IHS Markit released mult

Simon Mugo
Rivian Shares Were Up 7.52%, Adding to Recent Gains on Q2 Data

The Rivian Automotive Inc (NASDAQ: RIVN) share price was trading up 7.52%, adding to the rally witnessed on Monday when RIVN stock closed the day up 17.41% on upbeat Q2 delivery numbers that beat analysts' expectations by a d

Simon Mugo
Why iMedia Brands (IMBI) Stock Is Up 34.2% Despite Bankruptcy

The iMedia Brands Inc (NASDAQ: IMBI) stock price had risen 34.18% during premarket trading as investor interest in the company surged. Over 8.22 million IMBI shares had changed hands at writing as buyers flocked to the shares

Simon Mugo
AO World Shares Rose 3.26% on FY ’23 Results Amid Weak Sales

The AO World PLC (LON: AO) share price rose 3.26% after releasing the final audited results for the year ended 31 March 2023. The company noted that despite a 17% decline in revenues, it had made a step change in profitabilit

Simon Mugo
SIG Plc Shares Fell 10.8% on the Mixed Half-Year Trading Update

The SIG plc (LON: SHI) share price fell 10.8% after releasing a trading update on its performance over the six months to 30 June 2023. The update comes ahead of the official release of its half-year results on 8 August 2023.

Simon Mugo
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