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FTX Worse Than Enron Collapse, Early Red Flags and Where Next for Bitcoin?
It goes from bad to worse for FTX and founder Sam Bankman-Fried (SBF), after a damning condemnation from the new CEO, highlighting “unprecedented and complete failure of corporate c
Burberry Share Price Targets Lifted After Interim Results
Burberry (LON: BRBY) shares are up around 1.6% Friday after analysts lifted their price targets on the stock in reaction to its
Hargreaves Lansdown Shares Downgraded on Challenging UK Backdrop
Hargreaves Lansdown (LON: HL.) shares fell more than 4% during Thursday's session, adding to its year-to-date decline after being downgraded by RBC Capital.
Eco Atlantic Shares Tumble on No Evidence of Hydrocarbons at Gazania-1
Eco Atlantic (LON: ECO) shares plunged Friday after the company said the Gazania-1 well on Block 2 did not show evidence of commercial hydrocarbons.
GBPUSD Falls After Budget Statement As the UK Enters Recession
The GBPUSD currency pair was trading down over 110 pips after the latest UK budget statement spelt more pain for UK consumers already struggling with the rising cost of living. The
Kohl’s (KSS) Stock Fell 4% After Scrapping Its Annual Guidance
The Kohl's Corporation (NYSE: KSS) stock price fell 4% after the company scrapped its full-year forecasts citing an uncertain retail environment combined with significant macroecono
Ardelyx (ARDX) Stock Soared 59% on FDA Panel’s Positive Ruling
The Ardelyx Inc (NASDAQ: ARDX) stock price soared 59.4% after the FDA’s Cardiovascular and Renal Drugs Advisory Committee (CRDAC) recommended that the regulator approves the company
Nvidia Q3 Results ‘Quite’ Pleasing For Piper Sandler
Nvidia (NASDAQ: NVDA) reported third-quarter earnings after the close on Wednesday, missing earnings estimates and beating revenue expectations, sending its stock lower, but two ana
Further FTX Fallout and Celebrity Backers Named in Lawsuit
The FTX collapse continues to have contagion impacts as the crypto exchange Gemini and Genesis Global Capital, a major crypto player, have been pulled into the negative spotlight. I
Lowe’s Gave the Bull Case a Boost, Says Analyst
Lowe's (NYSE: LOW) shares rallied Wednesday after the company reported earnings before the opening bell, topping analyst earnings and revenue expectations.
Ceres Power Shares Plunged 14% After the Delay of Chinese JVs
The Ceres Power Holdings plc (LON: CWR) share price plunged 14.3% after announcing the signing of its Chinese joint venture (JV) deals with Weichai Power, and Robert Bosch GmbH had
Target Stock Plunges Following Q3 Earnings – Analysts Not Surprised
Target (NYSE: TGT) shares plummeted Wednesday, closing the session down over 13% after it reported a profit decline and warned of a soft holiday quarter.
Ilika Shares Plunge Following Trading Update – Expects ‘Materially Lower’ FY24/25 Revenue
Ilika (LON: IKA) shares plunged Thursday after the company posted a trading update in which it said it expects to report a lower than forecast revenue in FY24 and FY25.
Royal Mail (IDS) Shares Edged Lower on H1 Losses. What’s Next?
The Royal Mail International Distributions Services PLC (LON: IDS) shares edged lower after the mail and parcels delivery company released its half-year 2022 earnings results. The c
Burberry H1 Profit, Revenue Rises – Sets New Medium-Term Sales Target
Shares of luxury fashion brand Burberry (LON: BRBY) dipped in the early part of Thursday's session before recovering their losses in the aftermath of the release of its interim resu
Kainos Shares Upgraded at Berenberg on Strong Interim Results
Kainos Group (LON: KNOS) reported its half-year results on Monday, prompting an upgrade from Berenberg analyst Benjamin May.
Fast Radius (FSRD) Stock Rallied 47.4% Despite a Tight Deadline
The Fast Radius Inc (NASDAQ: FSRD) stock price rallied 47.35%, recovering most of yesterday’s losses after the company announced an accelerated acquisition timeline that left many w
Why Cineworld Shares Fell 14.5% After the Latest Court Hearing
The Cineworld Group plc (LON: CINE) share price fell 14.5% after the final hearing of the first-day cash management requests made by the company before Judge Marvin Isgur of the US
Baidu Named ‘Catalyst Driven Idea’ at Morgan Stanley
Following Baidu's 9% gain on Tuesday and ahead of its third-quarter results on November 22, Morgan Stanley analyst Gary Yu named the stock a "Catalyst Driven Idea."
Carnival Shares Plunged 13.3% on a $1Bn Convertible Notes Offer
Carnival plc's (LON: CCL) share price plunged 13.1% after announcing the offering of senior convertible notes worth $1 billion in aggregate principal amount with an interest rate of
