Skip to content
Latest News
Wall Street Forecasts for Labor Day: Jobs Report in Focus

As the Labor Day week approaches, the economic focus shifts to the closely watched August jobs report. Wall Street analysts and investors alike are gearing up for insights into the health of the U.S labor market, with expecta

Asktraders News Team
FTSE 100: A Mixed Start For European Equities

The FTSE 100 and European equities have started the week beginning Monday, September 2, 2024, mixed, with the London index edging slightly higher, gaining around 0.02%  shortly after the open. On Friday, the FTSE 100 edged ar

Sam Boughedda
Rightmove: REA Eyes Potential Acquisition

Australia's REA Group confirmed on Monday that it is considering a potential cash and share offer for to acquire Rightmove (LON: RMV), the leading online property marketplace in the United Kingdom.

Sam Boughedda
Bursa Malaysia & FBM KLCI Intent on New Highs as Rate-Cut Hopes Rise

The Bursa Malaysia concluded the trading week with notable gains, buoyed by the positive sentiment that permeated regional markets. Investors' expectations are increasingl

Asktraders News Team
Intel Gains On News Of Potential Business Restructuring

Intel's stock (NASDAQ: INTC) is a big gainer this morning, up almost 8% through the first 30 minutes of trading, as news of a potential restructuring hit markets. The tita

Asktraders News Team
Evercore ISI Drops Birkenstock Price Target to $70, Maintains Bullish Stance

Birkenstock's stock price (NYSE: BIRK) has fallen more than 21% over the last 5 trading sessions, and analysts are following the stock down with their revisions. The promi

Asktraders News Team
Compass Group Shares (LON:CPG) Continue To Outperform, Where Next?

Compass Group shares (LON: CPG) are coming off 52 week highs this week, as the London listed stock continues to outperform the index. A 12.46% on a YTD basis brings the 12

Asktraders News Team
Reckitt’s Outlook Dims; JPMorgan Cuts Rating

Reckitt's shares are trading up today, gaining 1.04% and continuing the mini recent revival. This upswing comes despite a recent move that caught the attention of investors. Notably, JPMorgan has downgraded the stock of Recki

Asktraders News Team
Diversified Energy’s Dividend Shifts Gear (LON: DEC)

Investors in search of high-yield dividend stocks on the FTSE 250 have been closely monitoring Diversified Energy Company (LON: DEC), which currently tops the list with an extraordinary dividend yield that is close to 20% at

Asktraders News Team
Whitbread Shares Upgraded at Bernstein With ‘Easier H2 Comps Ahead’

Whitbread (LON: WTB) shares rallied more than 3% Thursday after analysts at Bernstein raised their rating for the stock to Outperform from Market Perform, noting that the stock is at a record low price to earnings.

Sam Boughedda
Centrica Shares: Should Investors Buy the Dip

Centrica (LON: CNA) has seen its shares decline more than 8% in 2024. While some analysts and investors may be wary at current levels, one believes the risk-reward for the stock is now an attractive one.

Sam Boughedda
Why Has Glencore’s Share Price Been Falling In Recent Months?

Glencore's share price (LON: GLEN) has declined over the last 3 months, retracing from 52 week highs over 500p (506.72) to be trading a little over 400p. With the stock changing hands at 403.40 this morning, up 0.7%, the dip

Asktraders News Team
Analyst Downgrades CAVA Post-Rally, Increases Price Target

In a shift of its investment outlook, Morgan Stanley has downgraded CAVA Group Inc (NYSE: CAVA) from Overweight to Equalweight, a move that comes after the stock experienced a substantial rally of 189% since the beginning of

Asktraders News Team
Baird Raises Chewy’s Price Target Amid Customer Growth

Chewy's stock price (NYSE: CHWY) was a notable gainer on Wednesday, adding 11.06% on the day, to bring 1 month cumulative gains to 17.75%. This surge comes as earnings came in above expectations, and Baird are one of those an

Asktraders News Team
Tesla Seeks Lower Tariffs in Canada

Tesla (NASDAQ: TSLA) is actively lobbying the Canadian government for reduced tariffs on its electric vehicles (EVs) produced in China. The move comes in the wake of Canada's decision to impose a 100% surtax on Chinese-made E

Asktraders News Team
Salesforce Gains In Pre-Market As Firm Delivers Growth Despite Challenges (NYSE: CRM)

Salesforce stock (NYSE: CRM) is a big pre-market gainer, up almost 5% as earnings came in above expectations. Considering the stock had been struggling to remain green on the year, the company seems to have weathered the chal

Asktraders News Team
Nvidia Shares Slide Despite Robust Earnings, But Why?

Nvidia Corporation (NASDAQ: NVDA), a dominant force in the graphics processing unit (GPU) industry, delivered strong earnings, surpassing expectations with a record

Asktraders News Team
Huawei’s User Base Nears the Billion Mark

Huawei reported a big jump in first-half revenue and net profit today, as strong smartphone sales eat into Apple's market share in China. Whilst Huawei itself remai

Asktraders News Team
Affirm (AFRM) A Big Pre-Market Mover As Earnings Call Highlights Future Growth Strategies

Affirm Holdings stock (NASDAQ: AFRM) is a big pre-market gainer, up more than 17% as earnings came in above estimates. This extends the mini rally seen in AFRM's stock price over the past month, where a further 17.6% has been

Asktraders News Team
GSK Shares Rise After European Commission Approves Arexvy Label Expansion

GSK's (LON: GSK) shares are up around 0.7% on Thursday following the announcement that the European Commission has expanded the age indication for its RSV vaccine, Arexvy. [st

Sam Boughedda
Analysis Stocks Markets Strategies