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Adobe shares slump on soft sales outlook
Proactive Investors· 2024-03-15 14:26
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
CVS downgraded as vet probe drums up concerns
Proactive Investors· 2024-03-15 12:01
CVS Group (AIM:CVSG), the veterinary service provider, has been downgraded to "sector perform" by analysts at RBC following the CMA's review of the industry. The group's price target has also been reduced from 2,100p to 1,200p, with the new price representing around a 15% premium to its current market value. RBC said: "The CMA's proposal to conduct a Market Investigation casts a pall over the industry that is unlikely to be resolved for 18-21 months." Analysts at the Canadian bank believe the market is "sig ...
Tesla growth to slow as deliveries dry up, says broker
Proactive Investors· 2024-03-14 17:46
About this content About Leo Grieco Leo joins us with a degree in Media Production from Bournemouth University. His work includes reporting for the UK editorial team and video editing for the broadcast team. He comes with an expertise in video editing and producing. Leo’s specialities include hospitality and leisure, support services, tech and video games. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and fi ...
Nvidia shares set to rise during AI conference - broker
Proactive Investors· 2024-03-14 14:32
About this content About Leo Grieco Leo joins us with a degree in Media Production from Bournemouth University. His work includes reporting for the UK editorial team and video editing for the broadcast team. He comes with an expertise in video editing and producing. Leo’s specialities include hospitality and leisure, support services, tech and video games. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and fi ...
Dollar General rises as sales forecast beats consensus
Proactive Investors· 2024-03-14 12:59
About this content About Leo Grieco Leo joins us with a degree in Media Production from Bournemouth University. His work includes reporting for the UK editorial team and video editing for the broadcast team. He comes with an expertise in video editing and producing. Leo’s specialities include hospitality and leisure, support services, tech and video games. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and fi ...
Barclays price target upgrade from American investment bank
Proactive Investors· 2024-03-14 12:51
JP Morgan has increased its price target for Barclays PLC (LSE:BARC) from 200p to 220p, emphasising the potential value unlocked through the bank's strategic evaluation of its Merchant Acquiring business. This operation, integral to processing credit and debit card transactions for businesses, is reportedly worth around £1 billion.  The investment bank's analysis suggests that any transaction involving Barclays' Merchant Acquiring business would likely necessitate considerable investment in technology infra ...
Rolls Royce, Nvidia and Bitcoin leveraged trading products double size of ETF and ETP firm in a matter of weeks
Proactive Investors· 2024-03-14 08:51
Rolls-Royce Holdings PLC (LSE:RR.), Tesla Inc (NASDAQ:TSLA, ETR:TL0) and NVIDIA Corp (NASDAQ:NVDA, ETR:NVD) were among the top performers for leveraged GraniteShares investment products, as the exchange-traded products (ETPs) provider saw record trading volumes in the Europe and United States. The company, in a statement, said its assets under management have now eclipsed $4 billion for the first time. Significantly, it said that AUM has in fact doubled in just the past month and a half, from $2 billion at ...
Tesla a “growth company with no growth” – broker
Proactive Investors· 2024-03-13 18:44
About this content About Leo Grieco Leo joins us with a degree in Media Production from Bournemouth University. His work includes reporting for the UK editorial team and video editing for the broadcast team. He comes with an expertise in video editing and producing. Leo’s specialities include hospitality and leisure, support services, tech and video games. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and fi ...
Nvidia stock still has room to grow, reckon BoA analysts
Proactive Investors· 2024-03-13 15:39
About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...
America versus Europe: The big-cap stocks face off
Proactive Investors· 2024-03-13 12:26
Who is better, the United States of America or the European Union? On the one hand, European citizens are by and large privy to free access to healthcare, though the land of the free is considerably less stingy with its food portion sizes. The benefits of each can be argued until the cows come home, but what about stock market performance? Deutsche Bank analysts have dug deep into the data to provide some enlightening comparisons between Europe’s ‘Fabulous 5’ big-cap stocks and the US’s ‘Magnificent 7’. You ...