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BP Looking To Reverse Trend, Targets New Oil Investments

In a notable strategic pivot, BP (LON: BP) has scaled back its oil production targets, opting instead to focus on a series of new investments in regions poised for hydrocarbon growth. The adjustments to the company's business

Asktraders News Team
Chevron Sells Canadian Assets for $6.5 Billion

Chevron Corporation (NYSE: CVX) has entered into a sales agreement with Canadian Natural Resources Limited (CNRL), in a significant deal valued at $6.5 billion. This transaction underscores Chevron’s strategy of asset divesti

Asktraders News Team
Novo Nordisk Price Target Trimmed But Firm Remains Bullish

In a recent update, Goldman Sachs has revised its target price for Novo Nordisk A/S (NYSE: NVO), a global healthcare company specialising in diabetes care and other serious chronic conditions. The investment banking firm has

Asktraders News Team
China Stimulus Uncertainty Shakes Markets As Hang Seng Index Drops

As anticipation surrounding China's proposed fiscal stimulus dissipates, markets in Europe and Hong Kong are experiencing the impact. On Tuesday, the initial enthusiasm that fuelled a surge in Chinese shares waned sharply due

Asktraders News Team
Rocket Lab Targets Mars Rock Retrieval for NASA

Rocket Lab stock price (NASDAQ: RKLB) has been on a rapid trajectory in recent weeks, gaining 57.65% over the past month as bullish sentiment builds. Now the prominent aerospace company has taken a monumental leap in space ex

Asktraders News Team
Goldman Sachs Resets Price Target for Luk Fook Holdings Stock

Luk Fook Holdings (International) Limited (HKG: 0590) is down 9.76% today settling on HKD 15.34, in the wake of a firm pullback in Chinese and Hong Kong listed shares. The absence of specifics in today's return meeting after

Asktraders News Team
Capital One Stock (COF) Price Target Raised At Barclays After Strong Year

Capital One's stock price (NYSE: COF) edged lower in trading yesterday, with the stock price ending the day at $152.00, a drop of 0.94% to begin the week. With the stock having gained an impressive 61.14% over the past 12 mon

Asktraders News Team
Waymo Welcomes Tesla’s Daniel Ho

Daniel Ho has made a significant career shift, moving from his position at Tesla Inc., where he played a pivotal role in vehicle programs, to join Alphabet Inc.'s

Asktraders News Team
Vistry Shares Plunge After Profit Warning

Vistry Group (LON: VTY), a leading UK housebuilder, issued a profit warning that sent its shares plummeting by 35% in early Tuesday trading. [stock_market_widget type="chart"

Sam Boughedda
Imperial Brands Stock Gains as Company Increases Shareholder Returns

Tobacco and next-generation products (NGP) company Imperial Brands (LON: IMB) announced an increase in shareholder returns for the upcoming fiscal year in its FY24 pre-close trading update on Tuesday.

Sam Boughedda
What’s Going On With LEVI’s Stock (NYSE: LEVI)?

Levi's stock (NYSE: LEVI) came off a tough week in the markets, but has started Monday afresh, regaining the $20 level and adding 1.4% through the first half hour of trading.

Asktraders News Team
Will ITV’s Dividend Yield (LON: ITV) Continue To Tempt Investors?

Investors seeking income-generating stocks in the FTSE 250 index may be part of the reason behind ITV's share price (LON: ITV) performing so well on a YTD basis, but

Asktraders News Team
Arcadium Lithium Stock Jumps on Rio Tinto Acquisition Approach

Shares of Arcadium Lithium (NYSE: ALTM) have surged on news that mining giant Rio Tinto (LON: RIO) has approached the company

Sam Boughedda
EVgo Stock A Big Winner As Network Expands & US Funding Aids Sentiment

Electric vehicle charging company EVgo, Inc. (NASDAQ:EVGO) continues to make strides in the EV industry by expanding its fast-charging network, and it's stock

Asktraders News Team
Johnson Matthey’s Shares (LON: JMAT) Looking For Reversal, Analyst Moves Down PT

Johnson Matthey shares (LON: JMAT) have kicked off the new week in red territory, down 0.7% in a flip flop first hour for the stock. Having gapped down slightly on open, starting at 1535 from the recent close of 1542, the sha

Asktraders News Team
NatWest Shares Surge 58% This Year: Will the Momentum Continue?

NatWest Group (LON: NWG) shares have experienced a more than 58% increase in value this year, prompting investors to question whether the upward trend will remain over the next few months.

Sam Boughedda
Lamb Weston’s (NYSE: LW) Price Target Increased At Barclays

Barclays has recently updated its stance on Lamb Weston Holdings (NYSE: LW), with the latest analysis on the stock remaining firmly bullish. [stock_market_widget type="chart"

Asktraders News Team
NVIDIA’s (NASDAQ: NVDA) Strength in AI Market Persists With Pricing

NVIDIA Corporation (NASDAQ:NVDA), renowned for its powerful graphics, computing, and networking solutions, maintains its momentum in the lucrative

Asktraders News Team
National Grid Shares Holding 1000 Level, As ESO Sale Net’s £700M

National Grid shares (LON: NG) have been trading in a range over the recent months, with the battle between bulls and bears taking place between 950-1050. The key psycho

Asktraders News Team
Stellantis Takes Hit Amid Dividend Doubts

Global automaker Stellantis' stock price (NYSE: STLA) has been coming under fire, with losses of 19.31% over the last week bringing new 52 week lows. The owner of prominent brands such as Chrysler, Jeep, Fiat, Citroen, and Pe

Asktraders News Team
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