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Nvidia Earnings Beat Consensus, Stock Pulls Back on Outlook

Asian semiconductor stocks felt the shockwaves of Nvidia's recent earnings announcement, which fell short of some investors' lofty expectations, despite beating on top and bottom lines. After the release of earnings,

Asktraders News Team
Sainsbury Shares a Buy, Tesco at Neutral – RBC Capital

UK supermarket giant Sainsbury (LON: SBRY) was on the receiving end of positive commentary from analysts at RBC Capital this week, while its counterpart Tesco (LON: TSCO) was assigned a more cautious rating by the bank.

Sam Boughedda
CICC Sets $60 Target for On Holding AG

Shares of On Holding AG (NYSE: ONON) have witnessed an ascent today, currently up 3.71% at $53.40. CICC's endorsement with an Outperform rating and a significantly optimistic $60 price target underscores growing confidence in

Asktraders News Team
Ryanair a Top Pick, IAG to Benefit From Tight Capacity in London

Bernstein analysts pointed to Ryanair (NASDAQ: RYAAY) and

Sam Boughedda
BMO Capital Maintains Bullish Stance on Silence Therapeutics

Silence Therapeutics plc (NASDAQ: SLN), trading on Nasdaq exchange under the ticker SLN, experienced a substantial 38.34% drop in stock price following updates from the American Heart Association (AHA). The stock plunged from

Asktraders News Team
AppLovin Soars on Wall Street Upgrade

In a recent financial update, AppLovin Corporation (NASDAQ: APP), a company specialising in mobile app development, has reported impressive quarterly results that have attracted an upgrade from Wall Street analyst Jonathan Ke

Asktraders News Team
Palantir Heads for Nasdaq-100 Amidst Soaring Valuation

After a year that has seen its stocks climb by an impressive 269.66% year to date, Palantir Technologies Inc. (NYSE: PLTR) is poised to potentially join the coveted ranks of the Nasdaq-100. This leap in stock value comes on t

Asktraders News Team
Netflix Knocks Out Cable TV with Tyson Match Live Stream

In an unprecedented move, Netflix has successfully live-streamed the much-anticipated Tyson boxing match, captivating a massive audience of 60 million viewers. This event signifies a groundbreaking moment in Netflix's live ev

Asktraders News Team
Symbotic Shares Soar 25.33% on Q4 Profit

In a notable surge, shares of the U.S.-based robotics company Symbotic (NASDAQ:SYM) climbed 25.33% during Tuesday's premarket trading. The significant jump in share price was triggered by the company's financial performance,

Asktraders News Team
Trump Media Moves to Diversify with Bakkt Deal (DJT, BKKT)

In the ever-evolving world of digital assets and cryptocurrencies, a key acquisition is signalling potential shifts in market dynamics. Trump Media & Technology Group Corp (TMTG), holding a majority share by former Presid

Asktraders News Team
Berenberg Increases Mosaic Price Target to $32

In today's trading session, The Mosaic Company's (NYSE: MOS) stock has seen a decline of 2.16%, with the current price at $25.81. This price movement represents a substantial deviation from the previous close of $26.38, direc

Asktraders News Team
Avon Technologies Shares Surge on ‘Record Order Book’

On Tuesday, Avon Technologies (LON: AVON) announced strong preliminary results for the year ended 30 September 2024, sending its shares higher. [stock_market_widget type="char

Sam Boughedda
Revolution Beauty Shares Decline as Revenue Drops 20% in H1

AIM-listed Revolution Beauty Group (LON: REVB) announced its interim results for the six months ended 31 August 2024, sending its shares lower after revealing a significant decline in revenue and gross profit.

Sam Boughedda
Revolut UK Trading Offering To Expand as License Secured

Revolut, one of Europe's leading fintech companies, has secured a significant milestone in its expansion efforts. The company has received approval from the British financial regulator for a UK trading license which enables R

Asktraders News Team
Shein Shares Listing Soon? Firm Targets £50 Billion London IPO

Global fashion giant Shein is planning a significant debut on the London Stock Exchange with a £50 billion initial public offering slated for Q1 2025. Amid a climate of ec

Asktraders News Team
Super Micro Stock Bounces (SMCI) as Firm Moves to Fend Off Delisting

Super Micro Computer (SMCI) has revealed a proactive step it is taking in the face of potentially severe consequences on the stock market. The company is preparing to file a plan with the

Asktraders News Team
What To Expect From Nvidia Earnings (NVDA)

Nvidia (NASDAQ: NVDA), a titan in the world of AI chips and data center solutions, is poised to deliver its Q3 earnings report tomorrow. The company is expected to announce an 84.4% earnings growth of $0.75 per share, signifi

Asktraders News Team
Hims & Hers Stock Tumbles Amid Amazon Telehealth Push

Hims & Hers Health stock (NYSE: HIMS), a company known for its direct-to-consumer telehealth and wellness offerings, plummeted 26.68% last week. This significant drop occurred in the wake of tech and e-commerce behemoth A

Asktraders News Team
EU Hits Meta with $840 Million Antitrust Fine

The European Union has issued a significant financial penalty to Meta, the parent company of Facebook, amounting to $840 million. The fine was imposed for Meta's non-compliance with the EU's strict antitrust laws pertaining t

Asktraders News Team
Cisco Targets $70 Price with Strategic Growth and Acquisitions

Argus Research has issued a buy recommendation on Cisco Systems, Inc. (NASDAQ: CSCO) with a 12-month price target of $70. This forecast suggests a significant potential upside from its recent close at $57.92. This optimism st

Asktraders News Team
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