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GBPUSD Pair Falls Amid Concern For the UK Economy and Rates
The GBPUSD currency pair was trading down over 109 pips at writing amid concerns that further tightening measures by the Bank of England would hurt the British economy despite the record-high inflation in the country.
Theriva Biologics (TOVX) Stock Soared 61.9% on an Orphan Drug
The Theriva Biologics Inc (NYSEAMERICAN: TOVX) stock price soared 61.9% after the United States Food and Drug Administration (FDA) granted its lead clinical candidate VCN-01 orphan drug designation. VCN-01 is a drug treatment
Nio Stock Rallied on Abu Dhabi’s $1Bn Investment, CNOOC Deal
The Nio Inc - ADR (NYSE: NIO) stock price rallied 11.2% yesterday. It extended the rally to today after announcing a partnership with China National Offshore Oil Corporation (CNOOC) to help build its EV charging infrastructur
Carnival (CCL) Shares Rose 5.34% on Record Q2 ’23 Earnings Data
The Carnival Plc (LON: CCL) share price rose 5.34%, extending yesterday’s gains following the release of upbeat Q2 2023 earnings results. The company generated $4.9 billion in revenues during Q2 but still made a U.S. GAAP net
Ceres Power Shares Fell 5.74% Ahead of the Main Market Listing
The Ceres Power Holdings plc (LON: CWR) share price has fallen 5.74% in the past week ahead of the company’s listing on the London Stock Exchange’s main market. The company announced the proposed listing on the premium listin
Revolution Beauty (REVB) Shares Surged 60% on AIM Restoration
The Revolution Beauty Group PLC (LON: REVB) share price surged 59.7% after the restoration to trading of its shares 10 months after being suspended in September 2022. Investors were happy to see REVB shares resume trading on
USDCAD Rose As the Canadian Dollar Fell on Weak Inflation Data
The USDCAD currency pair was trading almost flat for the day after the release of Canadian inflation data in the early American session. The Canadian monthly CPI data released by Statistics Canada came in at 0.4%, meeting ana
Tesla Stock Is Up 103% YTD After Recent Pullback. What’s Next?
The Tesla Inc (NASDAQ: TSLA) stock price has risen 103.43% this year amid a broad US economic recovery and the stock market rebound. However, the latest gains in Tesla’s stock have been driven by recent events where EV manufa
Biodexa Pharma (BDRX) Stock Rallied 27% on Investor Interest
The Biodexa Pharmaceuticals PLC-ADR (NASDAQ: BDRX) stock price rallied 27% amid renewed investor interest in the company following plans to appeal the Nasdaq delisting determination after receiving a delisting notice from the
Predator Oil (PRD) Shares Jumped 17.9% on MOU-3 Drill Results
The Predator Oil & Gas Holdings PLC (LON: PRD) share price jumped 17.9% after releasing the drilling results for its MOU-3 well, where it had completed drilling and logging activities. The company noted that it had apprai
IQ-AI Shares Surged 12.6% on the Positive Pre-Clinical Trials Data
The IQ-AI Ltd (LON: IQAI) share price surged 12.6% after highlighting the results of two new studies showing that oral Gallium Maltolate (GaM) inhibits paediatric tumour growth. The company noted that the highlighted results
Centamin Shares Rose 4.8% on the Doropo Pre-Feasibility Results
The Centamin PLC (LON: CEY) share price rose 4.8% after releasing the results of its pre-feasibility study (PFS) of its Doropo Gold Project located in north-eastern Côte d'Ivoire. The PFS revealed a Maiden Mineral Reserve Est
Wise Shares Rallied 20.3% As Full-Year Revenues Surged Higher
The Wise PLC (LON: WISE) share price rallied 20.3% after releasing its preliminary financial results for the year ended 31 March 2023. The money transfer and foreign exchange company revealed that its revenues for the past ye
Invo Bioscience (INVO) Stock Soared 81.7% Despite Lack of News
The Invo Bioscience Inc (NASDAQ: INVO) stock price soared 81.7% despite the lack of news releases from the company. However, a closer investigation reveals that the company recently filed a form S-1 registration of securities
Sareum Shares Edged 5.7% Higher on China and US Patent Grants
The Sareum Holdings Plc (LON: SAR) share price edged 5.69% higher after announcing that its SDC-1801, lead TYK2/JAK1 kinase inhibitor, had been granted a patent in China. The company also revealed that its SDC-1802 drug candi
Aston Martin (AML) Shares Surged 14.1% on Lucid EV Partnership
The Aston Martin Lagonda Global Holdings PLC (LON: AML) share price surged 14.1% after unveiling a new strategic supply agreement with Lucid Group, the EV manufacturer, to supply specific powertrain components for initial and
Premier (PREM) Shares Plunged 51% on Key Issues With Canmax
The Premier African Minerals Ltd (LON: PREM) share price plunged 50.7% after the company confirmed that it had yet to sign a revised offtake and prepayment agreement with Canmax Technologies Co., Ltd within the provided timel
Cineworld Shares Fell 22% As the UK Administration Filing Looms
The Cineworld Group plc (LON: CINE) share price fell 21.9% after issuing an update regarding the ongoing Chapter 11 bankruptcy cases in the United States. The company revealed plans to file for administration in the United Ki
EURUSD Fell as US Dollar Rallies Against the Euro on Weak PMIs
The EURUSD currency pair was trading down over 60 pips as the US dollar rallied against the single currency following the release of multiple PMI reports from across the euro area. Most of the PMI releases did not meet analys
Surgalign (SRGA) Stock Rallied 96.2% Despite the Delisting Notice
The Surgalign Holdings Inc (NASDAQ: SRGA) stock price rallied 96.18% after announcing that it had received a delisting notice from the Listing Qualifications Department of the Nasdaq Stock Market. The news was not a surprise
