News Archive

Europe close: Stocks slide on AI concerns but Wall St rebound helps

6th Nov 2026 16:09

(Sharecast News) - European stocks ended sharply lower on Friday as concerns about a slowdown in the much-hyped artificial intelligence spending boom hit the tech sector hard, but markets ended off lows following a rebound on Wall Street.

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US open: Nasdaq leads the recovery after Thursday's selloff

6th Nov 2026 16:07

(Sharecast News) - US stocks rose on Friday as bargain hunters stepped in following a tech-led selloff in the previous session, and as a much stronger-than-expected non-farm payrolls report cemented the case for a December rate hike.

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Week ahead: Vodafone, Burberry results among the highlights

6th Nov 2026 14:56

(Sharecast News) - Next week will bring a deluge of UK corporate news including results from the likes of Vodafone and Burberry, and the latest UK and eurozone GDP figures.

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Man Group tumbles on potential $155m payout in corruption case

6th Nov 2026 14:44

(Sharecast News) - Shares of Man Group tumbled on Friday after the High Court ruled that the investment manager could have to pay around $155m for its part in a corruption case involving Kuwait's state pension fund, the Kuwaiti Public Institution for Social Security (PIFSS).

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FTSE 100 movers: IAG flies higher after results; BT under the cosh

6th Nov 2026 14:09

(Sharecast News) - London's FTSE 100 was down 1.3% at 10,647.39 in afternoon trade on Friday.

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Moderna lifts revenue outlook after return to profit

6th Nov 2026 13:59

(Sharecast News) - Moderna shares rose in early trading on Friday after the US biotechnology company raised its full-year revenue forecast following stronger-than-expected third-quarter sales and a return to profit.

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FTSE 250 movers: Man Group slumps; TBC rallies

6th Nov 2026 13:58

(Sharecast News) - FTSE 250 (MCX) 24,472.42 -0.93%

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US jobs growth surges past forecasts in October as wage inflation accelerates

6th Nov 2026 13:30

(Sharecast News) - US job creation accelerated sharply in October, comfortably beating forecasts, while unemployment edged lower and wage growth unexpectedly picked up, according to official figures released on Friday.

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Broker tips: Croda, eEnergy

6th Nov 2026 12:33

(Sharecast News) - Berenberg has raised its target price on Croda to £44.00 from £36.00, arguing that the key risks to the speciality chemicals group's post-pandemic recovery are continuing to recede following its latest trading update.

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US pre-open: Futures mixed after Nasdaq tumbles into correction territory

6th Nov 2026 12:31

(Sharecast News) - Wall Street futures were mixed ahead of the opening bell on Friday as market participants looked ahead to October's all-important jobs report.

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Europe midday: Losses extend as investors flee AI stocks

6th Nov 2026 12:15

(Sharecast News) - European stockmarkets were a sea of red on Friday after tech stocks were battered on Wall Street and Asia overnight amid fears of a slowdown in the much-hyped artificial intelligence spending boom.

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Naked Wines to return up to £5.7m to investors, share price soars

6th Nov 2026 11:30

(Sharecast News) - Shares in Naked Wines fizzed on Friday, after the online wine retailer reiterated full-year guidance and unveiled plans to return up to £5.7m to shareholders.

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Canaccord cuts eEnergy target price after dilutive fundraise, keeps 'buy' stance

6th Nov 2026 11:07

(Sharecast News) - Canaccord Genuity has slashed its target price on eEnergy to 0.9p from 9.0p, reflecting the sharp increase in the company's share count following its recent fundraising, while reiterating its 'buy' recommendation on the stock.

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Q3 profits jump at TBC Banks, shares spark

6th Nov 2026 10:44

(Sharecast News) - Shares in TBC Bank Group rallied on Friday, after quarterly numbers from the Georgian lender cheered investors.

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Asia report: Equity markets tumble on AI, chip sell-off

6th Nov 2026 10:24

(Sharecast News) - Asian stock markets suffered heavy losses on Friday, tracking gains on Wall Street the previous evening, as a renewed sell-off in AI and chip stocks swept across the region.

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