Latest News
Asos Revenue Falls, Reports First Half Loss
Online clothing retailer Asos (LON: ASC) reported its interim results on Wednesday, with revenue declining year-on-year and the company sinking to a first-half loss.
Nigerian Naira Strengthening, Inflation Soars, & NSE ASI Index Flat
Despite the strengthening of the Nigerian naira in recent weeks, the inflation in Africa’s largest economy is only gaining momentum. The National Bureau of Statistics reported an alarming increase in March’s inflation rate at
Is Meta Platforms Poised for Another Earnings Beat?
As Meta Platforms Inc (NASDAQ: META) prepares to unveil its quarter one (Q1) 2024 financial results on April 24 (after market close)
Meta Platforms Pauses Threads App Operations in Turkey
In adherence to regulatory demands, Meta Platforms Inc. (NASDAQ: META) has announced its decision to temporarily cease the operation
Ascent and Decline: Trump Media’s Stock Falters
Investors in Trump Media & Technology Group (NASDAQ: DJT) have witnessed a dramatic descent of the company's stock, with it closing down 18.35% on Monday, at $26.61. In early pre-market trading today DJT stock tries to fi
SSE Composite Index Down Despite China GDP Growth Beating Expectations
In what is seen as an encouraging sign of economic resilience, China's economy expanded by 5.3% in the first quarter of the year compared to the same period last year. This uptick not only surpasses the growth rate of the pre
BP to Cut Over 100 Jobs in its EV Charging Division: Shares Down Today
BP's (LON: BP) share price has dropped by 1.99% this afternoon on a difficult start to the day all around for markets.
Rivian (NASDAQ:RIVN) Shares Dip Amid EV Market Shakedown and Competition Heat
The electric vehicle (EV) market has been witnessing a remarkable change, as reflected in the recent performance of Rivian's stoc
Netflix Stock A Perfect 10 In Analyst Price Upgrades, No Magnificent 7
Netflix stock (NASDAQ: NFLX) started the week on a sour note, with NFLX share price down 2.52% to begin the week. The yearly ascent of the stock has been as impressive as anything we have seen from Netflix for quite some time
Marks & Spencer: Analysts Bullish Despite Pullback
Despite a recent pullback in Marks & Spencer's (LON: MKS) stock price, analysts remain bullish on the iconic British retailer's continued turnaround prospects.
Dr Martens Issues Cautious Outlook, CEO to Step Down
Footwear company Dr. Martens provided a trading update Tuesday, alongside its outlook for the next financial year. The company said its full-year 2024 results are expected to be in line with guidance and consensus expectation
JPMorgan Chase Shares (NYSE: JPM) Fighting Back After Red Friday
JPMorgan Chase & Co. (NYSE:JPM) found itself at the centre of an unexpected downturn after it posted encouraging earnings figures only to see its stock waver in response. Despite delivering an EPS of $4.63 against a cons
Samsung & SK Hynix Shares – South Korean Growth Amid Global Uncertainty
South Korea's leading semiconductor companies, Samsung Electronics and SK Hynix, have been caught in the riptide of a sinking global market, with their share prices showing remarkable strength despite rising global semiconduc
Super Micro Computer Inc Shares Take A Breather – AI Fatigue Or Normal Service?
The shares of Super Micro Computer Inc (NASDAQ: SMCI) have taken a 15.94% hit in the last month, marking a stark transition from the earlier trend seen through Q1. Does the downturn do anything to deter long-term SMCI shareho
Cuts Coming At Tesla – Employee Layoffs Loom as Pricing, and Targets Cut
Tesla's (NASDAQ:TSLA) shares are down slightly in the pre-market by 0.68% as the automaker continues to struggle to shift sentimen
The FTSE 100 Slides – Here’s What to Watch This Week
The FTSE 100 is trading at 7,965 in early Monday trading on April 15, 2024, falling 0.38%, following Friday’s 0.91% gain. The London blue-chip index closed up 71.78 points at 7,995.65 on Friday.
Is Exxon Mobil Stock (NYSE:XOM) A Buy Heading In To Earnings? Analysts Bullish
Exxon Mobil (NYSE: XOM) first-quarter call on April 26, 2024 may be one to add to your earnings calendar. Whilst there will be plenty of action in the coming
Petrofac Shares (PFC) Tumbling Today, -27% As Talks with Lenders to Restructure Debt Ongoing
Petrofac (LON: PFC) provided an update today on its ongoing efforts to address its financial situation. The company said it is actively engaged in discussions with various stakeholders as part of a strategic and financial rev
Inchcape to Sell UK Retail Operations to Group 1 for £346m
Automotive company Inchcape (LON: INCH) announced the sale of its UK retail operations to Group 1 Automotive UK Limited in a cash deal worth approximately £346 million. The move is said to align with Inchcape's strategy to fo
SoundHound AI Shares (NASDAQ: SOUN) Get Analyst Upgrade, Win Big On The Day
SoundHound AI shares (+5.76%) were one of the big winners on Thursday, as the stock looks to turn around sentiment after what has been a pretty horrible last month, having shed almost half of its' value in that time.