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Triumph Group’s Stock Soars on Takeover News

Triumph Group stock (NYSE: TGI) is a notable pre-market gainer, up 34.47% as news of a takeover hit newswires. Private equity firms Warburg Pincus and Berkshire Partners h

Asktraders News Team
UK Manufacturing PMI Improves Slightly, Remains in Contraction Range

British factory output continued its downward trend in January, as indicated by the latest S&P Global UK manufacturing Purchasing Managers' Index (PMI) survey. The PMI recorded a reading of 48.3 in January, a slight incre

Asktraders News Team
Nike’s Stock Price Target Raised to $95

BMO Capital has adjusted its price target for Nike's stock, raising to $95 whilst maintaining an Outperform rating. Shares of Nike are down 2.31% at $75.12 in the pre-market session, with markets broadly being shaken by tarif

Asktraders News Team
How Will AI Shake-Up Impact Marvell (NASDAQ: MRVL)?

Marvell Technology's stock (NASDAQ: MRVL) is increasingly gaining attention, stepping out of the shadow of peers such as Nvidia, AMD, and Broadcom. An impressive gain of 68.4% over the past 12 months highlights some of the mo

Asktraders News Team
Tariff’s Hit Markets, GM Lags as Auto’s Down

The imposition of tariffs has already had tangible effects on the stock market. GM's share price (NYSE: GM) has decreased by 7.26% in the pre-market, Ford's stock (NYSE: F) has fallen by 4.17% and Tesla (NASDAQ: TSLA) is down

Asktraders News Team
EnSilica Shares Jump on UK Space Agency Award

EnSilica (LON: ENSI) shares jumped to a high of 48p a share in early Monday trading after the company announced it had secured £10.38 million in funding from the UK Space Agency under the Connectivity in Low Earth Orbit (C-LE

Sam Boughedda
Atlassian’s Stock (TEAM) Leads Markets Higher as Earnings Impress

Atlassian's stock (NASDAQ: TEAM has seen a jump in trading today, with a 17.53% gain. Earnings came in above expecations, and analysts have reacted to the upside. Adam Tind

Asktraders News Team
Booz Allen Stock (NYSE: BAH) Hits 52 Week Low Despite Earnings Beat

Booz Allen stock (NYSE: BAH) started the trading day on the back foot, hitting an intra-day low of $121.02 close to the open, before rallying somewhat to $128.53. The low also reflects a new 52 week bottom for the stock which

Asktraders News Team
Bank of England Expected to Cut Interest Rates This Week

The upcoming week will see the Bank of England policy setting meeting on Thursday (6th February), with markets watching keenly for both immediate moves, and and indications of future policy.

Asktraders News Team
SoFi’s Stock Delivers Strong Start To 2025, Be Prepared For Some Whipsaw

SoFi Technologies' stock (NASDAQ: SOFI) has already taken holders on a mini rollercoaster through the first month of 2025, with a rally of more than 25% through the first few trading weeks of the year giving way to a ~12% dip

Asktraders News Team
Amazon Stock Price Approaching Highs With Earnings Looming Large

Amazon and Alphabet are the next of the Magnificent 7 to report earnings, with the 6th February looming large for holders of AMZN, and

Asktraders News Team
IBM Stock Price Makes New ATH as Earnings Drive Analyst Revisions

IBM's stock (NYSE: IBM) ended the day as one of the best performers in the market, with a gain of 12.96% leading the stock to a new all-time-high at $261.80. Bulls piled in as the company announced its fourth-quarter earnings

Asktraders News Team
Ground Rents Income Rejects Latest Victoria Property Acquisition Proposal

Ground Rents Income Fund (LON: GRIO) said Friday that it has rejected an improved takeover proposal from Victoria Property Holdings, a subsidiary of Martin Property Group, stating that the offer "materially undervalues the co

Sam Boughedda
Whirlpool of India’s Shares Hit New 52 Week Low After Difficult Start to 2025

Whirlpool Corp (NYSE: WHR), a U.S listed home appliance manufacturer, announced plans to reduce its stake in its Indian subsidiary from 51% to approximately 20%. This strategic decision led to a significant drop in Whirlpool

Asktraders News Team
A.O. Smith Stock Makes 52 Week Low as Earnings Fail To Spark

A.O. Smith Corporation (NYSE: AOS) has seen its stock hit a new 52-week low during yesterday's session, hitting $65.53 per share before stabilising slightly to close at $67.31. With a 13.27% over the past year, the company's

Asktraders News Team
Smiths Group Shares Surge: Here’s Why

Smiths Group’s share price (LON: SMIN) surged to a record high of 2,188p on Friday after the company announced a strategic overhaul aimed at unlocking shareholder value.  [sto

Sam Boughedda
FDM Group Shares (LON: FDM) Continue To Fall as Deutsche Bank Trims PT

Bears continue to circle around FDM Group shares (LON: FDM), with the early stages of 2025 bringing a decline in share price of 24.59%, and 47.88% over the past 12 months. Beleaguered holders will not have enjoyed seeing FDM

Asktraders News Team
AMD Stock Price Down 31%, Analysts Revised Targets Continue To Reflect Upside

AMD's stock (NASDAQ: AMD) has been the focus of many in recent times, after a fall from grace that has seen the price fall 31% over the past 12 months. Zooming out to the 5 year gives a completely different picture, but tells

Asktraders News Team
What to Expect With Apple Earnings on Deck (NASDAQ: AAPL)

Apple Inc. (NASDAQ: AAPL) is set to announce earnings after the bell, against the backdrop of negative analyst sentiment over the past few months. This earnings ann

Asktraders News Team
Meta’s Stock Set To Open at New Highs as Earnings Impress & Analyst Raises

Piper Sandler has increased its price target for Meta Platforms Inc.'s (NASDAQ: META) shares from $670 to $775, maintaining an Overweight rating. This revision refl

Asktraders News Team
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