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Former Shell Finance Executive to Join Drax as CFO

Drax Group (LON: DRX) has named Frank Lemmink as its next Chief Financial Officer, appointing the former Shell executive to the role effective 1 September 2025. Lemmink, wh

Sam Boughedda
Constellation Brands Earnings Loom – Stock (STZ) at Multi Year Lows

Constellation Brands stock (NYSE: STZ) trades marginally above the recent multi year low, with a 26.9% decline through the first half of 2025 leaving holders searching for a sentiment shift. With earnings on deck after market

Asktraders News Team
FTSE 100 Holds Steady as UK/US Deal Begins – Automakers Benefit (RR)

The FTSE 100 is holding steady today around 8,800 as a new chapter in U.K.-U.S. trade relations began. The preferential tariff agreement, hammered out in May, officially came into effect today, which offers a significant boos

Asktraders News Team
Canada Rescinds Digital Services Tax Amid U.S Trade Tensions

In a move that has sent ripples through both the tech industry and international trade circles, Canada has officially rescinded its Digital Services Tax (DST), initially slated to take effect today. The decision, announced la

Asktraders News Team
Nutanix (NTNX) Gains Bullish Initiation of Coverage As Stock Recaptures $75

Nutanix's stock price (NASDAQ: NTNX) is coiling back above $75, with a bullish initiation of coverage indicating what may be to come for NTNX. [stock_market_widget type="chart

Asktraders News Team
Uber and Lyft Amid Downgraded, Robotaxi Uncertainty Flagged As Concern

The future of ride-hailing is in flux, and Wall Street is taking notice. Canaccord Genuity downgraded both Uber (UBER) and Lyft (LYFT) from "Buy" to "Hold," signaling a gro

Asktraders News Team
St. James’s Place Share Price (STJ) Makes 52 Wk High, Doubling Up

St. James's Place share price (LON:STJ) hit a fresh new high at 1,187.50, on a 7.81% gain during the last week of trading. The rally has now pulled STJ firmly into breakout territory, with an impressive gain of 114%, to more

Asktraders News Team
Progress Software Earnings on Deck – What to Expect (PRGS)

Markets are keenly awaiting Progress Software Corporation's (NASDAQ: PRGS) second-quarter fiscal 2025 earnings report, scheduled for release after today's market close. The company, a provider of application development and d

Asktraders News Team
Pearson Shares: Analyst Sees Good Entry Point

Pearson (LON: PSO) shares received a boost from one firm on Friday, sending the stock up around 1.8%.  Analysts at Exane BNP Paribas upgraded the stock to Outperform from N

Sam Boughedda
Centrica Share Price Risk/Reward Now Balanced: Here’s Why

JPMorgan downgraded Centrica (LON: CNA) to Neutral from Overweight in a recent note, citing a more balanced risk/reward profile after a prolonged period of outperformance. 

Sam Boughedda
Tritax Big Box REIT Shares Rise: Sees Potential to Deliver 50% Medium-Term Earnings Growth

Tritax Big Box REIT (LON: BBOX) shares rose on Monday after the firm told investors that it anticipates growing adjusted earnings by 50% by the end of 2030.  The forec

Sam Boughedda
Robinhood Price Target Raised – Earnings Forecast, and Multiple Increased (HOOD)

Robinhood Markets, Inc. (NASDAQ: HOOD) is enjoying a banner year, fueled by a resurgence in retail trading, a strategic expansion into cryptocurrency, and a string of positive earnings reports. Ropbinhood's stock price closed

Asktraders News Team
Can Baidu Rebuild Stock (BIDU) Sentiment With Open-Sourcing?

Baidu (BIDU) is set to initiate the open-sourcing of its Ernie generative AI large language model (LLM), in a move that could shake up sentiment. This strategic pivot, confirmed by a Baidu spokesperson as a gradual rollout, m

Asktraders News Team
HPE Reaches Settlement For Juniper Networks Acquisition

Hewlett Packard Enterprise (NYSE:HPE) finds itself grappling with the complexities of a major acquisition, the influence of activist investors, and the ever-shifting dynamics of the technology market. HPE's stock has underper

Asktraders News Team
Rolls Royce Shares End Week With Further Highs, Analyst Downgrades To Hold

Rolls-Royce shares (LON:RR) have ended another week of trading, with yet further highs, as the rally which has seen the RR share price double in 12 months rolls on. Brea

Asktraders News Team
Nike Stock Jumps 11% on Earnings Beat – Analysts Raise Target’s, Obstacles Remain

Nike's stock price (NYSE: NKE) has jumped more than 11% in extended hours, trading at $69.56, as a stronger-than-expected earnings report has finally given bulls something to bite into. Analysts have been quick to revise thei

Asktraders News Team
Spotify Hit’s New High – Analysts Continue To Raise Outlook on Stock

Spotify's stock (NASDAQ:SPOT) has been boosted by a series of bullish analyst reports that have sent the stock soaring to new highs. As of this morning's pre-market, SPOT is trading at $782.14, a 0.8% jump overnight, and an i

Asktraders News Team
U.S. and China Agree To Implement Trade Framework: Markets Cautiously Optimistic

After months of strained relations and escalating trade tensions, the United States and China have announced a framework agreement aimed at imple

Asktraders News Team
Software Firm Visma Chooses London For IPO – Report

Visma, the €19 billion software group backed by private equity, has provisionally selected London over Amsterdam for its planned initial public offering next year, according to the

Sam Boughedda
Moonpig Shares Tumble But Analyst Says CEO ‘Leaves Group in Strong Position’

Moonpig (LON: MOON) shares dropped more than 9% on Thursday as its results disappointed investors While analysts noted that some metrics were slightly ahead of expectations

Sam Boughedda
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