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Bullish Sentiment Persists for Defense Giant As Northrop Grumman Target Raised to $599

Northrop Grumman Corp's stock price (NYSE: NOC) is on the move today, as Seaport Research come in with a big upgrade on the stock. The defense and aerospace leader saw its shares edging up 0.8% to $525.31 through the early pa

Asktraders News Team
Citi Maintains Bullish Stance on Diageo But Trims Target

Citi has reaffirmed its confidence in Diageo PLC (LON:DGE), maintaining a "Buy" rating on the global beverage giant's stock yet slightly reduced its price target from 3000p to 2900p. This adjustment comes in the wake of Diage

Asktraders News Team
Why Does Dollar General’s Stock (NYSE: DG) Keep Falling?

Dollar General's stock price (NYSE:DG) faced a challenging August, losing 30.85%. This brings the YTD performance even further into negative territory, with a loss of 40% leaving some DG holders scratching their heads. Follow

Asktraders News Team
Kingfisher Cut at Barclays Ahead of ‘Potentially Underwhelming’ H1 Results

Shares of British home improvement retailer Kingfisher (LON: KGF) fell around 1% in Monday's session following a downgrade by Barclays, which shifted its rating from Overweight to Equal Weight in a note to clients.

Sam Boughedda
What’s The Latest View On Apple’s Stock?

News abounds that Apple are considering investing in OpenAI's next funding round, putting the AI company closer to a broader selection of US based big tech firms. The WSJ reported that both Apple and Nvidia are considering in

Asktraders News Team
Moonward Bound LUNR Stock Price Gains 40% Over 1 Month

Intuitive Machines stock price (NASDAQ: LUNR) has gained 40% in the last month as appetite for space based companies gathers pace, with projects nearing. Listed under ticker LUNR, August's gains bring the YTD on the stock to

Asktraders News Team
What To Expect From Hewlett Packard’s (NYSE: HPE) Earnings

Hewlett Packard Enterprise (NYSE: HPE) is on the cusp of revealing its third quarter results for fiscal year 2024 on September 4, and the anticipation is building up among investors and analysts alike. The company, which has

Asktraders News Team
Watches of Switzerland Confident in Delivering FY25 Guidance

Watches of Switzerland Group (LON: WOSG) said in a trading update on Tuesday that trading for the first 18 weeks of the financial year has been in line with expectations. [sto

Sam Boughedda
China Stocks Decline, SSE Index Drops 1.1% With Real Estate Pulling Back

Chinese stocks saw a mild downturn today, as recent gains by property developers dissipated, influenced by underwhelming domestic home price data. The real estate sector faced significant pressure, with major state-owned ente

Asktraders News Team
Shell Receives Further Analyst Support

Shell shares (LON: SHEL) trade mildly green on London markets today, up 0.2% as the FTSE 100 index remains r

Asktraders News Team
Cerillion’s Share Price (LON: CER) Delivering Long Term Gains In Boost to UK Tech

Cerillion (LON: CER), an IT services company specialising in artificial intelligence enhanced communication systems, has emerged a

Asktraders News Team
Marvell Technology Stock (MRVL) Gains Strongly In August as Q2 Earnings Impress

Marvell Technology stock price (NASDAQ: MRVL) witnessed a significant uptick through August, gaining 20% in the month and looking to break out of the recent channel. The s

Asktraders News Team
Costco (NASDAQ:COST) Posts Strong Gains In August, Is COST Poised for a Stock Split?

Costco's stock price (NASDAQ: COST) has added 9.24% over the month of August, as the trend for new highs remains firm. COST has witnessed a strong gain of 37% this year, with the trend undeniably bullish over longer time fram

Asktraders News Team
Wall Street Forecasts for Labor Day: Jobs Report in Focus

As the Labor Day week approaches, the economic focus shifts to the closely watched August jobs report. Wall Street analysts and investors alike are gearing up for insights into the health of the U.S labor market, with expecta

Asktraders News Team
FTSE 100: A Mixed Start For European Equities

The FTSE 100 and European equities have started the week beginning Monday, September 2, 2024, mixed, with the London index edging slightly higher, gaining around 0.02%  shortly after the open. On Friday, the FTSE 100 edged ar

Sam Boughedda
Rightmove: REA Eyes Potential Acquisition

Australia's REA Group confirmed on Monday that it is considering a potential cash and share offer for to acquire Rightmove (LON: RMV), the leading online property marketplace in the United Kingdom.

Sam Boughedda
Bursa Malaysia & FBM KLCI Intent on New Highs as Rate-Cut Hopes Rise

The Bursa Malaysia concluded the trading week with notable gains, buoyed by the positive sentiment that permeated regional markets. Investors' expectations are increasingl

Asktraders News Team
Intel Gains On News Of Potential Business Restructuring

Intel's stock (NASDAQ: INTC) is a big gainer this morning, up almost 8% through the first 30 minutes of trading, as news of a potential restructuring hit markets. The tita

Asktraders News Team
Evercore ISI Drops Birkenstock Price Target to $70, Maintains Bullish Stance

Birkenstock's stock price (NYSE: BIRK) has fallen more than 21% over the last 5 trading sessions, and analysts are following the stock down with their revisions. The promi

Asktraders News Team
Compass Group Shares (LON:CPG) Continue To Outperform, Where Next?

Compass Group shares (LON: CPG) are coming off 52 week highs this week, as the London listed stock continues to outperform the index. A 12.46% on a YTD basis brings the 12

Asktraders News Team
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