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Hong Kong SkylineNikada | E+ | Getty ImagesRegencell Bioscience Holdings, an early-stage, Hong Kong-based bioscience company with no revenue, is the latest speculative overseas stock to attract an unusual surge in trading demand.Shares of Regencell, which says it develops traditional Chinese herb treatments to treat childhood attention deficit hyperactivity disorder and autism, more than tripled on Monday — soaring more than 280% by the close after a 38-for-1 split declared on June 2 took effect. By Monday’s close, Regencell, founded in 2014 and traded on Nasdaq under the ticker ‘RGC’ since 2021, had a total market capitalization of $29.7 billion,…
Cable drops to 1.3498 as Trump considers military support for Israel against Iran.Safe-haven flows lift US Dollar; DXY climbs to 98.43 despite soft US data.Fed and BoE policy decisions eyed; interest rate spread still favors the Greenback.The GBP/USD tumbled below the 1.3500 figure for the first time in the week, down over 0.39%, as tensions in the Middle East remained high, with news sources revealing that the United States (US) is weighing whether to join Israel in its confrontation with Iran. At the time of writing, the pair traded at 1.3515, having previously reached daily highs of 1.3579.Sterling slumps over…
Patrick Kelly, co-manager of a top-performing Alger fund, wants investors to wake up over AI before they miss a big opportunity.
Highlights include Chinese Activity Data, BoJ, US Retail Sales, UK CPI, Riksbank, FOMC, BoE, SNB, Norges Bank, Japanese CPI, MOF Bond Meeting Newsquawk Week Ahead: 16th-20th June 2025; MON: OPEC MOMR, Chinese Activity Data (May), EZ Labour Costs (Q1), TUE: BoJ Announcement, IEA OMR, German ZEW Survey (Jun), US Retail Sales (May) WED: FOMC Announcement, Riksbank Announcement, Bank of Indonesia Announcement, BCB Announcement, UK Inflation May), EZ Final CPI (May), New Zealand GDP (Q1) THU: BoE Announcement, SNB Announcement, Norges Bank Announcement, CBRT Announcement, Australian Jobs (May) FRI: Japanese MOF Bond Meeting, PBoC LPR, Japanese CPI (May), UK…
Airo’s stock soared for a second straight day, even though the unprofitable drone maker’s IPO priced well below the expected range.
ReNew Energy Global PLC (RNW – Free Report) came out with quarterly earnings of $0.10 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.02 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 42.86%. A quarter ago, it was expected that this company would post a loss of $0.04 per share when it actually produced a loss of $0.11, delivering a surprise of -175%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Access real-time quotes,…
“None of the kids have ever helped with any of his care — and his health has been very poor for the last five years.”
Gold Fields has committed to ensuring entry-level positions for Ngadju individuals at the St Ives gold mine. To support this, additional financial aid will be available for training and education courses related to traineeships, apprenticeships, or graduate roles. Moreover, Gold Fields will prioritise Ngadju employment and procurement, with NNTAC creating registers of interested Ngadju candidates and businesses. These registers will be given priority notification of opportunities before other potential applicants. NNTAC Chair Thelma Dimer expressed her enthusiasm, stating, “This agreement represents a significant achievement for the Ngadju Community. Following two years of dedicated negotiations, it embodies our commitment to advancing a…
Geopolitical Crises and Market Psychology Israel-Iran War: What Markets Should Fear the Most One common trait of geopolitical or financial crises is that markets tend to price in worst-case scenarios in the early stages. As events evolve, investors begin to reassess the true scale of the threat. It can take days, weeks, or even months before financial markets find a bottom. But typically, once the worst-case scenario is factored in, the impact of ongoing news diminishes. However, not all situations allow for such clarity. The unfolding Israel-Iran conflict presents one such case, where both geopolitical instability and economic risks are…
“She shops with coupons at TJ Maxx.”