News Archive

US inflation accelerates in May, headline CPI moves above 4pc threshold

10th Jun 2026 12:53

(Sharecast News) - US inflation accelerated in May, according to the Bureau of Labor Statistics, with headline CPI rising 0.5% on the month and 4.2% over the year.

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Motorpoint continues to outperform the market as FY profit, revenue rise

10th Jun 2026 12:50

(Sharecast News) - Motorpoint reported a jump in full-year profit and revenue on Wednesday as it continues to outperform the wider used car market.

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Power Probe reports encouraging start to 2026 trading

10th Jun 2026 12:50

(Sharecast News) - Power Probe said on Wednesday that trading in 2026 had started encouragingly and remained in line with management expectations, as the automotive diagnostics tool maker prepared to hold its first annual general meeting as a listed company.

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Diales reports higher first-half revenue, profit

10th Jun 2026 12:47

(Sharecast News) - Diales reported higher first-half revenue and profit on Wednesday, as improved margins and strong trading in Europe and the Americas offset continued regional uncertainty in the Middle East.

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Caledonia Mining posts high-grade exploration results from Motapa

10th Jun 2026 12:44

(Sharecast News) - Caledonia Mining said on Wednesday that high-grade exploration results from its Motapa property in Zimbabwe had demonstrated the potential to extend the mine life of its nearby Bilboes gold project.

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Dekel Agri-Vision reports sharp rise in crude palm oil production

10th Jun 2026 12:41

(Sharecast News) - Dekel Agri-Vision said on Wednesday that crude palm oil production rose sharply in May, marking a third consecutive month of year-on-year growth at its Ayenouan palm oil operation in Côte d'Ivoire.

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ECR Minerals upbeat on review of Raglan operations

10th Jun 2026 12:36

(Sharecast News) - ECR Minerals said on Wednesday that an independent review of operations at its Raglan gold project in Queensland had identified a pathway towards improved gold recovery and more consistent production.

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Beeks Financial Cloud secures three additional contracts

10th Jun 2026 12:17

(Sharecast News) - Beeks Financial Cloud said on Wednesday that it had secured three additional contracts across its analytics, Proximity Cloud and Private Cloud offerings, with a combined total contract value of about £1.7m.

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Super Micro shares fall sharply on plans to raise $7bn

10th Jun 2026 12:02

(Sharecast News) - Super Micro Computer shares fell sharply in extended trading late on Tuesday after the AI server maker announced plans to raise $7bn in equity-related financing, overshadowing a surge in recent orders for its artificial intelligence systems.

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US mortgage applications surge 10.8pc

10th Jun 2026 11:42

(Sharecast News) - US mortgage applications rose in the first week of June, according to the Mortgage Bankers Association, with overall volumes increasing by 10.8% week-on-week.

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Thames Water faces £749m bill under creditor bailout - report

10th Jun 2026 11:25

(Sharecast News) - Thames Water could face a £749m bill if a proposed deal handing senior creditors control of the embattled utility goes through, it was reported on Wednesday.

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Europe midday: Shares fall as Iran-US missile exchange hits sentiment

10th Jun 2026 11:12

(Sharecast News) - European shares fell into the red by midday on Wednesday after the US and Iran exchanged missile fire overnight, while investors looked ahead to American inflation data later in the day.

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London midday: FTSE turns lower ahead of US inflation reading

10th Jun 2026 10:52

(Sharecast News) - London stocks had fallen by midday on Wednesday as investors mulled further strikes by the US and Iran and eyed a key US inflation reading.

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KKR, Energy Capital said to consider 6,500p per share bid for DCC

10th Jun 2026 10:30

(Sharecast News) - DCC said on Wednesday that it has received an improved takeover proposal from US private equity firm KKR and Energy Capital Partners at 6,672.22p per share that it would be minded to recommend to shareholders.

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US pre-open: Futures lower following America's 'self-defence strikes' on Iran

10th Jun 2026 10:26

(Sharecast News) - Wall Street futures were in the red ahead of the bell on Wednesday after Washington carried out what it described as "self‑defence strikes" against Iran, heightening tensions in the region and threatening progress toward a potential peace deal.

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