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Computacenter Shares Rise on US Federal Market Expansion with GAI Acquisition

Shares in Computacenter (LON: CCC) climbed on Thursday morning after the FTSE-listed technology services group announced the acquisition of Government Acquisitions Inc. (GAI), a specialist IT reseller focused on the US federa

Asktraders News Team
Defence Stocks BAE and Melrose Top FTSE 100 as US Launches Fresh Strikes on Iran

Shares in Britain's leading defence and aerospace companies jumped to the top of the FTSE 100 on Thursday morning as fresh US military strikes on Iran stoked demand for companies exposed to global defence spending.

Asktraders News Team
Schroders Stays Bullish on FTSE 100 as Energy Exposure Offsets Stagflation Fears

Schroders remains positive on UK equities despite a more challenging macroeconomic backdrop, arguing that the market's heavy weighting toward energy, materials and financials makes it an attractive diversifier as stagflationa

Sam Boughedda
Rolls-Royce Mounts Fresh Assault on 1,300p as Momentum Looks to Return After Consolidation

Rolls-Royce Holdings (LON: RR.) rose 2.85% to 1,297.2p on Tuesday, pushing firmly back toward the psychologically important 1,300p resistance level and the resistance at around 1,315p after a

Asktraders News Team
Snowflake Surges 30% After Hours as AI Momentum Drives Q1 Beat

Snowflake (NYSE: SNOW) shares rocketed more than 30% in after-hours trading on Wednesday after the cloud data company posted a strong first-quarter fiscal 2027 earnings report, smashing Wall Street's consensus estimates.

Asktraders News Team
Salesforce Shares Lower Despite Record Q1 Results as Agentforce AI ARR Tops $1.2 Billion

Salesforce (NYSE: CRM) shares edged around 1.4% lower in post-market trading on Wednesday after the enterprise software giant delivered a blockbuster fiscal first quarter, smashing earnings expectations and raising its full-y

Asktraders News Team
FTSE 100 Slips as Energy Price Cap Hike Drags on Utilities

London's blue-chip index edged lower on Wednesday morning, weighed down by a rise in Britain's household energy price cap and lingering geopolitical uncertainty, even as its mid-cap peer and continental counterparts p

Asktraders News Team
Pets at Home Shares Jump as Retail Turnaround Gains Traction

Shares in Pets at Home (LSE: PETS) surged more than 3% on Wednesday morning after the UK's leading pet care specialist published its full-year results, with investors encouraged by improving sales momentum and an upbeat outlo

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Infineon Shares Up 105% YTD but mwb Research Says It’s Time to Sell

Infineon Technologies (ETR: IFX) shares gained 1.1% on Tuesday, extending the year-to-date rally to 105.6%, even as mwb Research downgraded the German chipmaker to Sell from Hold, arguing that the stock's sharp re-rating has

Sam Boughedda
Salesforce Earnings Preview: What to Expect on

Salesforce (NYSE: CRM) will release what could be a pivotal earnings update for enterprise software when it reports Q1 FY2027 results after the bell on Wednesday. The compa

AskTraders Team
JD Sports Shares Jump — But Is the Long Decline Finally Over?

JD Sports Fashion (LON: JD.) rose 4.7% on Tuesday, extending a 14.4% rally over the past month. After years of painful losses from peak levels, investors are asking whether the tide is finally turning for the FTSE 100 sportsw

Asktraders News Team
Micron Smashes $1 Trillion Valuation After UBS Triples Price Target, Calling It an “AI-Native Infrastructure Giant”

Micron Technology (NASDAQ: MU) surged more than 21% on Tuesday, vaulting past a $1 trillion market capitalisation for the first time in its history, after UBS issued the most bullish call on Wall Street — more than tr

Asktraders News Team
BP Shares Tumble as Chairman Albert Manifold Ousted in Governance Scandal

BP (LON: BP.) shares slumped sharply on Tuesday after the oil major's board unanimously voted to remove chairman Albert Manifold with immediate effect, citing serious governance and conduct failings less than eight months int

Asktraders News Team
Melrose Industries Shares Slide as California Chemical Scare Rattles Investors

Shares in Melrose Industries (LSE: MRO) fell sharply in early trading on Tuesday, dropping as much as 7% before paring some losses, as investors reacted to an ongoing chemical incident at its GKN Aerospace facility in Garden

Asktraders News Team
Kingfisher Shares Jump as B&Q Owner Reaffirms Guidance Despite Soft Market

Shares in Kingfisher (LSE: KGF) rallied sharply on Tuesday morning after the B&Q and Screwfix owner reported a broadly reassuring first-quarter trading update, reaffirming full-year profit guidance and hi

Asktraders News Team
Wizz Air Becomes One of London’s Most Shorted Stocks as Bears Pile In on Engine Crisis and Middle East Losses

Wizz Air Holdings (LON: WIZZ) has become the second most shorted stock on the London market, with disclosed short positions totalling 13.04% of its shares in issue, behind only brick manufacturer Ibstock at 1

Asktraders News Team
Here’s Why the SpaceX, OpenAI and Anthropic IPOs Could Weaken ‘Magnificent Seven’ Dominance

The highly anticipated public listings of SpaceX, OpenAI and Anthropic could mark the beginning of the end for the "Magnificent Seven's" stranglehold on Wall Street, according to Nigel Green, CEO of global financial advisory

Asktraders News Team
Polar Capital Technology Trust Shares Surge 47% in 2026 on AI Infrastructure Bet

Polar Capital Technology Trust (LSE: PCT) has delivered one of the strongest performances in the UK investment trust sector this year, with its shares climbing approximately 47% since January, rising from 464p at the close of

Asktraders News Team
Smith & Nephew Shares: Goldman Sachs Trims Target But Holds Buy Rating Despite Growth Concerns

Goldman Sachs has lowered its price target on medical technology giant Smith & Nephew (LSE: SN.) to 1,550p from 1,700p, while reaffirming its Buy rating on the stock, even as near-term headwinds weigh on the outlook.

Sam Boughedda
Futu Holdings, UP Fintech US Shares Crater as China Launches Cross-Border Brokerage Crackdown

US-listed shares of online brokerage Futu Holdings (FUTU) plunged Friday after China's securities regulator announced a sweeping crackdown on unauthorised cross-border investing, naming Futu, UP Fintech's Tiger Brokers (TIGR)

Asktraders News Team
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