Skip to content
Latest News
Obseva Stock Price Rallied 64% Despite Massive US Restructuring

The Obseva SA (NASDAQ: OBSV) stock price rallied 64.1% after announcing a massive reorganisation process that will see it delist from the Nasdaq Capital Market. The company plans to close its US operations and fire its US-bas

Simon Mugo
Lucira (LHDX) Stock Soared 235% on At-Home Test EUA Approval

The Lucira Health Inc (NASDAQ: LHDX) stock price soared 235% after the U.S. Food and Drug Administration (FDA) granted emergency use authorization (EUA) for its Lucira COVID-19 & Flu Home Test for over-the-counter (OTC) u

Simon Mugo
UK Oil & Gas (UKOG) Shares Ascend on Its Water Reinjection Plan

The UK Oil & Gas PLC (LON: UKOG) share price edged 4.43% higher after an update about its water reinjection plant at its 85.635% owned and operated Horse Hill project. The firm revealed that it had installed three shallow

Simon Mugo
Oriole Resources (ORR) Shares Spiked on the CLP Project Update

The Oriole Resources PLC (LON: ORR) share price spiked 7.14% higher after issuing an update about its Central Licence Package (CLP) project in Cameroon, which continues to deliver high-grade gold assay results.

Simon Mugo
Vast Resources’ Shares Rose 7.44% on New Exploration Targets

The Vast Resources PLC (LON: VAST) share price rose 7.44% after receiving a Technical Programme Report for its Baita Plai Polymetallic Mine. The report details a plan for the mine’s expansion via an enlarged JORC-compliant Mi

Simon Mugo
Premier African (PREM) Shares Muted on the Latest Drill Results

The Premier African Minerals Ltd (LON: PREM) share price barely moved after the mining company released the latest assay results from its Zulu Lithium and Tantalum Project. Investors shrugged off the results because they were

Simon Mugo
Bridger Aerospace (BAER) Stock Soared 141.6% on an SEC Filing

The Bridger Aerospace Group Holdings Inc (NASDAQ: BAER) stock price soared 141.63% after news that a group of investors had acquired a significant stake in the company. The news was contained in a US Securities and Exchange C

Simon Mugo
USDJPY: Japanese Yen Weakens Against Dollar on Ueda’s Speech

The USDJPY currency pair was trading up over 115 pips after the incoming Bank of Japan (BoJ) Governor Kazuo Ueda testified before the Japanese Parliament, indicating that he would continue with his predecessor's easy-money po

Simon Mugo
Akebia Therapeutics (AKBA) Stock Rose on Positive CHMP Opinion

The Akebia Therapeutics Inc (NASDAQ: AKBA) stock price rose 18.92% after receiving a positive opinion from the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) about Vafseoâ„¢ (vadadu

Simon Mugo
Cingulate Stock Rallied 77.5% on Positive ADHD Drug Trial Results

The Cingulate Inc (NASDAQ: CING) stock price rallied 77.47% after releasing positive top-line results from its clinical trial testing the effectiveness of its CTx-1301 drug candidate for the treatment of attention-deficit/hyp

Simon Mugo
Cora Gold Shares Edged 2.44% Higher on a $19.84M Capital Raise

The Cora Gold Ltd (LON: CORA) share price increased 2.44% after revealing that it had conditionally raised US$19.843 million in equity and convertible bonds. The company said that the amounts raised are subject to approval fr

Simon Mugo
Canadian Overseas (COPL) Shares Dropped on Bond Conversion

The Canadian Overseas Petroleum Limited (LON: COPL) share price dropped 11.2% after announcing that more bondholders had converted their bonds into common shares. The company noted that it issued 20,390,014 common shares afte

Simon Mugo
Cineworld Shares Plunged 32% on the Bankruptcy Process Update

The Cineworld Group plc (LON: CINE) share price plunged 31.9% after releasing an update on the progress of its chapter 11 bankruptcy cases in the United States. The company noted that it had received interest in some of its a

Simon Mugo
The EURUSD Pair Was Trading Flat as a Further Decline Looms

The EURUSD currency pair was trading flat at writing as buyers and sellers fought for control. The currency pair broke from the two-day decline that had seen the dollar strengthen against the single currency since the week st

Simon Mugo
Teladoc Stock Fell 13% on Q4 and FY22 Losses. What’s Next?

The Teladoc Health Inc (NYSE: TDOC) stock price fell 12.98% after its Q4 2022 fiscal results were released. The company reported a loss of 43 cents per share, beating analysts’ estimates of 25 cents per share. The firm genera

Simon Mugo
Lucid Stock Fell 13.1% on Q4 Earnings on FY22 Production Miss

The Lucid Group Inc (NASDAQ: LCID) stock price fell 13.1% after its Q4, and full-year 2022 results were released. The EV manufacturer made 3,493 vehicles, representing a 53% jump from the previous quarter, bringing its total

Simon Mugo
Nvidia Stock Rallied on Upbeat Q4 Earnings Boosted by AI Chips

The NVIDIA Corporation (NASDAQ: NVDA) stock price rallied 10.6% after releasing its Q4 2022 earnings results, which were better than expected. The chip manufacturer generated revenues worth $6.5 billion, beating analysts' est

Simon Mugo
NZDUSD Pair Rallies Higher on RBNZ Rate Hike, Hawkish Stance

The NZDUSD currency pair was trading up over 30 pips at writing as the New Zealand dollar, commonly called the Kiwi, rallied against the US dollar. The Reserve Bank of New Zealand’s (RBNZ) interest rate decision drove the Kiw

Simon Mugo
Terran Orbital (LLAP) Stock Soared 80% on a $2.4Bn Contract Win

The Terran Orbital Corp (NYSE: LLAP) stock price soared 80% after its wholly-owned subsidiary, Tyvak Nano-Satellite Systems, Inc., won a $2.4 billion contract from Rivada Space Networks to design, build, and deploy 288 low-ea

Simon Mugo
Sorrento Therapeutics (SRNE) Stock Rallied 42.2% on $75M Loan

The Sorrento Therapeutics Inc (NASDAQ: SRNE) stock price rallied 42.2% after the U.S. Bankruptcy Court for the Southern District of Texas allowed the company to access a $75 million loan from JMB Capital Partners as part of t

Simon Mugo
Analysis Stocks Markets Strategies