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Broadcom Provides Tech Boost as Stock Jumps on Earnings Beat and Raise

After what had been a difficult day for tech, and markets on the whole, Broadcom released earnings that indicate there could be further room in the AI trade after all with a beat on top and bottom lines. The Nasdaq 100 fell 2

Asktraders News Team
BigBear.ai Stock A Big Pre-Market Mover as Earnings Come in Short

BigBear.ai's stock (NYSE: BBAI) is a big extended hours mover on the NYSE, down 14% through the pre-market, as earnings missed the mark. The company, an AI-powered decision

Asktraders News Team
MongoDB Stock Price Plunges To 52 Week Low on Missed Guidance, Analysts Cut

MongoDB's stock (NASDAQ: MDB) took a dramatic drop in trading post earnings, down 26.94% on the day, and hitting new 52 week lows in the process. Whilst EPS came in as a big upside surprise, with a $1.28 reported against the

Asktraders News Team
Pearson Continues to Execute Well, Analyst Remains Bullish

Goldman Sachs reiterated its Buy rating on Pearson (LON: PSON) following the company’s full-year 2024 results, citing strong capital allocation and solid execution of its strategic priorities.

Sam Boughedda
Just Group Shares Drop Despite Exceeding Profit Target

Just Group (LON: JUST) shares dropped over 15% on Friday despite the company reporting a 34% rise in underlying operating profit for 2024, significantly exceeding its five-year target in just three years.

Sam Boughedda
Greggs Shares (LON: GRG) See’s Analysts Cut Price Targets

Greggs shares (LON: GRG) have seen a shift in sentiment from the analyst community in recent days, with three major firms lowering their price target on the stock. With the share price having fallen by 37.50% year-to-date, t

Asktraders News Team
Rigetti Stock Rebounds, Analyst Raises After Earnings Dip

Rigetti Computing stock (NASDAQ: RGTI) has had a volatile 24 hours, rallying into yesterday's close, dropping more than 10% in extended hours, and at one point trading up 10% before we enter the final few hours of trading. Ho

Asktraders News Team
Informa Shares Drop as Financials Fail To Ignite Bulls

Informa shares (LON: INF) have responded negatively to the latest financial results, falling 2.24% through the early hours of trading. The company reported impressive financial results for 2024, but it has not been enough to

Asktraders News Team
Melrose Industries Shares Give Up Some Gains as Early Year Rally Takes Breath

Despite improved numbers across the board, Melrose Industries' share price (LON: MRO) has fallen sharply on the latest financial results, down 9.9% through the early hours of trading as markets reacted to a missed sales numbe

Asktraders News Team
Coca-Cola EP Stock (NASDAQ: CCEP) Price Target Raised After Strong Start To Year

In a recent note from Barclays, the investment firm has increased its price target for Coca-Cola Europacific Partners (NASDAQ: CCEP) from $92 to $98, retaining an Overweight rating on the stock. This target adjustment reflect

Asktraders News Team
Haleon Shares: Is The Upside Capped After 25% Move in the Last 12 Months?

Haleon (LON: HLN) shares have rallied nearly 25% over the past year, prompting HSBC to downgrade the stock from Buy to Hold in a note this week, citing limited further upside.

Sam Boughedda
Kenmare Resources Shares Surge After Confirming Takeover Proposal From Oryx Global Partners

The share price of Kenmare Resources (LON: KMR) surged on Wednesday after the company confirmed it had received a takeover proposal from Oryx Global Partners and its former managing director, Michael Carvill.

Sam Boughedda
FTSE 100 Stutters Into Close – Index Holds 8750 Level With Banks’ Support

London's FTSE 100 index stuttered into the close today, falling by a marginal 0.04% to end at 8,755.84. Having begun the day trading up 0.8% in the early part of the

Asktraders News Team
Sensex and Nifty 50 Rise as Indices Find Some Support

The Indian stock market observed a notable recovery on Wednesday as both the Sensex and Nifty 50 index

Asktraders News Team
KOSPI Reverses Downtrend, Bounce off Support as SK Hynix Shines

The KOSPI index experienced a strong 1.16% gain today, reversing a trend that had seen the index fall in six out of the previous seven days. The daily tu

Asktraders News Team
Flutter Entertainment Launches $300 Million Share Buyback

Flutter's stock (NYSE: FLUT) has moved up 0.33% in early trading today, as the company released a buyback update. The company, a leading name in the world of online sports betting and iGaming, has unveiled a significant shar

Asktraders News Team
Sea Limited Price Target (NYSE: SE) Raised, Remains Below Current Level

TD Cowen analyst John Blackledge has raised the firm's price target on Sea Limited (NYSE: SE) to $120 from $110, maintaining a Hold rating on the shares after reviewing the company's Q4 results. The positive adjustment reflec

Asktraders News Team
CrowdStrike Stock Price Down Big as Guidance Bites Again

CrowdStrike beat firmly on both top and bottom lines in earnings, continuing a run that stretches back multiple years. An EPS of $1.03 (expected $0.86), and revenue of $1.06billion ($1.03B expected) were not enough to continu

Asktraders News Team
Breedon Group Announces Lionmark Acquisition

Breedon Group (LON: BREE) announced the acquisition of Missouri-based Lionmark Construction Companies for $238 million (£187 million) on Wednesday. [stock_market_widget type="

Sam Boughedda
Balfour Beatty Shares Slide as CEO to Step Down

Balfour Beatty (LON: BBY) shares fell on Wednesday after the infrastructure group announced Chief Executive Leo Quinn will step down later this year after more than a decade in the role.

Sam Boughedda
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