Stock Research

Zealand Pharma (CPH: ZEAL) rallied more than 20% this morning after reporting positive results from an early stage trial of its new weight loss treatment.  The biotech firm is now trading at an all-time high.  Why is it significant for Zealand Pharma stock? Petrelintide – a long-acting amylin analog of Zealand Pharma showed significant efficacy… Continue reading Zealand Pharma stock rallies 20%: what happened?

In 2023, total fossil fuel consumption reached a record high worldwide, the Energy Institute (EI) reported yesterday. Published in the 73rd annual Statistical Review of World Energy report by the EI (along with co-authors KPMG and Kearney), the release presented the first full global energy data for 2023. It stated that 2023 was a year… Continue reading Fossil fuels consumption hit record highs in 2023, Energy Institute reveals

SoundHound AI (NASDAQ: SOUN) share price is in the green this morning after the company said it prepaid its debt in full.  SoundHound stock gains as company turns debt free SoundHound has inked an agreement with its lenders to make an early payment in full for its outstanding $100 million debt, as per a press… Continue reading SoundHound AI prepays debt in full

Former media executive Edgar Bronfman Jr., backed by Bain Capital, has expressed interest in acquiring National Amusements, the controlling entity of Paramount Global, according to The Wall Street Journal. Bronfman’s bid is estimated to be between $2 billion and $2.5 billion, adding a new layer of complexity to the ongoing negotiations for the company. Skydance… Continue reading Breaking: Edgar Bronfman Jr. eyes National Amusements deal with Bain Capital support for $2 billion

The native token of DeFi solutions platform Mantra, OM, has emerged as the top gainer among the leading 100 cryptocurrencies, achieving an all-time high of $1.0924. On Monday, OM was trading at $1.06, up 13% since yesterday. This increase reflects a 234% surge in its trading volume, which has reached $168 million within the same… Continue reading Mantra’s OM token rises 13% in 24 hours to hit all-time high of $1.0924

On Monday, June 10, 2024, Adobe Inc. (NASDAQ:ADBE) faced a significant setback as Melius Research downgraded the stock from Buy to Hold, triggering a 1.1% drop in premarket trading. The downgrade was primarily driven by concerns about the broader enterprise software industry’s challenges with artificial intelligence (AI), which could pose a long-term threat to Adobe’s… Continue reading Adobe Q2 earnings preview: How will the stock react?

The surge in GameStop’s (GME) stock during Monday’s premarket session, driven by “Roaring Kitty” (Keith Gill), has led to significant financial repercussions for short sellers. According to Ortex, short sellers have already incurred losses amounting to $1 billion. As @TheRoaringKitty reveals he has 5 million shares of $GME, the second largest individual holder after Ryan… Continue reading GameStop stock surge driven by ‘Roaring Kitty’ results in $1-B losses for GME short sellers