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National Grid Stock (NG.L) Dives After Cap Cut Adds To Negative Rights Issue Sentiment

Shares of National Grid PLC (LON:NG) are trading down by 9.33% in early trading following a substantial cut to the energy price cap announced by Ofgem, the

Asktraders News Team
Boeing Stock Price (NYSE:BA) Dips Again As Cash Burn Challenges Revealed

Shares of aerospace giant Boeing Co suffered a setback on Thursday following a cautionary statement from Chief Financial Officer Brian West, who signalled that the company is poised for negative cash flow in 2024.

Asktraders News Team
Google Sets Production of Pixel Phones in India – Foxconn Involved

Tech giant Google is shifting gears in its manufacturing strategy by initiating production of its popular Pixel smartphones in In

Asktraders News Team
Intertek Start to 2024 Boosted by Strong Recovery in Consumer Products

Intertek (LON: ITRK) reported a robust start to 2024, with an impressive 7% like-for-like (LFL) revenue growth from January to April. 

Sam Boughedda
Wood Group Rejects Third Acquisition Proposal from Sidara

Wood Group (LON: WG.) announced Friday that it had received a third unsolicited, preliminary and conditional proposal from Dar Al-Handasah Consultants Shair and Partners Holdings Ltd (Sidara) on Tuesday. 

Sam Boughedda
Nvidia Surpasses Revenue Estimates, Announces Stock Split

Nvidia, a leading player in the semiconductor industry has recently announced its intention to split its stock, aiming to make the c

Asktraders News Team
Scottish Mortgage Shares (LON:SMT) Up 2.7% Today, Close To 52 Week Highs

Scottish Mortgage (LON:SMT) saw its shares climb by 2.7% to 893p, approaching 52-week highs on the back of its robust full-year financial results. This uptrend reflects increased investor confidence in the FTSE 100-listed inv

Asktraders News Team
Argentina Targets Top 10 in Global Copper Production As Demand Accelerates

Argentina is eyeing a position among the world's largest copper producers, focusing on exploiting the potential of its Andean region in the north. With the ambition to break into the top 10 global rankings, the country is inv

Asktraders News Team
Tesla To Begin Megapack Factory in Shanghai – Share Price Down Thursday

Tesla shares (TSLA) trade down today, currently 2.27% in the red, despite news that the firm is set to break ground a new factory in China coming through newswires. Holders of NASDAQ: TSLA have had a harder time than most thr

Asktraders News Team
National Grid Share Price (LON:NG) Plunges As Massive UK Rights Issue Announced

National Grid share price (LON:NG) has dipped hard today, down more than 11% following the announcement of a new UK rights issue. The British utility's decision to launch the rights issue comes as part of an ambitious plan to

Asktraders News Team
LON:RIO – Investor Push for Rio Tinto London Exit

Rio Tinto, a leading global mining group, is facing pressure from activist investor Palliser Capital to abandon its primary listing on the London Stock Exchange (where it is listed under

Asktraders News Team
Down 40% YTD, Lululemon’s (LULU) Price Target Slashed More Than 20% At Wedbush

After a start to 2024 to forget with LULU stock price down more than 40%, Lululemon Athletica (NASDAQ:LULU) holders could be forgiven for thinking the worst has already come to pass. Investment firm Wedbush has other ideas, h

Asktraders News Team
DJT Stock: Current Performance and Key Figures

Trump Media & Technology Group Corp. (DJT) has been an interesting stock to follow with the latest share price in the premarket up 1.12%. [stock_market_widget type="card"

Asktraders News Team
Target’s Stock (NYSE: TGT) Tumbles After Earnings Miss – Analyst Reactions

Target Corporation (NYSE: TGT), one of the United States' leading general merchandise retailers, witnessed its stock price gap down from $155.78 to $140.54 before the market opened on Wednesday, following a weaker than expect

Asktraders News Team
Wizz Air Shares Jump After Returning to Profit in 2024 – Demand ‘Remains Robust’

Wizz Air Holdings (LON: WIZZ) shares jumped more than 6% Thursday after announcing a return to profitability for the fiscal year ending March 31, 2024.

Sam Boughedda
Snowflake Shares (NYSE:SNOW) Up In Early Trading After Posting Strong Q1 Performance

Snowflake shares (NYSE: SNOW) are up more than 4% in the after hours trading session, as revenue beat and EPS miss filters through. The increase in SNOW stock price will be well received by holders who have seen -13.63% perf

Asktraders News Team
Hargreaves Lansdown Rejects Takeover Approach From Consortium Including CVC Advisers

London-listed broker Hargreaves Lansdown (LON: HL.) revealed Thursday that it has recently rejected two takeover approaches by a consortium. 

Sam Boughedda
Aviva Reports Strong Growth in Q1

Aviva (LON: AV.) reported solid first-quarter results for 2024, showcasing robust growth across its diversified business model. 

Sam Boughedda
Amazon’s AWS Commits €15.7 Billion Spanish Investment

Amazon has announced a significant investment in Spain, amounting to €15.7 billion (about $17 billion), to expand its cloud computing infrastructure through its subsidiary, AWS (Amazon Web Services). This substantial injectio

Asktraders News Team
Royal Bank of Canada Reaffirms Compass Group’s (CPG) Share Price Target

Compass Group shares (LON:CPG) have been trading within a range over the past 12 months, with -0.17% over the period giving an indication of the firm being back where it started last year, but with the stock coming off 52 wee

Asktraders News Team
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