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Wolfspeed’s Stock Volatility Continues Pre-Market : What is The Latest

Wolfspeed Inc. (NYSE: WOLF), the Durham-based silicon carbide semiconductor manufacturer, is facing its most perilous chapter yet as numerous reports swirl of an imminent bankruptcy filing. Once a darling of the chip industry

Asktraders News Team
Sainsbury’s Shares: Recent Outperformance Limits Near-Term Upside

The recent strong share price performance from Sainsbury’s (LON: SBRY) limits the stock’s near-term upside opportunities. 

Sam Boughedda
Apple’s Stock Underperforming, OpenAI Acquisition Poses The Latest Threat

Apple is facing a pivotal moment in its storied history, as the competitive landscape in consumer technology and artificial intelligence (AI) undergoes a seismic shift. The most recent threat; OpenAI’s headline-making $6.5 bi

Asktraders News Team
Games Workshop Shares Slide Despite Record-Level Licensing Revenues

Games Workshop (LON: GAW) shares declined more than 3% on Friday despite the Warhammer maker posting record licensing revenues and strong profit growth in its latest full-year trading update.

Sam Boughedda
Intuit’s Stock (NASDAQ: INTU) To Open at New Highs, Beat and Raise Boosts Sentiment

Intuit's stock (NASDAQ: INTU) looks set to open today at new all-time-highs after a positive earnings print, and improved outlook. INTU is a notable extended hours mover, gaining 7.96% on the session to sit at $719.10, puttin

Asktraders News Team
PDD Shares (NASDAQ: PDD) Rallying Into Earnings, Analysts Split on Prospects

PDD Holdings stock (NASDAQ: PDD) is rallying into earnings, gaining 3.1% in yesterday's session, and an impressive 19.29% over the past month of trading. The c

Asktraders News Team
Jet2 Shares (LSE: JET2) Hit New High Before Tailing off Into Close

Jet2 shares (LSE:JET2) have hit a new 52 week high of 1,792p today, before fading into the close, down 0.56% into the closing minutes of the day. Despite posting a market cap of £3.8billion, the fact that the shares are list

Asktraders News Team
Snowflake’s Set To Open at New High – Analysts Raise Stock PTs on Earnings Beat

Snowflake's stock (NYSE: SNOW) are currently rallying pre-market, up 9.54% at $196.20. This would mark a new high for Snowflake, with the previous level of $194.40 firmly under threat on the back of solid earnings.

Asktraders News Team
Walmart’s Stock Meeting Resistance, Firm Poised to Cut 1,500 Jobs

Walmart Inc. (NYSE: WMT) is planning significant changes to its corporate structure, including the elimination of approximately 1,500 corporate jobs. This decision is part of a broader restructuring strategy intended to simpl

Asktraders News Team
Johnson Matthey to Sell Catalyst Technologies Unit to Honeywell for £1.8bn

Johnson Matthey (LON: JMAT) said Thursday that it has agreed to sell its Catalyst Technologies business to US industrial group Honeywell International for £1.8 billion, as part of a strategic pivot to streamline operations an

Sam Boughedda
HSBC Shares Underperforming Sector Peers – Reviewing Performance Metrics

HSBC Holdings plc (LON: HSBA), a leading global banking organisation, has announced a new policy that will incorporate office attendance as a component of its annual employee performance reviews. The move emphasises the impor

Asktraders News Team
EasyJet Shares Drop Despite Solid Outlook

easyJet (LON: EZJ) shares fell by over 5% at the start of Thursday’s session despite the airline reaffirming its positive outlook for the full year.  The carrier repor

Sam Boughedda
Marks & Spencer Share Rating Lifted to Buy as Cyber Attack Provokes ‘More Normalised Positioning’

Jefferies raised its rating for Marks & Spencer (LON: MKS) to Buy from Hold in a note to clients this week. The firm told investors that the recent cyberattack has led

Sam Boughedda
Transcat’s Stock (TRNS) Takes a Breath, as Analyst Upgrades PT

Transcat's stock (NASDAQ: TRNS) is trading down 3.6% today, despite C. Wainwright upgrading its outlook, and raising the firm's price target. Amid broader macroeconomic uncertainty, the company's fiscal Q4 results have prompt

Asktraders News Team
Fortnite Returns to Apple’s App Store After Nearly Five Years

Epic Games has announced the return of its popular game, Fortnite, to Apple's App Store in the United States. This marks the end of a significant period during which the game was banned from the platform. The return comes aft

Asktraders News Team
Snowflake Earnings on Deck – What To Expect (NYSE: SNOW)

Snowflake Inc. (NYSE: SNOW), the cloud-based data warehousing and analytics powerhouse, is set to release its Q1 fiscal 2026 earnings after the market closes today on the back of a recent rally. With the stock trading at $183

Asktraders News Team
AMD Retains ZT Systems’ Engineering Team, Sells Manufacturing Operations

Advanced Micro Devices' stock (AMD) is trading up 1.71% through the early part of trading. Despite rallying strongly over the past month (+34.94%), AMD's stock remains 30% down over the past year, and a long way from highs.

Asktraders News Team
KOSPI Index Moves Up, as Leading Shares Decline

The Korean Stock Price Index (KOSPI) today staged a notable recovery, closing at 2625.58 points, for a 0.91% increase on the day. The upturn in the KOSPI

Asktraders News Team
Alphabet Kicks Off Google I/O with AI Announcements as Stock Continues to Underperform

Alphabet Inc. recently unveiled a series of significant artificial intel

Asktraders News Team
GBP/USD Hits 3-Year High as Inflation Increases

The UK pound his risen to its highest level in three years against the USD, boosted in part by UK consumer inflation data that exceeded forecasts. According to the Office for National Statistics, inflation increased to 3.5% i

Asktraders News Team
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