News Archive

Europe close: Stocks fall on growing AI bubble fears

18th Nov 2025 16:36

(Sharecast News) - European equities fell sharply on Tuesday as concerns over stretched artificial intelligence valuations and a major internet outage weighed on sentiment across the region.

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FTSE 100 movers: Miners and banks under the cosh; ICG surges

18th Nov 2025 15:39

(Sharecast News) - London's FTSE 100 was down 1.6% at 9,519.61 in afternoon trade on Tuesday.

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FTSE 250 movers: Ocado slumps; Bakkavor gains

18th Nov 2025 15:10

(Sharecast News) - FTSE 250 (MCX) 21,425.92 -1.21%

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Broker tips: On The Beach, Kingfisher

18th Nov 2025 15:03

(Sharecast News) - Shore Capital downgraded On The Beach on Tuesday to 'buy' from 'hold' as it cited execution risks around new ventures.

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Pulsar Hekium reports another pressurised gas encounter

18th Nov 2025 15:02

(Sharecast News) - Pulsar Helium reported another pressurised gas encounter at its Topaz project in Minnesota on Tuesday, after the Jetstream 4 appraisal well intersected multiple gas-bearing zones and recorded a bottom-hole pressure of about 674 psi at 1,457 feet.

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Nativo reports further progress at Bonanza

18th Nov 2025 14:58

(Sharecast News) - Nativo Resources reported further progress at its Bonanza gold mine in Peru on Tuesday, saying trenching, sampling and access rehabilitation work is advancing ahead of a planned restart of small-scale mining before the end of the year.

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Oracle Power resumes drilling at Northern Zone gold project

18th Nov 2025 14:56

(Sharecast News) - Oracle Power said in an update on Tuesday that drilling had resumed at its Northern Zone gold project in Western Australia, as it started a second programme aimed at expanding the defined mineralisation ahead of planned mine development.

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Cloudflare outage hits dozens of websites

18th Nov 2025 14:55

(Sharecast News) - Dozens of websites went down on Tuesday, including X, OpenAI and Spotify, after an outage at a widely-used network services firm.

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Aeorema flags higher revenue, stronger profitability

18th Nov 2025 14:53

(Sharecast News) - Aeorema Communications said in an update on Tuesday that it expects higher revenue and stronger profitability for the extended 18-month period to 31 December, supported by restructuring benefits, a healthier pipeline and growing demand across North America and EMEA.

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ExxonMobil to shut Scottish chemicals plant with loss of 200 jobs

18th Nov 2025 14:46

(Sharecast News) - Exxon Mobil is to close a chemicals plant in Scotland, the oil major confirmed on Tuesday, citing high costs, difficult market conditions and unfavourable government policies.

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Deutsche Bank nudges up Kingfisher price target

18th Nov 2025 14:41

(Sharecast News) - Deutsche Bank nudged up its price target on B&Q and Castorama owner Kingfisher on Tuesday following a stronger-than-expected first half, with better seasonal sales in the first quarter and a robust improvement in core sales over the period.

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Klarna inks $6.5bn loan deal with Elliott to fund US expansion

18th Nov 2025 14:39

(Sharecast News) - Payments fintech Klarna on Tuesday said it planned to sell up to $6.5bn of loans to funds managed by ​Elliott Investment Management over a two-year period, as part of an expansion strategy in the US

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Ocado says Kroger CFC closures to dent revenues, shares slide

18th Nov 2025 14:38

(Sharecast News) - Ocado shares tumbled on Tuesday after it said the closure of three customer fulfilment centres in US partner Kroger's live network will reduce its FY26 revenues by around $50m (£38m).

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Thor Explorations reports sharp rise in revenue, profit

18th Nov 2025 13:02

(Sharecast News) - Thor Explorations reported a sharp rise in third-quarter profit and revenue on Tuesday, as higher production at its Segilola mine in Nigeria, improved plant recoveries and a stronger gold price lifted financial performance.

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Tatton Asset Management reports further double-digit growth

18th Nov 2025 12:57

(Sharecast News) - Tatton Asset Management reported another period of double-digit growth on Tuesday, as strong client inflows and rising assets under management lifted revenue and profit in the first half.

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