News Archive
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.
Read moreUS 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.
Read moreThames 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.
Read moreEurope 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.
Read moreLondon 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.
Read moreKKR, 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.
Read moreUS 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.
Read moreEnQuest shares surge on $833m Malaysian deal
10th Jun 2026 10:18
(Sharecast News) - EnQuest surged on Wednesday after the energy company agreed to buy interests in four offshore production sharing contracts in Malaysia for $833m.
Read moreImproving real estate market boosts TR Property
10th Jun 2026 09:55
(Sharecast News) - TR Property Investment Trust posted a jump in annual revenue earnings on Wednesday, as conditions picked up across the real estate sector.
Read moreClarksons appoints BP's Niamh Staunton as CFO
10th Jun 2026 09:12
(Sharecast News) - Clarksons said on Wednesday that it has appointed Niamh Staunton as chief financial officer following a comprehensive selection process.
Read moreAsia report: Technology plays lead markets lower
10th Jun 2026 09:08
(Sharecast News) - Asia-Pacific markets closed mostly lower on Wednesday as technology stocks sold off, tracking overnight losses on Wall Street, while renewed US strikes in Iran added to uncertainty around the fragile ceasefire.
Read moreCornish Metals reports progress at South Crofty tin project
10th Jun 2026 09:08
(Sharecast News) - Cornish Metals said on Wednesday that work at its South Crofty tin project in Cornwall was progressing across multiple surface and underground workstreams, with strong tin prices continuing to support the project's economics.
Read moreBerenberg hikes target price on DCC
10th Jun 2026 09:04
(Sharecast News) - Analysts at Berenberg lifted their target price on energy sales and distribution business DCC from 6,300p to 6,700p on Wednesday as they highlighted what they see as a "meaningful opportunity" for the group as it transitions into a pure‑play energy business.
Read moreH-Power reports narrower loss, strikes fuel cell sale deal
10th Jun 2026 09:04
(Sharecast News) - H-Power reported a narrower first-half loss on Wednesday and said it was beginning to build commercial momentum, alongside a separate agreement to sell two LC30 fuel cell generators to TAMGO for trials in Saudi Arabia.
Read moreFrontier Developments flags record annual profit, cash generation
10th Jun 2026 08:59
(Sharecast News) - Frontier Developments said on Wednesday that its focus on creative management simulation games had delivered record annual profit and cash generation, as revenue rose strongly in the year to 31 May.
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