News Archive
US close: Nasdaq drops over 2% as AI sell-off resumes
16th Oct 2026 21:39
(Sharecast News) - US stocks fell sharply on Friday, with the Nasdaq suffering steep losses, as a renewed sell-off in the AI and chip sectors dragged markets lower.
Read moreFTSE 250 movers: THG surges again
16th Oct 2026 14:16
(Sharecast News) - FTSE 250 (MCX) 24,537.15 0.46%
Read moreFTSE 100 movers: Lloyds and NatWest fall; WPP gains
16th Oct 2026 14:15
(Sharecast News) - London's FTSE 100 was 0.1% higher at 10,855.11 in afternoon trade on Friday.
Read moreEurope close: stocks finish higher despite tech sell-off
16th Oct 2026 13:37
(Sharecast News) - European shares finished the week on the front foot on Friday, shrugging off a global sell-off in tech stocks, after corporate earnings helped bolster sentiment.
Read moreLondon close: FTSE closes in the black as investors snap up defensive stocks
16th Oct 2026 13:34
(Sharecast News) - London stocks closed modestly higher on Friday, as a strong performance from defensive stocks helped offset weakness among banks, following reports chancellor John Healey was poised to hit the sector with higher taxes in the Budget later this month.
Read moreDirector dealings: Currys CFO lowers stake
16th Oct 2026 13:19
(Sharecast News) - Currys revealed on Friday that chief financial officer Bruce Marsh had disposed of 500,000 ordinary shares in the FTSE 250-listed electrical goods retailer.
Read moreBroker tips: Broker tips: Bridgepoint, Pulsar Helium
16th Oct 2026 13:16
(Sharecast News) - Analysts at Berenberg lifted their target price on Bridgepoint to 455p from 360p on Friday, citing a fresh round of upgrades following the group's unscheduled trading update on 7 October.
Read moreUS open: Dow edges higher, Nasdaq slips as chipmakers weigh
16th Oct 2026 13:15
(Sharecast News) - Wall Street trading got off to a mixed start on Friday as major indices looked set to close out the week in negative territory.
Read moreBoE governor cautious on inflation outlook despite subdued price pressures
16th Oct 2026 13:08
(Sharecast News) - Bank of England governor Andrew Bailey has warned that it remains too early to assess the full inflationary impact of the Middle East conflict amid signs that businesses are working hard not to pass higher energy costs on to customers.
Read moreUS pre-open: Futures edge higher as Tesla gains, chip stocks remain under pressure
16th Oct 2026 12:32
(Sharecast News) - Wall Street futures were mostly higher ahead of the opening bell on Friday as major indices looked set to close out the week in negative territory.
Read moreEurope midday: Shares extend rally after bruising week for tech stocks
16th Oct 2026 11:25
(Sharecast News) - European shares extended gains on Friday as corporate earnings and a rebound in US shares overnight boosted sentiment after a sell-off in tech shares earlier in the week over artificial intelligence financing fears.
Read moreCompetition watchdog mulls tightening oversight of Microsoft
16th Oct 2026 10:57
(Sharecast News) - The UK's competition watchdog is considering ramping up regulatory oversight of tech giant Microsoft, it confirmed on Friday.
Read moreEurozone trade deficit hits three-year high as imports surge
16th Oct 2026 10:55
(Sharecast News) - The eurozone recorded its largest trade deficit since January 2023 in August, as imports surged amid widening imbalances in energy and manufactured goods, according to figures released by Eurostat on Friday.
Read moreRBC Capital downgrades Lloyds to 'sector perform'
16th Oct 2026 10:52
(Sharecast News) - RBC Capital Markets downgraded Lloyds Banking Group on Friday to 'sector perform' from 'outperform' and cut the price target to 115p from 124p.
Read moreLondon midday: FTSE nudges up but Lloyds, NatWest in the red
16th Oct 2026 10:43
(Sharecast News) - London stocks had nudged into the black by midday on Friday, but Lloyds Banking Group and NatWest remained under pressure following reports that chancellor John Healey will raise taxes on the banking sector in his Budget later this month.
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