News Archive

Shares in Samsung slump despite 19-fold surge in profits

7th Jul 2026 07:38

(Sharecast News) - Shares in Samsung Electronics fell heavily on Tuesday, despite the South Korean chipmaker seeing second-quarter profits surge 1800%.

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House prices inch higher as mortgage costs ease

7th Jul 2026 07:37

(Sharecast News) - House prices ticked up in June, industry data showed on Tuesday, as mortgage rates started to ease.

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London pre-open: Stocks to edge up as investors mull Samsung results, house price data

7th Jul 2026 07:37

(Sharecast News) - London stocks were set to edge up at the open on Tuesday as investors digested the latest UK house price data and results from Samsung.

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Tuesday newspaper round-up: Gambling customers, student loan repayments, Russian bankruptcies

7th Jul 2026 07:17

(Sharecast News) - The Scottish government is about to consider a sweeping moratorium on building new datacentres, putting a key plank of the UK's AI strategy at risk. Last Sunday the Scottish National party (SNP)'s national council passed a motion to freeze all new datacentres in Scotland. That motion has been sent to the Scottish government to consider. It could apply to all datacentre projects that have not yet received planning permission - although its exact implementation is up to the Scottish government to decide. - Guardian

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Halma buys Dreampath for up to €275m

7th Jul 2026 07:14

(Sharecast News) - Safety equipment maker Halma on Tuesday said it had bought France-based Dreampath Diagnostics for an initial €154m (£132m), on a cash- and debt-free basis.

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Wednesday preview: Jet2 results, FOMC minutes in focus

7th Jul 2026 07:12

(Sharecast News) - Wednesday will see the release of full-year results from Jet2 and trading updates from Unite and Pennon.

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Adnoc to buy Shell's South Africa fuel stations in $1bn deal

7th Jul 2026 07:11

(Sharecast News) - Adnoc Distribution has agreed to buy Shell Downstream South Africa in a deal valuing the business at about $1bn, marking its largest overseas acquisition and a major step in its expansion beyond the Gulf.

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Keller Q2 trading strengthens, FY revenues seen ahead of consensus

7th Jul 2026 07:06

(Sharecast News) - Geotechnical contractor Keller Group lifted its full‑year guidance on Tuesday, saying revenue and underlying operating profit for 2026 were now expected to come in "materially ahead" of market consensus after a stronger‑than‑expected second quarter performance.

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US close: Dow tops 53,000 for first time

6th Jul 2026 22:13

(Sharecast News) - Major indices closed higher on Monday, with the blue chip Dow Jones Industrial Average hitting another fresh record high.

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Europe close: Stocks mostly lower as regional rally ends

6th Jul 2026 15:15

(Sharecast News) - The rally in European shares sputtered to a halt on Monday after the Stoxx 600 hit a fresh intraday high, with equities closing mixed across the continent.

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Frontier IP's inSignals awarded grant for Parkinson's tech

6th Jul 2026 15:11

(Sharecast News) - Frontier IP said on Monday that its portfolio company inSignals Neurotech had been awarded a €317,762 grant, co-financed by the EU under Portugal 2030 through the NORTE 2030 programme, to expand its Parkinson's monitoring technology to third-party wearables including smartwatches and smart rings. Frontier IP holds a 32.9% equity stake in the company.

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Tekcapital investee Innovative Eyewear posts Q2 net sales of $1m

6th Jul 2026 15:09

(Sharecast News) - Tekcapital said on Monday that its portfolio company Innovative Eyewear reported preliminary second-quarter net sales of about $1.0m, up around 71% year on year, marking its 12th consecutive quarter of revenue growth.

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Alien Metals affiliate GreenTech appoints chief geologist

6th Jul 2026 15:06

(Sharecast News) - Alien Metals said on Monday that GreenTech Metals had appointed Rachel Backus as chief geologist, effective 27 July 2026, as GreenTech prepares for a major drilling programme at the Munni Munni PGE-Cu-Ni and Whundo Cu-Zn-Au projects in Western Australia.

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Seascape Energy exec chair on medical leave after cycling accident

6th Jul 2026 15:04

(Sharecast News) - Seascape Energy Asia said on Monday executive chairman James Menzies would take an initial three-month medical leave of absence following a cycling accident.

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Microsoft to cut 2.1% of global workforce, or 4,800 jobs

6th Jul 2026 15:03

(Sharecast News) - Microsoft has announced plans to cut around 2.1% of its global workforce, or 4,800 jobs.

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