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Nvidia Faces Rising Competition in AI Chip Market

Nvidia Corporation (NASDAQ:NVDA), a leading manufacturer of graphics processing units (GPUs), has long been at the forefront of the

Asktraders News Team
Summit Therapeutics Stock Price Hits New Highs, Analysts Like It

Summit Therapeutics stock (NASDAQ: SMMT) hit a new high of $21.50, as results from a recent trial set off a wave of analyst price target upgrades that helped push bullish sentiment to new levels. The firm received a significa

Asktraders News Team
Nio Continues To Accelerate (NYSE: NIO) – Growth In Sales, With Stock Price Following

Nio Inc (NYSE: NIO), a leading Chinese electric vehicle (EV) manufacturer, has been on plenty of watchlists in recent days with the stock price adding another 10.96% in trading to begin the week. This price jump brings the cu

Asktraders News Team
Google’s EU Fine Upheld

In a landmark judgment, the European Union's top court has upheld a significant fine against tech giant Alphabet's Google. The fine amounts to 2.42 billion euros (

Asktraders News Team
Abrdn Appoints Jason Windsor as New CEO

Abrdn plc (LON: ABDN) announced the appointment of Jason Windsor as its new Group Chief Executive Officer in a press release on Tuesday. W

Sam Boughedda
AngloGold Ashanti to Acquire Centamin For $2.5bn

AngloGold Ashanti (NYSE: AU) has agreed to acquire Centamin (LON: CEY) in a deal valued at approximately $2.5 billion, the companies announced on Tuesday. The acquisition w

Sam Boughedda
What To Expect From Oracle’s Earnings After Market Close?

Oracle's stock price (NYSE: ORCL) has gained 8% in the lead up to today's after market earnings report, and with the stock fast closing in on 52 week highs today (+0.99%), we take a look at what markets are expecting.

Asktraders News Team
Travere Therapeutics (TVTX) Gains New Buy Rating, With $25 Price Target

Travere Therapeutics stock (NASDAQ: TVTX) ended last week with a surge of 10.57% to reach $10.98, and have continued in the pre-market today, up an additional 4.37% at $11.46 after Guggenheim upgraded the

Asktraders News Team
Indian Indices Rebound As Both Sensex and Nifty 50 End in Green

Indian stock markets showcased a strong rebound today, bouncing back from the previous session's sharp plunge, despite many other markets in Asia suffering from a pullback in sentiment. The BSE Sensex gained 375.61 points to

Asktraders News Team
Boeing Avoids Strike with Union Agreement – Stock Climbing Off 52 Week Lows

In a significant development for the aerospace industry, Boeing (NYSE: BA) has successfully forged a tentative agreement with its union, thus averting a potentially costly strike. This move promises to inject a dose of stabil

Asktraders News Team
Fox Corp (NASDAQ: FOXA) Downgraded To Neutral

Shares of Fox Corporation (NASDAQ: FOXA) experienced a marginal downtick during the trading day, with a percentage change of -0.15% in the pre-market, leaving the stock price at $40.25. Despite this slight movement, a notable

Asktraders News Team
FBM KLCI Dips Slightly But Holds 1,650 Level

The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) ended slightly lower today, dipping by 0.1%. Closing the day at 1,651.49, the index has held the 1,650 level that had pre

Asktraders News Team
Eli Lilly’s Strategic Price Cut to Boost Weight Loss Drug Market Presence

Eli Lilly share price (NYSE: LLY) is trading up 0.75% in the pre-market session as the global pharmaceutical company continues to capture significant attention for its robust portfolio of therapies that cater to various medic

Asktraders News Team
Palantir’s Stock Price Carves Out Gains In Pre-Market With S&P 500 Addition

Palantir's stock (NYSE: PLTR) is a big pre-market mover this morning, adding 6.82%. The key player in the

Asktraders News Team
Hilton Food Group Makes ‘Another Strong Step Forward’ – Shore Capital

Hilton Food Group (LON: HFG) reported results for the first half of FY24 last week, which analysts at Shore Capital believe marked significant progress in its ongoing profit recovery. 

Sam Boughedda
FTSE 100 Opens Strong – Economic Events We Are Watching This Week

The FTSE 100 and European equities have started the week beginning Monday, September 9, 2024, strong, with the London index rising, currently up 0.5%  shortly after t

Sam Boughedda
WPP Shares Jump on Amazon Media Win

WPP (LON: WPP) shares surged more than 5% Thursday on the news reported late on Wednesday that Amazon had chosen WPP and Omnicom Media Group (OMG) to split its global media duties.

Sam Boughedda
Tesla’s Stock A Top Pick At Morgan Stanley

Electric vehicle (EV) manufacturer Tesla stock price (NASDAQ: TSLA) has experienced a mini rally over the past month, with impressive gains that have injected optimism into its market stance. Over the course of two robust tra

Asktraders News Team
Nio’s Price Target Upgraded On Impressive Day For The Stock (NYSE: NIO)

NIO's stock price (NYSE: NIO) gained an impressive 14.39% in trading during the regular session, to bring the 1 month gain to a total of 28.65%. The increase comes following an uptick in the price target set by Bank of Americ

Asktraders News Team
HPE Boosts Profit Outlook, BofA Analyst Trims Stock Price Target

Hewlett Packard Enterprise (HPE) has increased its annual profit forecast, signalling a stronger-than-expected performance fuelled by a surge in the demand for servers equipped with artificial intelligence (AI) capabilities.

Asktraders News Team
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