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PNC Financial Services (PNC) Stock Fell 2.14% on Q2 Revenue Miss

The PNC Financial Services Group Inc (NYSE: PNC) fell 2.14% after releasing its Q2 results, where its revenues came in at $5.29 billion, missing analysts' consensus estimates of $5.45 billion. However, the bank's earnings wer

Simon Mugo
ITM Power Shares Rose 11.2% on a New 100MW Contract Award

The ITM Power plc (LON: ITM) share price rose 11.2%, adding to yesterday’s gains after being awarded a contract to procure the long-lead items in a 100MW hydrogen project. The project is in Germany, and ITM will deliver the c

Simon Mugo
Darktrace Shares Surged 25.6% on EY Report, Q4 Fiscal Results

The Darktrace PLC (LON: DARK) share price surged 25.6% after announcing that Ernst & Young had completed its review of the company’s processes and procedures. The company also released its Q4 FY 2023 trading update. 

Simon Mugo
Revolution Beauty (REVB) Shares Rallied 12.8% on the Settlement

The Revolution Beauty Group PLC (LON: REVB) share price rallied 12.8% after signing a settlement agreement with Boohoo Group plc. The settlement with Boohoo allows for appointing four new directors to the company’s board and

Simon Mugo
Acumen Pharma (ABOS) Stock Soared 80% on Phase 1 Trial Data

The Acumen Pharmaceuticals Inc (NASDAQ: ABOS) stock price soared 79.6% after releasing positive topline data from its Phase 1 INTERCEPT-AD trial of ACU193, the first clinical-stage amyloid beta oligomers (AβO) targeting antib

Simon Mugo
Nikola Stock Rallied Over 100% Amid a Retail Short Squeeze

The Nikola Corp (NASDAQ: NKLA) stock price rallied over 100% during Thursday and Friday last week compared to its closing price on Wednesday. The EV manufacturer saw its shares rise over the two days as aggressive retail trad

Simon Mugo
Vast Shares Fell 4.16% on Upbeat Baita Plai Phase 1 Drill Results

The Vast Resources PLC (LON: VAST) share price fell 4.16% after announcing the phase 1 drill results from its Baita Plai mine in Romania. The company noted that it received positive drilling results from Phase 1 of an extensi

Simon Mugo
Kanabo Shares Trade Sideways Despite the Argitec Deal in Spain

The Kanabo Group PLC (LON: KNB) share price was trading sideways despite announcing that its 40%-owned subsidiary Kanabo Agritec Ltd. has signed a contract with Taima Growth S.L.

Simon Mugo
Futura Medical (FUM) Shares Surged 19.4% on Haleon Agreement

The Futura Medical PLC (LON: FUM) share price surged 19.37% after announcing that it had signed a distribution contract with Haleon, the global consumer healthcare company, to exclusively commercialise its innovative topical,

Simon Mugo
JPMorgan (JPM) Stock Rose 2.95% on Q2 2023 Earnings Results

The JPMorgan Chase & Co (NYSE: JPM) stock price rose 2.95% after releasing the financial results for its fiscal second quarter. The banking giant’s earnings per share came in at $4.37 per share, beating analysts' estimate

Simon Mugo
Burberry (BRBY) Stock Edged 2.5% Lower on a Positive Q1 Update

The Burberry Group plc (LON: BRBY) stock price edged 2.46% lower after releasing its first quarter update. The report showed that the group’s sales, excluding mainland China were up 11%, with the company registering growth in

Simon Mugo
Haleon Shares Have Fallen 8.51% in Three Months. What’s Next?

The HALEON PLC (LON: HLN) share price has fallen 8.51% in the past three months as investor sentiment towards the company shifted to the negative. The decline has left many wondering what comes next for the consumer healthcar

Simon Mugo
MGC Pharma Shares Crashed 57.7% on a £0.7 Million Fundraise

The MGC Pharmaceuticals Ltd (LON: MXC) share price crashed 57.7% after revealing that it had raised £0.65 million (A$1.24 million) (before expenses) via a placing and subscription of 541,666,667 new ordinary shares of no par

Simon Mugo
Versarien Shares Plunge 41.9% on a Discounted £650k Capital Raise

The Versarien PLC (LON: VRS) share price plunged 41.9% after announcing that it had raised £650,000 (before expenses) via placing 65,000,000 new ordinary shares in the capital of the Company for 1.0 pence per share.

Simon Mugo
GBPUSD Pair Rallies on Upbeat UK GDP Data and Weak US PPIs

The GBPUSD currency pair was trading up over 103 pips as the Sterling pound rallied higher against the US dollar, driven by factors such as the upbeat UK GDP data released earlier today. The UK GDP shrunk by 0.1% in June, bea

Simon Mugo
Activision Blizzard (ATVI) Stock Is Up 8.47% on the FTC Injunction

The Activision Blizzard Inc (NASDAQ: ATVI) stock price has risen 8.47% in the past week after a Federal judge denied an application by the Federal Trade Commission (FTC) to grant an injunction blocking the deal with Microsoft

Simon Mugo
Beyond Meat (BYND) Stock Surged 34.6% in a Week. Here’s Why.

The Beyond Meat Inc (NASDAQ: BYND) stock price surged 34.64% in the past week as investors flocked to the company following a new distribution contract between the plant-based meat alternatives company and regional grocery ch

Simon Mugo
Ilika Shares Dropped 14.4% Despite Upbeat Full-Year 2023 Results

The Ilika plc (LON: IKA) share price fell 14.4% after releasing the results for the year ended 30 April 2023. During the year, the company continued working on its thin-film Stereax® miniature solid-state batteries for poweri

Simon Mugo
USDCAD Was Falling on Weak US CPI Data and BoC Rate Decision

The USDCAD currency pair was trading down over 65 pips as the Canadian dollar rallied against the US dollar after the Bank of Canada (BoC) hiked interest rates by 0.25% to 5%, as most analysts and investors widely expected.

Simon Mugo
Healthcare Triangle (HCTI) Stock Soared 138.3% on Ransomware

The Healthcare Triangle Inc (NASDAQ: HCTI) stock price soared 138.3% after announcing the launch of a new initiative to prepare healthcare organizations with critical tools and guidance for preventing and responding to ransom

Simon Mugo
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