News Archive
US close: Stocks mixed amid sector rotation, looming mega‑cap earnings
28th Jul 2026 22:32
(Sharecast News) - Major indices delivered a mixed performance on Tuesday amid a rotation out of semiconductor stocks into more cyclical and occasionally rate-sensitive sectors as market participants geared up for a heavy week of mega‑cap earnings and a closely watched Federal Reserve decision.
Read moreEurope close: Stocks rise despite overnight tech sell-off
28th Jul 2026 16:15
(Sharecast News) - European stock markets closed higher on Tuesday despite another sharp sell-off in Asian technology shares amid concerns about borrowing levels among artificial intelligence companies.
Read moreMercedes-Benz cuts full-year sales, revenue forecasts
28th Jul 2026 16:10
(Sharecast News) - Mercedes-Benz cut its full-year sales and revenue forecasts on Tuesday as worsening conditions in China outweighed stronger demand elsewhere, with second-quarter car sales in the country plunging 30% amid intense competition from local manufacturers and cautious consumer spending.
Read moreRevenue up, earnings down at Entain's BetMGM venture
28th Jul 2026 16:06
(Sharecast News) - Entain and MGM Resorts' BetMGM reported second-quarter net revenue of $711m on Tuesday, up 3% year-on-year, as an 8% increase in iGaming revenue to $483m offset flat online sports revenue of $228m.
Read moreRBC Capital upgrades PensionBee to 'outperform'
28th Jul 2026 15:30
(Sharecast News) - RBC Capital Markets upgraded PensionBee on Tuesday to 'outperform' from 'sector perform' as it said it sees a more exciting near-term investment case, having taken a cautious stance on the stock at initiation.
Read moreFTSE 100 movers: Unilever rallies after lifting outlook; Barclays slumps
28th Jul 2026 14:55
(Sharecast News) - London's FTSE 100 was 0.9% higher at 10,873.28 in afternoon trade on Tuesday.
Read moreWednesday preview: FOMC announcement, Reckitt results eyed
28th Jul 2026 14:47
(Sharecast News) - The latest policy announcement from the Federal Reserve will be among the highlights on Wednesday, along with results from consumer goods giant Reckitt Benckiser and US tech firm Microsoft.
Read moreUS open: Stocks mixed ahead of big tech results, key Fed call
28th Jul 2026 14:32
(Sharecast News) - Wall Street trading got off to a mixed start on Tuesday as market participants geared up for a heavy week of mega‑cap earnings and a closely watched Federal Reserve decision.
Read moreBroker tips: Wheaton Precious Metals, Admiral, PensionBee
28th Jul 2026 14:29
(Sharecast News) - Analysts at Berenberg reiterated their 'buy' rating on Wheaton Precious Metals on Tuesday, trimming their target price from 11,900p to 11,700p but stressing that the streaming group remains in a league of its own compared with peers.
Read moreFTSE 250 movers: Coats, Man group, SSP on the rise
28th Jul 2026 14:15
(Sharecast News) - FTSE 250 (MCX) 23,928.08 0.13%
Read moreUS house prices inch higher in May
28th Jul 2026 14:01
(Sharecast News) - US house prices edged higher in May, according to the latest seasonally adjusted figures from the Federal Housing Finance Agency.
Read moreOcado said to have abandoned pursuit of £190m payment from M&S
28th Jul 2026 13:56
(Sharecast News) - Ocado has reportedly quietly abandoned its pursuit of a £190m payment from Marks & Spencer following a dispute related to their online grocery joint venture.
Read moreDirector dealings: Motorpoint non-executive director raises stake
28th Jul 2026 13:44
(Sharecast News) - Motorpoint Group revealed on Tuesday that non-executive director Keith Mansfield had acquired 43,124 ordinary shares in the London-listed used vehicle retailer.
Read moreShares in LVMH on back foot despite sales spark
28th Jul 2026 13:17
(Sharecast News) - Shares in LVMH lost their shine on Tuesday, after second-quarter numbers from the French luxury house underwhelmed.
Read moreUS goods trade gap narrows, wholesale inventories continue to climb
28th Jul 2026 12:52
(Sharecast News) - America's goods trade deficit narrowed in June, while wholesale inventories continued to rise, according to preliminary figures from the Census Bureau, offering a mixed picture of underlying demand and supply‑chain conditions across the US economy.
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