News Archive

US close: Stocks higher following Nvidia earnings

21st Nov 2024 22:33

(Sharecast News) - Wall Street stocks closed higher on Thursday as market participants thumbed over Q3 earnings from tech giant Nvidia.

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Friday preview: Global PMIs, Univeler in focus

21st Nov 2024 17:19

(Sharecast News) - Markets' attention at the end of the week will be on the release of a raft of purchasing managers' surveys for manufacturing and services in the euro area, UK and US.

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Europe close: Stoxx 600 snaps four-day losing streak

21st Nov 2024 16:29

(Sharecast News) - A late-afternoon rally saw European stocks snap a four-day losing streak on Thursday on the back of decent gains in London and Frankfurt, with bargain-hunters stepping in as markets hit a three-month low.

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Broker tips: JD Sports, Avacta, Liontrust Asset Management, Auction Technology Group

21st Nov 2024 16:06

(Sharecast News) - Shares in JD Sports Fashion tumbled on Thursday after a profit warning from the sportswear retailer, but it wasn't enough to change Shore Capital's 'buy' rating on the stock, with the broker citing an undemanding valuation.

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Director dealings: Asos director snaps up shares

21st Nov 2024 16:01

(Sharecast News) - Asos revealed on Thursday that non-executive director William Barker had acquired 150,000 ordinary shares in the fast-fashion retailer.

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London close: Stocks rise after UK borrowing data, Nvidia results

21st Nov 2024 16:00

(Sharecast News) - London stocks ended Thursday on a positive note, as markets rebounded following quarterly results from US tech giant Nvidia and investor response to the latest UK government borrowing figures.

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IDB proposes $200m debt funding for Atome's Villetta Project

21st Nov 2024 15:55

(Sharecast News) - Atome announced on Thursday that IDB Invest, the private investment arm of the Inter-American Development Bank (IDB), has proposed $200m in debt funding for the company's Villeta Project in Paraguay.

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Polarean's Xenoview 3T gets new FDA clearance

21st Nov 2024 15:51

(Sharecast News) - Polarean Imaging announced FDA 510(k) clearance for its Xenoview 3T Chest Coil on Thursday, extending compatibility to GE HealthCare's 3 Tesla (3T) MRI scanners.

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Peel Hunt starts Avacta at 'buy' with 99p price target

21st Nov 2024 15:22

(Sharecast News) - Peel Hunt initiated coverage on Avacta on Thursday with a 'buy' rating and 99p price target as it pointed out three key aspects of the investment case.

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FTSE 250 movers: CMC Markets slumps; Ithaca gains on special divi

21st Nov 2024 15:18

(Sharecast News) - FTSE 250 (MCX) 20,252.39 0.04%

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US existing home sales grow 3.5pc in October

21st Nov 2024 15:05

(Sharecast News) - Existing home sales increased by 3.5% in October, according to the National Association of Realtors, up from September's 14-month low.

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US open: Stocks mixed following Nvidia earnings

21st Nov 2024 15:03

(Sharecast News) - Wall Street trading got off to a mixed start early on Thursday as market participants thumbed over Q3 earnings from tech giant Nvidia.

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Resolute Mining CEO, execs freed by Mali government

21st Nov 2024 14:54

(Sharecast News) - Resolute Mining said chief executive Terence Holohan and two other executives have been released by authorities in Mali after reaching a deal to pay the government $160m over a tax dispute.

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PayPal experiences brief global outage

21st Nov 2024 14:53

(Sharecast News) - PayPal experienced a brief worldwide outage on Thursday after a "systems issue".

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Philly Fed manufacturing index unexpectedly turns negative

21st Nov 2024 14:52

(Sharecast News) - Manufacturing activity in the Philadelphia region unexpectedly contracted this month, though firms still remain upbeat about growth, according to a survey released on Thursday.

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