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Bunzl Share Price Gapped Up 4.84% on Acquisitions, H1 Results

The Bunzl plc (LON: BNZL) share price gapped up 4.84% after the company announced two acquisitions in Poland and the Netherlands. Investors were excited by the two transactions in Poland and the Netherlands, as evidenced by t

Simon Mugo
Argo Blockchain (ARB) Shares Fell 3.83% on H1’23 Interim Results

The Argo Blockchain PLC (LON: ARB) share price fell 3.83% after releasing its interim results for the six months that ended 30 June 2023. The company generated revenues worth $24.0 million during H1 2023, marking a 31% declin

Simon Mugo
AMC Stock Price Is Down 72.4% in a Month – Can It Rally Higher?

The AMC Entertainment Holdings Inc (NYSE: AMC) share price has fallen over 72.4% in the past month amid several recent developments that led to converting its preferred shares, also known as APEs, into ordinary ones. This was

Simon Mugo
Mullen (MULN) Stock Price Is Down 45% in a Month. What’s Next?

The Mullen Automotive Inc (NASDAQ: MULN) stock price has fallen 45.4% in the past month. Despite his efforts to stop the bleeding and reassure investors, the CEO continues expressing disappointment in how the company’s stock

Simon Mugo
Micromibility.com Stock Price Rallied 28% Despite a Lack of News

The Micromobility.com Inc (NASDAQ: MCOM) stock price rallied 28.4% despite the lack of news releases from the company. The higher rally could be attributed to renewed investor interest in the company, as over 9.56 million MCO

Simon Mugo
USDJPY Rises on Upbeat US Dollar Ahead of Chair Powell Speech

The USDJPY currency pair traded sideways most of today as investors remained focused on the Jackson Hole Symposium, especially the Fed Chair’s comments. Still, the dollar started advancing against most of its peers, including

Simon Mugo
Why ChargePoint (CHPT) Stock Has Fallen 38.8% in Six Months

The ChargePoint Holdings Inc (NYSE: CHPT) stock price has fallen 38.8% in the past six months as investor sentiment towards the company soured. The EV charging network operator has seen its stock slide further in recent weeks

Simon Mugo
Coinbase (COIN) Stock Has Fallen 26% in a Month. What’s Next?

The Coinbase Global Inc (NASDAQ: COIN) stock price has fallen 25.9% in the past month despite several positive announcements we shall cover below. For example, the crypto exchange recently received approval from the National

Simon Mugo
Rio Tinto Shares Edge Higher After UK’s SFO Drops Investigation

The Rio Tinto plc (LON: RIO) share price edged 0.75% higher today after the UK’s Serious Fraud Office (SFO) dropped its investigation into the company about suspected corruption in the Republic of Guinea. The SFO updated its

Simon Mugo
Legal & General (LGEN) Shares Are Down 14% YTD. What’s Next?

The Legal & General Group Plc (LON: LGEN) share price has fallen 14.1% this year and just hit a new yearly low as investor sentiment towards the company remains bearish. The financial services company recently released it

Simon Mugo
US Dollar Index (DXY) Rallies on Upbeat US Data, Jackson Hole

The US Dollar Index (DXY) price was trading up over 42 pips as the US dollar rallied against its peers on the upbeat data released from the US docket. The US dollar was boosted by data releases from the country’s docket, incl

Simon Mugo
Foxo Technologies Stock Price Rallied 19% Despite Lacking News

The Foxo Technologies Inc (NYSEAMERICAN: FOXO) stock price rallied 18.9% despite the lack of news releases from the company today. However, the lack of recent news releases indicates that today’s rally could be driven by upbe

Simon Mugo
Esports Entertainment (GMBL) Stock Surged 30.9% on Upbeat Interest

The Esports Entertainment Group Inc (NASDAQ: GMBL) stock price rose 30.94% despite the lack of news releases from the company. The rally could be directly attributed to the renewed investor interest in the company, given that

Simon Mugo
Why the Scottish Mortgage (SMT) Shares Are Up 5.63% This Week

The Scottish Mortgage Investment Trust PLC (LON: SMT) share price has risen 5.63% in the past week, driven by positive investor sentiment. The investment trust has not made any new announcements to which we could attribute th

Simon Mugo
Valirx Share Price Rallied 10.8% on Its H1 ’23 Report and Highlights

The ValiRx Plc (LON: VAL) share price rallied 10.8% after releasing its half-yearly report for the six months ended 30 June 2023. The company highlighted that it launched its wholly-owned subsidiary, Inaphaea BioLabs Limited

Simon Mugo
Harbour Energy Shares Fell 3% on Mixed Half-Year 2023 Results

The Harbour Energy PLC (LON: HBR) share price fell 3.0% after releasing its half-year results for the six months ended 30 June 2023. The company shared that it produced 196 kboepd, marking a slight decline from H1 2022, where

Simon Mugo
Nvidia Shares Rose 6.57% After-Hours on Its Q2 Earnings Results

The NVIDIA Corp (NASDAQ: NVDA) share price rose 6.57% after announcing its quarterly results for its Q2 fiscal 2024 year. The company’s revenues beat expectations after reaching $13.51 billion, up 88% from Q1 and 101% from a

Simon Mugo
EURUSD Trades Sideways on Weak Eurozone and US PMI Data

The EURUSD currency pair was trading sideways at writing as the markets remained undecided on whether to push the currency pair higher or lower. The currency pair had alternated between gains and losses for most of the day.

Simon Mugo
WeWork Stock Price Has Fallen 91.4% This Year. Is This the End?

The Wework Inc (NYSE: WE) stock price has fallen 91.35% since the year began, leaving many wondering whether this is the end for the co-working spaces company. Many have blamed the company for acting like a tech company inste

Simon Mugo
Peloton Stock Price Fell 30% on Q4 2023 Earnings Amid Losses

The Peloton Interactive Inc (NASDAQ: PTON) stock price fell 30% after its fiscal Q4 2023 earnings results were released. The connected fitness company generated total revenues worth $642.1 million, with subscriptions accounti

Simon Mugo
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