Financial & Business News

ASOS PLC (LSE:ASC) said it expects to report stronger profits in the first half of its financial year, helped by tighter cost controls and a shift back towards full-price sales. In a brief trading update on Friday, the online fashion retailer flagged a “significant improvement in profitability” for the six months to the end of February, despite ongoing pressure on sales volumes.

As the market raged in 2024, Warren Buffett and his company, B erkshire Hathaway (BRK.A 0.55%) (BRK.B 0.62%), did very little. They were net sellers of stocks; Berkshire repurchased less of its own stock than in years prior, and the large conglomerate also hoarded a staggering $334 billion of cash and short-term U.S. Treasury bills.

I maintain a hold rating on Community Trust Bancorp due to its significant stock rise and current fair valuation amidst macroeconomic uncertainty. CTBI's net interest income improved by 15.20% QoQ, driven by a stall in expenses growth and increased income on earning assets, expanding profit margins. The bank's experienced management and resilient loan portfolio have shown steady growth and low nonperforming loans, even through various economic cycles.

Chevron (CVX 0.45%) offers passive income investors a robust dividend yield.

Artificial intelligence stocks have stumbled as tariffs imposed by the Trump administration have caused recession fears to resurface. That is especially true where the "Magnificent Seven" are concerned.

ANGLE PLC (AIM:AGL, OTCQX:ANPCY) has completed two major projects for AstraZeneca PLC (LSE:AZN), expanding the use of its Parsortix liquid biopsy system to support clinical trials in prostate and multiple cancer types. The system isolates cancer cells from a simple blood sample, providing a non-invasive way to monitor how a patient's disease is responding to treatment.

Oil prices rise 2% on supply cuts and fresh sanctions. WTI and Brent forecast shows key resistance ahead amid growing geopolitical uncertainty.

UK-based Energean said on Friday it was terminating its deal with private equity fund Carlyle for some of the gas producer's assets due to pending regulatory approvals in Italy and Egypt.

Technology stocks have gotten off to a rough start so far in 2025. As of this writing, the Nasdaq Composite is down 8% on the year.

Diversified Energy Company PLC (LSE: DEC) (NYSE: DEC) announces that on March 20, 2025, a member of the Company's Board of Director's (the “Board”) transacted in ordinary shares of 20p each in the Company ("Ordinary Shares").