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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
A Labour Party Win Not Seen as GBP Negative, Says Mizuho

Analysts at Mizuho suggest that a Labour Party victory in the upcoming UK election would not adversely impact the British pound (GBP). The investment firm argued, in a note

Sam Boughedda
Ryanair Earnings Growth to Slow – Goldman Sachs

Goldman Sachs analysts foresee a slowdown in Ryanair's (NASDAQ: RYAAY) earnings growth, citing a more challenging business environment in a note to clients Thursday. Accord

Sam Boughedda
JPY Continues To Drop Against USD – Market Concerned By History

The Japanese yen's recent plunge, with exchange rates soaring past 160 yen to the US dollar, has markets and investors recalling historic financial events. The yen's weakness is not merely a point of nostalgia for leg warmer

Asktraders News Team
H&M Shares (STOK: HM-B) Gap Down As Firm Expects Turbulent Sales Period Ahead

H&M shares (STO: HM-B) have taken a remarkable one day turnaround, with the 52 week highs achieved yesterday already long gone. After closing at 194.65 SEK, the stock price gapped down this morning, opening at 171. Despit

Asktraders News Team
Amazon Stock (NASDAQ: AMZN) Hits Fresh All Time High, Joins $2 Trillion Club

Amazon stock (NASDAQ: AMZN) has caught a wave of bullish sentiment in recent days, quietly gaining ground as others stumble. Gain

Asktraders News Team
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