News Archive

Europe open: Shares rally on record Dow close

30th Jun 2026 07:54

(Sharecast News) - European shares rallied and neared fresh highs at the open on Tuesday after a record close for the Dow Jones on Wall Street overnight.

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UK economy grows 0.6% in Q1, as expected

30th Jun 2026 07:51

(Sharecast News) - The UK economy grew 0.6% in the three months to March, in line with expectations and following revised growth of 0.1% in the final quarter of 2025, according to figures released on Tuesday by the Office for National Statistics.

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Berenberg hikes target price on ITM Power

30th Jun 2026 07:39

(Sharecast News) - Analysts at Berenberg lifted their price target on ITM Power from 110p to 200p on Tuesday, saying the group's partnership with Rheinmetall on the Giga PtX project representeed a "significant growth opportunity" as the it pushes into fresh end‑markets.

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Wednesday preview: AB Foods update; UK manufacturing PMI due

30th Jun 2026 07:35

(Sharecast News) - Wednesday will bring the release of a trading update from Primark owner Associated British Foods as well as the latest UK manufacturing PMI.

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London pre-open: Stocks to edge up as investors mull GDP

30th Jun 2026 07:34

(Sharecast News) - London stocks were set to edge up at the open on Tuesday as oil prices fell on renewed US-Iran peace hopes and as investors mulled the latest UK GDP figures.

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Sainsbury's reports slower sales as Iran war continues to impact

30th Jun 2026 07:32

(Sharecast News) - UK supermarket chain Sainsbury's held annual guidance despite slower first quarter sales as the war in Iran and Lebanon continued to cause uncertainties for customers.

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IWG increases buyback programme by $50m

30th Jun 2026 07:19

(Sharecast News) - Serviced offices provider International Workplace Group said on Tuesday that it has increased its 2026 share buyback programme by $50m, taking the total to $150m.

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Tuesday newspaper round-up: Brompton, TG Jones, housebuilders

30th Jun 2026 07:18

(Sharecast News) - The French sports gear retailer Decathlon and a Chinese investment group that was an early backer of Labubu soft toys have bought stakes in the British folding bike maker Brompton, as its boss said the cycling market was recovering from a slump in sales. Decathlon has acquired a 10% stake in the manufacturer while BA Capital has bought 5% in a deal understood to collectively be worth about £18m. - Guardian

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US close: Dow tops 52,000 as Wall Street rallies on tech rebound, US-Iran pause

29th Jun 2026 23:02

(Sharecast News) - Major indices traded higher on Monday, with the Dow Jones closing above 52,000 for the first time as technology shares rebounded after a difficult week, while investors monitored a pause in hostilities between the US and Iran that left questions over the durability of the agreement and the outlook for Middle East oil supplies.

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London close: Stocks fall for second day amid Middle East, political uncertainty

29th Jun 2026 15:50

(Sharecast News) - UK stocks ended a choppy day slightly lower as investors assessed fresh geopolitical developments in the Middle East and comments from Andy Burnham, Labour's frontrunner to be the new prime minister.

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Rocket Lab to buy Iridium in $8bn deal

29th Jun 2026 15:47

(Sharecast News) - Rocket Lab said on Monday that it has agreed to buy satellite communications provider Iridium in a $8bn cash and stock deal.

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Royal Navy to replace ageing destroyers with hybrid warships

29th Jun 2026 15:44

(Sharecast News) - The Royal Navy is to acquire at least six hybrid warships, the government confirmed on Monday, as it looks to replace its fleet of Type 45 destroyers.

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Tuesday preview: Sainsbury's update, UK GDP in focus

29th Jun 2026 15:25

(Sharecast News) - On Tuesday, supermarket chain Sainsbury's will release a first-quarter trading statement, while Nike will report quarterly numbers in the US.

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UK shop price inflation steady in June, food inflation dips

29th Jun 2026 15:11

(Sharecast News) - Shop price inflation was steady in June amid summer discounting, while food inflation dipped, according to figures released on Tuesday.

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US open: Stocks higher amid tech gains, easing Middle East tensions

29th Jun 2026 14:56

(Sharecast News) - Major indices traded higher at the open on Monday, with technology shares rebounding after a difficult week, while investors monitored a pause in hostilities between the US and Iran that left questions over the durability of the agreement and the outlook for Middle East oil supplies.

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