News Archive
Nvidia inks deal to invest up to $2.1bn in IREN
8th May 2026 11:25
(Sharecast News) - Nvidia announced a strategic partnership with data centre operator IREN overnight on Friday, to accelerate the deployment of large-scale artificial intelligence infrastructure, including a potential investment of up to $2.1bn in the company.
Read moreToyota shares fall as it warns of Iran war costs
8th May 2026 11:22
(Sharecast News) - Toyota shares fell on Friday after the world's largest carmaker forecast a sharper-than-expected decline in annual profit, warning that the Iran war would add about JPY 670bn (£3.14bn) of costs this financial year through higher materials, transport and supply-chain pressures.
Read moreEurope midday: Shares fall as Hormuz skirmish weighs on sentiment
8th May 2026 11:09
(Sharecast News) - European shares pared morning losses on Friday as the US and Iran exchanged fire in the Strait of Hormuz, raising fears that the fragile ceasefire between the two may not hold.
Read moreLondon midday: FTSE pares losses as oil dips below $100 a barrel
8th May 2026 10:59
(Sharecast News) - London stocks had pared losses by midday on Friday as oil prices dipped back below $100 a barrel, having risen after the US and Iran exchanged fire in the vital Strait of Hormuz.
Read moreActivist Saba Capital doubles holding in Syncona
8th May 2026 10:55
(Sharecast News) - Activist investor Saba Capital Management has turned its attention to yet another City investment trust, after building up a stake of just over 10% in Syncona.
Read moreWorkspace rejects Saba's proposed wind-down plan
8th May 2026 10:51
(Sharecast News) - Workspace said on Friday that it has rejected a proposal by activist investor Saba Capital to wind down the company over a 12-month period to address the discount to net asset value.
Read moreUS pre-open: Futures edge higher with Middle East tensions, payrolls in focus
8th May 2026 10:38
(Sharecast News) - Wall Street futures were in the green ahead of the bell on Friday as market participants monitored developments in the US and Israel's conflict with Iran and looked ahead to the release of April's non‑farm payrolls report.
Read moreGreat Portland Estates in prime position as data improves, says Shore Capital
8th May 2026 10:11
(Sharecast News) - Shore Capital has kept a 'buy' rating on workplace and retail space investor Great Portland Estates, saying that the latest property market data is "very supportive" of the positive investment case for the stock.
Read moreUS close: Investors take profits, stocks erase gains as peace deal hopes fade
8th May 2026 10:10
(Sharecast News) - US stocks erased earlier gains to finish lower on Thursday as optimism surrounding the potential Washington-Tehran peace deal began to fade, while economic data came in mixed.
Read moreBarclays downgrades Workspace, says turnaround will take longer than expected
8th May 2026 09:47
(Sharecast News) - Barclays downgraded Workspace on Friday to 'underweight' from 'overweight' and slashed the price target to 310p from 450p as it said the turnaround is going to take longer than expected and it forecasts a "material" earnings rebasing over FY27/28.
Read moreGulf Marine Services keeps outlook despite Q1 profit slump
8th May 2026 09:25
(Sharecast News) - Gulf Marine Services reported a 24% drop in operating profits over the first quarter after having to evacuate four of its vessels in the Gulf as a result of the Iran war, though the company still maintained its guidance for the full year.
Read moreRightmove reaffirms outlook on solid start to the year
8th May 2026 09:13
(Sharecast News) - Rightmove reiterated full-year guidance on Friday, after the UK property market continued to show resilience despite the weakening macroeconomic backdrop.
Read morePetra Diamonds launches 'immediate' cost review amid weak market pricing
8th May 2026 09:04
(Sharecast News) - Petra Diamonds' share price slumped on Friday after the South Africa-focused miner said it had kickstarted an immediate cost review to "preserve liquidity" as pricing in the market continues to be weak.
Read moreUS-Iran ceasefire still holding despite attacks - Trump
8th May 2026 08:27
(Sharecast News) - Washington has insisted that the ceasefire between the US and Iran was holding, despite the two countries exchanging fire in the Strait of Hormuz.
Read moreLondon open: Stocks fall as US, Iran exchange fire in Hormuz; IAG warns on profit
8th May 2026 08:08
(Sharecast News) - London stocks fell in early trade on Friday, with oil prices back above $100 a barrel after the US and Iran opened fire in the vital Strait of Hormuz, and as investors eyed the latest US non-farm payrolls report.
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