Stock market news from ShareCast
Stock market reports
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US close: S&P 500, Nasdaq hit new records after jobs report
Fri 08 May 2026 22:59
(Sharecast News) - Stronger-than-expected jobs data and strong gains in the chip sector pushed the S&P 500 and Nasdaq to more record highs on Friday, with investors seemingly shrugging off ongoing uncertainty in the Middle East. -
London close: Blue chips fall for second day as oil prices rise
Fri 08 May 2026 16:09
(Sharecast News) - Stocks in London fell again on Friday as oil prices rose for the first time in four days after the US and Iran exchanged fire in the vital Strait of Hormuz. -
Europe close: Stocks lower as investors watch US-Iran ceasefire
Fri 08 May 2026 16:03
(Sharecast News) - European shares closed lower on Friday as the US and Iran exchanged fire in the Strait of Hormuz, raising concerns that the fragile ceasefire between the two countries may not hold. -
US open: Stocks higher as April jobs surprise offsets geopolitical concerns
Fri 08 May 2026 13:30
(Sharecast News) - Major indices were in the green early on Friday as market participants monitored developments in the US and Israel's conflict with Iran and digested April's stronger-than-expected non‑farm payrolls report. -
Asia report: Markets mostly fall amid renews clashes in Strait of Hormuz
Fri 08 May 2026 11:48
(Sharecast News) - Asia-Pacific markets mostly fell on Friday as renewed clashes between the US and Iran in the Strait of Hormuz unsettled investors and weighed on risk sentiment.
Press round-up
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Friday newspaper round-up: Meta, Modella Capital, Network Plus
Fri 08 May 2026 07:13
(Sharecast News) - Meta has launched a legal challenge against the UK's media regulator over the fees and fines regime it is enforcing under landmark digital safety legislation. The Facebook and Instagram owner is claiming that Ofcom's methodology for cal -
Thursday newspaper round-up: Fertiliser shortages, speed limits, Elon Musk
Thu 07 May 2026 07:21
(Sharecast News) - Fertiliser shortages caused by the Iran war have driven up costs for UK farmers by up to 70% and will have a "dramatic" impact on food prices globally next year, according to one of Britain's most powerful property and farming companies
Company news
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Porsche to cut more than 500 jobs, close three divisions
Fri 08 May 2026 15:32
(Sharecast News) - Luxury sports car maker Porsche has announced more than 500 job cuts and the discontinuation of three divisions as part of its sharpened focus on core businesses. -
E.ON, Ovo to announce merger agreement next week - report
Fri 08 May 2026 14:18
(Sharecast News) - Household energy suppliers E.ON and Ovo are reportedly targeting a merger announcement next week. -
Akamai shares surge on $1.8bn deal with unknown AI company
Fri 08 May 2026 13:20
(Sharecast News) - Akamai Technologies shares surged on Friday after the cyber security and cloud computing company revealed details of a $1.8bn contract, as first-quarter results came in line with market expectations. -
Sony predicts slight sales decline this year, Q4 profits sink
Fri 08 May 2026 12:36
(Sharecast News) - Media and entertainment giant Sony said it expects annual sales to fall this year following a record 12 months for the Japanese firm, while profits in the fourth quarter dropped sharply. -
Boss of South East Water quits after winter outages
Fri 08 May 2026 11:44
(Sharecast News) - The chief executive of South East Water has quit following a spate of outages last winter, a week after the utility's chair also stepped down.
Directors' dealings
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Director dealings: Melrose Industries non-executive director raises stake
Fri 08 May 2026 13:20
(Sharecast News) - Melrose Industries revealed on Friday that non-executive director Mary Petryszyn had acquired 5,000 ordinary shares in the FTSE 100-listed aerospace manufacturer. -
Director dealings: Chrysalis Investments director purchases shares
Thu 07 May 2026 13:48
(Sharecast News) - Chrysalis Investments revealed on Thursday that non-executive director Samuel Dobyn had acquired 61,027 ordinary shares in the FTSE 250-listed investment trust.
Sector review
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Sector movers: Santa Rally gets off to early start, analysts say
Wed 11 December 2024 18:41
(Sharecast News) - This year's Santa Rally appeared to get off to an early start according to some analysts in the City. -
Sector movers: Precious metals miners dip ahead of Fed decision
Wed 18 September 2024 20:55
(Sharecast News) - Stocks fell in the middle of the week with investors opting to sit on their hands ahead of the US central bank's interest rate decision scheduled for later.
Aim and small cap news
AIM bulletins
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Empyrean partner signs subsea contract for Mako gas field development
Fri 08 May 2026 15:51
(Sharecast News) - Empyrean Energy said on Friday that the operator of the Duyung production sharing contract had signed a binding contract for subsea engineering, procurement, construction and installation work to support development of the Mako gas fiel -
Empyrean partner signs subsea contract for Mako gas field development
Fri 08 May 2026 15:51
(Sharecast News) - Empyrean Energy said on Friday that the operator of the Duyung production sharing contract had signed a binding contract for subsea engineering, procurement, construction and installation work to support development of the Mako gas fiel -
Trellus Health shares suspended as it seeks long-term funding
Fri 08 May 2026 15:49
(Sharecast News) - Trellus Health said on Friday that its shares had been suspended from trading on AIM as it continued to seek long-term funding and evaluate options including the potential sale of its US subsidiary. -
Arrow upbeat as Tapir appraisal well enters production
Fri 08 May 2026 15:46
(Sharecast News) - Arrow Exploration said on Friday that its Mateguafa HZ12 appraisal well on the Tapir Block in Colombia had been successfully drilled and brought on production, while its first Icaco exploration well had now been spudded. -
URU Metals startss electromagnetic survey at Zeb Nickel Project
Fri 08 May 2026 15:43
(Sharecast News) - URU Metals said on Friday that it had started a ground-based frequency-domain electromagnetic survey at its Zeb Nickel Project in South Africa, as part of its continuing geophysical programme to refine and prioritise drill targets.
Small cap bulletins
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PensionBee reaches £8bn AUA milestone
Mon 27 April 2026 09:05
(Sharecast News) - Online retirement savings provider PensionBee Group announced on Monday that assets under administration had hit approximately £8bn. -
Auction Technology Q2 performance remains 'positive'
Mon 20 April 2026 08:17
(Sharecast News) - Auction and list price marketplaces operator Auction Technology Group said on Monday that second‑quarter trading remained positive, building on momentum seen in the first quarter, with the group now expecting to report first‑half re