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Cineworld Shares Plunged 21.3% on Lowball Offers for Its Assets
The Cineworld Group plc (LON: CINE) share price plunged 21.3% after the company’s attorney Joshua Sussberg told Texas Bankruptcy Court Judge Marvin that the firm had received about 40 lowball bids for its non-US and non-UK as
Rio Tinto Shares Fell After Cutting FY22 Dividends on Lower Profits
The Rio Tinto plc (LON: RIO) share price fell 3.29% after the global mining company reduced its dividend payment for the past financial year due to a 38% decline in its full-year 2022 profits compared to 2021. The company att
Powerhouse Energy (PHE) Shares Surged 16.8% on Petrofac Deal
The Powerhouse Energy Group PLC (LON: PHE) share price surged 16.8% after signing a Framework Services Agreement with Petrofac Facilities Management Limited to provide the engineering design and supply chain development servi
GBPUSD: Pound Rallies on Upbeat UK PMIs and Fiscal Surplus
The GBPUSD currency pair was trading up over 60 pips after positive flash PMI data from the UK docket. IHS Markit/CIPS released the PMI data, where the manufacturing and service PMIs both beat analysts' expectations.
Why the Arbe Robotics Stock Spiked 77% Despite a Lack of News
The Arbe Robotics Ltd (NASDAQ: ARBE) stock price spiked 76.8% despite the lack of news from the company that makes radar detection systems that allow drivers to identify and avoid hitting other road users via 4D imaging. The
Troika Media (TRKA) Stock Rallied 61.2% on Form S-1 Withdrawal
The Troika Media Group Inc (NASDAQ: TRKA) stock price rallied 61.2% after investors got wind of its plans to withdraw a filing made with the US Securities and Exchange Commission (SEC) to issue new shares filed under a Form S
Versarien Shares Plunged 28.1% on Mixed 18-Month Final Results
The Versarien PLC (LON: VRS) share price plunged 28.1% after releasing the final results for the 18 months that ended on 30 September 2022. The company generated revenues worth £11.1 million, significantly improving from the
Zoo Digital Shares Surged 18% on Major Hollywood Studio Contract
The Zoo Digital Group plc (LON: ZOO) share price surged 17.9% after revealing that they had partnered with another major Hollywood studio to provide content localization services to the company. The new client also uses ZOOSt
BAE Systems Results Preview
BAE Systems (LON: BA.) is set to release its preliminary results on Thursday, February 23, and given
UK Oil & Gas (UKOG) Shares Soared 39.8% on Loxely Gas CPR
The UK Oil & Gas PLC (LON: UKOG) share price soared 39.8% after publishing the highlights of the Competent Person's Report (CPR) it received from RPS Energy Consultants (RPS) regarding the economic value of the Loxley Gas
USDJPY Rangebound for Three Days As Geopolitical Tensions Rise
The USDJPY currency pair has been trading sideways since Thursday. The US dollar lost some of its previous momentum, which has seen the currency pair rally higher since the start of February. The currency pair seems to be con
Baron Oil (BOIL) Shares Are Up 80.2% in a Month. What’s Next?
The Baron Oil PLC (LON: BOIL) share price has risen 80.2% over the past month as investor interest in the junior oil company spiked higher. The high interest in BOIL shares was driven by critical news releases from the compan
Tirupati Graphite (TGR) Shares Rose 13% on a New 18k tpa Facility
The Tirupati Graphite PLC (LON: TGR) share price edged 12.8% higher after commissioning a new 18,000 tons per annum (tpa) flake graphite production facility at its Sahamamy project in Madagascar. The company's total productio
GSTechnologies (GST) Shares Surged 19% on UK FCA Application
The GSTechnologies Ltd (LON: GST) share price surged 19.35% after revealing that it had submitted its stablecoin application for admission to the UK Financial Conduct Authority (FCA) Regulatory Sandbox.Â
Alien Metals (UFO) Shares Rallied 9.11% on an Operations Update
The Alien Metals Ltd (LON: UFO) share price rallied 9.11% after issuing an update about its exploration and corporate activities. The company revealed that recent drill results from its Elizabeth Hill project in Australia con
AUDUSD: Aussie Falls Against US Dollar on Rate Hike Projections
The AUDUSD currency pair was trading down over 40 pips as the Australian dollar fell against the US dollar for the third consecutive day, driven by hawkish comments from Federal Reserve policymakers James Bullard and Loretta
SciSparc (SPRC) Stock Surged 47% on MitoCare X Bio Milestone
The Scisparc Ltd (NASDAQ: SPRC) stock price surged 47.3% after revealing that its joint venture, MitoCareX Bio Ltd, hit its first milestone as outlined in the March 10, 2022, Founders and Investment Agreement, which led to th
Baidu Stock Has Risen 25.4% in 2023. Will There Be More Gains?
The Baidu Inc (NASDAQ: BIDU) stock price has risen 25.4% in 2023 as technology stocks in the US and China recovered, driven by the upbeat market sentiment. The internet technology company’s stock price has risen steadily sinc
iBio Stock Soared 140% on a Program Targeting MUC16 Cancer
The Ibio Inc (NYSEAMERICAN: IBIO) stock price soared 140% after revealing that its latest immune-oncology program was targeting MUC16, a well-known cancer target often overproduced in various types of solid tumours, including
GBPUSD: Pound Falls Against Dollar for the Second Day in a Row
The GBPUSD currency pair was trading down over 41 pips as the bears remained firmly in control of the price. The British pound’s weakness was triggered yesterday after the UK inflation figures for January released yesterday c
