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Petrofac Shares (PFC) Tumbling Today, -27% As Talks with Lenders to Restructure Debt Ongoing

Petrofac (LON: PFC) provided an update today on its ongoing efforts to address its financial situation. The company said it is actively engaged in discussions with various stakeholders as part of a strategic and financial rev

Sam Boughedda
Inchcape to Sell UK Retail Operations to Group 1 for £346m

Automotive company Inchcape (LON: INCH) announced the sale of its UK retail operations to Group 1 Automotive UK Limited in a cash deal worth approximately £346 million. The move is said to align with Inchcape's strategy to fo

Sam Boughedda
SoundHound AI Shares (NASDAQ: SOUN) Get Analyst Upgrade, Win Big On The Day

SoundHound AI shares (+5.76%) were one of the big winners on Thursday, as the stock looks to turn around sentiment after what has been a pretty horrible last month, having shed almost half of its' value in that time.

Asktraders News Team
WOSG Shares Down 46% This Year, Here’s Why

Watches of Switzerland (WOSG) shares have plunged a staggering 46% so far in 2024, leaving investors wondering if and when it can recover.

Sam Boughedda
SoFi Shares(NASDAQ: SOFI) Dip Again – Citi Price Target Almost 50% From Here

SoFi Technologies' (NASDAQ: SOFI) shares have fallen 1.46% in the pre-market today, after shedding 4.18% on Wednesday. It's financials present a paradox for growth-focused investors.

Asktraders News Team
Tesla Aims for a Reversal – Shares Red Again, Long Term Holders Have Different Viewpoint

The electric vehicle (EV) pioneer, Tes

Asktraders News Team
Darktrace Lifts Guidance After Returning to Growth – Shares Up 6% In Early Trading

Cybersecurity firm Darktrace (LON: DARK) raised its annual revenue and margin forecasts for the third time this year after the company's third-quarter revenue rose 26.5%. DARK shares soared on open, pushing their way up to 47

Sam Boughedda
Tesco Shares (TSCO) 5.94% Up : Positive Earnings Turns The Stock Green For 2024

Tesco shares (LON: TSCO) are up 5.94% as we enter the last hour of the trading day, after reporting its full-year 2023/2024 earnings Wednesday. A return to positive volume growth has been very well received by markets, gettin

Sam Boughedda
Tilray (TLRY) Earnings Miss – Diversifies Revenue But Analyst Targets Dropped

Despite Tilray Brands shares (NASDAQ:TLRY) still possessing a 20.96% monthly upside, earnings expectations for the third quarter were missed, and the stock is down 31.75%+ over the last week.

Asktraders News Team
Escalating US Inflation Concerns Dampen Market Optimism, VIX Trading Higher

The S&P 500 index experienced a volatile trading session, ultimately losing 0.95% after dipping hard straight out of the g

Asktraders News Team
Deliveroo Shares Are Rising – Here’s Why Analysts Are Bullish 

Deliveroo (LON: ROO) has impressed investors by increasing its revenue and growing steadily despite the challenging economic conditions. This growth has helped push its shares 13% higher over the last month. 

Sam Boughedda
Boeing Faces Turbulent Skies as Deliveries Plunge 36% – Share Price Below $175

Boeing shares (NYSE:BA) continued to nose dive yesterday, with their share price dipping 1.96% to sit on a year to date return of -30.64%. If it seemed like the news surro

Asktraders News Team
Today In Markets – FTSE100 & 250 Up, Tesco Shines, US CPI Print Causes Concern Stateside

In a dramatic day of trading, London's premier stock index, the FTSE 100, managed to carve out gains, closing at 7,961—a modest ascent of 26.42 points (0.33%). The blue-chip gauge saw a turbulent session, initially gearing to

Asktraders News Team
BlackBerry Shares (NYSE: BB) A Big Winner Tuesday, AMD Partnership Boosts Sentiment

BlackBerry shares (NYSE: BB) were one of the big winners on Tuesday, soaring 7.64%, as the stock aims to turn around what has be

Asktraders News Team
Vedanta Shares (VEDL) Soar 6.86%, Hitting 52Wk Highs on CLSA Upgrade

Vedanta shares (NSE: VEDL) have increased by 6.86% today, closing out the day at 361.20 INR. The Indian multinational mining conglomerate, surged 7.7% to hit a 52 week high of 369.65 following a substantial upgrade from broke

Asktraders News Team
Google Powers Up Cloud Competition with Cutting-Edge Arm-Based Server Chips

Google's (NASDAQ: GOOG) share price has increased by 0.61% in the pre-market, adding to the 1.28% gain seen in yesterday's session on the back of news. An ambitious venture to launch its own custom-built Arm-based server chi

Asktraders News Team
Microsoft and NetEase Team Up to Reignite Gaming Passions in China

Microsoft Corp's (NASDAQ: MSFT) share price added 0.40% yesterday as the news of a landmark partnership with China's NetEase Inc (HKG:9999 up almost 1% today) hit markets. The ripples through the

Asktraders News Team
Vistry Group Shares Up 29% YTD – Strikes Deals to Deliver 1,000 Mixed-Tenure Homes

In news today, housebuilder Vistry Group said that it has agreed two deals with Homes England to deliver 1,000 mixed-tenure homes. Vistry Group share price (LON: VTY) has reacted positively to the news, and is up 0.94% throug

Sam Boughedda
Alibaba Shares (NYSE: BABA) End Day +1.78%, Its’ Hong Kong Listed Shares Soaring

Alibaba shares (NYSE:BABA) ended Tuesday in the green to the tune of 1.78%, but since US markets closed, there has been a memo released that has sent waves of excitement through the Hong Kong listed shares (9988-HK), up 5% th

AskTraders Team
Shell Shares Up (LON:SHEL) – CEO Mulls Shift from London to New York Amid Valuation Concerns

Shell shares (LON:SHEL) have added 0.83% so far today, amidst news that may jolt the UK financial markets.

AskTraders Team
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