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Ackman Advocates Fannie/Freddie Merger as Privatization Push Intensifies

Billionaire investor Bill Ackman recently proposed a merger of the two government-sponsored enterprises (GSEs), Fannie Mae (FNMA) and Freddie Mac (FMCC), arguing it would streamline operations, reduce mortgage rates, and unlo

Asktraders News Team
Versarien Plummets as Financial Concerns Grow

Versarien shares plunged 31.5% to 0.013 pence on Monday after the advanced engineering materials group warned that it may be forced into administration. The stock has fallen 81.8% over the past 12 months.

Sam Boughedda
Nvidia and AMD Stocks Dip: Revenue Sharing Deal For China Chip Sales To Hit Margins

Nvidia (NVDA) and Advanced Micro Devices (AMD) have reportedly struck a deal with the U.S. government, agreeing to allocate 15% of their revenue from AI chip sales in China to the U.S. Treasury. This concession secures export

Asktraders News Team
Oxford Nanopore Technologies Shares Down as CEO Intends to Step Down

Oxford Nanopore Technologies CEO and co-founder Gordon Sanghera will step down by the end of 2026. Sanghera will remain focuse

Sam Boughedda
Genedrive Shares Tumble Despite Forecast of Doubling Annual Income

Genedrive shares dropped more than 13% on Monday to 0.974 pence, extending a steep decline that has seen the stock lose 59% this year and 70% over the past 12 months. [stock_m

Sam Boughedda
S4 Capital Shares Jump After Confirming Preliminary Merger Talks With MSQ Partners

S4 Capital (LON:SFOR) surged more than 9% to 23.25p in early Monday trading after the digital advertising group confirmed it is in early discussions with MSQ Partners over a potential merger.

Sam Boughedda
Marshalls Shares Slide as H1 Profit Dips, Dividend Cut

Marshalls plc (LON: MSLH) shares fell over 2% in early Monday trading after the landscaping and building materials group reported lower first-half profits and trimmed its interim dividend.

Asktraders News Team
SSP Group Shares: These Analysts See Challenges Ahead

SSP Group (LON: SSPG) shares have come under sustained pressure in recent weeks, falling 9.7% over the past month. The stock is down almost 9% since the start of the year, but is up more than 4% over the past 12 months.

Sam Boughedda
Berenberg Bullish on BP Shares, Now Sees Better Prospects For Upstream Business

Berenberg upgraded BP (LON: BP.) shares to “Buy” from “Hold” in a note to clients last week, citing stronger second-quarter performance and improved medium- to long-term prospects for the oil major’s upstream business. 

Sam Boughedda
DoorDash Price Target Get’s Another Look – Analysts Revise En Masse, The Latest At $360

DoorDash's stock (DASH) has been busy setting fresh highs, as a surge of analyst optimism following a stronger-than-expected Q2 performance adds to the bullish sentiment. Numerous firms raising their price targets and reaffir

Asktraders News Team
TRIG Navigates Wind Shortfall, Reaffirms Dividend

The Renewables Infrastructure Group (TRIG) released its interim H1 results today, revealing a mixed performance amidst challenging conditions. While the company generated

Asktraders News Team
Glencore Price Target Raised, As Shares Look To Regain Lost Ground

Glencore's share price (LON:GLEN) has been under increasing pressure in recent weeks, with a 5% dip this week, and a 12% pullback from the recent high on July 23, a little over two weeks ago.

Asktraders News Team
Fresnillo Price Target Raised Higher as Analysts Become Increasingly Bullish

Fresnillo plc (LON:FRES) is drawing increased attention from analysts, with JPMorgan and Berenberg both raising their price targets on the stock. This bullish sentiment co

Asktraders News Team
Diageo Shares Holding 2,000p Level as Goldman Sachs Upgrades From Sell

Diageo is showing signs of recovery, buoyed by an upgrade from Goldman Sachs and a renewed focus on cost-saving measures. This has helped support Diageo's share price (LON:DGE) in recent sessions, with DGE rallying 11.6% on w

Asktraders News Team
Maersk Shares Enjoy Strong Week on Upbeat Earnings and Raised Guidance

Mærsk shares are experiencing upward momentum following the release of a robust second-quarter earnings report and an upgraded full-year outlook. The Danish shipping giant, a bellwether for global trade, reported preliminary

Asktraders News Team
Tempus AI Stock (NASDAQ:TEM) Rallying Into Earnings – Updated With Results

Post Earnings Update - 8/8Tempus AI puts up a strong quarter, with a beat and raise pushing stock $TEM 10% hig

Asktraders News Team
Peloton’s Stock (PTON) Testing Resistance As Analyst PT Raise Boosts Sentiment

Peloton Interactive (NYSE: PTON) is moving higher this morning, with the stock being propped up by a surprise EPS profit in Q4 earnings, and a strategic pivot towards wellness and monetization. The stock price rallied followi

Asktraders News Team
SoundHound AI Stock (NASDAQ:SOUN) Sharply Higher on Earnings Beat and Raise

SoundHound AI's stock (NASDAQ: SOUN) is a big pre-market mover today, up 22.95%, following the release of a stronger-than-expected earnings print. The voice AI company reported a narrower EPS loss and a significant revenue be

Asktraders News Team
Cranswick’s Pet Food Arm Set to Boost Earnings, Says Shore Capital

Cranswick’s (LON:CWK) pet food business is poised to deliver a more meaningful earnings contribution after a slow start, according to Shore Capital. Cranswick is one of Sho

Sam Boughedda
The Trade Desk Stock (TTD) Down Big As Outlook Overshadows Q2 Print

The Trade Desk's stock (NASDAQ: TTD) has experienced a significant sell-off overnight, shedding over $10 billion in market cap, with a 29% stock price drop, despite reporting what appear to be solid, if unspectacular second-q

Asktraders News Team
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