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EU Semiconductor Targets Hitting Speed Bumps – Large Project Pipeline Remains

As leading semiconductor stocks continue to boost markets in the US and Asia, the European Union's grand vision to bolster its o

Asktraders News Team
Ryanair: Analysts Cautious Following ‘Disappointing’ Commentary

Ryanair (LON: RYAAY), the European budget airline known for its aggressive pricing strategy, is facing scrutiny from analysts, with one citing "disappointing" commentary from select low-cost airlines and package holiday opera

Sam Boughedda
EU Electric Car Sales Dip Amid Subsidy Cuts – Germany Leading

In May, the European Union (EU) witnessed a decline in sales of new battery-electric vehicles, falling 12% compared to the same month last year. This downturn is especially pronounced in Germany, where sales plummeted by 30%.

Asktraders News Team
Supermicro Stock (NASDAQ: SMCI) Gains 2000% In 2 Years – What Is Next?

Supermicro stock (NASDAQ: SMCI) has been a standout performer on the Nasdaq in the last 2 years, making an astonishing run in price up from $43 and change to it's latest close at $920. Delivering more than 20x

Asktraders News Team
Sainsbury Agrees to Sell Core Banking Business to NatWest

Sainsbury's (LON: SBRY) announced Thursday that it has entered into an agreement to sell its core banking business to NatWest Group. The deal includes Sainsbury's Bank's personal loan, credit card, and retail deposit portfoli

Sam Boughedda
Will A ‘Defense Supercycle’ Boost Stocks? (BA.L, GD, RHM.F, PLTR)

Many defense stocks have experienced a significant rally over the past year, with an increase of 40% being seen by firms such as

Asktraders News Team
Barclays Shares (BARC) Up 1/3rd In 2024 – Is The Stock Still Value?

Barclays shares (LSE: BARC) have been one of the success stories of 2024 so far on the UK markets. With the bank flagged as a potentially under-the-radar

Asktraders News Team
Just Eat Shares (LON: JET) Rising On News Of Amazon Partnership

Just Eat Takeaway shares (LON: JET) are trading up 3.22% so far today, as news of a new partnership hits. JET stock has otherwise had a more difficult start to 2024 than some it's peers, with losses of 12% leaving holders loo

Asktraders News Team
Nvidia Stock (NVDA) Takes The Title Of Most Valuable Public Company

Following a remarkable surge in market capitalization, Nvidia stock (NASDAQ: NVDA) has eclipsed tech giants Apple (NASDAQ: AAPL) and Microsoft (

Asktraders News Team
Bharti Airtel Adds 1% Stake in Indus Towers As Vodafone Divests

Bharti Airtel, a leading global telecommunications company with operations in 18 countries across Asia and Africa, has recently expanded its investment in telecommunication infrastructure by acquiring a 1% equity stake in Ind

Asktraders News Team
UK Inflation Hits BoE’s 2% Target – FTSE 100 Index Takes Slight Dip

In a significant development for the UK economy, inflation has decelerated to the Bank of England’s target of 2% for the first time after almost three years. According to the latest figures, the Consumer Prices Index (CPI) sa

Asktraders News Team
Fisker’s Bankruptcy Marks an End to EV Ambitions

In a significant turn of events for the electric vehicle (EV) industry, Fisker, once a promising competitor to Tesla, has filed for bank

Asktraders News Team
Telecom Workforce Shrinks Amid Industry Shake-up

Telecommunications companies across the globe are signaling industry-wide headcount reductions, with recent announcements coming from prominent players such as Cisco (NASDAQ: CSCO), Telefonica (BME: TEF), Telstra (ASX: TLS),

Asktraders News Team
Tesco Shares: Citi Remain Buyers

Following Tesco's (LON: TSCO) first-quarter trading statement last week, analysts at Citi said they remain buyers of the supermarket giant's shares, stating the quarter was encouraging.

Sam Boughedda
Hargreaves Lansdown Willing to Back Private Equity Takeover Offer

Hargreaves Lansdown's (LON: HL.) board of directors indicated a willingness to recommend a revised takeover offer from a private equity consortium. The consortium, led by C

Sam Boughedda
Europe’s Biggest Stock Exchange By Market Cap, Changes At The Top

London, has once again secured its position as the largest stock exchange in Europe, overtaking Paris, France. This development marks a significant shift in the European financial landscape, occurring less than two years afte

Asktraders News Team
Is the Ethereum ETF Incoming?

The US Securities and Exchange Commission (SEC) has notably moved to ask major exchanges for revisions on their applications to list spot ether exchange-traded funds (ETFs), signalling a possible move towards approval. Source

Asktraders News Team
Unilever Share BuyBack Plan Continues

Unilever PLC, the British-Dutch multinational consumer goods company, has recently engaged in a significant repurchasing of its own shares. Listed on the London Stock Exchange under the ticker

Asktraders News Team
Rolls-Royce (LON: RR) Shares Break 200% Gains Over 12 Months

Rolls-Royce share price (LON: RR) continues to display a bullish trend, adding 1.3% to bring the 12 month gain to 204%. Despite pausing for breath in the pa

Asktraders News Team
ASTS Stock Adds 14.97%, As Surge in Call Options Continues

AST SpaceMobile stock (NASDAQ: ASTS) added 14.97% on Monday, bringing the monthly gain to 122.54%. The stock has experienced an unusually high volume of trading in call options, with participants snapping up 29,898 call optio

Asktraders News Team
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