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DoorDash Stock Price Hits 52 Week High as Analyst Raises Target to $240

KeyBanc has re-rated DoorDash stock today (NASDAQ: DASH), raising the price target from $225 to $240 whilst keeping in place an Overweight rating. With DASH changing hands at $199.34 at the time of writing, the upwards revisi

Asktraders News Team
Uber Stock Price Rally’s Post Earnings Dip

Uber's stock price (NYSE: UBER) has added ~20% off the recent earnings dip, following up a 7.5% drop as the numbers came through with a strong rally. One potential catalyst behind the turnaround is a swathe of analyst support

Asktraders News Team
Alibaba’s Stock Gains Further, Is a New 52 Week High in Sight?

Over the past 5 trading sessions, Alibaba's stock (NYSE: BABA) has gained an impressive 12.7%, and is following this up with more of the same in this morning's pre-market. The stock price is indicating an open above $117 on a

Asktraders News Team
Barratt Redrow Shares Jump on Positive H1 and Outlook

Barratt Redrow (LON: BTRW) shares rallied more than 8%  on Tuesday after the UK housebuilder reported a strong half-year and a positive outlook, saying it expects full-year profit at the upper end of market forecasts.

Sam Boughedda
Deliveroo CEO Could Step Down as Soon as This Year – Sky News

Will Shu, the founder and CEO of Deliveroo (LON: ROO), could step down from his role as soon as this year, according to a report from Sky News on Tuesday.  [stock_market_widge

Sam Boughedda
Are Kering Shares Set For a Turnaround?

Kering shareholders have endured a difficult few year, as the decline that began back in 2021 has seen more than 65% wiped off the share price (EPA: PRTP). Some mild bullish sentiment since the start of this year, with Kerin

Asktraders News Team
BP’s Profits Decline as Strategy Reset Announced

BP (LON: BP) has reported a significant drop in profits, reaching a four-year low in the fourth quarter. The company announced an underlying replacement cost profit of $1.17 billion for this period. This marks a decrease from

Asktraders News Team
Entain Shares Down 34%, CEO Resigns

Entain shares (LON:ENT) saw a drop of more than 10% in trading yesterday following the unexpected resignation of CEO Gavin Isaacs. The departure comes after Isaacs spent just five months in the role, stepping down by mutual a

Asktraders News Team
McDonald’s Price Target Shifts as 10 Analysts Raise View on Stock (NYSE: MCD)

Fresh off a mild earnings miss, McDonalds' stock (NYSE: MCD) has been given a boost by 10 analysts, as a raft of adjusted price targets came through. There was also a single analyst (Truist) revising their PT downwards, howev

Asktraders News Team
Hims & Hers Health Stock Gains 77% YTD as Earnings Approaching

Hims & Hers stock (NYSE: HIMS) has had an impressive start to the year, gaining an impressive 77.66% with less than a month and a half complete. With the past 12 months increase now at a staggering ~350%, the next major e

Asktraders News Team
Meta Platforms Stock Makes 16th Consecutive Daily Gain as Restructure Continues

Meta Platforms stock (NASDAQ: META) has been making steady performance gains since the start of this year, with an impressive 16 consecutive days of increases bring

Asktraders News Team
Rolls-Royce Shares Building on Strong 2024, Company To Expand India Partnership

Aerospace giant Rolls-Royce (LON:RR) announced plans to double its supply chain sourcing from India over the next five years. The move is part of a strategic effort to enhance procurement of complex parts for various technolo

Asktraders News Team
Bellway Shares Slide Despite Housing Completions Growth

Bellway (LON: BWY) shares fell more than 5% Tuesday following its latest trading update, despite the housebuilder reporting an 11.9% rise in housing completions for the first half of its financial year.

Sam Boughedda
M&G Shares Are a Buy – Goldman Sachs

In a recent note to clients, analysts at Goldman Sachs reiterated its ‘Buy’ rating on M&G (LON: MNG) following the firm’s announcement of a majority stake acquisition in private credit business P Capital Partners (PCP).

Sam Boughedda
Super Micro Stock (NASDAQ: SMCI) Making Moves Ahead of Earnings – What To Expect

Super Micro Computer's stock price (NASDAQ:SMCI) is trading up more than 7% today, to bring YTD gains to ~30%. Holders of the stock have been on a roller coaster ride over the past year, experiencing significant ups and downs

Asktraders News Team
Samsung Electronics Shares Gain as GDRs Moving to London Stock Exchange

Samsung Electronics shares (KRX: 005930) added 3.54% in South Korea today, as the company announced plans to list its global depositary re

Asktraders News Team
BP Shares Lead The FTSE 100 Higher

BP shares are a notable gainer on the FTSE 100 this morning, adding 6.30% as news that Elliott Investment Mana

Asktraders News Team
Next Phase of Marks & Spencer Non-Food Proposition ‘About to Begin’ – Shore Capital

Marks & Spencer (LON: MKS) is entering the next stage of its non-food transformation with a significant leadership reshuffle in its Clothing, Home & Beauty division, according to Shore Capital. 

Sam Boughedda
Watches of Switzerland: Analyst Confident Demand Environment is Improving

Goldman Sachs said in a note that they have increased confidence in demand for Watches of Switzerland Group (LON: WOSG) following its latest holiday trading update.  [stock_ma

Sam Boughedda
What Markets Expect From Earnings This Week (MCD, KO, SHOP, DASH, HOOD, RDDT, DDOG)

With earnings last week offering up some very big movers, the message of continued capex from the hyper-scalers helped Nvidia pop more than 13% on the week, with it

Asktraders News Team
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