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Vietnam Data Centres Set For Change – Big Tech Looking On

Vietnam's data center market is witnessing a significant shift with the implementation of a new law on telecommunications that removes foreign ownership restrictions for data and cloud providers. As of the latest developments

Asktraders News Team
Funds Continue to Short Ocado Shares – Here’s why

Ocado (LON: OCDO) shares have rallied more than 24% in the last week, but the online grocery giant remains a contentious stock among investors, with several firms going short.

Sam Boughedda
Kingfisher Shares: Bullish or Bearish?

Kingfisher plc (LON: KGF), the parent company of B&Q and Screwfix, is subject to a mix of analyst views. While one camp sees the home improvement giant as a promising investment, others are taking a more cautious stance.

Sam Boughedda
Dominion Energy Stock (NYSE: D) Up 2.75% – Exploring SMR Technology

Dominion Energy stock (NYSE: D) is pushing higher today, up 2.75% through the early part of the trading session. The firm, a leading US provider of electricity and natural gas, announced on Wednesday that it has issued a Requ

Asktraders News Team
Will The New UK IPO Rules Impact London Listings?

The United Kingdom's Financial Conduct Authority (FCA) has announced a comprehensive overhaul of listing rules aimed at making London a more competitive destination for initial public offerings (IPOs). In the latest bid to dr

Asktraders News Team
Fresh Off 52 Wk Lows, McDonald’s (NYSE: MCD) Receives Updated $300 Target

McDonald's stock (NYSE: MCD) has experienced a recent shift in its price outlook from Truist Financial, who adjusted their price target from $320.00 to $300.00. Despite the decreased target, the firm maintains a buy rating on

Asktraders News Team
Microsoft’s Stock Gains Further Price Target Increases

Microsoft stock price (NASDAQ: MSFT) has pushed on bullishly over the past 12 months, continuing to set new all time highs at a pace. Even with 40% gains u

Asktraders News Team
Up 12% In 5 Days, AMD Stock Rises with Acquisition of Silo AI

Advanced Micro Devices, Inc. (AMD), a global leader in the semiconductor industry, has reached an agreement to acquire Silo AI, the largest private

Asktraders News Team
Torex Gold Stock (TSE: TXG) Sees Price Target Uplift, Hits New 52 Wk Highs

CIBC analyst Bryce Adams has recently adjusted the firm's outlook on Torex Gold Resources stock (TSE: TXG), raising the price target from C$23 to C$26 while maintaining a Neutral stance on the company's shares. The new price

Asktraders News Team
TSM’s Stock Price Up Big YTD – 3.5% Daily Gains As Revenue Soars on AI and Data Center Investment

Taiwan Semiconductor Manufacturing Company stock price (NYSE:TSM), a leading chipmaker, experienced a rise following its announcement of substantial sales growth in the second quarter. 3.54% gains on the day yesterday brings

Asktraders News Team
Uniper’s Share Price Target (UN0.DE) Lowered to EUR 36 at UBS

In a recent move by UBS analyst Sam Arie, Uniper SE's price target was reduced to EUR 36 from EUR 38, while maintaining a Sell rating on the stock. Uniper SE, trading on the XETRA under the ticker symbol UN0, is seeing its sh

Asktraders News Team
FTSE 100 Index Showing Resilience

The FTSE 100 index has seen a notable start to 2024, striking record highs in May and demonstrating a resilience that outpaces its performance from the previous year. Desp

Asktraders News Team
Next Share Rating Boosted at Citi on Positive Consumer Environment

Next plc (LON: NXT) shares gained more than 2% in Wednesday's session after positive commentary and a re-rating from an analyst at one investment bank.

Sam Boughedda
British Airways Owner IAG’s Shares Jump – Here’s Why

IAG (LON: IAG) shares rose around 3% on Wednesday, fueled by a double-upgrade from Morgan Stanley. Analyst Conor Dwyer upgraded the stock from Underweight to Overweight, citing a more positive outlook on pricing and capacity

Sam Boughedda
SKF AB (STO: SKF-B) Sees Price Target Cut by Citi, Neutral Rating Holds

Citi analyst Klas Bergelind has revised the firm's price target on SKF AB shares (STO: SKF-B), taking it down to SEK 221 from the previous SEK 249. Despite the lowered price target, Citi maintains a Neutral rating on the shar

Asktraders News Team
Barclays Bullish on Smurfit Westrock Stock (NYSE: SW), Sets $60 Target

Smurfit Westrock stock (NYSE: SW) has drawn the attention of Barclays analysts, who initiate coverage with an Overweight rating and a $60 price target. SW shares are currently trading at $44.85, largely unchanged on the day

Asktraders News Team
Booking Holdings Price Target (NYSE: BKNG) Gains Analyst Boost

Booking Holdings stock (NYSE: BKNG), a prominent player in the travel services industry, has seen its price target raised from $4,285 to $4,580 by Tigress Financial. The f

Asktraders News Team
Begbies Traynor Shares (LON:BEG) Gain Bullish Note With Price Target Cut

Canaccord has revised its price target for Begbies Traynor shares (LON:BEG), marking a reduction from 175p down to 158p. Despite the lowered price target, the firm continues to see a promising outlook for the company, maintai

Asktraders News Team
JetBlue Stock Price (NASDAQ: JBLU) Faces Turbulent Flight Towards Recovery After 38% Dip

JetBlue Airways stock (NASDAQ: JBLU) continues to navigate through some turbulent times, with a 2.9% dip yesterday bringing 12 month declines to 38%. Despite a recent boost from investing heavyweight Carl Icahn, who acquired

Asktraders News Team
Oracle Integrates Palantir AI to Boost Cloud Services

Oracle Corporation (NYSE: ORCL) has enhanced its tech portfolio by integrating Palantir Technologies Inc.'s sophisticated artificial intell

Asktraders News Team
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