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FTSE 100 Edges Higher as US-Iran Ceasefire Reports Ease Geopolitical Tensions

The FTSE 100 climbed 0.2% in Friday morning trade, rising to approximately 10,447 points after closing Thursday at 10,425.96, as reports of a potential US-Iran ceasefire extension lifted sentiment across global markets.

Asktraders News Team
Ocado Shares Surge After Asda Ecommerce Partnership

Ocado Group's (LON: OCDO) shares jumped sharply on Friday morning after the online grocery technology firm announced a major new partnership with Asda, one of the UK's largest supermarket chains.

Asktraders News Team
CMC Markets Earnings Preview: Raised Guidance and Share Price Surge Fuel Investor Optimism

CMC Markets (LSE: CMCX) heads into its full-year FY2026 results next week on 4 June, riding a tailwind of upgraded guidance and a share price recovery after a period of turbulence earlier in the year.

Asktraders News Team
Magnum Ice Cream Shares Have Surged in the Last Month. Here’s Why

Shares in The Magnum Ice Cream Company N.V. (LON: MICC) have rocketed more than 27% over the past month, fuelled by reports that heavyweight private equity firms are exploring a potential takeover of the world's largest ice c

Asktraders News Team
SSE Trades at Sector Discount Despite Strong Growth Outlook, Says Analyst

SSE (LON: SSE) delivered full-year results broadly in line with expectations, but the UK energy group's shares remain at a discount to the broader sector despite a strong growth outlook, which is a gap that Hargreaves Lansdow

Sam Boughedda
Costco Beats Q3 Estimates as Membership Strength Drives Double-Digit Sales Surge

Costco Wholesale (Nasdaq: COST) delivered a stronger-than-expected fiscal third quarter on Thursday, topping Wall Street's earnings and revenue forecasts on the back of robust membership growth and surging digital sales.

Asktraders News Team
Dell Shares Surge After Topping Q1 Estimates as AI Server Boom Drives Record Revenue

Dell Technologies (NYSE: DELL) delivered a blockbuster fiscal first-quarter earnings report Thursday, topping Wall Street expectations on every key metric, sending shares higher in post-market trading.

Asktraders News Team
Computacenter Shares Rise on US Federal Market Expansion with GAI Acquisition

Shares in Computacenter (LON: CCC) climbed on Thursday morning after the FTSE-listed technology services group announced the acquisition of Government Acquisitions Inc. (GAI), a specialist IT reseller focused on the US federa

Asktraders News Team
Defence Stocks BAE and Melrose Top FTSE 100 as US Launches Fresh Strikes on Iran

Shares in Britain's leading defence and aerospace companies jumped to the top of the FTSE 100 on Thursday morning as fresh US military strikes on Iran stoked demand for companies exposed to global defence spending.

Asktraders News Team
Schroders Stays Bullish on FTSE 100 as Energy Exposure Offsets Stagflation Fears

Schroders remains positive on UK equities despite a more challenging macroeconomic backdrop, arguing that the market's heavy weighting toward energy, materials and financials makes it an attractive diversifier as stagflationa

Sam Boughedda
Rolls-Royce Mounts Fresh Assault on 1,300p as Momentum Looks to Return After Consolidation

Rolls-Royce Holdings (LON: RR.) rose 2.85% to 1,297.2p on Tuesday, pushing firmly back toward the psychologically important 1,300p resistance level and the resistance at around 1,315p after a

Asktraders News Team
Snowflake Surges 30% After Hours as AI Momentum Drives Q1 Beat

Snowflake (NYSE: SNOW) shares rocketed more than 30% in after-hours trading on Wednesday after the cloud data company posted a strong first-quarter fiscal 2027 earnings report, smashing Wall Street's consensus estimates.

Asktraders News Team
Salesforce Shares Lower Despite Record Q1 Results as Agentforce AI ARR Tops $1.2 Billion

Salesforce (NYSE: CRM) shares edged around 1.4% lower in post-market trading on Wednesday after the enterprise software giant delivered a blockbuster fiscal first quarter, smashing earnings expectations and raising its full-y

Asktraders News Team
FTSE 100 Slips as Energy Price Cap Hike Drags on Utilities

London's blue-chip index edged lower on Wednesday morning, weighed down by a rise in Britain's household energy price cap and lingering geopolitical uncertainty, even as its mid-cap peer and continental counterparts p

Asktraders News Team
Pets at Home Shares Jump as Retail Turnaround Gains Traction

Shares in Pets at Home (LSE: PETS) surged more than 3% on Wednesday morning after the UK's leading pet care specialist published its full-year results, with investors encouraged by improving sales momentum and an upbeat outlo

Asktraders News Team
Infineon Shares Up 105% YTD but mwb Research Says It’s Time to Sell

Infineon Technologies (ETR: IFX) shares gained 1.1% on Tuesday, extending the year-to-date rally to 105.6%, even as mwb Research downgraded the German chipmaker to Sell from Hold, arguing that the stock's sharp re-rating has

Sam Boughedda
Salesforce Earnings Preview: What to Expect on

Salesforce (NYSE: CRM) will release what could be a pivotal earnings update for enterprise software when it reports Q1 FY2027 results after the bell on Wednesday. The compa

AskTraders Team
JD Sports Shares Jump — But Is the Long Decline Finally Over?

JD Sports Fashion (LON: JD.) rose 4.7% on Tuesday, extending a 14.4% rally over the past month. After years of painful losses from peak levels, investors are asking whether the tide is finally turning for the FTSE 100 sportsw

Asktraders News Team
Micron Smashes $1 Trillion Valuation After UBS Triples Price Target, Calling It an “AI-Native Infrastructure Giant”

Micron Technology (NASDAQ: MU) surged more than 21% on Tuesday, vaulting past a $1 trillion market capitalisation for the first time in its history, after UBS issued the most bullish call on Wall Street — more than tr

Asktraders News Team
BP Shares Tumble as Chairman Albert Manifold Ousted in Governance Scandal

BP (LON: BP.) shares slumped sharply on Tuesday after the oil major's board unanimously voted to remove chairman Albert Manifold with immediate effect, citing serious governance and conduct failings less than eight months int

Asktraders News Team
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