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BP’s Still Making Money In Russia – How Can This Be?

Key points: BP is still making very good profits in Russia BP can't collect that money and values it at nothing in the accounts But should we value it in our valuation of

Tim Worstall
Tim Worstall
Boohoo, We Should Go Long With Citadel, Short With The Market?

Key points: Citadel has upped its Boohoo stake to 5.33% BOO is also London's most shorted stock So, who is right, Citadel or the market? Boohoo (LO

Tim Worstall
Tim Worstall
Is Caladrius Up 1,680%, Or 10%, On Cend Merger To Become Lisata?

Key points: Caladrius has merged with Cend to create Lisata The stock price is tickered as up 1,680% as a result But is that right, or is it more like 10% really?

Tim Worstall
Tim Worstall
EVgo Stock Price Rallied 11% on Joe Biden’s EV Charging Speech

Key points: EVgo stock price rallied 11% on President Joe Biden’s speech in Detroit. The President announced that he had unlocked funding for state

Simon Mugo
USDJPY Price Forecast: Yen Falls As Japan’s Trade Deficit Widens

Key points: Japan recorded its widest trade monthly trade deficit on record. The yen weakened slightly against the dollar, as seen in the USDJPY.

Simon Mugo
Proshares UltraPro Short ETF (SQQQ) Stock Price Is Up 58% YTD

Key points: The ProShares UltraPro short ETF (SQQQ) stock price is up 58% YTD. In addition, the ETF has benefitted from the Nasdaq's decline this y

Simon Mugo
Adobe to Acquire Design Platform Figma – Shares Decline

Key points: Adobe announces acquisition of Figma for $20bn The company also reported earnings Shares are down 13% Adobe (NASDAQ: ADBE) announced o

Sam Boughedda
IAG Share Price: British Airways Owner Shares Are Trying To Rally

Key points: The IAG share price is attempting to rally higher from a support zone. The airline group has a history of good relations with its worke

Simon Mugo
Is AMTD IDEA A Cheap Way Of Playing AMTD Digital?

Key points: AMTD IDEA owns most of AMTD Digital Therefore AMTD stock should track HKD It doesn't, not perfectly, so is this a useful arbitrage? The

Tim Worstall
Tim Worstall
The ETH Merge is Done – What Next for Ethereum?

Key points: The Ethereum Merge is Completed What Next for Ethereum? Ether Price Chart and Price Projections The long-awaited and much-anticipated E

Steve Miley
Oriole Resources (ORR) Shares Surged 26.7% on Drilling Results

Key points: Oriole Resources (ORR) shares surged 26.7% on upbeat drilling results. The company is making progress at its Bibemin gold project in Ca

Simon Mugo
First Class Metals Up 1% On REE Find – Why So Little?

Key points: First Class Metals announces rare earths in Canada However, it's very preliminary findings, very early indeed The net present value, even if there is a decent

Tim Worstall
Tim Worstall
United Oil & Gas (UOG) Shares Plunged 11% on Drilling Update…

Key points: The United Oil & Gas (UOG) share price plunged 11% on a drilling update. Investors ignored all the positive milestones achieved by

Simon Mugo
Hut Group, THG, Down 23% On Results – What’s Gone Wrong?

Key points: THG shares are down 23% on interim results The reason is simply that those results aren't very good Revenues just about stand still with inflation, costs are

Tim Worstall
Tim Worstall
GBPUSD Price: Pound Rallies on a Drop In the UK August Inflation

Key points: The GBPUSD pair rallied higher as August inflation fell slightly. The August CPI print came in at 9.9% versus the expected 10%.

Simon Mugo
Rail Vision, RVSN, Down 18% – But It’s Not Affected By Rail Strike?

Key points: Rail Vision stock is down 18% this morning There's no news to explain it - other than the projected railroad strike But while it's a Rail company the strike

Tim Worstall
Tim Worstall
ARK Innovation (ARKK) Stock Rose on Cathie Wood’s Purchases

Key points: ARK Innovation ETF (ARKK) stock rose on Cathie Wood’s latest purchases. Wood bought shares in Nvidia, Zoom Video and Roku, which have f

Simon Mugo
Palo Alto Networks Down 66% – Don’t Panic!

Key points: Palo Alto Networks Stock Is Down 66% This Morning Do not panic about this, this is a purely nominal price change Any real price change will become apparent af

Tim Worstall
Tim Worstall
Crypto Plunges With Hot US Inflation; Ethereum Merge Updates

Key points: US Inflation Running Hot Still Cryptocurrencies Fall With Riskier Assets Ethereum Merge Updates A far higher than expected print for US

Steve Miley
Here’s Why Akerna (KERN) Stock Rallied 40.5% Despite No News

Key points: The Akerna Corp (KERN) stock rallied 40.5% despite a lack of news. The rally higher was driven by significant interest from momentum tr

Simon Mugo
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