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Wall Street’s Has Mixed Day Ahead of Fed Rate Decision

On Tuesday, Wall Street closed with mixed results as investors were in a holding pattern ahead of the highly anticipated Federal Reserve's decision on interest rates, which is set to be announced on Wednesday.

Asktraders News Team
Zegona Share Price Target Upgraded at Barclays

Barclays has recently revised its outlook on the telecommunications investment company Zegona Communications (LON: ZEG), significantly increasing its price target from £3.50 to £6.00, while maintaining an Overweight rating on

Asktraders News Team
Microsoft Announces $60 Billion Buyback

Microsoft Corp (NASDAQ: MSFT) has announced a massive $60 billion share buyback plan, alongside a hike in its quarterly dividend by 10%. The move came as a surprise

Asktraders News Team
TT Electronics Share Price Targets Cut Following Trading Update

Electronic solutions engineering and manufacturing firm TT Electronics (LON: TTG) saw its share price targets significantly reduced by analysts following a disappointing trading update this week.

Sam Boughedda
Vodafone Making Strategic Moves Amid Operational Headwinds

Vodafone Group (LON: VOD), the British multinational telecommunications giant, is currently steering through a phase of operational challenges and strategic reshaping. The company has undertaken recent strategic moves includi

Asktraders News Team
Legal & General to Sell Cala Group for £1.35bn

Legal & General Group (LON: LGEN) announced Wednesday that it has agreed to sell its UK house builder, Cala Group, to a consortium led by Sixth Street Partners and Patron Capital for an enterprise value of £1.35 billion.

Sam Boughedda
Ramaco Resources Price Target Cut Amid Coal Market Weakness

Investment firm B. Riley has adjusted its price target for Ramaco Resources Inc. (NASDAQ: METC) from $19 to $18, maintaining a Buy rating on the stock. This revision comes in response to declining coal prices, with the Benchm

Asktraders News Team
Tesco Shares: Citi Raises Price Target Following Kantar Data

Citi analysts raised their price target for Tesco (LON: TSCO) following the release of the latest UK Kantar grocery market data. [stock_market_widget type="chart" template="li

Sam Boughedda
THG Shares Rise as Revenue Increases, Weighs Ingenuity Demerger

Consumer brands group THG (LON: THG) has seen its shares rise by more than 6% at the open on Tuesday following the release of its interim results for the half-year ended 30 June 2024.

Sam Boughedda
Down 15% This Year, Could Abrdn Shares Be Set For A Comeback?

The financial market is often a rollercoaster of ups and downs, and abrdn (LON: ABDN), a notable FTSE 250-listed company born out of the merger between Standard Life and Aberdeen Asset Management, has certainly experienced it

Asktraders News Team
Is Tesla Close To a Breakout?

Markets are watching Tesla's stock price (NASDAQ: TSLA), with some potential signs of a breakout being looked at for the EV juggernaut. The company's stock is curre

Asktraders News Team
Boeing’s Union Strike Intensifies Cash Flow Concerns

Boeing's stock (NYSE: BA) looks to start the week off on a positive, with the early price in pre-market up 0.49% at $157.54 after another difficult week for the firm as the bears rallied behind a strike. With new 52 week lows

Asktraders News Team
Disney and DirecTV Resolve Carriage Dispute

After a tense two-week blackout, Walt Disney Co. (NYSE: DIS) and DirecTV have successfully reached an agreement in principle to restore the broadcasting of popular channels, including ESPN and ABC, to millions of DirecTV subs

Asktraders News Team
AstraZeneca Cut to Sell as Analyst Sees Challenging Risk/Reward

AstraZeneca (LON: AZN) shares fell sharply on Friday after a downgrade by analysts at Deutsche Bank. While the stock opened higher on Monday, currently up 0.95%, it hit its lowest level in over a month last week.

Sam Boughedda
FTSE 100 Edges Lower Ahead of Fed, BoE Rate Decisions This Week

The FTSE 100 and European equities have started the week beginning Monday, September 16 2024, on the back foot, with the London index sliding around 0.25%  shortly after the open. On Friday, the FTSE 100 gained approximately

Sam Boughedda
Fresnillo Leads the FTSE 100 Amid Soaring Gold Prices

In a notable shift in the financial landscape, London's FTSE 100 index observed a marginal uptrend, marking a 0.46% gain to stand at 8,279 during today's afternoon tr

Asktraders News Team
Wynn Resorts Stock Price Target Cut (NASDAQ: WYNN) But Analyst Remains Bullish

Wynn Resorts stock price (NMS: WYNN) has fallen 19.39% through 2024, sitting at $76.26 and losing a little more in the pre-market as analysts adjust to the current financials. Recently hitting the wires is a reduction in the

Asktraders News Team
IMRX Stock Up Big As Immuneering’s Pancreatic Cancer Drug Shows Promise

Immuneering Corporation (NASDAQ:IMRX), a biotechnology firm focused on developing targeted cancer therapies, has seen its share prices surge following the release of promising response data. The data come from a clinical tria

Asktraders News Team
Vodafone Three Deal Under Scrutiny From CMA In UK

The United Kingdom's marketplace for mobile services could face significant changes if Vodafone and Three UK, two of the nation's leading mobile network operators, proceed with their planned merger. However, this major consol

Asktraders News Team
Instil Bio’s Stock Price Target (NASDAQ: TIL) Get’s A Big Uplift From Baird

Instil Bio's stock (NASDAQ: TIL) is coming off a day where the price surged by a staggering 56.69% in trading, but the pre-market action shows no sign of slowing down. Instil Bio has gained a further 11.92% in the early sessi

Asktraders News Team
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