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Nifty 50 Index Ending The Week Green As IT Sector Leads The Way in India

The Nifty 50 index is set to the end the week in the green, with a 1.66% gain pushing the market back above 24,500. Having begun the day at 24,143, the Nifty 50 was down on the week leading into today, having started back at

Asktraders News Team
Rolls-Royce Stock Climb Continues – Expands JV Operations with Yuchai Diesel

Rolls-Royce Holdings (LON: RR.) continues its impressive stock market ascent, climbing a further 4% this week, helped by its strategic expansion of joint venture operations with Guangxi Yuchai Machinery Co. Ltd (Yuchai Diesel

Sam Boughedda
Nikkei 225 Leads Markets Forward – Up 3.6% On A Green Day For Major Asian Indices

Asian stock markets closed higher on Friday, with Japanese shares taking the lead following a strong performance on Wall Street. The surge came as a reaction to the latest U.S. economic data, which indicated resiliency in con

Asktraders News Team
FTSE 100 Index Dips With The 250 Green Amid Mixed Retail Sales Data

London stocks opened slightly lower on Friday as the FTSE 100 index edged down by 0.23% to 8,327,76, against the backdrop of new UK retail sales figures. With the Footsie

Asktraders News Team
Cisco’s Earnings Beat Lifts Shares – Analysts Make Upside & Downside Revisions

Cisco Systems welcomed a surge of enthusiasm as the stock price (NASDAQ: CSCO) witnessed a notable gap up before the market opened. From a previous close of $45.44, the stock opened at $48.75 before ending the day 6.8

Asktraders News Team
Rocket Lab’s Stock (NASDAQ: RKLB) Takes Off After Citigroup Upgrade

Rocket Lab's stock price (NASDAQ:RKLB) is up in extended hours by 3.77%, moving the stock back above $6 and into the green on a YTD basis. RKLB experienced a significant upswing in regular trading yesterday, adding 12.55% to

Asktraders News Team
IAG Shares Undervalued, ‘Outlook to Remain Positive’

International Airlines Group (LON: IAG), the parent company of British Airways and Iberia, has been highlighted as a top stock pick among network carriers by Morningstar analysts, who initiated coverage of the stock with a fa

Sam Boughedda
Canoo Stock (GOEV) Get’s A New Price Forecast – Analyst Cuts, But Remains Bullish

H.C. Wainwright has lowered its price target for Canoo stock (NASDAQ: GOEV) to $4, now anticipating the company's initial production phase to commence in the early days of 2025 rather than the second half of 2024 as previousl

Asktraders News Team
First Solar Stock Price (NASDAQ: FSLR) Gains 32% YTD – One Of The Best Climate Tech Plays?

First Solar's stock price (NASDAQ: FSLR) has been on a tear this year, with gains of 8.3% in the past week bringing the YTD tally above 32%. With such an ascent, the stock has a claim to be one the

Asktraders News Team
SSE Index Up Strong – China Stocks Rise on Stimulus Hopes

In a day marked by cautious optimism, mainland Chinese stocks concluded in positive territory, energized by the anticipation of additional economic stimulus. The Shanghai Composite index ended higher by 0.94% to finish at 2,8

Asktraders News Team
Morgan Stanley Sees Potential in Victoria’s Secret’s (NYSE: VSCO) New Chapter

Victoria's Secret stock price (NYSE: VSCO) surged by 16.40% to a current price of $22.20 as the famed intimate apparel retailer received an optimistic outlook from Morgan Stanley following a significant shakeup in its leaders

Asktraders News Team
FBM KLCI Index Extends Winning Run To Four

Bursa Malaysia ended nearly flat today, with the benchmark FTSE Bursa Malaysia KLCI (Kuala Lumpur Composite Index) closing marginally higher amid cautious trading.

Asktraders News Team
Google’s Play Store Monopoly in Judge’s Crosshairs

In a significant turn of events, Judge James Donato has indicated a strong stance against the alleged monopolistic practices of Alphabet Inc's (NASDAQ: GOOG) Google regarding its Android app store.

Asktraders News Team
Tilray’s Stock on the Rise Following Acquisition and Sales Growth

Tilray stock price (NASDAQ:TLRY) has been gaining steadily over the past 5 sessions, totalling a 7.87% uplift as the bulls aim to take control of the narrative. The compa

Asktraders News Team
Alibaba (BABA) and JD.com (JD) Brace for Earnings – What To Expect

Chinese e-commerce giants Alibaba and JD.com are on the verge of disclosing their financial performance for the June quarter, and investors are watching closely. These results come at a time when the e-commerce industry is fa

Asktraders News Team
Berkshire Adjusts Portfolio: New Buys See Immediate Boost (ULTA, HEI)

Warren Buffett's Berkshire Hathaway (NYSE: BRK.B) has made noticeable changes to its investment portfolio in the most recent fiscal quarter, as reported in its 13F regulatory filing with the Securities and Exchange Commission

Asktraders News Team
Positive Rate Cut Signals Boost UK Housing Sector

In what may be a turning point for the UK housing market, significant players in the mortgage industry have initiated rate cuts that are set to invigorate the sector. Lloy

Asktraders News Team
Domino’s Pizza Stock Target Cut at RBC But Analyst Sees ‘Encouraging Trends’

RBC Capital reduced its price target for Domino's Pizza Group PLC (LON: DOM) from 400p to 390p in a note this week following the company's half-year results, which revealed a decline in both total orders and revenue.

Sam Boughedda
Flutter Eyes £2bn Deal for Playtech’s Italian Arm

Gambling giant Flutter Entertainment (LON: FLTR) is in talks to acquire Snaitech, the consumer arm of London-listed Playtech, the companies confirmed on Wednesday.

Sam Boughedda
Has Reckitt’s Share Price (LON: RKT) Put In a New Bottom?

Reckitt's share price (LON: RKT) has gained 0.57% today, to continue a mini rebound from recent lows. The stock put in new 52 week lows of 4,034p recently, before a fir

Asktraders News Team
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