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FTSE 100: Equities Decline as Last Week’s Sell-Off Continues

The FTSE 100 and European equities have started the week beginning Monday, August 5, 2024, negatively, picking up where they left off last week. The FTSE 100 is currently down more than 2% shortly after the opening bell. On F

Sam Boughedda
European Banks Hit March Lows Amid Global Fears

European banking stocks plunged in Monday's early trading session as investors grappled with the growing fears of a potential United States recession. The distress was catalysed by employment data released on Friday which rai

Asktraders News Team
Nikkei 225 and KOSPI Index Hit Hard As Global Markets Pull Back

The world's financial markets are reeling from one of the most tumultuous starts to a trading week in recent history. Early movers in Asian markets show the Nikkei 225 Index in Japan taking a nosedive of 12.4%, resulting in i

Asktraders News Team
Allstate Stock Price (NYSE: ALL) Hits to New ATH’s On Impressive Earnings

Allstate Corp stock (NYSE: ALL) reached new 52-week, and all time highs of $180.86 during trading before settling 3.66% up on the day. With ALL now up 66.54% over the past 12 months, the bulls are firmly in charge of this one

Asktraders News Team
Supermicro Stock (SMCI) Dips Despite Key Addition to AI SuperCluster

Supermicro Computer (NASDAQ: SMCI) has made an impactful addition to its lineup of Artificial Intell

Asktraders News Team
FTSE 100 & 250 Dip as Caution Prevails

The FTSE 100 index declined modestly on Friday, with a 0.51% drop, as the market sentiment turned cautious ahead of awaited economic data from the United States. The FTSE 250 index also saw a notable decrease, retreating by 1

Asktraders News Team
Snap’s Stock (NYSE: SNAP) A Big Pre-Market Mover, Down 17% As Pullback Continues

Snap stock (NYSE: SNAP) has taken a bit of a beating in the pre-market so far, down 17.3% as an earnings miss on both EPS and revenue gets punished by markets. With SNAP s

Asktraders News Team
Coinbase Stock Pulls Back, With Earnings Looking Solid

Coinbase stock price retreated 5.2% on the day, making a 5 day cumulative dip of 12.59%, despite bit beats on EPS and revenue. The firm's financial performance has been un

Asktraders News Team
DA Davidson Boosts Carvana Target to $155, CVNA Has Strong Day In Difficult Market

Carvana share price (NYSE: CVNA) saw a notable uptick , as the stock ended the day at $146.52, marking a 9.98% increase from the previous close. Hitting new 52 week highs, and bullish sentiment would likely have sent the pric

Asktraders News Team
Intel Stock Price (NASDAQ: INTC) A Major Decliner Through Pre-Market

Intel stock (NASDAQ: INTC) delivered holders a day to forget, as wider markets pulled back on US data. With the share price already down 5.5% through the regular trading session, a 22% decline through this morning's pre-marke

Asktraders News Team
Compass Diversified Stock (NYSE: CODI) Gives Up Gains On Q2 Earnings Drop

Compass Diversified stock price (NYSE: CODI) had been on a tear through July, adding 11% on the month and seemingly set to retest 52 week highs a shade above $25. As Q2 earnings dropped however, and the firm announced a sligh

Asktraders News Team
Shell Prioritises Overseas Investments Over UK Greening

Energy giant Shell PLC (LON: SHEL) has signalled a strategic shift with a pronounced focus on international projects, mere days after divesting a significant portion o

Asktraders News Team
Whitbread Shares (LON: WTB) Down More Than 20% YTD, We Take a Look

Opening today more than 1.5% down, Whitbread shares (LON: WTB) now stand at a 21% loss on a YTD basis. As the FTSE 100 has gained almost 7% this year, the divergence of Whitbread vs the UK market has attracted the attention o

Asktraders News Team
Rolls-Royce Earnings Pass ‘With Flying Colour,’ Investors Should Remain Positive

The Roll-Royce target was lifted by analysts at Jefferies on Thursday following the company's latest quarterly results, which saw it raise full-year profit guidance. Jeffer

Sam Boughedda
Arm Stock Price (NASDAQ: ARM) Gives Up Gains As AI Growth Concerns

Arm Holdings stock (NASDAQ: ARM) fell sharply on earnings, with the eminent British chip designer witnessing a 13% decline, before some stabilisation in this morning

Asktraders News Team
Haleon PLC Commences £185 Million Buyback

Haleon share price (LON: HLN) gapped up on the open today, adding 2.5% as news of a buyback hit. In a decisive move to manage its capital, Haleon PLC, a noted player in th

Asktraders News Team
Qualcomm Stock (QCOM) Bounces Around In Extended Trading, After Beat and Raise

Qualcomm stock (NASDAQ: QCOM) has been erratic in the extended trading sessions, after delivering an 8% gain through the day yesterday. As earnings hit, QCOM immediately p

Asktraders News Team
FTSE 250 Index Significantly Outpaces The 100 In July – What Now?

In July, London's leading stock indices showed notable progress. The FTSE 100 climbed by 2.5%, while the more domestically focused FTSE 250 index leaped by 6.8%. This performance underscores a robust period for the UK market,

Asktraders News Team
Seatrium Shares Add 16% in July As Order Book Builds

Seatrium shares (SGX: 5E2) have quietly gone about reversing a bearish trend in the month of July, adding 16% and looking to break out of the recent range. What could be playing a role in the turnaround?

Asktraders News Team
Meta Platforms Stock (NASDAQ: META) Big Pre-Market Gainer After Surge in Q2 Numbers

Meta Platforms (NASDAQ:META), the parent company of renowned social media networks such as Facebook, Instagram, and WhatsApp, has reported a substantial increase in its financial performance for the second quarter of the curr

Asktraders News Team
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