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Apple Sees Significant Rise in China Smartphone Shipments

Apple (NASDAQ:AAPL), the tech giant known for its iPhones, has achieved a near 40% surge in smartphone shipments in China during May of this year compared to the same month in the previous year. The substantial increase point

Asktraders News Team
Why are Anglo American Shares (LON: AAL) Down?

Shares in mining giant Anglo American (LON: AAL) experienced a notable decline on Monday, moving in to today's session with a total drop of almost 5%. A fire outbreak at the company's Grosvenor coal mine in Queensland, Austra

Asktraders News Team
Air France Shares (EPA: AF) Down 40% YTD. Barclays Downgrade & Drop Price Target In Further Hit To Holders

Air France shares (EPA: AF) have fallen by more than 12% over the last 5 trading days, bringing the year-to-date decline to a total of 40%. Beleaguered holders of Air France KLM stock will not have woken in delight to a downg

Asktraders News Team
Coinbase Stock Price Finds New Support (NASDAQ: COIN)

Coinbase stock price (NASDAQ: COIN) has now added 190% over the past 12 months, trading in a range not seen for 30 months. Some 2 and a half years passed since COIN traded comfortably above $200, but the level now seems to be

Asktraders News Team
Snowflake Stock (NYSE: SNOW) Price Target Reaffirmed By Goldman & Added To Top List

The Goldman Sachs Group has recently reiterated their buy rating on shares of Snowflake (NYSE: SNOW) with a price target of $220.00 reflecting more than 50% upside potential from the latest close ($142.77). This endorsement c

Asktraders News Team
Wizz Air Shares Fall As June Passenger Numbers Edge Lower YoY

Shares of low-cost airline Wizz Air (LON: WIZZ) dipped more than 2% at the start of Tuesday's session after the company revealed its passenger numbers fell in June. Wizz Ai

Sam Boughedda
Sainsbury Shares Slide Despite Q1 Sales Growth

Sainsbury's (LON: SBRY) shares fell over 1% at the open on Tuesday following its first-quarter trading statement. The supermarket giant reported sales growth in the quarter, driven by continued momentum in its grocery busines

Sam Boughedda
L’Oreal Modifies Outlook on Global Beauty Growth

After a difficult start to 2024 for L'Oreal stocks, (EPA: OR) today marks an up day, with 1.1% gains so far. With a YTD drop of 6.6% still sitting heavy on holders, we need to understand why the price dip?

Asktraders News Team
Boeing (NYSE: BA) Confirm Spirit AeroSystems (SPR) Acquisition

In a significant move in the aerospace industry, Boeing (NYSE: BA), the American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, and telecommunications equipment, ha

Asktraders News Team
Micron Shares (NASDAQ: MU) Retreat Despite Positive Outlook

Micron stock price trades down 1% in the pre-market session today, as the drop seen over the past week or two looks set to continue as the new week kicks off. Shares of Micron Technology (NASDAQ: MU) have recently experienced

Asktraders News Team
Amazon Pay India Gets Fresh Funding

In a move to strengthen its position in India's rapidly growing digital payment sector, Amazon has infused Rs 600 crore (approximately $72 million) into its payment service, Amazon Pay India. This investment is aimed at boost

Asktraders News Team
Why Was Hims & Hers Stock (NYSE: HIMS) Down Last Week?

Hims & Hers Health stock price (NYSE: HIMS) reversed recent sentiment over the past week, shedding 8.85%. Despite this pullback, the stock has added more than 100% through 2024 so far, as the bulls have remained firmly in

Asktraders News Team
Three Dividend ETFs Worth Considering for Passive Income

The amount of capital flowing in to ETFs has picked up pace in recent years, with a whole range of different assets and specialisms. US mutual funds and ETFs saw an inflow of $58 billion in in May, and the choice available is

Asktraders News Team
InterContinental Hotels Group (IHG) Shares Expected to ‘Drift’ Until Catalyst Next Year

The InterContinental Hotels Group (LON: IHG) share price target was cut to 8,300p from 8,400p by analysts at Jefferies in a recent research note, with the firm saying it expects the company's shares to wander aimlessly until

Sam Boughedda
The FTSE 100 Rises, UK House Prices Climb

The FTSE 100 started the week very strongly on Monday, July 1, 2024, with the index rising 0.73% to 8,223.65 just after the opening bell. On Friday, London’s blue-chip index declined 0.19%, falling 15.6 points lower to 8164.1

Sam Boughedda
When can we expect the Databricks IPO?

A Databricks IPO has been on radars for years, but the big data and artificial intelligence (AI) firm has continued to hold off listing. Now standing as one of the most valuable pre-IPO technology companies with a $43 billion

Asktraders News Team
Walgreens Stock (NASDAQ: WBA) Plummets After Earnings Miss – Down 50% YTD

Walgreens Boots Alliance stock (NASDAQ:WBA) experienced a significant shakeup , as shares tumbled 22% on Thursday, hitting lows not seen in decades. This dramatic drop came on the heels of the pharmacy retail chain's earnings

Asktraders News Team
Cirrus Logic Stock (NASDAQ: CRUS) Hits New ATH’s After 61% Gain

Cirrus Logic stocks (NASDAQ: CRUS) have experienced a strong rally over the past 12 months, adding 61% as investor confidence strengthens. The semiconductor name's impressive performance and bullish sentiment from Wall Street

Asktraders News Team
Cava Stock (NYSE: CAVA) – 1 Year Anniversary Gone, And A Double Up, Is It Still A Buy?

Fresh off it's 1 year IPO anniversary, the Cava stock price (NYSE: CAVA) has seen an impressive leap, more than doubling in value. With 140% gains under the belt since June 16th 2023, the question remains as to whether CAVA

Asktraders News Team
UK Economy Surpasses Growth Expectations

In an encouraging development for the UK, recent official figures have revealed that the economy experienced stronger growth than initially estimated in the first quarter of the year.

Asktraders News Team
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