News Archive
US close: Tech rout drags Wall Street lower, Nasdaq suffers steepest drop in a year
5th Jun 2026 22:48
(Sharecast News) - Major indices closed lower on Friday as investors digested May's jobs report, with the Nasdaq logging its biggest single-day decline since Donald Trump's "reciprocal tariff" announcements in April 2025.
Read moreLondon close: Stocks edge higher, but uncertainty caps gains
5th Jun 2026 16:33
(Sharecast News) - London's FTSE 100 rose for the second day on Friday, outperforming global stock indices, though gains were limited amid souring market sentiment towards the recent AI rally and following a strong US jobs report.
Read moreGeorgia Capital offloads housing development business
5th Jun 2026 15:40
(Sharecast News) - London-listed investment firm Georgia Capital has sold its housing development business, m2, for an undisclosed sum, which it says will improve its net capital commitment ratio.
Read moreEurope close: Stocks mixed as tech sell-off continues
5th Jun 2026 15:01
(Sharecast News) - European shares closed a choppy session mixed on Friday after a sell-off in US and Asian technology stocks overnight and data showing the eurozone economy contracted in the first quarter.
Read moreClean Power Hydrogen says hydrolyser damage too severe to repair
5th Jun 2026 14:46
(Sharecast News) - Clean Power Hydrogen said on Friday that it had suspended work on factory acceptance testing for its MFE220 1MW electrolyser after concluding that damage from a recent test-site incident was too severe to repair and that the unit would require substantial redesign.
Read moreCleanTech raises £4.77m to support Laguna Verde work
5th Jun 2026 14:40
(Sharecast News) - CleanTech Lithium said on Friday that it had conditionally raised gross proceeds of about £4.77m through a placing to support work at its Laguna Verde lithium project in Chile and provide working capital while it selects a strategic partner.
Read moreFTSE 250 movers: Bodycote slumps; Raspberry Pi surges
5th Jun 2026 14:22
(Sharecast News) - FTSE 250 (MCX) 23,272.48 -0.13%
Read moreFTSE 100 movers: Software stocks rally; miners in the red
5th Jun 2026 14:20
(Sharecast News) - London's FTSE 100 was up 0.3% at 10,391.13 in afternoon trade on Friday.
Read moreCanaccord Genuity encouraged by B&M's turnaround, stays at 'buy'
5th Jun 2026 14:00
(Sharecast News) - Canaccord Genuity has reiterated its 'buy' rating for B&M European Value Retail, saying it was encouraging by this week's annual results which showed the discount retailer's turnaround plan was "gaining traction".
Read moreUS open: Stocks head south as payrolls smash expectations
5th Jun 2026 13:47
(Sharecast News) - Major indices were in the red early on Friday as investors digested May's jobs report.
Read moreBroker tips: Anglo American, DiscoverIE, B&M
5th Jun 2026 13:47
(Sharecast News) - Analysts at Berenberg hiked their target price on mining giant Anglo American from 4,000p to 4,200p on Friday as it said the market was overlooking the consensus upside from its planned merger with Teck.
Read moreCrest Nicholson lenders hire A&M for help with restructuring - report
5th Jun 2026 13:36
(Sharecast News) - Lenders to housebuilder Crest Nicholson have reportedly hired a leading team of restructuring experts for crucial talks aimed at easing pressure on its balance sheet.
Read moreDirector dealings: British Land non-executive directors snap up shares
5th Jun 2026 13:20
(Sharecast News) - British Land revealed on Friday that non-executive directors Raj Shah and Amanda Mackenzie had both raised their respecitve stakes in the FTSE 100-listed property development and investment company.
Read moreLululemon lowers outlook due to negative media reports, weak product launches
5th Jun 2026 12:16
(Sharecast News) - Lululemon Athletica's stock was set to tank on Friday after the premium athleisure brand disappointed with its first-quarter results after the closing bell the previous session, as it lowered its outlook for the full year.
Read moreGenedrive collects £0.76m R&D tax credit
5th Jun 2026 12:12
(Sharecast News) - Genedrive said on Friday that it had received a research and development tax credit refund of about £0.76m from HMRC.
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