News Archive

London close: FTSE 100 slips to two-week low as AstraZeneca drops

9th Jul 2026 16:42

(Sharecast News) - The FTSE 100 finished marginally in the red on Thursday, bucking the positive trend seen across global stock markets on the back of losses across London's pharma, defence and oil sectors.

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US existing home sales fall, but prices hit record high

9th Jul 2026 16:41

(Sharecast News) - Existing home sales in the United States unexpectedly declined in June, according to the National Association of Realtors, though home prices soared as affordability trends picked up.

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Europe close: Stocks manage gains despite Middle East tensions

9th Jul 2026 16:26

(Sharecast News) - European stocks held gains on Thursday despite the latest exchange of strikes between the US and Iran overnight.

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Cornish Metals reports positive assay results from first Roskear hole

9th Jul 2026 16:23

(Sharecast News) - Cornish Metals said on Thursday that the first drillhole from its ongoing Roskear surface drilling programme at the South Crofty tin project in Cornwall had returned positive assay results, including several intercepts outside the current mineral resource estimate.

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Quantum Blockchain develops new variant of Bitcoin mining method

9th Jul 2026 16:19

(Sharecast News) - Quantum Blockchain Technologies said on Thursday it has developed a new mathematical variant of its Method B bitcoin mining technology that the company believes can improve the generation of winning hashes without requiring the learning phase used to guide ASIC mining strategies.

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US jobless claims fall to six-week low

9th Jul 2026 15:32

(Sharecast News) - Claims for unemployment benefits in the United States unexpectedly fell last week, according to the Department of Labor, hitting their lowest level since the middle of May.

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Broker tips: Saga, Auction Technology

9th Jul 2026 15:17

(Sharecast News) - Berenberg initiated coverage of Saga on Thursday with a 'buy' rating and 1,025p price target as it anticipates "plain sailing ahead".

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UK retail footfall drops in June, high streets hit hardest in heatwave

9th Jul 2026 15:08

(Sharecast News) - UK retail sales fell in June, with high streets faring the worst as the heatwave pushed shoppers indoors, according to a survey released on Friday by the British Retail Consortium.

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FTSE 250 movers: Playtech surges on earnings upgrade

9th Jul 2026 14:38

(Sharecast News) - FTSE 250 (MCX) 23,109.87 0.40%

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Friday preview: Hays update, Delta Air Lines results eyed

9th Jul 2026 13:53

(Sharecast News) - On Friday, recruiter Hays will publish a trading update for the quarter to 30 June, while Delta Air Lines will release quarterly results in the US.

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RBC Capital lifts price target on Auction Technology

9th Jul 2026 13:38

(Sharecast News) - RBC Capital Markets lifted its price target on Auction Technology on Thursday as it upgraded its model to reflect cost-savings driven upgrades.

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Berenberg starts coverage of Saga at 'buy'

9th Jul 2026 12:32

(Sharecast News) - Berenberg initiated coverage of Saga on Thursday with a 'buy' rating and 1,025p price target as it anticipates "plain sailing ahead".

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US open: Stocks edge higher but Iran conflict limits upside, PepsiCo drops

9th Jul 2026 12:12

(Sharecast News) - New York stocks inched higher on Thursday morning as oil prices pulled back following a recent surge, though gains were limited as investors weighed the latest developments in the Middle East and the potential for an escalation in conflict between the US and Iran.

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Informa names former Reuters boss Tom Glocer chair

9th Jul 2026 11:58

(Sharecast News) - Media group Informa has named former Thomson Reuters Group veteran Tom Glocer as its next chair.

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PepsiCo shares drop on gloomy outlook despite Q2 beat

9th Jul 2026 11:56

(Sharecast News) - PepsiCo shares dropped in New York on Thursday after the drinks and snacks group flagged pressure from unpredictable commodity prices and weaker North American food sales, despite posting higher second-quarter profits.

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