Latest News
ITM Power Shares Tumble as Earnings, Revenue For FY23 Expected to Be Worse Than Forecast
ITM Power (LON: ITM) shares plunged Monday after the company said it has "become clear" that the outcome for its financial year ending April 30, 2023, will be "materially different" from the current guidance, with lower reven
GBPUSD Price: Pound Trades Flat Against Dollar As Week Ends
The GBPUSD currency pair was trading almost flat at the time of writing after erasing some of its earlier gains. The pound had gained ground against the dollar earlier today after the latest UK GDP data showed that the countr
HEXO Stock Spiked 51.9% on Changes Relating to a New Auditor
The Hexo Corp (NASDAQ: HEXO) stock price spiked 51.9% after announcing that it had filed amended meeting materials well before its upcoming annual general meeting (AGM) scheduled for January 31, 2023.
Blue Apron (APRN) Stock Rallied 47% on Positive Market Sentiment
The Blue Apron Holdings Inc (NYSE: APRN) stock price rallied 46.7% despite the lack of news from the meal kit company. The last significant release from the company was regarding the non-compliance notice it received from the
CPI Aftershock: Bitcoin Sends Bullish Signal
US Consumer Price Index (CPI) data came in modestly better than consensus, though broadly in line with expectations on Thursday, but nevertheless, this sent the broader cryptocurrency market significantly higher. Of note, the
Lockheed Martin Downgraded at Goldman Sachs Due to Several Headwinds
Lockheed Martin (NYSE: LMT) has had a solid last 12 months, rising 27%, but Goldman Sachs downgraded the stock on Thursday. Analyst Noah
ITM Power’s Share Price Has Risen 7.43% in 2023. What’s Next?
The ITM Power plc (LON: ITM) share price has risen 7.43% in 2023 despite the lack of announcements from the energy storage and clean fuel company. The last significant news from the company was the postponement of its trading
Lucid Group’s Q4 Production Numbers ‘Encouraging’ Says Analyst
Lucid Group (NASDAQ: LCID) jumped 4.79% Thursday after the company announced its fourth quarter and full-year vehicle production numbers, producing a positive response from Cantor Fitzgerald analyst Andres Sheppard.
ValiRx Shares Plunged 9.63% on a Discount Offer To Raise £500K
The ValiRx Plc (LON: VAL) share price plunged 9.63% after launching a broker offer to raise a maximum of £500,000. Investors' adverse reaction to the news was justified given that the company sold the new shares at 11p each,
Cinemark Rallies After Upgrade – Cineworld, AMC Entertainment Also Rise
On Thursday, shares of movie theatre stocks Cinemark (NYSE: CNK), AMC Entertainment (NYSE: AMC), and Cineworld (LON: CINE) made gains as consumer-related stocks make a solid start to 2023.
DFS Furniture Shares Gain As Order Intake Remains Strong
DFS Furniture (LON: DFS) shares are up 1.5% on Friday after the company released a trading update for the twenty-six weeks to December 25, which was in line with expectations.
Taylor Wimpey Sees Order Volumes Falling In 2023
Taylor Wimpey (LON: TW.) dipped in the early part of Friday trading after the housebuilder said it expects order volumes to reduce in 2023.
AUDUSD Price: Aussie Trades Flat Against Dollar on US CPI Data
The AUDUSD currency pair was trading up 13.3 pips (0.19%) at writing as the Australian dollar attempted to rally against the US dollar but was making little progress as most other pairs traded sideways.
BigBear.ai (BBAI) Stock Soared 319% on a $900M Military Contract
The BigBear.ai Holdings Inc (NYSE: BBAI) stock price soared 318.8% after winning a 10-year $900 million IDIQ contract with the U.S. Air Force. The company is a leader in AI-powered analytics and cyber engineering solutions.
Very Good Food (VGFC) Stock Rallied 42.1% Despite Loan Call In
The Very Good Food Company Inc (NASDAQ: VGFC) stock price rallied 42.1% despite news that an existing creditor had called in a loan claiming that the plant-based food company had defaulted on the loan.
Why Cineworld Shares Rallied 11.8% After Shutting 23 Cinemas
The Cineworld Group plc (LON: CINE) share price rallied 11.8% as the Chapter 11 bankruptcy case proceeds. Investors reacted positively to news that the theatre operator has shut down 23 unprofitable locations.
ASOS Share Surged 19.1% As It Plans To Cut Costs Worth £300M
The ASOS plc (LON: ASC) share price surged 19.1% despite reporting a drop in revenues generated during Q4 2022 despite the busy Christmas shopping period that saw many of its competitors grow their sales.
Dogecoin Forecast into Crypto CPI Countdown
All eyes today across the world of financial markets will be on the release of the US Consumer Price index, CPI, a critical measure of inflation in the world’s biggest economy. We look at the prospects for cryptocurrencies in
Tesla and GM Preferred at Goldman Sachs
Despite Tesla's (NASDAQ: TSLA) recent share price decline, Goldman Sachs analyst Mark Delaney said in a 2023 note on US autos and industrial tech that the firm continues to prefer the electric vehicle leader and GM among auto
Blink Charging Shares Continue Rise Following Citybest Agreement
Blink Charging shares rallied Wednesday, closing the session up 3.24%, adding to its recent share price gains after the company announced a collaborative agreement with Citybest, a sustainable transport mobility App.
