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Elon Musk’s xAI Acquires Social Media Platform X for $33 Billion

Elon Musk's artificial intelligence company xAI has acquired the

Asktraders News Team
What is Happening to Wolfspeed’s Stock Price (NYSE: WOLF)

Wolfspeed's stock (NYSE:WOLF) plunged 51.86% during Friday's trading session, closing at a multi-decade low of $2.59 on exceptionally high volume of 175.9 million shares, significantly above its average of 22.7 million. This

Asktraders News Team
FTSE 100 Starts Week Down 1% as Gold Continues To Hit Highs

The FTSE 100 index witnessed a significant decline at the opening, dropping by 1.09%, equivalent to almost 95 points, bringing the index down to 8,564 points.

Asktraders News Team
US Stocks to Open Lower as Quarterly Win Streak Set to Break

U.S. markets are seemingly set to continue the downtrend into the new week, with pre-markets firmly negative this morning following three consecutive days of losses into Friday. Several factors are contributing to the negativ

Asktraders News Team
Tesla’s Stock Price Looks to Test $250 as Pre-Market Selloff Continues

Tesla's stock (NASDAQ: TSLA) is trading down a further 4.39% during this morning's pre-market, following a sell-off that has seen the stock price fall 30% through the first quarter of the year.

Asktraders News Team
Pets at Home Shares Tumble, Expects Lower FY26 Profit

The share price of Pets at Home (LON: PETS) fell sharply on Monday after the UK’s largest pet care retailer warned that its profit for the next financial year would decline. 

Sam Boughedda
Aston Martin to Raise £125m Through Yew Tree Consortium Investment, F1 Team Share Sale

On Monday, Aston Martin Lagonda (LON: AML) announced a proposed £52.5 million investment from the Yew Tree Consortium and plans to sell its stake in the Aston Martin Aramco Formula One Team, aiming to enhance its liquidity by

Sam Boughedda
Ryanair Stock Dips as Price Target Raised to €21

Ryanair's stock (RYA.IR) has today been given a boost, as Jefferies raised its price target to €21 from the previous mark of €18.20, maintaining a Hold rating on the shares ahead of the company's upcoming Q4 earnings report.

Asktraders News Team
EU Set to Limit Fines for Apple and Meta

The European Union (EU) is planning to implement new digital rules for major technology companies, specifically targeting Apple and

Asktraders News Team
India’s Moves to Enhance Trade Relations with the U.S. Boosts Markets

India is actively taking measures to improve its trade relationship with the United States by addressing tariff issues and increasing economic cooperation. This initiative comes amid President Donald Trump's vocal criticism o

Asktraders News Team
SPY ETF Stutters 1 Month on From Record Highs

As the first quarter of 2025 moves towards a close, the S&P 500 is coming off a month that has moved the index negative on the year. Down 4.39% through March, the in

Asktraders News Team
Is Nvidia’s Stock a Buy at Current Levels?

NVIDIA stock price (NASDAQ: NVDA) has fallen more than 7.5% in the past two days of trading, as concerns surrounding the firms Chinese revenue come to the fore. The

Asktraders News Team
EasyJet Cut to Hold as Macro Uncertainty Rises

Deutsche Bank downgraded easyJet (LON: EZJ) to Hold from Buy, reducing its price target for the stock to 600p from 715p, citing rising macroeconomic and geopolitical uncertainty.

Sam Boughedda
WHSmith to Sell High Street Business in £76m Deal

WHSmith (LON: SMWH) said Friday that it has agreed to sell its UK High Street business to Modella Capital in a £76 million deal, as the retailer shifts its focus entirely to its fast-growing travel division.

Sam Boughedda
HSBC Shares Rally off 10% Correction – Can Bulls Sustain Momentum?

HSBC shares (LON:HSBA) have rallied more than 6% from the recent pullback, where 840 held firm and the stock continues the path back towards 900p. As markets look ahea

Asktraders News Team
Dollar Tree’s Price Target Raised on Analysts Positive Big Picture View

Dollar Tree's stock price (NASDAQ: DLTR) ended the post earnings day up 3.08%, slowing slightly through the early hours of pre-market, giving back 0.3%. A positive report from Truist, raising the company's price target on DLT

Asktraders News Team
GameStop Stock Price (NYSE: GME) Down Pre-Market As Volatility Returns in Spades

GameStop's stock (NYSE: GME) delivered another dose of market volatility this week, capping off a turbulent quarter with an earnings report that defied expectations on the bottom line while simultaneously flashing warning sig

Asktraders News Team
Ocado Shares: JP Morgan Sees Reasons to Be Optimistic

JPMorgan upgraded Ocado (LON: OCDO) from Neutral to Overweight in a note on Thursday, raising its price target to 400p from 340p.  The bank highlighted improving margi

Sam Boughedda
Auto Trader a Sell as Near-Term Headwinds Persist: Analyst

On Wednesday, Goldman Sachs resumed coverage of Auto Trader Group (LON: AUTO) with a Sell rating, citing near-term market headwinds and slower-than-expected progress in driving new growth opportunities. 

Sam Boughedda
U.S Tariffs Hit Automakers as 25% Import Rate Added – Stocks Fall PreMarket

The global automotive industry was taken aback by the announcement on Wednesday that the United States would impose a 25% tariff on all vehicle imports. This bold move by President Donald Trump is expected to have significant

Asktraders News Team
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