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GSK, Haleon, Still Fall Despite Zantac Litigation Dismissal – Why?
Key points: GSK and HLN are both mildly down this morning This despite the first of the Zantac cases being withdrawn without settlement The question is, does this…
- FTSE 100 10,552.05 +1.06%
- S&P 500 7,811.54 +0.59%
- Nasdaq 100 30,883.15 +0.51%
- Dow Jones 51,654.95 +0.83%
- DAX 25,087.27 +1.13%
- Gold $4,181.92 +1.84%
- Brent crude $106.69 -0.91%
Latest News & Analysis
Latest News
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Walmart Gains After Topping Earnings, Revenue Expectations
Key points: Walmart reports earnings before the open Tuesday The company topped earnings and revenue expectatios Walmart shares are up 3.7% premarket Walmart (NYSE: WMT) shares are up…
News
Forza X1, FRZA – Which Way Is This IPO Going To Settle?
Key points: Forza X1, FRZA, is nothing to do with Forza Innovation, FORZ FRZA is a would be maker of electric boats It’s very early days which is…
News
Home Depot Stock Dips Despite Earnings, Revenue Beat
Key points: Home Depot reports earnings before the open Tuesday The company topped analyst earnings and revenue estimates However, shares are down 2.5% premarket Shares of retailer Home…
News
Tencent Up 5% On Results – More To Come?
Key points: Tencent reported earnings last night They were a beat, both in EPS and revenues The stock’s up 5% as a result Tencent (NYSE: TME) reported earnings…
News
Magic Empire Global, MEGL, Up 180% – Will A 95% Fall Happen Again?
Key points: Magic Empire Global is soaring again Last time around this led to a 95% fall Will it, again, and from what price if it does? Magic…
News
How To Play Wearside/Weardale Lithium – Alkemy Or Marechale
Key points: Weardale Lithium, or the Wearside lithium deposits, are not listed It is possible though to gain exposure to the operations Marechale and Alkemy are exposed to…
News
SmartSpace Shares Fall After Earnings Release
Key points: SmartSpace Software reported earnings before the open Shares fell more than 10% They expect revenue and profitability to be in-line with expectations SmartSpace Software (LON: SMRT)…
News
Darktrace Jumps 20% On Takeover Talk – How High Could It Go?
Key points: Darktrace has received an indication of a possible bid and so is now in an offer period We don’t know the price, nor even whether there…
News
Watches of Switzerland Jumps as Luxury Demand Not Dented by Inflation
Key points: Watches of Switzerland posted a trading update before the open WOSG shares gained over 3% Demand remained robust Shares of Watches of Switzerland rallied over 3%…
News
Finally, Ted Baker Offer At 110p – Will There Be A Higher?
Key points: The Ted Baker bid has now arrived at 110p This is considerably down from that first mooted at 160p So, is there room for another bidder…
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Li Auto Shares Slide as Loss Widens
Key points: Li Auto reports second quarter earnings before the bell The EV company topped expectations, but its loss widened Shares are down over 6% premarket Li Auto…
News
Root Inc Is Up 1,480%, No, Down 18% – Heck, What’s Right Here?
Key points: Root’s stock price is up 1,480% premarket ROOT’s stock value is down 25% in 24 hours There’s a reason for that divergence in values Root Inc…
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Bed, Bath, Beyond, A Dog, Shorted, Meme Stock – What’s The End Game?
Key points: Bed Bath and Beyond is not attractive by conventional measures But it’s a meme stock, lots of people playing in it That makes it both interesting…
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Turquoise Hill Falls 24% On Possible Rio Tinto Bid Rejection – What Next?
Key points: TRQ’s special committee is suggesting rejecting the Rio Tinto bid Maybe this is a good idea, maybe it’s just an attempt to shake out a better…
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Will Vast Resources Now Settle Down To Produce And Collect Revenues?
Key points: Vast Resources now have actual processing plants open This is a significant derisking of the company’s shares When, even if, will they reflect this? It’s possible…
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Abingdon Health Update “Disappointing” – Very, But What Next?
Key points: Abingdon Health’s trading update describes conditions as “disappointing” That’s certainly true, although they’ve finally got paid for the covid tests What matters is what comes next…
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Morses Club Profits In Line Expectations – But What About Compensation?
Key points: Morses Club results will now be next week The numbers are important, yes But the really important point is compensation to past borrowers Morses Club (LON:…
News
Longeveron Shares Rise Following Q2 Earnings
Key points: Longeveron reports earnings Friday, August 12 The company reported a wider than expected loss Shares gained 2% premarket Shares of Longeveron (NASDAQ: LGVN) are up 2%…
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Zillow Down? Dollar General, Costco Up? 3 Stocks to Watch
Key points: Despite the recent rally in stocks, there is still talk of a recession The S&P 500 hit a three-month high on Wednesday following inflation data Here…
