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Shell Nigeria Move Forward with Bonga North Oil Project

Shell shares (LON: SHEL) are down almost 1.5% today, as oil prices continue to show some weakness. Also today, Shell Nigeria Exploration and Production Company Limited

Asktraders News Team
Compass Group’s Price Target Seeing Bullish Analyst Sentiment

Analysts have been increasing their target price on Compass Group shares (LON: CPG) in recent weeks, with a notable raise from Berenberg pushing their target from 2,460.0p to 2,900.0p. The brokerage has highlighted several po

Asktraders News Team
HSBC Shares Continues To Make New 52 Wk Highs

HSBC Holdings shares (LON: HSBA) achieved a significant benchmark by reaching a new 52-week high during today's trading session. The shares hit 768.30p almost straight out of the gate, up from a previous close of 766.2, befor

Asktraders News Team
Macy’s Stock (NYSE: M) Gains Upgrade, with $20 Price Target

Macy's Inc. (NYSE: M) shares have experienced an uplift of 0.54% in this morning's pre-market following an upgrade from Gordon Haskett from Hold to Buy. A $20 price target has been established, indicating a potential upside o

Asktraders News Team
Moderna Continues To Slide YTD with Stock (MRNA) Down 62%

Moderna (NASDAQ:MRNA) made a big name for itself as a leader in biotechnology, particularly during the COVID period, where a vaccine pushed the company to significant highs. Off the back of this wave, Moderna's stock hit leve

Asktraders News Team
METLEN (MYTIL) Makes a Move For LSE Listing

METLEN Energy & Metals SA (ATHX: MYTIL) is taking significant steps to a listing on the London Stock Exchange (LSE). This move is aimed at diversifying METLEN’s geograp

Asktraders News Team
Down 30%, Is Uber Backing into Support?

Uber's stock price (NYSE: UBER) has fallen by a little over 30% from its highs in October, just 2 short months ago. The fall in UBER has coincided with the rise of Tesla (TSLA), as the robotaxi era is seen to be looming large

Asktraders News Team
UK Listed Takeovers Increasing at Pace

In 2024, UK takeover activities saw a significant uptick, with a total of £49 billion in recommended bids. This marks a substantial increase from £17.2 billion in 2023. The average deal value also surged, reaching £1.07 billi

Asktraders News Team
Saga Shares Jump On New Insurance Partnership and Sale of Underwriting Business

Saga (LON: SAGA) shares rallied more than 10% on Monday after the company announced a strategic partnership with Ageas and the sale of its underwriting business. [stock_market

Sam Boughedda
Greggs Shares ‘Have Been Oversold’

RBC Capital analyst Ross Broadfoot initiated coverage of Greggs (LON: GRG) with an Outperform rating and a 3,240p price target in a recent note.  [stock_market_widget type="ch

Sam Boughedda
Rivian Gaining Bullish Sentiment After Difficult Start To Public Life

Rivian Automotive (NASDAQ: RIVN), known for its electric pickups, SUVs, and delivery vans, has been on a mostly downwards path since going public over three years ago. The company's initial public offering (IPO) was at a pric

Asktraders News Team
SoundHound AI Hit’s New High on Strong Day For The Stock

SoundHound AI stock (NASDAQ: SOUN) has made a new all-time-high of $16.75, before steadying slightly at $16.20, up 18.47% on the day. The company has established itself as a leader in the speech and audio-related AI market. F

Asktraders News Team
Archer Aviation Stock See’s Two Target Upgrades On Day

Archer Aviation (NYSE: ACHR) experienced a significant increase in its share price following analyst upgrades by Canaccord Genuity, and Deutsche Bank. Canaccord's decision

Asktraders News Team
Costco Price Target (COST) Raised at Morgan Stanley

Morgan Stanley has increased its price target for Costco stock (COST) to $1,150 from the previous $950, maintaining an Overweight rating on the stock. This adjustment reflects the firm's confidence in Costco's strengthening b

Asktraders News Team
MoneyHero CFO Hao Qian to Step Down as EPS Outlook Moves Positive

MoneyHero's stock (NASDAQ: MNY) is moving up to the tune of 4.43% in the pre-market as the personal finance and digital insurance company has announced that Hao Qian, its Chief Financial Officer (CFO), will be stepping down f

Asktraders News Team
Relx Shares (LON: REL) Moving To Retest Breakout Territory?

Relx shares (LON:REL) have recently hit new all-time-highs at 3796.7p after previously encountering resistance at the 3,725 level. With highs under it's belt, the stock

Asktraders News Team
UK Government Reduces Stake in Natwest Under 10%

The UK government has announced a reduction in its ownership stake in Natwest Group. As of today, the government's stake now stands at 9.99%, down from a previous 10.99%. Despite the reduction, the government remains the larg

Asktraders News Team
Ashtead Results Highlight Ongoing Revenue Uncertainty

Ashtead's (LON: AHT) second-quarter fiscal 2025 results cast a shadow over its revenue outlook, leading Goldman Sachs to downgrade the equipment rental company from Buy to Neutral in a note this week.

Sam Boughedda
Kosmos Energy in ‘Very Preliminary’ Discussions with Tullow Oil Regarding Takeover

Kosmos Energy (NYSE: KOS) confirmed Wednesday that it is in "very preliminary" discussions with Tullow Oil (LON: TLW) over a potential all-share acquisition of the UK-based oil and gas company.

Sam Boughedda
FTSE 250 Dips as 100 Index Holds Firm on Mixed Day

The FTSE 100 index is clinging on to a green day, up 0.1% despite mixed economic developments globally. The FTSE 250 has gone the other way, losing 0.03% so far, and

Asktraders News Team
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