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Victrex Stock Drops on Lower Q3 Sales and Leadership Shake-Up

Victrex (LON: VCT) shares plunged at the open on Tuesday after the high-performance polymer specialist reported a drop in third-quarter revenue and confirmed the retirement of Chief Executive Jakob Sigurdsson.

Sam Boughedda
Lionsgate Studios Stock (NYSE:LION) Plunges to New Lows: Is There a Silver Screen Lining?

Lionsgate Studios stock price (NYSE:LION) plunged to a new low of $5.58, as 2025 continues to display a bearish pattern for holders. With the stock down 14% over the past month and 29.5% since the start of this year, there ha

Asktraders News Team
HSBC Sours on Banking Giants: Downgrades JPM, GS, and BAC Ahead of Earnings

HSBC has issued downgrades for major U.S. banks ahead of next week's upcoming earnings season. JPMorgan Chase (NYSE:JPM) and Goldman Sachs (NYSE: GS) were both downgraded from "Hold" to "Reduce" with price targets significant

Asktraders News Team
Carvana’s Stock (CVNA) Makes New High, June Pullback In the Rear-View

Carvana's stock price (CVNA) has made new highs at $359.90, as June's pullback has been bought, and a break and close above $350 puts bulls back in charge. This represents

Asktraders News Team
Exxon Mobil Braced for Q2 Headwinds in Trading Update, Stock Dips (XOM)

Exxon Mobil (NYSE: XOM) heads into its second-quarter 2025 earnings release on August 1st with a trading update that indicates expected dips in key areas. The energy giant announced that fluctuating commodity prices, specific

Asktraders News Team
FTSE 100 Dip’s Into Close, Taylor Wimpey Follows – Bank’s Buck Trend With Gains

The FTSE 100 also tailed off into the close of today's session, ending the day down 0,19%, yet holding on to the 8,800 level.

Asktraders News Team
Pantheon Resources Shares (LON:PANR) Drop Near Offering Price As Company Raises

Pantheon Resources shares (LON:PANR) are down 12.96% today as a fundraise applied pressure on the price. The company today announced a $16.25 million fundraise completed through a placing and subscription of new ordinary shar

Asktraders News Team
Shell Shares (LON:SHEL) Drop as Q2 Trading Update Digested – What Was In It?

Shell plc (LON:SHEL) has released its second quarter 2025 update, painting a complex picture of the energy giant's performance and triggering a drop in its shares. Shell's share price has fallen 2.7% through the morning sessi

Asktraders News Team
CoreWeave (CRWV) To Acquire CORZ – Saga Wraps Up With Both Stocks Down

Core Scientific stock price (NASDAQ: CORZ) is reeling in pre-market trading, plummeting 16% following the announcement of its acquisition by cloud computing firm CoreWeave in an all-stock transaction. The deal, a culmination

Asktraders News Team
Analysts Continue to Trim McDonald’s (MCD) Price Targets – Is The Stock Attractive At This Level?

McDonald's Corporation (NYSE: MCD) has seen it's stock come under increasing pressure in recent months, with analysts cutting their outlook at increasing pace. In the shortened week of trading just gone, both KeyBanc and Gugg

Asktraders News Team
Haleon’s Share Price (LON:HLN) Back Into Range – Correction Territory

Haleon's share price (LON: HLN) has pulled back 10% from recent highs just over 1 month ago, sitting firmly in a trading range that has held through much of the past 12 months, and in correction territory.

Asktraders News Team
London Share Listings Hit 30-Year Low Amid AstraZeneca Exit Fears

The London Stock Exchange is facing intensifying pressure as initial public offerings (IPOs) slump to historic lows and speculation swirls over AstraZeneca potentially abandoning its UK listing.

Sam Boughedda
Drax Shares: Analyst Bullish Ahead of July 31 Results

JPMorgan resumed coverage of Drax Group (LON: DRX) with an Overweight rating and a price target of 1,000p in a recent note, citing the company’s strong positioning amid the growing challenges of the UK power grid.

Sam Boughedda
Weir Group Shares (LON: WEIR) Boosted as Analyst Raises Price Target

The Weir Group shares (LON: WEIR) have been given a boost, as an analyst target hike to 2,950p reflects indicates close to 20% upside from the current level. With the share price threatening a breakout at 2,500p, and trading

Asktraders News Team
JPMorgan Leads Analyst Chorus on Rheinmetall Shares (ETR: RHM)

Rheinmetall (ETR: RHM), the German defense and automotive powerhouse, continues to capture the attention of investors and analysts alike as escalating geopolitical tensions fuel unprecedented growth in the European defense se

Asktraders News Team
IAG Share Price (LON: IAG) Looks Set To Retest Resistance as Price Target Raised

IAG shares (LON:IAG) have been given a further vote of confidence, as Deutsche Bank significantly raised its price target on the stock to 460p from 385p, reiterating a "Buy" rating. This bullish outlook comes ahead of IAG's J

Asktraders News Team
Continental AG Shares (CON.DE) On Watch – Aumovio Spin-Off Sparks Optimism

Continental AG (shares CON.DE) are attracting renewed investor attention as the planned spin-off of its automotive division, Aumovio, draws closer. Citi recently initiated

Asktraders News Team
OPEC+ Eight Accelerate Output, Testing Resilience Amid Relative Geopolitical Calm

Eight key OPEC+ members; Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman, have agreed to boost their combined crude oil production by 548,000 barrels per day (bpd) starting in Augus

Asktraders News Team
Medical Device Trade War Escalates Between China and EU

The simmering trade tensions between China and the European Union have boiled over into the medical device sector. China’s Ministry of Finance announced Sunday it will rest

Asktraders News Team
SSP Group Shares Underappreciate £1.2bn India JV Valuation, Says Shore Capital

SSP Group (LON: SSPG) shares do not yet reflect the full value of its Indian joint venture, Travel Food Services (TFS), according to Shore Capital, following confirmation of the TFS initial public offering.

Sam Boughedda
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