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USDCAD Rallies As the Canadian Dollar Fell on BoC Rate Decision
The USDCAD currency pair was trading up over 30 pips after the Bank of Canada announced it was leaving interest rates unchanged at 4.5%, as expected. The Canadian dollar remained weak against its US peer for the second day as
Tesla Stock Has Risen 58.5% This Year Amid Massive Price Cuts
The Tesla Inc (NASDAQ: TSLA) stock price has risen 58.5%, driven by the company’s focus on pricing dynamics as it slashes the prices of its vehicle models to make them more affordable for potential buyers while outselling its
Why Direxion Semiconductor (SOXL) Stock Has Risen 44% in 2023
The Direxion Daily Semiconductor Bull 3X Shares (NYSEARCA: SOXL) stock price has risen 44% since the year started as the shares of semiconductor companies rallied. The rally in semiconductor manufacturers has been driven by t
Amigo Shares Plunged 17.3% As the Risk of Liquidation Increases
The Amigo Holdings PLC (LON: AMGO) share price plunged 17.3% after issuing an update about its general meeting of shareholders scheduled for today. The mid-cost credit company revealed that it was still struggling to find inv
Why Greatland Gold (GGP) Share Price Was Muted on Drill Results
The Greatland Gold plc (LON: GGP) share price was muted after announcing the results of its 2022 drilling campaign at its fully-owned Scallywag project in the Paterson region of Western Australia.
Admiral Share Price Fell 9.7% After Its Full Year ’22 Profits Plunged
The Admiral Group plc (LON: ADM) share price plunged 9.7% after reporting a 39% drop in pre-tax profits during the 2022 financial year. The insurance company’s pretax profits fell 39% to £469.0 million from £769.0 million in
AUDUSD Crashes As the Aussie Fell Despite the RBA Rate Hike
The AUDUSD currency pair was trading down over 120 pips despite the Reserve Bank of Australia’s expected 25 basis points rate hike. The currency pair was trading at its lowest since December as the Aussie weakened against the
Virax Biolabs (VRAX) Stock Soared 138% on the AIV Test Kit Deal
The Virax Biolabs Group Ltd (NASDAQ: VRAX) stock price soared 137.8% after revealing that it had signed an agreement to distribute an Avian Influenza A Virus (AIV) real-time PCR test kit to markets accepting the CE mark, whic
Novo Integrated (NVOS) Stock Rallied 39% Despite a Lack of News
The Novo Integrated Sciences Inc (NASDAQ: NVOS) stock price rallied 39% despite the lack of news releases from the integrated healthcare company. The lack of announcements indicates that the latest rally in NVOS stock price w
Skinbiotherapeutics (SBTX) Shares Plunged 12.7% Despite Launch
The Skinbiotherapeutics PLC (LON: SBTX) share price fell 12.7% after it received regulatory approval to launch its AxisBiotix-Ps™ food supplement in Spain to alleviate the symptoms associated with Psoriasis.
Argo Blockchain Shares Muted on February Update – Here’s Why
The Argo Blockchain PLC (LON: ARB) share price traded sideways after its February operations update was released. The company mined 162 Bitcoin or Bitcoin Equivalents (BTC), translating into 5.7 Bitcoin daily. The results rep
EURUSD Rallies Higher As the Euro Beats the Dominant US Dollar
The EURUSD currency pair was trading up 35 pips as the euro rallied higher against the US dollar, boosted by the positive investor sentiment towards the single currency. The euro posted gains against the US dollar as other cu
ProShares Natural Gas ETF (BOIL) Stock Fell 23% – Here’s Why
The ProShares Ultra Bloomberg Natural Gas (NYSEARCA: BOIL) stock price plunged 23% as natural gas prices continue to fall, defying investor and analyst expectations of a price rebound as the winter season remains surprisingly
Unicycle Therapeutics (UNCY) Stock Soared 163% on $130M Deal
The Unicycive Therapeutics Inc (NASDAQ: UNCY) stock price soared 163.4% after signing a securities purchase deal with certain funds that invest in healthcare companies. The deal could yield gross proceeds of up to $130 millio
Hammerson FY22 Results – What to Expect
Hammerson (LON: HMSO) is set to release its 2022 full-year results on Thursday, March 9, and with its shares up over 21% so far in 2023, investors will be hoping for another boost.
Aston Martin (AML) Shares Are Up 22% on Formula 1 Performance
The Aston Martin Lagonda Global Holdings PLC (LON: AML) share price was trading up 22.3% after yesterday's first race of the Formula 1 2023 season in Bahrain saw its F1 drivers perform well. Aston Martin’s Fernando Alonso was
What’s Behind the Recent Spike in the Genedrive Share Price?
The Genedrive PLC (LON: GDR) share price spiked 27.1% higher on Friday despite the company not making any new announcements that could have triggered the rally higher. The lack of fundamental triggers behind the rally forces
ImmuPharma (IMM) Shares Rallied 10.9% on Orano Collaboration
The ImmuPharma PLC (LON: IMM) share price rallied 10.9% after revealing that it had signed a collaboration agreement with Orano SA, a leading international nuclear energy company, to develop an innovative radiotherapy drug ca
ObsEva Stock Soared 88.7% Despite a Lack of News – Here’s Why
The Obseva SA (NASDAQ: OBSV) stock price soared 88.7% despite the lack of news from the biopharmaceutical company. Given the lack of new releases, we must look at previous news to determine if investors are reacting positivel
Boohoo Shares Are Up 54% YTD on Positive Sentiment. What’s Next?
The Boohoo Group PLC (LON: BOO) share price has risen 54% this year as investor sentiment towards the fast fashion company. The surge in Boohoo shares is driven by multiple factors, including its executives' revamped share in
