News Archive
US open: Markets steady ahead of tech earnings, Fed rate decision
28th Oct 2026 15:24
(Sharecast News) - Major indices were mostly higher early on Wednesday as market participants braced for quarterly earnings reports from big-name tech firms and the outcome of the Federal Reserve's two-day policy meeting.
Read moreBroker tips: Johnson Matthey, Brickability
28th Oct 2026 15:19
(Sharecast News) - Canaccord Genuity cut its target price on Brickability to 77p from 93p on Wednesday, citing a softer‑for‑longer outlook for UK housebuilding and repair, maintenance and improvement markets.
Read moreBank of Canada lifts interest rates to 2.5%, as expected
28th Oct 2026 15:00
(Sharecast News) - The Bank of Canada lifted interest rates on Wednesday by 25 basis points to 2.5%, as widely expected.
Read moreLondon close: FTSE nudges up as banks, gambling stocks rally on Budget; housebuilders slide
28th Oct 2026 14:50
(Sharecast News) - London stocks ended just in the black on Wednesday as investors mulled Chancellor John Healey's first Autumn Budget, with banks and gambling companies higher, but housebuilders under the cosh as details of the government scheme for first-time buyers failed to impress.
Read moreDropbox to cut 9% of workforce as tech chief departs
28th Oct 2026 14:40
(Sharecast News) - Cloud storage company Dropbox announced plans on Wednesday to cut approximately 9% of its global workforce as part of efforts to streamline operations and focus investment on its key products and growth priorities.
Read moreFTSE 250 movers: Entain, Rank jump on tax news; Hunting slides
28th Oct 2026 14:15
(Sharecast News) - London's FTSE 250 was down 0.1% at 24,690.03 in afternoon trade on Wednesday.
Read moreFTSE 100 movers: Banks rally on surcharge news; GSK slides on results
28th Oct 2026 14:03
(Sharecast News) - London's FTSE 100 was 0.3% higher at 10,718.99 in afternoon trade on Wednesday as investors mulled the Autumn Budget.
Read moreGambling stocks rally amid relief over machine games duty hike
28th Oct 2026 14:00
(Sharecast News) - UK gambling stocks rallied on Wednesday after Chancellor John Healey announced a rise in machine games duty that was less severe than some had feared.
Read moreThursday preview: Lloyds results, ECB policy announcement due
28th Oct 2026 12:47
(Sharecast News) - Thursday will bring third-quarter results from Lloyds Banking Group and oil giant Shell, as well as the latest policy announcement from the European Central Bank.
Read moreGE Vernova to buy Trench Group from Tritan Partners for $9bn
28th Oct 2026 12:44
(Sharecast News) - GE Vernova said on Wednesday that it has agreed to buy high-voltage grid equipment maker Trench Group from investment firm Tritan Partners for $9bn.
Read moreDeutsche Bank shares jump after record Q3 profit
28th Oct 2026 12:44
(Sharecast News) - Shares in Deutsche Bank rose on Wednesday after Germany's largest lender reported record profits for the third consecutive quarter, supported by higher revenues and strong growth in its corporate banking and wealth management businesses.
Read moreCanaccord Genuity lowers target price on Brickability
28th Oct 2026 12:31
(Sharecast News) - Canaccord Genuity cut its target price on Brickability to 77p from 93p on Wednesday, citing a softer‑for‑longer outlook for UK housebuilding and repair, maintenance and improvement markets.
Read moreUS trade gap unexpectedly widens in September as wholesale inventories keep climbing
28th Oct 2026 12:29
(Sharecast News) - The US goods trade deficit widened unexpectedly in September, while wholesale inventories continued to climb, pointing to another quarter in which trade likely dragged on growth even as stock‑building across the wholesale sector remained firm.
Read moreChancellor unveils £100 energy payout, lifts bank surcharge, in maiden Budget
28th Oct 2026 12:09
(Sharecast News) - John Healey used his maiden Budget on Wednesday to announce a handful of short-term measures intended to ease the cost of living, including a one-off £100 energy payment, paid in part by higher taxes on banking and gambling profits.
Read moreLondon midday: FTSE stays down ahead of Budget but banks rally
28th Oct 2026 11:55
(Sharecast News) - London stocks were still a little weaker by midday on Wednesday as investors eyed Chancellor John Healey's first Autumn Budget, although banks rallied following a report the bank tax will be less severe than feared.
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