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B&M ‘Well-Positioned’ for Golden Quarter, Shares Gain

Discount retailer B&M (LON: BME) reported strong interim results for the 26 weeks to 28 September 2024, resulting in its shares gaining, making it one of the top performers in the FTSE 100 on Thursday.

Sam Boughedda
Meta Gears Up For In-App Ads and Defends in Antitrust Case

Meta Platforms (NASDAQ: META), formerly known as Facebook, is taking significant strides in both expanding its revenue streams and defending its business practices on the legal stage. Two major developments are at the forefro

Asktraders News Team
Cisco Stock Falls on Earnings Despite Mild Beat (CSCO)

Cisco's stock (NASDAQ: CSCO) is trading down in the pre-market, dropping 4.21% after coming off multi year highs, as earnings failed to get the bulls moving. In Cisco's fi

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Buffett’s Berkshire Continues Selling Spree

Warren Buffett's Berkshire Hathaway (NYSE: BRK.B) has been a dominant force in the investment world for decades, but recent trends show a striking pattern of stock sell-offs by the conglomerate.

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Aviva Shares Rally on ‘Very Strong’ Q3 Performance

Aviva (LON: AV.) shares jumped at the open on Thursday after the British insurer reported a "very strong" third quarter with double-digit growth in key metrics. [stock_market_

Sam Boughedda
FCA Widens Motor Finance Review, Posing New Risks for Lenders (CBG, LLOY)

The Financial Conduct Authority (FCA) has significantly expanded its review of the motor finance sector, a move that might expose lenders such as Close Brothers Group PLC and Lloyds Bank to a potential surge in compensation c

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Crypto Miners Miss On Revenue as BTC Bull Run Pauses For Breath (WULF, MARA, HIVE)

Despite an increase in revenue, three major publicly listed Bitcoin mining companies on Wall Street reported net losses in their third-quarter outcomes, highlighting the challenging environment even for top players in the cry

Asktraders News Team
Why is Rivian Up Today?

Rivian's stock price (NASDAQ: RIVN) has gained 20% in trading today, having retested the $13 level. But what is behind the sudden shift in momentum? In a strategic move und

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Spotify Posts Record Growth in Q3 2024 – New High Looms After PreMarket Gains

Spotify's stock (NYSE: SPOT) is a notable gainer in the pre-market session, adding 8.73% after the firm reported massive strides in user growth and financial strength for the third quarter of 2024. With an indicative opening

Asktraders News Team
Cava Group Stock Set To Open At New Highs As Outlook Improves

Cava Group's stock (NYSE: CAVA) is a notable pre-market mover, up 16% at new highs of $168.50 as earnings came in strong. The Mediterranean-inspired restaurant chain significantly uplifted its sales outlook, sending positive

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Flutter Shares Continue Setting Highs After Stellar Q3 Results

Flutter Entertainment shares (LON: FLTR) have continued to attract the bulls, as the premier gaming and betting company, witnessed its stock price hit another all-time high after outperforming in the third quarter. Flutter sh

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National Grid Target Upgraded as Shares Go Red YTD

National Grid shares (LON: NG), listed on the London Stock Exchange under the ticker NG have taken a dip this mornin

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MAGS ETF Hits New 52 Week High as Market Cap Grows

The world of exchange-traded funds (ETFs) continues to gain traction with traders and investors alike, and innovators such as Roundhill,

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GSK Downgraded as Shares ‘Continue to Languish’

GSK (LON: GSK) shares fell around 2% Tuesday on the back of a downgrade by one Wall Street investment bank, which noted that despite the positives, the stock "continues to languish."

Sam Boughedda
Smiths Group Raises Full-Year Revenue Guidance, Shares Surge

Shares of Smiths Group (LON: SMIN) surged Wednesday morning after the engineering group reported a strong first-quarter performance and raised its full-year revenue guidance.

Sam Boughedda
Hertz Stock Price Continues To Slide As Earnings Miss The Mark

Hertz Global (NASDAQ: HTZ), the renowned car rental company, experienced a challenging third quarter, with a wider-than-expected loss and revenues that did not meet analyst projections. The company's recent financial report u

Asktraders News Team
ON Holding AG Stock Price (NYSE: ONON) Hit’s New 52 Week High pm Earnings

ON Holding AG stock (NYSE: ONON) is trading up 0.61% following the disclosure of its third-quarter performance, which yielded a blend of achievements and setbacks. ONON's stock price has now gained 98.17% on a YTD basis, hit

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Shell Triumphs in Dutch Court Climate Appeal

Shell shares (LON: SHEL) have bounced 0.5% off the today's low, after a landmark decision, Royal Dutch Shell has won its appeal against a previous Dutch court ruling w

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Why Is AbbVie Stock Price Down (ABBV)?

AbbVie's stock price (NYSE: ABBV) came under pressure in trading to start the week on a loss of 10.85%, as data came in cold. The company had it's stock target slashed by Citi analyst Geoff Meacham, who adjusted the target do

Asktraders News Team
GSK Shares Make New 52-Week Low On Tough Morning For UK Markets

Shares of GSK (LON:GSK) hit a new 52-week low today, dipping to 1,352.86p, marking a disappointing last 6 months for the pharmaceutical giant, and holders of the stock. Since reaching 52 week highs in May,

Asktraders News Team
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