News Archive
EV demand lifts new car sales, but zero-emission transition still behind target
4th Jun 2026 09:27
(Sharecast News) - New car sales across the UK registered their best May performance in seven years last month, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT), with registrations up 7.1% over the previous year.
Read moreEurozone construction PMI rises from 20-month low, but contraction continues
4th Jun 2026 09:22
(Sharecast News) - The decline in activity across the eurozone construction sector eased slightly in May after contracting by the most in 20 months in April, though price and supply disruptions continued to hamper the industry.
Read moreLoss-making SpaceX targets $1.8trn valuation in blockbuster IPO
4th Jun 2026 09:01
(Sharecast News) - Elon Musk's SpaceX is to sell shares priced at $135 when it debuts on Wall Street later this month, as it looks to raise as much as $86bn.
Read moreRBC Capital Markets lowers target price on Endeavour Mining
4th Jun 2026 08:40
(Sharecast News) - Analysts at RBC Capital Markets cut its target price on gold miner Endeavour Mining from 6,000p to 5,100p on Thursday, after lowering its gold price assumptions for 2026 and 2027.
Read moreBill Ackman's Pershing exits Universal Music stake
4th Jun 2026 08:34
(Sharecast News) - Universal Music Group shares fell on Thursday after Bill Ackman's Pershing Square exited its €1.4bn stake in the company, just days after the world's largest music group rejected a takeover proposal from the hedge fund billionaire.
Read moreS4 Capital flags tough trading amid volatile macro conditions
4th Jun 2026 08:30
(Sharecast News) - Digital advertising and marketing firm S4 Capital said on Thursday that trading through 2025 had continued to reflect volatile macro conditions, with tariff negotiations and geopolitical risks keeping clients cautious.
Read moreLondon open: FTSE nudges up, oil falls on Israel-Lebanon ceasefire
4th Jun 2026 08:00
(Sharecast News) - London stocks nudged up in early trade on Thursday as oil prices fell on news that Israel and Lebanon have agreed a US-brokered ceasefire.
Read moreIsrael and Lebanon agree US-brokered ceasefire
4th Jun 2026 07:54
(Sharecast News) - Israel and Lebanon have agreed a US-brokered ceasefire, according to a joint statement released by the US State Department.
Read moreEurope open: Shares rally on Israel-Hezbollah 'ceasefire' agreement
4th Jun 2026 07:54
(Sharecast News) - European shares rallied on Thursday as Israel and the Iran-backed Hezbollah militia agreed a tentative "ceasefire", raising hopes of progress on a resolution to the US-Iran war.
Read moreRemy Cointreau unveils turnaround plan, shares rally
4th Jun 2026 07:47
(Sharecast News) - Struggling spirits group Remy Cointreau posted weaker annual earnings on Thursday, but pledged to bolster profits by €100m, sending shares sharply higher.
Read moreFriday preview: Non-farm payrolls in the spotlight
4th Jun 2026 07:36
(Sharecast News) - There are no FTSE 350 corporate releases due on Friday, so investors will turn their attention to the non-farm payrolls report, average earnings and unemployment rate for May.
Read moreBroadcom tumbles on weaker‑than‑expected AI chip guidance
4th Jun 2026 07:35
(Sharecast News) - Chipmaker Broadcom tumbled in after‑hours trading on Wednesday after it delivered a mixed set of quarterly numbers and issued an AI sales outlook that fell short of market hopes.
Read moreLondon pre-open: Stocks to drop, oil falls on Israel-Lebanon ceasefire
4th Jun 2026 07:34
(Sharecast News) - London stocks were set to fall at the open on Thursday following a downbeat session on Wall Street, as investors continued to mull developments in the Middle East conflict, with oil prices lower following reports that Israel and Lebanon have agreed a ceasefire.
Read moreMitie upbeat after jump in annual earnings
4th Jun 2026 07:22
(Sharecast News) - Mitie Group said on Thursday that it had started the current year on the front foot, after posting a jump in annual earnings.
Read moreThursday newspaper round-up: Betfair, Revolut CEO, Charles Tyrwhitt
4th Jun 2026 07:19
(Sharecast News) - The widow of a gambling addict who took his own life after falling £18,000 into debt begins a legal claim on Thursday against Betfair that could have far-reaching consequences for the UK's gambling industry. Luke Ashton, 40, from Leicester, died in April 2021 after suffering from a gambling disorder that led him to place thousands of bets with the company, which sent him promotional "free" bets. - Guardian
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