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UniCredit Shares Fall as Firm Bids for Banco BPM

UniCredit (BIT: UCG), one of Italy's top banks, has made a surprising bid to take over its rival Banco BPM with an offer valued at €10.1 billion. The announcement has stir

Asktraders News Team
Barclays Shares (LON: BARC) Up as FCA Fine Comes in at £40M

Barclays shares (LON: BARC) are up 2.26% today, closing in on the 52 week high after the British banking giant pushed year-to-date gains up to an impressive 69.47%. News of the bank being fined £40 million by the UK's Financi

Asktraders News Team
Intuitive Machines’ Set To Open at New 52 Week High (NASDAQ: LUNR)

Investors are often drawn to market narratives that pit short sellers against emerging companies with growth potential. Intuitive Machines stock (NASDAQ: LUNR) is potentially one of those names, a trending company known for i

Asktraders News Team
FTSE 100 Challenging 8,300 as New US Treasury Secretary Appointed

London's stock market made solid gains to begin the week, with the FTSE 100 index rising 0.39% to 8,294 by early afternoon. Market sentiment has been buoyed by the ap

Asktraders News Team
Morgan Stanley Elevates KinderCare to Overweight Status

KinderCare Learning Companies, Inc. (NYSE: KLC) stock is currently experiencing a notable increase of 4.12% in today's pre-market session, having previously gained 7.74% on Friday to close out what had been an otherwise diffi

Asktraders News Team
Meta Enhances Messenger with AI Video Features

Meta Platforms, Inc. (NASDAQ:META), the technology giant behind some of the world's most popular social media applications, has just rolled out a set of advanced features for its Messenger app to significantly upgrade the vid

Asktraders News Team
Rocket Lab Stock (RKLB) Hits Further Heights as Back-to-Back Launches Boosts Sentiment

Rocket Lab (NASDAQ: RKLB), the space technology company known for its Electron rockets, has set a new company record with two successful missions launched in less than 24 hours—a feat spanning two different launch pads positi

Asktraders News Team
AMD Stock Moves Green YTD as CEO Champions Sustainable Data Centers in India

Advanced Micro Devices CEO Lisa Su has recently highlighted an imperative vision for AI's future while visiting India. The firm, a prominent player in the semiconductor industry, has been recognised as a key contributor to t

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Wolfspeed Stock Price (NYSE: WOLF) Bouncing From 52 Wk Lows on Insider Buys

Wolfspeed's stock price (NYSE: WOLF) saw a notable increase to end the last week, and seems set to kick off this in similar fashion as a wave of insider buying activity suggested a strong vote of confidence from the company's

Asktraders News Team
Anglo American to Sell Steelmaking Coal Business to Peabody Energy

Anglo American (LON: AAL) announced Monday that it has agreed to sell its entire steelmaking coal business to Peabody Energy for up to $3.8 billion. [stock_market_widget type=

Sam Boughedda
Kingfisher Shares Plunge as Near-Term Outlook Remains Uncertain

Shares of home improvement retailer Kingfisher plc (LON: KGF) tumbled 13.5% Monday after the company tightened its full-year profit guidance and warned of ongoing uncertainty in its key markets.

Sam Boughedda
NatWest Shares (NWG) Fall Back From Highs as UK Govt Stake Moves Below 11%

The UK government has further reduced its stake in NatWest Group PLC, an Edinburgh, Scotland-based bank. As per the latest filing with the stock exchange on Friday, the government's share now stands at 10.99%, a slight decrea

Asktraders News Team
Gap’s Stock Price (NYSE: GAP) Up Big In Pre-Market on Improved Sales Outlook

Gap's stock price (NYSE: GAP) has just come off a session with gains of 6.89%, but this morning's pre-market has already shattered these gains, with an increase of 13.97% looking set to see the stock open above $25 on the

Asktraders News Team
FTSE 100 Rejected Above 8,200 | Index Making Gains Despite Retail Dip

Stocks on the London Stock Exchange pushed the FTSE 100 index back above 8,200 briefly this morning, as investors weighed an uptick in consumer confidence against a larger-

Asktraders News Team
Amazon Haul Sets Sights on Budget Shoppers

Amazon, the global e-commerce giant with over 300 million users worldwide, has announced the launch of a new service named Amazon Haul. As consumers confront the challenges of inflation and look for ways to stretch their budg

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DFS Furniture Appoints Interim CFO, Sees Trading Performance Improvement

In an update on Friday, DFS Furniture (LON: DFS) announced an improvement in its trading performance and appointed a new Interim Chief Financial Officer. The furniture reta

Sam Boughedda
Halma Share Price Target Raised, But Analyst Expects De-Rating

Jefferies raised its price target for Halma plc (LON: HLMA) to 2,200p from 1,950p in a note Thursday following the company's strong financial performance in the first half of its fiscal year 2024/25.

Sam Boughedda
Kioxia IPO Targets  ¥100BN on Tokyo Stock Exchange

In an upcoming move in the financial markets, Kioxia, a company backed by the private equity firm Bain Capital, is set to make a significant stride with its initial public offering (IPO) where it aims to raise  ¥100 billion,

Asktraders News Team
BJ’s Wholesale Stock Price (NYSE:BJ) Hits New High on Earnings and Buyback News

In a strong performance that beat market expectations, BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) reported third-quarter adjusted earnings per share of $1.18, notably higher than the anticipated 91 cents.

Asktraders News Team
Oklo (NYSE:OKLO) Eyes Acquisition of Atomic Alchemy

Oklo Inc. (NYSE: OKLO), an advanced nuclear technology company, has announced its intention to acquire Atomic Alchemy Inc., a provider of radioisotopes for non-medical applications, in an all-stock transaction. This strategic

Asktraders News Team