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Cineworld Negotiates Closure of UK Cinemas

Cineworld, the second-largest cinema chain globally, has initiated discussions with some of Britain's major commercial landlords over plans to potentially close up to a quarter of its cinema locations across the UK. This dras

Asktraders News Team
Adidas Shares (ADS.DE) Trending in The Right Direction After Solid Q2 Results

Adidas reported positive preliminary results for the second quarter of 2024 after the close on Tuesday, exceeding expectations and raising its full-year guidance. The posit

Sam Boughedda
Tesla Earnings: After 3 Consecutive Misses, What Can We Expect?

As Tesla is poised to release its second-quarter earnings report on July 23, markets are intently focused on the electric vehicle maker’s financial health and future prospects.

Asktraders News Team
Netflix Stock Price Up 40% YTD, Analyst Target Rises to $780 In Advance Of Earnings

Netflix stock price (NASDAQ: NFLX) has been on a steady ascent through 2024, with 40% marking out the company as an outperformer on the index. If you were wondering how high NFLX can go from here, rest assured that analysts k

Asktraders News Team
Glencore Shares: Analyst Sees ‘Significant Inflection in Shareholder Returns’

Glencore (LON: GLEN) shares were upgraded by analysts at Barclays in a note this week, citing a potential inflection point in shareholder returns.

Sam Boughedda
Penske Automotive Stock (NYSE: PAG) Moves Green YTD with Bill Brown Ford Purchase

Penske Automotive Group stock (NYSE: PAG) is up 3.54%, close to $161 on a strong day. Having previously been red YTD before today's action, why is PAG up? The bullish senti

Asktraders News Team
Will Apple’s AI Innovation Outperform Alphabet Over The Next Year?

In the ever-evolving world of technology, major players continue to battle for supremacy. Recently, Apple (NASDAQ: AAPL) stepped u

Asktraders News Team
BlackRock AUM Hits $10.6 Trillion in Assets

BlackRock (NYSE: BLK), the world's premier asset management firm, has reported an unparalleled increase in its assets under management (AUM), which reached a record $10.6 trillion in the second quarter of 2024.

Asktraders News Team
Fresh from new ATH’s, Is Eli Lilly Stock (LLY) Fair Value?

Markets often look towards the options market as a barometer of sentiment towards particular stocks. Recently, the activities surrounding Eli Lilly and Co (NYSE:LLY) have indicated a set of mixed emotions from those with sign

Asktraders News Team
SoFi Stock (NASDAQ: SOFI) A Pre-Market Gainer | Do 1 Month Gains Indicate a Momentum Shift?

Despite the tech sector's magnetic appeal, investors looking beyond the buzz may find promising growth potential in fintech stocks, such as SoFi Technologies (NASDAQ: SOFI). Over the past 12 months, SoFi’s performance has lag

Asktraders News Team
Tesla Stock (NASDAQ: TSLA) Continues The Ascent, Pre-Market Riser

Tesla stock price (NASDAQ: TSLA) trades up 1.27% in the premarket after monthly gains of almost 35% shift the tide of momentum. An

Asktraders News Team
B&M Shares (LON: BME) Up Strongly As Q1 Revenue Rises

B&M European Value Retail (LON: BME) reported a solid start to its financial year on Tuesday, with group revenues increasing by 2.4% in the first quarter to £1.345 billion. The BME share price has been steadily climbing t

Sam Boughedda
Euro 2024 Fuels UK Supermarket Surge – TSCO, SBRY Market Share Grows

In an impressive show of resilience, UK supermarkets have experienced a resurgence in sales over the past month, marked by a 2.2% increase in the four weeks leading up to July 7th. This growth phase coincides with the much-an

Asktraders News Team
Phoenix Group Share Price (LON: PHNX) Goes Green YTD | Is Sentiment Shifting In Big Dividend Payer?

Investors looking for dividends might want to pay attention to Phoenix Group (LON: PHNX), a notable performer in the FTSE 100 in

Asktraders News Team
Intel’s Q2 Forecast To Be Dampened by Huawei Ban?

Intel Corporation (NASDAQ: INTC), the multinational technology giant, is potentially facing a revenue and earnings hit as it approaches its second-quarter financial results release on August 1st. Wells Fargo has recently lowe

Asktraders News Team
Ocado Revenue Rises But Analyst Says Company Needs to ‘Seriously Consider Its Options’

Ocado Group (LON: OCDO) reported "strong financial progress," with revenue increasing 12.6% to £1.5 billion in the first half of the year (for the 26 weeks ended 2 June 2024).

Sam Boughedda
DJIA Index Hits ATH’s As Russell 2000 Takes 52 Wk Highs – The Rotation Continues

US markets saw a notable surge to start the week, with the Dow Jones Industrial Average index hitting another all time high as bullish sentiment continues. The blue-chip index soared to a new record, closing at an astonishing

Asktraders News Team
BATS Earnings Preview (LON: BATS) – Are Revenue and Profit Both Set To Dip?

With the British American Tobacco share price (LON: BATS) battling to return into positive territory over the past 12 months (-1.57%), the 6.5% gains through 2024 have certainly given holders something to cling to. The next c

Asktraders News Team
Lloyds Bank Shares (LON: LLOY) Continue To Outperform

Shares of Lloyds Banking Group (LON: LLOY) have demonstrated significant growth in the past year, with a 22.3% increase year to date and an impressive 31.1% ris

Asktraders News Team
Prudential’s Share Price (LON: PRU) Shed 16% YTD, Near 12-Year Low As Profits Climb

Investors hunting for undervalued stocks in the FTSE 100 might find Prudential PLC shares (LON: PRU) an interesting case, trading down at 716.4. This marks their weakest performance since 2012, highlighting a significant pote

Asktraders News Team
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