Share Talk Weekly Stock Market News Review, Sunday 27th August 2023

Michael Burry, Hedge Fund Manager, Places a $1.6 Billion Bet Against Wall Street, Comprising 90% of His Portfolio. The famed investor known as the “Big Short” fund manager, who accurately

Over a million individuals residing in older residences are expected to experience a £720 increase in heating costs this winter, according to a recent report from a think tank. This

In August, U.S. energy companies reduced the count of active oil rigs for the ninth consecutive month. Simultaneously, there was a drop in the combined oil and gas rig count

The US Internal Revenue Service (IRS) has introduced new proposed guidelines that could dramatically affect how major American cryptocurrency platforms operate, particularly key players such as Coinbase Global Inc (NASDAQ:

Small-cap IPOs can be likened to London’s buses: long waits and then multiple shows up simultaneously. The previous year saw a decline in listings, large and small alike. 2023 followed

The value of Britain’s leading Rolex watch seller took a significant hit after the Swiss luxury brand acquired a competing retailer. Today, Watches of Switzerland’s shares saw a record decline

Heineken N.V. (EURONEXT: HEIA) finalized the sale of its Russian division to the local producer, Arnest Group, for a nominal fee of €1. This decision led to a financial setback

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s charts are FTSE 100, Dax, Dow, Bitcoin, CleanTech, Empire, Hydrogen Utopia,

US$ continues to strengthen ahead of Powell Jackson Hole speech MiFID II exempt information – see disclaimer below Sarn Helen Gold (Private, full EIS tax relief) – We are raising

Falcon Oil & Gas (FOG) noted that Falcon Oil & Gas Australia Limited’s joint venture partner, Tamboran (B2) Pty Limited, has given notice that the 2014 farm-in commitments have now

Gold exploration firm Panthera Resources PLC (AIM: PAT) has secured an unconditional $13.6 million fund from LCM Funding to advance its claims against the Indian government. Previously, Panthera disclosed that

Household energy costs are set to decrease by approximately £151 annually as the economic impact of Vladimir Putin’s incursion into Ukraine continues to diminish. The established cap, which sets a

Argos Resources Limited (AIM: ARG), provides an update on the proposed disposal of the Company’s PL001 Production Licence interests in the North Falkland Basin to JHI Associates Inc. (“JHI”). On

Quarterly Results for the 3 months ending 30 June 2023 Shares issued to Bacchus Capital LONDON and VANCOUVER, British Columbia, 25 August 2023 (GLOBE NEWSWIRE) — Mkango Resources Ltd (AIM

The Board of Premier African Minerals Limited announced a placing and subscription today to raise £4,000,000 before expenses at an issue price of 0.35 pence per new ordinary share for

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s charts are FTSE 100, Dax, Dow, Bitcoin, Ajax Resources, Amala

Nvidia sales growth lifts market despite slowdown in US manufacturing and services PMIs MiFID II exempt information – see disclaimer below Andrada Mining (ATM LN) – Improved operating performance overshadowed

Marula Mining (AQSE: MARU) an African focused mining and development company, is pleased to provide an update on the Kinusi Copper Mine (“Kinusi” or the “Project”), where the Company’s processing

On Wednesday, Bitcoin (BTC) enthusiasts celebrated a robust trading day, with the preeminent cryptocurrency climbing 1.5% to finish above US$26,400. The significant uptick occurred after the UK market closed, coinciding

CleanTech Lithium (CTL), an exploration and development company advancing sustainable lithium projects in Chile for the clean energy transition, announced an upgraded JORC resource estimate of 0.92 million tonnes of

Thor Explorations Ltd, listed on TSX-V, AIM, and OTC as THX, announced consistent operational and financial results, sharing its annual production goal for the Segilola gold mine located in Nigeria’s

Terminating a service should be a clear process, but challenges can arise. Virgin Media, a provider of broadband, TV, and mobile services, is known for making it tough for customers

The future looks bleak for most Wilko stores as thousands of jobs hang in the balance, given the administrators’ inability to secure a buyer for the beleaguered retailer. PricewaterhouseCoopers administrators

The premier operator in the North Sea shifted from nearly a $1bn profit to an $8m deficit after the introduction of the government’s windfall tax, and a subsequent reduction in

hVIVO plc (AIM & Euronext: HVO), the world leader in testing infectious and respiratory disease products using human challenge clinical trials, announces that it will release its interim results for

Dame Alison Rose is poised to get £2.4m from NatWest, even after her resignation due to her involvement in the Nigel Farage “debanking” incident. NatWest confirmed that they will still

Hummingbird is looking undervalued — but the investment case is more complex than it first appears. by Charles Archer Hummingbird Resources released its Q2 2023 trading update fairly recently, and the company now

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s charts are FTSE 100, Dax, Dow, Bitcoin, Artemis, Ajax, Ariana, Arc,

Copper prices climb alongside base metals in anticipation of China restocking MiFID II exempt information – see disclaimer below Atlantic Lithium* (ALL LN) – Minerals Commission comments on speculation over

On Wednesday, Ithaca Energy PLC reported a decrease in interim profit due to impairment charges, even as production saw growth. This North Sea oil and gas company, based in London,

Premier African Minerals (PREM), provided a further update on the Zulu Lithium and Tantalum Project with particular reference to the installation of the interim milling solution and concentrate grades. Author

Marula Mining announced its entry into the Apex segment of the Aquis Stock Exchange as of the market’s opening on 23 August 2023. To be eligible for the Apex segment,

Morgan Stanley (NYSE: MS) received a multi-million-pound penalty from Ofgem due to its energy traders’ negligence in logging conversations regarding wholesale market deals on WhatsApp. Between January 2018 and March

Global investors are rapidly shedding their holdings in China’s premier stocks in an unprecedented sell-off, suggesting that even China’s top industries are no longer favoured due to economic uncertainties. From

Upland Resources Limited (LSE: UPL) is pleased to announce that the planned Technical Workshop for the Joint Technical Study (JTS) on Block SK334, Onshore Sarawak was successfully conducted with Sarawak’s

Premier African Minerals Limited (“Premier” or the “Company”), is pleased to provide a further update on the Zulu Lithium and Tantalum Project (“Zulu”) with particular reference to installation of the

First Class Metals PLC the UK metals exploration company seeking economic metal discoveries across its extensive Canadian Schreiber-Hemlo, Sunbeam and Zigzag land holdings is pleased to announce that Palladium One Inc. (TSXV: PDM)

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s charts are FTSE 100, Dax, Dow, Bitcoin, Arc, Anexo, Aura,

M&S Set to Rejoin FTSE 100 After Four-Year Hiatus Marks & Spencer looks set to reclaim its position in the FTSE 100, marking the end of its four-year break from

Titanium prices continue to pick up in China defying widespread gloom MiFID II exempt information – see disclaimer below Atlantic Lithium* (ALL LN)– Len Kolff acquires 3m shares in Atlantic

Bitcoin has curbed additional significant declines after its sharp drop below US$26,000 last week. Over the weekend, the BTC/USDT pair found some stability, anchoring at the 26k mark. However, this

In early trading on Tuesday, Plexus Holdings PLC (AIM: POS) shares jumped 49% after the oil and gas engineering firm, listed on AIM, reported a notable boost in the value

In 2021 and 2022, the CEOs of energy titans British Gas, BP PLC, and Shell PLC experienced some of the most significant pay hikes among FTSE 100 leaders.  As domestic

Powerhouse Energy (PHE), a company pioneering integrated technology that converts non-recyclable waste into low carbon energy, announced that it has raised £1 million, through a placing at a price of

Wishbone Gold Plc (AIM: WSBN, AQSE: WSBN), is pleased to announce that specialist drill rigs and support trucks have been mobilised to its Cottesloe Project to start drilling the targets

Omega (AIM: ODX), the specialist medical diagnostics company focused on industry-leading Health and Nutrition products, announces that Chris Lea, Group Finance Director of the Company, will be stepping down as

Great Western (AIM – GWMO, Euronext Growth – 8GW) provides the following update on construction of its mill for producing precious metals in Mineral County Nevada. ·    Process equipment assembled adjacent to site

The blue-chip reporting season is winding down, but the upcoming week’s City agenda still features a number of major miners, oil firms, and recruitment companies. Additionally, a new energy price

Goldman Sachs has sounded the alarm that the U.S. government might head towards a federal shutdown later this year due to intense disagreements among Republicans regarding substantial spending cuts. Congress’s

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s charts are FTSE 100, Dax, Dow, Bitcoin, Aminex, Aura, Bushveld,

China PBoC makes smaller rate cut to stem capital exodus MiFID II exempt information – see disclaimer below Cornish Lithium* (Private) – Cornish Lithium presses ahead with $67m institutional financing

Fulcrum Utility Services Ltd (AIM: FCRM), an energy infrastructure entity, experienced a dramatic decline of over two-thirds in its market value this Monday following an announcement about its intention to

Oracle Power PLC’s (AIM: ORCP) stock increased by 5% after the mining firm on the AIM platform verified the conclusion of diamond drilling at its Northern Zone gold project located

Deltic Energy Plc, the AIM-quoted natural resources investing company with a high impact exploration and appraisal portfolio focused on the Southern and Central North Sea, has been informed by the

Hydrogen Utopia International (HUI), a company specialising in turning non-recyclable mixed waste plastic into hydrogen, announced the appointment of Simon Francis Mann as non-executive Chairman of the Company with immediate

Tirupati Graphite plc (TGR.L, TGRHF.OTCQX) the specialist graphite producer and a supplier of critical minerals for the green transition economy, provides an update with regards to the potential business combination

Jubilee Metals Group PLC (AIM: JLP; Altx: JBL), a leader in diversified metals processing, with operations in Africa, is pleased to provide an update on the chrome joint venture (“JV”)

Harland & Wolff Group Holdings plc (AIM: HARL), the UK quoted company focused on strategic infrastructure projects and physical asset lifecycle management has been notified that, in relation to the judicial review of the

Global Market Update: China’s economic slowdown is rippling through global equity markets. The FTSE AIM All-Share Index declined by 3% this week. Similarly, both the FTSE 100 and FTSE 350 fell over 3.6%, while

The Golden Goose Author @ZaksTradersCafe There is not a week that goes by when the mainstream media points out the “desperate” moves being made to restore the City’s position amongst

It’s often advised to build when the market is down, and Ondo InsurTech PLC (LSE: ONDO) is a prime example of a company putting this advice into action. Specializing in

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s charts are FTSE 100, Dax, Dow, Bitcoin,  Audioboom, Ariana, Aminex,

On Friday, Britain issued a warning to its citizens, urging them to exercise caution while travelling to Denmark due to the potential for attacks. This warning follows recent Quran burnings

This week, U.S. energy companies reduced the number of operational oil and natural gas rigs for the sixth consecutive week, according to the closely monitored report from energy services firm

The blue-chip reporting season is winding down, but the upcoming week’s City agenda still features a number of major miners, oil firms, and recruitment companies. Additionally, a new energy price

Fintech firm Glantus Holdings PLC (AIM: GLAN), a UK small-cap, has succumbed to the ongoing trend of take-private offers affecting the junior market. In recent months, Glantus engaged in discussions

The forecast predicts the price cap to decrease to £1,925, yet wholesale gas costs are expected to remain higher than pre-crisis levels. New forecasts revealed that annual household gas and

The FTSE 100 has plunged to its lowest point in nine months, following disappointing retail sales figures released earlier on Friday. This prominent UK stock index dropped significantly, declining as

The European Central Bank (ECB) is gearing up to criticize Italy over its unexpected windfall tax on banks, amidst growing tension between Christine Lagarde, the ECB’s President, and Italian Prime

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s charts are FTSE 100, Dax, Dow, Bitcoin, Audioboom, Aminex, Beacon,

US to scrutinise EV battery imports under laws on Chinese forced labour MiFID II exempt information – see disclaimer below Afarak Group Oyj (AFAGR EU) – Interim H1 report as

After Germany’s cabinet greenlit new legislation permitting the recreational use and cultivation of cannabis, predictions have emerged that the rest of Europe, including the UK, may follow suit. The German

Elon Musk’s SpaceX, the pioneering aerospace manufacturer, has reportedly sold its entire Bitcoin holdings, according to a Wall Street Journal report. This decision led to a sharp sell-off that began

Upland Resources Limited (UPL) announced that, through its collaborative discussions with the Petroleum Authority of Brunei Darussalam. Author @ZaksTradersCafe The company has recently been advised that gas was discovered in

Results from Phase 1 Exploration Program at the Kinusi Copper Mine Initial 10 -15Mt Exploration Target Marula Mining (AQSE: MARU) an African focused mining and development company, is pleased to

Upland Resources Limited (LSE: UPL) announced that, through its collaborative discussions with the Petroleum Authority of Brunei Darussalam, the Company has recently been advised that gas was discovered in two previously unknown reservoirs in