News Archive
US close: Rising oil prices, bond yields push stocks lower
17th Aug 2026 22:51
(Sharecast News) - US stocks declined on Monday despite gains in the AI and chip sectors, as oil prices and bond yields rose on the back of ongoing geopolitical uncertainty in the Middle East.
Read moreIran to shift policy to 'fully offensive' as MoU with US expires - report
17th Aug 2026 15:12
(Sharecast News) - Iran has reportedly decided to shift its policy from defensive to "fully offensive" due to the deadlock in efforts to agree a permanent end to its war with the US, as the memorandum between the two expired.
Read moreEurope close: Stoxx down as China data points to slowdown
17th Aug 2026 15:03
(Sharecast News) - European shares closed lower on Monday as weak data out of China and Japan hit sentiment.
Read moreFTSE 100 movers: Rolls-Royce rallies on Citi note; retailers slump
17th Aug 2026 14:02
(Sharecast News) - London's FTSE 100 was down 0.1% at 10,739.27 in afternoon trade on Monday.
Read moreBroker tips: Hill & Smith, Rolls-Royce
17th Aug 2026 13:58
(Sharecast News) - Analysts at Berenberg hiked their target price on Hill & Smith from 2,950p to 3,180p on Monday, citing upgraded earnings forecasts and continued momentum in the group's US operations.
Read moreUS open: Stocks mixed amid AI gains, geopolitical jitters
17th Aug 2026 13:57
(Sharecast News) - Wall Street trading began on mixed note on Monday as renewed enthusiasm around artificial intelligence was balanced against rising geopolitical tensions in the Middle East.
Read moreUS homebuilder confidence edges higher in August
17th Aug 2026 13:51
(Sharecast News) - US homebuilder confidence edged slightly higher in August, according to the latest NAHB/Wells Fargo housing market index, though broader signs of cooling persisted across the sector.
Read moreFTSE 250 movers: Telecom Plus up on trading update
17th Aug 2026 13:40
(Sharecast News) - FTSE 250: 24,720.65 -146.77 (-0.59%)
Read moreNY Empire State manufacturing index strengthens in August
17th Aug 2026 13:37
(Sharecast News) - US manufacturing activity strengthened sharply in August, according to the latest Empire State manufacturing survey from the New York Fed, with firms reporting solid gains in orders and shipments alongside longer delivery times and worsening supply availability.
Read moreTuesday preview: UK jobs data, Home Depot earnings eyed
17th Aug 2026 13:04
(Sharecast News) - UK average earnings and unemployment data for June will be among the highlights on Tuesday, as well as quarterly earnings from US home improvement retailer Home Depot.
Read moreKelso questions The Works chair Bellamy's 'in-person engagement'
17th Aug 2026 12:58
(Sharecast News) - The boardroom dispute between The Works and Kelso Group rumbled on on Monday after the activist investor questioned how much time chairman Steve Bellamy spends in the UK and whether he has enough "in person engagement with the business".
Read moreAlibaba to sell video-games unit Lingxi Games
17th Aug 2026 11:53
(Sharecast News) - Alilbaba has agreed a deal to sell its video-gaming business to private-equity outfit Trustar Capital for at least $1.5bn, as the ecommerce giant offloads non-core businesses and increases its spending on AI.
Read moreEurope midday: Stoxx edges ahead as miners in favour
17th Aug 2026 11:22
(Sharecast News) - European shares were mixed to flat on Monday as investors eyed weak data out of China and Japan.
Read moreLondon midday: FTSE touch higher as miners gain
17th Aug 2026 11:20
(Sharecast News) - London stocks were a touch firmer by midday on Monday, underpinned by strength in the mining sector, as investors mulled the latest house price figures from Rightmove.
Read moreCiti hikes price target on Rolls-Royce
17th Aug 2026 11:04
(Sharecast News) - Citi hiked its price target on Rolls-Royce on Monday to 1,647p from 1,101p as it "materially" upgraded its long-term profit and cash flow forecasts by 30- 40% following "very strong" first-half results.
Read more