Investment fads of years gone by: Where are they now? Investing From the metaverse to meme stocks, investment fads have come and gone over the years, quickly disappearing out of the market’s collective memories. While AI might be the latest trend gripping the attention of stockpickers, it is worth remembering previous crazes in the market, to learn from (and laugh at) the mistakes of previous cycles. [...]
ITM Power stock price drops after disappointing forward guidance Energy Green hydrogen firm ITM Power’s revenue tripled from £5.2m last year to £16.5m, but the group’s stock price was hit by a downgrade in forward guidance. The power company made an adjusted operating loss of £30.4m over the last year, it reported in its preliminary results, down from a whopping £94.2m in the previous year. [...]
Ceres: Green hydrogen specialist raises forecast after inking bumper supply deal Energy Green hydrogen and fuel cell specialist Ceres Power has raised its revenue guidance for the year after signing a bumper manufacturing contract with an Asian original equipment manufacturer.
Green hydrogen specialist ITM Power expects to halve losses amid threefold revenue rise June 6, 2024 Green hydrogen producer ITM Power said it expects to cut losses by more than half in its full-year results, alongside a threefold rise in revenue.