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Stocks Reverse Early Gains Despite Softer Inflation Data
U.S. stocks are trading modestly higher on the day despite a pre-market rally that saw S&P 500 futures post fresh 8-week highs on the back of the softer-than-expected inflation data for March.
Why Did Cirrus Logic (CRUS) Stock Tumble Today
Cirrus Logic Inc. (NASDAQ: CRUS) shares are trading more than 10% lower on Wednesday after a respected tech analyst warned that Apple could abandon some features in its new iPhone 15, therefore impacting suppliers’ demand pla
Tupperware Brands Tumbled This Week – Here’s Why
Tupperware Brands Corporation (NYSE: TUP) shares plunged nearly 50% on Monday after the company warned that it could go out of business if it doesn't secure additional financing.
Tekcapital Shares Jump as Innovative Eyewear Files Patent For ChatGPT-Enabled Smart Eyewear
Tekcapital (LON: TEK) shares jumped Wednesday after Innovative Eyewear (NASDAQ: LUCY; LUCYW) announced it has filed a new patent application for ChatGPT-enabled smart eyewear.
De La Rue Shares Tumble as Bank Note Demand Weakens
De La Rue (LON: DLAR) shares plunged more than 30% in early Wednesday trading after it warned that the demand for bank notes is significantly low, impacting the company's full-year adjusted operating profits.
Moderna (MRNA) Stock Testing Near-term Support as Initial Flu Vaccine Data Disappoints
Shares of Moderna Inc. (NASDAQ: MRNA) fell more than 6% Tuesday after the biotech firm said its flu vaccine candidate did not accumulate enough data to declare early success.
Coinbase (COIN) Gains as Bitcoin (BTC) Price Tops $30,000
Shares of cryptocurrency-focused stocks are trading higher Tuesday, 11th April, after Bitcoin (BTC) rallied to top the $30,000 handle for the first time since last June.
Netflix Q2 Estimates Face Risk From Paid Sharing – JPMorgan
Netflix (NASDAQ: NFLX) shares have edged slightly higher Tuesday despite JPMorgan analyst Doug Anmuth telling investors in a note that he sees a risk to second-quarter estimates from paid sharing.
Analyst Expects Chewy Shares to Rise Based On ‘Dominant Position’
Chewy (NYSE: CHWY) shares are moving higher Tuesday after JMP Securities analyst Nicholas Jones initiated the stock with an Outperform rating and a $50 per share price target.
Tesco Shares: Analysts Positive Ahead of 22/23 Preliminary Results
Tesco (LON: TSCO) shares are up over 1% Tuesday, ahead of the release of its preliminary results for 2022/23 on Thursday, April 13. Investors will be watching closely to see how the British supermarket chain has fared in the
Cineworld Shares Drop Further as Cinema Chain Files Restructuring Plan in US
Cineworld (LON: CINE) shares tumbled further on Tuesday after the company filed a plan of reorganisation with the United States Bankruptcy Court for the Southern District of Texas, Houston Division.
USDCAD Rises As the CAD Fell Despite Upbeat March Jobs Data
The USDCAD currency pair was trading up over 19 pips as the US dollar rallied against the Canadian dollar despite the release of upbeat Canadian jobs data in the North American session. Canada added 34,700 jobs in March, beat
Why Palantir Stock Fell After Expanding US Government Contracts
The Palantir Technologies Inc (NYSE: PLTR) stock price fell 4.4% after announcing that it had expanded its strategic partnership with Microsoft’s cloud computing platform to government contracts. Investors sold Palantir share
Tesla Stock Is Up 56.6% YTD Despite Musk’s Actions. What’s Next?
The Tesla Inc (NASDAQ: TSLA) stock price has risen 56.6% this year amid a rebound in investor risk appetite and renewed confidence in the company’s prospects as Elon Musk’s Twitter acquisition fades into the background. Howev
Helium One Shares Rallied 6.45% After Drill Rig LOI With SOFORI
The Helium One Global Ltd (LON: HE1) share price rallied 6.45% after revealing that it had signed a Letter of Intent (LoI) with SOFORI, a Tunisian Drilling Contractor, to provide the Drillmec HH102 oil and gas rig for the com
Hurricane Energy Shares Edged Higher on Prax Scheme Documents
The Hurricane Energy PLC (LON: HUR) share price edged 2.40% higher after publishing the scheme document for the recommended acquisition of the company by Prax Exploration & Production PLC (Prax) via a Court-sanctioned sch
Royal Mail (IDS) Shares Were Muted as CWU Talks End Without Deal
The Royal Mail share price, now known as International Distributions Services PLC (LON: IDS), remained muted after the Acas-facilitated talks between the Communication Workers Union (CWU) and Royal Mail ended without the two
Scotgold Share Price Rallied 20.4% on $500K Loan and Transition
The Scotgold Resources Ltd (LON: SGZ) share price rallied 20.4% after revealing that it had received a US$500,000 advance payment from its gold offtake partner to meet its short-term working capital needs after commencing lon
Avacta Shares Rose 7.5% on Dosing First Patient in Phase 1a Trial
The Avacta Group Plc (LON: AVCT) share price rose 7.45% after announcing that it had dosed the first patient in the fifth cohort of the first-in-human phase I trial (ALS-6000-101) of AVA6000. The move comes after the Medical
Entain Shares Were Muted After Acquiring 365scores – Here’s Why
The Entain PLC (LON: ENT) share price barely moved after revealing that it had acquired the entire issued share capital of 365scores for a cash consideration of $150 million (approx. £120m) and contingent payments of up to $1
