News Archive
US close: Stocks sharply lower as AI jitters deepen, oil prices surge
23rd Oct 2026 23:31
(Sharecast News) - Major indices closed sharply lower on Friday amid ongoing concerns that the artificial intelligence trade may be wavering and rising oil prices.
Read moreFTSE 250 movers: Eurowag tumbles; Oil produces gain
23rd Oct 2026 15:35
(Sharecast News) - FTSE 250 (MCX) 24,159.31 -0.22%
Read moreCanaccord Genuity lowers Trainline to 'hold'
23rd Oct 2026 15:32
(Sharecast News) - Canaccord Genuity downgraded Trainline to 'hold' from 'buy' and cut its target price on the stock to 213p, warning that new regulatory proposals for Great British Railways pose a material threat to the group's long‑term competitive position.
Read moreEurope close: Stocks drop as oil prices surge; Volvo Cars tumbles
23rd Oct 2026 15:13
(Sharecast News) - European stocks closed lower on Friday as worries about AI spending continued to dent sentiment, amid a surge in oil prices.
Read moreUS business activity cools slightly in October
23rd Oct 2026 15:05
(Sharecast News) - US business activity cooled slightly in October, but both the manufacturing and services PMIs continued to signal some of the strongest growth seen in the past five years, even as selling‑price inflation accelerated to its fastest pace since August 2022.
Read moreFTSE 100 movers: Rolls-Royce slides on Safran warning; energy shares gain
23rd Oct 2026 14:57
(Sharecast News) - London's FTSE 100 was down 0.6% at 10,663.86 in afternoon trade on Friday.
Read moreEvoke posts drop in Q3 revenue, urges govt not to introduce more gambling taxes
23rd Oct 2026 14:18
(Sharecast News) - William Hill and 888 owner Evoke reported a drop in third-quarter revenue on Friday as it pointed to customer-friendly results, and called on the government not to introduce any further taxes on gambling ahead of the Autumn Budget next week.
Read moreVolvo Cars swings to loss and announces more job cuts, shares tank
23rd Oct 2026 14:14
(Sharecast News) - Shares of Volvo Cars tanked on Friday after the Swedish car maker announced more job cuts and said it swung to a loss in the third quarter amid ongoing weakness in China.
Read moreWeek ahead: Autumn Budget, UK bank earnings in the spotlight
23rd Oct 2026 13:53
(Sharecast News) - Chancellor John Healey's Autumn Budget will be the main highlight next week in the UK, while on the corporate front, banks will be in focus as HSBC, NatWest and Lloyds report quarterly numbers.
Read moreUS consumer sentiment edges lower in October
23rd Oct 2026 13:07
(Sharecast News) - US consumer sentiment was little changed in October, according to the University of Michigan, slipping just 0.2% from September to 48 as firmer expectations were offset by a sharp drop in views of current conditions.
Read moreDirector dealings: Rosebank chairman raises stake
23rd Oct 2026 12:51
(Sharecast News) - Rosebank Industries revealed on Friday that chairman Justin Dowley had acquired 161,576 ordinary shares in the FTSE 250-listed turnaround specialist.
Read moreBroker tips: Inchcape, Trainline
23rd Oct 2026 12:47
(Sharecast News) - Deutsche Bank cut its Inchcape target price to 750p from 870p and reiterated its 'hold' rating on the stock, warning that the distributor's product portfolio was losing ground in a market rapidly shifting toward new‑energy vehicles.
Read moreUS open: Dow tumbles over 700 points as tech concerns, oil surge weigh on sentiment
23rd Oct 2026 12:46
(Sharecast News) - Major indices were firmly in the red at the open on Friday amid ongoing concerns that the artificial intelligence trade may be wavering and rising oil prices.
Read moreEurope midday: Shares extend losses on tech sell-off; Oil nudges $115
23rd Oct 2026 12:05
(Sharecast News) - European shares extended losses by midday on Friday amid another sell-off in tech stocks as investor fears heightened over the reality of financial returns from artificial intelligence.
Read moreLondon midday: FTSE extends losses amid AI spending fears; Rolls-Royce tanks
23rd Oct 2026 11:43
(Sharecast News) - London stocks had fallen further by midday on Friday amid concerns about AI spending, as investors mulled a bigger-than-expected drop in UK retail sales and a plunge in consumer confidence.
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