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Johnson Matthey to Sell Catalyst Technologies Unit to Honeywell for £1.8bn

Johnson Matthey (LON: JMAT) said Thursday that it has agreed to sell its Catalyst Technologies business to US industrial group Honeywell International for £1.8 billion, as part of a strategic pivot to streamline operations an

Sam Boughedda
HSBC Shares Underperforming Sector Peers – Reviewing Performance Metrics

HSBC Holdings plc (LON: HSBA), a leading global banking organisation, has announced a new policy that will incorporate office attendance as a component of its annual employee performance reviews. The move emphasises the impor

Asktraders News Team
EasyJet Shares Drop Despite Solid Outlook

easyJet (LON: EZJ) shares fell by over 5% at the start of Thursday’s session despite the airline reaffirming its positive outlook for the full year.  The carrier repor

Sam Boughedda
Marks & Spencer Share Rating Lifted to Buy as Cyber Attack Provokes ‘More Normalised Positioning’

Jefferies raised its rating for Marks & Spencer (LON: MKS) to Buy from Hold in a note to clients this week. The firm told investors that the recent cyberattack has led

Sam Boughedda
Transcat’s Stock (TRNS) Takes a Breath, as Analyst Upgrades PT

Transcat's stock (NASDAQ: TRNS) is trading down 3.6% today, despite C. Wainwright upgrading its outlook, and raising the firm's price target. Amid broader macroeconomic uncertainty, the company's fiscal Q4 results have prompt

Asktraders News Team
Fortnite Returns to Apple’s App Store After Nearly Five Years

Epic Games has announced the return of its popular game, Fortnite, to Apple's App Store in the United States. This marks the end of a significant period during which the game was banned from the platform. The return comes aft

Asktraders News Team
Snowflake Earnings on Deck – What To Expect (NYSE: SNOW)

Snowflake Inc. (NYSE: SNOW), the cloud-based data warehousing and analytics powerhouse, is set to release its Q1 fiscal 2026 earnings after the market closes today on the back of a recent rally. With the stock trading at $183

Asktraders News Team
AMD Retains ZT Systems’ Engineering Team, Sells Manufacturing Operations

Advanced Micro Devices' stock (AMD) is trading up 1.71% through the early part of trading. Despite rallying strongly over the past month (+34.94%), AMD's stock remains 30% down over the past year, and a long way from highs.

Asktraders News Team
KOSPI Index Moves Up, as Leading Shares Decline

The Korean Stock Price Index (KOSPI) today staged a notable recovery, closing at 2625.58 points, for a 0.91% increase on the day. The upturn in the KOSPI

Asktraders News Team
Alphabet Kicks Off Google I/O with AI Announcements as Stock Continues to Underperform

Alphabet Inc. recently unveiled a series of significant artificial intel

Asktraders News Team
GBP/USD Hits 3-Year High as Inflation Increases

The UK pound his risen to its highest level in three years against the USD, boosted in part by UK consumer inflation data that exceeded forecasts. According to the Office for National Statistics, inflation increased to 3.5% i

Asktraders News Team
Currys Raises Full-Year Profit Forecast as Performance Strengthens

Currys (LON: CURY) has once again lifted its full-year profit forecast after a stronger-than-expected end to the financial year.  The company pointed to accelerating s

Sam Boughedda
Nuclear Energy Stocks Up Big YTD, SMRs Lead The Way (OKLO, SMR)

The nuclear energy sector is experiencing a renaissance in 2025, with small modular reactor (SMR) technology at the heart of this trans

Asktraders News Team
Marks & Spencer Shares Down as Cyber Attack Disruption to Continue into July

The Marks & Spencer (LON: MKS) share price declined more than 3% on Wednesday after the retailer warned that the fallout from a recent cyber attack would continue to affect operations into July.

Sam Boughedda
JD Sports Shares Tumble as Profits Slide

JD Sports (LON: JD.) shares plunged by more than 8% at the open on Wednesday after the retailer reported a decline in annual profits and highlighted market volatility. The

Sam Boughedda
FTSE 100 Index Nears 8,800 on Strong Day – May Rally Continues

London's FTSE 100 index continued to rally today, adding 0.94% to reach 8,781.12 by the close of the session. With the index now nearing 8,800, after a 5.43% gain ove

Asktraders News Team
Palo Alto Earnings on Deck as Stock (NASDAQ: PANW) Approaches Breakout

Palo Alto Networks' stock (NASDAQ: PANW) could be set to challenge resistance, setting up for a potential breakout if earnings come in strong. The company, a cornerstone of the global cybersecurity sector, is prepared to repo

Asktraders News Team
D-Wave Stock (QBTS) Set To Open at New Highs as Advantage 2 Availability Boosts Sentiment

D-Wave Quantum's stock (NYSE: QBTS) is once again one to watch in the pre-market, with the price having gained 20%, indicating a new all time high can expected upon the open. This morning's catalyst is the general availabilit

Asktraders News Team
DCC Share Price Target Cut, Analyst Remains Bullish (LON: DCC)

RBC Capital Markets has revised the price target for DCC plc, a leading international sales, marketing, and support services group, reducing it to 5,200 GBp from the previous 5,400 GBp.

Asktraders News Team
Pony AI Stock (NASDAQ: PONY) Rallying Pre-Market as Robotaxi Revenue Grows

Pony AI's stock (NASDAQ: PONY) is on the rise this morning, with a gain of 7.87% in the pre-market coming as the company released its first-quarter earnings. Revenue came in at $75.03 million for the trailing twelve months, a

Asktraders News Team
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