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Amazon Eyeing Further Expansion in AI with Anthropic

Amazon.com's stock price (AMZN) has rather quietly been gaining over the past month, adding 15.02%. Now, the giant in e-commerce and cloud service provision, is reportedly gearing up for an additional multi-billion dollar inv

Asktraders News Team
DraftKings Stock Price (NASDAQ: DKNG) Suffers Post-Earnings Dip

In the wake of its third-quarter financial report, DraftKings' stock price (NASDAQ: DKNG) has fallen by 6.36% into the pre-market session today. DKNG had been rallying in the days leading into earnings, with the previous five

Asktraders News Team
Vistry Plunges After Cutting Profit Outlook as Cost Pressures Increase

Vistry Group (LON: VTY), a leading UK housebuilder, saw its shares plummet by more than 15% on Friday after the company issued a profit warning and revealed deeper-than-expected cost issues within its South division.

Sam Boughedda
IAG Shares Jump as Q3 Performance ‘Very Strong’

IAG (LON: IAG), the parent company of British Airways, Iberia, and Aer Lingus, saw its shares surge on Friday following the re

Sam Boughedda
Novo Nordisk 2025 Outlook Dampens Price Action (NVO)

Novo Nordisk stock price (NYSE: NVO), the Danish pharmaceutical giant, saw its value tumble to a ten-month low after providing an underwhelming outlook for the upcoming year. The last month of trading has seen the stock shed

Asktraders News Team
Will BP’s Share Price Underperformance Continue amid Trump’s Energy Policies?

BP shares (LON: BP) have delivered very little for holders through 2024, with a decline of 18.23% in the stock price significantly underperforming the market. The 5 year trend has not been much better, with a 24.25% dip in sh

Asktraders News Team
Air France-KLM Share Price Dips, Earnings Weighed Down by Higher Costs

Air France-KLM shares (EPA: AF) tumbled 10.71% so far today following a report that revealed the airline's operating profit in the third quarter significantly missed market expectations. The dip in profit is attributed to esc

Asktraders News Team
IonQ Delivers Revenue Growth, and Outlook Raise After Strong Month For Stock

IonQ (NYSE: IONQ), a leader in quantum computing, has reported a significant year-over-year revenue growth in its third-quarter earnings. The company announced a revenue of $12.4 million, which marks a 102% increase compared

Asktraders News Team
Qualcomm Surprises with Strong Q4 Results – Stock Gains (QCOM)

Qualcomm Incorporated (NASDAQ: QCOM), a leading semiconductor and telecommunications equipment company, has concluded its fiscal fourth quarter on a high note, outpacing Wall Street forecasts and laying out an optimistic guid

Asktraders News Team
BoE Trims Rates As Expected With Global Uncertainties Looming

The Bank of England (BoE) is set to make a pivotal move in interest rates for the second time this year, lowering them to 4.75 percent. This decision comes against a backdrop of economic challenges and geopolitical uncertaint

Asktraders News Team
Alaska Air Stock Price (ALK) Hits 52 Wk High on Strong Day For Airlines (DAL, UAL)

In a remarkable surge in the aviation sector, Alaska Air Group stock (NYSE: ALK) hit a new 52-week high of $51.90, after gaining 6.3% as election results

Asktraders News Team
Sainsbury’s Falls Despite 5% Jump in Food Sales

Major UK supermarket chain Sainsbury's (LON: SBRY) reported a decline in statutory post-tax profits for the first half of its financial year, despite strong sales growth.  [st

Sam Boughedda
Rolls-Royce Shares Slide as Supply Chain Challenges Remain

On Thursday, Rolls-Royce Holdings (LON: RR.) announced its trading update for the period ending October 31, 2024, sending its shares over 3% below the previous session’s close. 

Sam Boughedda
Rivian Earnings (RIVN) : What To Expect As Landscape Shifts

In the rapidly evolving electric vehicle (EV) market, Rivian Automotive, a major contender, has been making significant strides and encountering challenges alike. As the third-quarter financials approach today, analysts are c

Asktraders News Team
Rocket Lab Stock Price (RKLB) Hits New 52-Week Peak

Rocket Lab stock (NASDAQ: RKLB), a key player in the aerospace sector, marked a significant achievement by attaining a new 52-week high on a day in which the company added more than 10% to it's market cap. The company's share

Asktraders News Team
EasyJet Share Price Target (EZJ) Trimmed at JPMorgan, Firm Remains Bullish

EasyJet shares (LON: EZY) are moving green this morning, trading up 1.42% and continuing the bullish sentiment that has seen the stock price gain 10.90% over the past month. Despite the upward move, a price target adjustment

Asktraders News Team
Commerzbank Exceeds Revenue Estimates, Shares Dip on Credit Costs (CBK)

In a much-anticipated financial update, Commerzbank AG has reported a successful third quarter with revenues surpassing consensus estimates by approximately €55 million, driven by robust net interest income, diverse income so

Asktraders News Team
Persimmon Sees Signs of Build Cost Inflation In Negotiations For 2025

Leading UK homebuilder Persimmon (LON: PSN) reported positive trading momentum in the period since July 1, 2024, but noted some signs of build cost inflation. The company r

Sam Boughedda
Marks & Spencer Shares Jump on Strong H1 Results

Marks & Spencer Group Plc (M&S) reported a strong performance in its first half results for the 26 weeks ended 28 September 2024, sending its shares higher in early Wednesday trading.

Sam Boughedda
US Markets Pricing In Result – Russell 2000 Leading

As the US election unfolds, it’s becoming clear that Donald Trump is outperforming his 2020 results, especially in key Republican strongholds. Trump is leading in the elec

Asktraders News Team
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