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GM Stock Slips on Morgan Stanley Downgrade, Doubts Over EV Transition

Key points: GM stock dropped 5% on downgrade from Morgan Stanley, price target cut to $55 from $75 Analyst Adam Jonas points to a 'less clear path to realization' The

Ollie Martin - AskTraders News writer
OllieMartin
Snap Stock Plunges 5% on $1.25B Debt Offering, What’s Next For Snap?

Key points: Snap issues $1.25B convertible senior notes offering SNAP stock dropped 5% in the latest move in a volatile week for the company The company might be look

Ollie Martin - AskTraders News writer
OllieMartin
Should You Buy Progenity Stock Despite the Massive Drop in Its Stock Price?

Key points: Progenity stock has fallen 24.9% in 2022 but has 12-month losses of 72.9%. The company has a host of approved patents and is making good progress. PROG sha

Simon Mugo
SOXL Stock Has Plunged 36.2% YTD but Could Have Bottomed. Should You Buy It?

Key points: SOXL stock has plunged 36.2% this year but could have bottomed. The ETF tracks semiconductor firms that have rallied in recent days. SOXL prospects are promisi

Simon Mugo
Harley-Davidson Shares Rally As Earnings, Revenue Beat Estimates

Key points: Harley-Davidson reports fourth quarter earnings Earnings and revenue beat analyst expectations HOG shares rise over 7% in reaction to the results

AskTraders Team
EVgo Stock Gains on Suburu Partnership, But Will Buyers Stick Around?

Key points: Popular EV charging company EVgo enters partnership with Subaru of America Stock has gained arouund 4% since the start of the week, but down 60% year-on-year

Ollie Martin - AskTraders News writer
OllieMartin
Pfizer Stock Falls As Revenue Fails To Beat Analyst Estimates

Key points: Pfizer reports fourth quarter earnings EPS beats expectations but revenue falls short Pfizer shares fall 3% premarket

AskTraders Team
Peloton Share Price Plunges After Appointing New CEO, Chairman Amid Job Cuts

Key points: Peloton shares plunged after announcing plans to cut 2,800 jobs. The company also appointed a new CEO and Executive chairman. Today’s plunge is likely to b

Simon Mugo
Warner Music Group’s Earnings, Revenue Beat Analyst Estimates

Key points: Warner Music Group Reports Earnings and revenue beat analyst expectations Revenue growth was driven by strength in recorded music and music publishing

AskTraders Team
Velodyne Lidar Stock Jumps 87% On Amazon Tie Up – What Next?

Key points: Velodyne Lidar has signed an investment agreement with Amazon Amazon could end up with 20% of the outstanding equity This has obviously boosted Velodyne but wi

Tim Worstall
Tim Worstall
Power Metal Uranium Update At Reitenbach – Early Days Yet

Key points: Power Metal has updated results on the uranium portfolio in Canada The Athabasca Basin prospects include Reitenbach Interesting uranium concentrations have bee

Tim Worstall
Tim Worstall
TUI Shares Fell 5.67% Despite Upbeat Q1 Results; Will They Soar on Pent-Up Demand?

Key points: TUI shares fell 5.67% despite releasing upbeat fiscal Q1 2022 results. The tourism group reported a surge in passenger numbers and sales. The group expects hig

Simon Mugo
Here Is Why Eurasia Mining Shares Surged 10% Higher Today. Will They Keep Rising?

Key points: Eurasia Mining shares surged 10% on updated resource updates. The miner released an update for its Monchetundra project in Russia. The firm’s shares appear att

Simon Mugo
Joules Group Shares Down 75% Since December – Will It Bounce?

Key points: Joules Group is down 75% since they revealed trading problems in December The recent trading update is confirmed by interim results But what next for the retai

Tim Worstall
Tim Worstall
Vodafone Could Sell Out Of UK – A Good Idea?

Key points: Vodafone is under significant activist shareholder pressure This is creating a strategic rethink in the business It’s possible that Vodafone could sell out of

Tim Worstall
Tim Worstall
Spirit Airlines Stock Jumps 15.5% on $2.9B Merger with Frontier

Key points: Spirit Airlines stock soars 15% on merger with Frontier Group Holidays The new ultra-cheap, budget entity hopes to undercut larger traditional airlines Fr

Ollie Martin - AskTraders News writer
OllieMartin
Ford Stock Price Edges Down on Plans to Cut Production, What’s Next?

Key points: Ford announces cut back on production as the global chip shortage continues Bottlenecks are expected throughout 2022, creating a tense environment for manufacturers

Ollie Martin - AskTraders News writer
OllieMartin
Phunware Stock Price Rallied 20% Premarket Today, Here’s Why…

Key points: Phunware announce strategic political partnership with Campaign Nucleus PHUN stock surged 20% premarket, before retracing slightly with the market open Bra

Ollie Martin - AskTraders News writer
OllieMartin
Bitnile Stock Rallies 7.69% Premarket on Upbeat 2021 Revenues, 2022 Forecasts

Key points: Bitnile stock rallied 7.69% premarket on upbeat 2021 revenues. The bitcoin miner’s 2022 revenue estimates also wowed investors. However, its revenues are heavi

Simon Mugo
Bumble Acquire Dating App Fruitz, But Will It Catch Match Group?

Key points: Bumble completed first-ever acquisition of French dating app Fruitz The company is expanding its international footprint, building on the success of Badoo

Ollie Martin - AskTraders News writer
OllieMartin