News

• FTSE 100 opens lower
• US Futures rise ahead of CPI data later this week
• Halifax house price index fall 2.4% in July
• Brent oil hovers around 4-month high

FTSE 100 Opens Lower

“UK

Compass Group plc (LON:CPG)’s third-quarter revenues grew by 15% on an organic basis, helped by double-digit increases in all regions. This has been achieved through a combination of volume and

Key Points

• Shares of Elox surged almost 100% after receiving an increased price target from Oppenheimer and published preclinical data demonstrating activity against subtypes of colorectal

Key Points

• Carnival shares are selling off at Monday’s market open; the decline follows the company’s release of its second quarter 2023 earnings results. 
• A seemingly significant disconnect

Key Points

• Houston-based utility NRG Energy surged 3.94% as the company addressed concerns of activist investor Elliott Management, which acquired a $1 billion stake in NRG in May.
• The

Close Brothers Group plc (LON:CBG), the UK merchant banking group, has issued an update on trading in the third quarter of its financial year, covering the period from 1 February to 30 April 2023

In his Daily Market Notes report to investors, Louis Navellier wrote:

Climbing Wall of Worry

S&P 500 climbed the wall of worry and briefly broke 4,200 this morning.

Despite the unresolved

Key Points

• Canoo is crossing a major milestone and will begin production soon. 
• The company expects a 20K run rate by EOY this year, but cash reserves are dwindling. 
• Short interest is

Robert Lynch is the Co-founder, Chief Risk Officer and Managing Partner at Aristeia Capital. Prior to co-founding Aristeia Capital in 1997, Lynch served as a Managing Director at Centurion