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Company news from ShareCast

No news or research item is a personal recommendation to deal. Hargreaves Lansdown may not share ShareCast's (powered by Digital Look) views.

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.

Nvidia inks deal to invest up to $2.1bn in IREN

Fri 08 May 2026 11:25

(Sharecast News) - Nvidia announced a strategic partnership with data centre operator IREN overnight on Friday, to accelerate the deployment of large-scale artificial intelligence infrastructure, including a potential investment of up to $2.1bn in the com

Toyota shares fall as it warns of Iran war costs

Fri 08 May 2026 11:22

(Sharecast News) - Toyota shares fell on Friday after the world's largest carmaker forecast a sharper-than-expected decline in annual profit, warning that the Iran war would add about JPY 670bn (£3.14bn) of costs this financial year through higher materi

Activist Saba Capital doubles holding in Syncona

Fri 08 May 2026 10:55

(Sharecast News) - Activist investor Saba Capital Management has turned its attention to yet another City investment trust, after building up a stake of just over 10% in Syncona.

Workspace rejects Saba's proposed wind-down plan

Fri 08 May 2026 10:51

(Sharecast News) - Workspace said on Friday that it has rejected a proposal by activist investor Saba Capital to wind down the company over a 12-month period to address the discount to net asset value.

Gulf Marine Services keeps outlook despite Q1 profit slump

Fri 08 May 2026 09:25

(Sharecast News) - Gulf Marine Services reported a 24% drop in operating profits over the first quarter after having to evacuate four of its vessels in the Gulf as a result of the Iran war, though the company still maintained its guidance for the full yea