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HSBC Share Price Value ‘No Longer There’

Deutsche Bank downgraded HSBC (LON: HSBA) from Buy to Hold in a note this week, citing a lack of further value after the stock’s significant rise.  [stock_market_widget type="

Sam Boughedda
What To Expect From Earnings This Week (PLTR, AMD, GOOGL, QCOM, AMZN, LLY)

As we continue to plough through another busy earnings season, the week ahead brings two of the Magnificent 7 names to the fore, along with plenty of notable

Asktraders News Team
AMD’s Stock Moving Up With Earnings After The Bell

AMD's stock price (NASDAQ: AMD) is moving up in extended hours trading, gaining 1.97%, after having flirted very closely with the 52 week low in yesterday's session. With earnings on deck after today's close, we take a look a

Asktraders News Team
Key Economic Events to Watch This Week – Feb 3rd

With markets all set ablaze by talk of tariffs over the weekend, you could be forgiven for losing sight of economic markers and reports for the week ahead. This week brings several key events we will be watching that could im

Asktraders News Team
Wedbush Sets $60 Target for Tower Semiconductor Stock (NASDAQ: TSEM)

Tower Semiconductor's stock (NASDAQ: TSEM) is moving up in the first hour of trading, down 0.71% on the day, yet more than 1.6% up from the open. This move comes as Wedbush initiates bullish coverage on the stock at $60.

Asktraders News Team
US Companies Shifting Metal Sourcing?

Due to newly imposed tariffs by President Donald Trump, U.S. companies are expected to change their sourcing strategies for metals. On Tuesday, additional levies will come into effect, introducing a 25% tariff on imports from

Asktraders News Team
Diageo Share Price (LON: DGE) Decline Continues

Diageo's share price (LON: DGE) has been under significant pressure recently, with today's 3.6% fall bringing the year-to-date decline to 8.46%, with one month of trading complete.

Asktraders News Team
Polar Capital Technology Enters FTSE 100

Polar Capital Technology Trust (LON: PCT) has officially joined the FTSE 100 Index, marking a significant milestone for the investment trust, which was first launched in 1996.

Sam Boughedda
Triumph Group’s Stock Soars on Takeover News

Triumph Group stock (NYSE: TGI) is a notable pre-market gainer, up 34.47% as news of a takeover hit newswires. Private equity firms Warburg Pincus and Berkshire Partners h

Asktraders News Team
UK Manufacturing PMI Improves Slightly, Remains in Contraction Range

British factory output continued its downward trend in January, as indicated by the latest S&P Global UK manufacturing Purchasing Managers' Index (PMI) survey. The PMI recorded a reading of 48.3 in January, a slight incre

Asktraders News Team
Nike’s Stock Price Target Raised to $95

BMO Capital has adjusted its price target for Nike's stock, raising to $95 whilst maintaining an Outperform rating. Shares of Nike are down 2.31% at $75.12 in the pre-market session, with markets broadly being shaken by tarif

Asktraders News Team
How Will AI Shake-Up Impact Marvell (NASDAQ: MRVL)?

Marvell Technology's stock (NASDAQ: MRVL) is increasingly gaining attention, stepping out of the shadow of peers such as Nvidia, AMD, and Broadcom. An impressive gain of 68.4% over the past 12 months highlights some of the mo

Asktraders News Team
Tariff’s Hit Markets, GM Lags as Auto’s Down

The imposition of tariffs has already had tangible effects on the stock market. GM's share price (NYSE: GM) has decreased by 7.26% in the pre-market, Ford's stock (NYSE: F) has fallen by 4.17% and Tesla (NASDAQ: TSLA) is down

Asktraders News Team
EnSilica Shares Jump on UK Space Agency Award

EnSilica (LON: ENSI) shares jumped to a high of 48p a share in early Monday trading after the company announced it had secured £10.38 million in funding from the UK Space Agency under the Connectivity in Low Earth Orbit (C-LE

Sam Boughedda
Atlassian’s Stock (TEAM) Leads Markets Higher as Earnings Impress

Atlassian's stock (NASDAQ: TEAM has seen a jump in trading today, with a 17.53% gain. Earnings came in above expecations, and analysts have reacted to the upside. Adam Tind

Asktraders News Team
Booz Allen Stock (NYSE: BAH) Hits 52 Week Low Despite Earnings Beat

Booz Allen stock (NYSE: BAH) started the trading day on the back foot, hitting an intra-day low of $121.02 close to the open, before rallying somewhat to $128.53. The low also reflects a new 52 week bottom for the stock which

Asktraders News Team
Bank of England Expected to Cut Interest Rates This Week

The upcoming week will see the Bank of England policy setting meeting on Thursday (6th February), with markets watching keenly for both immediate moves, and and indications of future policy.

Asktraders News Team
SoFi’s Stock Delivers Strong Start To 2025, Be Prepared For Some Whipsaw

SoFi Technologies' stock (NASDAQ: SOFI) has already taken holders on a mini rollercoaster through the first month of 2025, with a rally of more than 25% through the first few trading weeks of the year giving way to a ~12% dip

Asktraders News Team
Amazon Stock Price Approaching Highs With Earnings Looming Large

Amazon and Alphabet are the next of the Magnificent 7 to report earnings, with the 6th February looming large for holders of AMZN, and

Asktraders News Team
IBM Stock Price Makes New ATH as Earnings Drive Analyst Revisions

IBM's stock (NYSE: IBM) ended the day as one of the best performers in the market, with a gain of 12.96% leading the stock to a new all-time-high at $261.80. Bulls piled in as the company announced its fourth-quarter earnings

Asktraders News Team
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