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FTSE 100 Slides as Labour Crisis and Iran War Fears Hit Sentiment

The FTSE 100 has fallen sharply in Friday morning trading, dropping 1.2% to around 10,247 points, as a cocktail of domestic political turmoil and again escalating geopolitical risk sent investors heading for the exits.

Asktraders News Team
Grafton Group Shares Slide Despite ‘Resilient Trading’

Shares in Grafton Group (LSE: GFTU) fell 2.35% on Thursday, dropping 19.6p to 812.7p, after the European building materials distributor issued a trading update that highlighted deteriorating conditions in its Great Britain bu

Asktraders News Team
Centrica Shares Slide as British Gas Faces Hit Over Prepayment Meter Scandal

Centrica (LON: CNA) shares fell on Friday after the British Gas owner announced a package of financial penalties and compensation measures totalling up to £90 million linked to its controversial use of warrant-based prepaymen

Asktraders News Team
Home Depot Earnings Preview: What Investors Need to Know

Home Depot (NYSE: HD) steps into the earnings spotlight on Tuesday, May 19, releasing its first-quarter fiscal 2026 results before the market open against a backdrop of a depressed share price and persistent housing market he

Asktraders News Team
TP ICAP Downgraded as Analyst Says 30% Rally Leaves Limited Upside

Cavendish has cut its rating on TP ICAP (LON: TCAP) to Hold from Buy, citing the firm's strong share price performance since initiation. [stock_market_widget type="chart" tem

Sam Boughedda
Applied Materials Surges in After-Hours Trading After Record Quarter Smashes Estimates

Applied Materials (NASDAQ: AMAT) shares climbed around 1.7% in post-market trading on Wednesday after the semiconductor equipment giant delivered a record-breaking second quarter that comfortably exceeded Wall Street expectat

Asktraders News Team
JD.com Price Targets Lifted Across Wall Street After Strong Q1 Results

A raft of Wall Street analysts raised their price targets on JD.com (NASDAQ: JD) following the Chinese e-commerce giant's first-quarter results, which beat expectations on both the top and bottom lines and sent shares surging

Asktraders News Team
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
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