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Why were Riot Platforms Shares (NASDAQ: RIOT) Down?

Kerrisdale Capital, a well-known short seller, announced early yesterday that it had taken a bearish stance on Riot Platforms (NAS

Asktraders News Team
Amazon Expands in India with MX Player Acquisition

Amazon (NASDAQ:AMZN), the global e-commerce and cloud computing giant, has announced it has entered into an agreement to acquire specific assets of MX Player, an Indian video streaming service. This strategic move aims to bol

Asktraders News Team
Meta Shares Look Set To Take Out $500 But Facing EU Backlash Over AI Data Practices

Coming off the back of a very strong day for Meta stock (NASDAQ: META), adding 3.79% on the day, comes further scrutiny from Europe. Shareholders will be hoping that this does not derail the momentum that has seen the stock a

Asktraders News Team
Deutsche Bank Optimistic on Rio Tinto Amid Copper Rally

In a recent update, Deutsche Bank has adjusted its target for shares in global mining giant Rio Tinto (LON : RIO), as copper prices experience a robust surge. The target for

Asktraders News Team
LON: BPT – Bridgepoint Chair William Jackson to Exit

Bridgepoint Group (LON: BPT), a prominent asset manager, has announced a significant shift in its leadership as founder and outgoing chair William Jackson prepares to step down from his role on the board this summer. Jackson,

Asktraders News Team
Fever-Tree Shares Jump as Brand Continues to Drive Market Share Gains

Fever-Tree (LON: FEVR), the premium drink mixer brand, saw its stock rise 3% at Thursday's opening bell, fuelled by continued market share growth.

Sam Boughedda
BHP Group Has ‘Attractive Valuation’ Says Goldman Sachs

Investment bank Goldman Sachs has identified BHP Group as having an "attractive valuation" in a note this week.

Sam Boughedda
Supermicro Stock (NASDAQ: SMCI) Heats Up On Liquid-Cooled AI Innovation

Super Micro Computer Inc stocks (NASDAQ: SMCI) are trading high today, up 5.59% as news of a a new AI innovation hits. The SMCI share price is heating up, after a period o

Asktraders News Team
Shorted Stocks in the UK – Which Names Make The Most ‘Unwanted’ List

Short-selling is a controversial topic but one that investors need to know about. The practice involves selling shares in a company that you don’t already own, in the expectation that at some later date, the price will have f

Asktraders News Team
Elections Stir Global Market Uncertainty

Recent electoral outcomes across several countries have triggered notable financial market movements, with investors displaying acute sensitivity to political shifts. In

Asktraders News Team
CrowdStrike Stock Surges on Strong Q2 Outlook

Shares of CrowdStrike Holdings (NASDAQ: CRWD), a prominent cybersecurity firm, experienced a significant premarket surge as the company’s second-quarter revenue forecast exceeded Wall Street expectations.

Asktraders News Team
SSE Index Dips With Chinese Stocks Despite Service Sector Acceleration

Chinese equity markets closed lower on Wednesday, despite a notable uptick in service sector growth. The Shanghai Composite (SSE index) faced a downturn, shedding 0.83% to end at 3,065.40, while the broader blue-chip CSI300 i

Asktraders News Team
FTSE 250 Dips Slightly As 100 Gains – Rate Cut Expectations Growing

London stocks have endured a mixed start to Wednesday, following a weaker-than-expected report on US jobs. The FTSE 100 index was up 0.288% at 8,255 as speculation over upcoming rate cuts by major central banks, yet the FTSE

Asktraders News Team
Sitting Near 52 Week Lows, Why Is Intel Stock (NASDAQ: INTC) Down?

Intel's share price (NASDAQ: INTC) has been hovering around 52 week lows over the last month, with shareholders finding themselves 37.18% in the red year to date. With new deals, and announcements on the horizon, you have to

Asktraders News Team
(NYSE:HPE) – Hewlett Packard Q2 Earnings Sends Stock Price Higher, Beat & Raise

Hewlett Packard Enterprise (NYSE:HPE) announced its second-quarter earnings after the bell last night, sending the stock price soaring, up almost 15% in premarket trading this morning.

Asktraders News Team
Carnival Corp (CCL) Shares: Analysts Get More Bullish on The Stock

Carnival Corp (LON: CCL) has had to navigate a turbulent last few years. However, with what looks like clear skies ahead, analysts are turning bullish on the cruise line giant.

Sam Boughedda
Darktrace (LON: DARK) and Vistry Group (VTY) Contending For FTSE 100 Inclusion

The FTSE 100, the index representing the 100 largest companies listed on the London Stock Exchange, has its rebalancing coming tomorrow (with data used from close of markets today). Adjustments to the index occur quarterly, r

Asktraders News Team
Bath & Body Works Stock (NYSE: BBWI) Dips On Earnings – Outlook Fails To Deliver

Bath & Body Works stock (NYSE: BBWI) has taken a tumble in the premarket, down more than 8% as disappointing outlook guidance comes through from what was an otherwise solid beat on Q1 earnings expectations. The leading sp

Asktraders News Team
BYD Pushing To New Heights As Tesla (TSLA) & Nio (NIO) Stocks Retreat

BYD shares (HK: 1211) have performed in contrast to some of the competitors in the EV space this year, with more than 10% gains for the stock in 2024. Contrast this with the fortunes of

Asktraders News Team
FTSE 100 Dips Amid Weaker Retail Sales – India Stock Markets Suffer, Wiping Out Gains

London's stock market face a gloomy start on Tuesday morning, as the FTSE 100 index trades down 0.68% through the early hour

Asktraders News Team
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