News Archive

UK new car registrations back at pre-Covid levels as EV demand accelerates

5th Aug 2026 11:09

(Sharecast News) - UK new car registrations increased sharply in July, recording their strongest performance for the month since 2019 as demand for electric vehicles surged, according to industry figures released on Wednesday.

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US mortgage applications drop 2.9pc as mortgage rates hit one-year high

5th Aug 2026 10:32

(Sharecast News) - US mortgage applications decreased by 2.9% in the week ended 31 July, according to the Mortgage Bankers Associaiton, building on the prior week's 6.4% increase and marking the sharpest back-to-back decline in two months.

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US pre-open: Futures higher as markets look to extend sharp rally

5th Aug 2026 10:31

(Sharecast News) - Wall Street futures were in the green ahead of the open on Wednesday, with stocks looking to build on a huge rally from the prior session.

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UK services sector returns to growth in July

5th Aug 2026 10:05

(Sharecast News) - The UK services sector returned to growth in July, according to a survey released on Wednesday.

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Hiscox lifts full-year Retail growth guidance

5th Aug 2026 09:32

(Sharecast News) - Insurer Hiscox upped its guidance for 2026 constant currency growth in the retail segment on Wednesday following a "strong" first half.

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Berenberg lowers target price on Fresnillo following H1 results

5th Aug 2026 09:27

(Sharecast News) - Analysts at Berenberg cut their target price on Fresnillo from 3,300p to 2,900p, saying the miner's longer‑dated growth profile and rising capital‑project demands warranted a more tempered valuation.

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4imprint raises FY guidance despite tariff-related headwinds

5th Aug 2026 09:26

(Sharecast News) - Promotional products marketer 4imprint said on Wednesday that it had delivered a solid first‑half performance in 2026, coming in ahead of internal expectations despite margin pressure from tariff‑related supplier cost increases.

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Eurozone business activity strengthens in July

5th Aug 2026 09:15

(Sharecast News) - Eurozone business activity strengthened in July, with the bloc's private sector expanding at its fastest pace in eight months, according to data published on Wednesday.

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Ibstock gives cautious outlook amid subdued construction market

5th Aug 2026 09:15

(Sharecast News) - Ibstock said on Wednesday that full-year earnings were expected to come in around the lower end of market forecasts, as weak UK construction activity weighed on its first-half performance.

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Asia report: Stocks jump as oil prices drop, inflation risks ease

5th Aug 2026 09:14

(Sharecast News) - Equity markets across Asia jumped on Wednesday as oil prices stabilised at a four-week low amid increased hopes that the US and Iran will soon agree a deal to fully reopen the Strait of Hormuz, with tech stocks in demand.

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SpaceX tops Q2 expectations as Starlink scales, heavy AI spend weighs on stock

5th Aug 2026 08:17

(Sharecast News) - Elon Musk's SpaceX posted stronger‑than‑expected second‑quarter results after the close on Tuesday in its first earnings release as a public company, offering a rare look under the hood at a business whose shares have been sliding sharply in recent weeks.

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Ryanair hails record passenger numbers in July

5th Aug 2026 08:16

(Sharecast News) - Budget airline Ryanair reported record passenger numbers for July on Wednesday.

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London open: Stocks gain amid hopes of Hormuz reopening; Next surges

5th Aug 2026 07:59

(Sharecast News) - London stocks rose in early trade on Wednesday amid hopes of a US-Iran agreement to reopen the vital Strait of Hormuz, with Next the star performer after the retailer lifted guidance again.

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L&G posts jump in H1 profit, hails strong asset management performance

5th Aug 2026 07:52

(Sharecast News) - Legal & General reported a jump in first-half core operating profit on Wednesday as it highlighted a strong performance in asset management and said full-year earnings per share growth would be above guidance.

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Europe open: Stoxx hits record again on hopes of Hormuz reopening

5th Aug 2026 07:43

(Sharecast News) - European shares touched record highs again on Wednesday continuing their rally this week, with new Wall Street highs also boosting momentum on the back of optimism that the US and Iran could make some progress on peace talks.

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