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World Wrestling Entertainment Inc (NYSE: WWE) is in focus this morning after Endeavour Group Holdings Inc (NYSE: EDR) said it will buy the integrated media company for about $9.3 billion. Pro reacts to the announced acquisition The UFC owner has agreed to pay $106 a share for the said acquisition – a more than 20%… Continue reading WWE UFC merger: ‘this is good for Endeavor shareholders’

Shares of Tesla Inc (NASDAQ: TSLA) are trading down this morning even though the electric vehicles manufacturer reported record deliveries for its fiscal first quarter. Production beats deliveries again The Nasdaq-listed firm delivered 422,875 vehicles in its recent quarter – up 4.0% sequentially and beating the year-ago figure by a whopping 112,827 units, as per… Continue reading Tesla shares down despite record Q1 deliveries

DWAC and Rumble (NASDAQ: RUM) stock prices have jumped in the past few days as investors brace for more engagements ahead and after Trump’s indictment. Digital World Acquisitions, popularly known as Trump SPAC, rose by 7.58% on Friday and by 2.35% in premarket trading. Similarly, Rumble stock rose by ~7.12%. The biggest US news story… Continue reading DWAC, Rumble stocks jump ahead of Trump’s court appearance

Energy stocks were the best-performing stocks in London as investors cheered the latest crude oil news. Harbour Energy, Ithaca Energy, Tullow Oil, and Energean were the best-performing stocks in the mid-cap FTSE 250 index. Similarly, Shell (LON: SHEL) and BP (LON: BP) rose by more than 4%, making them the best FTSE 100 performers. BP,… Continue reading BP, Shell, Harbour, Tullow shares jump as crude oil prices rebound

2022 was a year from hell for stock market investors.  Risk assets returned their worst year since the great financial crash of 2008, as inflation spiralled aggressively and forced central banks into the fastest interest rate hiking cycle in recent memory.  And while 2023 has brought some respite, as the market moves to the expectation… Continue reading Why has the FTSE 100 index done so well, as UK economy teeters with recession?

Ares Capital (NASDAQ: ARCC) stock price has recovered modestly from its lowest point in March. The stock ended the month at $18.28, ~7.4% above the lowest point in 2023. In all, ARCC has generated weak returns in the past few months after dropping by 20% from its highest point in 2022. It has still risen… Continue reading Ares Capital stock: How safe is ARCC’s 10.5% dividend yield?

ZIM Integrated (NYSE: ZIM) stock price has made a strong recovery in the past few weeks as investors buy the dip. After falling to a low of $16.14 on December 20th, the shares have bounced back by ~44% to trade at $23.58. Still, this recovery is coming from a low base considering that the stock… Continue reading ZIM Integrated stock price could jump by ~21% if this happens

Marks & Spencer (LON: MKS) share price has been in a strong recovery phase in 2023. The stock jumped to a high of 165.50p on Friday, the highest point since April 2022. This means that they are approaching their 52-week high. The shares have risen by 86% from their lowest level in 2022. Layoffs upcoming… Continue reading Marks & Spencer share price crosses key level ahead of layoffs

Mullen Automotive (NASDAQ: MULN) stock price has made a swift recovery in the past few days after the company made some encouraging announcements. The shares jumped to a high of $0.1575 on Friday, ~70% above the lowest level this year. Mullen Automotive short-squeeze The MULN stock price made a strong recovery after the company announced… Continue reading MULN stock price: Mullen Automotive faces more headwinds ahead