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Block Inc (NYSE: SQ) & Palantir (PLTR) Eyeing S&P 500 Inclusion

As Wall Street gears up for the next quarterly rebalance of the iconic S&P 500 taking place on June 21st (decision date 7th

Asktraders News Team
Lloyds Shares Hit 52 Week High, What Is The Next Milestone?

Lloyds Banking Group Plc shares (LON: LLOY) have had an impressive beginning to the year 2024, with the price witnessing a substantial uptick. Currently, the stock sits at 54.02p, marking a notable gain of 10.9% from its open

Asktraders News Team
Microsoft AI Expansion Continues – Informa $10m Deal Adds To ServiceNow Expansion

In a strategic move to bolster its artificial intelligence capabilities, Microsoft Corp. has secured a data access agreement with Infor

Asktraders News Team
BAE System Share Price: Catalysts Needed?

BAE Systems (LON: BA.) revealed in an AGM statement on Thursday that trading so far this year has been in line with expectations, but is that enough for the stock's rally to continue?

Sam Boughedda
Watches of Switzerland Acquires Roberto Coin in $130m Deal

Watches of Switzerland (LON: WOSG) has made a significant stride in its luxury branded jewellery strategy with the acquisition of Roberto Coin Inc. for a total consideration of $130 million. 

Sam Boughedda
Lyft’s Shares Surge As Earnings Drive In A Wave Of Positivity

Shares of ride-sharing company Lyft Inc. (NASDAQ: LYFT) experienced a sharp uptick, climbing 9.4% in the morning trading session following the announcement of their first-quarter earnings before pulling back slightly, sitting

Asktraders News Team
Social Media Stock Trends. An 8.93% Drop Vs 51.44% Gain Over 1 Month

In the competitive arena of social media stocks, titans Meta Platforms (NASDAQ:META) and Snap Inc. (NYSE:SNAP) presented contrary sc

Asktraders News Team
Nvidia Price Target Raised to $1,100 by Goldman Sachs

In a show of confidence in Nvidia Corporation's market position and future prospects, Goldman Sachs has revised its 12-month price target for the technology giant to $1,100, up from the previous forecast of $1,000, while main

Asktraders News Team
Berkshire Hathaway, S&P 500 ETF and Russell 2000 Index Compared

When looking to seek out top-performing shares and funds, investors can be forgiven for thinking that the S&P 500 is the be all and end all of places to consider. In the interests of analysis, and looking to maximise retu

Asktraders News Team
NatWest Shares (LON: NWG) Up 42.10% In 2024 – Analysts Continue Support

As Natwest shares come fresh off 52 week highs, a new $1billion bond issuance is set to raise funds for the bank's operations. Closer scrutiny of the firm is warranted after 42.1% gains through 2024 put the stock up at 10 yea

Asktraders News Team
Shell Singapore Refinery Being Sold To JV Partners

In what has been a busy couple of days in the rebalancing of Asia-Pacific operations of energy powerhouse Shell, an agreement to sell its Bukom refinery based i

Asktraders News Team
Boeing’s Starliner Launch Delayed Over Oxygen Valve Issue

Boeing's (NYSE: BA) spaceflight ambitions suffered a setback this week when the company postponed the launch of its CST-100 Starliner spacecraft due to a last-minute technical snag. Just hours before the scheduled liftoff, en

Asktraders News Team
British Biotech OCTP Shares (Oxford Cannabinoid) Delisting from LSE

Oxford Cannabinoid Technologies Holdings (OCTP) has announced plans to delist from the London Stock Exchange (LSE). The pharmaceutical firm, specializing in cannabinoid-based therapies, cited a sense of being undervalued on t

Asktraders News Team
UK Fuel Costs Rise as Retail Margins Hit Highs

UK motorists are facing an increase in fuel costs, with prices for petrol and diesel having risen by 10p per litre in the current year. This trend has added approximately £5.50 to the cost of filling up a typical family vehic

Asktraders News Team
Rivian Shares Have A Seesaw Day As Losses Widen After Earlier Apple Link

Electric vehicle manufacturer Rivian Automotive has affirmed its production forecast for 2024, setting targets that fall short of Wall Street expectations. Despite the opt

Asktraders News Team
A Glencore Bid For Anglo American Wouldn’t Surprise BofA

A report from Reuters last week stated that commodities firm Glencore (LON: GLEN) is assessing a potential approach for Anglo American (LON: AAL), a move that would not surprise analysts at Bank of America. 

Sam Boughedda
JD Wetherspoon Shares Rise as Sales Continue Recovery

Investors reacted positively to J D Wetherspoon's (LON: JDW) trading update for the 13-week period ending April 28 on Wednesday. The update indicated a steady recovery in sales following pandemic-induced challenges, helping p

Sam Boughedda
Boohoo: Revenue Drops 17% Amid ‘Challenging Market Backdrop’

Online fashion retailer Boohoo (LON: BOO) reported its full-year results for the 12 months ended February 29 on Wednesday, marked by a significant 17% decline in revenue compared to the previous year, reflecting the hurdles p

Sam Boughedda
FTSE 100 Closes At Record High – Recap Of Tuesdays’ Big Movers

London's premiere stock index, the FTSE 100, hit 52 week highs before setting the stage for a record close at 8313, marking a significant 100-point rise (1.22%) in Tuesday's session. Let's take a quick skim through yesterdays

Asktraders News Team
Palantir Takes A Tumble Post Earnings – Is The Stock Now A Buy? Analyst Views

The Palantir Technologies' (NYSE: PLTR) stock price gapped down this morning post-first-quarter earnings that beat on revenue. To understand the drop in spite of an earnings beat, you have to look to the weight of expectation

Asktraders News Team
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