News Archive
Elon Musk considering June IPO for SpaceX - report
28th Jan 2026 13:51
(Sharecast News) - Elon Musk has reportedly proposed timing SpaceX's initial public offering to coincide with a rare planetary alignment and his birthday.
Read moreQuarterly sales spark at Starbucks, shares jump
28th Jan 2026 13:40
(Sharecast News) - Shares in Starbucks Corporation jumped on Wednesday, despite a slump in quarterly earnings, after the coffee shop giant posted a long-awaited uptick in sales.
Read moreProsecutors raid Deutsche Bank's head office
28th Jan 2026 13:07
(Sharecast News) - Deutsche Bank's German offices have been raided, it was confirmed on Wednesday, in an investigation understood to be related to possible money laundering.
Read moreChina gives OK for ByteDance, Alibaba and Tencent to buy Nvidia's H200 chips - reports
28th Jan 2026 13:04
(Sharecast News) - China has reportedly given the green light to three of its largest tech companies to buy Nvidia's H200 artificial intelligence chips, marking a shift in position as Beijing seeks to balance its AI needs against spurring domestic development.
Read moreCanaccord Genuity lowers target price on Kooth
28th Jan 2026 12:51
(Sharecast News) - Canaccord Genuity lowered its target price on mental health services provider Kooth from 430p to 330p on Wednesday, but said the stock still represents a "buying opportunity".
Read moreAmazon to axe 16,000 corporate jobs
28th Jan 2026 11:53
(Sharecast News) - Amazon is to cut around 16,000 jobs, it was confirmed on Wednesday, as the US tech and retail giant looks to right-size its corporate workforce.
Read moreGreatland delivers strong December quarter at Telfer
28th Jan 2026 11:26
(Sharecast News) - Greatland Resources said in an update on Wednesday that it delivered a strong December quarter at its Telfer gold-copper operation, producing 86,273 ounces of gold and 3,528 tonnes of copper at an all-in sustaining cost of $2,196 per ounce, as higher realised gold prices helped lift operating cash flow to $406m and drove a $198m cash build to a period-end cash balance of $948m.
Read moreUS pre-open: Futures trade higher ahead of Fed decision, tech earnings
28th Jan 2026 11:06
(Sharecast News) - Wall Street futures were pointing to a positive open ahead of the bell on Wednesday as investors patiently awaited the outcome of the Federal Reserve's two-day monetary policy meeting.
Read moreEurope midday: Shares slide further as dollar slumps on Trump comments
28th Jan 2026 11:01
(Sharecast News) - European shares were lower on Wednesday as investors digested another raft of corporate earnings and trading updates, while a weak dollar was also in focus after comments about the currency's level by US President Donald Trump.
Read moreLondon midday: FTSE falls ahead of tech earnings, Fed announcement
28th Jan 2026 10:50
(Sharecast News) - London stocks had extended losses by midday on Wednesday as investors eyed the latest policy announcement from the Federal Reserve and earnings from three of the 'Magnificent Seven'.
Read moreBlackRock Income & Growth underperforms benchmark in 'challenging' market
28th Jan 2026 10:46
(Sharecast News) - BlackRock Income & Growth Investment Trust reported a rise in its net asset value and share price on Wednesday but underperformed its benchmark in a year that "was characterised by a challenging and unusually concentrated market environment".
Read moreUS mortgage applications fall 8.5pc
28th Jan 2026 10:28
(Sharecast News) - US mortgage applications fell 8.5% in the week ended 23 January 23rd, according to the Mortgage Bankers Association, trimming the combined 47% surge seen since the start of 2026.
Read moreUS mortgage applications fall 8.5pc
28th Jan 2026 10:28
(Sharecast News) - US mortgage applications fell 8.5% in the week ended 23 January 23rd, according to the Mortgage Bankers Association, trimming the combined 47% surge seen since the start of 2026.
Read moreHargreaves Services reports sharp rise in revenue, profits
28th Jan 2026 10:14
(Sharecast News) - Hargreaves Services reported a sharp rise in revenue and profits for the six months ended 30 November on Wednesday, and announced plans to return up to £15m to shareholders, alongside a higher interim dividend and a planned chief executive succession.
Read moreBloomsbury opens Asian office as it looks to boost academic sales
28th Jan 2026 10:09
(Sharecast News) - Bloomsbury Publishing has opened its first office in Asia, the British publisher confirmed on Wednesday, as it looks to benefit from an expected boom in university students.
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