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Optimism in Tech: Microsoft and Salesforce Look Well Set

Amid the transformative fourth industrial revolution, driven predominantly by advancements in Artificial Intelligence (AI), tech stocks

Asktraders News Team
Vistry Group Shares (LON: VTY) Dip As Strong Trading Update Fails To Ignite Bulls

Vistry Group (LON: VTY), a prominent figure in the British homebuilding industry, has seen its shares dip by 2% in early morning trading. Despite this pullback, the recent trend for the stock has shown impressive 39% gains in

Asktraders News Team
GSK Stock Rating Cut at UBS On Zantac Litigation Concerns

UBS analysts downgraded GSK shares (LON: GSK) in a note to clients Monday, citing concerns regarding its potential RSV vaccine Arexvy. The

Sam Boughedda
BP’s Q2 Profits to Be Impacted by ‘Significantly Lower’ Refining Margins

BP's (LON: BP.) second-quarter profits are expected to be hit by a significant drop in refining margins despite a rise in oil prices. In i

Sam Boughedda
Barfresh Food Group Stock (NASDAQ: BRFH) Gets A Big Upside Target Revision

Barfresh Food Group stock (NASDAQ: BRFH) has witnessed an significant upside revision from analyst firm Maxim. The investment firm's analyst Anthony Vendetti has raised the price target on the company from $3 to $6 while main

Asktraders News Team
Trainline Share Price Target (LON: TRN) Boosted By JPMorgan to 410p

Trainline Plc shares (LON: TRN) have received a welcome adjustment by JPMorgan, with the firm's price target rising to 410p from 395p, while maintaining an Overweight rating on the stock.

Asktraders News Team
Wall Street’s Split Strategy: A Boost for Stocks

Wall Street is currently riding the wave of two prominent trends; the red-hot artificial intelligence (AI) sector and the strategic imp

Asktraders News Team
KOSPI Index Rallied Through June, July Remaining Bullish

South Korea's financial market has recently demonstrated significant growth and positive earnings that surpassed expectations, with several key highlights shaping investor sentiment.

Asktraders News Team
Buffett Indicator Signals Potential Overvaluation

The stock market has shown remarkable performance in the first half of 2024, with the S&P 500 (^GSPC) climbing 14.5%, marking the 15th best start in the past 96 years. Yet, amidst this upswing, the Buffett indicator—which

Asktraders News Team
Nike’s Stock Price Down (NKE) – Is This Level A Buy or a Miss?

Nike stock (NYSE:NKE) has dipped a further 2.5% through the early part of trading today, bringing 1 month losses to more than 23%. NKE is currently on the radar owing to it's price trading at compelling valuations not seen in

Asktraders News Team
Barclays Cuts Norwegian Air Shuttle Price Target (NAS.OL) to NOK 15

Barclays has revised its price target on Norwegian Air Shuttle, a major player in the airline industry. The investment firm has lowered the target to NOK 15 from the previous NOK 18 yet continues to maintain an Overweight rat

Asktraders News Team
Atkore Stock (NYSE: ATKR) Price Target Reaffirmed at $190 Loop Capital

Loop Capital has reaffirmed its faith in Atkore Inc stock (NYSE: ATKR) with a Buy rating and a robust $190 price target, citing an anticipated re-rating on the back of a notably improved profitability scenario over the last f

Asktraders News Team
Carlsberg Agrees £3.3bn Deal to Acquire Britvic

Danish brewing giant Carlsberg has reached an all-cash agreement to acquire Britvic (LON: BVIC), a leading soft drinks manufacturer in the UK, for £3.3 billion. The deal wi

Sam Boughedda
FTSE 100 Starts Week Lower Ahead of GDP Data on Thursday

The FTSE 100 has started the week beginning Monday, July 8, 2024, on the back foot, with the index declining 0.29% to 8,180.00 just after the opening bell. On Friday, London’s blue-chip index dropped by 0.45%, falling 37.33 p

Sam Boughedda
Puma: Lack of Earnings Momentum to Weigh on Stock

UBS has adjusted its outlook for Puma, lowering the price target from EUR 51 to EUR 48.50 in a note this week and maintaining a Neutral rating on the shares. This revision

Sam Boughedda
Glencore Gains Final Approval For Elk Valley Resources Acquisition

Glencore (LON: GLEN) said Friday that it has secured the final regulatory hurdle for its acquisition of a 77% stake

Sam Boughedda
EU Imposes Tariffs on Chinese EVs

In a significant move that will impact the automotive industry, the European Commission has decided to apply extra duties on electric

Asktraders News Team
Rolls-Royce Shares Trading Up As Barclays Lift Price Target to 495p

Rolls Royce shares (LON: RR) are trading up by 1.1% into the afternoon session, taking the YTD gains to a combined 54.65%. Bullish sentiment is continuing to

Asktraders News Team
Is Meta Ahead in AI Race Against Google?

The technological landscape is shifting rapidly as big tech companies race to integrate artificial intelligence (AI) into their busines

Asktraders News Team
Glencore Halts Sale of Kazzinc Stake

Glencore PLC (LON: GLEN) has withdrawn from its planned sale of a significant share in Kazzinc, a major player in Kazakhstan's mining sector, after failing to

Asktraders News Team
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