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Top UK Supermarket Awards Sees Sainsbury’s Win Grocer of the Year

A shift has occurred in the British grocery landscape as Sainsbury's has been named Britain's grocer of the year at the Grocer Gold Awards, marking a significant milestone. For the first time in two decades, Marks & Spenc

Asktraders News Team
FTSE 100 Index Rise as Miners Gain, UK Election Nears

The London stock market witnessed a rebound on Wednesday, with key indices making recoveries led by gains in the metal mining sector. The FTSE 100, the benchmark index for the UK's largest companies, was up by 0.54%, while th

Asktraders News Team
GSK Strikes €1.4 Billion Vaccine Deal with CureVac

GlaxoSmithKline (LON:GSK), the global healthcare company, has announced a significant licensing arrangement with CureVac (NASDAQ: CVAC), an mRNA technology company, to

Asktraders News Team
JD Sports Shares (LON: JD) Gap Down Amid Nike Performance Worries

Retailer JD Sports Fashion share price (LON: JD) saw a drop after Barclays analysts expressed concerns regarding its major supplier, Nike Inc. (NYSE: NKE). The stock gapped down on open this morning, and now trades 2.68% down

Asktraders News Team
U.S Job Openings Exceed Expectations in May

The latest data from the U.S. Bureau of Labor Statistics has revealed that job openings in May soared to 8.14 million, surpassing the expectations set by economists of 7.9 million. This significant rise is an indicator of a p

Asktraders News Team
National Grid Added to JPMorgan Focus List – Share Price (LON: NG.) Continues To Gain

Analysts at US investment bank JPMorgan said the valuation of National Grid (LON: NG.) is currently attractive in a note to clients this week, adding the stock to its Analyst Focus List.

Sam Boughedda
(NASDAQ:AMZN) Amazon Stock Hits Record High Amid Expansion and AI Investments

Amazon's stock price (NASDAQ: AMZN) has rallied recently, taking out new all-time-highs, with a close of $200. With a 1.42% gain on the day supported by 0.4% in the pre-market session, the 2024 return on the stock now stands

Asktraders News Team
Rivian Stock Price (RIVN) Surges Post Strong Q2 Deliveries

Share prices of the electric vehicle manufacturer Rivian Automotive (NASDAQ: RIVN) saw a notable increase on Tuesday, as the company's producti

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Capital A Shares (KLSE: CAPITALA) Add More Than 30% In 3 Months – Expensive Air Travel Here to Stay

Capital A Berhad stock price (KLSE: CAPITALA) has gained more than 30% since mid April, with the rally from 19th now amounting to 33.85%. Having taken a tumble through the first quarter of the year, the rally is more pronounc

Asktraders News Team
Tesla Stock Price (NASDAQ: TSLA) Reversal, +62% In Under 3 Months

The Tesla stock price (NASDAQ: TSLA) had a strong day, ending up a little over 10%. This marks a 62% gain since the close on April 22nd, less than 3 short mon

Asktraders News Team
Sainsbury Shares: ‘There Remains A Lot To Like’ Says Shore Capital

Sainsbury (LON: SBRY) released its first-quarter trading statement on Tuesday. The statement revealed a 4.2% increase in sales year-on-year and a 3% rise in like-for-like sales, prompting positive commentary from at least one

Sam Boughedda
Emerging Markets Close Gap with US Stocks: Time to Diversify?

US stocks maintained their lead in global financial markets, securing the top position in monthly performance charts for the second consecutive month this June. The Vanguard Total Stock Market Index Fund ETF Shares (VTI), rep

Asktraders News Team
Trump Media Stock (NASDAQ: DJT) Up In Pre-Market, Joins Russell 1000 & 3000

Trump Media shares (NASDAQ:DJT) have added 1.3% in the pre-market session, after announcing a significant milestone. It has been selected to join the Russell 1000 and Russell 3000 indexes as part of the 2024 annual reconstitu

Asktraders News Team
Eli Lilly Stock Price (NYSE: LLY) Showing Consistent Gains As Sleep Apnea Treatment Nears

Eli Lilly's stock price (NYSE: LLY) has been on a consistent ascent over the past 12 months, with gains 98% impressively outperforming the markets. The 6 month of 54%, and the 1 month of 10% show a consistent trend in the sto

Asktraders News Team
Robinhood Acquires Pluto Capital – Seeking AI Driven Investment Edge

Robinhood Markets (NASDAQ: HOOD), the popular trading app, announced its acquisition of Pluto Capital, a platform leveraging artificial int

Asktraders News Team
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
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