Stock Research

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

The Hang Seng Index moved sideways on Monday morning as investors reacted to the latest OPEC+ decision to slash oil production. It also reacted to the relatively weak China manufacturing PMI data published by Caixin. It was trading at H$20,397, which was a few points below last week’s high of H$20,720. China manufacturing PMI  The… Continue reading Hang Seng index chart analysis points to a 7% jump soon

European stocks ended in the green today after the region’s statistical office said consumer prices eased significantly in March. Economist Allen-Reynolds reacts to today’s economic data On Friday, Eurostat confirmed that a meaningful decline in energy prices lowered headline inflation to 6.9% in March. In comparison, consumer prices were up a whopping 8.5% in February.… Continue reading Euro zone inflation eased in March: three European stocks to buy