News Archive
US inflation expectations ease a tad in July, University of Michigan says
12th Jul 2024 12:46
(Sharecast News) - Consumer sentiment in the US remained little changed in July, although expectations for price gains did ease a tad, the results of a closely followed survey showed.
Read moreJP Morgan reports big jump in Q2 revenues and profit, but cautions on tail risks
12th Jul 2024 12:45
(Sharecast News) - JP Morgan posted big increases on both its top and bottom lines, even as its boss continued to call attention to the potential risks on the horizon.
Read moreMonths of AT&T call records exposed in data breach
12th Jul 2024 12:09
(Sharecast News) - American telecoms giant AT&T revealed on Friday that the call and text logs of its customers were hacked between May and October 2022, and said that at least one person has been arrested.
Read moreWells Fargo shares down in pre-market as Q2 net interest income falls
12th Jul 2024 11:22
(Sharecast News) - Banking giant Wells Fargo revealed on Friday that Q2 net interest income was almost down double-digits year-on-year.
Read moreEurope midday: Stoxx up on rate cut hopes; Big US banks in focus
12th Jul 2024 11:12
(Sharecast News) - European shares were higher on Friday, with sentiment buoyed by an unexpected fall in US inflation that raised hopes of a rate cut in September.
Read moreCiti posts higher Q2 revenues and profit, lifts dividend
12th Jul 2024 11:09
(Sharecast News) - Citigroup posted higher quarterly revenues and profit, alongside an increased dividend.
Read moreRio Tinto eyeing up possible mega deal - report
12th Jul 2024 11:01
(Sharecast News) - Blue chip miner Rio Tinto is understood to be eyeing up a list of possible takeover targets, it was reported on Friday, including Canada's Teck Resources.
Read moreUS pre-open: Stocks little changed as traders await bank earnings
12th Jul 2024 10:58
(Sharecast News) - Wall Street futures were little changed ahead of the bell on Thursday ahead of more key inflation data and a number of earnings from major US banks.
Read moreNorwegian Air shares jump as airline swings to Q2 profit
12th Jul 2024 10:48
(Sharecast News) - Shares in Norwegian Air surged on Friday after the carrier swung to a profit in the second quarter on the back of strong passenger growth and an improved cost performance.
Read moreLondon midday: Stocks up on US rate cut hopes
12th Jul 2024 10:42
(Sharecast News) - London stocks were still in the black by midday on Friday, with sentiment boosted by US rate cut hopes, as investors turned their attention to bank earnings across the pond.
Read moreSystem1 Q1 revenues improve, driven by platform growth
12th Jul 2024 10:02
(Sharecast News) - Market research firm System1 said on Friday that revenues were markedly improved over the three months ended 30 June, driven by a surge in platform revenues throughout the quarter.
Read moreCadence Minerals shares drop after fundraise
12th Jul 2024 09:58
(Sharecast News) - Cadence Minerals was the heaviest faller on the AIM on Friday following the news that it has raised £750,000 through a share placing to fund further activity at its Amapá iron ore project in Brazil.
Read moreBerenberg lowers target price on BHP
12th Jul 2024 09:36
(Sharecast News) - Analysts at Berenberg lowered their target price on mining giant BHP from 2,100.0p to 2,000.0p on Friday after the firm provided the market with clarity on the futures of its West Australian nickel business.
Read moreCiti stays cautious over Vodafone's growth slowdown
12th Jul 2024 09:26
(Sharecast News) - Citi has maintained a 'neutral' stance on Vodafone ahead of the telecoms group's first-quarter results in two weeks, saying that the top-line moderation in two key markets could keep a lid on growth.
Read moreSoftBank snaps up UK chipmaker Graphcore
12th Jul 2024 09:00
(Sharecast News) - SoftBank Group has snapped up UK start-up Graphcore, it was confirmed on Friday, as the Japanese tech giant continues to expand into artificial intelligence.
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