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Up 16% in July, Is RS Group (LON:RS1) Ready To Break Out?

RS Group shares (LON:RS1) have witnessed a 16% increase in its price on the London Stock Exchange (LSE) since the 1st July. This recent uptick has brought the company's stock clos

Asktraders News Team
Nigeria Hits Meta with $220M Fine

Nigeria's Federal Competition and Consumer Protection Commission (FCCPC) has imposed a hefty fine of $220 million on Meta Platforms (NASDAQ: META), the par

Asktraders News Team
Indivior Shares (LON: INDV) Get Bullish Coverage Initiation From Piper Sandler

Shares of Indivior PLC (LON: INDV) are on the move today, with a positive nudge of 3.5% to their market value. The leader in addiction medicine is attracting analyst attention with Piper Sandler initiating coverage with an Ov

Asktraders News Team
FTSE 250 Index Gains Favour As Markets Shift

As financial markets continuously adapt to changing economic conditions, the mid-cap stocks of the FTSE 250 index have once again come under the spotlight. With the 250 gaining more than 10% over the past year, and the 100 ad

Asktraders News Team
S&P 500 Price Targets Get An Upgrade From Barclays

Barclays' team of U.S strategists has recently updated their 2024 price target for the S&P 500, raising it from 5300 to 5600. This upward revision reflects a modest premium to the index's current fair value when the techn

Asktraders News Team
Verizon Price Target Cut At JPMorgan (NYSE:VZ)

JPMorgan has readjusted its price target for Verizon Communications stock (NYSE: VZ), indicating a cautious yet hopeful stance on the telecommunications giant's outlook. Maintaining a Neutral rating, the investment giant has

Asktraders News Team
Woodside Energy to Acquire Tellurian for $1.2B – WDS Stock Dips On News

WDS stock is trading down 4% in the pre-market session. In a significant move within the energy sector, Tellurian Inc. (NYSEAMERICAN: TELL) is set to be acquired by Woodside Energy Group Ltd. (NYSE: WDS) in a deal valued at $

Asktraders News Team
Why is Verizon Stock (NYSE: VZ) Down Despite Earnings Growth?

Verizon stock (NYSE: VZ) was hit by an underwhelming earnings report, as despite upticks in performance, there were misses against consensus estimates across key metrics that are now weighing on sentiment. VZ stock ended the

Asktraders News Team
AstraZeneca Earnings: Here’s What to Expect

AstraZeneca (LON: AZN) is set to report its second-quarter and first-half results before the open on Thursday, July 25. The key question on investors' minds: can AstraZeneca maintain the strong performance it delivered in the

Sam Boughedda
Wiz Chooses IPO Over $23B Google Deal

Wiz, an Israeli-based cybersecurity startup, has made a pivotal decision to reject a proposed acquisition by Google's parent company, Alphabet, estimated at around $23 billion. Instead, the company is setting its sights on an

Asktraders News Team
Unilever Ice-Cream Unit Priced Too High, Says Analyst

Unilever's (LON: ULVR) plan to sell its ice cream unit in 2025 may face a bumpy road due to a potential price mismatch, according to Jefferies analyst David Hayes. While Un

Sam Boughedda
Tilray (NASDAQ: TLRY) Q2 Earnings Preview

Cannabis company Tilray (NASDAQ: TLRY) is poised to announce its quarterly earnings after the market closes on Monday, July 29th. Investors are keenly awaiting the update, which will provide insights into the company's financ

Asktraders News Team
DJT Shares Climb on Premarket News

Shares of Trump Media & Technology Group Corp. (NASDAQ:DJT) experienced a notable uplift in premarket trading on Monday, opening the session above $37.40 before pulling back closer to the Friday close. At $35.24, this 0.7

Asktraders News Team
Why Is Hawaiian Electric Stock Price (NYSE: HE) Rallying?

The Hawaiian Electric Industries stock price (NYSE: HE) ended the last trading week as one of the better performers on the markets, with prices rocketing upward by 37.3% to reach $17.41. The recent session is impressive in an

Asktraders News Team
Rentokil Shares (LON: RTO) Jump 11% as Potential Takeover Reported

Rentokil Initial shares (LON: RTO) have bounced over 11% through this morning's trading session, amidst reports of a potential private equity takeover bid being orchestrated by former BT CEO Philip Jansen.

Asktraders News Team
Entain’s Executive Shift: Gavin Isaacs Takes the Helm

Entain (LON: ENT), the FTSE 100 gambling giant, has announced a significant leadership change with the appointment of industry stalwart Gavin Isaacs as its new Chief Executive Officer, effective from September.

Asktraders News Team
Micron Stock (NASDAQ: MU) Down More Than 25% From Recent Highs, Is It Time To Buy?

Micron Technology's stock (NASDAQ: MU) has pulled back significantly from recent highs, yet managed to still maintain an overperformance to the markets. With a total return of 38.7% in 2024 and an impressive 74.5% over the la

Asktraders News Team
What Are Markets Expecting From Mag 7 Earnings This Month? (TSLA, GOOGL, MSFT, META, AMZN)

As we head deeper into the earnings season, all eyes are on the 'Magnificent Seven' companies that dominate the U.S stock market. This week, Tesla and Alphabet stand poised to report their latest

Asktraders News Team
Macquarie Ups Netflix Price Target to $695

Following a robust second-quarter performance, Netflix's stock price target has been upgraded by Macquarie from $685 to $695. The leading streaming platform has reported an addition of 8 million new subscribers, marking a rem

Asktraders News Team
META’s $5 Billion Stake in Eyewear Titan

Meta Platforms (NASDAQ: META), the tech giant formerly known as Facebook, has demonstrated a formidable interest in the burgeoning field of wearable technology, in a move that has garnered substantial financial market attenti

Asktraders News Team
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