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Pennon Group Revenue Impacted By Lower Demand

Pennon Group (LON: PNN), the parent company of South West Water and SES Water, announced a trading update for the period to 26 September 2024 on Thursday, saying revenue, on a like-for-like basis, has been impacted by lower c

Sam Boughedda
Nifty 50 Closes Above 26,000 Level in Historic Indian Rally

In an impressive show of strength, the Indian equity indices closed at a record high on Wednesday, buoyed by positive sentiment from global markets. The Sensex index surged by 255 points to conclude the trading session at an

Asktraders News Team
Flutter Entertainment Stock Pops On $5bn Buyback News

Flutter Entertainment PLC (LON: FLTR), a leading global sports betting and gaming operator, saw its stock price jump by over 8% on Wednesday following a significant announcement. During its investor day, the company revealed

Asktraders News Team
Cellebrite’s Stock Target Pushed to Street High $23

In a significant revision, Craig-Hallum analyst Jeff Van Rhee has raised the price target of Cellebrite's stock (NASDAQ: CLBT) from $20 to $23 while maintaining a "Buy" rating.

Asktraders News Team
Rio Tinto’s Strategic Lithium Moves Spark Optimism

Mining and metals giant Rio Tinto Group (LON: RIO) has been gaining attention from analysts and investors alike for its strategic investments and projects focused on lithium, a critical component in the production of

Asktraders News Team
Riot Platforms Stock Initiated With Bullish Price Target

Riot Platforms' stock (NASDAQ: RIOT) gained new analyst coverage in the guise of Macquarie, who put RIOT straight in with a $15 price target, and an Outperform rating. With shares currently changing hands for $7.45 in the pre

Asktraders News Team
Tesla’s Stock Target Uplifted at Piper Sandler

Piper Sandler analysts have recently updated their view on Tesla's stock (NASDAQ:TSLA), signalling greater confidence in the electric vehicle (EV) manufacturer's gr

Asktraders News Team
CleanSpark Stock (CLSK) Gains Bullish Analyst Initiation

In a notable development within the financial markets, Macquarie has issued a new coverage on CleanSpark (NASDAQ: CLSK), assigning it an Outperform rating with a promising price target of $20. This represents a significant ge

Asktraders News Team
Antero Midstream Stock (NYSE:AM) Hits 52 Wk Highs Before Taking a Pause

Antero Midstream's stock (NYSE: AM) has achieved a significant milestone as its price hit a new 52-week high during early trading on Tuesday before settling the day mildly down. The shares of the energy company soared to $15.

Asktraders News Team
KOSPI Falls Below 2,600 Level On Flip-Flopping Day

The Korea Composite Stock Price Index (KOSPI) has retreated from some of its early gains, relinquishing the psychologically important 2600 level into the close of trading. This downturn has occurred despite the uplift seen in

Asktraders News Team
FTSE 100 holding firm as China Cuts Rates

In the wake of two consecutive days of gains, the FTSE 100 is fighting to hold momentum on Wednesday. The index started the day lower by almost 0.4% before fighting b

Asktraders News Team
Snowflake In $2B Convertible Notes Move

Snowflake Inc. (NYSE: SNOW), the cloud-based data-warehousing company, has announced plans to offer $2 billion in convertible notes. This strategic financial move has been classified as a move from a position of financial str

Asktraders News Team
Indian State-run Firms Gearing Up for Green Energy IPOs?

As India advances towards its ambitious renewable energy targets, state-run companies NTPC, ONGC, and SJVN are positioning themselves at the forefront of this green transition. In a strategic move to capitalize on the burgeon

Asktraders News Team
Nigeria’s Central Bank Hikes Interest Rate to Tame Inflation

In an unexpected move, the Central Bank of Nigeria has taken a major step to address the country's soaring inflation by raising its benchmark lending rate by 50 basis points to 27.25%. The decision, which was ratified unanimo

Asktraders News Team
Orange Set To Delist from NYSE in Cost Cutting Exercise

French telecommunications giant Orange has announced its intention to delist its American Depositary Shares from the New York Stock Exchange (NYSE). This strategic move is

Asktraders News Team
Redburn Atlantic Downgrades BP, Cuts Shell Price Target Amid Oil Market Weakness

Redburn Atlantic lowered its price targets for Shell (LON: SHEL) and downgraded

Sam Boughedda
Rightmove Rejects Third REA Group Takeover Proposal

Property website giant Rightmove (LON: RMV) has once again rejected a takeover proposal from Australian real estate group REA Group. [stock_market_widget type="chart" template

Sam Boughedda
BAE Systems Dividend Moves Closer

BAE Systems plc (LON:BA.), a prominent player in the defense, aerospace, and security solutions industries, has announced its upcoming dividend payment to shareholders.

Asktraders News Team
MicroStrategy Continues To Add Bitcoin – Stock Price Pushes $150

MicroStrategy is making headlines yet again for its continuous investment in Bitcoin. The firm has recently confirmed the acquisition of an additional 7,420 bitcoins at an approximate cost of $458.2 million.

Asktraders News Team
Alibaba Stock Price Hits New High – Moving Again In PreMarket

Monday marked a significant milestone for Alibaba Group (NYSE:BABA), as the company's share price soared to a new 52-week high, reaching $91.15. This impressive peak comes with a strong trading volume of 17.53million shares a

Asktraders News Team
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