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AXT Stock Price Continues to Face Downward Pressure

AXT's stock price (NASDAQ:AXTI) is a notable faller on the NASDAQ today, down 13.78% at a price of $2.22, a notable decline from the previous close of $2.58 and brings t

Asktraders News Team
European Airline Shares: Analysts Make Buy/Sell Calls (IAG, EZJ, WIZZ)

In a note to clients this week, analysts at Jefferies initiated coverage of European Airlines, including IAG, Wizz Air and EasyJet, offering contrasting views on the stocks.

Sam Boughedda
Peloton Stock (PTON) Makes New 52 Wk High, Price Action Outpaces Analyst Hikes

Peloton's stock (PTON) was a big gainer on the NASDAQ Thursday, adding 27.82% and hitting a new 52 week high on a downward day for the broader market. The American exerc

Asktraders News Team
Analysts Bullish on Uber’s Growth Despite Pullback (UBER)

Goldman Sachs reiterated its confidence in Uber Technologies Inc (NYSE: UBER), highlighting the company's potential for growth and future profitability. The prestigious financial institution maintained a Buy rating on Uber's

Asktraders News Team
Parkland Stock Continues To Slip as Firm Slashes Profit Outlook

Parkland Corporation (TSE: PKI), a prominent player in the fuel retailing sector, announced a significant cut in its profit guidance for 2024, causing its stock to fall 4.23% through Thursday's session. The YTD performance fo

Asktraders News Team
Amazon Earnings See’s Stock Up Big Pre-Market With 52 Week High In Sight

Amazon.com Inc has reported third-quarter earnings that surpassed Wall Street's expectations, predominantly fuelled by robust retail sales. This positive financial revelation triggered an immediate response in the stock marke

Asktraders News Team
Why Is SuperMicro’s Stock (SMCI) Continuing To Drop?

If you hadn't checked on Super Micro Computer's stock price (NASDAQ: SMCI) in a while, you could be forgiven for taking a sharp breath in surprise, with the stock having fallen 42% in two trading sessions, and trading down an

Asktraders News Team
Reckitt Benckiser Clears Legal Hurdle, Share Price Jumps And Reclaims 5,100

Reckitt Benckiser Group's share price (LON: RKT) experienced a notable jump this morning, adding 8.88% and recapturing the 5,100 level following the company's vindication in a lawsuit concerning their baby formula products. T

Asktraders News Team
Boohoo Appoints New CEO, It’s Not Mike Ashley

On Friday, Boohoo Group (LON: BOO) announced the appointment of Dan Finley as its new Chief Executive Officer, not bowing to pressure from Frasers Group to appoint Mike Ashley.

Sam Boughedda
Merck Stock Price (NYSE: MRK) Makes New Low As Market Shifts

On a bearish day for markets, pharmaceutical giant Merck & Co's stock price (NYSE: MRK) hit a new 52-week low of $98.60 before steadying slightly back near $102 for a 2.79% decline on the day. This downturn brings the YTD

Asktraders News Team
Will Lloyds Need To Trim £2bn Buyback After Court Ruling?

Lloyds Banking Group (LON:LLOY) may be forced to dramatically scale back its £2 billion share buyback program for the next year due to a recent adverse ruling from the

Asktraders News Team
Twilio Stock (TWLO) Hit’s Multi Year Highs Against Difficult Backdrop

In a significant triumph for Twilio Inc. (NYSE:TWLO), the cloud communications platform's stock has soared to 52-week, and multi-year highs at $83.30. Today's 14.8% surge has been made against the backdrop of US indices tradi

Asktraders News Team
FTSE 100 Stumbles – Shell Makes Gains As Housebuilders Slump

The UK's benchmark FTSE 100 index, currently trades down 1%, as US markets opened to a red wave. The trend has been bearish over recent sessions, with today's drop ma

Asktraders News Team
Robinhood Stock (HOOD) Retreats From Highs As Growth Stalls

Robinhood Markets' stock price (NASDAQ: HOOD) is indicating an open to the downside, with the stock down 9.39% as we approach the end of the pre-market session. With sentiment bullish leading into earnings, and the stock fres

Asktraders News Team
Eli Lilly’s Earnings Miss Triggers Stock Volatility

Eli Lilly stock (NYSE: LLY) took a dramatic decline following earnings, at one point falling as much as 14% as markets digested the print. By the close, LLY had regained some of the losses, but ended down 6% following its thi

Asktraders News Team
Shell Shares Rise Despite Profit Dip as Buyback & Dividend Confirmed

Energy titan Shell's share price (LON: SHEL) added 1.53% through today's morning session following a third-quarter earnings report that surpassed analyst expectations.

Asktraders News Team
Substantial Q3 Profit For Swiss National Bank As Gold Rally Continues

The Swiss National Bank (SNB) has reported a significant profit for the third quarter of the fiscal year. According to financial statements, the profit amounted to 5.67 billion Swiss francs, which is equivalent to approximate

Asktraders News Team
Haleon Stock Slides Following Q3 Update

Shares of Haleon (LON: HLN), the consumer healthcare giant spun off from GSK, declined Thursday, currently down more than 2% following the release of its Q3 trading update.

Sam Boughedda
Starbucks Stock Continues To Underperform as Sales Dip

Starbucks's stock (NASDAQ: SBUX) has been a disappointing hold over recent years, with a significant underperformance to the market unlikely to be changing off the back of recent results. SBUX has delivered gains of 5.51% ove

Asktraders News Team
Kainos Shares Plunge as Company Cuts Full-Year Revenue Expectations

Kainos Group (LON: KNOS), a UK-based IT provider, saw its share price plummet by 14.5% on Thursday after the company released a trading update, lowering its full-year revenue expectations.

Sam Boughedda