News Archive

T-Mobile reports strong customer adds, still below Wall Street forecasts

11th Feb 2026 16:58

(Sharecast News) - T-Mobile US reported industry-leading customer additions in the fourth quarter on Wednesday, but fell slightly short of Wall Street's expectations for phone subscriber growth, as aggressive holiday promotions intensified competition across the US wireless market.

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Shopify shares drop on Q4 earnings miss

11th Feb 2026 16:25

(Sharecast News) - Shopify lost over a tenth of its market value on Wednesday despite the Canadian online retail platform operator reporting strong fourth-quarter revenues and announcing a $2bn share buyback, as earnings missed forecasts.

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US open: Stocks lower as investors thumb over January's NFP figures

11th Feb 2026 15:26

(Sharecast News) - Major indices were in the red early on Wednesday as investors digested the Bureau of Labor Statistics' all-important January non-farm jobs report.

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Europe close: Stocks manage gains as investors pore over US data

11th Feb 2026 15:18

(Sharecast News) - European markets rallied after midday on Wednesday to hit a fresh intraday high as investors digested US labour market data, a sharp cooling in Chinese inflation and domestic earnings updates.

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Oxford Biomedica extends 'put up or shut up' deadline as EQT talks continue

11th Feb 2026 15:07

(Sharecast News) - Oxford Biomedica said on Wednesday that the deadline for EQT to make a formal takeover bid has been extended amid ongoing preliminary discussions.

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FTSE 250 movers: Renishaw jumps; AI worries hit tech stocks

11th Feb 2026 15:01

(Sharecast News) - FTSE 250 (MCX) 23,498.16 0.12%

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London close: FTSE 100 hits new record as miners surge

11th Feb 2026 14:46

(Sharecast News) - The FTSE 100 jumped more than 1% on Wednesday as strong gains in the heavyweight mining and oil sectors powered the UK benchmark to a new record high.

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FTSE 100 movers: Miners rally as commodity prices recover; St James's Place slides

11th Feb 2026 14:45

(Sharecast News) - London's FTSE 100 was up 0.9% at 10,444.18 in afternoon trade on Wednesday.

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Pan African Resources says interim EPS set to surge

11th Feb 2026 14:45

(Sharecast News) - Pan African Resources said on Wednesday that it expects interim earnings per share to surge as it benefits from the rally in the gold price and higher production of the yellow metal.

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Kraft Heinz to spend $600m in turnaround drive, pauses planned split

11th Feb 2026 14:44

(Sharecast News) - Kraft Heinz shares dropped sharply on Wednesday after the American food giant revealed it was pausing its planned separation, announcing a $600m investment to return to growth.

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Mistral invests in Swedish infrastructure as annual revenues top $400m

11th Feb 2026 14:42

(Sharecast News) - Mistral, the French AI startup widely seen as Europe's main competitor to ChatGPT maker OpenAI, revealed on Wednesday that its revenues have rocketed 20-fold over the past year.

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Synthomer confirms it's considering capital raise, shares crater

11th Feb 2026 14:35

(Sharecast News) - Synthomer shares cratered on Wednesday after the chemicals company said it was considering a capital raise as it works with lenders to refinance existing debt facilities due in the second half of next year.

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Lyft misses Q4 estimates as rider numbers underwhelm

11th Feb 2026 14:27

(Sharecast News) - Shares in ride-hailing platform Lyft tanked on Wednesday after fourth-quarter financials and customer numbers disappointed investors, while 2026 profit guidance and a new $1bn share buyback underwhelmed.

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Red Rock signs NDA over potential DRC copper-cobalt project

11th Feb 2026 14:25

(Sharecast News) - Red Rock Resources said on Wednesday that it has signed a non-disclosure agreement and begun due diligence on a privately held copper-cobalt project in the Democratic Republic of the Congo, as it continued to assess licence opportunities under its Koto Red Rock joint venture.

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Eco Buildings inks deal to launch Indonesian partnership

11th Feb 2026 14:21

(Sharecast News) - Eco Buildings Group announced on Wednesday that it has agreed to establish a new Indonesian subsidiary backed by a $5m equity commitment from a local partner, as the modular construction company looked to capitalise on housing demand in the region.

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