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Royal Mail Owner IDS Agrees to £3.6bn Takeover Deal

Royal Mail's parent company, International Distributions Services (LON: IDS), announced Wednesday that it has agreed to a £3.57 billion takeover offer by Czech billionaire Daniel Kretinsky's investment company EP Group.

Sam Boughedda
Celsius Holdings Stock Slumps As Stifel and BofA Come In With Price Target Upgrades

After the Memorial Day holiday, Celsius Holdings (NASDAQ:CELH), a prominent energy drink company, experienced a significant downturn, seeing its stock price fall nearly 17% in Tuesday morning trading before finding a little s

Asktraders News Team
Shell Faces Shareholder Split on Climate Plan

With holders of Shell stock (LON: SHEL) having seen growth of more than 21% over the past 12 months, you might expect complete alignment between the board and sh

Asktraders News Team
FTSE 100 Faces Downward Pressure After Extended Weekend

The FTSE 100 index, a benchmark for the UK's largest publicly traded companies, has slipped below the 8300 threshold, a leve

Asktraders News Team
Waystar Prepares Nasdaq IPO with 45M Share Issuance

Waystar Holding could be set to generate a buzz in the financial markets, as the announcement of its initial public offering (IPO) of 45,000

Asktraders News Team
Barclays Share Price (LON: BARC) Hits New 52-Week High

Barclays shares (LON:BARC) achieved a significant milestone during Tuesday's trading session by reaching a new 52-week high. The British multinational bank’s

Asktraders News Team
Robinhood Shares (NASDAQ: HOOD) See Accelerated Additions From Institutions

Dimensional Fund Advisors LP has significantly increased its holdings in Robinhood Markets stock (NASDAQ: HOOD). According to the most recent filing with the Securities and Exchange Commission (SEC), the firm expanded its sta

Asktraders News Team
Amazon’s AWS Boosts Italian Cloud with $2 Billion Euro Investment

Amazon's cloud computing division, Amazon Web Services (AWS), is set to strengthen its footprint in Italy with a substantial investment aimed at expanding its cloud infrastructure and services in the region. AWS, which embark

Asktraders News Team
Auto Industry Leaders Join Elon Musk In Shifting Stance on China Tariffs

In a notable change of heart, several prominent figures in the automotive industry are now voicing their opposition to the protective tariffs on Chinese

Asktraders News Team
Blockchain Devices Market Booms

The Blockchain devices market is on an impressive trajectory and is expected to achieve exponential growth, with forecasts predicting a surge to $15.69 billion by 2031. This marks a significant climb from its valued size of $

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Revolution Bars Rejects Nightcap Proposal, Says its ‘Incapable of Being Delivered’

Revolution Bars Group (LON: RBG) rejected a takeover proposal from competitor Nightcap on Tuesday, calling it "incapable of being delivered." 

Sam Boughedda
Pets at Home Earnings: Here’s What to Expect

Pets at Home (LON: PETS) is set to report its preliminary full-year 2024 results on Tuesday, May 29, and with the stock down over 14% this year, investors will be hoping for positive news to boost the share price.

Sam Boughedda
Lawsuit Filed Against Intel

News coming through today indicates that Intel Corporation (NASDAQ INTC) has a potential case to answer, as law firm Bronstein, Gewirtz & Grossman, LLC has initiated a class action lawsuit against the tech giant and certa

Asktraders News Team
South Korean Stocks Rally As KOSPI Approaches 52 Week High

South Korean stocks made a notable rebound today, with the Korea Composite Stock Price Index (KOSPI) climbing 1.32% to close at 2,722.99, reversing the trend of last week. The week ending 24th May had seen the KOSPI fall by 1

Asktraders News Team
What To Expect From Cava Group (NYSE: CAVA) Earnings

The spotlight has been intensifying on Cava Group shares (NYSE: CAVA) in recent months, and with the stock price adding 6.87% on Friday shows no signs of slowing leading in to earnings. This marks another strong week for hold

Asktraders News Team
Intel Continues To Innovate

In a competitive move, global chipmaker Intel Corporation (NASDAQ: INTC) has escalated its innovation pace to stay ahead in the PC processor industry. Last December marked a significant milestone for Intel with the launch of

Asktraders News Team
Looking At 20 Price Target Changes In Workday Stock (NASDAQ: WDAY)

Workday shares (NASDAQ:WDAY) pulled back sharply in price on Friday, with a fall of 15.3% during the trading session putting the stock close to $220, levels not seen in 6 months. This drop came in the wake of the company's fi

Asktraders News Team
Data Centre Demand Spills Over Into Many Areas – Nvidia Continue To Reap Rewards

The data centre industry is poised for continued expansion, with projections suggesting that it will grow from 17 gigawatts (GW) in 2022 to an estimated 35 GW by the end of this decade. This growth is measured in megawatts ra

Asktraders News Team
Domo Shares (NASDAQ: DOMO) Giving Holders A Rollercoaster Ride

Holders of Domo shares (NASDAQ:DOMO) experienced a mini rollercoaster to end last week, after a 13.88% drop following the announcement of their first-quarter earnings was followed by a mini rally.

Asktraders News Team
LON: ABDN – Abrdn CEO Steps Down, Share Price Follows

A significant leadership change at Abrdn was announced today, as the stock price (LON: ABDN) dips 0.96%, compounding losses seen over the past 12 months. Stephen Bird, the chief executive of the investment company, made the d

Asktraders News Team
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