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Vast Resources (VAST) Shares Plunged 24% on Debt Payment Delay

The Vast Resources PLC (LON: VAST) share price plunged 24% after issuing a very brief update regarding the settlement of a historic parcel of debts that was supposed to be settled by now. The company noted that it could not s

Simon Mugo
Why EURUSD Fell Despite the ECB Hiking Rates to Record Highs

The EURUSD currency pair fell despite the European Central Bank (ECB) hiking interest rates for the 10th consecutive time to 4% from 3.75%, warning that inflation was "expected to remain too high for too long".

Simon Mugo
HP Inc (HPQ) Stock Price Fell 6.61% in a Week on Buffet Stock Sell

The HP Inc (NYSE: HPQ) stock price fell 6.61% after the Oracle of Omaha, Warren Buffett’s Berkshire Hathaway, confirmed that it sold 5.5 million shares valued at $158 million in HP Inc. The regulatory filing did not disclose

Simon Mugo
Birkenstock IPO: 250-Year-Old Shoe Firm Files IPO Documents

Birkenstock finally filed its IPO registration statement on Tuesday, September 12, 2023, confirming the rumours circulating among the media and the public that the company was considering filing for a US IPO shortly.

Simon Mugo
Games Workshop Shares Surged 13% on Update, Dividend Payout

The Games Workshop Group PLC (LON: GAW) surged 12.98% after announcing that trading for the three months to 27 August 2023 was ahead of the Board's expectations for the quarter with core revenue of about £121 million compared

Simon Mugo
Arm IPO: Arm Is Seeking To Raise a Reduced $4.87 Billion in IPO

SoftBank’s Arm is now expected to raise as much as $4.87 billion in its long-awaited IPO, making it the largest IPO of 2023, surpassing the $4.37 billion listing by Johnson & Johnson’s consumer health spinoff Kenvue Inc.

Simon Mugo
Rockfire Resources (ROCK) Shares Were Suspended on Acquisition

The Rockfire Resources PLC (LON: ROCK) shares were suspended from the AIM after announcing that it had acquired two cash-generating businesses from Paloma Precious DMCC. The company acquired 99% of Emperesse Bullion LLC (Empe

Simon Mugo
Power Metal (POW) Shares Gapped 4.9% on New Gold Anomalies

The Power Metal Resources PLC (LON: POW) share price gapped up 4.94% after announcing the results of geochemical soil sampling, which confirmed two significant gold anomalies at its 100%-owned Tati Gold Project located on the

Simon Mugo
Powerhouse Energy (PHE) Shares Rose 5.9% on EU Patent Grant

The Powerhouse Energy Group PLC (LON: PHE) share price rose 5.88% after announcing that the European Patent Office had granted the company’s patent application regarding "Method and Apparatus for the Treatment of Waste Materi

Simon Mugo
Qualcomm (QCOM) Stock Rose 5.6% on the Apple 5G Chips Deal

The Qualcomm Inc (NASDAQ: QCOM) stock price rose 5.62% after announcing that it had signed a three-year agreement with Apple Inc. to supply Snapdragon® 5G Modem‑RF Systems for smartphone launches in 2024, 2025 and 2026.

Simon Mugo
Canadian (COPL) Share Price Fell 10.8% on a $3.5M Capital Raise

The Canadian Overseas Petroleum Limited (LON: COPL) share price fell 10.79% after announcing that it had raised a $3.5 million equity injection at 4p per share from Anavio. The discount offered to the participating investors

Simon Mugo
AMC Stock Price Rallied 8% After a $325.5M Discounted Fundraise

The AMC Entertainment Holdings Inc (NYSE: AMC) stock price rallied 8% after announcing that it had raised $325.5 million after issuing 40 million new shares priced at $8.14 each. The at-the-market (ATM) equity offering launch

Simon Mugo
Arm IPO: Arm Prices Its IPO Shares at $51, Valuing It at $54.5Bn

Arm is scheduled to start trading on the Nasdaq later today after pricing its IPO shares at $51 each, translating to a market capitalisation of $54.5 billion. The company plans to list at least 95.5 million American depositor

Simon Mugo
Trainline Stock Price Surged 16% on H1 Results, Share Buyback

The Trainline PLC (LON: TRN) stock price surged 16% after releasing the financial results for the first six months of its 2024 fiscal year, which was the period from 1 March 2023 to 31 August 2023. The rail and coach travel t

Simon Mugo
Why Vistry Shares Traded Sideways Despite Winning Two Contracts

The Vistry Group PLC (LON: VTY) share price traded sideways after the company announced that it had been selected as the preferred delivery partner on two schemes providing more than 1,500 new homes within the UK. The lacklus

Simon Mugo
Greatland Gold (GGP) Shares Rallied 8.36% on the Latest Update

The Greatland Gold plc (LON: GGP) share price rallied 8.36% after issuing a corporate update regarding an unsecured standby debt facility of A$50 million (approx. £26 million) signed with cornerstone shareholder Wyloo Consoli

Simon Mugo
Apple (AAPL) Stock Fell for the Second Day After iPhone 15 Launch

The Apple Inc (NASDAQ: AAPL) stock price fell slightly for the second day after the much-awaited launch of its iPhone 15 smartphones on September 12, 2023. The firm was expected to increase prices but kept them the same, exce

Simon Mugo
Rocket Pharma (RCKT) Stock Soared 37% on FDA Trial Alignment

The Rocket Pharmaceuticals Inc (NASDAQ: RCKT) stock price soared 37.4% after announcing that it had reached alignment with the US Food and Drug Administration (FDA) on a pivotal Phase 2 trial design for its RP-A501 drug treat

Simon Mugo
Spirit Airlines (SAVE) Stock Price Fell 4.5% on Lower Q3 Guidance

The Spirit Airlines Inc (NYSE: SAVE) stock price fell 4.51% during premarket trading after lowering its third-quarter guidance to reflect increased promotional activity for travel in the second half and a recent spike in fuel

Simon Mugo
Apple (AAPL) Stock Edged Higher Ahead of Today’s Keynote Event

The Apple Inc (NASDAQ: AAPL) stock price edged 0.34% higher ahead of the planned September keynote event scheduled for 10:00 a.m. Pacific time. The company is expected to reveal its lineup of iPhone 15s, its latest Apple Watc

Simon Mugo
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