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LandBridge Targets $319M in NYSE IPO

LandBridge, a landowner situated within the oil-abundant Permian Basin, has announced its intention to secure up to $319 million through an initial public offering (IPO) in the United States.

Asktraders News Team
Burberry Share Price Target Cut as Growth Strategy Remains a Work in Progress

Goldman Sachs analysts cut their price target for Burberry (LON: BRBY) in a note to clients on Monday, citing concerns that the brand's strategy to boost leather goods sales remains a "work in progress."

Sam Boughedda
Whitbread Sales Edge Higher in Q1 Despite Softer Weekend Demand

Whitbread (LON: WTB), the owner of Premier Inn, revealed in its latest trading update that group sales rose by 1% to £739 million in the first quarter of FY25. The slight i

Sam Boughedda
Micron Stock Rally’s on Susquehanna, Cantor Fitzgerald, BofA Upgrades

Micron Technology stock (NASDAQ: MU) are surging this morning, up more than 2.5% following a bullish revision from three different analysts. Sentime

Asktraders News Team
China Tech ETFs in Upbeat Momentum: Here’s Why

The landscape of Chinese technology investment is undergoing a transformation, with particular emphasis on emerging sectors such as artific

Asktraders News Team
GameStop Shareholder Meeting Today Expected To Be Hot Ticket

The GameStop stock (NYSE: GME) saga continues this week with the annual shareholder meeting taking place today (11:30 a.m. CDT). The rescheduled meeting is expected to garner a lot

Asktraders News Team
HPE Stock (NYSE: HPE) Up Premarket As Ex-Dividend Date Looms

HPE stock (NYSE:HPE) trades up almost 2% in the premarket this morning, as the ex-dividend date fast approaches (set for tomorrow, June 18th). As the ex-dividend date is determined one business day before the record date, inv

Asktraders News Team
Malaysia Embraces Digital Banking Revolution

The financial landscape in Malaysia is undergoing a significant transformation as digital banks emerge, bringing with them a wave of innovative online financial services. This shift is largely fuelled by the rapid spread of i

Asktraders News Team
AMD Stock (NASDAQ: AMD) – Competitor Creating Shadows

Holders of Advanced Micro Devices stock (NASDAQ:AMD) would be expected to be in a buoyant mood when considering gains of 34.22% over 1 year, and 448% over 5 years. Why then are some looking on the stock performance with mixed

Asktraders News Team
FTSE 100 & FTSE 250 Index Both Post Losses On The Week – What Next?

The FTSE 100 gave back 1.19% on the week, as the FTSE 250 index lost 2.12% to continue what has been a poor start to June. London's benchmark

Asktraders News Team
Elon Musk’s Tesla Payout Gets Shareholder Nod – The Stock Likes It

Tesla stock (NASDAQ: TSLA) has reacted positively to news, with 6.2% in gains over the last 2 trading sessions being added to by a further 2% uplift in the premarket session today. Tesla shareholders have delivered a vote of

Asktraders News Team
Ashtead Group Shares (LON: AHT) Dip As Value Gap Discussed

London listed Ashtead Group shares (LON: AHT) could be looking for a new home across the Atlantic if early rumblings are to believed. It is said that board members at the firm are seeing a valuation gulf between themselves an

Asktraders News Team
Crest Nicholson Says Bellway Revised Proposal ‘Significantly Undervalued’ Company

Crest Nicholson (LON: CRST) rejected a revised takeover proposal from Bellway (LON: BWY), claiming it significantly undervalued the company and its future prospects. The re

Sam Boughedda
Three Upcoming Stock Splits & One Recent Example (CMG, SONY, LRCX)

The world of stock splits encourages a lot of debate around value, affordability, potential share price movement, and perception. It can be as much of a psychological play as anything else, yet remains a tool in the kit of bo

Asktraders News Team
Tesco Q1 Sales Increase as Market Share Continues to Grow

Tesco (LON: TSCO) reported continued momentum in its business for the first quarter of the 2024/25 financial year, with strong sales growth and increasing market share. [stock

Sam Boughedda
B.P. Marsh & Partners Shares (LON:BPM) Continue To Gain After Strong FY 2024

B.P. Marsh & Partners share price (LON: BPM) added 1.8% yesterday, bringing the total gain over the past 12 months to 36.49%. Recent reports of a significant increase in their earnings for the full year of 2024 have added

Asktraders News Team
GM Recalls Over 13K Corvettes for Seat Belt Issue

General Motors (NYSE:GM) has announced a recall affecting 13,464 C8-generation Chevrolet Corvette models from the 2024 and 2025 model years. This measure was taken due to an issue identified with the seat belt retractors whic

Asktraders News Team
Celsius Stock Price (NASDAQ:CELH) Takes Analyst Downgrades

Shares of Celsius Holdings Inc (NASDAQ:CELH), the popular beverage company, have experienced a notable downtrend since the start of June, indicating a period of volatility for the stock. Currently, the stock has recorded a si

Asktraders News Team
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