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McDonald’s Reports Q2 Earnings Amidst Industry Challenges

McDonald's Corporation (NYSE: MCD), the global fast-food giant, has released its second-quarter earnings fo

Asktraders News Team
Indonesia Nickel Strategy Adjustments Considered for US Incentives

Indonesia is revising its investment approach in the nickel sector to adapt to the provisions of the United States' Inflation Reduction Act (IRA), spearheaded by President Biden. The new strategy aims to diminish Chinese inve

Asktraders News Team
Nikkei 225 and KOSPI Index Start Strong As Busy Week Begins

Investors in Asia kicked off the week on a positive note as stock markets across the region recorded gains in anticipation of potential dovish moves by major central banks.

Asktraders News Team
Video Game Workers Strike Over AI Use Concerns

A prominent Hollywood union, the Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA), has announced a strike against several major

Asktraders News Team
Chipotle’s Earnings Forecast Revised Downwards

Chipotle stock price (NYSE: CMG) has continued a recent downtrend over the past week, with a 6.5% loss bringing the cumulative 1 month dip to 19.38%. The recent quarter's earnings beat on both EPS (0.34 against 0.32) and reve

Asktraders News Team
Deliveroo Shares: Analyst Sees 14% Downside

Deliveroo (LON: ROO) shares rose 2% Friday, but one Redburn Atlantic analyst sees the food delivery giant facing headwinds. The analyst has forecast a more than 13% drop in the value of Deliveroo shares from current levels.

Sam Boughedda
FTSE 100 Continues to Climb Ahead of Thursday’s BoE Rate Decision

The FTSE 100 has started the week beginning Monday, July 29, 2024, strongly. The index is currently up 0.5% to 8,327.50 just after the opening bell, picking up from where it left off on Friday, where London’s blue-chip index

Sam Boughedda
NatWest Shares (LON: NWG) Hit Multi Year Highs – The Latest

NatWest shares (LON: NWG) jumped by more than 7% in Friday's trading session, setting new 52 week and 5 year highs (368.90p) before settling into the close at 361.90p. This run extends the appreciation in the stock to 64.35%

Sam Boughedda
Is AMD Set for Q2 Rally? What To Expect From Earnings And Beyond

Advanced Micro Devices (NASDAQ:AMD), the renowned semiconductor company, is poised to release its second-quarter financials for

Asktraders News Team
Viking Therapeutics Stock (NASDAQ: VKTX) Adds More Than 1/3rd In 2 Sessions

Viking Therapeutics stock (NASDAQ: VKTX) has gained more than a third in value since the mid-point of trading on Wednesday, as YTD gains now stand at an impressive 270%. T

Asktraders News Team
SentinelOne Stock (NYSE: S) Gains 21% As Competitors Falter

SentinelOne stock (NYSE:S) has been quietly going about adding over the past month, with 21% gains reversing the trend from early this year. The firm is in the cybersecurity space, specialising in endpoint security and champi

Asktraders News Team
Google’s Stock Down 8.5% Over 3 Trading Sessions – Where Now?

Alphabet stock price (NASDAQ:GOOG), the parent company of Google, has experienced a notable 8.5% decline in since the end of Monday's session, and follow

Asktraders News Team
Exicom TeleSystems Shares (EXICOM) Up More Than 100% From IPO, After Another Strong Day

Shares of Exicom Tele-Systems (NSE: EXICOM) showed a positive trend on the National Stock Exchange (NSE), trading at Rs. 456.3 which indicates an uptick of 4.99% over the previous close of Rs. 434.60.

Asktraders News Team
Hitting 52 Wk Lows, Why Are Lululemon Shares (NASDAQ: LULU) Down?

Lululemon Athletica stock (NASDAQ:LULU) endured a pretty terrible day yesterday, gapping down on the open, before continuing to falter throughout the remainder of the day. After hitting new 52 week lows of $245.59, LULU ended

Asktraders News Team
Netflix Stock Price Target Boosted By Deutsche Bank But Remains Below Current Levels

In recent days, Deutsche Bank reiterated its Hold rating on Netflix shares, while raising the price target from $575 to $590. At first glance, this upgrade is favourable for Netflix sentiment, as the firm 'raise', but on the

Asktraders News Team
Rightmove Shares Rise as Strong H1 Drives Revenue Growth

UK property portal business Rightmove plc (LON: RMV) reported a robust financial performance for the first half of 2024, driving its shares over 2% higher.

Sam Boughedda
Nikkei 225 Index Down 3.28% As Markets Shaken by Tech Sector Selloff

Markets around the world faced a significant downturn as major US tech companies experienced a selloff that rippled across global stock exchanges. The Japanese market was hit hard early, but the UK's leading stock indexes wer

Asktraders News Team
Unilever Shares (ULVR.L) Hit 52 Wk Highs, Up Big On Impressive H1 Report

Unilever shares (LON: ULVR) experienced a significant surge following the announcement of a strong financial performance in the first half of 2024. The result

Asktraders News Team
ServiceNow Stock A Big PreMarket Mover – Firm On Track for Strong Growth

ServiceNow (NYSE: NOW), a leading provider of cloud-based digital workflow solutions, saw its stock surge by 6.7% in premarket trading following an upbeat earnings report.

Asktraders News Team
Why Has Plug Power’s (NASDAQ: PLUG) Stock Fallen 21% In A Week?

Plug Power's stock (NASDAQ: PLUG) has fallen 21% in the last 5 trading days, effectively wiping out gains from earlier this month. With the pullback accounted for, short t

Asktraders News Team
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