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Royal Mail Shares Rally 10.4% in a Week After Strikes Cancellation
The Royal Mail share price, now known as International Distributions Services PLC (LON: IDS), has rallied 10.4% since the Communication Workers Union (CWU) cancelled its industrial action plans for November 2, 3, 4, 8, 9, and
Taylor Wimpey Maintains Guidance Despite Challenging Market Conditions
Taylor Wimpey (LON: TW.) shares rose in early Wednesday trading before edging lower after the company posted a trading statement, telling investors that it expects to deliver full-year operating profit in line with market exp
Cineworld Shares Fall Over 12% As Many Await the End of Bankruptcy
The Cineworld Group plc (LON: CINE) share price fell 12.9% today amid
JD Wetherspoon Shares Fall as Costs ‘Substantially Higher’
JD Wetherspoon (LON: JDW) shares tumbled Wednesday on the back
Binance to Buy FTX After Near Collapse
FTX, one of the world’s major cryptocurrency exchanges, has suffered a major “liquidity crunch.” This has led to the globe’s largest cryptocurrency exchange, Binance, stepping in to acquire FTX. Nevertheless, FTT, the token t
Watches of Switzerland Shares Fall Despite Strong Demand
Watches of Switzerland (LON: WOSG) declined Wednesday, despite the firm posting a rise in revenue and raising its expectations in its interim results. As expected, its resu
Has Amigo Loans Restarted Lending Since Its New Site Is Live?
The Amigo Holdings PLC (LON: AMGO) share price has been trading sideways ever since the UK’s Financial Conduct Authority (FCA) approved its return to lending on 13 October 2022. Since then, the company has not made any other
FTX Insolvency Rumours Hit Cryptocurrencies
Rumoured financial issues at a major cryptocurrency exchange, FTX, have seen its native token, FTT, plunge lower. These rumours were fuelled by comments from the CEO of Binance and pulled the broader cryptocurrency market low
Lordstown Motors Shares Gains After Foxconn Takes a Stake – Q3 Losses Widen
Lordstown Motors' (NASDAQ: RIDE) share price jumped Tuesday on the back of news that Taiwanese giant Foxconn has agreed a deal to take an almost 20% stake in the loss-making US electric truck maker for up to $170 million.
Costco Stock Downgraded Due a ‘Number of Hurdles’
Key points: Costco shares were downgraded by Wells Fargo The firm said it sees a number of hurdles for the company Costco's share price target was also cut by the firm
SIMEC Atlantis (SAE) Shares Rose 3.2% on the MeyGen Update
Key points: SIMEC Atlantis (SAE) shares edged 3.2% higher on the MeyGen update. The firm has made significant progress and is about to launch phase
Argo Blockchain Shares Edge Lower as October Mining Revenue Declines
Key points: Argo Blockchain mined less Bitcoin in October Revenue fell to £3.55m during the month Argo's share price is down over 4% Tuesday Argo Bl
Persimmon Share Price Plunged 9.3% on 4-Month Trading Results
Key points: Persimmon shares plunged 9.3% after its 4-month update. The homebuilder’s weekly sales fell as cancellations surged.
BAE Systems Shares Initiated with a Buy Rating at Redburn
Key points: BAE Systems started at Buy by Redburn The firm likes BAE for its US exposure BAE Systems shares are up 43% in 2022
Associated British Foods (ABF) Shares Jump Following Final Results – Pre-Tax Profit Jumps
Key points: Associated British Foods reported its final results The company said inflation will be the most significant challenge going forward ABF shares jumped over 5%
Why Avacta (AVCT) Shares Barely Moved After Raising £64 Million
Key points: Avacta shares barely moved after raising £64 million via multiple channels. AVCT shares have risen over 25% in the past month despite t
Upwork Demand Remains Solid Despite its Share Price Decline
Key points: Upwork shares continue to slide following Q3 earnings The company beat profit expectations but missed revenue estimates The current macro environment is weighi
EURUSD Price Analysis: Euro Rallies but Faces Key Resistance
Key points: The EURUSD currency pair rallied higher against the weaker US dollar. The single currency is facing stiff resistance at the critical 1.
BioNTech (BNTX) Stock Range-Bound on Q3 Results. Is It a Buy?
Key points: The BioNTech stock traded sideways after releasing its Q3 earnings report. The company noted that weak demand for its COVID-19 was a crit
Oyster Point Pharma (OYST) Stock Soared 39% on Takeover Deal
Key points: Oyster Point Pharma (OYST) stock soared 39.5% on the takeover deal. Viatris Inc will acquire the company’s shares for $11.00 per share.