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Apple Increases CEO Tim Cook’s Salary by 18% for 2024

Apple Inc. (NASDAQ: AAPL) has decided to increase CEO Tim Cook's compensation by 18% for the year 2024, bringing his total pay to $74.6 million, up from $63.2 million the previous year. This decision highlights the company's

Asktraders News Team
Lloyds Bank Shares Trading in Range as Firm Links Bonuses to Office Attendance

Lloyds Banking Group PLC (LON: LLOY) has recently informed its senior staff that their bonuses might be impacted based on their adherence to the company's office attendance policy. This policy mandates senior employees to wor

Asktraders News Team
Snowflake’s (NYSE: SNOW) Price Target Raised to $200

Oppenheimer has raised its price target on Snowflake 's stock (NYSE: SNOW) to $200 from $180, underscoring the firm's confidence in the software company's prospects. Snowflake retains an Outperform rating from the analyst fir

Asktraders News Team
Cyber Attack Halts Operations at Eindhoven University of Technology

Eindhoven University of Technology, a significant educational institution closely linked to ASML Holding NV (AMS: ASML), has been forced to suspend classes and shut down its computer network following a cyber attack. This inc

Asktraders News Team
Microvast Stock Starts Week Red After New 52-Week High

Microvast Holdings stock (NASDAQ:MVST) has begun this week red in the pre-market, down 5.53% at $2.22, having hit a new 52-week high at $2.87 on Friday. This surge reflects growing investor confidence, driven by various facto

Asktraders News Team
Joby Aviation Stock Red Pre-Market as Analysts’ Sentiment Shifts

Joby Aviation stock (NYSE: JOBY) is trading down 3.2% in this morning's pre-market, having ended the last week with a 7.9% drop, and a downgrade to boot. The firm, pioneering the electric vertical takeoff and landing (eVTOL)

Asktraders News Team
Europe’s Largest Pension Fund Sells Tesla Holdings

Europe's largest pension fund, Stichting Pensioenfonds ABP, has divested its entire stake in Tesla Inc., which was valued at €571 million ($585 million). This significant move occurred during the third quarter, following disa

Asktraders News Team
Instacart (NASDAQ: CART) Upgraded to “Buy”, $56 Price Target

Instacart's stock (NASDAQ: CART) offered a considerable outperformance on the market through 2024, with a gain of more than 80%. A 5% gain through the start of this year could be setting the tone for further upside if analyst

Asktraders News Team
PG&E Stock (NYSE: PCG) Gains Bullish Analyst Coverage

PG&E Corporation's stock price (NYSE: PCG) came under fire as markets dropped Friday, experiencing a 10.81% loss on the day, bringing year-to-date returns to an underwhelming 15.17% in the red. This brings the stock back

Asktraders News Team
Filtronic Share Price Rally Continues as Trading Ahead of Expectations

Filtronic (LON: FTC) shares jumped at the open on Monday after telling investors its trading performance is exceeding expectations.  The company, listed on AIM under t

Sam Boughedda
GSK to Acquire IDRx in Deal Worth Up To $1.15bn

On Monday, GSK (LON: GSK) announced an acquisition agreement with IDRx, Inc., a Boston-based clinical-stage biopharmaceutical company, for up to $1.15 billion.  The de

Sam Boughedda
BWX Technologies (NYSE: BWXT) Price Target Raised to $140

In the wake of a strategic acquisition and growing industry opportunities, Maxim analyst Tate Sullivan has updated the price target on BWX Technologies (NYSE: BWXT), raising it modestly from $138 to $140 while sustaining a Bu

Asktraders News Team
ON Semiconductor Stock (NASDAQ: ON) Continues Decline as Analyst Cuts Price Target

Bank of America (BofA) has reduced its price target for ON Semiconductor Corporation (NASDAQ: ON), from $90 to $75, maintaining a 'Buy' rating on the stock. The adjustment comes after analysts attended the CES trade show, eng

Asktraders News Team
Serco Stutters as Jefferies Downgrade Shares to Hold and Trims Target

Serco Group shares (LON: SRP) are falling today, down 3.10% in early trading after as Jefferies analyst Allen Wells downgraded the stock from "Buy" to "Hold," while also lowering the price target to 175 GBp (previously 225 GB

Asktraders News Team
Reckitt Benckiser Shares (RKT) Break 5,000 as Morgan Stanley Upgrades

Reckitt Benckiser's shares (LON: RKT) are trading up 2.42% today, as the firm received a significant vote of confidence from Morgan Stanley. In a research note, the fir

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Centrica Share Price Target Cut, Drax Target Raised by Barclays

Barclays adjusted its outlook on two UK energy names in a note this week, cutting Centrica’s (LON: CNA) price target while raising its target for Drax Group (LON: DRX). Cen

Sam Boughedda
Sainsbury’s Shares Continue Decline Despite ‘Best Ever Christmas’

Sainsbury’s (LON: SBRY) shares continued their downward trajectory, falling more than 3% on Thursday and slipping over 2% further in early Friday trading, now standing at 552.7p. 

Sam Boughedda
Relx Share Price (LON:REL) Makes New All Time High, Analysts See Further Upside

Relx share price (LON:REL) hit new 52-week, and all-time highs in yesterday's session, reaching 3,820p intraday and closing out above 3,800. With the last 12 months bri

Asktraders News Team
FTSE 100 Makes Solid Gains as FTSE 250 Fights Back To Hold 20,000

The London Stock Exchange experienced a bullish day, away from the impact of closed U.S. markets, with the benchmark

Asktraders News Team
Interpublic Group’s Stock (IPG) Double Upgraded to Outperform

In a decisive move by Exane BNP Paribas, Interpublic Group's stock (NYSE: IPG) has flipped from negative to positive as it was double-upgraded to Outperform from Underperform. The adjustment accompanies a bold price target of

Asktraders News Team
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