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Nvidia Shares Slide Despite Robust Earnings, But Why?

Nvidia Corporation (NASDAQ: NVDA), a dominant force in the graphics processing unit (GPU) industry, delivered strong earnings, surpassing expectations with a record

Asktraders News Team
Huawei’s User Base Nears the Billion Mark

Huawei reported a big jump in first-half revenue and net profit today, as strong smartphone sales eat into Apple's market share in China. Whilst Huawei itself remai

Asktraders News Team
Affirm (AFRM) A Big Pre-Market Mover As Earnings Call Highlights Future Growth Strategies

Affirm Holdings stock (NASDAQ: AFRM) is a big pre-market gainer, up more than 17% as earnings came in above estimates. This extends the mini rally seen in AFRM's stock price over the past month, where a further 17.6% has been

Asktraders News Team
GSK Shares Rise After European Commission Approves Arexvy Label Expansion

GSK's (LON: GSK) shares are up around 0.7% on Thursday following the announcement that the European Commission has expanded the age indication for its RSV vaccine, Arexvy. [st

Sam Boughedda
Watches of Switzerland Shares: Down 42% This Year – Here’s Why

Watches of Switzerland Group (LON: WOSG) has seen its share price plummet by 42% in 2024. This significant decline is a stark contrast to the buoyant performance of the bro

Sam Boughedda
Starbucks Shares (NASDAQ: SBUX) Perk Up with 31% Gain Over Last Month

Starbucks stock price (NASDAQ: SBUX) has been on a strong upward curve over the past month, posting 31% gains to return green on the year. The coffee giant's stocks reached a high of $98.60 in trading yesterday, gaining 3.1%

Asktraders News Team
South Korean Shares Make Mild Gains As KOSPI Remains Below 2,700

South Korean stocks made a modest recovery on Wednesday, with the benchmark KOSPI Index slightly increasing by 0.02%, breaking a three-session streak of losses. The rebound was modest, but it signalled a positive shift and pu

Asktraders News Team
What To Expect From Foot Locker’s (NYSE: FL) Earnings Today

Foot Locker (NYSE: FL), a New York-based sportswear and footwear retailer, is set to release its second-quarter earnings before the market opens today. We take a quick look at what markets are expecting from FL.

Asktraders News Team
GSK Shares (LON: GSK) Climb After Supreme Court Review

Pharmaceutical giant GSK's share price (LON: GSK) has gained 1.55% this morning as the Delaware Supreme Court accepted the company’s appeal for an interlocutory review

Asktraders News Team
AB Foods: ‘The Primark Margin Recovery Story Has Played Out’

Despite opening lower in Tuesday's session, Associated British Foods (LON: ABF) shares have recovered after the stock was downgraded to Sell from Hold at Deutsche Bank. The

Sam Boughedda
Ryanair Unhappy with Boeing’s Delays

Ryanair Group’s Chief Executive Michael O'Leary has openly expressed his discontent with Boeing's new management amid ongoing delays in the delivery of 737 MAX aircraft. The frustration comes as the airline faces the prospect

Asktraders News Team
New York Times (NYSE: NYT) Price Target Gains Analyst Upgrade, Stock Closing In On 52 Wk High

The New York Times Company (NYSE: NYT) has witnessed a slight increase in its stock price, currently trading at $55.31 on a mild 0.34% gain. This uptick in valuation arrives as Citi, a prominent financial institution, revised

Asktraders News Team
Frasers Group Expands Global Reach with 14.65% Stake in Accent Group

London-listed retail firm Frasers Group (LON: FRAS) has solidified its presence in the Australian and New Zealand markets with a strategic investment in Accent Group Limited, the company announced Wednesday.

Sam Boughedda
Nifty 50 Holds 25,000 Level on Sideways Trading Day in India

After a market session that ended largely back where it began, the Indian equity benchmarks ended out the day very mildly in the green. The S&P BSE Sensex, marked a slight surge of 13.65 points, ending the trading day at

Asktraders News Team
Paysafe’s Stock Price Hits 52 Wk Highs – BofA Upgrade Target But Keep Underperform Rating

Paysafe's stock price (NYSE: PSFE) has been a notable gainer through 2024, adding 73.29%, and trading up at 52 week highs. After hitting $22.38 on the day, PSFE closed out at $21.80, with the mild daily dip bringing 5 day cum

Asktraders News Team
UK Shop Prices Drop, Signaling Easing Inflation

In a surprising shift for the UK retail industry, shop prices have recorded a decline for the first time in nearly three years, a signal that the persistent inflation crisis may be receding. According to recent data, the firs

Asktraders News Team
Uber Making Solid Gains, Stock Price Following Suit (NYSE: UBER)

Uber has been making solid operational gains this year, and the stock price (NYSE: UBER) has responded in suit. With a record 156 million monthly platform customers as of June, Uber is relentlessly advancing into new territor

Asktraders News Team
Exxon’s Crude Expectations Differ Markedly From BP

Exxon Mobil (NYSE: XOM) has set a bold outlook for the global oil demand up to the year 2050, anticipating that demand will continue to exceed 100 million barrels per day (bpd). This projection is notably 25% higher than the

Asktraders News Team
Apple Set for Management Shake-Up

Markets showed signs of stabilisation on Tuesday as Apple Inc. (NASDAQ: AAPL) made headlines with the announcement of a significant change in

Asktraders News Team
KOSPI Dips Today Following U.S Tech Pullback – Do Nvidia Hold The Key?

South Korea's stock market witnessed a dip in trading today, with the KOSPI down 0.32% on the day, and now 2.76% in the red over the past month. Today's pullback comes in sync wit

Asktraders News Team
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