Trainline PLC shares fell 19% following a Competition and Markets Authority (CMA) investigation into how booking fees are displayed to customers. Shore Capital argues this drop is an overreaction, as the CMA has not found any consumer law breaches and penalties in similar cases have been modest. The broker maintains a 'buy' rating with a 400p target price, citing growth in Europe and business services as positives. Investors seem to agree, with shares recovering slightly in early trade.
Spectrum Brands Holdings remains a buy as its Home & Garden and Global Pet Care segments drive revenue and EBITDA growth with strong volume and pricing. Despite a one-time net income hit, operational momentum and cash flow strength support the positi...
Ondas Holdings is rated Buy due to its triple-digit revenue growth, a strong cash position of $1.4 billion, and a forward price-to-sales ratio of 9.3x to 9.7x. The company targets revenues between $525 million and $550 million by 2026, backed by an $...
Bitcoin price remains steady above $77,000 despite the US Treasury's announcement of new economic sanctions against Iran, described as an "economic D-Day" targeting Iran's financial lifelines. The sanctions have led to a drop in oil prices to $85 per...
PTC Therapeutics is valued at $5.83 billion, driven by rapid revenue growth from its lead product Sephience, which accounts for 63% of its product revenue and is expanding globally. The company also has ST-920, a late-stage gene therapy for Fabry Dis...
A Federal Reserve Bank of Cleveland working paper found that showing U.S. households information about Bitcoin's past returns significantly increased their desire to own crypto, raising desired allocations by about two percentage points, a 47% increa...
