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Premier African (PREM) Shares Muted on the Latest Drill Results

The Premier African Minerals Ltd (LON: PREM) share price barely moved after the mining company released the latest assay results from its Zulu Lithium and Tantalum Project. Investors shrugged off the results because they were

Simon Mugo
Bridger Aerospace (BAER) Stock Soared 141.6% on an SEC Filing

The Bridger Aerospace Group Holdings Inc (NASDAQ: BAER) stock price soared 141.63% after news that a group of investors had acquired a significant stake in the company. The news was contained in a US Securities and Exchange C

Simon Mugo
USDJPY: Japanese Yen Weakens Against Dollar on Ueda’s Speech

The USDJPY currency pair was trading up over 115 pips after the incoming Bank of Japan (BoJ) Governor Kazuo Ueda testified before the Japanese Parliament, indicating that he would continue with his predecessor's easy-money po

Simon Mugo
Akebia Therapeutics (AKBA) Stock Rose on Positive CHMP Opinion

The Akebia Therapeutics Inc (NASDAQ: AKBA) stock price rose 18.92% after receiving a positive opinion from the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) about Vafseo™ (vadadu

Simon Mugo
Cingulate Stock Rallied 77.5% on Positive ADHD Drug Trial Results

The Cingulate Inc (NASDAQ: CING) stock price rallied 77.47% after releasing positive top-line results from its clinical trial testing the effectiveness of its CTx-1301 drug candidate for the treatment of attention-deficit/hyp

Simon Mugo
Cora Gold Shares Edged 2.44% Higher on a $19.84M Capital Raise

The Cora Gold Ltd (LON: CORA) share price increased 2.44% after revealing that it had conditionally raised US$19.843 million in equity and convertible bonds. The company said that the amounts raised are subject to approval fr

Simon Mugo
Canadian Overseas (COPL) Shares Dropped on Bond Conversion

The Canadian Overseas Petroleum Limited (LON: COPL) share price dropped 11.2% after announcing that more bondholders had converted their bonds into common shares. The company noted that it issued 20,390,014 common shares afte

Simon Mugo
Cineworld Shares Plunged 32% on the Bankruptcy Process Update

The Cineworld Group plc (LON: CINE) share price plunged 31.9% after releasing an update on the progress of its chapter 11 bankruptcy cases in the United States. The company noted that it had received interest in some of its a

Simon Mugo
The EURUSD Pair Was Trading Flat as a Further Decline Looms

The EURUSD currency pair was trading flat at writing as buyers and sellers fought for control. The currency pair broke from the two-day decline that had seen the dollar strengthen against the single currency since the week st

Simon Mugo
Teladoc Stock Fell 13% on Q4 and FY22 Losses. What’s Next?

The Teladoc Health Inc (NYSE: TDOC) stock price fell 12.98% after its Q4 2022 fiscal results were released. The company reported a loss of 43 cents per share, beating analysts’ estimates of 25 cents per share. The firm genera

Simon Mugo
Lucid Stock Fell 13.1% on Q4 Earnings on FY22 Production Miss

The Lucid Group Inc (NASDAQ: LCID) stock price fell 13.1% after its Q4, and full-year 2022 results were released. The EV manufacturer made 3,493 vehicles, representing a 53% jump from the previous quarter, bringing its total

Simon Mugo
Nvidia Stock Rallied on Upbeat Q4 Earnings Boosted by AI Chips

The NVIDIA Corporation (NASDAQ: NVDA) stock price rallied 10.6% after releasing its Q4 2022 earnings results, which were better than expected. The chip manufacturer generated revenues worth $6.5 billion, beating analysts' est

Simon Mugo
NZDUSD Pair Rallies Higher on RBNZ Rate Hike, Hawkish Stance

The NZDUSD currency pair was trading up over 30 pips at writing as the New Zealand dollar, commonly called the Kiwi, rallied against the US dollar. The Reserve Bank of New Zealand’s (RBNZ) interest rate decision drove the Kiw

Simon Mugo
Terran Orbital (LLAP) Stock Soared 80% on a $2.4Bn Contract Win

The Terran Orbital Corp (NYSE: LLAP) stock price soared 80% after its wholly-owned subsidiary, Tyvak Nano-Satellite Systems, Inc., won a $2.4 billion contract from Rivada Space Networks to design, build, and deploy 288 low-ea

Simon Mugo
Sorrento Therapeutics (SRNE) Stock Rallied 42.2% on $75M Loan

The Sorrento Therapeutics Inc (NASDAQ: SRNE) stock price rallied 42.2% after the U.S. Bankruptcy Court for the Southern District of Texas allowed the company to access a $75 million loan from JMB Capital Partners as part of t

Simon Mugo
Cineworld Shares Plunged 21.3% on Lowball Offers for Its Assets

The Cineworld Group plc (LON: CINE) share price plunged 21.3% after the company’s attorney Joshua Sussberg told Texas Bankruptcy Court Judge Marvin that the firm had received about 40 lowball bids for its non-US and non-UK as

Simon Mugo
Rio Tinto Shares Fell After Cutting FY22 Dividends on Lower Profits

The Rio Tinto plc (LON: RIO) share price fell 3.29% after the global mining company reduced its dividend payment for the past financial year due to a 38% decline in its full-year 2022 profits compared to 2021. The company att

Simon Mugo
Powerhouse Energy (PHE) Shares Surged 16.8% on Petrofac Deal

The Powerhouse Energy Group PLC (LON: PHE) share price surged 16.8% after signing a Framework Services Agreement with Petrofac Facilities Management Limited to provide the engineering design and supply chain development servi

Simon Mugo
GBPUSD: Pound Rallies on Upbeat UK PMIs and Fiscal Surplus

The GBPUSD currency pair was trading up over 60 pips after positive flash PMI data from the UK docket. IHS Markit/CIPS released the PMI data, where the manufacturing and service PMIs both beat analysts' expectations.

Simon Mugo
Why the Arbe Robotics Stock Spiked 77% Despite a Lack of News

The Arbe Robotics Ltd (NASDAQ: ARBE) stock price spiked 76.8% despite the lack of news from the company that makes radar detection systems that allow drivers to identify and avoid hitting other road users via 4D imaging. The

Simon Mugo
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