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A Labour Party Win Not Seen as GBP Negative, Says Mizuho

Analysts at Mizuho suggest that a Labour Party victory in the upcoming UK election would not adversely impact the British pound (GBP). The investment firm argued, in a note

Sam Boughedda
Ryanair Earnings Growth to Slow – Goldman Sachs

Goldman Sachs analysts foresee a slowdown in Ryanair's (NASDAQ: RYAAY) earnings growth, citing a more challenging business environment in a note to clients Thursday. Accord

Sam Boughedda
JPY Continues To Drop Against USD – Market Concerned By History

The Japanese yen's recent plunge, with exchange rates soaring past 160 yen to the US dollar, has markets and investors recalling historic financial events. The yen's weakness is not merely a point of nostalgia for leg warmer

Asktraders News Team
H&M Shares (STOK: HM-B) Gap Down As Firm Expects Turbulent Sales Period Ahead

H&M shares (STO: HM-B) have taken a remarkable one day turnaround, with the 52 week highs achieved yesterday already long gone. After closing at 194.65 SEK, the stock price gapped down this morning, opening at 171. Despit

Asktraders News Team
Amazon Stock (NASDAQ: AMZN) Hits Fresh All Time High, Joins $2 Trillion Club

Amazon stock (NASDAQ: AMZN) has caught a wave of bullish sentiment in recent days, quietly gaining ground as others stumble. Gain

Asktraders News Team
RSV Vaccine Update Rattles Pharma Stocks – GSK.L, PFE, MRNA

Following recent guidance from U.S. health authorities on the administration of respiratory syncytial virus (RSV) vaccines, shares of pharmaceutical companies took a hit. GlaxoSmithKline PLC (LON:GSK), a major vaccine manufac

Asktraders News Team
Down Days For KOSPI & NI225 Index As US, Japan, South Korea Strengthen Strategic Ties

On what has been a down day for markets kicking off the Thursday trading day in Asia, a strengthening of collaboration between three major nations may help foster future growth.

Asktraders News Team
Watches of Switzerland Profits Slide, But CEO Sees ‘Unique Growth Opportunities Ahead’

Watches of Switzerland Group (LON: WOSG) saw profits decline in fiscal year 2024 (FY24) due to challenging market conditions. However, the company remains confident in its future, citing strong growth in the US and strategic

Sam Boughedda
Shein Filed For London IPO, But Some Investors Are Cautious

Fast-fashion giant Shein has confidentially filed for a potential IPO on the London Stock Exchange later this year, according to reports. Shein's initial plan was for a New

Sam Boughedda
Carnival Stock Price (NYSE: CCL) Adds 12% In 2 Sessions – Upside Analyst Forecasts Help To Push 2024 Highs

Carnival's stock price (NYSE: CCL) has gained almost 12% in two post earnings trading sessions, as the print has set markets and analysts scrambling for new targets. The stock has now hit YTD highs, with bullish sentiment cle

Asktraders News Team
Chipotle Stock Price (NYSE: CMG) Starts Life Anew After 50-1 Split Completes

Chipotle Mexican Grill stock (NYSE: CMG), a household name in the fast-casual dining sector, has now completed a significant 50-for-1 stock split. The immediate reaction was a dip in the share price, as the stock dipped 4% ri

Asktraders News Team
AstraZeneca Share Price (LON:AZN) Hits New ATH Before Retreating To Red On The Day

AstraZeneca share price (LON:AZN) took out a new all time high in today's trading session, before falling back to test the £125 mark. Giving up the gains to end the day 0.25% may not sound like a landmark day, but for those t

Asktraders News Team
US Market Roundup, PreMarket Movers, & Earnings Today

US markets were split yesterday, as the return came for the tech sector to prop up markets after Monday's pullback in notable mega cap tech names. The S&P 500 Index saw a modest gain, marking an upward trajectory by +0.19

Asktraders News Team
Witan and Alliance Trust in Landmark £5bn Merger – Both Shares Gain On News

In a historic move for the UK investment sector, the Witan Investment Trust (LON: WTAN) has announced a merger with the Alliance Trust (LON: ATST), with aspirations to reach FTSE 100 status.

Asktraders News Team
MicroStrategy Stock Given Buy Rating As Maxim Initiates Coverage – Likes Bitcoin and AI Strategy

MicroStrategy stock (NASDAQ: MSTR) was a big gainer yesterday, as the mini sell off on Bitcoin subsided. Up 9% on the day was well received by holders, and an initiation of coverage from Maxim is also bullish.

Asktraders News Team
Volkswagen Shares Dip On Deal – Rivian Stock (NASDAQ: RIVN) Leading PreMarket Gainer

Shares of Volkswagen AG (ETR: VOW3), Europe's largest carmaker, are down 2.5% in early trading following the announcement of a sizable investment in electric vehicle (EV) company Rivian. The decline in share price reflects in

Asktraders News Team
EnSilica Shares (LON: ENSI) Turn A Corner

EnSilica shares (LON: ENSI) have been rebuilding after a period of uncertainty, with the last 5 months of gains (from Jan 25th close) amounting to 60%. With the 6 months preceding this run up amounting to 50% in losses, holde

Asktraders News Team
Nike (NYSE: NKE) Earnings Preview – Tough Quarter Amid Rising Competition. TD Cohen Lowers Price Target

Nike stock (NYSE: NKE) took a dip in yesterday's session, losing 2.5% in anticipation of what is potentially a tough upcoming earnings announcement tomorrow (27th). Markets are bracing for a challenging quarterly report as th

Asktraders News Team
NatWest Shares (LON: NWG) Gap Up – JP Morgan Reaffirm As Government Divestment Continues

NatWest shares (LON: NWG) gapped up this morning, opening at 312.8 having closed out yesterday's session at 310.3p. With the stock price up 0.6% through the early part of trading, we take a look at the support in the bank's s

Asktraders News Team
Down 17% in 1 Month, Snowflake Stock (NYSE: SNOW) is Under Pressure. Price Targets Still Leave Plenty Of Upside Potential

Snowflake stock (NYSE: SNOW) has been coming under increasing pressure in recent months, with the most recent accounting for a 17% drop in share price. The leading cloud-based data warehousing company has experienced a signif

Asktraders News Team
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