Cenkos Securities PLC (LON: CNKS) is in focus this morning after finnCap Group PLC (LON: FCAP) revealed plans of buying the investment bank in a deal that values its equity at £21.1 million ($25.9 million). Details of the announced merger The said agreement will replace every 3.19 shares of Cenkos with one share of finnCap. […]Read More

Despite a major crypto headwind,Metacade‘s final presale stage is seeing huge interest, with $1 million purchased in the last 24 hours. Indeed, the Metacade presale could be hours away from closing, with the final stage more likely to be sold out well before the presale’s scheduled closing date. This is because Metacade’s MCADE token has […]Read More

Tullow Oil (LON: TLW) share price has been in a strong downward trend in the past few months amid rising concerns of the company’s growth and profitability. The stock was trading at 30p on Thursday, a few points above the year-to-day low of 25.90p. It remains about 53% below the highest point in 2022. Crude […]Read More

Tesco (LON: TSCO) share price bounced back even after the UK published strong consumer inflation data on Wednesday. It jumped to a high of 260p, which was ~35% above the lowest point in October last year, meaning it has outperformed the FTSE 100 index. US inflation and BoE decision Tesco, the biggest British retailer, has […]Read More

The Federal Reserve of the United States (Fed) delivered its monetary policy decision yesterday. It was a strange decision, to say the least, as the Fed was in a tough spot. On the one hand, according to the guidance provided by the Chair, Jerome Powell, during the semiannual testimony, inflation was still too high, and […]Read More

Commercial real estate REITs have been under intense pressure as the industry faces a tripple whammy of high-interest rates, work-from-home, and white-collar layoffs. On Wednesday, the Fed decided to hike interest rates by 0.25% and signaled that more rate hikes were coming. And recent data shows that the percentage of people working from home is […]Read More

Nasdaq Composite ended about 2.0% down on Wednesday after the U.S. Federal Reserve raised rates by another 25 basis points but signalled just one more hike ahead as Invezz reported HERE. Cramer is positive on tech stocks Interestingly, though, famed investor Jim Cramer sees the weakness today as an opportunity to invest in high quality […]Read More

The US Federal Reserve just raised its interest rate, announcing a 25 basis point hike on Wednesday afternoon. With this, the Fed has pushed the federal funds rate to the 4.75%-5% range, its highest level since October 2007. In a press release, the Fed noted the rate hike was down to fact that the US […]Read More