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SoftBank Shares Fall as Vision Fund Loses Money Amid Tech Rally

The SoftBank Group Corp - ADR (OTCMKTS: SFTBY) stock price fell premarket after its Vision Fund investment arm lost money again in the quarter that just ended, despite a rebound in tech stocks. In addition, the lack of a new

Simon Mugo
Getaround (GETR) Stock Soared 115% on the HyreCar Acquisition

The Getaround Inc (NYSE: GETR) stock price soared 114.6% after announcing that it had acquired all the assets of HyreCar, another car-sharing platform. The company acquired the premie ride-sharing app for an aggregate purchas

Simon Mugo
Oriole Resources (ORR) Shares Fell 5% on Salary Sacrifice Scheme

The Oriole Resources PLC (LON: ORR) share price fell 5% after revealing that it would issue new ordinary shares to its directors for forfeiting their salaries. The company plans to issue 2,116,259 ordinary shares to some boar

Simon Mugo
GSTechnologies (GST) Shares Rallied 11% on FCA Postponement

The GSTechnologies Ltd  (LON: GST) share price rallied 10.87% after the FCA informed the company that the final panel review meeting regarding the company’s stablecoin application for admission to the FCA’s Regulatory Sandbox

Simon Mugo
GSK Shares Rose 1.45% on Sale of Haleon Shares, Court Decision

The GSK plc (LON: GSK) share price rose 1.45% after revealing that it had completed the sale of shares in Haleon Plc as announced yesterday. The company had announced on 11 May 2023 that it was selling 240 million ordinary sh

Simon Mugo
GBPUSD Spikes Higher on BoE Rate Hike, Falls on Bailey Speech

The GBPUSD currency pair was trading down over 44 pips after making a new 2023 top following the Bank of England rate hike. The much anticipated 12th consecutive rate hike from the BoE resulted in a spike higher and then a se

Simon Mugo
Nio Stock Has Risen 9.42% in a Week on Launching a New Battery

The Nio Inc - ADR (NYSE: NIO) share price has risen 9.42% in a week as the company applied to start equipping its vehicle models with semi-solid-state batteries that can offer a better driving range. The company filed the veh

Simon Mugo
Audacy Stock Rallied 86.5% on Plans To Sell Assets and Cut Costs

The Audacy Inc (NYSE: AUD) stock price soared 86.5% after yesterday’s Q1 earnings releases, and the follow-up Q&A session shed more light on the company’s future. A key highlight of the Q&A session was pointed questio

Simon Mugo
ImmuPharma (IMM) Shares Fell 18.4% on the Final FY ’22 Results

The ImmuPharma PLC (LON: IMM) share price fell 18.4% after releasing its final results for the year ended 31 December 2022. The company lost £3.8 million, marking a significant improvement to the £8.2 million loss it incurred

Simon Mugo
iTV Shares Plunged 5.9% on Q1 2023 Results, Full-Year Guidance

The ITV plc (LON: ITV) share price plunged 5.88% on Q 2023 update after revealing that its total external revenues were down 7% to £776 million in 2023 from £834 million in 2022 during the first three months of the year ended

Simon Mugo
Addex Therapeutics (ADXN) Stock Rallied 62.1% on Phase 2 Study

The Addex Therapeutics Ltd - ADR (NASDAQ: ADXN) stock price rallied 62.1% after the ADX71149 (JNJ-40411813) Phase 2 epilepsy clinical study was recommended to continue by an Independent Interim Review Committee (IRC) followin

Simon Mugo
Unique Fabricating (UFAB) Stock Surged 132.8% Despite No News

The Unique Fabricating Inc (NYSEAMERICAN: UFAB) stock price surged 132.78% despite the lack of news from the company that specialises in the engineering and manufacturing of multi-material foam, rubber, and plastic components

Simon Mugo
Cellular Goods (CBX) Shares Soared 230% on Sephora Partnership

The Cellular Goods PLC (LON: CBX) share price soared 230% after revealing that it had entered into a contract with the multinational beauty and cosmetics retailer Sephora to have its “Look Better” skincare range available for

Simon Mugo
Velocys (VLS) Shares Spiked 27.1% on Altalto’s First DfT Funding

The Velocys PLC (LON: VLS) share price spiked by 27.1% higher after revealing that the Altalto Immingham Sustainable Aviation Fuel (SAF) Project had completed all the requirements to claim the first tranche of £7 million of t

Simon Mugo
Cineworld Shares Rallied 7.32% As It Prepares To Raise $2.6Bn

The Cineworld Group plc (LON: CINE) share price rallied 7.32% as the movie theatre operator prepares to exit bankruptcy proceedings. The company received approval from the U.S. Bankruptcy Court in Houston, Texas, to raise $2.

Simon Mugo
USDJPY Trades Sideways As the USD and JPY Lacked Momentum

The USDJPY currency pair was trading up slightly as the currency pair struggled to rally higher as the US dollar and Japanese yen remained equally matched. However, the US dollar’s lack of momentum kept the currency pair trad

Simon Mugo
Clearone (CLRO) Stock Soared 77.4% on a $1.00 Special Dividend

The Clearone Inc (NASDAQ: CLRO) stock soared 77.4% after declaring a one-time special dividend of $1.00 per share, citing the recent legal settlements, which generated extra cash for the company. The board decided to share th

Simon Mugo
Mobiquity Technologies (MOBQ) Stock Surged 80% Despite No News

The Mobiquity Technologies Inc (NASDAQ: MOBQ) stock price surged 79.9% despite the lack of news releases from the digital advertising and data intelligence company. The lack of recent news leaves us no voice but to look to pr

Simon Mugo
Hemogenyx Shares Edged 7.92% Higher on the FDA IND Application

The Hemogenyx Pharmaceuticals PLC (LON: HEMO) share price edged 7.92% higher after revealing that it had submitted an Investigational New Drug (IND) application seeking the FDA’s approval to start a Phase I clinical trial of

Simon Mugo
Kanabo Shares Plunged 4.92% on £2.54M Capital Raise, New Chair

The Kanabo Group Plc (LON: KNB) share price plunged 4.92% after announcing that it had completed fundraising to raise approximately £2.54 million via the issue of 88,194,443 new Ordinary Shares (Fundraise Shares).

Simon Mugo