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Reckitt’s Outlook Dims; JPMorgan Cuts Rating

Reckitt's shares are trading up today, gaining 1.04% and continuing the mini recent revival. This upswing comes despite a recent move that caught the attention of investors. Notably, JPMorgan has downgraded the stock of Recki

Asktraders News Team
Diversified Energy’s Dividend Shifts Gear (LON: DEC)

Investors in search of high-yield dividend stocks on the FTSE 250 have been closely monitoring Diversified Energy Company (LON: DEC), which currently tops the list with an extraordinary dividend yield that is close to 20% at

Asktraders News Team
Whitbread Shares Upgraded at Bernstein With ‘Easier H2 Comps Ahead’

Whitbread (LON: WTB) shares rallied more than 3% Thursday after analysts at Bernstein raised their rating for the stock to Outperform from Market Perform, noting that the stock is at a record low price to earnings.

Sam Boughedda
Centrica Shares: Should Investors Buy the Dip

Centrica (LON: CNA) has seen its shares decline more than 8% in 2024. While some analysts and investors may be wary at current levels, one believes the risk-reward for the stock is now an attractive one.

Sam Boughedda
Why Has Glencore’s Share Price Been Falling In Recent Months?

Glencore's share price (LON: GLEN) has declined over the last 3 months, retracing from 52 week highs over 500p (506.72) to be trading a little over 400p. With the stock changing hands at 403.40 this morning, up 0.7%, the dip

Asktraders News Team
Analyst Downgrades CAVA Post-Rally, Increases Price Target

In a shift of its investment outlook, Morgan Stanley has downgraded CAVA Group Inc (NYSE: CAVA) from Overweight to Equalweight, a move that comes after the stock experienced a substantial rally of 189% since the beginning of

Asktraders News Team
Baird Raises Chewy’s Price Target Amid Customer Growth

Chewy's stock price (NYSE: CHWY) was a notable gainer on Wednesday, adding 11.06% on the day, to bring 1 month cumulative gains to 17.75%. This surge comes as earnings came in above expectations, and Baird are one of those an

Asktraders News Team
Tesla Seeks Lower Tariffs in Canada

Tesla (NASDAQ: TSLA) is actively lobbying the Canadian government for reduced tariffs on its electric vehicles (EVs) produced in China. The move comes in the wake of Canada's decision to impose a 100% surtax on Chinese-made E

Asktraders News Team
Salesforce Gains In Pre-Market As Firm Delivers Growth Despite Challenges (NYSE: CRM)

Salesforce stock (NYSE: CRM) is a big pre-market gainer, up almost 5% as earnings came in above expectations. Considering the stock had been struggling to remain green on the year, the company seems to have weathered the chal

Asktraders News Team
Nvidia Shares Slide Despite Robust Earnings, But Why?

Nvidia Corporation (NASDAQ: NVDA), a dominant force in the graphics processing unit (GPU) industry, delivered strong earnings, surpassing expectations with a record

Asktraders News Team
Huawei’s User Base Nears the Billion Mark

Huawei reported a big jump in first-half revenue and net profit today, as strong smartphone sales eat into Apple's market share in China. Whilst Huawei itself remai

Asktraders News Team
Affirm (AFRM) A Big Pre-Market Mover As Earnings Call Highlights Future Growth Strategies

Affirm Holdings stock (NASDAQ: AFRM) is a big pre-market gainer, up more than 17% as earnings came in above estimates. This extends the mini rally seen in AFRM's stock price over the past month, where a further 17.6% has been

Asktraders News Team
GSK Shares Rise After European Commission Approves Arexvy Label Expansion

GSK's (LON: GSK) shares are up around 0.7% on Thursday following the announcement that the European Commission has expanded the age indication for its RSV vaccine, Arexvy. [st

Sam Boughedda
Watches of Switzerland Shares: Down 42% This Year – Here’s Why

Watches of Switzerland Group (LON: WOSG) has seen its share price plummet by 42% in 2024. This significant decline is a stark contrast to the buoyant performance of the bro

Sam Boughedda
Starbucks Shares (NASDAQ: SBUX) Perk Up with 31% Gain Over Last Month

Starbucks stock price (NASDAQ: SBUX) has been on a strong upward curve over the past month, posting 31% gains to return green on the year. The coffee giant's stocks reached a high of $98.60 in trading yesterday, gaining 3.1%

Asktraders News Team
South Korean Shares Make Mild Gains As KOSPI Remains Below 2,700

South Korean stocks made a modest recovery on Wednesday, with the benchmark KOSPI Index slightly increasing by 0.02%, breaking a three-session streak of losses. The rebound was modest, but it signalled a positive shift and pu

Asktraders News Team
What To Expect From Foot Locker’s (NYSE: FL) Earnings Today

Foot Locker (NYSE: FL), a New York-based sportswear and footwear retailer, is set to release its second-quarter earnings before the market opens today. We take a quick look at what markets are expecting from FL.

Asktraders News Team
GSK Shares (LON: GSK) Climb After Supreme Court Review

Pharmaceutical giant GSK's share price (LON: GSK) has gained 1.55% this morning as the Delaware Supreme Court accepted the company’s appeal for an interlocutory review

Asktraders News Team
AB Foods: ‘The Primark Margin Recovery Story Has Played Out’

Despite opening lower in Tuesday's session, Associated British Foods (LON: ABF) shares have recovered after the stock was downgraded to Sell from Hold at Deutsche Bank. The

Sam Boughedda
Ryanair Unhappy with Boeing’s Delays

Ryanair Group’s Chief Executive Michael O'Leary has openly expressed his discontent with Boeing's new management amid ongoing delays in the delivery of 737 MAX aircraft. The frustration comes as the airline faces the prospect

Asktraders News Team
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