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SoFi Technologies Stock Rose 12%+ Premarket on Q2 Earnings Data

SoFi Technologies Inc (NASDAQ: SOFI) stock price rose 12.36% during premarket trading after releasing its financial results for the second quarter of 2023. The fintech company reported a 37% jump in its GAAP net revenues to $

Simon Mugo
Foxo Technologies Stock Rallied 101% on Delayed News Reaction

The Foxo Technologies Inc (NYSEAMERICAN: FOXO) stock price rallied 100.67% despite the lack of recent news releases as buyers flocked to the stock. The rally higher was primarily driven by positive investor sentiment towards

Simon Mugo
AFC Energy Shares Fell 9.75% on Mixed H1 2023 Interim Results

The AFC Energy plc (LON: AFC) share price fell 9.75% after releasing the interim results for the half-year ended 30 April 2023. The company noted that it had successfully leased its H-Power Tower generator across eight custom

Simon Mugo
GSTechnologies Shares Trade Flat Despite Upbeat FY ’23 Results

The GSTechnologies Ltd (LON: GST) share price traded flat despite releasing its audited financial results for the year ended 31 March 2023. Some of the report’s highlights included the acquisition of Angra Limited in February

Simon Mugo
BT Group Shares Were Down 1.17% on a New CEO’s Appointment

The BT Group Plc (LON: BT.A) share price was down 1.17% after announcing the appointment of Allison Kirkby as its next CEO. She is scheduled to take over from the current CEO, Philip Jansen, around January 2024. Investors wer

Simon Mugo
Eqtec Shares Edged 6.67% Higher on Steam-Oxygen Test Results

The EQTEC PLC (LON: EQT) share price edged 6.67% higher after announcing that it had completed the steam-oxygen gasification tests conducted in partnership with the Energy from Biomass and Wastes (ERBE) team. 

Simon Mugo
USDJPY Rallies As US Dollar Rallies Against Yen on BoJ Decision

The USDJPY currency pair was trading up over 98 pips as the US dollar rallied against the Japanese yen, driven by the Bank of Japan’s dovish interest rate decision. The BoJ is the only leading central bank that has maintained

Simon Mugo
Royal Caribbean (RCL) Stock Rallied 8.72% on Q2 Earnings Results

The Royal Caribbean Cruises Ltd (NYSE: RCL) stock price rallied 8.72% after the cruise line operator released its second-quarter earnings results and updated its full-year guidance. The company generated earnings per share of

Simon Mugo
Unique Fabricating (UFAB) Stock Soared 99% on Investor Interest

The Unique Fabricating Inc (NYSEAMERICAN: UFAB) stock price soared 98.8% despite the lack of news releases from the company that supplies parts to vehicle manufacturers. Over 14.48 million UFAB shares had changed hands at wri

Simon Mugo
Bushveld Minerals (BMN) Shares Plunged 21.4% on Enerox Option

The Bushveld Minerals Limited (LON: BMN) share price plunged 21.4% on news that its subsidiary, VRFB Holdings Limited (VRFB-H), had received a notice from Garnet Commerce Limited (Garnet) would like to exercise its option in

Simon Mugo
AstraZeneca (AZN) Shares Edge 4.7% Higher on Half-Year Report

The AstraZeneca plc (LON: AZN) share price edged 4.71% higher after the release of fiscal Q2 and H1 financial results. The company’s total revenues rose 4% to $22,295 million despite a massive decline of $2,181 million from t

Simon Mugo
Cineworld Shares Suspended From LSE As Administration Begins

The Cineworld Group plc (LON: CINE) shares were suspended from trading on the London Stock Exchange (LSE) after the company’s board approved the appointment of administrators for the group as the last step before the company

Simon Mugo
EURUSD Fell on the ECB’s 0.25% Rate Hike, and Lagarde Speech

The EURUSD currency pair was trading down over 57 pips following the European Central Bank’s (ECB) latest monetary policy decision, raising interest rates by 0.25% to 4.25%. The currency pair was headed higher earlier as the

Simon Mugo
Intel Stock Was Up 1.34% Ahead of Q2 Earnings, AI Chips Impact

The Intel Corporation (NASDAQ: INTC) stock price was up 1.34% ahead of the company's earnings results after the market close today. The move higher could signal investor confidence in the company’s performance during Q2 despi

Simon Mugo
Mattel Stock Was Down 1.27% on Weak Q2 Results, Barbie Movie

The Mattel Inc (NASDAQ: MAT) stock price was down 1.27% a day after its second-quarter earnings results were released. The company recorded a 13% constant currency decline in net sales to $1,087 million. The company’s gross m

Simon Mugo
Frasers’ Shares Increased 3.24% on the £478.1M FY 2023 Profits

The Frasers Group PLC (LON: FRAS) share price increased by 3.24% after releasing its financial results for the full year to 30 April 2023. The company reported strong performance across the group led by UK Sports Retail, whic

Simon Mugo
British Gas Owner Centrica Shares Edged Up 5.4% on Q2 Profits

The British Gas owner Centrica PLC (LON: CNA) share price edged 5.4% higher after releasing its financial results for the six months ended 30 June 2023. The company reported an adjusted operating profit of £2.1 billion versus

Simon Mugo
Shell Shares Rose 2.27% on Weak Q2 FY23 Profits, Low Oil Prices

The Shell PLC (LON: SHEL) share price rose 2.27% after its Q2 fiscal 2023 financial results were released. The oil major’s profits fell by over half to its Q2 2023 profit of $5.07 billion from its Q2 2022  profit of $11.5 bil

Simon Mugo
Amigo Shares Fell 31.3% on FY 2023 Results, Orderly Wind-Down

The Amigo Holdings PLC (LON: AMGO) share price fell 31.3% after releasing the financial results for the financial year ended 31 March 2023. The company is currently undergoing an orderly wind-down of its business. However, it

Simon Mugo
AUDUSD Fell on Weak Inflation Data, Strong USD Ahead of FOMC

The AUDUSD currency pair was trading down over 57 pips after the release of downbeat Australian inflation data, where the latest monthly CPI data came in at 0.8%, missing analysts' expectations of 1%. However, the annualised

Simon Mugo
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