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Coca-Cola India Bottling Unit To Get $1 Billion IPO?

Coca-Cola (KO) is reportedly exploring an initial public offering (IPO) for its Indian bottling arm, Hindustan Coca-Cola Beverages (HCCB), which has sent ripples through the market. The potential deal, aimed at raising approx

Asktraders News Team
Intuitive Machines Stock (LUNR) Upgraded as Company Closes Gap to Peers

Intuitive Machines stock (NASDAQ:LUNR) has been given a boost today, with an upgrade coming as the company strategically positions itself within the burgeoning space exploration market. LUNR currently trades at $11.89, a mode

Asktraders News Team
Zions Bancorp Stock Pulls Back Sharply: Is the Sell-Off Overdone?

Zions Bancorporation (NASDAQ:ZION) experienced a significant stock price decline following disclosures of loan irregularities, prompting a reassessment by analysts and raising questions about the severity of the market's reac

Asktraders News Team
Hammerson Shares Attractively Valued? Double Upgrade Says So

Hammerson shares (LON:HMSO) are attracting renewed attention following a significant upgrade from Barclays, signaling a potential shift in market sentiment towards the real estate investment trust (REIT). The analyst's revise

Asktraders News Team
AST SpaceMobile Stock Plunges as Analyst Turns Bearish, Citing Valuation Concerns

AST SpaceMobile (ASTS) is facing renewed scrutiny as Barclays double downgraded the stock, sending shares tumbling in pre-market trading. The analyst's shift from "Overweight" to "Underweight" reflects concerns that the compa

Asktraders News Team
SoundHound Stock Pulls Back Sharply Overnight Despite Analyst PT Hike

SoundHound AI (NASDAQ: SOUN) has pulled back sharply overnight, and into the pre-market, with the stock trading 7.76% lower despite a recent price target increase from H.C. Wainwright. There is a complex interplay between ana

Asktraders News Team
Did Investors Escape to Europe in H1?

Global investors may have appeared to pivot toward Europe in the first half of 2025 amid rising U.S. policy uncertainty, but Deutsche Bank said in a recent note that the evidence of a true capital flight is limited.

Sam Boughedda
Blencowe Resources Graphite Shows Enhanced Battery Performance, Opening New Market Opportunities

Blencowe Resources Plc (LSE: BRES) announced further testing success for its Orom-Cross graphite, demonstrating enhanced performance in lead-acid batteries and reinforcing the material's multi-market sales potential.

Asktraders News Team
ECR Minerals Advances Queensland Gold Strategy Following Drilling Success

ECR Minerals PLC (LON: ECR) said in an update on Friday that it is strategically focusing on near-term alluvial gold production and major exploration in Queensland, Australia, following successful drilling at the Lolworth pro

Asktraders News Team
Helical Rides Development Wave Amidst Improving Market Sentiment

Helical PLC (LON: HLCL) has released a trading update for the period since April 1, 2025, highlighting significant progress across its London office development pipeline.

Asktraders News Team
Pearson Shares Rise: Q3 Growth Accelerates, Outlook Steady

Pearson (PSON.L) shares jumped 3% on Friday after the company revealed it is on track to meet market expectations for 2025, driven by accelerating sales growth in the third quarter and strategic advancements across its busine

Asktraders News Team
SIG Navigates Choppy Waters, Full-Year Profit Outlook Intact

SIG plc (LON: SHI), a leading European supplier of specialist insulation and building products, issued a Q3 trading update today, revealing flat like-for-like (LFL) revenue growth compared to the same period last year.

Asktraders News Team
Smiths Group to Sell Interconnect Division to Koch’s Molex for £1.3 Billion

Smiths Group (LON: SMIN) shares rose over 1% at the open on Friday after it announced an agreement to sell its Smiths Interconnect division to Molex Electronic Technologies Holdings.

Asktraders News Team
Wishbone Gold Ramps Up Exploration at Red Setter Gold Dome Project

Wishbone Gold Plc (LON: WSBN), the AIM-listed exploration company, is accelerating its activities at the Red Setter Gold Dome Project in Western Australia, located 20km South-West of Greatland Gold Plc's Telfer gold mine.

Asktraders News Team
Oracle Stock Gains on Clarification: Margin Rumors May Not Be True After All

Oracle Corporation (NYSE:ORCL) experienced a significant surge in its stock price Thursday, fueled by clarifications surrounding the profitability of its artificial intelligence (AI) infrastructure projects. The positive move

Asktraders News Team
Eli Lilly Stock Moves Lower Despite Analyst’s Bullish Stance

Eli Lilly's stock (NYSE:LLY) experienced a decline in after-hours trading following a White House and FDA joint media conference. The market reacted to the omission of the company's experimental oral GLP-1 receptor agonist, o

Asktraders News Team
Marathon Petroleum Stock Poised to Turn? Analyst Makes Contrarian Bull Call

Marathon Petroleum's stock price (NYSE:MPC) is facing downward pressure as it approaches correction territory despite recent positive analyst upgrades and strong year-to-date performance. A new bullish call from Wells Fargo,

Asktraders News Team
NTPC Shares (NSE:NTPC) Make A Golden Cross: Consolidation Hinting at Breakout?

NTPC Limited shares (NSE:NTPC) are displaying signs of a potential upward trend, marked by a golden cross formation, where the 50 day moving average crosses above the 200 day. After a period of trading within a narrow range,

Asktraders News Team
Ally Financial Stock In Correction Territory Ahead of Earnings – What Next

Ally Financial's stock price (NYSE: ALLY) finds itself in correction territory as it prepares to release its next earnings report this morning. The stock is currently down 12.51% in the last month, currently priced at around

Asktraders News Team
American Express Earnings Preview (NYSE: AXP) – Results Due Before Open

American Express Company (AXP) is set to release its third-quarter earnings report this morning (Fri 17th), before the market opens. The markets are keenly awaiting the earnings announcement, seeking clarity on the company's

Asktraders News Team
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