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UK Stock News

Deutsche Bank Downgrades Sainsbury’s to Hold

Deutsche Bank has cut Sainsbury’s to hold from buy and trimmed its price target, saying it has less faith in the grocer’s volume outperformance days after the company…

US Stock News

Oracle Widens AI Chip Choice on Cloud

Oracle says its cloud will scale Nvidia’s Vera Rubin AI systems to multi-gigawatt size and become the first big cloud outside Google to offer Google’s TPU chips, as…

US Stock News

SoFi Surges as Lending Boom Lifts 2027 Outlook

Record personal and student loan originations lifted lending revenue 68%, and a first 2027 outlook landed well above analyst forecasts, giving a heavily sold-off stock a sharp reprieve.

US Stock News

Boeing Sinks on Wider Loss, Slower 737 Ramp

Boeing’s shares dropped sharply after third-quarter results showed a wider core loss than expected and a slower 737 Max build-up, pushing back the point at which its record…

US Stock News

PayPal Lifts Profit Guidance Despite Revenue Miss

PayPal beat third-quarter profit forecasts and raised its full-year earnings guidance, but revenue missed and the shares have barely moved, leaving the quarter a story about margins rather…

UK Stock News

S&U Secures Up to £600m in Funding

S&U has replaced its £330m of lending lines with two new securitisation facilities of up to £600m. The chairman says the funding underpins a plan to nearly double…

UK Stock News

Shearwater Lifts Revenue on Services Renewals

Shearwater’s annualised revenue rose 34% as big Services contract renewals outweighed a shrinking Software arm, but cash collected lagged profit and the shares were lower in early trading.

UK Stock News

Alumasc Order Book Jumps 67%

Alumasc, the UK building products supplier, says first-quarter revenue grew 10% and its order book is 67% larger than a year ago, with full-year expectations unchanged despite weak…

UK Stock News

Severn Trent CFO Leaves for Vistry

Severn Trent’s finance chief Helen Miles is leaving after 12 years to become chief financial officer of Vistry. She will serve a 12-month notice period while the water…

UK Stock News

Shoe Zone Slips to Loss as Sales Fall

Shoe Zone has slipped to an adjusted loss for the year to early October as sales fell 4.5%, and it warns that a slow start to autumn trading…

UK Stock News

Vistry Names Severn Trent’s Helen Miles CFO

Vistry has chosen Severn Trent finance chief Helen Miles as its next CFO, though she is not due to arrive until 2027. Robert Allen, formerly of The Crown…

US Stock News

Celestica Soars on $40bn 2027 Outlook

Celestica beat its own third-quarter guidance, raised its 2026 outlook and issued a first 2027 forecast of $40.0bn in revenue, sending its shares sharply higher after hours from…

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