News Archive

Shares sing as Spotify beats forecasts, lifts guidance

4th Nov 2025 11:24

(Sharecast News) - Spotify boosted earnings guidance on Tuesday, following an above-forecast spike in users and revenues during the third quarter.

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Europe midday: Shares slide as investors take a break

4th Nov 2025 11:22

(Sharecast News) - European shares tumbled on Tuesday as investors took a risk-off approach and eyed a speech from British Finance Minister Rachel Reeves in which she refused to rule out tax rises to raise more revenue.

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London midday: Stocks stay down as investors mull Reeves speech; AB Foods drops

4th Nov 2025 10:41

(Sharecast News) - London stocks were still weaker by midday on Tuesday, joining a broader market selloff, as Chancellor Rachel Reeves' pre-Budget speech sent sterling to a seven-month low against the dollar.

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Asia report: Markets fall on mixed signals, RBA holds rates

4th Nov 2025 10:35

(Sharecast News) - Asia-Pacific equities fell on Tuesday as investors digested mixed economic signals and the Reserve Bank of Australia's policy decision.

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US pre-open: Futures firmly in the red as investors reassess lofty AI multiples

4th Nov 2025 10:32

(Sharecast News) - Wall Street futures were firmly in the red ahead of the bell on Tuesday as artificial intelligence-related names came under pressure.

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Tesla investor NBIM votes against $1trn pay package for Musk

4th Nov 2025 10:12

(Sharecast News) - A major Tesla investor has rejected the $1trn pay package being proposed for founder and chief executive Elon Musk.

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Shares slide as Telefonica slashes dividend

4th Nov 2025 10:06

(Sharecast News) - Shares in Telefonica slumped on Tuesday, after the Spanish telecoms group confirmed it would slash the dividend as part of a new strategy.

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Profits rise, margins strengthen as Philips maintains guidance

4th Nov 2025 09:44

(Sharecast News) - Royal Philips reported higher third-quarter profit and stronger-than-expected margins on Tuesday, as solid demand in North America and productivity gains helped offset the impact of tariffs and softer trading elsewhere.

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Starbucks sells 60% stake in Chinese arm to Boyu Capital

4th Nov 2025 09:32

(Sharecast News) - Coffee giant Starbucks has announced that it is selling a majority stake of its Chinese operations to investment firm Boyu Capital in a deal worth $4bn.

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Canaccord Genuity hikes target price on Atalaya Mining

4th Nov 2025 09:04

(Sharecast News) - Analysts at Canaccord Genuity hiked their target price on copper mining firm Atalaya Mining from 580p to 830p on Tuesday as it aligned its methodology with its broader base metals coverage.

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Palantir beats forecasts, lifts guidance

4th Nov 2025 08:48

(Sharecast News) - Shares in Palantir Technologies came under pressure on Tuesday, despite the data intelligence specialist posting above-forecast quarterly numbers and boosting its full-year outlook.

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Zotefoams shares slide as group exits ReZorce packaging venture

4th Nov 2025 08:26

(Sharecast News) - Zotefoams shares fell sharply on Tuesday after confirming that it had ceased investment in its ReZorce circular packaging technology and transferred the IP to a newly formed external company with no financial consideration.

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Smiths News beats forecasts as collectables growth offsets newspaper weakness

4th Nov 2025 08:21

(Sharecast News) - Shares in Smiths News rose on Tuesday after the newspaper and magazine distributor beat profit and cash estimates with its results for the 12 months to 30 August, driven by a strong performance in its collectables business.

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Next 15 in talks over potential disposal of some of its brands

4th Nov 2025 08:17

(Sharecast News) - Next 15 confirmed on Tuesday that it was in talks about the potential disposal of a selected number of its brands, "in line with its stated simplification strategy".

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London open: Stocks dragged lower by miners as Reeves delivers pre-Budget speech

4th Nov 2025 08:16

(Sharecast News) - London stocks fell in early trade on Tuesday, dragged lower by miners, as Chancellor Rachel Reeves delivered a pre-Budget speech.

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