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Anglo American Stock Rises After Agreeing Sale of Interest in Jellinbah

Anglo American (LON: AAL) saw its stock price rise more than 1% Monday after the announcement of an agreement to sell its 33.3% minority interest in Jellinbah Group Pty Ltd to Zashvin Pty Limited for A$1.6 billion (approximat

Sam Boughedda
ASTS a Beneficiary of Pentagon’s Boosted Satellite Program

In a significant move, the Pentagon has announced a substantial budget increment for its 'Proliferated Low Earth Orbit (PLEO) Satellite-Based Services' military program, from the previously agreed upon ceiling of $900 million

Asktraders News Team
Thames Water Secures £1.5 Billion Rescue Plan

In a significant financial development for Britain's largest water and wastewater company, Thames Water, a creditor group has put forth a £1.5 billion funding lifeline. As the company navigates its way through financial diffi

Asktraders News Team
Burberry Shares (BRBY) Surge Amid Moncler Takeover Rumors

British luxury fashion retailer Burberry shares (LON: BRBY) soared today amid speculative whispers of a potential takeover bid by the French luxury brand Moncler. Burberry's share price is up 6.48% at 864.60 as the day comes

Asktraders News Team
Abbott Labs Stock Price Target Hike – Closing In on 52 Wk High

Following a favourable outcome in a recent necrotizing enterocolitis (NEC) lawsuit, Barclays has maintained an Overweight rating on Abbott Laboratories (NYSE: ABT) and has raised its price target from $143 to $149. This legal

Asktraders News Team
Nvidia Joins DJIA, Intel Slips Out as Markets Prep for Election, Fed Move

Financial markets are poised for a week filled with potential shakeups as a significant change is occurring in the Dow Jones Industrial Average with Nvidia (NVDA) set to

Asktraders News Team
Berkshire Hathaway Reduces Apple Stock Holding

In a move that has caught the attention of market commentators, Berkshire Hathaway, the enterprise led by renowned investor Warren

Asktraders News Team
FTSE 100 Reclaims 8,200 as Index Led by Oil & Bank Shares

The London stock market has started the week in bullish fashion, with the benchmark FTSE 100 Index up by 0.6% to reach 8,225 points. Having briefly lost the 8,200 lev

Asktraders News Team
Reckitt Benckiser Share Price (LON: RKT) Target Lowered After Recent Rally

Reckitt Benckiser share price (LON: RKT) trades mildly red to start the week, losing 0.36% as the battle to regain the 5,000 level continues. According to a price targe

Asktraders News Team
Qifu Technology’s Stock (QFIN) Gains Price Target Boost from BofA

Qifu Technology stock (NASDAQ: QFIN) listed on the Nasdaq under the ticker symbol QFIN, are currently trading at $32.40 , down marginally by 0.55% in the pre-market ses

Asktraders News Team
Smith & Nephew Shares Continue Lower as Analysts React to Q3 Report

Smith & Nephew (LON: SN.) shares continued to edge lower Monday, currently down around 0.6% after plunging last week in reaction to its third-quarter trading report. Th

Sam Boughedda
AXT Stock Price Continues to Face Downward Pressure

AXT's stock price (NASDAQ:AXTI) is a notable faller on the NASDAQ today, down 13.78% at a price of $2.22, a notable decline from the previous close of $2.58 and brings t

Asktraders News Team
European Airline Shares: Analysts Make Buy/Sell Calls (IAG, EZJ, WIZZ)

In a note to clients this week, analysts at Jefferies initiated coverage of European Airlines, including IAG, Wizz Air and EasyJet, offering contrasting views on the stocks.

Sam Boughedda
Peloton Stock (PTON) Makes New 52 Wk High, Price Action Outpaces Analyst Hikes

Peloton's stock (PTON) was a big gainer on the NASDAQ Thursday, adding 27.82% and hitting a new 52 week high on a downward day for the broader market. The American exerc

Asktraders News Team
Analysts Bullish on Uber’s Growth Despite Pullback (UBER)

Goldman Sachs reiterated its confidence in Uber Technologies Inc (NYSE: UBER), highlighting the company's potential for growth and future profitability. The prestigious financial institution maintained a Buy rating on Uber's

Asktraders News Team
Parkland Stock Continues To Slip as Firm Slashes Profit Outlook

Parkland Corporation (TSE: PKI), a prominent player in the fuel retailing sector, announced a significant cut in its profit guidance for 2024, causing its stock to fall 4.23% through Thursday's session. The YTD performance fo

Asktraders News Team
Amazon Earnings See’s Stock Up Big Pre-Market With 52 Week High In Sight

Amazon.com Inc has reported third-quarter earnings that surpassed Wall Street's expectations, predominantly fuelled by robust retail sales. This positive financial revelation triggered an immediate response in the stock marke

Asktraders News Team
Why Is SuperMicro’s Stock (SMCI) Continuing To Drop?

If you hadn't checked on Super Micro Computer's stock price (NASDAQ: SMCI) in a while, you could be forgiven for taking a sharp breath in surprise, with the stock having fallen 42% in two trading sessions, and trading down an

Asktraders News Team
Reckitt Benckiser Clears Legal Hurdle, Share Price Jumps And Reclaims 5,100

Reckitt Benckiser Group's share price (LON: RKT) experienced a notable jump this morning, adding 8.88% and recapturing the 5,100 level following the company's vindication in a lawsuit concerning their baby formula products. T

Asktraders News Team
Boohoo Appoints New CEO, It’s Not Mike Ashley

On Friday, Boohoo Group (LON: BOO) announced the appointment of Dan Finley as its new Chief Executive Officer, not bowing to pressure from Frasers Group to appoint Mike Ashley.

Sam Boughedda
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