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Flutter Entertainment: Analyst Remains Bullish Despite Recent Stock Decline

Goldman Sachs reiterated its Buy rating on Flutter Entertainment (LON: FLTR) following the company’s fourth-quarter 2024 results, citing upside potential in its US business and maintaining a 12-month price target of $325.

Sam Boughedda
Lloyds Banking Shares Fall as Stock Deemed ‘Expensive’

Lloyds Banking (LON: LLOY) shares declined 2.8% on Tuesday after Keefe, Bruyette & Woods downgraded its rating for the stock to Market Perform from Outperform.  [stock_mar

Sam Boughedda
Palantir Stock (NASDAQ: PLTR) Down 38% as Support Fails To Hold

Palantir Technologies' stock (NASDAQ: PLTR) is clinging on to a positive YTD, 1.58% to the good after a 10% decline in trading yesterday has brought the price back below $80. The level, previously acting as resistance had off

Asktraders News Team
Oracle’s Earnings Come In Light, Analysts Revise Targets (NYSE: ORCL) To Downside

Oracle's stock (NYSE: ORCL) had a mixed response to earnings, with an immediate 6% bump in price from closing after hours giving way to a 1.2% decline during this morning's pre-market. The move from the high to the low of the

Asktraders News Team
AT&T Reaffirms FY25 EPS Estimates as Stock Continues to Outperform

AT&T Inc. (NYSE: T) is standing by its adjusted earnings per share (EPS) forecast for fiscal year 2025, stating it expects to achieve an adjusted EPS range of $1.97 to $2.07. This outlook is somewhat conservative compared

Asktraders News Team
KOSPI Index Rallies Into The Close As Uncertainty Grips U.S Markets

The KOSPI index, a key indicator of the South Korean market, experienced a relatively modest decline of 1.28% today, closing at 2,537.60 after opening up

Asktraders News Team
Himax Technologies (HIMX) Partners with Tata and Powerchip

Himax Technologies' stock (NASDAQ: HIMX) has outperformed the Nasdaq so far this year, gaining 15.11% YTD, despite the IXIC's 9.40% decline. The Ta

Asktraders News Team
Are Pennon Group Shares Trading at a Discount?

Citi upgraded Pennon Group Plc (LON: PNN) from Neutral to Buy in a note this week, citing a valuation gap that presents an opportunity for investors.  [stock_market_widget typ

Sam Boughedda
Marvell’s Stock Down 42% YTD as Support Levels Give Way

Marvell Technology's stock (NASDAQ: MRVL) has shed 42.17% year-to-date, with barely two months passed, as the bull thesis shows cracks, and perceived support levels break. The company's fourth-quarter report mildly beat on bo

Asktraders News Team
Boohoo Rebrands as Debenhams Group

On Tuesday, Boohoo Group (LON: BOO) announced a major rebrand, officially changing its name to Debenhams Group, as it pivots towards a marketplace-led business model. The m

Sam Boughedda
Can Super Micro’s Stock (NASDAQ: SMCI) Continue to Outperform Market?

Super Micro Computer's stock (NASDAQ: SMCI) has been one of the better performers on the Nasdaq this year, with gains of 22.80% YTD only telling a fraction of the story.

Asktraders News Team
What to Expect from Earnings This Week (ORCL, ASAN, KSS, ZIM, ADBE, ULTA)

Looking to the companies reporting this week, and there are a mix of names we have picked out across the sectors. With many of the largest stocks on the market having already reported, there could be some valuable nuggets for

Asktraders News Team
Down 30% YTD, Tesla Faces Challenges as Stock Added to ‘Best Ideas List’

Tesla's stock (NASDAQ: TSLA) has started 2025 with downwards pressure overwhelming market bulls, as the 30.75% decline in price can attest. This morning's pre-market shows no signs of a reversal early in the session, with the

Asktraders News Team
Clarkson Shares Tumble Despite Record Profit as Geo-Political Outlook Remains Uncertain

Clarkson PLC’s (LON: CKN) share price fell on Friday despite the shipping services firm posting record profits for 2024.  Investors appeared cautious about the company

Sam Boughedda
Deliveroo to Exit Hong Kong Business, Shares Edge Higher

Deliveroo (LON: ROO) shares edged higher in early Monday trading after it announced the decision to exit the Hong Kong market.  The company revealed it is selling certain a

Sam Boughedda
Analysts Trim A&F Price Target, Remain Bullish as Stock Down 45% YTD (NYSE: ANF)

Down 45% year-to-date, Abercrombie & Fitch's stock (NYSE: ANF) has given holders little to smile about in 2025. Adding to the bearish sentiment, analysts have come in with a swathe of reduced price targets on the stock.

Asktraders News Team
Reddit Co-founder Invests in AI Fashion App Doji

In a significant move within the tech and fashion industry, Alexis Ohanian, co-founder of Reddit (NYSE: RDDT), has invested in a new AI-powered fashion app called Doji. The app was launched in January 2024 and has been gainin

Asktraders News Team
Broadcom Provides Tech Boost as Stock Jumps on Earnings Beat and Raise

After what had been a difficult day for tech, and markets on the whole, Broadcom released earnings that indicate there could be further room in the AI trade after all with a beat on top and bottom lines. The Nasdaq 100 fell 2

Asktraders News Team
BigBear.ai Stock A Big Pre-Market Mover as Earnings Come in Short

BigBear.ai's stock (NYSE: BBAI) is a big extended hours mover on the NYSE, down 14% through the pre-market, as earnings missed the mark. The company, an AI-powered decision

Asktraders News Team
MongoDB Stock Price Plunges To 52 Week Low on Missed Guidance, Analysts Cut

MongoDB's stock (NASDAQ: MDB) took a dramatic drop in trading post earnings, down 26.94% on the day, and hitting new 52 week lows in the process. Whilst EPS came in as a big upside surprise, with a $1.28 reported against the

Asktraders News Team
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