Financial and energy stocks are leading the charge today…
Mobility technology firm Magna International’s (NYSE: MGA) and technology company LG Electronics announced a joint venture on Tuesday evening that will see them manufacture e-motors, inverters, on board chargers and, for some automakers, related e-drive systems.
Full Story: MAGNA INTERNATIONAL (MGA) STOCK RALLIES 29% AFTER JOINT VENTURE WITH LG ANNOUNCED
Shares of Scopus BioPharma are staging a strong rally on Wednesday despite there being no stock related news from the company.
Scopus shares are trading 37.79% higher at $18.05 following Tuesday’s close at $13.10.
The company debuted on the Nasdaq on the 16th of December, opening up at $7.70 before moving to highs of $47.86 before beginning to settle around the $16 mark.
Nikola Corp (NASDAQ: NKLA) shares are falling premarket on Wednesday after it was revealed that the electric vehicle company’s collaboration with Republic Services (NYSE: RSG) has been discontinued.
Full Story: NIKOLA CORP (NKLA) STOCK SLIDES AS REPUBLIC SERVICES COLLABORATION IS TERMINATED
Reports and rumours are that a Brexit deal has been completed. Political Correspondent at Sky News, Joe Pike tweeted to say that a Downing Street source told him a deal is done.
The GBPUSD has taken off, up 1.44% at 1.3543.
Shares of independent oil and gas exploration company, Cairn Energy (LON: CNE) are surging on Wednesday after India was ordered to pay $1.2 billion following arbitration proceedings in a tax dispute.
Full Story: CAIRN ENERGY (CNE) SHARE PRICE SURGES AFTER ARBITRATION AWARD
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage . 75 % of retail investor accounts lose money when trading CFDs with this provider . You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money .