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UK Grocery Inflation Eases to 18-Month Low

There has been a recent deceleration in UK grocery price inflation, delivering a measure of reprieve to consumers. As of the latest figures, supermarket prices have risen by 2.4% compared to the same period last year. This ma

teso shopping trolley in aisle
Asktraders News Team
IT Spending Boom Benefiting Tech Stock Giants Across The Globe

A surge in global IT spending is poised to propel the technology industry forward. According to forecasts, global IT expenditures will climb to a staggering $5.08 trillion in 2024.

Microsoft Aktie kaufen
Asktraders News Team
Robinhood (NASDAQ:HOOD) Shares Continue To Climb In Premarket, Analyst Upgrades

Robinhood Markets stock (NASDAQ: HOOD) continues to be on an upward path, with 3.73% gains yesterday being added to through the premarket session. The 2.4%

Robinhood Mobile Trading app
Asktraders News Team
Super Micro Continues To March On, SMCI Share Price Back Above $900

Super Micro Computer (NASDAQ: SMCI) has been a standout performer recently, and market experts are closely monitoring its potential for sustained growth. SMCI share price growth of 26.07% in 1 month sounds impressive enough,

NASDAQ
Asktraders News Team
Neuralink Advances with Second Brain Implant FDA Approval

Neuralink Corporation, the neurotechnology company founded by Elon Musk, has achieved another significant milestone as the U.S. Food and Drug Administration (FDA) has cleared the company to implant its brain-computer interfac

Asktraders News Team
Wizz Air Earnings: Will Headwinds Weigh on Summer Bookings?

Low-cost airline Wizz Air (LON: WIZZ) is set to publish its full-year 2024 results on Thursday, May 23, and with the company having faced some headwinds, all eyes will be on summer bookings. 

Sam Boughedda
Advanced Energy Makes £571m Cash Offer to Acquire XP Power

Advanced Energy Industries (NASDAQ: AEIS), a precision power conversion, measurement, and control solutions company, announced a potential all-cash offer to acquire XP Power Limited (LON: XPP) for £571 million on Tuesday. 

Sam Boughedda
B&Q Owner Kingfisher Sees Share Gains But Q1 Sales Slightly Lower

Kingfisher plc (LON: KGF) reported its first quarter trading statement on Tuesday. The statement indicated that trading was in line with expectations, and the company maintained its full-year guidance. 

Sam Boughedda
Microsoft (MSFT) Enters Partnership With UK Supermarket Chain Sainsbury’s (SBRY)

Microsoft Corp (NASDAQ: MSFT) and Sainsbury’s (SBRY.L), the second-largest chain of supermarkets in the United Kingdom, have

Microsoft Store
Asktraders News Team
Is Capital Southwest Corporation Stock (CSWC) On Track To Take Out All Time Highs?

Capital Southwest Co. share price (NASDAQ:CSWC) has quietly gone about adding this year, increasing 43.09% over the past 12 months, and taking out multi year highs. With bu

Silberaktien ETF
Asktraders News Team
ChargePoint Shares – Down 95% From Highs, and Up 40% in 1 Month, Is It Time To Buy?

ChargePoint (NYSE: CHPT) shareholders have been on quite the journey over these past few years, with 40%+ gains over the past month doing little for the P/L of longer term holders. The company which emerged as a player in the

ChargePoint logo
Asktraders News Team
Under Armour Shares (NYSE: UAA) Down 21.89% YTD – Beat On EPS, Gets Analyst Drops

Having dropped 21.89% YTD, Under Armour stock (NYSE: UAA) has been coming under greater scrutiny from the analyst community despite beating EPS estimates for the 4th consecutive quarter.

Asktraders News Team
AstraZeneca to Build $1.5 Billion Manufacturing Facility in Singapore

On Monday, AstraZeneca (LON: AZN) announced plans to construct a $1.5 billion manufacturing facility in Singapore. The facility will be dedicated to producing antibody drug conjugates (ADCs). 

Sam Boughedda
Marks & Spencer Earnings: Will the Retailer Top Expectations?

Marks & Spencer (LON: MKS) is set to announce its preliminary results on Wednesday, May 22, and with its turnaround gaining attention amongst consumers, analysts and investors are somewhat optimistic ahead of the release.

Sam Boughedda
Hilton Food Group ‘Well-Positioned’ For Year Ahead Despite Challenging Conditions

Multi-protein food business Hilton Food Group (LON: HFG) reported a solid trading performance in an update Monday. 

Sam Boughedda
Down More Than 85% From Highs, Is Ocado Stock (LON: OCDO) A Buy?

Ocado Group plc, the UK-based online grocery expert and technology firm, has seen its share price (OCDO.L) plummet by more than 85% since the highs of early 2021. Having r

Ocado Group logo on office
Asktraders News Team
Walmart Stock (NYSE: WMT) Have Strong Day on Impressive Q1 Earnings

Walmart Inc. (WMT), the retail juggernaut, delivered stellar fiscal 2025 first-quarter results before the market opened on Thursday, propelling its shares upward by 6.99% in yesterday's US trading session. Investors showed th

Walmart Aktie und Unternehmen
Asktraders News Team
Alibaba Stock Hits Six-Month Peak, More Than 70% Down From ATHs

Alibaba Group Holding Limited's (NYSE: BABA) shares witnessed a notable rise, closing up 7.05% on Thursday, and continuing to add in the premarket (+1.8%) to make a six-month high for the e-commerce giant.

alibaba offices
Asktraders News Team
Reddit Shares (RDDT) Add 12% In The Premarket : News of OpenAI Deal Hits

Reddit Inc (RDDT) saw its stock price climb by an impressive 11.64% in the last 5 days, reaching $56.38 after a bustling session of

Reddit
Asktraders News Team
GSK Finalises £3.9 Billion Haleon Sale – £1.25Bn Tranche Completes Divestment

Both GSK shares (LON: GSK) and Haleon Plc (LON: HLN) are down this morning, as the FTSE 100 and UK markets start the day with a dip. News impacting both firms came through today, confirming what had been planned for some time

GSK-Unveils-New-Logo
Asktraders News Team