News Archive

US close: Markets pull back as risk appetite wanes, chip stocks drop

28th Apr 2026 22:34

(Sharecast News) - US stocks fell on Tuesday with investors taking profits ahead of a number of key risk events over the coming days, while worries about the AI boom dented shares in the heavyweight chip sector.

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London close: Stocks eke higher as investors show caution ahead of risk events

28th Apr 2026 17:27

(Sharecast News) - London's FTSE 100 inched higher on Tuesday despite a continued rise in the price of oil, as markets bounced off their lowest levels in four weeks.

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Europe close: Markets mostly lower following afternoon slide

28th Apr 2026 16:31

(Sharecast News) - European stocks closed mostly weaker on Tuesday as oil prices extended their gains and investors looked ahead to key risk events later in the week, including Donald Trump's response to a peace proposal from Iran.

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Active Energy picks UAE site for proposed Bitdeer collab

28th Apr 2026 16:29

(Sharecast News) - Active Energy Group said on Tuesday that its 8MVA site in the United Arab Emirates was expected to be used as the initial pilot deployment under its proposed collaboration with Bitdeer Technologies Group.

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US chip stocks slump on report OpenAI missed revenue targets

28th Apr 2026 15:19

(Sharecast News) - US chip stocks were under the cosh on Tuesday following a report that OpenAI recently missed its own targets for new users and revenue.

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US consumer confidence inches higher despite Middle East crisis

28th Apr 2026 15:09

(Sharecast News) - Consumer confidence in the United States edged higher in April despite surging prices as geopolitical tensions escalated across the Middle East, according to a closely followed survey from the Conference Board on Tuesday.

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FTSE 100 movers: BP, Shell gush higher; Persimmon falls

28th Apr 2026 15:01

(Sharecast News) - London's FTSE 100 was down 0.1% at 10,308.41 in afternoon trade on Tuesday.

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UBS downgrades SSP, shares slide

28th Apr 2026 14:59

(Sharecast News) - UBS downgraded its rating on SSP on Tuesday, sending shares in the Upper Crust and Millie's Cookies owner tumbling.

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Oracle Power starts geotechnical drilling at Northern Zone

28th Apr 2026 14:38

(Sharecast News) - Oracle Power said on Tuesday that geotechnical drilling had started at its Northern Zone gold project, 25 kilometres east of Kalgoorlie in Western Australia, as the company and partner Riversgold advance the asset towards a Mine Development and Closure Plan.

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GenIP enters resale alliance with Cardinal Intellectual Property

28th Apr 2026 14:37

(Sharecast News) - GenIP said on Tuesday that it had entered a strategic resale alliance with Cardinal Intellectual Property, giving the AIM-listed technology consultancy a distribution route into the US corporate market for its AI-enabled intellectual property tools.

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US open: Stocks mixed as Middle East tensions, tech weakness weigh

28th Apr 2026 14:36

(Sharecast News) - Wall Street trading got off to a mixed start on Tuesday as Middle East tensions remained firmly in focus and first-quarter earnings earnings season began to pick up steam.

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Director dealings: Berkeley chairman raises stake

28th Apr 2026 14:35

(Sharecast News) - Berkeley revealed on Tuesday that executive chairman Robert Perrins had acquired 7,000 ordinary shares in the FTSE 100-listed construction firm.

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Broker tips: Filtronic, Sainsbury's, SSP

28th Apr 2026 14:30

(Sharecast News) - Analysts at Berenberg hiked their target price on communications equipment designer and manufacturer Filtronic from 213p to 360p on Tuesday, stating a recent site visit had reinforced the company's potential.

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UAE to exit Opec and Opec+ from 1 May

28th Apr 2026 13:58

(Sharecast News) - The United Arab Emirates announced on Tuesday that it is exiting the Organization of the Petroleum Exporting Countries (Opec) and Opec+ with effect from 1 May.

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Spotify Q2 operating income guidance disappoints, shares drop

28th Apr 2026 13:48

(Sharecast News) - Spotify shares fell on Tuesday after the Swedish music streamer posted growth in first-quarter revenue and subscriber numbers and record operating income, but second-quarter guidance disappointed.

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