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Powerhouse (PHE) Shares Rose 6.7% on Protos Project Acquisition

The Powerhouse Energy Group PLC (LON: PHE) share price rose 6.67% after announcing that it had assumed full ownership and control of the Protos plastics to hydrogen project at the Protos site near Chester in the UK. The proje

Simon Mugo
Kanabo Shares Edged Higher as Full-Year Losses Surged to £6.8M

The Kanabo Group PLC (LON: KNB) share price rose 2.81% after releasing its financial results for the twelve months ended 31 December 2022. The company revealed its revenues surged 726% to £603,000 from the £73,000 recorded in

Simon Mugo
Li Auto Stock Edges 3% Higher on April Deliveries – What’s Next?

The Li Auto Inc (NASDAQ: LI) stock price edged 3% higher after revealing that it had delivered 25,681 vehicles in April 2023, marking the second consecutive month that the company’s deliveries had exceeded the 20,000 mark.

Simon Mugo
Quhuo (QH) Stock Soared 142.8% Despite Lack of News – Here’s Why

The Quhuo Ltd - ADR (NASDAQ: QH) stock price soared 142.8% despite the lack of significant news releases from the SaaS company, which operates across multiple Chinese cities. However, the firm released a minor video update ab

Simon Mugo
First Republic Bank (FRC) Stock Plunges 45.9% Amid JPM Takeover

The First Republic Bank (NYSE: FRC) stock price plunged 45.9% after the Federal Deposit Insurance Corporation (FDIC) took over the bank and immediately sold it to JPMorgan, making the country’s largest bank by asset base much

Simon Mugo
Exxon Stock Price Edges Higher Ahead of Earnings. What’s Next?

The ExxonMobil Corp (NYSE: XOM) stock price increased during premarket trading as investors bet on a positive earnings release from the oil major despite the turbulent Q1. The markets did not have to wait for long as the oil

Simon Mugo
AGBA Group Stock Price Soared 208.3% Despite the Lack of News

The AGBA Group Holding Ltd (NASDAQ: AGBA) stock price soared 208.3% despite the lack of news from the Hong Kong-based financial services provider. The surge in AGBA stock could be directly attributed to a flood of buyers push

Simon Mugo
MGC Pharma Shares Rallied 9.8% on the Q1 Update – Here’s Why

The MGC Pharmaceuticals Ltd (LON: MXC) share price rallied 9.76% after issuing its financial and operational report for the quarter that ended 31 March 2023. The company revealed that its COVID-19 treatment ArtemiCâ„¢ had been

Simon Mugo
Numis Share Price Soared 64.4% on Deutsche Bank £410M Takeover

The Numis Corporation PLC (LON: NUM) share price soared 64.4% after revealing that it had agreed on a recommended all-cash offer for the company from Deutsche Bank, which intends to pay 350p per share (£410m) for the entire i

Simon Mugo
20 Stocks Responsible For Nearly All S&P 500 Gains This Year

According to the Financial Times, the S&P 500's market value has increased by $2.36 trillion this year (as of April 8), and nearly all of it is due to the success of just twenty stocks, which have accounted for 90% of the

Sam Boughedda
Argo Blockchain Share Price Fell 3.9% on Full-Year 2022 Results

The Argo Blockchain PLC (LON: ARB) share price edged 3.88% lower after releasing its financial results for the year to 31 December 2022. The company mined 2,156 BTC in 2022, representing a 5% increase from the BTC mined in 20

Simon Mugo
Cineworld Shares Trade Sideways on Looming Restructuring Loss

The Cineworld Group plc (LON: CINE) share price has been trading sideways even as shareholders grapple with the looming wipeout of their shares as the company moves ahead with restructuring plans that will wipe out existing s

Simon Mugo
Intel Stock Edged Lower Ahead of Key Q1 Earnings – Here’s Why

The Intel Corporation (NASDAQ: INTC) stock price trended lower during the premarket trading session as investors waited for the company’s Q1 results. The company is expected to release its Q1 earnings results after the market

Simon Mugo
Evelo Biosciences (EVLO) Stock Soared 86% on Weak Trial Results

The Evelo Biosciences Inc (NASDAQ: EVLO) stock price soared 86.1% despite yesterday’s clinical updates saw its stock price fall 32.9%. Today’s rebound can be attributed to a shift in investor sentiment as busters stepped in a

Simon Mugo
Kodal Minerals Shares Fell 12.8% After Extending the Funding Date

The Kodal Minerals PLC (LON: KOD) share price fell 12.8% after announcing that it had agreed with its funding partners to extend the long stop date for the completion of the funding package announced on 19 January 2023 to 31

Simon Mugo
Sainsbury’s Share Price Edged Higher, Then Fell on FY22 Results

The J Sainsbury plc (LON: SBRY) share price increased after releasing its financial results for the 52 weeks that ended 4 March 2023. The supermarket chain revealed that it had significantly progressed in repositioning its bu

Simon Mugo
Synairgen Shares Dropped 28% on Full-Year Results. What’s Next?

The Synairgen plc (LON: SNG) share price fell 28.13% after releasing the final results for the year ended 31 December 2022. The company noted that it had made progress in developing its SNG001 drug candidate for treating long

Simon Mugo
Activision Blizzard Shares Plunged 11.5% As UK CMA Blocks Deal

The Activision Blizzard Inc (NASDAQ: ATVI) share price plunged 11.45% after the UK Competition and Markets Authority (CMA) blocked its $69 billion takeover by Microsoft because Microsoft “failed to effectively address the con

Simon Mugo
AUDUSD Falls on Mixed Australian Inflation Data. What’s Next?

The AUDUSD currency pair was trading down for the day as the Aussie weakened against the US dollar during the American session following the release of mixed Australian CPI data during the early Asian session. The mixed data

Simon Mugo
Clearmind Medicine (CMND) Stock Rallied 64.8% Amid Lack of News

The Clearmind Medicine Inc (NASDAQ: CMND) stock price rallied 64.8% despite the lack of announcements today as investors digested the company’s previous news, including hiring an experienced Contract Research Organisation (CR

Simon Mugo