News Archive

Thursday preview: Prudential results in focus

26th Aug 2026 13:40

(Sharecast News) - Thursday will bring the release of first-half results from Prudential, while in the US, Marvell Technology, Dollar General, Dollar Tree, Best Buy and Hormel Foods are among those slated to release quarterly numbers.

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Kohl's posts drop in Q2 sales, lifts FY profit guidance

26th Aug 2026 13:38

(Sharecast News) - US department store chain Kohl's posted a drop in second-quarter sales on Wednesday as it conceded there was "critical work" to be done going forward, but lifted its full-year profit guidance as it included the benefit of tariff refunds.

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FTSE 250 movers: Hochschild jumps; Oil stocks slide

26th Aug 2026 13:13

(Sharecast News) - FTSE 250 (MCX) 24,961.86 0.43%

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US inflation edges higher in July as PCE tops forecasts

26th Aug 2026 13:12

(Sharecast News) - US inflation ticked slightly higher in July, according to the Federal Reserve's preferred gauge, with both headline and core readings showing modest monthly increases.

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Abercrombie & Fitch shares soar on record Q2, guidance upgrade

26th Aug 2026 12:29

(Sharecast News) - Shares in Abercrombie & Fitch surged on Wednesday in New York after the American fashion group reported record sales for the second quarter and raised its full-year outlook.

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Europe midday: Shares edge higher before US inflation, Nvidia numbers

26th Aug 2026 11:55

(Sharecast News) - European shares edged ahead on Wednesday as traders awaited US inflation data and earnings from tech giant Nvidia.

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Siemens Energy to spin off Transformation of Industry business

26th Aug 2026 11:41

(Sharecast News) - Siemens Energy has begun preparations to separate its Transformation of Industry division into a standalone company as it sharpens its focus on power generation and transmission.

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US mortgage applications down 1pc

26th Aug 2026 10:43

(Sharecast News) - US mortgage applications slipped 1% in the week ended 21 August, according to the Mortgage Bankers Association, extending the prior week's 0.4% decline.

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US pre-open: Futures steady as traders await key PCE inflation print, Nvidia earnings

26th Aug 2026 10:43

(Sharecast News) - Wall Street futures were little changed ahead of the open on Wednesday as traders looked ahead to key US inflation data and Nvidia's latest quarterly numbers.

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London midday: FTSE nudges lower ahead of US inflation, Nvidia results

26th Aug 2026 10:41

(Sharecast News) - London stocks had nudged a smidgen lower by midday on Wednesday as investors eyed a key US inflation reading and quarterly results from US chipmaker Nvidia.

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UK retail sales slump in August as sentiment weakens

26th Aug 2026 10:40

(Sharecast News) - UK retail sales fell sharply in August as the hot weather extended a "prolonged period of weak demand", according to the Confederation of British Industry's latest Distributive Trades Survey.

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Deutsche Bank downgrades Softcat, upgrades Bytes Technology

26th Aug 2026 10:39

(Sharecast News) - Deutsche Bank downgraded Softcat but upgraded Bytes Technology on Wednesday as it took a look at the UK software and IT services sector.

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Canaccord Genuity hikes target price on Applied Nutrition

26th Aug 2026 09:39

(Sharecast News) - Canaccord Genuity lifted its target price on Applied Nutrition from 335p to 365p on Wednesday, citing another strong upgrade cycle and a step‑up in FY27 guidance.

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Applied Nutrition lifts FY outlook, cites sustained demand across markets and channels

26th Aug 2026 09:38

(Sharecast News) - Sports nutrition and wellness brand Applied Nutrition lifted its outlook for FY27 on Wednesday as it said revenue and profit for the year to the end of July 2026 had surpassed expectations.

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London close: FTSE nudges lower after sticky US inflation, ahead of Nvidia earnings

26th Aug 2026 08:30

(Sharecast News) - London stocks ended just a smidgen lower on Wednesday after a key US inflation reading met expectations, and as investors eyed quarterly results from US chipmaker Nvidia, due after the Wall Street close.

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