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Why IBM Stock Plummeted 25% On Tuesday

Shares of International Business Machines (NYSE: IBM) plummeted as much as 25% on Tuesday, marking the company's worst single-day decline since the 1987 Black Monday crash, after IBM stunned Wall Street with a surprise pre-ea

Asktraders News Team
Ashmore Group Shares in Focus as Q4 AuM Beats on Stronger-Than-Expected Inflows

Ashmore Group (LON: ASHM) is under the spotlight on Tuesday after the specialist emerging markets asset manager reported fourth-quarter assets under management (AuM) that topped market expectations on the flows side, even as

Asktraders News Team
Rolls-Royce Shares in Focus as Group Joins Quantum Computing Push for Engine Design

Rolls-Royce (LON: RR.) shares dipped on Tuesday despite the FTSE 100 aerospace and defence giant confirming a new agreement with quantum computing firm Quantinuum, error-correction specialist Riverlane, and the University of

Asktraders News Team
FTSE 100 Miners Climb as Soft US CPI Fuels Fed Rate-Cut Hopes

UK-listed mining stocks staged a strong rebound in trading today, with the FTSE 100 mining sector leading gains after the latest US inflation data reignited expectations of further Federal Reserve easing, sending precious met

Asktraders News Team
Rank Group Shares Jump After Profit Guidance Beats Forecasts By More Than 11%

Rank now expects at least £76m in full-year operating profit, beating a £68.2m analyst consensus, as digital revenue accelerated through the final quarter. Rank Group (LSE:RNK) shares rose sharply on Tuesday after the casino and bingo operator lifte

Asktraders News Team
Genus Shares Jump After Trading Update Beats Profit Forecasts

Genus said full-year profit will beat market forecasts, boosted by a Chinese joint venture cash payment, sending shares sharply higher. Genus PLC shares climbed on Tuesday after the animal genetics group said adjusted profit for the year to 30 June

Asktraders News Team
British Land shares fall despite reaffirmed profit guidance in AGM update

British Land held its earnings guidance steady and reported strong leasing ahead of its AGM, but shares fell amid broader market jitters. Shares in British Land Company PLC (BLND.L) dipped on Tuesday, after the FTSE 100 landlord published a

Asktraders News Team
Atalaya Mining Shares Jump on Strong Second-Quarter Copper Output

Atalaya Mining Shares Jump on Strong Second-Quarter Copper Output Atalaya Mining shares rose sharply on Tuesday after the copper-miner reported stronger quarterly output and a much larger cash pile, with management flagging only modest cost

Asktraders News Team
Tuesday Morning Markets: FTSE Falls as Oil Continues Higher; BP and Shell Lead

London stocks are trading lower on Tuesday, with the FTSE 100 down 0.6% and the FTSE 250 off 0.7%. The mood is weaker across the continent, where Germany's DAX is down 0.5

Sam Boughedda
Watches of Switzerland Shares Climb as Record Revenue and Profit Beat Expectations

The Watches of Switzerland Group (LON: WOSG) share price has risen over 1% on Tuesday morning after the luxury retailer posted record annual results and reaffirmed a confident outlook for the year ahead, despite a challenging

Asktraders News Team
BP Shares Jump After Upbeat Q2 Update Points to Stronger Profits and Falling Debt

Shares in BP (LON: BP.) rose more than 3% on Tuesday morning after the energy major issued a trading statement signalling a mar

Asktraders News Team
Netflix Earnings Preview: NFLX Stock Near 52-Week Low Ahead of Q2 Report

Netflix (NASDAQ: NFLX) will report second-quarter 2026 earnings after the market close on Thursday, July 16, in a print investors are watching closely after the streaming giant's shares have tumbled roughly 4

Asktraders News Team
Prudential Shares: JPMorgan Expects This Key Catalyst Will To The Stock Higher

JPMorgan placed Prudential plc (LON: PRU) on a Positive Catalyst Watch ahead of the insurer's first-half 2026 results on August 4, reiterating its Overweight rating and calling the shares "unjustifiably inexpensive" as the st

Sam Boughedda
Shell Shares: Aditya Birla Group Agrees $1.8bn Deal for Sprng Energy

Shell shares (LON: SHEL) climbed over 2% on Monday, boosted by the rise in oil prices but also helped by the news that the energy major confirmed it has agreed to sell its Indian renewable energy business, Sprng Energy, to th

Asktraders News Team
Fresnillo Leads FTSE 100 Fallers as Silver Slides

Fresnillo (LON: FRES) shares closed 2.9% lower on Monday, making the Mexican silver miner the biggest faller on the FTSE 100 as bullion markets diverged sharply. The stock

Asktraders News Team
Watches of Switzerland Shares Gain on Takeover Talk

Watches of Switzerland Group (LON: WOSG) shares closed more than 4% higher on Monday, sparked by a Reuters report that the luxury watch retailer has held talks over potential offers to take the company private.

Asktraders News Team
ME Group Shares Soar Over 11% as Guidance Holds After June Profit Warning

ME Group shares rallied on Monday after the photo booth and laundry group confirmed its full-year outlook. Shares in ME Group International (MEGP.L) climbed sharply on Monday after the instant-service equipment operator said trading had improved thr

Asktraders News Team
Shell and BP Shares Rise as Oil Jumps on Renewed Strait of Hormuz Clash

Brent crude rose more than 4% after Iran again shut the Strait of Hormuz, lifting shares in Shell and BP. Shares in Shell (LSE:SHEL) and BP (LSE:BPL) are rising on Monday after a fresh round of US and Iranian strikes over the weekend sent oil prices

Asktraders News Team
Monday Morning Markets: FTSE Subdued as Oil Jumps; Vodafone, PageGroup Rally

London's blue-chip index was flat in early trading on Monday, while the FTSE 250 has slipped 0.2%. On the continent, Germany's DAX has added 0.1%, with France's CAC 40 and the Euro Stoxx 50 also trading flat.

Sam Boughedda
Plus500 Shares Slide Despite Record Revenue, Analyst Flags Margin Miss and Rising Churn

Shares in Plus500 (LON: PLUS) have fallen over 12% on Monday morning, wiping out recent gains, after a H1 2026 trading update revealed cracks beneath record headline numbers that analysts say justify investor caution.

Asktraders News Team
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