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Auto Industry Leaders Join Elon Musk In Shifting Stance on China Tariffs

In a notable change of heart, several prominent figures in the automotive industry are now voicing their opposition to the protective tariffs on Chinese

Asktraders News Team
Blockchain Devices Market Booms

The Blockchain devices market is on an impressive trajectory and is expected to achieve exponential growth, with forecasts predicting a surge to $15.69 billion by 2031. This marks a significant climb from its valued size of $

Asktraders News Team
Revolution Bars Rejects Nightcap Proposal, Says its ‘Incapable of Being Delivered’

Revolution Bars Group (LON: RBG) rejected a takeover proposal from competitor Nightcap on Tuesday, calling it "incapable of being delivered." 

Sam Boughedda
Pets at Home Earnings: Here’s What to Expect

Pets at Home (LON: PETS) is set to report its preliminary full-year 2024 results on Tuesday, May 29, and with the stock down over 14% this year, investors will be hoping for positive news to boost the share price.

Sam Boughedda
Lawsuit Filed Against Intel

News coming through today indicates that Intel Corporation (NASDAQ INTC) has a potential case to answer, as law firm Bronstein, Gewirtz & Grossman, LLC has initiated a class action lawsuit against the tech giant and certa

Asktraders News Team
South Korean Stocks Rally As KOSPI Approaches 52 Week High

South Korean stocks made a notable rebound today, with the Korea Composite Stock Price Index (KOSPI) climbing 1.32% to close at 2,722.99, reversing the trend of last week. The week ending 24th May had seen the KOSPI fall by 1

Asktraders News Team
What To Expect From Cava Group (NYSE: CAVA) Earnings

The spotlight has been intensifying on Cava Group shares (NYSE: CAVA) in recent months, and with the stock price adding 6.87% on Friday shows no signs of slowing leading in to earnings. This marks another strong week for hold

Asktraders News Team
Intel Continues To Innovate

In a competitive move, global chipmaker Intel Corporation (NASDAQ: INTC) has escalated its innovation pace to stay ahead in the PC processor industry. Last December marked a significant milestone for Intel with the launch of

Asktraders News Team
Looking At 20 Price Target Changes In Workday Stock (NASDAQ: WDAY)

Workday shares (NASDAQ:WDAY) pulled back sharply in price on Friday, with a fall of 15.3% during the trading session putting the stock close to $220, levels not seen in 6 months. This drop came in the wake of the company's fi

Asktraders News Team
Data Centre Demand Spills Over Into Many Areas – Nvidia Continue To Reap Rewards

The data centre industry is poised for continued expansion, with projections suggesting that it will grow from 17 gigawatts (GW) in 2022 to an estimated 35 GW by the end of this decade. This growth is measured in megawatts ra

Asktraders News Team
Domo Shares (NASDAQ: DOMO) Giving Holders A Rollercoaster Ride

Holders of Domo shares (NASDAQ:DOMO) experienced a mini rollercoaster to end last week, after a 13.88% drop following the announcement of their first-quarter earnings was followed by a mini rally.

Asktraders News Team
LON: ABDN – Abrdn CEO Steps Down, Share Price Follows

A significant leadership change at Abrdn was announced today, as the stock price (LON: ABDN) dips 0.96%, compounding losses seen over the past 12 months. Stephen Bird, the chief executive of the investment company, made the d

Asktraders News Team
National Grid Stock (NG.L) Dives After Cap Cut Adds To Negative Rights Issue Sentiment

Shares of National Grid PLC (LON:NG) are trading down by 9.33% in early trading following a substantial cut to the energy price cap announced by Ofgem, the

Asktraders News Team
Boeing Stock Price (NYSE:BA) Dips Again As Cash Burn Challenges Revealed

Shares of aerospace giant Boeing Co suffered a setback on Thursday following a cautionary statement from Chief Financial Officer Brian West, who signalled that the company is poised for negative cash flow in 2024.

Asktraders News Team
Google Sets Production of Pixel Phones in India – Foxconn Involved

Tech giant Google is shifting gears in its manufacturing strategy by initiating production of its popular Pixel smartphones in In

Asktraders News Team
Intertek Start to 2024 Boosted by Strong Recovery in Consumer Products

Intertek (LON: ITRK) reported a robust start to 2024, with an impressive 7% like-for-like (LFL) revenue growth from January to April. 

Sam Boughedda
Wood Group Rejects Third Acquisition Proposal from Sidara

Wood Group (LON: WG.) announced Friday that it had received a third unsolicited, preliminary and conditional proposal from Dar Al-Handasah Consultants Shair and Partners Holdings Ltd (Sidara) on Tuesday. 

Sam Boughedda
Nvidia Surpasses Revenue Estimates, Announces Stock Split

Nvidia, a leading player in the semiconductor industry has recently announced its intention to split its stock, aiming to make the c

Asktraders News Team
Scottish Mortgage Shares (LON:SMT) Up 2.7% Today, Close To 52 Week Highs

Scottish Mortgage (LON:SMT) saw its shares climb by 2.7% to 893p, approaching 52-week highs on the back of its robust full-year financial results. This uptrend reflects increased investor confidence in the FTSE 100-listed inv

Asktraders News Team
Argentina Targets Top 10 in Global Copper Production As Demand Accelerates

Argentina is eyeing a position among the world's largest copper producers, focusing on exploiting the potential of its Andean region in the north. With the ambition to break into the top 10 global rankings, the country is inv

Asktraders News Team
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