News Archive

Europe midday: Shares extend rally after bruising week for tech stocks

16th Oct 2026 11:25

(Sharecast News) - European shares extended gains on Friday as corporate earnings and a rebound in US shares overnight boosted sentiment after a sell-off in tech shares earlier in the week over artificial intelligence financing fears.

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Competition watchdog mulls tightening oversight of Microsoft

16th Oct 2026 10:57

(Sharecast News) - The UK's competition watchdog is considering ramping up regulatory oversight of tech giant Microsoft, it confirmed on Friday.

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Eurozone trade deficit hits three-year high as imports surge

16th Oct 2026 10:55

(Sharecast News) - The eurozone recorded its largest trade deficit since January 2023 in August, as imports surged amid widening imbalances in energy and manufactured goods, according to figures released by Eurostat on Friday.

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RBC Capital downgrades Lloyds to 'sector perform'

16th Oct 2026 10:52

(Sharecast News) - RBC Capital Markets downgraded Lloyds Banking Group on Friday to 'sector perform' from 'outperform' and cut the price target to 115p from 124p.

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London midday: FTSE nudges up but Lloyds, NatWest in the red

16th Oct 2026 10:43

(Sharecast News) - London stocks had nudged into the black by midday on Friday, but Lloyds Banking Group and NatWest remained under pressure following reports that chancellor John Healey will raise taxes on the banking sector in his Budget later this month.

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Eurozone inflation confirmed at three-year high

16th Oct 2026 09:58

(Sharecast News) - Eurozone inflation was confirmed at a three-year high in September, according to Eurostat's final estimates released Friday, as price growth accelerated sharply on the back of surging energy prices.

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Canaccord Genuity starts Pulsar Helium at 'speculative buy'

16th Oct 2026 09:31

(Sharecast News) - Canaccord Genuity initiated coverage of Pulsar Helium with a 'speculative buy' rating and a 150p target price on Friday, noting the group was advancing a major primary helium resource at its Topaz project in Minnesota.

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Nordex boosts guidance, shares charge ahead

16th Oct 2026 09:12

(Sharecast News) - Shares in Nordex Group soared on Friday, after the European wind turbine manufacturer boosted annual guidance on the back of forecast-beating quarterly numbers.

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Asia report: Stocks rebound, but Jakarta tanks on downgrade fears

16th Oct 2026 08:34

(Sharecast News) - Asian stocks bounced back on Friday, with investors hunting for bargains after the broad-based tech sell-off the previous session, though Indonesia's market tanked on fears it would be expelled from MSCI's global indices.

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London open: Stocks fall as Lloyds, NatWest under pressure

16th Oct 2026 08:01

(Sharecast News) - London stocks fell in early trade on Friday, with banks under pressure following reports that chancellor John Healey will raise taxes on the sector in his Budget later this month.

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Wise lifts full-year revenue outlook

16th Oct 2026 07:59

(Sharecast News) - Wise lifted its full-year outlook for revenue growth on Friday as it posted a jump in second-quarter revenue.

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Europe open: Shares up as bond yields fall; UK bank stocks hit by tax talk

16th Oct 2026 07:50

(Sharecast News) - European shares rallied at the open on Friday after a rebound in US shares overnight on the back of a sharp drop in Treasury yields.

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Schneider Electric raises outlook as data centre boom drives record sales

16th Oct 2026 07:47

(Sharecast News) - Shares in Schneider Electric jumped on Friday after the French electrical equipment group upgraded its full-year forecasts following record third-quarter sales, driven by surging demand from data centres.

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Berenberg hikes target price on Bridgepoint

16th Oct 2026 07:41

(Sharecast News) - Analysts at Berenberg lifted their target price on Bridgepoint to 455p from 360p on Friday, citing a fresh round of upgrades following the group's unscheduled trading update on 7 October.

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Ithaca Energy chief to step down

16th Oct 2026 07:35

(Sharecast News) - The chief executive of Ithaca Energy is to step down after two years in the role, it was announced on Friday.

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