News Archive
US inflation cools more than expected as gasoline pressures ease
14th Jul 2026 14:04
(Sharecast News) - The annual rate of consumer inflation in the US slowed substantially in June, according to data out on Tuesday from the Bureau of Labor Statistics, as increases in gasoline prices eased following last month's ceasefire deal between the US and Iran.
Read moreMike Ashley's Frasers gatecrashes Harvey Nichols auction - report
14th Jul 2026 13:32
(Sharecast News) - Mike Ashley's Frasers Group has reportedly gatecrashed the auction of Harvey Nichols despite objections from a number of prestige brand-owners to a prospective sale to the Sports Direct and House of Fraser owner.
Read moreWednesday preview: Barratt Redrow update, Morgan Stanley results due
14th Jul 2026 13:31
(Sharecast News) - Wednesday will bring trading updates from housebuilder Barratt Redrow and Hunting, as well as full-year results from Cohort.
Read moreIBM preliminary Q2 earnings disappoint, shares slide
14th Jul 2026 13:29
(Sharecast News) - IBM shares tumbled on Tuesday after the tech firm's preliminary second-quarter earnings fell short of expectations amid weakness in the software and infrastructure segments.
Read moreJPMorgan Chase posts record Q2 earnings
14th Jul 2026 12:43
(Sharecast News) - US banking giant JPMorgan Chase posted record second‑quarter earnings on Tuesday, lifted by a sharp rebound in big‑ticket IPOs and dealmaking, alongside stronger trading performance in volatile markets.
Read moreWells Fargo Q2 profit rises 17%
14th Jul 2026 12:35
(Sharecast News) - US bank Wells Fargo on Tuesday reported a 17% jump in second quarter profit, driven by growth in wealth management and volatile global markets.
Read moreSafestay tumbles as Infill abandons £40.9m pursuit
14th Jul 2026 12:35
(Sharecast News) - Safestay shares tumbled on Tuesday after Infill Capital Partners said it does not plan to make an offer for the hostel operator.
Read moreBank of America beats forecasts as Q2 profits jump 27%
14th Jul 2026 12:29
(Sharecast News) - Bank of America beat analysts' estimates with a surge in second-quarter profits, aided by improved consumer confidence, strong client activity in stock trading, and the bank's investments in artificial intelligence.
Read moreUS small business optimism rises to 97.4 in June
14th Jul 2026 12:16
(Sharecast News) - The National Federation of Independent Business' small business optimism index rose to 97.4 in June, its highest level in four months, up from 95.3 in May and above expectations of 95.8.
Read moreFed chair vows to tackle stubborn inflation
14th Jul 2026 11:49
(Sharecast News) - The Federal Reserve's new chair has insisted to US lawmakers that the surge in inflation seen over the last five years will become "a thing of the past".
Read moreEricsson posts softer Q2 sales, shares fall
14th Jul 2026 11:35
(Sharecast News) - Shares in Ericsson fell sharply on Tuesday, after the Swedish telecoms equipment specialist posted below forecast quarterly sales and flagged rising cost inflation.
Read moreEurope midday: Shares fall as oil surge sparks rate hike fears
14th Jul 2026 11:34
(Sharecast News) - European shares fell and oil prices continued to surge on Tuesday as the US launched a third straight night of strikes on Iran and President Donald Trump threatened a levy on shipping transiting the Strait of Hormuz.
Read moreJPMorgan downgrades Pearson to 'neutral', sees better value elsewhere
14th Jul 2026 11:26
(Sharecast News) - JPMorgan downgraded Pearson on Tuesday to 'neutral' from 'overweight' and cut the price target to 1,420p from 1,430p, saying its forecasts now only imply modest upside and it sees better value elsewhere.
Read moreEurope close: Stocks rise after soft US inflation reading
14th Jul 2026 11:25
(Sharecast News) - European stocks edged higher on Tuesday despite another climb in oil prices as a sharp slowdown in US inflation eased concerns that the Federal Reserve will hike interest rates at its next meeting.
Read moreAsia report: Stocks erase early losses, but upside limited by oil price surge
14th Jul 2026 11:24
(Sharecast News) - Asian stock markets finished mostly higher on Tuesday after a late-day rally erased earlier losses, though the mood remained cautious as investors weighed the latest military operations in the Middle East and another surge in oil prices.
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