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UK Government Still Looking to Crypto Future
On Tuesday, Andrew Griffith, the economic secretary to the Treasury, told MPs on the Treasury Select Committee that the UK government is committed to becoming a world crypto hub, as
Direct Line Share Price Plunged 30% on Scrapping 2022 Dividend
The Direct Line Insurance Group PLC (LON: DLG) share price plunged 30.3% after releasing a trading update for the fourth quarter of 2022. Investors reacted negatively to the company scrapping its full-year dividend due to inc
Royal Mail (IDS) Shares Are Up 3.28% YTD. Will It Keep Rising?
The Royal Mail share price, now known as International Distributions Services PLC (LON: IDS), was trading up 3.28% for the year after yesterday’s significant retracements that eroded much of the gains made since the year bega
Sainsbury’s Shares Slide Despite “Record” Christmas
Sainsbury PLC (LON: SBRY) shares are down in early Wednesday trading despite the supermarket reporting a "record" Christmas. The group's
JD Sports Shares Rise As Profit Seen At Higher End Of Market Expectations
JD Sports Fashion (LON: JD.) shares jumped at the open Wednesday after the company said it expects profit before tax for the year ended January 28 to be towards the top end of current market expectations.
US Dollar Index: Dollar Lacks Direction As Earnings Season Starts
The US Dollar Index was trading sideways today as the dollar stabilised, following a two-day decline driven by hawkish expectations. However, the much-anticipated speech from Fed Chair Jerome Powell did not boost the dollar.
JD Sports Shares Rise Ahead Of Trading Update — Here’s What to Expect
The Christmas period has resulted in several London-listed retailer stocks rising, and JD Sports Fashion (LON: JD.) is no different, climbing over 13% in the last month.
Vyne Therapeutics (VYNE) Stock Rose 73.7% After Dosing Patient
Vyne Therapeutics Inc (NASDAQ: VYNE) stock price rose 73.7% on news that the company had dosed the first patient in its Phase 1 a/b clinical trial of its VYN201 vitiligo treatment. However, this was not the first time the com
Panbela Therapeutics (PBLA) Stock Soared 71.7% – Here’s Why
The Panbela Therapeutics Inc (NASDAQ: PBLA) stock price soared 71.7% despite a lack of news from the biopharmaceutical company. Therefore, today’s rally could easily be attributed to renewed investor interest in the firm.
Bumble Shares Rise After KeyBanc Upgrade
Bumble (NASDAQ: BMBL) shares are up premarket Tuesday after the stock was upgraded to Overweight from Sector Weight at KeyBanc. The Bumbl
Coinbase Shares Started At Hold By Jefferies
Coinbase (NASDAQ: COIN) jumped more than 15% Monday as cryptocurrencies rose on the back of the positive market sentiment, but Jefferies analyst Trevor Williams is not yet convinced, initiating coverage of the stock with a Ho
Apple Share Price Target Lowered On ‘Structurally Challenged Sector’
Apple (NASDAQ: AAPL) shares rose 0.4% in Monday's session, despite Bernstein analyst Toni Sacconaghi cutting the firm's price target on the stock.
MGC Pharma (MXC) Shares Rallied 21% on Pre-Clinical Rat Study
The MGC Pharmaceuticals Ltd (LON: MXC) share price rallied 21% after completing the full pre-clinical rodents study panel for CimetrATM. The successful study was conducted at the Smart Assays laboratory in Israel.
Binance Woes Highlighted By Forbes
A recent report from Forbes has highlighted ongoing concerns at the world’s largest cryptocurrency exchange, Binance. In the wake of the collapse of FTX, investors and customers are right to be concerned.
Braveheart (BRH) Shares Plummeted 21.4% on Operations Update
The Braveheart Investment Group plc (LON: BRH) share price plummeted 21.4% after issuing an update regarding its two portfolio businesses, Paraytec Limited, which owns 100% of the outstanding shares and Phasefocus Holdings, i
Hornby Shares Slide As Macro Headwinds Impact Sales
Hornby (LON: HRN) shares tumbled early on Tuesday after it said a challenging consumer economic climate will impact its full-year figures.
AO World Shares Rise After Raising Guidance
AO World (LON: AO.) shares gained in early Tuesday trading after the company said in a trading update that the actions taken to reduce costs and improve margins are gaining traction.
Games Workshop Shares Slide As Pre-Tax Profit Falls
Games Workshop (LON: GAW) shares have slumped more than 5% Tuesday after it posted its half-yearly results for the 26-week period to November 27, 2022, revealing a decline in interim profits.
Nanosynth (NNN) Shares Plunged 32% on Discounted Capital Raise
The Nanosynth Group PLC (LON: NNN) share price plunged 31.9% after announcing a placement to raise £0.4 million by issuing 222,222,222 new ordinary shares priced at 0.18p each, representing a 32% discount to yesterday’s closi
EURUSD Price: Euro Rallies As US Politics Weigh on the Dollar
The EURUSD currency pair was trading almost 90 pips during the early American session as the euro rallied against the weaker US dollar following last week’s nonfarm payrolls data and the ISM PMI data, which triggered the US d