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Apple in £3 Billion U.K. iCloud Lawsuit

Apple Inc. is embroiled in a legal battle in the United Kingdom as it faces a lawsuit amounting to £3 billion ($3.78 billion) over claims of anti-competitive practices linked to its iCloud services. A U.K. consumer rights gro

Asktraders News Team
AstraZeneca Q3: Company Has ‘Solid Momentum’

AstraZeneca's (LON: AZN) third-quarter report highlighted what analysts at Goldman Sachs are calling "solid momentum" in the pharmaceutical giant's financial and pipeline performance.

Sam Boughedda
Marks & Spencer: 5 Key Takeaways From Its Capital Markets Day

Marks & Spencer (LON: MKS) hosted its Capital Markets Day in London this week, outlining its plans for growth and efficiency. Following the event, Citi analysts shared five key takeaways:

Sam Boughedda
Tapestry and Capri Holdings Scrap $8.5 Billion Merger – TPR Stock Bounces on News

Tapestry, Inc. (NYSE: TPR), a leading New York-based house of modern luxury accessories and lifestyle brands, and Capri Holdings Limited (NYSE: CPRI), a global fashion luxury group, have mutually decided to terminate their pr

Asktraders News Team
FTSE 100 Index Bounces off 8,000 To Break Recent Losing Streak

The FTSE 100 index has exhibited a positive trend as it trades up 39 points, or +0.49% entering the closing hour. This comes after a couple of days of declines on th

Asktraders News Team
JPMorgan Sets Higher Ambitions for Mitra Keluarga Shares (MIKA)

In a notable shift of perspective, JPMorgan has upgraded Mitra Keluarga (IDX: MIKA) to "Overweight" from "Neutral," earmarking a higher trajectory for the healthcare provider's stock. This bullish amendment comes with a new p

Asktraders News Team
Unilever Explores Sale of Select Dutch Brands

Unilever (LON: ULVR), a global consumer goods powerhouse, is reportedly considering the sale of several of its Dutch food brands as part of a broader strategic overhaul led by its Chief Executive Officer Hein Schumacher. The

Asktraders News Team
Tech Industry Braces for Policy Shifts as Trump Returns

With President-elect Donald Trump poised to re-enter the White House, the United States' technology sector is on the edge of significant change. Industry leaders across the board, including influential figures like Elon Musk

Asktraders News Team
AO Smith Stock Price (NYSE: AOS) Hits New 52 Wk Low

In a recent turn of events that has market watchers and investors talking, A.O. Smith Corporation (NYSE: AOS), a major player in the water heating and treatment industry, saw its shares plummet to a 52-week low, registering a

Asktraders News Team
China’s Gigawatt Offshore Solar Plant A World First

In an impressive leap forward in renewable energy, China has announced the launch of the world's first gigawatt-scale offshore solar photovoltaic project. Situated off the coast of Dongying City, Shandong Province, this groun

Asktraders News Team
KOSPI Ends Mildly Green, As KOSDAQ Retreats

In today's trading session, the Korea Composite Stock Price Index (KOSPI) witnessed a modest gain, closing at â‚©2,418.86 on a mixed day f

Asktraders News Team
AMD Up In PreMarket, as Firm Cuts Workforce Amid AI Shift

AMD's stock price (NASDAQ:AMD) has fallen 15.71% in the last month of trading, as markets have broadly taken off in a bullish direction, leaving questions to be answered.

Asktraders News Team
B&M ‘Well-Positioned’ for Golden Quarter, Shares Gain

Discount retailer B&M (LON: BME) reported strong interim results for the 26 weeks to 28 September 2024, resulting in its shares gaining, making it one of the top performers in the FTSE 100 on Thursday.

Sam Boughedda
Meta Gears Up For In-App Ads and Defends in Antitrust Case

Meta Platforms (NASDAQ: META), formerly known as Facebook, is taking significant strides in both expanding its revenue streams and defending its business practices on the legal stage. Two major developments are at the forefro

Asktraders News Team
Cisco Stock Falls on Earnings Despite Mild Beat (CSCO)

Cisco's stock (NASDAQ: CSCO) is trading down in the pre-market, dropping 4.21% after coming off multi year highs, as earnings failed to get the bulls moving. In Cisco's fi

Asktraders News Team
Buffett’s Berkshire Continues Selling Spree

Warren Buffett's Berkshire Hathaway (NYSE: BRK.B) has been a dominant force in the investment world for decades, but recent trends show a striking pattern of stock sell-offs by the conglomerate.

Asktraders News Team
Aviva Shares Rally on ‘Very Strong’ Q3 Performance

Aviva (LON: AV.) shares jumped at the open on Thursday after the British insurer reported a "very strong" third quarter with double-digit growth in key metrics. [stock_market_

Sam Boughedda
FCA Widens Motor Finance Review, Posing New Risks for Lenders (CBG, LLOY)

The Financial Conduct Authority (FCA) has significantly expanded its review of the motor finance sector, a move that might expose lenders such as Close Brothers Group PLC and Lloyds Bank to a potential surge in compensation c

Asktraders News Team
Crypto Miners Miss On Revenue as BTC Bull Run Pauses For Breath (WULF, MARA, HIVE)

Despite an increase in revenue, three major publicly listed Bitcoin mining companies on Wall Street reported net losses in their third-quarter outcomes, highlighting the challenging environment even for top players in the cry

Asktraders News Team
Why is Rivian Up Today?

Rivian's stock price (NASDAQ: RIVN) has gained 20% in trading today, having retested the $13 level. But what is behind the sudden shift in momentum? In a strategic move und

Asktraders News Team
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