Skip to content
Latest News
Lenovo Stock Pulls Back From New Highs as Third-Quarter Revenue Jumps 20%

Lenovo Group shares (HKG: 0992) dropped 6.36% today, as the company reported a significant fiscal third-quarter revenue growth of 20% year-on-year, reaching $18.796 billion. This surpassed the analyst consensus estimate of $1

Asktraders News Team
KOSPI Winning Run Ends at Eight as Heavyweights Dip

The KOSPI index experienced a 0.65% decline today, putting an end to a run that had seen Korea's benchmark index gain for eight consecutive trading days.

Asktraders News Team
Alibaba Stock Hits 52 Week High on Strong Q3 Results and Expansion Plans

Alibaba shares (HKG: 9988) are up big today, gaining 8.53%, and setting a new 52 week high on the U.S market (NYSE: BABA) at $144.51. The jump

Asktraders News Team
Burberry Shares Gain 13% YTD, Company Set To Rejoin the FTSE 100?

Burberry's share price (LON: BRBY) has impressively added 13% since the start of the year, less than 2 months ago. This brings the rebound in the stock to more than 90% in less than 6 months from September lows.

Asktraders News Team
Iron Ore Futures Rise as Steel Demand Grows

Iron ore futures saw significant increases due to robust steel consumption in China. As the world's largest consumer of steel, China's demand has heavily influenced

Asktraders News Team
Microsoft Unveils New Quantum Chip, Sector Jumps

Microsoft (NASDAQ: MSFT) announced an advancement in the field of quantum computing by developing a new type of quantum chip powered by a novel state of matter. Thi

Asktraders News Team
Grab Holdings Stock Pulls Back, Analysts Adjust Positioning

Grab Holdings stock (NASDAQ:GRAB) is a notable pre-market decliner today, down 8.05% despite positive earnings report. The company in fact reported its first full year of positive group-adjusted EBITDA, yet the outlook was be

Asktraders News Team
Meta Platforms’ (NASDAQ: META) Rally Pauses For Breath

Meta Platforms Inc. (NASDAQ: META) recently concluded a mightily impressive 20 consecutive days of stock price rises. The rally, which ended on February 18, has see

Asktraders News Team
Zoo Digital Shares Plunge as Revenue, EBITDA Expected to Miss Expectations

Zoo Digital’s (LON: ZOO) share price plummeted by over 36% on Thursday after the company warned that revenues and EBITDA are expected to be below market expectations, despite an improved order book. In addition, dubbing reven

Sam Boughedda
Wise Share Price Target Cut But Analyst Remains Bullish

In a note to clients this week, Jefferies lowered its price target on Wise plc (LON: WISE) to 1,247p from 1,353p, maintaining a Buy rating on the stock.  [stock_market_widget

Sam Boughedda
Carvana Earnings Beat The Street, Stock Pulls Back From Fresh 52 Wk Highs

Carvana's stock price (NYSE: CVNA) has been on a tear in recent months, with a gain of 41% year-to-date being further dwarfed by the 440% gain in the past 12 months of trading. With earnings coming after yesterday's closing b

Asktraders News Team
Alibaba Dips Into Earnings. What To Expect Before The Opening Bell

Alibaba Group Holding Ltd. (HKG: 9988), the Chinese e-commerce behemoth, is poised to release its fiscal Q3 FY25 financial results before the

Asktraders News Team
Google Settles Italian Tax Case with €326 Million Payment

Alphabet's stock (NASDAQ: GOOGL) has gained 0.58% today as the company settled a tax dispute with Italian authorities, at a figure substantially less than had been

Asktraders News Team
Arista Networks Stock (NYSE: ANET) Falls 5% Despite Earnings Beat

Arista Networks stock (NYSE:ANET) is down 5.5% today following the release of quarterly earnings that came in above expectations on both top and bottom lines. The company reported earnings per share (EPS) of $0.65, outpacing

Asktraders News Team
Occidental Petroleum Stock (NYSE: OXY) Gains Despite Q4 Revenue Miss

Occidental Petroleum's stock price (NYSE: OXY) has gained 6.24% through the first half of trading today, as the company announced mixed fourth-quarter results. The print revealed Occidental beat substantially on earnings per

Asktraders News Team
KOSPI Index Stretches Winning Streak To 7 With Push Above 2,670

The KOSPI index stretched it's winning streak to seven, with a close of 2,671.52 making a solid 1.7% gain on the day. This upward trend was notably drive

Asktraders News Team
FTSE 100 Hit’s Low of The Week as UK Inflation Jumps

The FTSE 100 is trading down 0.61% today to make the lowest point of the week, as several significant corporate developments coincided with a rise in UK inflation. The headline index dropped by 53.38 points to 8,713, with Gle

Asktraders News Team
Glencore Shares Slide After Reporting 2024 Profit Decline

Glencore’s (LON: GLEN) share price fell after the commodities giant reported a 16% drop in adjusted EBITDA for 2024, driven by lower energy coal prices.  The company s

Sam Boughedda
Jet2 Shares Plunge as Profit Margins Could ‘Come Under Some Pressure’

Jet2 (LON: JET2) shares fell sharply Wednesday after warning profit margins may face pressure in the year ahead due to cost headwinds and a later booking profile. [stock_marke

Sam Boughedda
Bright Horizons Price Target (NYSE: BFAM) Boosted

In a recent evaluation from BMO Capital, Bright Horizons Family Solutions Inc. (NYSE: BFAM), a leading provider of childcare and early education, back-up care, and workforce education solutions, has been given a vote of confi

Asktraders News Team
Analysis Stocks Markets Strategies