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Markets Looking To Bounce Back From Downward Week

U.S. indices are indicating an upwards start to the week, after experiencing a significant pullback to end the past week. The S&P 500 Index (INDEXSP: .INX) closed Friday with a 1.32% decline, down 2.30% on the week, as th

Asktraders News Team
Boohoo Shares Dip: Raises Approximately £39.3 Million

Online fashion retailer Boohoo Group (LON: BOO) revealed Monday that it has successfully raised approximately £39.3 million through a combination of a placing, subscription, and retail offer.

Sam Boughedda
Halma Acquires Lamidey Noury Medical in £42m Deal

On Monday, Halma (LON: HLMA) announced the acquisition of Lamidey Noury Medical in a £42 million deal. Lamidey Noury, a French medical device company, specialises in advanc

Sam Boughedda
Taiwan Semi To Receive $1 Billion CHIPS Act Funding By Year-End (NYSE: TSM)

In a landmark move for the semiconductor industry and U.S. technological advancement, the White House has confirmed the finalization of a significant $6.6 billion CHIPS Act grant to Taiwan Semiconductor Manufacturing Co. (TSM

Asktraders News Team
Applied Materials Stock (AMAT) Drops in Pre-Market as Outlook Disappoints

Applied Materials stock (NASDAQ: AMAT) is a big downside mover in the pre-market session, losing 8.39% on the back of recent earnings. The leading supplier of equipment, se

Asktraders News Team
Samsung Electronics’ Stock Bounces Off Multi Year Lows (KRX: 005930)

Samsung Electronics' stock price (KRX: 005930) witnessed a big bounce off recent lows. surging off the 50,000 level to gain 7.21% to end t

Asktraders News Team
Rio Tinto Advances Decarbonisation with GravitHy, Shares Up Early

In a significant move to contribute to the decarbonization of steelmaking in Europe, global mining leader Rio Tinto has forged definitive agreements with GravitHy, an early-stage industrial company. This collaboration is desi

Asktraders News Team
FTC Set to Probe Microsoft’s Cloud Practices

Microsoft's stock (NASDAQ: MSFT) was a rare gainer on the Nasdaq yesterday, adding 0.40% as the index fell by 0.66%, but the news on the day was not all positive.

Asktraders News Team
Apple in £3 Billion U.K. iCloud Lawsuit

Apple Inc. is embroiled in a legal battle in the United Kingdom as it faces a lawsuit amounting to £3 billion ($3.78 billion) over claims of anti-competitive practices linked to its iCloud services. A U.K. consumer rights gro

Asktraders News Team
AstraZeneca Q3: Company Has ‘Solid Momentum’

AstraZeneca's (LON: AZN) third-quarter report highlighted what analysts at Goldman Sachs are calling "solid momentum" in the pharmaceutical giant's financial and pipeline performance.

Sam Boughedda
Marks & Spencer: 5 Key Takeaways From Its Capital Markets Day

Marks & Spencer (LON: MKS) hosted its Capital Markets Day in London this week, outlining its plans for growth and efficiency. Following the event, Citi analysts shared five key takeaways:

Sam Boughedda
Tapestry and Capri Holdings Scrap $8.5 Billion Merger – TPR Stock Bounces on News

Tapestry, Inc. (NYSE: TPR), a leading New York-based house of modern luxury accessories and lifestyle brands, and Capri Holdings Limited (NYSE: CPRI), a global fashion luxury group, have mutually decided to terminate their pr

Asktraders News Team
FTSE 100 Index Bounces off 8,000 To Break Recent Losing Streak

The FTSE 100 index has exhibited a positive trend as it trades up 39 points, or +0.49% entering the closing hour. This comes after a couple of days of declines on th

Asktraders News Team
JPMorgan Sets Higher Ambitions for Mitra Keluarga Shares (MIKA)

In a notable shift of perspective, JPMorgan has upgraded Mitra Keluarga (IDX: MIKA) to "Overweight" from "Neutral," earmarking a higher trajectory for the healthcare provider's stock. This bullish amendment comes with a new p

Asktraders News Team
Unilever Explores Sale of Select Dutch Brands

Unilever (LON: ULVR), a global consumer goods powerhouse, is reportedly considering the sale of several of its Dutch food brands as part of a broader strategic overhaul led by its Chief Executive Officer Hein Schumacher. The

Asktraders News Team
Tech Industry Braces for Policy Shifts as Trump Returns

With President-elect Donald Trump poised to re-enter the White House, the United States' technology sector is on the edge of significant change. Industry leaders across the board, including influential figures like Elon Musk

Asktraders News Team
AO Smith Stock Price (NYSE: AOS) Hits New 52 Wk Low

In a recent turn of events that has market watchers and investors talking, A.O. Smith Corporation (NYSE: AOS), a major player in the water heating and treatment industry, saw its shares plummet to a 52-week low, registering a

Asktraders News Team
China’s Gigawatt Offshore Solar Plant A World First

In an impressive leap forward in renewable energy, China has announced the launch of the world's first gigawatt-scale offshore solar photovoltaic project. Situated off the coast of Dongying City, Shandong Province, this groun

Asktraders News Team
KOSPI Ends Mildly Green, As KOSDAQ Retreats

In today's trading session, the Korea Composite Stock Price Index (KOSPI) witnessed a modest gain, closing at â‚©2,418.86 on a mixed day f

Asktraders News Team
AMD Up In PreMarket, as Firm Cuts Workforce Amid AI Shift

AMD's stock price (NASDAQ:AMD) has fallen 15.71% in the last month of trading, as markets have broadly taken off in a bullish direction, leaving questions to be answered.

Asktraders News Team
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