News Archive
FCA warns football clubs over 'questionable' sponsorship deals
3rd Jun 2026 17:03
(Sharecast News) - The Financial Conduct Authority said on Wednesday that it has warned football clubs - mainly in the Premier League - over their sponsorship relationships with a number of unauthorised firms, including crypto businesses and trading platforms.
Read moreSpaceX to offer shares at $135 apiece to raise $75bn in IPO - report
3rd Jun 2026 16:04
(Sharecast News) - SpaceX is reportedly planning to offer shares at $135 apiece to raise $75 bn in its initial public offering, as Elon Musk rejects another Wall Street convention by setting a fixed price ahead of the marketing phase of the deal.
Read moreLondon close: Mining stocks pull Footsie lower as risk appetite fades
3rd Jun 2026 15:53
(Sharecast News) - London's FTSE 100 fell on Wednesday for the fourth time in five days as renewed conflict between US and Iran hit sentiment, along with a threat by Donald Trump to impose fresh tariffs on around 60 countries.
Read moreYouTube overtakes Netflix in average daily viewing time, report finds
3rd Jun 2026 15:46
(Sharecast News) - Alphabet's YouTube topped the list in for global daily audience viewing attention in 2025, overtaking streaming giant Netfix, according to a trend report published on Wednesday by the Digital i agency.
Read moreEurope close: Stocks fall on renewed US-Iran hostilities
3rd Jun 2026 15:42
(Sharecast News) - European shares closed lower on Wednesday as renewed hostilities between the US and Iran and weaker global growth forecasts from the OECD weighed on investor sentiment.
Read moreFTSE 250 movers: B&M surges; GB Group slides again
3rd Jun 2026 15:36
(Sharecast News) - FTSE 250 (MCX) 23,188.28 -0.81%
Read moreUS services data sends mixed signals as S&P Global PMI stalls, ISM survey strengthens
3rd Jun 2026 15:10
(Sharecast News) - Two key gauges of US services activity painted a contrasting picture in May, with the S&P Global survey pointing to a near‑stall in private‑sector growth, while the Institute for Supply Management's services PMI showed the sector expanding at its fastest pace in three months - underscoring an economy still grappling with elevated price pressures, softening demand and uneven momentum across industries.
Read moreFTSE 100 movers: ICG under the cosh; Utilities gain
3rd Jun 2026 15:06
(Sharecast News) - London's FTSE 100 was down 0.2% at 10,353.27 in afternoon trade on Wednesday.
Read moreHuddled reports higher revenue, narrower loss
3rd Jun 2026 14:45
(Sharecast News) - Huddled Group reported higher full-year revenue and a narrower adjusted EBITDA loss as the circular economy e-commerce business prioritised more profitable orders and prepared to consolidate its websites under a single brand.
Read moreVenture Life acquires FemiClear, Curoxen brands in $28m deal
3rd Jun 2026 14:41
(Sharecast News) - Venture Life announced the acquisition of the FemiClear and Curoxen consumer healthcare brands from OrganiCare Nature's Sciences for up to $28m on Wednesday, in a deal aimed at expanding its women's intimate health portfolio and establishing a larger presence in the US.
Read moreEuropean Green Transition reports narrower annual loss
3rd Jun 2026 14:38
(Sharecast News) - European Green Transition reported a reduced annual loss for 2025, as the company said the year had laid the foundations for its shift towards an M&A-led critical infrastructure strategy.
Read moreEleco trading in line with expectations
3rd Jun 2026 14:34
(Sharecast News) - Eleco said on Wednesday that trading in the first four months of 2026 had remained in line with market expectations, as the software provider reported continued progress ahead of its annual general meeting.
Read moreUS factory orders rise 4.8pc in April
3rd Jun 2026 14:24
(Sharecast News) - US factory orders rose for the fifth time in six months in April, according to the Census Bureau, climbing 4.8% to $662.7bn following a 1.8% increase in March.
Read moreUS open: Stocks lower as Middle East tensions weigh on sentiment
3rd Jun 2026 14:23
(Sharecast News) - Major indices were mixed early on Wednesday as Middle East developments remained in focus following yesterday's fresh record close.
Read moreBroker tips: GB Group, WPP, Chemring
3rd Jun 2026 14:19
(Sharecast News) - Canaccord Genuity cut its target price on GB Group from 400p to 365p on Wednesday, saying additional investment in the company's new Go platform would weigh on near‑term margins despite a solid recent update.
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