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FTSE 100 Nudges Higher as UK GDP Data Beats Expectations; 3i Group Shares Plunge

The FTSE 100 has edged up 0.1% on Thursday morning, building modestly on the positive momentum seen across European markets this week, after UK economic data came in stronger than expected.

Sam Boughedda
National Grid Shares Rise as Record Investment Drives Strong Full-Year Results

National Grid (LON: NG.) shares have climbed 2.2% on Thursday after the energy infrastructure giant reported record capital investment and robust earnings growth for the year ended 31 March 2026, underpinned by an ambitious f

Asktraders News Team
Aviva Shrugs Off Early Losses as Strong Q1 Results Highlight Diversified Model

Aviva (LON: AV.) shares recovered all of their initial early losses on Wednesday after the insurance giant reported robust first-quarter trading, with investors ultimately encouraged by strong growth across its general insura

Asktraders News Team
Burberry Shares Slide as Full-Year Results Show Recovery Underway But Revenue Still Falls

Luxury fashion house returns to comparable sales growth but revenue dips 2% in FY26 Burberry (LON: BRBY) shares fell sharply on Wednesday after the British luxury

Asktraders News Team
Frontier Developments Shares Offer Good Value After Guidance Upgrade, Analyst Says

Zeus Capital reiterated its Buy recommendation on Frontier Developments (LON: FDEV) with a 620 pence price target, arguing the UK video game developer's shares offer good value following a second guidance upgrade for its fisc

Sam Boughedda
Marvell Technology Hits New 52-Week High as Wall Street Lifts Price Targets on AI Optimism

Shares of Marvell Technology (NASDAQ: MRVL) surged to a new 52-week high on Wednesday, climbing more than 8% to $177.95, as bullish calls from Bank of America and Goldman Sachs underscored growing confidence in the chipmaker'

Asktraders News Team
Cisco Surges After Record Quarter Fuelled by AI Infrastructure Boom

Cisco Systems (NASDAQ: CSCO) shares rocketed 16.2% in after-hours trading on Wednesday after the networking giant delivered a record-breaking third quarter, comfortably beating Wall Street expectations on both revenue and ear

Asktraders News Team
FTSE 100 Rises as Trump’s Beijing Visit Lifts Sentiment

London's blue-chip index climbed on Wednesday, buoyed by optimism surrounding Donald Trump's high-stakes diplomatic visit to Beijing and a steadying in UK gilt markets after a turbulent week.

Asktraders News Team
TP ICAP’s Record Q1 Revenue Fuels Investor Confidence, Shares Climb

Shares in TP ICAP Group (LON: TCAP) pushed higher on Wednesday morning after the inter-dealer broker and financial markets infrastructure group reported a record first-quarter revenue performance, underscoring the strength of

Asktraders News Team
Babcock Shares Rise on Strong Underlying Results Despite £140m Type 31 Hit

Shares in Babcock International (LON: BAB) climbed 2.9% on Wednesday morning after the defence and engineering group delivered a broadly upbeat full-year trading update, though the stock remains firmly in negative territory,

Asktraders News Team
Vistry Shares Slide Again as Profit Warning and Debt Concerns Deepen Housing Woes

Vistry Group (LON: VTY) shares fell sharply on Wednesday, dropping 10.6% to extend what has become a punishing run for the FTSE 250 housebuilder. The stock has now decline

Asktraders News Team
Intertek Shares Surge as Board Backs £9.4bn EQT Takeover Proposal

Shares in Intertek Group (LON: ITRK) surged 6.8% on Wednesday morning, rising from a previous close of 5,300p to trade around 5,665p, after the FTSE 100 testing and certification giant signalled it would be minded to recommen

Asktraders News Team
Harbour Energy Shares ‘Attractive’ After Strong Q1 and Guidance Upgrade, Zeus Capital Says

Zeus Capital has maintained its Buy rating on Harbour Energy (LON: HBR) in a note on Tuesday, raising its price target to 322 pence from 320 pence after the oil and gas producer reported strong first-quarter operational perfo

Sam Boughedda
Rheinmetall Now a Buy After 40% Pullback From Peak, Says Analyst

mwb Research has upgraded Rheinmetall (ETR: RHM) to Buy from Hold, arguing that the German defense contractor's sharp share price decline has reset valuations to levels not seen in years and that the risks driving the selloff

Sam Boughedda
Applied Materials Earnings Preview: All Eyes on Guidance as AI and HBM Tailwinds Build

Applied Materials (NASDAQ: AMAT) is scheduled to release its fiscal second-quarter 2026 results after the bell on Thursday, May 14, with Wall Street expecting revenue of $7.69 billion and adjusted earnings per share of $2.68,

Asktraders News Team
FTSE 100 Falls as US-Iran Ceasefire on ‘Massive Life Support’; ITRK Shares Rise, Banking Stocks Fall

London's main index retreated on Monday morning, with the FTSE 100 down 0.5% as renewed fears over the US-Iran conflict unsettled investors. [stock_market_widget type="chart"

Sam Boughedda
Vodafone Shares Slip Despite Sales Rise and Strong Full-Year Results

Vodafone (LON: VOD) shares fell around 3.7% on Tuesday morning despite the telecoms giant posting a solid set of full-year results, with sales growth and both profit an

Asktraders News Team
Greggs Shares Rise as Sales Top £800m and Trading Momentum Builds

Greggs (LON: GRG) shares jumped 3.5% on Tuesday morning after the bakery chain reported accelerating sales growth and reaffirmed its full-year profit outlook, reassuring investors that its value-led proposition continues to r

Asktraders News Team
Cisco Q3 Earnings Preview: AI Orders Hit Milestone — Will Guidance Be Enough?

Cisco Systems (NASDAQ: CSCO) reports its fiscal third-quarter 2026 results on Wednesday, May 13, 2026, after market close. The quarter ended April 25, 202

Asktraders News Team
Alibaba Q4 Earnings Preview: Can Cloud and AI Reignite the Rally?

Alibaba Group (NYSE: BABA) is set to report its fiscal fourth-quarter and full-year 2026 results before the market opens on May 13, and investors will be watching closely after a turbulent stretch for the stock.

Asktraders News Team
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