News Archive

US close: Stocks higher as Big Tech earnings take centre stage

30th Jul 2026 21:59

(Sharecast News) - Major indices closed higher on Thursday as traders digested a fresh wave of Big Tech earnings.

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IG Group to buy US prediction markets operator Underdog for up to $1.3bn

30th Jul 2026 18:11

(Sharecast News) - IG Group said on Thursday that it has agreed to buy US daily fantasy sports and prediction markets ​operator Underdog for up ​to $1.3bn.

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Europe close: Stocks rise on stronger-than-expected eurozone growth

30th Jul 2026 17:05

(Sharecast News) - European shares closed mostly higher on Thursday after stronger-than-expected eurozone growth improved sentiment, despite an overnight Wall Street sell-off and renewed concerns over tighter monetary policy.

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Sovereign Metals reports pre-tax NPV of $2.2bn for Kasiya

30th Jul 2026 17:03

(Sharecast News) - Sovereign Metals said on Thursday that its Kasiya critical minerals project in Malawi delivered a pre-tax NPV of $2.2bn in its definitive feasibility study, based on $727m of capital expenditure to first production.

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Fintel reports strong first-half performance

30th Jul 2026 17:00

(Sharecast News) - Fintel reported a strong first-half performance on Thursday, with organic adjusted EBITDA rising 11.2% to £11.8m as improved efficiency and growth across its core software, data and distribution activities supported margins.

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Kier wins £500m hospital contract

30th Jul 2026 16:37

(Sharecast News) - Infrastructure and construction company Kier Group said on Thursday that it has been appointed as the lead construction partner for the redevelopment of Hinchingbrooke Hospital in Cambridgeshire.

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FTSE 100 movers: Miners rally in tandem with copper prices; Rentokil slumps

30th Jul 2026 15:06

(Sharecast News) - London's FTSE 100 was 0.3% higher at 10,938.67 in afternoon trade on Thursday.

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Friday preview: IAG, NatWest results in focus; BOJ announcement due

30th Jul 2026 14:41

(Sharecast News) - On Friday, investors will eye the latest policy announcement from the Bank of Japan as well as results from BA and Iberia owner IAG, NatWest and Chevron.

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Vanquis Banking pushes back ROTE targets again, shares tumble

30th Jul 2026 14:39

(Sharecast News) - Vanquis Banking Group - formerly Provident Financial - tumbled on Thursday after it pushed back its targets for return on tangible equity again.

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US open: Stocks rebound after Fed pause, Big Tech updates

30th Jul 2026 14:15

(Sharecast News) - Major indices were in the green early on Thursday as markets absorbed a fresh wave of Big Tech earnings, the Federal Reserve's decision to keep rates on hold, and renewed tensions in the Middle East.

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Director dealings: Rockwood Strategic non-executive director snaps up shares

30th Jul 2026 14:13

(Sharecast News) - Rockwood Strategic revealed on Thursday that non-executive director Sangita Shah had acquired 31,443 ordinary shares in the London-listed investment trust.

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FTSE 250 movers: Mondi, Helios Towers surge

30th Jul 2026 14:12

(Sharecast News) - FTSE 250 (MCX) 24,133.82 0.57%

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Broker tips: Rio Tinto, Hostelworld

30th Jul 2026 14:05

(Sharecast News) - Canaccord Genuity lowered its price target for Hostelworld to 185p from 205p on Thursday, turning more cautious on near‑term trading as the ongoing Middle East conflict continues to weigh on volumes, though it said the group's longer‑term structural growth story remains intact.

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US inflation dips for first time since 2020 as PCE falls 0.1pc

30th Jul 2026 13:48

(Sharecast News) - US inflation eased in June, with the Federal Reserve's preferred gauge posting its first monthly decline since 2020, reinforcing the central bank's decision to keep interest rates unchanged.

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Canaccord Genuity lowers Hostelworld target price

30th Jul 2026 13:36

(Sharecast News) - Canaccord Genuity lowered its price target for Hostelworld to 185p from 205p on Thursday, turning more cautious on near‑term trading as the ongoing Middle East conflict continues to weigh on volumes, though it said the group's longer‑term structural growth story remains intact.

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