News Archive

US initial jobless claims drop by 8,000

20th Nov 2025 13:38

(Sharecast News) - Americans lined up for unemployment benefits at a decelerated pace last week, according to fresh data from the Department of Labor.

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Shares slump as Bath & Body Works slashes outlook

20th Nov 2025 12:31

(Sharecast News) - Shares in Bath & Body Works tumbled on Thursday, after the US retailer cut its sales and profits outlook amid a slump in demand.

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Shore Capital upgrades CMC Markets to 'buy', hikes estimates

20th Nov 2025 12:22

(Sharecast News) - Broker Shore Capital lifted its recommendation on CMC Markets to 'buy' from 'hold' on Thursday and upped its price target to 330p from 280p after the spread betting firm lifted its outlook for full-year net operating income following a better-than-expected first half.

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Walmart lifts guidance as ecommerce drives Q3 sales higher

20th Nov 2025 12:20

(Sharecast News) - American retail giant Walmart delivered a strong third-quarter performance on Thursday, with sales and profits both up on last year, helping the big box chain to raise its outlook for the full year.

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US open: Stocks rally on Nvidia beat, delayed jobs data

20th Nov 2025 12:19

(Sharecast News) - Major indices were in the green early on Thursday as investors cheered better than expected quarterly earnings from artificial intelligence darling Nvidia and digested September's long-delayed nonfarm payrolls report.

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Everplay appoints veteran gaming exec Weider as new CEO

20th Nov 2025 11:56

(Sharecast News) - Everplay Group announced the appointment of experienced gaming executive Mikkel Weider as its new chief executive officer on Thursday, with effect from 1 January, as the independent games developer and publisher looked to accelerate growth and expand its portfolio.

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IBM, Cisco to develop long-distance quantum-capable networks

20th Nov 2025 11:35

(Sharecast News) - IBM and Cisco unveiled plans to develop long-distance networks capable of linking quantum computers on Thursday, marking a significant step toward distributed quantum computing and, eventually, a quantum internet.

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US shutdown to hit profits at Artisanal Spirits Company, shares slump

20th Nov 2025 11:32

(Sharecast News) - Shares in The Artisanal Spirits Company tumbled on Thursday, after the whisky specialist warned that the US government shutdown and an overhaul of its American sales channel would dent profits.

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Europe midday: Shares pare gains after Nvidia euphoria

20th Nov 2025 11:19

(Sharecast News) - European shares pared gains on Thursday as investors cheered better-than-expected results from US tech darling Nvidia and shrugged off concerns about a valuation bubble among artificial intelligence companies.

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PayPoint slumps as it pushes out £100m EBITDA forecast

20th Nov 2025 11:12

(Sharecast News) - PayPoint shares were sliding on Wednesday morning, after it reported a pressured first half as disruption in its parcels network and slower-than-anticipated growth in its obconnect open-banking unit delayed progress toward its £100m underlying EBITDA target.

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Panmure Liberum lifts Rotork target price after strong Q3 update

20th Nov 2025 10:47

(Sharecast News) - Panmure Liberum has raised its target price slightly for Rotork after the flow control and instrumentation group's strong third-quarter update this week, expressing confidence in the company hitting full-year targets.

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US nonfarm payrolls easily beat expectations

20th Nov 2025 10:36

(Sharecast News) - US non-farm payrolls increased by 119,000 in September, according to the Bureau of Labor Statistics, following August's revised 4,000 decline and well and truly ahead of forecasts of 50,000 for the biggest job gain in five months, but also revealed downward revisions to both July and August's prints.

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London midday: FTSE gains as investors cheer Nvidia results; payrolls in focus

20th Nov 2025 10:33

(Sharecast News) - London stocks were still higher by midday on Thursday as investors cheered stellar third-quarter results from US chipmaker and AI bellwether Nvidia, and looked ahead to the release of the delayed non-farm payrolls report.

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Manufacturing output falls at fastest pace since Aug 2020 - CBI

20th Nov 2025 10:32

(Sharecast News) - UK manufacturing output volumes fell in November at the fastest pace since August 2020 amid uncertainty ahead of the Budget, according to the latest Industrial Trends survey from the Confederation of British Industry.

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US pre-open: Futures higher following Nvidia earnings

20th Nov 2025 10:31

(Sharecast News) - Wall Street futures were in the green ahead of the bell on Thursday as investors cheered better than expected quarterly earnings from artificial intelligence darling Nvidia.

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