Day: February 15, 2023

Kape Higher on Monday Shares in Kape Technologies are trading sharply today as the stock gapped higher at the London open on news of a takeover bid. Majority shareholder Unikmind Holdings has reportedly offered $1.51 billion to purchase all remaining shares in the company ($3.44 per share). Unikmind, owned by Teddy Sagi, is unable to […]

Airbnb Reporting Today Along with January US CPI we also have two big US earnings reports due today with Coca Cola and Airbnb reporting Q4 results. Looking at the latter, shareholders are hoping for a seventh consecutive positive set of earnings results. Given that the market is looking for both EPS and revenues to have […]

GBP Weakening  GBP looks to be under pressure at the start of the week following on from the selling we saw last week. Despite the NIESR reporting that it no longer expects the UK to suffer a recession this year, the economy (seen flat in Q4) is still reeling from the ongoing political uncertainty and […]