Latest News
ASOS Share Price Target Raised at Barclays & JP Morgan
Global financial services firms JPMorgan and Barclays have both updated price target on ASOS shares (LON: ASC), but it is not all as bullish as might seem at first glan

Card Factory Trading Update Reassuring, Valuation ‘Very Attractive’
Card Factory’s (LON: CARD) latest trading update has provided reassurance to investors, with the company expressing confidence in meeting its FY25 adjusted profit before tax expectations, according to Edison analyst Russell P

Qualcomm (NASDAQ: QCOM) Re-Engages in Server CPU Market
Qualcomm (NASDAQ: QCOM) is making a strategic move to re-enter the server CPU market, aiming to challenge the dominant players, Intel (NASDAQ: INTC) and AMD (NASDAQ: AMD). The company's previous attempt to penetrate this sect

Celanese Stock (NYSE: CE) Continues Decline as Analyst Cuts Price Target
Down more than 50% in the past 12 months, Celanese Corporation's stock (NYSE: CE) has had it's price target cut today. The Chemicals industry firm has fallen 0.5% on the day, as RBC Capital trim the stock from $88 to $84.

TotalEnergies Shares Rise as Firm See’s Increased Refining Margins
Paris-listed shares of oil major TotalEnergies (EPA:TTEF) are having a solid day, with an upwards move of 2.38% leading into the close. The rise follows the company’s announcement projecting an increase in its European refini

BNY Mellon Stock Earns Buy Rating with Raised Target
Bank of New York Mellon's stock price (NYSE: BK) has shed 0.72% today, fresh off highs as BofA Securities increased the financial giant's price target from $90 to $95, reaffirming a Buy rating on the shares. This bullish sent

Commvault (CVLT) Gains New Bullish Coverage as KeyBanc Sets Overweight Rating on Stock
KeyBanc have recently initiated coverage on Commvault Systems' stock (NASDAQ: CVLT), marking the firm with an Overweight rating and an encouraging price target of $192. Th

Evolent Health Stock Price (NYSE: EVH) Hit 52 Week Lows as Guidance Falls Short
Evolent Health's stock (NYSE: EVH) saw a stark decline in trading yesterday, ending the day down 10.82% at $9.97. Having earlier hit new 52 week lows at $9.93, the last 12 months have seen the bears firmly in charge with a de

Bunzl Shares Back to Buy After Recent Decline
Citi analysts said in a note this week that they have upgraded Bunzl (LON: BNZL) back to "Buy" following a recent downturn in its stock performance. [stock_market_widget type

Taylor Wimpey Stock Slides Despite 2024 UK Completions at Top End of Guidance
Taylor Wimpey (LON: TW.) shares dipped Thursday despite the company reporting UK home completions at the upper end of its guidance for 2024. [stock_market_widget type="chart"

TSMC Delivers Earnings Beat, Stock (NYSE: TSM) Moving Up
Taiwan Semiconductor Manufacturing's stock (NYSE: TSM) looks set for a bullish start to the day, as the world's leading semiconductor foundry, beat earnings expectations on top and bottom lines. EPS came in at NT$2.24 against

Persimmon’s Share Price Target Increased, Underperform Rating Maintained
RBC Capital adjusted its price target on Persimmon's shares (LON: PSN), raising the UK house builder from 1,275p to 1,325p. With the latest close at 1,173p after a 0.83% gain, potential upside to the new target is around 10%.

FTSE 100 Breaks 8,300 as Cooling Inflation Fuels Rate Cut Expectations
The FTSE 100 index witnessed a significant rise, climbing 99 points (+1.21%) to close the day a shade above 8,300, as inflation figures showed a slowdown for December

JPMorgan Beat’s Top and Bottom Lines in Q4 2024
JPMorgan Chase & Co (NYSE: JPM) released its fourth quarter financial results for 2024 today and beat on both top and bottom lines. Analysts were anticipating notable changes in both the company's earnings per share and r

Certara Surpasses Revenue Expectations in Q4
Certara's stock (NASDAQ: CERT) is up more than 5% on the day, as the firm reported preliminary fourth-quarter revenues that have exceeded market estimations. The reported

Intel to Spin-off Venture Capital Arm in Strategic Overhaul
Intel Corporation (NASDAQ: INTC) has announced its decision to spin-off its venture capital unit, Intel Capital, as the company seeks to streamline operations and reduce costs. This move comes amidst efforts to re-establish I

Hang Seng Index Leads Asian Markets on the Day, as KOSPI Set’s 2025 Pace
Asian stock markets have begun 2025 largely in negative territory, with Malaysia's KOSPI standing out as a notable gainer. Today's session delivered up largely muted trading, with some varying sentiment across certain markets

Leerink Reaffirms Confidence in Eli Lilly Despite Slow Mounjaro and Zepbound Sales
Eli Lilly has adjusted its revenue projections for the fourth quarter of 2024, revising the expected revenue to $13.5 billion. This figure is $400 million less than the company initially projected, a change largely attributed

ION Gains Approval for Algorithmic Trading on BSE
ION Markets has secured its registration as an Independent Software Vendor (ISV) for algorithmic trading on the Bombay Stock Exchange (BSE). This significant development al

PSP Investments Reduces Stake in D-Wave Stock (QBTS) as Analyst Doubles Price Target
The Public Sector Pension Investment Board (PSP Investments) has recently sold a substantial portion of its D-Wave Systems stock (NYSE: QBTS), signalling a strategic approach to the volatility being seen in the stock market.
