Tuesday, 20 October 2026
- SpaceX jumps 5% after hours as Super Intelligence becomes the company's biggest business
SpaceX shares jumped 5% after hours on a blowout third quarter, with Dan Ives at Yorkville Ives saying Super Intelligence has become the company's largest…
- Netflix shares sink 6% . One step forward, two steps back?
Netflix shares are down 6% after hours, and Yorkville analyst and Wall Street's tech bull Dan Ives captured the mood: the subscriptions moved forward, the…
- SpaceX jumps after hours as AI revenue surges and profits smash estimates
SpaceX blew past Wall Street's expectations in the third quarter, with revenue more than doubling to $14.58 billion against forecasts of $12.72 billion.
- Netflix forecasts weaker-than-expected fourth quarter
Netflix Inc (NASDAQ:NFLX, XETRA:NFC) on Tuesday forecast fourth-quarter revenue and profit below Wall Street estimates and trimmed its full-year cash flow…
- SpaceX tops quarterly revenue estimates as AI unit surges
SpaceX Corp (NASDAQ:SPCX) reported third-quarter revenue of $14.58 billion on Tuesday, up 161% from a year earlier and ahead of analyst estimates of $12.87…
- Netflix falls 5% after hours on weak guidance and ad revenue miss
Netflix beat third-quarter estimates on both revenue and earnings, but investors sold the stock anyway.
- Apple faces gross margin pressure as UBS flags slowing iPhone growth ahead of earnings
Apple Inc (NASDAQ:AAPL, XETRA:APC) is expected to deliver September-quarter revenue broadly in line with forecasts, but rising component costs and slowing…
- Schmidt's Anthropic bet could be worth $20B at IPO, Meta pushes app-store age checks, Google, Apple, Amazon - Big Tech Report Update
Former Google CEO Eric Schmidt holds roughly a 1% stake in Anthropic that could be worth as much as $20 billion when the AI company goes public, Bloomberg…
- Qualcomm plans global layoffs as smartphone demand slows
Qualcomm plans to cut jobs globally starting in November, aiming to strengthen performance as smartphone demand softens, according to Benzinga.
- Spotify brings in a 'slop mop' clean up 50m tracks
Spotify has removed more than 50 million AI-generated "slop" and spam tracks from its recommendations this year, marking one year since it outlined a strategy…
- Schmidt's early Anthropic bet nears $20bn on paper ahead of IPO
Eric Schmidt's early bet on Anthropic, the AI company behind the Claude chatbot, could be worth as much as $20 billion when the startup goes public, Bloomberg…
- Palo Alto down after VPN flaw admission
Shares in Palo Alto Networks, the Santa Clara-based cybersecurity vendor, fell 1.6% after it revealed ransomware operators have escalated exploitation of a…
- Meta's Muse joins rare club of 10 million download apps
Meta's AI companion app, Muse, has reached 10 million U.S. downloads within its first 40 days on the market, according to data from market intelligence…
- Ocado has 50% upside, says JP Morgan as price target jumps to 460p
Ocado Group PLC (LSE:OCDO), the online grocery technology group, has about 50% share-price upside, according to JP Morgan, which raised its price target to…
- Citi sees 46% upside for Big Yellow as two activists press for a sale
Citi, the investment bank, has reiterated a 'buy' rating on Big Yellow Group PLC (LSE:BYG), the self-storage group, with a target price of £13.19, implying 46%…
- National Grid faces scrutiny over £31bn transmission plan as UBS sticks with 'sell' rating
National Grid PLC (LSE:NG.), the energy network operator, is expected to report a record first-half operating profit, but UBS has maintained its 'sell' rating…
- UBS says early flu pick-up could lift 2027 earnings at Reckitt and Haleon
UBS, the Swiss investment bank, says an early rise in flu incidence could lift 2027 earnings forecasts for Reckitt Benckiser Group PLC (LSE:RKT, OTCQX:RBGLY)…
- Leading bank remains a seller ahead of results - here's why
UBS has kept a 'sell' rating on National Grid, the FTSE 100 electricity and gas network operator, ahead of its half-year results on 5 November, setting a price…
- Nasdaq claws back losses as chip stocks spring a bear trap
The Nasdaq Composite erased an early decline to trade up 0.46% on Tuesday, with the broader market in better shape as earnings season shifted focus away from…
- Royal Road Minerals reports promising surface gold results at El Alemán
Royal Road Minerals Ltd (TSX-V:RYR, OTC:RRDMF, FRA:RLU) has uncovered a broad gold-bearing vein system at surface in Colombia, with new sampling results…
- Jefferies puts AstraZeneca kidney drug trial success odds at 59%
Jefferies, the investment bank, estimates a 59% probability that AstraZeneca PLC (LSE:AZN, NYSE:AZN)’s zibotentan succeeds in the phase 3 ZENITH-HP kidney…
- Plus500 retains 'buy' rating from Panmure Liberum after Brazil acquisition
Plus500 Ltd (LSE:PLUS)’s acquisition of Brazilian broker-dealer Guru gives the fintech group a direct regulated foothold in one of the world’s largest…
- Jio Platforms' record IPO launches amid Ambani-Musk rivalry
Jio Platforms, the digital arm of Mukesh Ambani's Reliance Industries, launches its initial public offering on Wednesday, marking India's largest-ever stock…
- Intel seeks FCC waiver for foreign fab robots, Google Cloud outage disrupts UK services, Nvidia, Google, Reddit - Big Tech Report
Jio Platforms, the digital arm of Mukesh Ambani's Reliance Industries, launches its initial public offering on Wednesday, targeting a valuation of more than…
- Chinese tech giants order $35 billion of Nvidia workstation chips
ByteDance, Alibaba and Tencent have placed orders worth over $35 billion for Nvidia's RTX PRO 5500 graphics cards, according to Reuters, as Chinese technology…
- Nasdaq futures slip as AI jitters and $110 oil weigh on tech
Nasdaq-100 futures are down around 0.5% ahead of Tuesday's open, near 29,520.
- James Halstead target price slashed to 145p as recovery takes longer
Panmure Liberum has cut its target price for James Halstead PLC (AIM:JHD), the UK commercial flooring manufacturer, to 145p from 320p, as a recovery in the…
- Rightmove downgraded to 'hold' as Panmure Liberum warns of tougher 2027
Rightmove PLC (LSE:RMV), the UK property listings website, has been downgraded to 'hold' from 'buy' by Panmure Liberum, which cut its price target to 545p from…
- Cavendish backs Optima Health after interim update shows 60% revenue growth and lower debt
Cavendish rates Optima Health PLC (AIM:OPT, OTC:OHLTF, FRA:J3N), the occupational health provider, a 'buy' with a target price of 302p after a trading update…
- Google Cloud outage takes down Revolut and hits wave of UK websites
A Google Cloud outage is causing widespread disruption across the UK, knocking out Revolut's banking app and card payment services and affecting a string of…
- Panmure Liberum downgrades YouGov to hold as stock rally catches up with peers
Panmure Liberum has cut its recommendation on YouGov, the data and market research group, from 'buy' to 'hold', arguing the share price has risen far enough to…
- Wishbone Gold hits wide gold and copper zones at Telfer-adjacent Red Setter
Wishbone Gold PLC (AIM:WSBN, AQSE:WSBN) says drilling at its Red Setter project in Western Australia is turning up wide zones of gold and copper…
- Gear4music shares fall 10% as warehouse costs weigh on first-half earnings
Gear4music Holdings PLC (AIM:G4M) shares fell as much as 10% to an intraday low of 210p after the online musical instruments retailer reported lower first-half…
- Google Cloud outage hits banks and businesses across the UK
A Google Cloud outage has knocked out services at a string of UK banks and businesses, with the tech giant saying its engineering team is working to fix the…
- Ondine Biomedical fundraise gives runway into 2028 as NDA submission moves closer
Peel Hunt said Ondine Biomedical Inc's (AIM:OBI, OTC:OBIMF) completed £10 million fundraise provides the cash runway needed to reach a key US regulatory…
- SpaceX and Netflix headline packed evening for tech earnings
SpaceX, the AI, rocket and satellite company that listed on the Nasdaq in June, posts its third-quarter 2026 results after the US market close tonight, with a…
- JPMorgan says global banks well insulated from CoreWeave debt crisis
JPMorgan has told clients that global banks are well insulated from CoreWeave's deepening debt crisis, arguing their exposure runs through secured vehicles…
- James Cropper shares jump over 8% as full-year profit outlook beats expectations
James Cropper plc (AIM:CRPR) shares rose over 8% to 760p on Tuesday morning after the advanced materials and paper products group said it expected full-year…
- FTSE 100 LIVE: London shares drift lower as Asian tech jitters spread Update
The FTSE 100 is down around 60 points in morning trading, adding to Monday's triple-digit loss, as banks continue to weigh and rising energy prices unsettle…
- Ocado offers 50% upside with catalysts building, says JP Morgan
JP Morgan has reiterated its overweight rating on Ocado and raised its price target to 460p from 290p, arguing the online grocery technology group still offers…
- IXICO shares jump 19% as revenue growth and order book strengthen
IXICO PLC (LSE:IXI, OTC:PHYOF, FRA:PYPB), the medical imaging and data analytics provider focused on central nervous system conditions, rose over 19% to 9.25p…
- Global banks' CoreWeave exposure well-managed despite debt fears, says JP Morgan
Global banks have well-secured exposure to CoreWeave, the AI cloud company whose debt has come under heavy market pressure, according to JP Morgan analyst Kian…
- Rightmove faces rare double headwind in 2027 as broker cuts recommendation
Panmure Liberum has downgraded Rightmove to Hold from Buy and cut its target price to 545 pence from 585 pence, warning that 2027 is shaping up to be a…
- XP Power reports record orders as revenue momentum improves
XP Power Ltd (LSE:XPP) expects its 2027 financial year performance to be slightly ahead of market expectations after record third-quarter order intake and…
- Genuit shares fall 14% after profit warning as warm weather hits sales
Genuit Group PLC (LSE:GEN), the supplier of water and climate products, fell over 14% to 248.40p on Tuesday morning after cutting its profit forecast, citing…
- Wickes shares jump 6% after sharp retail improvement; Jefferies retains 'buy'
Wickes Group PLC (LSE:WIX) shares jumped as much as 6% to 228p on Tuesday after third-quarter retail sales accelerated sharply and the home improvement group…
- MARKETS LIVE: Industrials and miners drag London lower as defensives rise Update
London’s decline gathered pace during morning trading as losses among industrial, mining and technology shares outweighed gains across defensive sectors.
- Bunzl shares fall 5% after trading update as Jefferies flags softer second-half margin
Bunzl PLC (LSE:BNZL) shares fell as much as 5% to an intraday low of 2,678p on Tuesday after the distribution group reiterated its full-year guidance despite…
- FTSE 100 LIVE: London shares lower as Asian tech jitters spread Update
As expected, the wobbles in Asia fanned out to London, sending the FTSE 100 down 51 points.
- Galliford Try lands new contracts on Government framework
Galliford Try Holdings PLC (LSE:GFRD, FRA:3WC) told investors it has secured a place on a £5 billion public-sector construction framework, opening up…
- Cornish Metals announces £135m funding as South Crofty mine advances toward production
Cornish Metals PLC (AIM:TIN) has launched a proposed £135 million fundraising to advance its South Crofty tin mine in Cornwall towards first production in…
- UK unemployment falls as payrolls stabilise; Deutsche Bank sees November rate hike
UK unemployment fell to 5% in the three months to August as payroll employment returned to growth, adding to signs that the labour market may be stabilising.
- MARKETS LIVE: London opens lower despite strong unemployment figures Update
The FTSE 100 fell 19 points, or 0.2%, to 10,746 shortly after the open, while the FTSE 250 lost 55 points to 24,324 and the AIM All-Share declined 0.3%.
- Quantum Helium confirms stronger ytd for its oil operations
Quantum Helium Ltd (AIM:QHE) told investors it has generated more oil revenue in the first nine months of 2026 than during the whole of last year, providing a…
- Rockfire Resources sees highest zinc grade to date from Molaoi project
Rockfire Resources PLC (LSE:ROCK) has reported its highest-ever zinc grade from laboratory drilling results at its Molaoi project in Greece, with one interval…
- ACG Metals reveals major upgrade to Gediktepe mine estimates
ACG Metals Ltd (LSE:ACG, OTC:ACGAF) has published an updated technical report for its Gediktepe mine, confirming a post-tax valuation of approximately US$1.2…
- Gulf Keystone Petroleum to merge with neighboring producer ShaMaran
Gulf Keystone Petroleum Limited (LSE:GKP) has announced a deal, an all-share merger, with ShaMaran Petroleum, creating an oil producer valued at more than $1…
- Falling unemployment boosts Chancellor's Budget hand, but rate rise risk grows
Chancellor John Healey has received a boost ahead of next week's Budget after UK unemployment fell to its lowest level since July last year, though the data…
- GBG reports 4.5% growth in core segments as Americas weakness weighs
GB Group PLC (LSE:GBG), the identity and location technology company, expects first-half revenue to rise 1.4% on a constant currency basis to £139.5 million…
- Ondine Biomedical raises £10m for international commercial expansion
Ondine Biomedical Inc (AIM:OBI, OTC:OBIMF) has raised £10 million through a placing and subscription, securing funding to support international commercial…
- IXICO expects 28% revenue growth as orders accelerate
IXICO PLC (LSE:IXI, OTC:PHYOF, FRA:PYPB), the neuroscience imaging and biomarker analytics company, expects annual revenue to rise 28% to £8.3 million…
- Optima Health revenue rises 60% after PAM Healthcare acquisition
Optima Health PLC (AIM:OPT, OTC:OHLTF, FRA:J3N), the occupational health and wellbeing services provider, expects first-half revenue to rise 60% to £96…
- GBG full-year outlook in line with expectations despite Americas Identity setback
GB Group, the global identity and location technology business, says its full-year outlook remains in line with market expectations, with revenue growth of…
- Brave Bison System1 bid short of halfway with deadline a week away
Brave Bison, the digital media group, has received acceptances covering just 35.2% of System1's shares as its takeover offer enters its final week.
- Anglo American keeps 2026 guidance despite 5% fall in copper production
Anglo American PLC (LSE:AAL) maintained its 2026 production guidance after third-quarter copper output fell 5% year on year as extreme winter weather in Chile…
- Plus500 agrees Brazil acquisition as Latin America expansion accelerates
Plus500 Ltd (LSE:PLUS) has agreed to acquire Brazilian broker-dealer Guru Corretora de Títulos e Valores Mobiliários, giving the trading platform operator a…
- Wickes third-quarter revenue rises almost 5% as retail growth accelerates
Wickes Group PLC (LSE:WIX) reported a near 5% rise in third-quarter revenue to £439 million as stronger volumes across its retail business kept the home…
- Bunzl reiterates 2026 guidance after 4% underlying revenue growth
Bunzl PLC (LSE:BNZL) reiterated its full-year guidance after underlying revenue rose 4% in the third quarter, supported by inflation and continued volume…
- XP Power sees 2027 ahead of expectations as record orders roll in
XP Power, the FTSE 250 power control solutions manufacturer, says 2027 is shaping up slightly ahead of market expectations, buoyed by record order intake and…
- Plus500 snaps up Brazilian broker-dealer Guru in latest Latin America push
Plus500, the FTSE 250 fintech group, has agreed to acquire Guru Corretora de Títulos e Valores Mobiliários, a regulated broker-dealer in Brazil, as it…
- Wickes on track for 10% profit growth as retail sales surge
Wickes, the home improvement retailer, says it is on track to meet market forecasts for a 10% rise in full-year adjusted pre-tax profit, after third-quarter…
- Bunzl reiterates full-year guidance as underlying growth holds steady
Bunzl, the FTSE 100 international distribution and services group, has reiterated its full-year outlook after delivering what it described as a good underlying…
- Anglo American on track for Teck merger as China clears final hurdle
Anglo American said its merger with Teck Resources to form a copper-focused global metals and minerals champion is progressing, with China's antitrust approval…
- MARKETS LIVE: London set to extend losses as Asian technology rout deepens
London stocks are set to extend Monday’s retreat as a deepening sell-off in Asian technology shares overshadows an overnight rebound on Wall Street.
- FTSE 100 LIVE: London shares called lower as Asian tech jitters spread
The FTSE 100 is expected to open 56 points lower on Tuesday after technology stocks led sharp losses across Asian markets, with chip giants bearing the brunt…
- Asian markets mostly lower as Korean chip rout deepens and ASX pares losses
Asian markets were mostly lower on Tuesday as renewed pressure on semiconductor and artificial intelligence stocks outweighed an overnight rebound on Wall…
- BHP lays groundwork for major Olympic Dam block cave expansion
BHP Group Ltd (LSE:BHP, ASX:BHP) is laying the groundwork for a major multi-billion-dollar underground expansion at Olympic Dam in South Australia, with a…