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Ceres Power Shares Plunged 15% on the H1 2023 Trading Update

The Ceres Power Holdings plc (LON: CWR) share price plunged by 15.1% after issuing a trading update for the six months ended 30 June 2023. The company expects to generate revenues worth £11 million compared to the £9.7 millio

Simon Mugo
EURUSD Falls on Weak Eurozone PMI Data Amid a Strong Dollar

The EURUSD currency pair was trading down over 49 pips as the euro remained predominantly weaker than the US dollar. The pair’s weakness could be directly attributed to the weak PMI data across the eurozone that allowed the U

Simon Mugo
Digital World (DWAC) Stock Was Down 8.22% After Friday’s Rally

The Digital World Acquisition Corp (NASDAQ: DWAC) stock price was trading down 8.22% premarket, undoing some of the gains made on Friday last week when the stock rallied 50.30% despite a lack of news. The lack of news means D

Simon Mugo
Mullen Auto (MULN) Stock Is Down 98.3% This Year. What’s Next?

The Mullen Automotive Inc (NASDAQ: MULN) stock price has fallen 98.3% since the year started on negative investor sentiment. The question is, Can Mullen Automotive turn around? Yes. The company has many positives it could tap

Simon Mugo
Ryanair Shares Dropped 6.3% Despite Upbeat Q1 FY2024 Results

The Ryanair Holdings plc (NASDAQ: RAAY) share price dropped by 6.26% after reporting Q1 profits of €663 million, compared to a similar period last year when its Q1 profit after tax (PAT) of €170 million. The airline’s high ea

Simon Mugo
Canadian Overseas (COPL) Shares Rallied 29.8% on the JV Letter

The Canadian Overseas Petroleum Limited (LON: COPL) share price rallied 29.76% after signing a Non-Binding Letter of Intent (LOI) for a joint venture with an established energy company (JVCo) to exploit and develop the oil re

Simon Mugo
Polymetal (POLY) Shares Fell 4.85% on London Delisting Update

The Polymetal International PLC (LON: POLY) share price fell 4.85% after issuing an update regarding the impending delisting of its shares from the London Stock Exchange’s primary market. The mining company noted that its sha

Simon Mugo
Cineworld Shares Rallied 18% in a Week Despite Administration

The Cineworld Group plc (LON: CINE) share price has risen 18% over the past week as investor sentiment towards the company turned positive. While the percentage gains made by Cineworld shares look impressive, the gains in ter

Simon Mugo
Renalytix Shares Surged 8.34% on GCC Launch of Its Kidney Test

The Renalytix PLC (LON: RENX) share price surged 8.34% after announcing that its kidneyintelX.dkdâ„¢ testing would now be available in Bahrain, Saudi Arabia, Kuwait, Qatar, United Arab Emirates, and Oman through its distributio

Simon Mugo
Netflix Stock Falls 8.6% on Revenue Miss Despite Upbeat Earnings

The Netflix Inc (NASDAQ: NFLX) stock price fell 8.6% after releasing its Q2 earnings report, where its revenues came in at $8.2 billion, missing analysts' expectations of $8.6 billion. Investors were focused on the revenue mi

Simon Mugo
Carvana Stock Edged Higher, Adding to Latest Rally – Here’s Why

The Carvana Co (NYSE: CVNA) stock price was trading up 3.49%, adding to yesterday’s 40.2% rally after the company unveiled a new plan supported by holders of its unsecured senior notes to reduce its overall debt and slash its

Simon Mugo
EasyJet (EZJ) Shares Dropped 3.08% on Q3 Fiscal 2023 Results

The easyJet plc (LON: EZJ) share price dropped 3.08% after releasing the financial results for the quarter ended 30 June 2023. The Q3 headline profit before tax was recorded at £203 million, marking a £317 million improvement

Simon Mugo
GSTechnologies (GST) Shares Surged 102% on PAYPT Acquisition

The GSTechnologies Ltd (LON: GST) share price surged 102% after announcing the acquisition of the entire issued share capital of PAYPT Finance Ltd, a Canadian company holding a Canadian Money Services Business (MSB) licence.

Simon Mugo
Premier African (PREM) Shares Fell 36% on a Prepayment Update

The Premier African Minerals Ltd (LON: PREM) share price fell 36% after issuing an update on the Offtake and Prepayment Agreement entered into with Canmax Technologies Co., Ltd regarding the Zulu Lithium and Tantalum Project.

Simon Mugo
Tesla Stock Rose Slightly on Pay Settlement Ahead of Q2 Earnings

The Tesla Inc (NASDAQ: TSLA) stock price rose slightly premarket as investors waited for the company’s Q2 earnings after the market close. Investors reacted positively to the latest Tesla news, where the company decided to se

Simon Mugo
ASML Shares Trade Sideways Despite Upbeat Results, Guidance

The ASML Holding NV (NASDAQ: ASML) share price was trading slightly lower premarket despite announcing upbeat Q2 financial results and raising its full-year guidance based on the increased demand the company has witnessed fro

Simon Mugo
Here’s Why Harbour Energy (HBR) Shares Rallied 8% in Two Days

The Harbour Energy PLC (LON: HBR) share price rallied 7.92% in two days as investor interest in the company turned positive after bouncing off its recent lows in the past few days. As the chart below shows, HBR stock recently

Simon Mugo
Persimmon Shares Have Risen 15.8% in a Week. What’s Next?

The Persimmon plc (LON: PSN) share price has risen 15.8% in the past week as investor sentiment towards the housebuilding company turned positive. The lack of recent significant news releases from the company has left it susc

Simon Mugo
Aviva Shares Edge Higher on Restated FY22 Financial Statements

The Aviva plc (LON: AV) share price edged higher after releasing presentation slides and a financial information pack on its website comparing the financial results for the six months to 30 June 2022 and the 12 months to 31 D

Simon Mugo
Lockheed Martin (LMT) Stock Price Rose 2% on Q2 Earnings Beat

The Lockheed Martin Corp (NYSE: LMT) stock price rose 2% after releasing its second-quarter earnings results, where its revenues surged $16.7 billion from $15.4 billion in the same quarter last year.

Simon Mugo
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