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Nike Earnings Loom As Downgrades and Declining Sales Weigh on The Stock

Nike, Inc. is poised to release its fourth-quarter fiscal 2025 earnings report after today's closing bell, with sentiment firmly bearish. In closing at $60.83, Nike's stock price (NYSE: NKE) comes into the report down 17.43%

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Meta Platforms Adds AI Message Summaries To WhatsApp

Meta Platforms (META) is making a significant push into AI-driven user experience with the introduction of Message Summaries on WhatsApp. This new feature leverages Meta AI to provide users with concise summaries of unread me

Meta Platforms Office
Asktraders News Team
Micron Price Target Upgraded En Masse As Street Rally’s Behind Earnings

Micron's stock price (NASDAQ: MU) is up 2.33% in the pre-market, ably supported by its impressive Q3 earnings, a promising Q4 outlook, and a strategic position at the heart of the artificial intelligence revolution.

micron stock falls following downgrade
Asktraders News Team
Lockheed Martin’s Stock (NYSE:LMT) Continues To Underperform

Lockheed Martin's stock (NYSE:LMT) has underperformed this year, shedding 4.95% since the start of 2025, as competitors such as Northrop Grumman (NOC) and Rtx Corp (RTX) have carved out gains of 4%, and 21.87% respectively.

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Asktraders News Team
Asana in Transition: Leadership Changes Confirmed

Asana (NYSE: ASAN) announced that Dan Rogers will assume the role of Chief Executive Officer, effective July 21, 2025. Rogers, a seasoned executive from LaunchDarkly, will succeed Dustin Moskovitz, Asana's Co-Founder and curr

Asktraders News Team
S&P 500 Price Target Raised to 6,700 – Broadening Rally Boosts Sentiment

The S&P 500 has rebounded strongly in recent weeks, moving back ever closer to highs. This positive momentum has prompted BMO Capital Markets to significantly raise

invest in the s&p 500
Asktraders News Team
BP Takeover Rumours See Shares Jump – Is Shell A Realistic Buyer?

The future of BP (LON: BP) was again in question today, with swirling rumours of asset sales and potential discussions with Shell (SHEL) creating a volatile landscape. BP's NY

BP LOGO
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Micron Earnings On Deck – What To Expect

Micron Technology (NASDAQ: MU) is poised to release its fiscal Q3 2025 earnings after market close today, with markets eagerly anticipating the results. The stock has rallied yesterday in the lead up to the print, gaining 4.7

Micron Technology
Asktraders News Team
SoundHound AI Presents Year of Two Halves – Has The Stock Found a Bottom?

SoundHound AI, Inc. (NASDAQ: SOUN) continues to capture interest, yet remains a volatile play in the artificial intelligence space. As of this morning, the SoundHound's

SoundHound Stock
Asktraders News Team
Oklo Recaptures $60 As Stock Finds Support

Oklo Inc. (NYSE: OKLO), a pioneering company in advanced nuclear fission, is once again on the move, with a notable 10% surge in its stock price, closing at $60.71 on Tuesday. This impressive jump follows a period of market v

Asktraders News Team
Amazon To Invest £40 Billion in UK

A strategic UK investment by Amazon.com Inc. (NASDAQ: AMZN) is making headlines today, as the e-commerce titan announced plans to pump a staggering £40 billion (approximately $54 billion) into the UK economy over the next thr

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Alphabet Navigates UK Regulatory Scrutiny – Stock Underperforms in 2025 Despite AI Push

Alphabet Inc. (NASDAQ: GOOGL) finds itself grappling with regulatory headwinds in the UK while simultaneously pushing forward with ambitious artificial intelligence (AI) integrations across its core search functionalities.

google alphabet
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Fed Speak – Chair Powell Reaffirms Commitment To Price Stability

Federal Reserve Chair Jerome Powell reaffirmed the central bank's unwavering commitment to price stability, signaling a continued pause in interest rate adjustments until the economic impact of President Trump's newly impleme

Asktraders News Team
Fedex Earnings on Deck – Analysts Trim Expectations Leading In

FedEx Corporation (NYSE: FDX) heads into its fourth-quarter fiscal 2025 earnings report today, after market close in bearish mood, with it's stock down 16.4% since the start of the year. The shipping giant finds itself at a c

Fedex truck
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Hims & Hers Stock Down 33%, Citi’s Financial Outlook Unchanged

Hims & Hers stock (NYSE: HIMS) experienced a dramatic sell-off today, plummeting nearly 33% by afternoon trading. The catalyst for this sudden shift in sentiment was Novo Nordisk's (NYSE: NVO) unexpected termination of it

Hims & Hers Drugs
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Carnival Corp’s Stock (CCL) In Choppy Waters Ahead of Earnings, What To Expect

Carnival Corp's stock (NYSE: CCL) is stuttering into it's latest earnings report, with a 2.9% through the morning session bringing the YTD decline to an underwhelming 7.66%. This marks a shift from what had been a very bullis

Carnival logo
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GE Vernova Price Target (GEV) – New Bullish Coverage, But What is To Come?

GE Vernova Inc. (GEV), the energy equipment manufacturing and services powerhouse, has seen it's stock price soar since the spin-off, adding 253% in a little over 15 months on the market.

Asktraders News Team
Quantum Computing Stock (QUBT) Drops as Firm Announces $200Million Raise

Quantum Computing Inc. (NASDAQ: QUBT) announced a private placement of 14,035,089 shares at $14.25 per share to raise $200 million today. This follows a similar $100 million placement from January 2025, and has seen the QUBT

Asktraders News Team
Barnes & Noble IPO: U.S. Listing Favoured, But London Has Appeal – IPO Expert

Barnes & Noble’s turnaround story has gained momentum, and an initial public offering could be its next major chapter. Earlier this year, the Financial Times

Sam Boughedda
Kroger Earnings On Deck – Stock Price 10% Down From Recent Highs

Kroger's stock price (NYSE: KR) has pulled back 10% from recent highs into earnings this morning, as markets take pause to determine the next leg for for KR. This decline into correction territory reflects perhaps some of the

Asktraders News Team
The Dot’s Speak – What We Learned From The FOMC Meeting

The Federal Reserve, at the conclusion of its meeting, opted to hold steady the benchmark federal funds rate within a range of 4.25% to 4.5%, marking a continuation of its pause initiated at the start of the year. This decisi

Asktraders News Team
Acccenture Earnings On Deck, Stock (ACN) Continues To Underperform

Accenture plc (NYSE: ACN),thea global professional services giant, prepares to release its third-quarter fiscal year 2025 earnings before the opening bell on Friday, June 20th. With U.S markets closed today for the Juneteenth

Asktraders News Team
Roblox Stock Price Makes New High as Target Raised to $125

Roblox stock (NASDAQ: RBLX) is riding a wave of investor enthusiasm, hitting a new 52-week high at $103.03 on gains of 1.41% early into early afternoon. Today's increase follows months of consistent gains, with the stock pric

Roblox
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