News Archive

US mortgage applications fall 4.4pc

6th May 2026 08:22

(Sharecast News) - US mortgage applications fell 4.4% in the week ended 1 May, according to the Mortgage Bankers Association, extending the previous week's 2.6% decline.

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Trainline shares slump on sales outlook

6th May 2026 08:16

(Sharecast News) - Shares in Trainline slumped on Wednesday as the online rail ticket platform as it warned the Iran war and a series of policy measures in the UK would hit sales this year.

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Europe open: Shares surge, oil falls as Trump claims progress on Iran deal

6th May 2026 08:02

(Sharecast News) - European shares surged and oil prices fell at the open on Wednesday as US President Donald Trump claimed "great progress" was being made on a peace deal with Iran.

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London open: Stocks rally, oil prices fall amid peace hopes

6th May 2026 07:59

(Sharecast News) - London stocks shot higher in early trade on Wednesday, while oil prices fell amid renewed hopes of a potential peace deal between the US and Iran.

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Wetherspoons warns on profits, cites higher costs

6th May 2026 07:57

(Sharecast News) - Pub group Wetherspoons warned on profits again on Wednesday as it pointed to higher costs.

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AMD surges on stronger-than-expected Q1 performance

6th May 2026 07:43

(Sharecast News) - Chipmaker AMD delivered a stronger‑than‑expected set of first‑quarter results on Tuesday, with demand for artificial‑intelligence hardware continuing to drive rapid growth.

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Oil prices fall as Trump pauses 'Project Freedom', cites progress in peace talks

6th May 2026 07:42

(Sharecast News) - Oil prices slid on Wednesday following a report the US and Iran are close to reaching a deal to end the war.

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Shares in Novo Nordisk jump after Wegovy pill sales smash forecasts

6th May 2026 07:36

(Sharecast News) - Shares in Denmark's Novo Nordisk sparked on Wednesday after sales of its new fat-busting pill smashed forecasts.

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Next boosts outlook after robust first quarter

6th May 2026 07:34

(Sharecast News) - Retailer Next lifted full-year guidance on Wednesday after first-quarter sales beat forecasts, boosted by unusually warm weather.

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London pre-open: Stocks to gain, oil prices fall amid US-Iran peace hopes

6th May 2026 07:30

(Sharecast News) - London stocks were set to rise at the open on Wednesday, while oil prices fell amid renewed hopes of a potential peace deal between the US and Iran.

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Smith & Nephew trades in line during Q1, reiterates FY guidance

6th May 2026 07:14

(Sharecast News) - Medical equipment manufacturer Smith & Nephew said on Wednesday that its first-quarter trading performance was in line with expectations, with underlying revenues growing year-on-year on the back of a solid performance across all business units and regions.

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Wednesday newspaper round-up: Private credit, Nissan, AMD

6th May 2026 07:13

(Sharecast News) - Four in five people are worried that the Iran war will make food more expensive, according to a new poll, as businesses warned the "window is closing" for ministers to cut energy costs for UK retailers. Research by Opinium found that 80% of people are worried about the rising price of groceries, which would come from retailers passing on cost increases to consumers, while 73% expect the conflict to push up prices of other products. - Guardian

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BMW shares jump as Q1 beats expectations

6th May 2026 07:08

(Sharecast News) - Shares in German automaker BMW jumped on Wednesday after the company reported better than expected first-quarter earnings and held annual guidance despite competition from China and the threat of higher US tariffs.

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FCA launches probe into PayPal, Mastercard and Visa

6th May 2026 07:07

(Sharecast News) - The Financial Conduct Authority said on Wednesday that it has launched an investigation into suspected anti-competitive behaviour between PayPal, Matercard and Visa.

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FCA launches reviews into claims management practices

6th May 2026 07:06

(Sharecast News) - The UK's Financial Conduct Authority has launched a review of the claims management sector amid concerns consumers are being "let down" by firms in ways that could be a result of potential misconduct.

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