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Wolfspeed (WOLF) Sees Surge in Volume On Stock and Options Trading

Wolfspeed, Inc. (NYSE:WOLF) caught the attention of the market on Wednesday with a significant surge in options trading, and a marked increase in volume. Investors snapped up 20,645 call options on the company—a 10% increase

Asktraders News Team
TSMC (NYSE: TSM) Beats On Earnings, Apple Chips Move Into Production

Today's TSM earnings have come in above expectation, with the consensus EPS of NT$11.52 being surpassed by an impressive margin, at NT$12.54. The firm also delivered on reve

Asktraders News Team
Rivian Stock Price Target Lowered (RIVN), Potential Upside Remains

Rivian's stock (NASDAQ: RIVN) has given holders little to cheer through 2024, with a decline in price of 51.47% YTD keeping the stock toward lows. After what appeared to b

Asktraders News Team
What Is Happening With 23andMe Stock Price (ME)?

Those following the stock price of 23andMe (NASDAQ: ME) will have noticed a significant shift in price, to the tune of 20x. This has not come with an expansion of market cap, but is the result of a restructure.

Asktraders News Team
Nuclear Stocks Soaring as Amazon Next To Invest in Energy (NNE, SMR, OKLO)

Nuclear energy stocks surged after Amazon Web Services (AWS) unveiled plans to invest over $500 million in nuclear power. The tech giant's foray into nuclear energy is part of its broader commitment to achieving net-zero carb

Asktraders News Team
British American Tobacco Stock Moves Up As Firm Unveils Velo Plus

British American Tobacco's stock price (NYSE: BTI) has gained 1.3% in trading today, bringing the YTD increase to 20% as a new product is set to hit the market next year. T

Asktraders News Team
LVMH Stock Price Hits New Low On Results Miss

Shares of LVMH Moët Hennessy Louis Vuitton (EPA: MC), the world's leading luxury products group, experienced a significant fall after the company reported sales that fell short of forecasts for the third quarter. This news ha

Asktraders News Team
Persimmon Shares (LON:PSN) Closing In On New Highs

In recent months, holders of Persimmon shares (LON: PSN) have witnessed a noteworthy increase in the company's price, which has added a further 2.8% in trading today, to bring YTD gains to an impressive 23.98%. The UK-based h

Asktraders News Team
HSBC Sets $100 Price Target for Estee Lauder

Estee Lauder (NYSE: EL), the prestigious beauty company, has experienced a shift in financial outlook according to HSBC analyst Erwan Rambourg, who issued a new rating on the company's stock. HSBC has downgraded Estee Lauder

Asktraders News Team
Tesla’s Berlin Factory Set for Massive Expansion

Tesla (NASDAQ: TSLA), the renowned electric vehicle manufacturer, has received the green light from German environmental authorities for an ambitious expansion of its Berlin-area factory. This approval is a critical developme

Asktraders News Team
Stellantis Reports Downturn in Q3 Shipments

Stellantis (NYSE: STLA), the automotive conglomerate, has released its consolidated shipment estimates for the third quarter (Q3) of 2024, marking a notable decline. The company's consolidated shipments for Q3 2024 were appro

Asktraders News Team
Tesco and Shell Secure UK Solar Project Output (TSCO, SHEL)

In a significant advancement for renewable energy sourcing in the United Kingdom, retail giant Tesco (LON: TSCO) and energy conglomerate Shell (LON: SHEL) have entered into long-term agreements for the entire output of a 373-

Asktraders News Team
L&G Shares Gain As Firm Strengthens Leadership

Legal & General has

Asktraders News Team
Unexpected Drop in UK Inflation Hints At Potential Rate Cuts, GBP Falls

In a surprising twist, UK inflation has declined to 1.7% in the year to September, signaling the lowest rate in over three and a half years. This development comes unexpectedly and could potentially set the stage for the Bank

Asktraders News Team
Chord Energy Stock (CHRD) Gains Bullish Initiation From UBS

Chord Energy Corporation stock (NASDAQ: CHRD) followed the market down in the most recent trading session, with its stock price currently standing at $126.50, marking a decline of 4.43% on a difficult day for energy.

Asktraders News Team
UK Banking Stocks: Jefferies Bullish on ‘Unique Exposure’

Analysts at Jefferies are bullish on UK domestic bank, adjusting the price targets for Barclays (LON: BARC),

Sam Boughedda
Abbott Labs (ABT) Reporting Earnings Before The Bell – What To Expect

Abbott Laboratories stock (NYSE: ABT) would expect to see some movement this morning, with earnings coming before the bell usually a notable period of volatility for any company's shares. The gain of 0.39% for ABT in the pre-

Asktraders News Team
Wise Shares Jump as Progress Continues ‘at Pace’

Shares in Wise Plc (LON: WISE) surged in early Tuesday trading following the release of the company's second-quarter trading update. [stock_market_widget type="chart" template

Sam Boughedda
Marks & Spencer Shares’ (MKS) New 52 Week High As Price Target Raised

In a vote of confidence for the venerable British retailer, JPMorgan has raised its price target for Marks & Spencer shares (LON: MKS) from 360 to 425 GBp, maintain

Asktraders News Team
Whitbread Shares Jump as Premier Inn Owner On Course to Deliver ‘Step Change’ in Profits, Margins, and Returns

Premier Inn owner Whitbread (LON: WTB) saw its shares jump over 4% on Wednesday after unveiling plans to significantly boost profits, margins, and shareholder returns over the next five years.

Sam Boughedda
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