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KOSPI Dips Below 2,650 as Major Tech Names Pull Back

The KOSPI index gave up the 2,650 level in trading today, closing at 2645.27, down 9.31 points or 0.35%. Some profit taking after a 10.27% rise year-to-d

Asktraders News Team
Hims & Hers Stock Drops 25% Leading into Earnings, Remains in Uptrend

Hims & Hers Health stock price (NYSE: HIMS) took a big drop to end the last week, falling more than 25% on the day, as the FDA announced the end of a critical drug shortage. With the company set to report earnings today a

Asktraders News Team
Saudi Aramco’s Dividend Strategy Could Be Set For Shift as Share Price Returns To Listing Level

As the share price of Saudi Aramco (2222.SR) trades remarkably close to it's opening day value of 27.56, having fallen 13.77% over the past 12 months, a potential shift in strategy could be set to come into play.

Asktraders News Team
What to Expect from Earnings This Week (ZM, HD, TJX, NVDA, CRM, SNOW, DELL)

The last week of trading ended with markets pulling back sharply on Friday, with this week's big reports casting a shadow. Early indications in Monday's pre-market are for a green day, with the

Asktraders News Team
B&M Shares Drop: Lowers Guidance, CEO to Retire

B&M European Value Retail (LON: BME) shares fell more than 8% on Monday after the company lowered its full-year profit guidance and announced the retirement of CEO Alex Russo.

Sam Boughedda
Glencore ‘Could Deliver Self-Help Strategy to Unlock Value’

Goldman Sachs reiterated its Buy rating on Glencore (LON: GLEN) in a note last week but lowered its price target to 420p from 500p, following the company’s preliminary 2024 results. 

Sam Boughedda
Tempus AI Stock (NASDAQ: TEM) Down 20% From Highs Leading Into Earnings

Tempus AI's stock (NASDAQ: TEM) has been a significant outperformer on the index this year, despite a recent 20% pullback from highs. When accounting for the past few days' correction, the stock price remains an impressive 10

Asktraders News Team
Rivian Stock Moves Red YTD – Earnings Beat, Delivery Forecast Light

Rivian's stock has dropped 3.60% in trading today, flipping red on a YTD basis, as earnings beat the street. The decline comes as the company announced predicted vehicle deliveries for 2025 that fell short of analysts' expect

Asktraders News Team
Lloyds Shares Add 21% YTD, as Buyback Boosts Holders

Lloyds' share price (LON: LLOY) is up 1.37% in trading today, bringing the impressive year-to-date return to 21.33%, barely two months in. It is not all plain sailing

Asktraders News Team
BlackBerry’s Stock Comes Down From Double Up, Looking For Support Level

Having recently rallied to new 52 week highs of $6.24 on Tuesday, BlackBerry's stock (NYSE: BB) has more than doubled in a little over three m

Asktraders News Team
India to Modify EV Policy as Tesla Plans Market Entry

The Indian government is poised to amend its electric vehicle (EV) policy as Tesla, the U.S.-base

Asktraders News Team
Hilton Food Group Has Significant Potential in Central Europe: Shore Capital

Shore Capital said in a note this week that it recently visited Hilton Food Group's (LON: HFG) Central Europe Factory (HFCE), its manufacturing facility based in the Silesia region of Southern Poland.

Sam Boughedda
BP is a ‘Prime Ceasefire Beneficiary’

JPMorgan raised BP (LON: BP) from Underweight to Neutral this week, increasing its price target for the stock from 440p to 510p.  Analysts at the investment bank cited

Asktraders News Team
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
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