News Archive

Shares in Abivax plunge as safety concerns cloud trial results

2nd Jun 2026 10:21

(Sharecast News) - Shares in Abivax tanked on Tuesday, after trial results for an inflammatory bowel drug developed by the French biotech disappointed.

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STMicroelectronics shares jump on data centre guidance upgrade

2nd Jun 2026 10:20

(Sharecast News) - Shares in semiconductor group STMicroelectronics rallied in Paris on Tuesday after the chip contract manufacturer raised revenue guidance for its data centres business.

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Secure Trust bank CFO Rachel Lawrence to retire next year

2nd Jun 2026 10:20

(Sharecast News) - Secure Trust Bank said on Tuesday that chief financial officer Rachel Lawrence plans to retire in the first half of 2027 after six years with the specialist lender.

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Paragon Banking H1 profits drop, loan book up

2nd Jun 2026 09:37

(Sharecast News) - Paragon Banking reported a rise in its first-half net loan book on Tuesday, but a drop in profits as it was hit by impairments, while mortgage lending fell.

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Engage XR reports smaller full-year loss

2nd Jun 2026 09:34

(Sharecast News) - Engage XR reported a lower full-year loss despite a sharp fall in revenue on Tuesday, as the immersive communications technology provider cut costs and shifted its focus towards education, training and subscription-led income.

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Claude-owner Anthropic files for blockbuster IPO

2nd Jun 2026 09:16

(Sharecast News) - Anthropic has confirmed plans to debut on the New York Stock Exchange, in what is expected to be one of the biggest-ever initial public offerings.

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US pre-open: Futures slip as markets pull back from record highs

2nd Jun 2026 09:15

(Sharecast News) - US stock futures were pulling back on Tuesday after all three of Wall Street's benchmark indices set new closing highs the previous session, with investors closely watching the latest developments in the Middle East.

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Asia report: Markets mixed on fresh Iran uncertainty

2nd Jun 2026 09:14

(Sharecast News) - Asia-Pacific markets closed mixed on Tuesday as investors weighed renewed uncertainty over US-Iran peace negotiations, while Wall Street benchmarks climbed to fresh highs overnight on technology optimism.

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Gooch & Housego shares slide despite higher H1 revenue, profit

2nd Jun 2026 09:07

(Sharecast News) - Gooch & Housego shares fell on Tuesday despite the company reporting higher first-half revenue and profits, as investors looked past strong aerospace and defence demand and a record order book to focus on continued disruption in Life Sciences, increased debt and working capital pressures.

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Elementis announces €35m share buyback, shares spark

2nd Jun 2026 09:06

(Sharecast News) - Elementis shot higher on Tuesday after saying it will return around $35m of net cash proceeds to shareholders following completion of the sale of its pharmaceutical manufacturing business.

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ECB under pressure as eurozone inflation jumps to 3.2%

2nd Jun 2026 09:01

(Sharecast News) - Eurozone inflation rose to 3.2% last month, an official flash estimate showed on Tuesday, as higher energy prices caused by the US-Israel war on Iran and Lebanon put the European Central Bank under more pressure to lift interest rates.

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GB Group reports full-year statutory loss

2nd Jun 2026 09:01

(Sharecast News) - GB Group shares fell on Tuesday after the identity and location technology company said a one-off £6m investment in its GBG Go platform would hit margins next year, overshadowing higher underlying earnings and improving revenue momentum.

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Wizz Air reports sharp rise in passenger numbers in May

2nd Jun 2026 08:48

(Sharecast News) - Wizz Air reported a sharp rise in May passenger numbers on Tuesday, as capacity increased into the summer season, while its load factor improved year on year.

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Tencent shares jump on reports of WeChat AI agent launch

2nd Jun 2026 08:40

(Sharecast News) - Shares in Tencent jumped more than 10% in Hong Kong on Tuesday after reports emerged that the company is nearing the launch of an AI agent within its flagship WeChat platform.

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London open: Stocks rise despite conflicting Middle East messages

2nd Jun 2026 08:14

(Sharecast News) - London stocks rose in early trade on Tuesday following losses in the previous session, as investors mulled conflicting messages on the status of US-Iran peace talks.

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