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Apple’s Stock in Correction Territory as iPhone Shipments Fall in Q4 2024

In the fourth quarter of 2024, Apple Inc. (NASDAQ: AAPL) experienced a decline in its global iPhone shipments. This decline is primarily attributed to weak demand and sales in China, according to data from the International D

Asktraders News Team
Citi Boosts MasterCard Price Target (NYSE: MA) to $584 Amid FinTech Upswing

In a recent analyst adjustment, Citi has raised the price target on MasterCard Incorporated (NYSE: MA) to $584, up from the previous target of $572, while maintaining a "Buy" rating for the stock. This revision accompanies a

Asktraders News Team
KB Home Stock (NYSE: KBH) Gains Boosted $95 Price Target as Earnings Beat

Evercore ISI has upgraded their price target for KB Home's stock (NYSE: KBH), a notable player in the residential construction sector, from $88 to $95, while retaining an Outperform rating on the shares. This updated target c

Asktraders News Team
Tradeweb Markets’ Stock Raised By Analysts

Tradeweb Markets' stock (NASDAQ: TW) is trading up 1.61% today, moving back into the green on the year at $131.94. In recent days, the stock has seen a small raise from Barclays analyst Benjamin Budish, increasing the firm's

Asktraders News Team
Southwest Gas Stock (NYSE: SWX) Initiated With $73 Price Target at Jefferies

Southwest Gas Holdings, Inc. (NYSE: SWX), a key player in the utilities sector, has been started with a Hold rating by the investment firm Jefferies, who also set a price target of $73 on the company's stock. This target sugg

Asktraders News Team
FTSE 100 Holding 8,200 as Ocado Makes Strong Gain

The FTSE 100 index displayed mixed movements in trading sessions on January 14, evidencing both significant declines and gains among constituent companies. JD Sports

Asktraders News Team
Persimmon Shares (LON: PSN) Jump as Firm Increases Profit Guidance

Developer Persimmon (LON: PSN) has raised its 2024 pre-tax profit guidance, surprising investors and market analysts with better-than-expected home completions and increased average selling prices. This update was well receiv

Asktraders News Team
Robinhood to Pay $45M Fine Following SEC Allegations

Robinhood Markets' (NASDAQ: HOOD) two key broker-dealer units, Robinhood Securities LLC and Robinhood Financial LLC, have consented to pay $45 million in penalties. This payment comes as a settlement to address allegations po

Asktraders News Team
Lululemon’s Price Target (NASDAQ: LULU) Increased at BofA

Bank of America has lifted its price target for the athletic apparel retailer Lululemon Athletica's stock to $480, up from the previous $420, while keeping a Buy rating on the shares. Following a successful holiday performanc

Asktraders News Team
Nvidia Expands AI Operations with New Headquarters in Taipei

Nvidia Corporation (NASDAQ: NVDA) is bolstering its presence in the artif

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British American Tobacco Shares Dip as Reinet Plans to Sell Stake

British American Tobacco shares (LON: BATS) are trading down today, shedding 1.88%, as Reinet has announced its intention to divest its holdings in the firm. The Jerse

Asktraders News Team
JD Sports Downtrend Continues as Profit Forecast Lowered

JD Sports Fashion (LON: JD.) revised its profit forecast downward on Tuesday, citing higher-than-anticipated market headwinds during the holiday trading period.  [stock_market

Sam Boughedda
Ocado Q4 Sales Growth Boosts Stock: Will it Snap Losing Streak?

Ocado Group (LON: OCDO) shares surged in early Tuesday trading, climbing more than 13% after Ocado Retail reported impressive fourth-quarter results, with a notable 17.5% increase in retail revenue, reaching £715.8 million.&n

Sam Boughedda
Tesco’s Price Target Trimmed, With Bullish Sentiment Maintained

Tesco shares (LON: TSCO) have had their outlook revised at JPMorgan, with an adjustment in price target on TSCO from 410p to 400p. Despite the trim in target price, the firm has maintained an "overweight" rating on Tesco’s st

Asktraders News Team
US Indices Red on Year, Barclays Foresees Single Fed Rate Cut

In December, labour market data showed a strong performance with nonfarm payrolls increasing by 256,000, significantly surpassing the consensus estimate of 165,000. The unemployment rate also saw a decline to 4.1%, supported

Asktraders News Team
Apple Increases CEO Tim Cook’s Salary by 18% for 2024

Apple Inc. (NASDAQ: AAPL) has decided to increase CEO Tim Cook's compensation by 18% for the year 2024, bringing his total pay to $74.6 million, up from $63.2 million the previous year. This decision highlights the company's

Asktraders News Team
Lloyds Bank Shares Trading in Range as Firm Links Bonuses to Office Attendance

Lloyds Banking Group PLC (LON: LLOY) has recently informed its senior staff that their bonuses might be impacted based on their adherence to the company's office attendance policy. This policy mandates senior employees to wor

Asktraders News Team
Snowflake’s (NYSE: SNOW) Price Target Raised to $200

Oppenheimer has raised its price target on Snowflake 's stock (NYSE: SNOW) to $200 from $180, underscoring the firm's confidence in the software company's prospects. Snowflake retains an Outperform rating from the analyst fir

Asktraders News Team
Cyber Attack Halts Operations at Eindhoven University of Technology

Eindhoven University of Technology, a significant educational institution closely linked to ASML Holding NV (AMS: ASML), has been forced to suspend classes and shut down its computer network following a cyber attack. This inc

Asktraders News Team
Microvast Stock Starts Week Red After New 52-Week High

Microvast Holdings stock (NASDAQ:MVST) has begun this week red in the pre-market, down 5.53% at $2.22, having hit a new 52-week high at $2.87 on Friday. This surge reflects growing investor confidence, driven by various facto

Asktraders News Team
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