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Google Settles Italian Tax Case with €326 Million Payment

Alphabet's stock (NASDAQ: GOOGL) has gained 0.58% today as the company settled a tax dispute with Italian authorities, at a figure substantially less than had been

Asktraders News Team
Arista Networks Stock (NYSE: ANET) Falls 5% Despite Earnings Beat

Arista Networks stock (NYSE:ANET) is down 5.5% today following the release of quarterly earnings that came in above expectations on both top and bottom lines. The company reported earnings per share (EPS) of $0.65, outpacing

Asktraders News Team
Occidental Petroleum Stock (NYSE: OXY) Gains Despite Q4 Revenue Miss

Occidental Petroleum's stock price (NYSE: OXY) has gained 6.24% through the first half of trading today, as the company announced mixed fourth-quarter results. The print revealed Occidental beat substantially on earnings per

Asktraders News Team
KOSPI Index Stretches Winning Streak To 7 With Push Above 2,670

The KOSPI index stretched it's winning streak to seven, with a close of 2,671.52 making a solid 1.7% gain on the day. This upward trend was notably drive

Asktraders News Team
FTSE 100 Hit’s Low of The Week as UK Inflation Jumps

The FTSE 100 is trading down 0.61% today to make the lowest point of the week, as several significant corporate developments coincided with a rise in UK inflation. The headline index dropped by 53.38 points to 8,713, with Gle

Asktraders News Team
Glencore Shares Slide After Reporting 2024 Profit Decline

Glencore’s (LON: GLEN) share price fell after the commodities giant reported a 16% drop in adjusted EBITDA for 2024, driven by lower energy coal prices.  The company s

Sam Boughedda
Jet2 Shares Plunge as Profit Margins Could ‘Come Under Some Pressure’

Jet2 (LON: JET2) shares fell sharply Wednesday after warning profit margins may face pressure in the year ahead due to cost headwinds and a later booking profile. [stock_marke

Sam Boughedda
Bright Horizons Price Target (NYSE: BFAM) Boosted

In a recent evaluation from BMO Capital, Bright Horizons Family Solutions Inc. (NYSE: BFAM), a leading provider of childcare and early education, back-up care, and workforce education solutions, has been given a vote of confi

Asktraders News Team
D Wave Quantum Stock Gains as Firm Announces Staque Collaboration

D-Wave Quantum Inc. (NYSE: QBTS) and Staque have unveiled a groundbreaking hybrid-quantum application designed to optimize the movements of autonomous agricultural vehicles. This innovative solution aims to enhance efficiency

Asktraders News Team
Antofagasta Shares Gain as Firm Sees Growth in Revenue and Profits for FY24

Copper mining giant Antofagasta's shares (LON: ANTO) gained early in London, before tapering into the early afternoon. Having been up more than 3% early as earnings were digested, the share price now stands 0.68% up on the da

Asktraders News Team
Venture Global’s Stock (VG) Gains New Bullish Coverage, Initiated With $20 Target

Venture Global stock (NYSE: VG) today received a promising outlook from RBC Capital Markets as the firm began coverage with an Outperform rating and a $20 price target. This positive assessment rides on the back of Venture Gl

Asktraders News Team
Tesla Accelerates India Focus Post PM Modi Meeting

Tesla's stock price (NASDAQ: TSLA) is up 0.89% in the pre-market session, as markets digest the latest news coming through. The company is said to be making signifi

Asktraders News Team
Intel’s Stock (INTC) Gains as TSMC Explores Manufacturing Deal

Intel's stock (NASDAQ: INTC) is on the rise again today, up more than 6.5% in the pre-market, after having already gained 16.72% year-to-date. This morning's gain can in part be attributed to news that Taiwan Semiconductor Ma

Asktraders News Team
KOSPI Achieves Six-Day Rally as Samsung Announces Shareholder Value Initiatives

The KOSPI index has continued its upward trajectory, marking its sixth consecutive day of gains. In today's session (February 18, 2025) the KOSPI closed

Asktraders News Team
Castings Share Price Tumbles as Demand Drops Further in Q3

Castings PLC (LON: CGS) shares fell sharply Tuesday after the company issued a trading update warning of weaker-than-expected profitability due to declining demand in the heavy truck market, which accounts for approximately 7

Sam Boughedda
Berenberg Starts Costain Group at Buy, Lifts Trustpilot Target

Berenberg initiated coverage of Costain Group (LON: COST) with a Buy rating and a 140p per share price target in a note Monday, citing improved profitability and stronger free cash generation. 

Sam Boughedda
What To Expect From Earnings This Week (BIDU, BABA, CVNA, CAKE, RIVN, WMT)

As earnings season continues, investors will have a slightly shortened trading week due to the U.S. stock market closure on Monday in observance of Washingto

Asktraders News Team
Xi Jinping Meets Chinese Tech Leaders As Local Markets Start Year Strong (HSI, SSE)

Chinese President Xi Jinping conducted a high-level symposium with some of the country's top entrepreneurs, signalling strong government support for the private sector. The

Asktraders News Team
Snowflake Stock (NYSE: SNOW) Gains 19% YTD as Alphabet Divestment Completes

Snowflake's stock price (NYSE: SNOW) has gained impressively through the start of the year, adding 19.10% year-to-date. Holders of Alphabet (NASDAQ: GOOGL) could be forgiven for looking on enviously, with it's own stock havin

Asktraders News Team
Up 60% YTD, Robinhood Stock (HOOD) See’s Price Target Raised

Robinhood's stock price (NASDAQ: HOOD) jumped yesterday as earnings, buoyed by cryptocurrency trading, beat on top and bottom lines. The stock has now gained an impressive 61.76% year-to-date, and 376% over the past 12 months

Asktraders News Team
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