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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
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
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
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.
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
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
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
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
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
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
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
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-
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
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.
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),
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-
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
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
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.