News Archive

FTSE 250 movers: Mondi, Helios Towers surge

30th Jul 2026 14:12

(Sharecast News) - FTSE 250 (MCX) 24,133.82 0.57%

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Broker tips: Rio Tinto, Hostelworld

30th Jul 2026 14:05

(Sharecast News) - Canaccord Genuity lowered its price target for Hostelworld to 185p from 205p on Thursday, turning more cautious on near‑term trading as the ongoing Middle East conflict continues to weigh on volumes, though it said the group's longer‑term structural growth story remains intact.

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US inflation dips for first time since 2020 as PCE falls 0.1pc

30th Jul 2026 13:48

(Sharecast News) - US inflation eased in June, with the Federal Reserve's preferred gauge posting its first monthly decline since 2020, reinforcing the central bank's decision to keep interest rates unchanged.

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Canaccord Genuity lowers Hostelworld target price

30th Jul 2026 13:36

(Sharecast News) - Canaccord Genuity lowered its price target for Hostelworld to 185p from 205p on Thursday, turning more cautious on near‑term trading as the ongoing Middle East conflict continues to weigh on volumes, though it said the group's longer‑term structural growth story remains intact.

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Gooch & Housego flags Q4-weighted trading

30th Jul 2026 12:54

(Sharecast News) - Gooch & Housego said on Thursday that its expectations for the financial year ending 30 September remained unchanged, although trading was expected to be more heavily weighted towards the fourth quarter than previously anticipated.

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SocGen posts forecast-beating Q2 performance

30th Jul 2026 12:49

(Sharecast News) - Societe Generale reported a forecast-beating second-quarter performance on Thursday as strength in its retail banking operations and tighter cost control offset weaker trading revenues.

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Meta shares tumble as free cash flow nosedives

30th Jul 2026 12:46

(Sharecast News) - Meta Platforms shares tumbled in premarket trading on Thursday after the Facebook and Instagram owner reported a sharp fall in second-quarter free cash flow and issued weaker-than-expected revenue guidance as spending on artificial intelligence infrastructure surged.

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JTC trading in line with expectations

30th Jul 2026 12:41

(Sharecast News) - JTC said on Thursday first-half trading was in line with management expectations as the professional services group continued preparations for its £2.7bn takeover by Permira and transitioned to its new Genesis-era business plan.

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Foxtons profits slump as weak London sales market weighs

30th Jul 2026 12:34

(Sharecast News) - Property platform Foxtons reported a sharp fall in first-half profits on Thursday as weak activity in the London property market and disruption following the Renters' Rights Act offset resilient recurring revenues.

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US pre-open: Futures edge higher as markets digest FOMC decision, tech results

30th Jul 2026 11:26

(Sharecast News) - Wall Street futures were in the green ahead of the open on Thursday following heavy losses in the previous session, as market participants absorbed a fresh wave of Big Tech earnings, the Federal Reserve's decision to keep rates on hold, and renewed tensions in the Middle East.

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Eurozone growth rebounds in Q2 as unemployment holds steady

30th Jul 2026 11:21

(Sharecast News) - Eurozone economic growth accelerated in the second quarter, while the bloc's unemployment rate remained stable in June, according to figures released by Eurostat on Thursday.

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Helios Towers lifts FY guidance, shares spark

30th Jul 2026 11:21

(Sharecast News) - Mobile tower company Helios Towers rallied on Thursday as it lifted its guidance for the year, citing robust customer demand, and posted a jump in first-half profit.

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Europe midday: Shares rally after EZ GDP data; BoE holds rates

30th Jul 2026 11:20

(Sharecast News) - European shares gained and oil prices remained elevated on Thursday as a surprise expansion in the eurozone economy boosted sentiment after US stock markets dropped sharply overnight amid Federal Reserve policymakers calling for tighter monetary policy.

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London midday: FTSE steady after hitting fresh high, as BoE stands pat

30th Jul 2026 11:09

(Sharecast News) - London stocks had pared earlier gains to trade flat by midday after the top-flight index hit a fresh high, as the Bank of England stood pat on rates, with strong performances from Rolls-Royce and heavily-weighted miners lending a hand.

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Pets at Home backs FY guidance as Q1 revenues grow

30th Jul 2026 10:46

(Sharecast News) - Pets at Home backed its full-year guidance on Thursday as it posted a rise in first-quarter revenue, with growth across both businesses.

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