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Roaring Kitty Stirs Gamestop Stock (NYSE: GME) – Big PreMarket Riser

GameStop shares (NYSE: GME) are once again at the centre of markets' attention as Keith Gill, known by his online moniker Roaring Kitty, divulged a staggering $116 million position in the video game retailer. This revelation

Asktraders News Team
The FTSE 100 Rallies Monday – Here’s What to Look Out For This Week

The FTSE 100 has started the week very strongly, climbing 0.96% to 8,354.45 in early Monday trading on June 3, 2024, following Friday’s 0.54% rise, which saw London’s blue-chip index closed up 44.33 points at 8275.38 on Frida

Sam Boughedda
Shein to File London IPO Prospectus According to Sky News

Online fashion giant Shein is nearing a potential London Stock Exchange listing, according to Sky News.

Sam Boughedda
FTSE 100 Ends The Week A Strong Note But Outperformed By the 250 Index

London stocks regained some of the lost ground over the week on Friday, with the FTSE 100 ending up 0.54%. Despite the increase in the benchmark

Asktraders News Team
Is UALink The Next Step In AI? GOOG, MSFT, INTC, & META To Stand Together

Several of the world's tech heavyweights, including Google, Microsoft, and Meta, are collaborating to establish an open industry standard for an AI chip technology known as the Ultra Accelerator Link (UALink). This potentiall

Asktraders News Team
Zscaler Shares (NASDAQ: ZS) Flip The Script, Up With Surprise Profits

In what will be a welcome shift of momentum for holders of Zscaler stock (NASDAQ: ZS), the company flipped the script on what had been a negative start to 2024 for the share price, and delivered impressive earnings. The surpr

Asktraders News Team
BATS Shares (LON:BATS) Get Reprieve as Anti-Smoking Bill Postponed

British American Tobacco shares (LON: BATS) have added 1.42% today, as a temporary reprieve surrounding the proposed anti-smoking bill is in play. [stock_market_widget type="t

Asktraders News Team
Salesforce CEO Continues Selling The Stock (NYSE: CRM) As Part Of Plan

Marc Benioff, the CEO of Salesforce, Inc (NYSE:CRM), has seen his shareholding in the firm reduce by more than 12% since the start of this year, as he continues to sell down some of his holdings (via automated sales) in tranc

Asktraders News Team
UK Government Sells NatWest Shares (NWG.L) Back To The Bank, Raises £1.24B

Natwest shares (LON:NWG) are relatively unmoved today despite another big offloading of shares by the the UK government. As one of the best performing

Asktraders News Team
JD Sports Earnings: Revenue Climbs Despite ‘Challenging Market’

JD Sports Fashion (LON: JD.) reported its unaudited FY24 results on Friday. The company's revenue increased by 2.7% for the 53 weeks ending February 3, 2024, reaching £10.54 billion.

Sam Boughedda
Burberry Shares Down 51% Over the Last Year: Here’s Why

Iconic British luxury brand Burberry has seen its share price plummet a significant 51% in the last year. This decline comes amidst a challenging backdrop for UK luxury brands.

Sam Boughedda
Frasers Group Ups Stake in Hugo Boss

Frasers Group (LON: FRAS) said Friday that it has increased its stake in fashion giant Hugo Boss. In Ja

Sam Boughedda
Will GM Navigate A Path for Cruise Comeback?

After a disquieting road incident in San Francisco, General Motors' self-driving subsidiary Cruise is steering its way through a challenging phase of rebuilding trust and re-establishing operations. The company, which had onc

Asktraders News Team
AST SpaceMobile Shares (NASDAQ:ASTS) Soar To 52 Wk Highs on Verizon Deal

Investors of AST SpaceMobile (NASDAQ:ASTS) witnessed a substantial gain as the company's stock price gained 69.2% in trading yesterday following the announcement of a new partnership with telecommunications giant Verizon (NY

Asktraders News Team
Diageo Shares (DGE.L) Hit New 52-Week Low, But Why The Drop In Sentiment?

Diageo plc (LON:DGE), a global leader in alcoholic beverages, experienced a notable downturn in its stock performance, as the price plunged to a 52-week low of GBX 2,563 during Thursday's trading session before rallying to cl

Asktraders News Team
Costco’s Earnings Expectations & An Early Price Target Upgrade On COST Shares

As a very busy month of earnings draws close to an end, and the S&P 500 continues to advance, outstripping earnings expectations for the current year, markets are keenly watching

Asktraders News Team
Palantir Stock (NYSE:PLTR) Up Early As $480M Defense AI Prototype Deal Added

Palantir share price (NYSE:PLTR) trades up early in the premarket, adding 2.67% as news of a new deal with the DoD fi

Asktraders News Team
Google Investing in Malaysia with $2B Cloud Hub Data Centre

In a strategic move that marks a significant expansion of its global infrastructure, Google has announced a $2 billion investment to build its first ever data centre and a dedicated Google Cloud hub in Malaysia. This move by

Asktraders News Team
CRM Stock Price Down Big As Salesforce Hit by Slowest Growth in Decades

Salesforce share price (NYSE: CRM) has taken a huge hit in the after hours trading session, as earnings hit. Markets reacted negatively to the print, with a drop of 16.02% pulling the stock back to levels not seen since Novem

Asktraders News Team
Potential Shein IPO Under Scrutiny From British Lawmakers Over ESG

Concerns have been raised by the chairs of three UK parliamentary committees regarding Shein's anticipated initial public offering (IPO) in

Asktraders News Team
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