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Peloton Stock Tumbles as Analyst Warns Online Growth is Slowing

Shares of Peloton Interactive (NASDAQ: PTON) tumbled Wednesday after Morgan Stanley analysts warned that web traffic trends point toward

AskTraders Team
Alibaba Falls 6% as SoftBank Sells $7B+ Worth of Shares

Hong Kong-listed Alibaba shares dropped nearly 6% on Thursday after the Financial Times reported the Japanese investment giant SoftBank sold billions worth of BABA shares recently.

AskTraders Team
Imperial Brands On Track to Meet Full-Year Guidance

Imperial Brands (LON: IMB) shares have dipped almost 2% Thursday, although the company said it is on track to meet its full-year guidance of growing revenue and operating profit.

Sam Boughedda
Darktrace Shares Edge Higher Following Q3 Update Despite Macroeconomic Concerns

Cybersecurity firm Darktrace (LON: DARK) announced its results for the third quarter ended March 31 on Thursday, helping to lift its shares around 1% higher as the company pointed to its "resilient business model" helping to

Sam Boughedda
Tesco Shares Rise Despite Falling Profits

Tesco (LON: TSCO), the UK's largest supermarket chain, has reported a 40.4% fall in operating profit in its preliminary results for 2022/23.

Sam Boughedda
Stocks Reverse Early Gains Despite Softer Inflation Data

U.S. stocks are trading modestly higher on the day despite a pre-market rally that saw S&P 500 futures post fresh 8-week highs on the back of the softer-than-expected inflation data for March.

AskTraders Team
Why Did Cirrus Logic (CRUS) Stock Tumble Today

Cirrus Logic Inc. (NASDAQ: CRUS) shares are trading more than 10% lower on Wednesday after a respected tech analyst warned that Apple could abandon some features in its new iPhone 15, therefore impacting suppliers’ demand pla

AskTraders Team
Tupperware Brands Tumbled This Week – Here’s Why

Tupperware Brands Corporation (NYSE: TUP) shares plunged nearly 50% on Monday after the company warned that it could go out of business if it doesn't secure additional financing.

Sam Boughedda
Tekcapital Shares Jump as Innovative Eyewear Files Patent For ChatGPT-Enabled Smart Eyewear

Tekcapital (LON: TEK) shares jumped Wednesday after Innovative Eyewear (NASDAQ: LUCY; LUCYW) announced it has filed a new patent application for ChatGPT-enabled smart eyewear.

Sam Boughedda
De La Rue Shares Tumble as Bank Note Demand Weakens

De La Rue (LON: DLAR) shares plunged more than 30% in early Wednesday trading after it warned that the demand for bank notes is significantly low, impacting the company's full-year adjusted operating profits.

Sam Boughedda
Moderna (MRNA) Stock Testing Near-term Support as Initial Flu Vaccine Data Disappoints

Shares of Moderna Inc. (NASDAQ: MRNA) fell more than 6% Tuesday after the biotech firm said its flu vaccine candidate did not accumulate enough data to declare early success.

AskTraders Team
Coinbase (COIN) Gains as Bitcoin (BTC) Price Tops $30,000

Shares of cryptocurrency-focused stocks are trading higher Tuesday, 11th April, after Bitcoin (BTC) rallied to top the $30,000 handle for the first time since last June.

AskTraders Team
Netflix Q2 Estimates Face Risk From Paid Sharing – JPMorgan

Netflix (NASDAQ: NFLX) shares have edged slightly higher Tuesday despite JPMorgan analyst Doug Anmuth telling investors in a note that he sees a risk to second-quarter estimates from paid sharing.

Sam Boughedda
Analyst Expects Chewy Shares to Rise Based On ‘Dominant Position’

Chewy (NYSE: CHWY) shares are moving higher Tuesday after JMP Securities analyst Nicholas Jones initiated the stock with an Outperform rating and a $50 per share price target.

Sam Boughedda
Tesco Shares: Analysts Positive Ahead of 22/23 Preliminary Results

Tesco (LON: TSCO) shares are up over 1% Tuesday, ahead of the release of its preliminary results for 2022/23 on Thursday, April 13. Investors will be watching closely to see how the British supermarket chain has fared in the

Sam Boughedda
Cineworld Shares Drop Further as Cinema Chain Files Restructuring Plan in US

Cineworld (LON: CINE) shares tumbled further on Tuesday after the company filed a plan of reorganisation with the United States Bankruptcy Court for the Southern District of Texas, Houston Division.

Sam Boughedda
USDCAD Rises As the CAD Fell Despite Upbeat March Jobs Data

The USDCAD currency pair was trading up over 19 pips as the US dollar rallied against the Canadian dollar despite the release of upbeat Canadian jobs data in the North American session. Canada added 34,700 jobs in March, beat

Simon Mugo
Why Palantir Stock Fell After Expanding US Government Contracts

The Palantir Technologies Inc (NYSE: PLTR) stock price fell 4.4% after announcing that it had expanded its strategic partnership with Microsoft’s cloud computing platform to government contracts. Investors sold Palantir share

Simon Mugo
Tesla Stock Is Up 56.6% YTD Despite Musk’s Actions. What’s Next?

The Tesla Inc (NASDAQ: TSLA) stock price has risen 56.6% this year amid a rebound in investor risk appetite and renewed confidence in the company’s prospects as Elon Musk’s Twitter acquisition fades into the background. Howev

Simon Mugo
Helium One Shares Rallied 6.45% After Drill Rig LOI With SOFORI

The Helium One Global Ltd (LON: HE1) share price rallied 6.45% after revealing that it had signed a Letter of Intent (LoI) with SOFORI, a Tunisian Drilling Contractor, to provide the Drillmec HH102 oil and gas rig for the com

Simon Mugo
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