News Archive

Europe midday: Tech sell-off, Iran tensions send shares lower

17th Jul 2026 10:57

(Sharecast News) - European stocks were lower on Friday as a sharp sell‑off in tech stocks across Asian markets and higher oil prices fed into risk‑off sentiment at the open.

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London midday: FTSE dips but outperforms European stocks as tech selloff deepens

17th Jul 2026 10:50

(Sharecast News) - London stocks had dipped into the red by midday on Friday but were faring better than their European counterparts thanks to minimal exposure to the technology sector, as the global tech selloff deepened.

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US pre-open: Futures slide amid heightened US-Iran tensions, deepening global chip rout

17th Jul 2026 10:48

(Sharecast News) - Wall Street futures slumped early on Friday as the US carried out a sixth straight night of strikes on Iran, while a sell‑off in semiconductor names also weighed on major indices.

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Eurozone inflation confirmed at 2.8% as energy price growth cools

17th Jul 2026 09:33

(Sharecast News) - Inflation across the eurozone slowed as initially expected in June, according to unrevised figures from Eurostat on Friday, with price growth hitting a three-month low as a spike in energy costs eased.

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Wise Q1 revenues rise as customer numbers grow

17th Jul 2026 09:30

(Sharecast News) - Wise reported an increase in first-quarter revenue on Friday as customer numbers at the money transfer firm rose.

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Berenberg downgrades Rotork to 'hold' following ABB takeover bid

17th Jul 2026 09:24

(Sharecast News) - Berenberg cut its rating on Rotork from 'buy' to 'hold' on Friday but hiked its price target from 420p to 503p, stating the ABB takeover terms had effectively capped further upside for the shares.

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EQT lifts Kakaku offer to $4.2bn as investor's H1 profits rise

17th Jul 2026 09:17

(Sharecast News) - Shares in EQT surged in Stockholm on Friday after the Swedish investment firm surpassed analysts' estimates with its first-half profits and raised its takeover offer for Japanese website operator Kakaku.com.

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Kodal Minerals reports production below budget

17th Jul 2026 09:11

(Sharecast News) - Kodal Minerals said on Friday that the Bougouni lithium project produced 26,174 dry metric tonnes of spodumene concentrate grading 5.34% lithium oxide in the quarter to 30 June, taking year-to-date output to 53,195 tonnes.

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Arkle expands Erongo drilling after seeing carnotite in drill chips

17th Jul 2026 09:07

(Sharecast News) - Arkle Resources expanded its maiden reverse-circulation drilling programme at the Erongo uranium project in Namibia on Friday, after visually identifying carnotite in drill chips from three holes across two fence lines.

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Fulcrum Metals flags solid progress

17th Jul 2026 09:05

(Sharecast News) - Fulcrum Metals said on Friday that it had made significant progress over the past year as it advanced its strategy of recovering precious and critical metals from historic mine tailings using cyanide-free processing technology.

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Itaconix flaga record first-half revenue

17th Jul 2026 09:02

(Sharecast News) - Itaconix said on Friday that first-half revenue rose to a record $8.3m, up 72% from a year earlier, prompting the plant-based specialty polymers group to raise its full-year sales outlook above market expectations.

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Asia report: Stocks in the red as chipmakers tank

17th Jul 2026 09:01

(Sharecast News) - Asia-Pacific markets fell sharply on Friday as a renewed rout in US semiconductor shares spread across the region, intensifying concerns over artificial intelligence spending.

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Birdgepoint reports record first-half results

17th Jul 2026 08:53

(Sharecast News) - Bridgepoint reported record first-half results as strong fundraising and investment performance drove a 78% increase in underlying EBITDA to £227.3m, while fee-paying assets under management rose 32.7% to $58.4bn.

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London open: FTSE nudges higher thanks to limited exposure to tech

17th Jul 2026 08:07

(Sharecast News) - London stocks nudged up in early trade on Friday, faring better than European counterparts thanks to their minimal exposure to the technology sector, as the global tech selloff deepened.

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TA Associates sells 30m Eurowag shares in placing

17th Jul 2026 08:04

(Sharecast News) - Peel Hunt said on Friday that TA Associates has sold 30 million shares in Eurowag in a placing.

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