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Amigo Shares Continue Falling As Orderly Wind-Down Continues

The Amigo Holdings PLC (LON: AMGO) share price was trading down 5.83% today as investors continue tracking the orderly wind-down of the company, which is set to wipe out ordinary shareholders.

Simon Mugo
GBPUSD Rallies Higher To Become Today’s Top-Performing Pair

The GBPUSD currency pair was trading up over 80 pips at writing as the British pound rallied higher against the US dollar despite the lack of news releases from the UK docket. The pair soared higher in the early London sessio

Simon Mugo
Qualtek Services (QTEK) Shares Soared 187% Today – Here’s Why

The QualTek Services Inc (NASDAQ: QTEK) share price soared 187% today despite the lack of news releases as investors reacted to the financial restructuring news announced Wednesday last week to reduce its debt by up to $307 m

Simon Mugo
Ideanomics (IDEX) Shares Rallied 45.3% on Investor Interest

The Ideanomics Inc (NASDAQ: IDEX) share price surged 45.3% despite the lack of recent news releases. The company’s history shows it received a delisting notice from the NASDAQ on May 19, 2023, which could explain what is behi

Simon Mugo
Ocado Shares Have Fallen 22% in a Month. Can They Recover?

The Ocado Group PLC (LON: OCDO) share price has fallen 22% in a month amid fears that it would be relegated from the premier FTSE 100 index and replaced by another firm. The most likely firm to replace Ocado is IMI Plc, an en

Simon Mugo
Greatland Gold (GGP) Shares Jumped 10.3% on Farm-In Agreement

The Greatland Gold plc (LON: GGP) share price jumped 10.3% after announcing that it had entered into a farm-in and joint venture agreement with Rio Tinto, the global mining group, to fast-track the exploration of a highly pro

Simon Mugo
Empire Metals (EEE) Shares Rallied 25% on Giant Titanium Discovery

The Empire Metals Ltd (LON: EEE) share price rallied 24.9% after discovering a “giant" copper and titanium mineral system at its Pitfield project, including a new, high-grade titanium discovery. The results were highly signif

Simon Mugo
Nvidia Stock Surges, Raising Its Market Cap to Almost $1 Trillion

The NVIDIA Corporation (NASDAQ: NVDA) stock price has risen significantly to bring its market capitalisation to almost $1 trillion, making it the most valuable chip manufacturer in the world. The company added about $184 bill

Simon Mugo
Boohoo Shares Are Down 19.2% in a Month. Will They Keep Falling?

The Boohoo Group PLC (LON: BOO) share price has fallen 19.2% during the past month, leaving many wondering whether the decline will continue. As seen in the chart below, the fast fashion company could have fallen further but

Simon Mugo
ASOS Shares Spiked 8.4% As the Retail Share Offer Remains Open

The ASOS plc (LON: ASC) share price spiked 8.35% higher after completing the placing of new ordinary shares worth £75 million, whose proceeds will be used to support the Driving Change agenda. The ultimate goal of the capital

Simon Mugo
XPeng Stock Price Fell 9.77% on Weak Q1 ’23 Vehicle Deliveries

Chinese EV company Xpeng Inc - ADR (NYSE: XPEV) released its quarterly delivery numbers today, which were lower than expected as the global EV sector struggles. The company delivered 18,230 vehicles, 17.9% lower than the 22,2

Simon Mugo
Taiwan Semiconductor (TSM) Shares Fall on Apple, Broadcom Deal

The Taiwan Semiconductor Mfg. Co. Ltd. (NYSE: TSM) share price fell during premarket trading after Apple Inc announced a multi-billion dollar deal with Broadcom to manufacture and supply 5G chips. The move comes as Apple work

Simon Mugo
SSE Shares Have Risen on FY ’23 Results, Net Zero Investments

The SSE PLC (LON: SSE) share price has risen 13% since the year began, and investors have more reasons to smile after the company released its financial results for the full year ending 31 March 2023. The Australian energy co

Simon Mugo
Rolls Royce Shares Fell on Plans to Stop the Air Capture Project

Rolls-Royce Holdings PLC (LON: RR) new CEO, Tufan Erginbilgic, has discontinued part of the company's work on creating a direct air capture (DAC) product to cut costs and refocus the aircraft engine manufacturer on other prof

Simon Mugo
GBPUSD Pair Falls on UK PMIs, Then Recovers on IMF Optimism

The GBPUSD currency pair traded down over 30 pips after Markit Economics released downbeat UK PMI data. According to the latest UK PMI data, the UK Manufacturing industry shrunk as the PMI came in at 46.9, missing analysts' e

Simon Mugo
NIO Shares Are up 5.9% in a Month. So is the EV Company a Buy?

The Nio Inc - ADR (NYSE: NIO) share price has risen 5.9% in a month, leaving investors wondering if it is a buy. So, should you buy NIO shares? Read on to find out. The first thing to note is that NIO is an EV company that ha

Simon Mugo
ITV Shares Edged 2.45% Higher on Acquiring PitPat Pet Company

The ITV plc (LON: ITV) share price edged 2.45% higher after announcing the acquisition of pet health and wellness company PitPat and adding the firm to its Media for Equity portfolio. ITV’s investment will help PitPat build m

Simon Mugo
Baron Oil (BOIL) Shares Rallied 10% on 2022 Full-Year Results

The Baron Oil PLC (LON: BOIL) share price rallied 10% after releasing the financial results for the year ended 31 December 2022. The company is still in the exploration stages and did not generate any revenues during the past

Simon Mugo
Why Cineworld Shares Rose 30.1% in a Week, Then Crashed

The Cineworld Group plc (LON: CINE) share price has risen 30.1% in the past week as it prepares to exit bankruptcy. The company’s shares have risen despite the odds as investors looked forward to the big day before crashing y

Simon Mugo
Helium One (HE1) Shares Rose 4.4% on New Resource Estimates

The Helium One Global Ltd (LON: HE1) share price edged 4.41% higher after announcing that it had completed an independent verification of the prospective resources at the Tai Prospect (Tai). The company had evaluated the tota

Simon Mugo