News Archive

US consumer sentiment falls in October amid weaker durables outlook

9th Oct 2026 15:31

(Sharecast News) - US consumer sentiment slipped slightly in October, according to an advanced estimate from the University of Michigan, easing by 1.8 points to 46.3, as modest improvements in year‑ahead expectations were outweighed by weaker views on buying conditions for big‑ticket items.

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Week ahead: US bank earnings in the spotlight

9th Oct 2026 14:39

(Sharecast News) - US earnings season will get into full swing next week, with banking behemoths JP Morgan, Citigroup and Goldman Sachs all slated to report quarterly numbers.

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FTSE 100 movers: Telecoms under the cosh; miners rally

9th Oct 2026 14:32

(Sharecast News) - London's FTSE 100 was up 1.2% at 10,566.48 in afternoon trade on Friday.

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Deutsche Bank hikes Tesco price target after results

9th Oct 2026 14:28

(Sharecast News) - Deutsche Bank lifted its price target on Tesco to 550p from 525p on Friday after the supermarket chain upped the lower end of annual guidance and its share buyback programme a day earlier, as it posted a rise in interim profits.

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FTSE 250 movers: MAM surges on upgrade; SSP slides on lower profit estimate

9th Oct 2026 14:09

(Sharecast News) - FTSE 250 (MCX) 24,231.30 1.20%

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Director dealings: IG Design CFO picks up stake

9th Oct 2026 13:56

(Sharecast News) - IG Design Group revealed on Friday that chief financial officer Ari Bensoussan had acquired 465,799 ordinary shares in the AIM-listed stationery firm.

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Broker tips: Unite Group, Tesco

9th Oct 2026 13:48

(Sharecast News) - Analysts at Berenberg lowered their target price on Unite Group from 668p to 634p on Friday, flagging ongoing pressure from falling asset values despite solid operational performance.

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US open: Stocks higher as tech rebounds after OpenAI‑driven AI pullback

9th Oct 2026 13:47

(Sharecast News) - Major indices were in the green early on Friday, with tech leading a modest rebound after the previous session's pullback triggered by a disappointing revenue update from OpenAI.

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Delta Air Lines cuts FY profit outlook on higher fuel prices

9th Oct 2026 13:02

(Sharecast News) - Delta Air Lines cut its full-year profit forecast on Friday, pointing to higher fuel prices due to the Iran war.

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UK consumer confidence dips as household financial outlook deteriorates

9th Oct 2026 12:47

(Sharecast News) - UK consumer confidence edged lower in September as households reported a sharp deterioration in their financial outlook amid persistent inflationary pressures, according to the latest figures from YouGov and the Centre for Economics and Business Research (Cebr).

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US pre-open: Stocks set for rebound as tech leads futures higher after OpenAI‑driven pullback

9th Oct 2026 11:16

(Sharecast News) - Wall Street futures were in the green ahead of the opening bell on Friday, with tech leading a modest rebound after the previous session's pullback triggered by a disappointing revenue update from OpenAI.

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Europe midday: Shares hold gains as oil falls; SpaceX plans hit telecoms

9th Oct 2026 11:08

(Sharecast News) - European shares rallied on Friday as oil prices fell on a pledge from US President Donald Trump to bomb Iran before American midterm elections on November 3.

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London midday: FTSE maintains gains as oil prices ease; telecoms buck trend

9th Oct 2026 10:57

(Sharecast News) - London stocks were still firmly in the black by midday on Friday as oil prices eased after Donald Trump said the US would not attack Iran before the midterm elections next month, and as investors shrugged off a disappointing revenue outlook from OpenAI.

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9th Oct 2026 10:25

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SIG CFO Simon Kesterton to succeed Pim Vervaat as chief executive

9th Oct 2026 09:35

(Sharecast News) - SIG said on Friday that chief financial officer Simon Kesterton will succeed Pim Vervaat as chief executive with effect from 1 May 2027.

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