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AUDUSD Rallies Higher Despite the Upbeat US Nonfarm Payrolls
The AUDUSD currency pair was trading up over 50 pips as the Australian dollar held on to its earlier gains against the US dollar despite the release of upbeat US nonfarm payrolls data, which came in at 339,00 jobs versus anal
Broadcom (AVGO) Shares Edge Higher on Q2 Results – Here’s Why
The Broadcom Inc (NASDAQ: AVGO) share price edged 0.26% higher after releasing the financial results for its second quarter ended April 30, 2023. The company generated revenues worth $8.73 billion, representing a 7.8% improve
Yunji Shares Surged 100.5% on Q1 Results and Investor Sentiment
The Yunji Inc (NASDAQ: YJ) share price surged 100.52% after releasing its financial results for the first quarter of 2023 ended on 31 March 2023. The e-commerce company generated revenues worth RMB178.7 million (US$26.0 milli
Salesforce (CRM) Shares Fell 6.97% Despite Upbeat Q1 Results
The Salesforce Inc (NYSE: CRM) share price fell 6.97% after releasing its financial results for the first quarter of 2023. The cloud services company generated revenues worth $7.41 billion, marking a significant increase of 2
Wizz Air Shares Dropped 2.23% Despite Upbeat Passenger Figures
The Wizz Air Holdings PLC (LON: WIZZ) share price dropped 2.23% after releasing its May passenger figures, which surprised to the upside. The budget airline carried 5,026,575 passengers, marking a 22.1% increase compared to M
Baron Oil (BOIL) Shares Fell 10% on Chuditch Deadline Extension
The Baron Oil PLC (LON: BOIL) share price fell 10% after announcing that it had secured a six-month extension to its Contract Year Two of the Production Sharing Contract (PSC) by the relevant Timor-Leste national authority,
Hurricane Energy (HUR) Shares Fell 0.75% on Dividend Payment
The Hurricane Energy PLC (LON: HUR) share price fell 0.75% after announcing that its board of directors had decided to pay the Supplementary Dividend in full once the court-sanctioned scheme of arrangement under which the acq
Lucid (LCID) Share Price Plunged 13.4% on a $3Bn Capital Raise
The Lucid Group Inc (NASDAQ: LCID) share price fell 13.4% after announcing it was raising about $3.0 billion via a public and private offering of its common shares. The company intends to sell 173,544,948 shares of its common
Ceres Power Shares Rose 4.94% After the Premium Listing Notice
The Ceres Power Holdings plc (LON: CWR) share price rose 4.94% after issuing a notice about its proposed listing on the London Stock Exchange plc's main market for listed securities by being promoted to the premium listing se
Avacta Shares Dropped 4.84% After Acquiring Coris Bioconcept
The Avacta Group Plc (LON: AVCT) share price dropped 4.84% after announcing that it had acquired Coris Bioconcept SRL for an upfront cash consideration of £7.4 million, with an additional earnout based on future business perf
Scotgold Shares Fell 3.0% on Operation Update and CEO Departure
The Scotgold Resources Ltd (LON: SGZ) share price fell 2.97% after releasing an operational update regarding its Cononish gold and silver mine in Scotland, making it the country's first commercial gold producer amid CEO depar
ITM Power Shares Edged 5.32% Higher on FY 2023 Trading Update
The ITM Power plc (LON: ITM) share price edged 5.32% higher after releasing a trading update about the twelve months to 30 April 2023. The company made an adjusted pretax loss of £90 million after generating revenues worth £2
Twilio (TWLO) Shares Rallied 5.19% Despite Activist Investor Calls
The Twilio Inc (NYSE: TWLO) share price rallied 5.19% higher despite the activist investor Legion Partners persuading the cloud computing firm to change its board members and consider spinning off some of its assets.
USDJPY Pair Edges Higher on Upbeat US PCE Data and Weak Yen
The USDJPY currency pair was trading up over 20 pips at writing as the dollar remained stronger than the yen, but only by a slight margin. The pair struggled to make gains as the yen fought to end the week flat against its sa
HPQ Shares Fell 5.4% on Q2 2023 Earnings Results. What’s Next?
The HP Inc (NYSE: HPQ) share price fell 5.4% after releasing its earnings for the second quarter of its 2023 fiscal year. The company revealed that its revenues fell 21.7% to $12.9 billion, compared to $16.5 billion in a simi
WE Soda Is Planning a London IPO in a Rare Move To Raise Cash
WE Soda, the world’s largest producer of natural soda ash, announced plans to list its shares on the London Stock Exchange (LSE) today. The decision is seen as a boost to the Lond initial public offer (IPO) market, which has
Challenger Energy (CEG) Shares Surged 20% on Uruguay Update
The Challenger Energy Group PLC (LON: CEG) share price surged 19.6% on an update about Uruguay's AREA OFF-1 license area. The company revealed that it had completed the volumetric assessment of the project and was ready to si
Cineworld Share Price Edges Lower Ahead of the Bankruptcy Exit
The Cineworld Group plc (LON: CINE) share price was trading down today as the company looks forward to exiting the Chapter 11 bankruptcy process it entered voluntarily in September 2022. The firm could be ready to exit the pr
Amigo Shares Continue Falling As Orderly Wind-Down Continues
The Amigo Holdings PLC (LON: AMGO) share price was trading down 5.83% today as investors continue tracking the orderly wind-down of the company, which is set to wipe out ordinary shareholders.
GBPUSD Rallies Higher To Become Today’s Top-Performing Pair
The GBPUSD currency pair was trading up over 80 pips at writing as the British pound rallied higher against the US dollar despite the lack of news releases from the UK docket. The pair soared higher in the early London sessio
