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The Market Wire

Friday, 23 October 2026

  1. Sigma Lithium extends debt runway as restart gathers pace

    Sigma Lithium Corp (TSX-V:SGML, NASDAQ:SGML, ASX:SAU) has agreed with Synergy Capital to push back the maturity of its US$100 million senior secured debt by…

  2. Rentokil's price target raised by UBS as North America shows signs of stabilising

    Rentokil Initial PLC (LSE:RTO) has had its price target raised by UBS after third-quarter trading showed better-than-expected stability in its key North…

  3. UBS maintains attractive view on global equities as AI spending supports earnings

    UBS has maintained its "attractive' view on global equities, arguing that resilient growth, solid earnings and accelerating artificial intelligence (AI)…

  4. Intel's Arizona tool installation seen easing Xeon supply strain

    Intel, the American semiconductor giant, has begun fitting out a new chip factory in Arizona, a milestone that Wall Street views as a positive sign for the…

  5. Could Metals One deal trigger a rerating? Broker takes a deep dive

    A broker has set a punchy 6.1p price target for shares in Metals One PLC (AIM:MET1, FRA:HT7, OTCQB:MTOPF) after it unveiled plans to take full ownership of…

  6. Telegraph cuts 100 jobs in pivot to AI-powered media

    The Daily Telegraph has cut around 100 jobs after its new owner told staff the newspaper will be rebuilt as a "global, AI-powered premium media and…

  7. Tech layoffs accelerate past 190,000 for 2026

    Tech layoffs have topped 190,000 so far this year, with less than three months left on the clock, according to career website TrueUp.

  8. Security firm finds banned Nvidia chips on China Telecom network

    Lava, an Israeli security firm, says it has identified 32 Nvidia Blackwell Ultra B300 chips on network infrastructure associated with China Telecom, a…

  9. SMALL-CAP MOVERS: From the Rockies to Cornwall. The stories keeping AIM ticking as the sell-off bites

    Imagine a battery that swaps scarce metals for sulfur, one of the cheapest and most plentiful materials on earth.

  10. SpaceX Starlink restrictions grounded Ukrainian drones, Apple outperforms shrinking PC market, Nvidia, Apple - Big Tech Report

    On 13 October, Ukrainian drones began losing connection and falling from the sky after SpaceX imposed new restrictions on the Starlink satellite links that…

  11. iPhone Duo pre-orders beat Apple's expectations

    Apple's iPhone Duo has drawn more pre-orders than the company expected in several major markets, according to DigiTimes.

  12. Uber extends ChatGPT Work to entire global workforce

    Uber has rolled out OpenAI's ChatGPT Work to more than 30,000 employees globally, expanding a pilot that began with 1,000 employees.

  13. BP valuation discount offers opportunity ahead of results, says Citi

    BP PLC (LSE:BP.)’s substantial valuation discount to major oil peers offers an opportunity for investors ahead of its third-quarter results, according to Citi…

  14. Aviva price target raised by RBC despite Canada insurance hit

    Aviva PLC (LSE:AV.) has had its price target raised by RBC Capital Markets despite the broker cutting near-term earnings forecasts because of higher…

  15. Bank results land in Budget week as surcharge fears grow

    HSBC, Standard Chartered, Lloyds and NatWest report third-quarter numbers as fears grow of a bank tax rise in the Budget

  16. Oxford BioMedica’s AI tools could cut development time by 80%, Jefferies says

    Oxford BioMedica PLC (LSE:OXB), the cell and gene therapy manufacturer, could improve development efficiency through artificial intelligence and automation…

  17. Barclays remains a buy for UBS and RBC despite third-quarter earnings miss

    Barclays PLC (LSE:BARC), the UK banking group, retains support from UBS and RBC Capital Markets after its third-quarter results fell short of market…

  18. MARKETS LIVE: Wall Street ends volatile week lower as oil hits six-month high

    Wall Street ended a volatile week on a sour note on Friday, with the Dow Jones Industrial Average tumbling 653 points as selling spread beyond technology…

  19. IG Group wins bullish broker backing, but questions remain over revenue growth

    IG Group Holdings Plc (LSE:IGG), the online trading platform operator, has received contrasting levels of optimism from Panmure Liberum and Peel Hunt following…

  20. Litigation Capital Management shares fall 40% after termination notice on collective action funding agreement

    Shares in Litigation Capital Management Ltd (AIM:LIT), the dispute financing specialist, fell over 40% to 0.301p, after a funded party served notice seeking to…

  21. LSEG’s Octus deal wins broker backing as analysts see room for further gains

    London Stock Exchange Group PLC (LSE:LSEG), the financial markets and data provider, has won support from Citi, JP Morgan and RBC Capital Markets after…

  22. Petra Diamonds shares fall 26% as audit delay puts trading suspension on the cards

    Shares in Petra Diamonds Limited (LSE:PDL, OTC:PDLMF), the diamond miner, fell 26% to 2.6p on Friday morning, after it said delays to its audit mean it will…

  23. Jefferies keeps 'buy' on Oxford BioMedica with 57% upside after management briefing

    Jefferies has reiterated its 'buy' rating on Oxford BioMedica with a £8.27 price target, 57% above Thursday's closing price of £5.27.

  24. Barclays posts third-quarter miss driven by trading desk weakness but brokers back the stock

    Barclays delivered a disappointing third quarter on Thursday, missing profit forecasts.

  25. Huddled shares rise 14% as it agrees to buy Whatnot joint venture partner AEWW

    Shares in Huddled Group PLC (AIM:HUD, FRA:6XK), the live-commerce company, rose 14% to 0.825p on Friday, after it agreed to buy AEWW, its joint venture partner…

  26. UBS keeps Attractive rating on global equities as AI drives earnings growth

    Markets have shrugged off rising bond yields, higher energy prices, and geopolitical uncertainty to keep climbing, according to a new note from UBS, the Swiss…

  27. Catenai shares fall 37% after administrator application filed against borrower Klarian

    Catenai PLC (AIM:CTEA), the digital media and technology services provider, fell 37% to 0.06p on Friday morning, after an application was filed to appoint an…

  28. Boohoo Group shares jump 6% as Panmure Liberum backs strong interim results

    Boohoo Group PLC (AIM:DEBS), trading as Debenhams Group PLC, jumped as much as 6% to 26.5p on Friday after strong interim results prompted Panmure Liberum to…

  29. Bezant Resources raises £4m for Hope and Gorob expansion

    Bezant Resources PLC (AIM:BZT) has secured a £4 million financing facility to support the expansion of its Hope and Gorob copper project in Namibia, where…

  30. Fintel buys Mortgage Brain for £38.4m to boost software and AI capabilities

    Fintel, the AIM-quoted provider of technology and data services to the UK financial services sector, has acquired the remaining equity of Mortgage Brain…

  31. Smarter Web Company adds 20 Bitcoin to treasury at £61,733 apiece

    The Smarter Web Company, a digital services and Bitcoin treasury business, has purchased a further 20 Bitcoin for £1.23 million as part of its long-term…

  32. Helical lets floorspace at Brettenham House to FGS Global and expects £15.5 million from Southwark

    Helical (LSE:HLCL), the London office developer, has exchanged an agreement for lease with FGS Global for 23,887 sq ft across three floors at Brettenham House…

  33. Robinson cuts profit expectations as weaker UK demand weighs

    Robinson PLC (AIM:RBN) has cut its profit expectations for 2026 after weaker-than-anticipated demand in its UK paperboard and plastics businesses.

  34. Halo Minerals lands permit for Playa Verde copper project

    Halo Minerals PLC (AIM:HALO) told investors that it has cleared another regulatory hurdle at its Playa Verde copper project in northern Chile, securing a…

  35. Unite agrees £40.7 million sale of London academy school to cut debt

    Unite Group PLC (LSE:UTG), the UK’s largest student accommodation owner, has exchanged contracts to sell the academy school at its Hawthorne House development…

  36. Rio Tinto commits $1.9 billion to Queensland bauxite expansion

    Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) will invest $1.9 billion to develop the Kangwinan bauxite project in Queensland, extending the life of its Weipa…

  37. Helical secures major letting at Brettenham House as development pipeline advances

    Helical, the London office developer, has exchanged an agreement for lease with communications firm FGS Global for 23,887 square feet across three floors of…

  38. Unite Group sells academy school for £41m

    Unite Group, the UK's largest owner and developer of student accommodation, has exchanged contracts to sell an academy school at its Hawthorne House…

  39. Evoke revenue falls 7% to £406m as shop closures and customer-friendly results weigh

    Evoke PLC (LSE:EVOK), the owner of the William Hill, 888 and Mr Green brands, said third-quarter revenue fell 7% to £406 million, partly because of around 270…

  40. Debenhams Group eyes £100m profit as turnaround gathers pace

    Debenhams Group, the online fashion retailer formerly known as boohoo, has set its sights on delivering more than £100 million in annual profit before tax as…

  41. Rio Tinto to invest $1.9bn in Queensland bauxite project

    Rio Tinto, the mining giant, is to invest $1.9 billion to develop the Kangwinan bauxite project on the Western Cape York Peninsula in Queensland, Australia.

  42. Ondine Biomedical says Canadian hospital findings reinforces Steriwave's point of care value - UPDATE

    Ondine Biomedical Inc (AIM:OBI, OTC:OBIMF) has reported a 51.5% reduction in surgical-site infections at Canada's largest cardiac centre following the…

  43. Boohoo Group returns to profit as turnaround gathers pace

    Boohoo Group PLC (AIM:DEBS), trading as Debenhams Group PLC, returned to profit in the first half as its turnaround gained pace, supported by improving sales…

  44. FTSE 100 LIVE: London shares fall as Wall Street's AI sell-off continues

    The FTSE 100 fell 64 points on Friday as a second day of AI-driven anxiety on Wall Street kept risk appetite in check on both sides of the Atlantic.