News Archive

Shares slide as Novo Nordisk warns on profits, sales

4th Feb 2026 08:56

(Sharecast News) - Shares in Novo Nordisk opened sharply lower on Wednesday, after the obesity drug specialist warned of thinning sales and profits.

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AMD delivers strong Q4, soft Q1 guidance weighs on shares

4th Feb 2026 08:18

(Sharecast News) - Semiconductor firm AMD said late on Tuesday that it had delivered a stronger‑than‑expected set of fourth‑quarter results, although its outlook for the current quarter fell short of expectations amid continued heavy investment across the AI sector.

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Credit Agricole Q4 profits fall on Banco BPM charge

4th Feb 2026 08:17

(Sharecast News) - Crédit Agricole shares were in the red on Wednesday after a sharp drop in fourth-quarter profit, as a one-off accounting charge linked to its increased stake in Italy's Banco BPM overshadowed record revenues and solid underlying business momentum.

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London open: FTSE hits fresh high as Beazley surges on takeover news

4th Feb 2026 08:01

(Sharecast News) - London stocks rose in early trade on Wednesday, with Beazley pacing the gains on takeover news.

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Europe open: Shares slip amid AI threat worries, Novo Nordisk outlook

4th Feb 2026 07:59

(Sharecast News) - European stocks edged lower at the open on Wednesday as investors digested the latest earnings dump and the threat to software stocks from the expanding tentacles of artificial intelligence which sparked a sell-off on the Continent and spread to the US overnight.

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Oxford Biomedica signs expanded CAR‑T supply pact with Bristol Myers Squibb

4th Feb 2026 07:56

(Sharecast News) - Gene and cell therapy company Oxford Biomedica said on Wednesday that it has expanded its strategic partnership with Bristol Myers Squibb, inking a new commercial supply agreement for the manufacture and supply of lentiviral vectors for BMS' CAR-T programmes.

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Carlsberg beats forecasts but widens outlook amid falling demand

4th Feb 2026 07:50

(Sharecast News) - Carlsberg reported better-than-expected annual profits on Wednesday but widened guidance for the current year as the alcoholic drinks industry wrestles with falling demand from health and cost-conscious consumers.

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Grainger sees solid start to year as demand for rental homes rises

4th Feb 2026 07:46

(Sharecast News) - Rental homes provider Grainger said on Wednesday that trading had remained robust in the four months ended 31 January, with rental growth and occupancy continuing to perform well.

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Eurozone inflation dips in January

4th Feb 2026 07:42

(Sharecast News) - Eurozone inflation dipped below target in January, according to early estimates, in line with expectations.

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Zurich and Beazley agree terms of £8bn takeover

4th Feb 2026 07:42

(Sharecast News) - Beazley shares hit a record high on Wednesday after it reached an agreement in principle on the terms of an £8bn takeover by Zurich Insurance.

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SSE forecasts dip in earnings, investment plans on track

4th Feb 2026 07:40

(Sharecast News) - SSE forecast a dip in annual earnings on Wednesday, as mixed weather conditions offset an otherwise robust operational performance.

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London pre-open: Stocks seen up after AI-fuelled selloff

4th Feb 2026 07:34

(Sharecast News) - London stocks were set to edge up at the open on Wednesday, having been hit in the previous session by worries about the impact of AI on a host of FTSE 100 stocks.

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China services PMI rises to 52.3 in January

4th Feb 2026 07:31

(Sharecast News) - China's services sector saw activity pick up in January, according to the latest RatingDog general services purchasing managers index, which rose to 52.3, up from December's six‑month low of 52.0 and ahead of expectations for no change from the prior month.

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Wednesday newspaper round-up: Migration, women in tech, mini-nukes

4th Feb 2026 07:30

(Sharecast News) - The UK economy would be 3.6% smaller by 2040 if net migration fell to zero, forcing the government to raise taxes to combat a much bigger budget deficit, a thinktank has predicted. The National Institute of Economic and Social Research (NIESR) said falling birthrates in the UK and a sharp decrease in net migration last year had led it to consider what would happen if this trend continued to the end of the decade. - Guardian

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GSK sees slower sales growth in 2026 as patent loss looms

4th Feb 2026 07:19

(Sharecast News) - UK pharma giant GSK said turnover growth would slow this financial year as it looked to counter the expiry of an HIV drug patent and a deal with the Trump administration to lower product prices in the US.

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