News Archive
US close: Stocks bounce back as oil retreats, earnings impress
5th May 2026 22:29
(Sharecast News) - Major indices closed higher on Tuesday as major indices bounced back from yesterday's losses as market participants cheered strong quarterly earnings and oil prices retreated.
Read moreWednesday preview: Next, Flutter and Diageo in focus
5th May 2026 17:21
(Sharecast News) - Wednesday sees the release of first-quarter earnings from sports betting and gambling firm Flutter Entertainment, a third-quarter trading update from drinks company Diageo and a Q1 trading update from clothing and homeware retailer Next.
Read moreJefferies downgrades Legal & General
5th May 2026 17:16
(Sharecast News) - Jefferies downgraded Legal & General on Tuesday to 'underperform' from 'hold' as it said the company's income story is deteriorating.
Read moreEurope close: HSBC drags London down on mixed day for stocks
5th May 2026 16:28
(Sharecast News) - European stock markets rose on Tuesday despite ongoing tensions in the Middle East, although weakness in London limited gains for the wider benchmark after HSBC's results weighed heavily on UK banks.
Read moreAndrada confident after second batch of Lithium Ridge drilling results
5th May 2026 16:26
(Sharecast News) - Andrada Mining said on Tuesday that a second batch of diamond drilling results from Lithium Ridge in Namibia had confirmed consistent high-grade lithium mineralisation from surface to depth, strengthening confidence in the scale and continuity of the system.
Read moreLondon close: Falling bank stocks, rising bond yields hammer FTSE 100
5th May 2026 16:18
(Sharecast News) - Rising bond yields and a shortened trading week were contributing to sharp falls for UK stocks on Tuesday, with the FTSE 100 dropping 1.4% by the close of play.
Read moreUS job openings hold steady in March
5th May 2026 14:30
(Sharecast News) - US job openings held steady at 6.9m in March, according to the Bureau of Labor Statistics' JOLTS report, while hires picked up and overall separations were little changed.
Read moreUS goods and services trade defecit widens in March
5th May 2026 14:28
(Sharecast News) - The US goods and services deficit widened to $60.3bn in March, up from a revised $57.8bn in February, according to the Bureau of Economic Analysis.
Read moreUS open: Wall Street bounces back as fragile Middle East ceasefire holds
5th May 2026 14:25
(Sharecast News) - Major indices were in the green early on Tuesday as major indices looked set to bounce back from losses sparked by renewed Middle East tensions in the previous session.
Read moreFTSE 100 movers: Intertek surges on EQT bid; HSBC slumps on results
5th May 2026 14:05
(Sharecast News) - London's FTSE 100 was down 1.6% at 10,197.18 in afternoon trade on Tuesday.
Read moreCoinbase to cut 14% of workforce, points to AI and market volatility
5th May 2026 14:00
(Sharecast News) - Coinbase announced on Tuesday that it was cutting its workforce by around 14% as it pointed to market volatility and the use of artificial intelligence.
Read moreSales, earnings beat forecasts at Hugo Boss
5th May 2026 13:58
(Sharecast News) - Germany's Hugo Boss posted a slide in quarterly sales and profits on Tuesday, although the decline was not as sharp as analysts had feared.
Read moreFerrari beats forecasts, keeps guidance despite lower Q1 deliveries
5th May 2026 13:48
(Sharecast News) - Ferrari shares were lower on Tuesday despite the Italian sports car group beating first-quarter expectations and maintaining its full-year guidance, as conflict in the Middle East prompted the manufacturer to adjust its deliveries to other regions.
Read moreCamellia reports improved trading performance, shares fall
5th May 2026 13:32
(Sharecast News) - Camellia reported an improvement in trading performance for 2025 on Tuesday, as early actions under its value enhancement plan helped the agriculture and investment group move to a trading profit.
Read moreCanaccord Genuity lowers target price on Invinity Energy Systems
5th May 2026 13:24
(Sharecast News) - Canaccord Genuity lowered its target price on battery manufacturer Invinity Energy Systems from 40p to 33p on Tuesdsay after the AIM-listed firm issued revised guidance for its 2026-28 commercial pipeline and project grant income.
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