Skip to content
Latest News
UK Chancellor Aims To Entice Wall Street Investors To London Markets

In an assertive move to attract foreign investments into the United Kingdom, Chancellor Rachel Reeves embarked on a strategic journey to North America, meeting key industry leaders in New York and Toronto. This overseas ventu

Asktraders News Team
TSMC Stock Rebounds After Overblown Reaction

Taiwan Semiconductor Manufacturing Co. (NYSE:TSM), the world's leading semiconductor manufacturer, experienced a significant dro

Asktraders News Team
Down 25% YTD, Capita Shares (LON: CPI) Trimmed By Deutsche Bank

Capita shares (LON: CPI) have gained 2.6% today but remain firmly in the red on recent trends, with the last 5 days of trading amounting to some 14.8% in losses. The UK-ba

Asktraders News Team
Analysts Downgrade Lloyds Banking Shares Following H1 Results

Lloyds Banking Group (LON: LLOY) has faced downgrades from analysts at Citi, UBS and RBC Capital following the release of its

Sam Boughedda
Volkswagen Share Price Target (VOW3) Gets Downward Adjustment, Firm Remains Bullish

Volkswagen shares (ETR: VOW3) have seen a decrease of 9% over the past 5 trading sessions, trading marginally above €94, and very close to 52 week lows. The stock's performance comes in the wake of Berenberg's recent price ta

Asktraders News Team
Nikkei 225 Bounces Back With Big Gains As Asian Markets Rally

After a dramatic sell-off, markets experienced a strong rebound on Tuesday, characterised by a significant resurgence in Japanese stocks, and the Nikkei 225 index which soared over 10% following a steep 12% plunge on the prev

Asktraders News Team
Under Armour Stock (NYSE:UAA) Bounces Off 52 Week Lows

Under Armour stock (NYSE: UAA) was not immune to yesterday's pullback, hitting a 52-week low at $6.17, before stabilising to end the day at $6.37. Despite the pre-market indicating gains of 1% for UAA, the sportswear giant is

Asktraders News Team
Price Target Lowered for Twilio Stock (NYSE: TWLO) But Upside Potential Remains

Twilio stock (NYSE: TWLO) has had a difficult period as far as price-action, with a dip to $60.67,making a 14.7% loss on a YTD basis. Despite this downturn, Barclays has r

Asktraders News Team
Palantir Earnings Incoming – What To Expect From PLTR

On a very red start to the trading week, markets are poised for Palantir's Q2 financial results, scheduled for release after the bell today. Analysts are expecting earnings per share of 8 cents and revenue of $652.42 million,

Asktraders News Team
Buffett Cuts Apple In Half

In a move that caught the investment world by surprise, Berkshire Hathaway, led by iconic investor Warren Buffett, substantially reduced its holdings in tech giant Appl

Asktraders News Team
Rolls-Royce to Sell Stake in Mini-Nuclear Power Stations Business

Rolls-Royce (LON: RR.) is considering selling a share in its mini-nuclear power stations venture, according to a report from the Sunday Telegraph. The company is considering a "range of options."

Sam Boughedda
FTSE 100: Equities Decline as Last Week’s Sell-Off Continues

The FTSE 100 and European equities have started the week beginning Monday, August 5, 2024, negatively, picking up where they left off last week. The FTSE 100 is currently down more than 2% shortly after the opening bell. On F

Sam Boughedda
European Banks Hit March Lows Amid Global Fears

European banking stocks plunged in Monday's early trading session as investors grappled with the growing fears of a potential United States recession. The distress was catalysed by employment data released on Friday which rai

Asktraders News Team
Nikkei 225 and KOSPI Index Hit Hard As Global Markets Pull Back

The world's financial markets are reeling from one of the most tumultuous starts to a trading week in recent history. Early movers in Asian markets show the Nikkei 225 Index in Japan taking a nosedive of 12.4%, resulting in i

Asktraders News Team
Allstate Stock Price (NYSE: ALL) Hits to New ATH’s On Impressive Earnings

Allstate Corp stock (NYSE: ALL) reached new 52-week, and all time highs of $180.86 during trading before settling 3.66% up on the day. With ALL now up 66.54% over the past 12 months, the bulls are firmly in charge of this one

Asktraders News Team
Supermicro Stock (SMCI) Dips Despite Key Addition to AI SuperCluster

Supermicro Computer (NASDAQ: SMCI) has made an impactful addition to its lineup of Artificial Intell

Asktraders News Team
FTSE 100 & 250 Dip as Caution Prevails

The FTSE 100 index declined modestly on Friday, with a 0.51% drop, as the market sentiment turned cautious ahead of awaited economic data from the United States. The FTSE 250 index also saw a notable decrease, retreating by 1

Asktraders News Team
Snap’s Stock (NYSE: SNAP) A Big Pre-Market Mover, Down 17% As Pullback Continues

Snap stock (NYSE: SNAP) has taken a bit of a beating in the pre-market so far, down 17.3% as an earnings miss on both EPS and revenue gets punished by markets. With SNAP s

Asktraders News Team
Coinbase Stock Pulls Back, With Earnings Looking Solid

Coinbase stock price retreated 5.2% on the day, making a 5 day cumulative dip of 12.59%, despite bit beats on EPS and revenue. The firm's financial performance has been un

Asktraders News Team
DA Davidson Boosts Carvana Target to $155, CVNA Has Strong Day In Difficult Market

Carvana share price (NYSE: CVNA) saw a notable uptick , as the stock ended the day at $146.52, marking a 9.98% increase from the previous close. Hitting new 52 week highs, and bullish sentiment would likely have sent the pric

Asktraders News Team
Analysis Stocks Markets Strategies