News Archive

US services PMIs show momentum slowed in September

3rd Oct 2025 14:27

(Sharecast News) - Two closely followed surveys tracking the US services sector painted a contrasting picture of economic activity in September, though both showed a slowdown in momentum during the month.

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US open: Wall Street opens higher as AI rally offsets shutdown unease

3rd Oct 2025 13:40

(Sharecast News) - US stocks were in the green early on Friday after major indices closed at fresh highs in the previous session, buoyed by strength in AI-linked names that appeared to outweigh concerns over the ongoing government shutdown.

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Spreadex reaches agreement with competition watchdog

3rd Oct 2025 13:21

(Sharecast News) - Spreadex looked set to offload Sporting Index, it was confirmed on Friday, after the competition watchdog ruled the 2023 takeover had created a monopoly.

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FTSE 100 movers: Fresnillo rallies on record gold prices, Flutter heads south on Kalshi's parlay-style product launch

3rd Oct 2025 13:04

(Sharecast News) - London's FTSE 100 was up 0.51% at 9,475.65 in afternoon trade on Friday.

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CVC to snap up stake in chain of private schools

3rd Oct 2025 11:19

(Sharecast News) - CVC is to buy into a chain of international private schools, it was announced on Friday, after striking a deal with Partners Group.

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London midday: UK stocks keep grinding towards year's highs

3rd Oct 2025 11:15

(Sharecast News) - Stocks are moving higher still shortly before midday with investor sentiment buoyed by fresh bullish news around the artificial intelligence space, even as investors keep a wary eye on the ongoing budget standoff in Washington D.C..

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US pre-open: Futures higher as AI rally offsets shutdown concerns

3rd Oct 2025 10:35

(Sharecast News) - Wall Street futures were in the green ahead of the bell on Friday after major indices closed at fresh highs in the previous session, buoyed by strength in AI-linked names that appeared to outweigh concerns over the ongoing government shutdown.

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Europe midday: Stoxx 600 hits another record as banking stocks rise

3rd Oct 2025 10:21

(Sharecast News) - European stock markets pushed further into record territory on Friday, extending their winning streak into the sixth day, despite a raft of mostly worse-than-expected economic data.

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Eurozone growth nudges higher on stronger services sector

3rd Oct 2025 10:10

(Sharecast News) - Growth in the Eurozone nudged higher September, a closely-watched survey showed on Friday, after the bloc's services sector strengthened.

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Canaccord Genuity lifts target price on Serica Energy following Prax asset deal

3rd Oct 2025 09:42

(Sharecast News) - Canaccord Genuity raised its target price on Serica Energy from 215p to 240p on Friday following the group's acquisition of upstream assets from Prax E&P, which recently entered administration.

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Asia report: Stocks jump on US AI news

3rd Oct 2025 09:36

(Sharecast News) - Stocks in the Asia-Pacific region ended the week mostly on an up note.

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Eurozone producer prices fall more than expected

3rd Oct 2025 09:21

(Sharecast News) - Factory gate prices across the eurozone fell more than expected in August, according to figures out on Friday from Eurostat, with the annual rate of growth showing deflation for the first time this year.

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UK services PMI revised to five-month low

3rd Oct 2025 09:21

(Sharecast News) - Growth across the UK services sector slowed much more sharply than initially thought in September, according to revised estimates from S&P Global on Friday.

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Berenberg raises target price on Morgan Sindall

3rd Oct 2025 09:05

(Sharecast News) - Analysts at Berenberg raised their target price on construction outfit Morgan Sindall from 5,000p to 5,250p on Friday, following the group's revelation that its full-year results would be significantly ahead of previous expectations.

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Boeing's 777x jet facing further delays - report

3rd Oct 2025 09:01

(Sharecast News) - US aviation giant Boeing Co's long-awaited 777X jet is facing further delays, it was reported on Friday.

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