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Palantir Takes A Tumble Post Earnings – Is The Stock Now A Buy? Analyst Views
The Palantir Technologies' (NYSE: PLTR) stock price gapped down this morning post-first-quarter earnings that beat on revenue. To understand the drop in spite of an earnings beat, you have to look to the weight of expectation
BAE Systems (LON: BA) and Eaton Boost EV Offerings for Trucks
BAE Systems and power management company Eaton have announced an expansion of their strategic partnership, under which they will develop enhanced electric vehicle (EV) systems for heavy-duty trucks. This move will intensify t
Shell Eyes $1 Billion Sale Of Malaysia Stations To Saudi Aramco
Royal Dutch Shell (LON: SHEL), the global oil giant, is currently in discussions with Saudi oil major Aramco to sell its gas station operations in Malaysia. Whil
UBS Share Price Surging Following Strong Earnings
UBS Group AG (SWX: UBSG), Switzerland's largest bank, saw its shares surge by 9.52% following a report of robust quarterly earnings that exceeded market expectations. The
Disney’s Earnings are in the Spotlight as Analysts Set a Positive Tone
Earnings season continues with another big name on Tuesday, as Disney report before the bell. With many of the market heavyweights having reported, eyes are now turning toward The Walt Disney Company.
Sensex Dips, Nifty Sheds Gains Amid Volatile Trade
The Indian stock market witnessed a volatile trading session today, with major indices closing in the red. The BSE Sensex plunged about 400 points to close at 73,511.85, while the broader NSE Nifty settled at 22,302.50, dropp
Tourism Projected to Account for 12% of UAE’s GDP
The United Arab Emirates (UAE) is on track to magnify its economic landscape through the tourism sector, projected to embody 12% of the country's GDP in the current year. This significant stride was highlighted during ATM 202
BP Profits Shrink Amid Refinery Woes – Markets Unmoved
Energy giant BP reported a steep 40% drop in first-quarter earnings, which came in at $2.7 billion. This underperforming figure fell short of analyst expectations and marked a significant downturn from the company's financial
Rivian Stock Up Strong In Premarket As Earnings Loom After Market Close
Investors and market spectators are closely monitoring Rivian Automotive (NASDAQ: RIVN) as it strides into the Q1 earnings season, facing amplified industry challenges that intertwine with demand flow and operational barriers
Marathon Digital Shares Leap Despite Cryptocurrency Volatility
In an unexpected twist defying the subdued demeanour of the cryptocurrency market, shares of Marathon Digital Holdings (NASDAQ: MARA), a preeminent
Nio & Rival BYD Rumoured To Be Entering Battery Supply Partnership
In a significant shift in China's electric vehicle (EV) landscape, homegrown EV maker Nio (HKG: 9866) has been rumoured to have e
Apple Making AI Data Centre Moves
In a bold move that will send ripples through the technology sector,
The FTSE 100 Jumps – Here’s What to Watch This Week
The FTSE 100 has started today's session and this shortened trading week on the front foot, climbing 1% to 8,293.35 in early Tuesday trading on May 7, 2024, following Friday’s 0.51% rise, which saw London’s blue-chip index cl
IAG Q1 Earnings – What to Expect
International Consolidated Airlines Group (LON: IAG) is set to report its first-quarter earnings this week on Friday, May 10. The release will be closely watched and, if positively received, may provide IAG shares with the pl
Dollar Muted as Global Markets Stabilise
As the global foreign exchange markets commenced the week, the absence of London traders due to a public holiday contributed to a rather subdued early session on Monday. The US dollar showed marginal softness against a basket
Analysts Lower Targets On AMD Despite Earnings Surpassing Expectations
In a twist of fate contrasting its financial triumph, Advanced Micro Devices shares (NASDAQ: AMD) experienced a stumble in the market, dropping 5.45% since Q1 earnings report. While the company surpassing analysts' revenue an
India Vix Volatility Spikes Ahead of Elections
Investors and market analysts are keeping a close watch on the India VIX, commonly referred to as the "Fear Index," which has exhibited volatile behavior in the period leading up to the elections. There was a significant rise
UK Markets – Looking Ahead To The Four-Day Week
With the Early May public holiday giving us a little extra time away from the office to enjoy spring, markets gear up for a condensed four-day week with a flurry of updates from UK listed names. Despite the shorter trading pe
Haleon: Analyst Bullish as Underlying Performance ‘Looks Strong’
According to Barclays analysts, Haleon's (LON: HLN) underlying performance looks strong. The bank reacted to the Advil and Sensodyne maker's first-quarter trading statement, released Wednesday.Â
Trainline Ticket Sales Jump as New Carrier Competition ‘Revolutionising Rail in Europe’Â
Rail ticket platform Trainline (LON: TRN) reported its results for the 12 months ended February 29, on Friday, showcasing a significant surge in ticket sales, driven by new entrant carrier competition and robust growth in the