American Superconductor stock surges on Q4 earnings beat: Is it time to buy?

American Superconductor Corporation (NASDAQ:AMSC) reported impressive fourth-quarter results after market closing yesterday following which the stock opened strong today and at one point in time was trading up over 30%. The company posted a non-GAAP EPS of $0.05, beating estimates by $0.07. Additionally, its revenue soared to $42.02 million, surpassing expectations by $4.89 million. Revenue… Continue reading American Superconductor stock surges on Q4 earnings beat: Is it time to buy?

PEPE meme coin emerges as top performer with 90% monthly return

PEPE, a frog-themed meme cryptocurrency, has seen a dramatic rise, marking a 91% increase over the past month. This surge has propelled it to the position of the most profitable token among prominent meme coins. The meme coin achieved an all-time high of $0.00001718 on May 27, reflecting a bullish sentiment in the market. According… Continue reading PEPE meme coin emerges as top performer with 90% monthly return

What made Smart for Life stock skyrocket on Thursday?

Smart for Life Inc (NASDAQ: SMFL) opened more than 70% up on Thursday after the nutraceutical company said it has successfully completed a restructuring plan. Smart for Life stock rallies following recapitalisation The company made out of Florida, United States made several changes as part of the said restructuring programme to position itself well for… Continue reading What made Smart for Life stock skyrocket on Thursday?

GameStop trading halted twice as GME shares plunge amid high volatility

GameStop Corp. experienced a temporary trading suspension on Wednesday due to high volatility, as its shares plummeted by 25% shortly after the market opened. The trading halt was a response to rapid fluctuations in the company’s stock price, aimed at stabilizing the market. GME shares continue to decline Trading resumed briefly following the initial suspension,… Continue reading GameStop trading halted twice as GME shares plunge amid high volatility

Gold, silver, platinum prices rise as US inflation cools

The prices of precious metals saw an uptick on Wednesday as investors responded to the latest inflation figures from the United States. The annual inflation rate in April slowed to 3.4%, slightly below analysts’ expectations and down from March’s 3.5%. This cooling of inflation has led traders to speculate that the Federal Reserve’s cycle of… Continue reading Gold, silver, platinum prices rise as US inflation cools