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Tesco Shares Have Risen 7.55% Since August. Are They a Buy?

The Tesco PLC (LON: TSCO) share price has risen by 7.55% from its mid-August lows to current prices and seems to be headed higher. The move higher has left many investors wondering whether the stock is a buy. In this article,

Simon Mugo
Aviva Share Price Rose 3.2% on £0.8Bn Singlife JV Stake Disposal

The Aviva plc (LON: AV) share price rose 3.20% after announcing that it was exiting its Singlife joint venture in a deal worth £0.8 billion. The company has agreed to sell its 25.9% stake in Singapore Life Holdings Pte Ltd (S

Simon Mugo
Mode Global Shares Rally 53% After Name Change to R8 Capital

The Mode Global Holdings PLC (LON: MODE) share price rallied 53% two days after announcing that it had successfully changed its name to R8 Capital Investments Plc. The announcement was made on Tuesday, 12 September 2023.

Simon Mugo
Oracle Stock Price Plunged 10% on Q1 FY2024 Results, Guidance

The Oracle Corp (NYSE: ORCL) stock price plunged 10.3% after announcing the financial results for the first quarter of its 2024 financial year. The company generated total revenues of $12.5 billion, up 9% in US dollars and 8%

Simon Mugo
Fevertree Share Price Fell 7.27% on H1 Results and FY Guidance

The Fevertree Drinks PLC (LON: FEVR) share price fell 7.27% after releasing the interim results for the first half of its 2023 financial year, which ended on 30 June 2023. The company registered 9% year-on-year revenue growth

Simon Mugo
hVIVO Share Price Surged 10% on H1 2023 Results and Guidance

The hVIVO PLC (LON: HVO) share price surged 10.3% after announcing its interim results for the six months ended 30 June 2023 (H1 2023). The company revealed that its revenues had increased 52% to £27.3 million, compared to £1

Simon Mugo
KEFI Minerals Share Price Rallied 17.5% on the Tulu Kapi Update

The KEFI Gold and Copper Plc (LON: KEFI) share price rallied 17.5% after revealing that it had gotten some rapid responses from the Ethiopian government regarding the various approvals needed to proceed with its Tulu Kapi Gol

Simon Mugo
Associated British (ABF) Shares Rose 6.17% on Pre-Close Update

The Associated British Foods plc (LON: ABF) share price rose 6.17% after releasing its pre-close statement for the financial year ending on 16 September 2023. The company revealed that its outlook for the current year was sli

Simon Mugo
Instacart IPO: The Grocery Delivery Firm Seeks a $9.3Bn Valuation

Grocery delivery firm Instacart is eyeing a $9.3 billion valuation at its upcoming IPO. The valuation was first leaked by a Sunday exclusive report by the Wall Street Journal, citing people familiar with the matter. The WSJ’s

Simon Mugo
Intel Corp (INTC) Stock Has Risen 11.3% in a Week – Here’s Why

The Intel Corporation (NASDAQ: INTC) stock price has risen 11.25% during the past week amid a slew of news from the company, including its planned $300 million deal with Tower Semiconductor. The company had previously announc

Simon Mugo
Here’s Why the Darktrace Share Price Is Up 10.3% in Two Days

The Darktrace PLC (LON: DARK) share price has risen 10.3% in the past two days, driven by yesterday’s upbeat final results for its 2023 financial year. The company generated revenues worth $545.43 million in 2023, marking a 3

Simon Mugo
Alibaba Stock Price Fell Premarket on the CEO’s Abrupt Departure

The Alibaba Group Holding Ltd - ADR (NYSE: BABA) stock price was trading slightly during premarket trading after announcing that its outgoing CEO, Daniel Zhang, would also be stepping down from his role as CEO and Chairman of

Simon Mugo
China’s Apple Ban Timing ‘Interesting’ – Here’s Why

Apple (NASDAQ: AAPL) shares have taken a tumble over the last few days following reports that government workers in China have been banned from using iPhones..

AskTraders Team
Direct Line (DLG) Share Price Surged 18% on H1 Report and Sale

The Direct Line Insurance Group PLC (LON: DLG) share price surged 18% after announcing that it signed an agreement to sell its brokered commercial insurance business lines to RSA Insurance Limited, a wholly-owned subsidiary o

Simon Mugo
USDJPY Falls on Disappointing US Nonfarm Payrolls, PBoC Move

The USDJPY currency pair was trading down over 76 pips, adding to yesterday’s losses as the Japanese yen rallied against the US dollar. The dollar’s decline today was driven by negative investor sentiment, which started yeste

Simon Mugo
Guild Esports Share Price Leapt 17.7% on Sky Glass Partnership

The Guild Esports PLC (LON: GILD) share price leapt 17.65% after announcing the appointment of Sky Glass, the streaming TV from Sky, as Guild's Official Television Partner, effective immediately. The news triggered a positive

Simon Mugo
Bushveld Minerals (BMN) Shares Surged 19% on SPR Investment

The Bushveld Minerals Limited (LON: BMN) share price surged 18.8% after announcing that it had entered into a binding term sheet with Southern Point Resources to provide it with funding worth US$69.5-US$77.5 million to provid

Simon Mugo
Vistry Shares Rallied 19.1% on H1 ’23 Results and Strategy Update

The Vistry Group PLC (LON: VTY) share price rallied 19.08% after releasing its half-year results for the six months to 30 June 2023 and providing an update on the group’s strategy. The company’s revenues increased 31.4%, reac

Simon Mugo
Why C3.ai (AI) Stock Edged Lower After Weak Q1 FY 2024 Results.

The C3.ai Inc (NYSE: AI) stock price edged lower today, extending yesterday’s losses after the release of its latest quarterly report. The company postponed its target profit date from Q4 2024 to a future date, saying that it

Simon Mugo
Marin Software (MRIN) Stock Rallied 46% on HubSpot Integration

The Marin Software Inc (NASDAQ: MRIN) stock price rallied 45.7% after announcing a new and innovative integration with HubSpot, which should improve the results performance marketers get when using the company’s software.

Simon Mugo
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