News Archive

US close: Stocks advance despite Trump's dismissal of Iran peace offer

11th May 2026 21:55

(Sharecast News) - Major indices traded higher on Monday despite Donald Trump's rejection of Iran's latest proposal to end their conflict.

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Europe close: Stocks mixed as oil prices surge again

11th May 2026 16:04

(Sharecast News) - European shares closed mixed on Monday while oil prices surged after US president Donald Trump rejected Iran's latest peace proposals, reviving concerns that there would be no immediate end to the conflict in the Middle East.

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London close: Stocks gain despite geopolitical uncertainty, miners provide a lift

11th May 2026 16:03

(Sharecast News) - Strong gains in the heavyweight mining sector lifted London's FTSE 100 higher on Monday despite the ongoing standoff between the US and Iran, while investors chose to shrug off an increase of political risk closer to home.

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Cerebras Systems lifts IPO price range, looks to raise $4.8bn in Nasdaq debut

11th May 2026 15:45

(Sharecast News) - Superfast AI processor firm Cerebras Systems has raised the price of its upcoming initial public offering on Wall Street by nearly 30% and aims to raise up to $4.8bn.

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Deutsche Bank cuts Taylor Wimpey price target

11th May 2026 15:13

(Sharecast News) - Deutsche Bank cut its price target on Taylor Wimpey on Monday to 96p from 122p as it said the housebuilder's recent update painted a more negative picture of the UK housing market than peers and the stock is too expensive relative to peers.

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US open: Stocks slip after Trump dismisses Iran peace offer

11th May 2026 14:28

(Sharecast News) - Major indices traded slightly lower at the bell on Monday after Donald Trump rejected Iran's latest proposal to end their conflict.

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FTSE 100 movers: Airtel Africa surges; Burberry out of fashion

11th May 2026 14:24

(Sharecast News) - London's FTSE 100 was up 0.5% at 10,278.72 in afternoon trade on Monday.

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Fertiliser maker Mosaic swings to Q1 loss as costs surge

11th May 2026 14:09

(Sharecast News) - Florida-based potash and phosphate fertiliser producer Mosaic revealed on Monday that it is reviewing its current production plan amid challenging market conditions, after it swung to a loss in the first quarter as raw material prices soared.

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FTSE 250 movers: TRIG, miners & oil stocks make gains

11th May 2026 13:54

(Sharecast News) - FTSE 250 (MCX) 22,821.94 -0.12%

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Fox shares jump after Q3 numbers beat forecasts

11th May 2026 13:38

(Sharecast News) - Fox Corporation posted above-forecast quarterly numbers on Monday, sending shares in the US broadcaster sharply higher.

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Apollo to buy Emerald, Questex in $1.5bn deal

11th May 2026 13:37

(Sharecast News) - Apollo Global Management said on Monday that it has agreed to buy live events organisers Emerald and Questex for $1.5bn in cash, with the intention of combining the two to create "a leading North American B2B experiential events and media platform".

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Galantas Gold to raise $85m to fund work at Indiana, Andacollo

11th May 2026 13:36

(Sharecast News) - Galantas Gold said on Monday that it intended to raise up to $85m through a brokered private placement to fund exploration and development work on its Chilean gold and copper assets.

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Pennant secures £1m training systems contract

11th May 2026 13:33

(Sharecast News) - Pennant International said on Monday that it had secured a new training systems contract worth an initial £1m with a UK manufacturer of air defence applications.

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First Development appoints drilling contractor for maiden Lander West programme

11th May 2026 13:30

(Sharecast News) - First Development Resources said on Monday that it had appointed GD GeoDrill Australia as drilling contractor for its maiden phase-one reverse circulation drilling programme at the Lander West gold target within its wholly-owned Selta project in Australia's Northern Territory.

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4basebio launches high-capacity single-stranded DNA product line

11th May 2026 13:27

(Sharecast News) - 4basebio said on Monday that it had commercially launched a high-capacity single-stranded DNA product line aimed at supporting the development of gene editing, cell engineering and nucleic acid-based medicines.

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