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Cisco Surges After Record Quarter Fuelled by AI Infrastructure Boom

Cisco Systems (NASDAQ: CSCO) shares rocketed 16.2% in after-hours trading on Wednesday after the networking giant delivered a record-breaking third quarter, comfortably beating Wall Street expectations on both revenue and ear

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Asktraders News Team
Applied Materials Earnings Preview: All Eyes on Guidance as AI and HBM Tailwinds Build

Applied Materials (NASDAQ: AMAT) is scheduled to release its fiscal second-quarter 2026 results after the bell on Thursday, May 14, with Wall Street expecting revenue of $7.69 billion and adjusted earnings per share of $2.68,

Asktraders News Team
Cisco Q3 Earnings Preview: AI Orders Hit Milestone — Will Guidance Be Enough?

Cisco Systems (NASDAQ: CSCO) reports its fiscal third-quarter 2026 results on Wednesday, May 13, 2026, after market close. The quarter ended April 25, 202

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Asktraders News Team
Alibaba Q4 Earnings Preview: Can Cloud and AI Reignite the Rally?

Alibaba Group (NYSE: BABA) is set to report its fiscal fourth-quarter and full-year 2026 results before the market opens on May 13, and investors will be watching closely after a turbulent stretch for the stock.

alibaba offices
Asktraders News Team
Sea Limited Q1 Earnings Preview: What to Expect

Sea Limited (NYSE: SE) is scheduled to release its first-quarter 2026 financial results before the U.S. market opens on Monday, May 12, 2026. [stock_market_widget type="chart"

Sea Limited
Asktraders News Team
Northwestern Mutual Says S&P 500 Rally Has Room to Broaden Beyond AI Megacaps

Northwestern Mutual Wealth Management stated in a note this week that it sees an expanding investment opportunity in artificial intelligence beyond the handful of megacap names that have driven equity gains in recent years, e

Sam Boughedda
UBS Sees Stocks Rally Broadening Beyond U.S. Megacaps

UBS said in a note this week that investors should diversify their equity exposure as markets reach new highs, arguing that the next leg of the stock rally is unlikely to be driven by the same handful of large-cap technology

Sam Boughedda
S&P 500 Near Record Highs but UBS Warns of Bumpy Road Ahead – Here’s How to Position

U.S. equities climbed to record highs this week, but UBS is urging investors to stay diversified as energy market tensions, AI uncertainty and geopolitical risks keep the outlook clouded.

Wall Street Market Updates
Sam Boughedda
S&P 500 Companies on Track for Double-Digit Earnings Growth Despite Iran War, Says deVere

US corporations are poised to deliver strong first-quarter earnings despite ongoing geopolitical tensions in the Middle East, according to Nigel Green, CEO of deVere Group, one of the world's largest independent financial adv

Wall Street Market Updates
Sam Boughedda
BP Shares Dip Despite Anticipated Exceptional Oil Trading Result

Shares of BP (LON: BP) are trading lower today despite the company's first-quarter 2026 trading statement projecting an exceptional oil trading result.

BP share news and updates
Asktraders News Team
TD Cowen Trims Shell Target but Keeps Buy Rating After Above-Consensus Q1 Update

TD Cowen trimmed its price target on Shell to $110 from $112, maintaining its buy rating, after the energy major's first-quarter update pointed to earnings above consensus driven by stronger-than-expected contributions from C

Shell Aktie Dividende
Sam Boughedda
Rio Tinto Shares in Focus as Miner Said to Draw Bids for $2bn California Boron Assets

Rio Tinto (LON: RIO) has attracted interest from more than a dozen potential bidders for its U.S. boron assets in California, which could fetch around $2 billion, accor

Rio Tinto office
Sam Boughedda
Stocks Rally: UBS Maintains 7,500 S&P 500 Target After US-Iran Ceasefire

Global stocks surged, and oil prices tumbled on Wednesday after a two-week ceasefire was agreed, with Iran agreeing to reopen the Strait of Hormuz, prompting UBS to lay out its investment playbook for the new backdrop.

Wall Street Market Updates
Sam Boughedda
GSK Shares Edge Higher Following China Approval of Exdensur for Chronic Rhinosinusitis

GSK plc (LSE/NYSE: GSK) experienced a modest share price increase of approximately 1% in early trading following the announcement that China's National Medical Products Administration (NMPA) has approved Exdensur (depemokimab

GSK Office
Asktraders News Team
UBS: What Investors Should Do as Stock Price Slide Continues on Middle East Uncertainty

Global stocks continued to retreat this week as persistent geopolitical tensions in the Middle East pushed investors toward safer assets, prompting UBS to advise clients to stay disciplined rather than attempt to trade fast-m

Professional trader analyzing ETF performance charts on multiple computer screens in a modern trading office
Asktraders News Team
FTSE Outlook Steady as Schroders Maintains Overweight Equities Despite Energy Shock

Schroders said it continues to favour equities even as global markets adjust to the inflationary effects of the Middle East conflict, offering a steady backdrop for investors in the FTSE and other major indices.

Asktraders News Team
Morgan Stanley Resets View on BP and Shell Shares as Outlook Shifts

BP (LON: BP.) and Shell (LON: SHEL) received diverging calls from Morgan Stanley after the bank lifted its long

Warum in die Shell Aktie investieren?
Sam Boughedda
UBS Warns Gulf Conflict Driving 2-Way Market Risk

Global markets are facing renewed stress as the Gulf conflict continues to escalate, with UBS warning investors to brace for persistently heightened volatility and a widening range of potential outcomes.

United Oil & Gas field
Asktraders News Team
Tesla Stock Edges Higher as UK Energy License Signals Strategic Pivot Beyond Automotive

Tesla Inc stock climbed 1.27% in pre-market trading on Friday after UK regulator Ofgem granted the electric vehicle manufacturer a license to supply electricity to British households and businesses, marking a significant expa

Tesla Shop Front Cars
Asktraders News Team
Micron Stock Surges 32% Year-to-Date: Wells Fargo Lifts Price Target to $470

Micron Technology Inc. has delivered a stellar performance in 2026, with shares climbing 32% year-to-date as demand for memory products continues to accelerate, particularly in artificial intelligence applications. The rally

micron stock falls following downgrade
Asktraders News Team
NIO Stock Upgraded Following Breakthrough Quarterly Earnings

NIO's stock (NYSE: NIO) jumped 15.38% yesterday to close at $5.70, marking a significant rally for the Chinese electric vehicle manufacturer following a wave of analyst upgrades triggered by the company's first-ever quarterly

Handel mit der Nio Aktie
Asktraders News Team
Oracle Stock Surges in Pre-Market Following Blowout Q3 Earnings Beat

Oracle's stock is 11.11% higher in the pre-market this morning following a resounding earnings beat in its fiscal third quarter. The enterprise software giant reported adjusted earnings per share of $1.79, cr

oracle share price
Asktraders News Team
Trade Desk Stock Jumps on Reports of OpenAI Advertising Partnership

The Trade Desk stock is up 21% in pre-market trading  following reports that the programmatic advertising platform has held preliminary discussions with OpenAI regarding a partnership to sell advertisements on the ChatGP

The Trade Desk logo
Asktraders News Team
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