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SSE Index Up Strong – China Stocks Rise on Stimulus Hopes
In a day marked by cautious optimism, mainland Chinese stocks concluded in positive territory, energized by the anticipation of additional economic stimulus. The Shanghai Composite index ended higher by 0.94% to finish at 2,8
Morgan Stanley Sees Potential in Victoria’s Secret’s (NYSE: VSCO) New Chapter
Victoria's Secret stock price (NYSE: VSCO) surged by 16.40% to a current price of $22.20 as the famed intimate apparel retailer received an optimistic outlook from Morgan Stanley following a significant shakeup in its leaders
FBM KLCI Index Extends Winning Run To Four
Bursa Malaysia ended nearly flat today, with the benchmark FTSE Bursa Malaysia KLCI (Kuala Lumpur Composite Index) closing marginally higher amid cautious trading.
Google’s Play Store Monopoly in Judge’s Crosshairs
In a significant turn of events, Judge James Donato has indicated a strong stance against the alleged monopolistic practices of Alphabet Inc's (NASDAQ: GOOG) Google regarding its Android app store.
Tilray’s Stock on the Rise Following Acquisition and Sales Growth
Tilray stock price (NASDAQ:TLRY) has been gaining steadily over the past 5 sessions, totalling a 7.87% uplift as the bulls aim to take control of the narrative. The compa
Alibaba (BABA) and JD.com (JD) Brace for Earnings – What To Expect
Chinese e-commerce giants Alibaba and JD.com are on the verge of disclosing their financial performance for the June quarter, and investors are watching closely. These results come at a time when the e-commerce industry is fa
Berkshire Adjusts Portfolio: New Buys See Immediate Boost (ULTA, HEI)
Warren Buffett's Berkshire Hathaway (NYSE: BRK.B) has made noticeable changes to its investment portfolio in the most recent fiscal quarter, as reported in its 13F regulatory filing with the Securities and Exchange Commission
Positive Rate Cut Signals Boost UK Housing Sector
In what may be a turning point for the UK housing market, significant players in the mortgage industry have initiated rate cuts that are set to invigorate the sector. Lloy
Domino’s Pizza Stock Target Cut at RBC But Analyst Sees ‘Encouraging Trends’
RBC Capital reduced its price target for Domino's Pizza Group PLC (LON: DOM) from 400p to 390p in a note this week following the company's half-year results, which revealed a decline in both total orders and revenue.
Flutter Eyes £2bn Deal for Playtech’s Italian Arm
Gambling giant Flutter Entertainment (LON: FLTR) is in talks to acquire Snaitech, the consumer arm of London-listed Playtech, the companies confirmed on Wednesday.
Has Reckitt’s Share Price (LON: RKT) Put In a New Bottom?
Reckitt's share price (LON: RKT) has gained 0.57% today, to continue a mini rebound from recent lows. The stock put in new 52 week lows of 4,034p recently, before a fir
Intel Stock (NASDAQ: INTC) Bounces Off 52 Week Low
Having fallen almost 60% on a YTD basis, after a breakout 2023, the decline of Intel's stock price has been as dramatic a turnaround as we can remember in such a relative short period. 2023 saw Intel shares gain some 90% thro
FanDuel Propels Flutter Entertainment Growth – Markets React With Shares (FLTR) Up Big
Flutter Entertainment shares (LON: FLTR) have gained 8.5% this morning, following strong results from its US business, FanDuel, which surpassed expectations in its first quarterly update since transitioning from the
FTSE 100 Climbs as Inflation Data Fuels Rate Cut Hopes – FLTR Big Gainer
The FTSE 100 index experienced a lift in early trading today, rising 40 points to 8,275, buoyed by optimism over potential interest rate cuts from the Bank of England
Cardinal Health (NYSE: CAH) Reports Before The Bell – What Are Markets Expecting?
Cardinal Health (NYSE: CAH), a prominent player in the healthcare services and products industry, is expected to report earnings before today's market open. With an earnings consensus at $1.73 per share on revenues of $58.63B
Home Depot (NYSE: HD) Reports Strong Actuals, But Outlook Is Not So Rosy
Home Depot stock price (NYSE: HD) remains relatively unmoved in the premarket, as earnings come in mixed after the bell. The company's earnings per share (EPS) were reported at $4.67, beating the analyst estimates of $4.55.
Aviva Operating Profit Rises 14%, Wealth Unit Net Inflows at £5bn
Aviva plc (LON: AV.) shares rose at the start of Wednesday's session after the insurer announced a strong first-half performance, with operating profit surging 14% to £875 million.
Glencore Share Price Seen Rising Due To ‘Winning Combination’
Citi analysts renewed their coverage of Glencore (LON: GLEN) in a note this week, issuing the stock with a Buy rating and set
Legal & General Dividend Boosting Share Price (LON: LGEN) Sentiment?
Legal & General's share price (LON: LGEN) is up early today almost 1%, bringing 5 day gains to 5.4%, as the next dividend has been confirmed at 6p per share. This will be paid on 27th September to shareholders of record o
Analysts’ Latest Tech Adjustments
Investors often look to Wall Street's leading analysts to guide their investment decisions, and the past week has been rife with significant upgrades and downgrades within the tech sector. Here, we summarize the key takeaways