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Barclays Cuts Vodafone Rating as German Market Struggles Persist

Barclays has downgraded Vodafone (LON: VOD) to Equal Weight from Overweight, cutting its price target to 110 pence from 120 pence per share. The bank said the telecommunic

Sam Boughedda
Hugo Boss Shares Surge 9% on Thursday – Here’s Why

Shares in Hugo Boss (ETR: BOSS) jumped more than 9% on Thursday after UK retailer Frasers Group announced an unsolicited voluntary public takeover offer for all outstanding shares in the German fashion house at €38.00 per sha

Asktraders News Team
Here’s Why SanDisk Shares Rallied 14.5% on Thursday

SanDisk Corp (NASDAQ: SNDK) closed at $1,881.51 on Thursday, up $238.28 (+14.50%), after Oracle's $70 billion capex guidance confirmed that hyperscaler demand for AI memory and storage is accelerating — not slowing.

Asktraders News Team
Adobe Stock Slides Despite Record Q2 Beat and Raised Guidance

Adobe (NASDAQ: ADBE) shares tumbled more than 6% in after-hours trading on Thursday after the creative software giant reported record fiscal second-quarter results that beat analyst expectations on both the top and bottom lin

Asktraders News Team
Tritax Big Box Jumps 5% as Heathrow Data Centre Approval Arrives Early

The planning consent for Manor Farm landed on Wednesday, the same morning Tritax Big Box had told investors to expect a further wait until July.

Asktraders News Team
Thursday Morning Markets: FTSE 100 Gains Despite Further US-Iran Strikes

London Holds Firm Despite Geopolitical Jitters The FTSE 100 is up 0.5% in early Thursday trading, despite news of further strikes between the US and

Sam Boughedda
Wizz Air Shares Gain as Record Passenger Numbers Offset Substantial Profit Drop

Shares in Wizz Air (LSE: WIZZ) surged more than 3% on Thursday after the budget carrier reported its full-year results for the twelve months to 31 March 2026 — a set of numbers that highlighted both the airline's underlying o

Asktraders News Team
Halma Shares Plunge Despite Record Revenue and Profit

Shares in Halma (LON: HLMA) plummeted more than 11% on Thursday — shedding over 510p to trade around 4,128p — as investors took fright at customer concentration risks in its fast-growing photonics division, even as the FTSE 1

Asktraders News Team
IHG Shares: Goldman Sachs Sees Valuation Gap Narrowing With Hilton and Marriott

Goldman Sachs raised its price target on InterContinental Hotels Group to $188 from $165 (NYSE: IHG) (LON: IHG), maintaining a Buy rating on the stock in a note on Wednesday.

Sam Boughedda
FCAS Cancellation a Non-Event for Airbus, mwb Research Says

Germany and France's move to cancel the manned fighter jet at the center of the Future Combat Air System program will have negligible earnings impact on Airbus (EPA: AIR), according to mwb Research, which kept its Hold rating

Sam Boughedda
Oracle Shares Slip After Hours Despite Revenue Beat, Cloud Miss Weighs

Oracle Corporation (NYSE: ORCL) shares fell more than 5% in after-hours trading on Wednesday after the enterprise software giant delivered a mixed fiscal fourth-quarter report, beating analysts' expectations on earnings and r

Asktraders News Team
Cracker Barrel Surges 27% on Wednesday as Beat-and-Raise Quarter Signals Turnaround

Cracker Barrel Old Country Store (NASDAQ: CBRL) jumped ~27% higher on Wednesday, June 10, becoming one of the Nasdaq's standout performers of t

Asktraders News Team
Here’s Why Super Micro Computer (SMCI) Plunged ~28% on Wednesday

Super Micro Computer (NASDAQ: SMCI) has shed approximately 28% of its market value on Wednesday after announcing a massive $7 billion equity and equity-linked financing package, sending shock

Asktraders News Team
Wednesday Morning Markets: FTSE 100 Holds Flat as Miners Weigh and US Inflation Data Looms

FTSE 100 Treads Water The FTSE 100 is broadly flat in Wednesday morning trade, despite a sell-off in some mining shares. 

Sam Boughedda
Pennon Group Shares Fall as Results Reveal Dividend Cut Despite Return to Profit

Shares in Pennon Group (LON: PNN) fell on Wednesday after the FTSE-listed water company published its full-year results for the year ended 31 March 2026, with investors appearing to focus on a cut in the dividend per share an

Asktraders News Team
WH Smith Shares Plunge as Retailer Launches Capital Raise and Cuts Profit Outlook

WH Smith (LON: SMWH) shares collapsed more than 17% on Wednesday after the travel retail giant launched a dilutive capital raise and slashed its full-year profit guidance, citing the ongoing impact of the Middle East

Asktraders News Team
Why EasyJet’s Share Price Has Surged 21% in a Month — And What Could Happen Next

Takeover speculation, a compelling valuation, and now a growing list of potential suitors have turned easyJet (LON: EZJ) into London's most closely watched airline stock. Here's what's driving the move, how it compare

Asktraders News Team
DraftKings Shares Surge as Predictions Platform Posts Strong Early Growth

DraftKings (NASDAQ: DKNG) shares jumped over 11% on Tuesday after the online sports betting giant released encouraging preliminary data on its fast-growing Predictions platform, signalling that the company's diversification p

Asktraders News Team
United Natural Foods Tumbled on Tuesday – Here’s Why

Shares of United Natural Foods (NYSE: UNFI) plunged 13% on Tuesday after the wholesale food distributor reported a mixed set of third-quarter results and issued a cautious full-year outlook that fell short of Wall Street's ex

Asktraders News Team
Berenberg Sees WPP Shares as a Buy, Pushing Back Against Goldman’s Sell Rating

Berenberg initiated coverage of WPP (LON:WPP) with a Buy rating and a 405 pence price target, striking a contrasting tone to Goldman Sachs, which launched coverage of the advertising giant with a Sell just last week.

Sam Boughedda
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