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Marathon Oil (MRO) Stock Rallied 10% on OPEC+ Oil Output Cuts
The Marathon Oil Corp (NYSE: MRO) stock price rallied 10.2% after OPEC+ announced production cuts of up to 1.16 million barrels of oil daily. The group led by Saudi Arabia announced the output cuts to boost oil prices, tradin
Why Li Auto Stock Barely Moved On Upbeat March & Q1 Deliveries
The Li Auto Inc (NASDAQ: LI) stock price barely moved during premarket trading despite the EV manufacturer announcing that it had delivered 20,823 vehicles in March, bringing its total for the year's first quarter to 52,584 v
Wizz Air Shares Dropped 4.68% on Oil Price Surge, Upbeat Data
The Wizz Air Holdings PLC (LON: WIZZ) share price dropped 4.68% despite the budget airline releasing upbeat passenger data for March. The airline carried 4,267,274 passengers, marking a 72.3% expansion compared to March 2022,
COPL Shares Fell 10.1% on Q4 2022 Financial Results and Update
The Canadian Overseas Petroleum Limited (LON: COPL) share price fell 10.1% after its Q4 2022 financial results were released. The oil and gas company generated net royalties of $6.7 million from petroleum sales compared to $7
Kodal Minerals’ Share Price Rose 8.14% on Bouguoni Mine Update
The Kodal Minerals PLC (LON: KOD) share price rose 8.14% after issuing a progress update about its Bouguoni lithium mine operations in Southern Mali. The company revealed that it had drilled 14 reverse circulation (RC) and 18
Cineworld Shares Plunged 39% on Reaching a Restructuring Deal
The Cineworld Group plc (LON: CINE) share price plunged 39.4% after revealing that it had reached a restructuring support agreement (RSA) and a backstop commitment agreement (BCA) with lenders holding and controlling about 83
USDCAD Bounced off Support Despite Robust Canadian GDP Data
The USDCAD currency pair was trading up over 10 pips at writing, having given up some of its earlier gains as the Canadian dollar fought to keep pushing the US dollar lower as it has done most of the week. The loonie was boos
Mullen Auto (MULN) Stock Surged 39% on EV Cargo Vans Delivery
The Mullen Automotive Inc (NASDAQ: MULN) stock price surged 39.3% after revealing that it had delivered class 1 EV cargo vans to MGT Lease Company in Highpoint, North Carolina. Randy Marion Automotive Group fulfilled the vehi
Why Abingdon Health (ABDX) Shares Were Muted on H2 Results
The Abingdon Health PLC (LON: ABDX) share price barely moved after releasing its financial results for the six months to 31 December 2022. The company highlighted that it had fully transitioned from COVID-19 to a contract dev
Velocys Shares Rose 6.64% on the UK Govt SAF Consultation Paper
The Velocys PLC (LON: VLS) share price rose 6.64% after welcoming a consultation paper from the UK government containing various proposals to support and finance the UK’s sustainable aviation fuel (SAF) industry. The company
Arc Minerals Shares Rallied 17.4% on Zambian JV Date Extension
The ARC Minerals Ltd (LON: ARCM) share price rallied 17.4% after announcing that it had gotten an extension to the deadline for completing its joint venture agreement with a subsidiary of Anglo American plc regarding its copp
EURUSD Rallies on Upbeat German Inflation, Weak US GDP Data
The EURUSD currency pair was trading up over 70 pips, boosted by the upbeat German consumer inflation data released earlier today. The Gemrna CPI came in at 7.4% beating analysts' expectations of 7.3%. The German harmonised C
Evgo Stock Price Rallied 25% on Q4 ’22 Results, $27.3M Revenue
The Evgo Inc (NASDAQ: EVGO) stock price rallied 25.04% after its Q4 2022 earnings results were released. The company’s Q4 revenues soared 283% to $27.3 million from $7.12 million in Q4 2021. The firm’s net loss fell 63% to $1
SCYNEXIS Stock Soared 92% on $593M GSK License Agreement
The SCYNEXIS Inc (NASDAQ: SCYX) stock price soared 91.6% after signing an exclusive agreement with GSK to commercialise and further develop Brexafemme (ibrexafungerp tablets), an FDA-approved treatment for vulvovaginal candid
Why Scotgold Resources Shares Rose 15% Despite H1 ’23 Losses
The Scotgold Resources Ltd (LON: SGZ) share price rose 15.2% after releasing its financial results for the six months to 31 December 2022. The Scottish gold producer revealed that it produced 3,809 ounces of gold during the s
Genedrive Shares Fell 11.2% Despite NICE Final Recommendation
The Genedrive PLC (LON: GDR) share price fell 11.2% after revealing that the UK’s National Institute for Health and Care Excellence (NICE) has ratified and finalised its recommendation after a public consultation process.
Why Royal Mail (IDS) Shares Remain Muted on CWU Strike Threats
The Royal Mail share price, now known as International Distributions Services PLC (LON: IDS), inched higher today despite the Communication Workers Union (CWU) saying that it would call for further strikes soon if it cannot r
GBPUSD Fell As Dollar Gained on Pound, Risk Sentiment Abates
The GBPUSD currency pair was trading down over 29 pips as the US dollar rallied against the Sterling pound as investor risk appetite abated slightly. The currency pair is still on track to reaching its January 2023 and Decemb
AbbVie Stock Has Risen 10.4% From Its Feb Lows. Is There More?
The AbbVie Inc (NYSE: ABBV) stock price has risen 10.4% from its February lows but is still down 2.23% for the year after falling heavily in January. The recent rally in AbbVie stock has left many wondering whether there coul
Futura Medical (FUM) Shares Surged 9.53% on ED Drug Progress
The Futura Medical plc. (LON: FUM) share price surged 9.53% after revealing that it had submitted all the confirmatory data requested by the US Food and Drug Administration (FDA) concerning approving its MED3000 erectile dysf
