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The Market Wire

Thursday, 29 October 2026

  1. Krakatoa Resources advances Zopkhito toward maiden JORC resource after high-grade antimony-gold results

    Krakatoa Resources Ltd (ASX:KTA) has strengthened the case for its Zopkhito Antimony-Gold Project in Georgia after a September quarter marked by high-grade…

  2. Amazon shares fall as weaker Q4 outlook offsets 39% AWS growth

    Amazon.com Inc (NASDAQ:AMZN) shares fell around 6% on Thursday evening after the e-commerce and cloud computing giant issued fourth-quarter guidance that fell…

  3. Intel shares plunge 16% as weak fourth-quarter forecast overshadows earnings beat

    Intel Corp (NASDAQ:INTC, XETRA:INL) shares plunged 16% on Thursday evening after the chipmaker issued a weaker-than-expected fourth-quarter outlook…

  4. Wall Street is punishing AI spending... and Amazon is the latest to feel it

    Amazon earned $1.89 a share against forecasts of $1.96 to $1.97, on revenue of $201.9 billion against the $202.2 billion expected.

  5. Nasdaq falls 1.6% as Alphabet's AI spending worries spread across the tech sector

    The Nasdaq fell 1.6% on Thursday as a sell-off in Alphabet, the Google parent, spread through chipmakers, software and the wider market.

  6. Kalshi raises $1 billion as valuation surges to $40 billion

    Kalshi, the New York-based event-contract exchange, has raised $1 billion in a funding round that values the company at $40 billion.

  7. HubSpot faces narrower growth beat and possible guidance cut, BofA says

    HubSpot (NYSE:HUBS), the customer relationship management platform, is likely to deliver a smaller-than-usual beat against its third-quarter constant currency…

  8. Sigma Lithium bets on lower costs and Brazil’s industrial future

    Sigma Lithium Corp (TSX-V:SGML, NASDAQ:SGML, ASX:SAU) wants to be more than a low-cost lithium oxide concentrate producer.

  9. Jensen Huang reportedly surveilled over suspected Chinese intelligence contact

    American officials concluded that Nvidia chief executive Jensen Huang had a "close relationship" with a Chinese businesswoman suspected of sharing intelligence…

  10. Cohere nears $5 billion Series E at sharp valuation jump

    Cohere, the Toronto-founded company that builds large language models and enterprise AI tools for governments and regulated businesses, has reached the initial…

  11. Marvell shares slide on report of Lumentum takeover talks

    Marvell Technology shares fell 11% after Bloomberg reported the chipmaker is in advanced talks to acquire Lumentum, potentially in an all-stock transaction…

  12. Ex-Tesla Autopilot chief slams camera-only driving as faith, not physics

    Sterling Anderson, GM's chief product officer, has delivered the bluntest rebuke yet of Tesla's camera-only approach to self-driving system.

  13. Intel leak points to stripped-down Moon Lake chip for 2028

    Intel is reportedly developing an entry-level processor family codenamed Moon Lake, according to a leak reported by TweakTown and attributed to hardware leaker…

  14. Unilever’s strong volume growth fails to convince UBS as margin pressures mount

    UBS has maintained a 'sell' rating on Unilever PLC (LSE:ULVR), the consumer goods group, with a 4,390p price target as emerging market volume growth faces…

  15. Forget the fuss: Microsoft's results were robust, so is today's dip a buying opportunity?

    Shares in Microsoft were down 1% on Thursday, caught in the sell-off that followed Alphabet's shock third-quarter update, even though its own first-quarter…

  16. Mistral AI releases Large 4 model for cybersecurity defenders

    Mistral AI, the French artificial intelligence startup, released its Large 4 model to the public on Thursday.

  17. ServiceNow shares plunge on earnings-driven AI fears

    ServiceNow shares sank 24% on Thursday, putting the enterprise cloud software company on course for its worst trading day on record.

  18. Mintive raises seed round backed by Karpathy and Jeff Dean

    Mintive, an early-stage startup building identity and governance infrastructure for enterprise AI agents, has raised $11 million total, including a newly…

  19. Nvidia opens up multilingual voice transcription model

    Nvidia has released Nemotron 3.5 Transcribe, a free, open-weight model that transcribes audio in up to 40 languages and translates 31 of them to and from…

  20. Startup &Truth launches with $70 million to automate proving code is bug-free

    &Truth, a startup that aims to verify code in any programming language, launched publicly on Thursday with $70 million of funding.

  21. Alphabet shares down 12% after Search slowdown triggers sell-off

    The fall has wiped about $420 billion off the company's value.

  22. Persimmon and MJ Gleeson stand to gain from new government housing scheme, says Panmure Liberum

    Persimmon PLC (LSE:PSN) and MJ Gleeson (LSE:GLE) are among the housebuilders best positioned to benefit from the Government’s Your First Home scheme, which…

  23. Rank Group faces broker forecast cuts as machine duty rises

    Rank Group PLC (LSE:RNK) faces earnings forecast cuts from Shore Capital and Peel Hunt after a rise in Machine Games Duty, although both brokers remain…

  24. St James's Place shares fall 4% as net inflows miss forecasts by 35%

    St James's Place were down 4% in mid-afternoon trading after third-quarter net inflows fell well short of forecasts.

  25. UK banks face up to 4% profit hit from Budget tax rise, RBC warns

    UK banks could face a hit of up to 4% to profitability in financial year 2027 from the government’s decision to double the Banking Surcharge, RBC Capital…

  26. Shell lifts buyback to $5 billion as Jefferies weighs payouts

    Shell PLC (LSE:SHEL, NYSE:SHEL) beat third-quarter earnings forecasts and increased its buyback to $5 billion, while Jefferies retained its 'buy' rating and…

  27. Vodafone shares face downside after 35% squeeze, warns JPMorgan

    JPMorgan has warned that Vodafone Group PLC (LSE:VOD), the UK-listed telecommunications group, faces downside risks after a 35% short squeeze drove its shares…

  28. Whitbread: Peel Hunt sees earnings upgrade from business rates relief, while Panmure Liberum stays at buy

    Whitbread PLC (LSE:WTB) looks set for an earnings upgrade at Peel Hunt after the Budget's business rates relief, while Panmure Liberum has kept its 'buy'…

  29. Blue Star Capital jumps 23% as payments client and €900,000 tax credits boost SatoshiPay outlook

    Blue Star Capital PLC (AIM:BLU), the technology investment company, rose 23% to 4.3p after announcing a new international payments client for investee…

  30. Zinc Media Group drops 20% as it seeks at least £2 million

    Zinc Media Group PLC (AIM:ZIN) shares dropped 20% to 35.00p as the television and content producer outlined plans to sell new shares at a 31% discount.

  31. Shell shares rise 3% as $5bn buyback and strong cash flow beat forecasts

    Shell shares rose 3.2% to 4,083.5p after the oil and gas group beat third-quarter forecasts on earnings and cash flow and raised its share buyback to $5…

  32. WPP shares rise as media arm returns to growth

    Shares in marketing group WPP PLC (LSE:WPP) rose after its media business returned to growth and the company maintained its financial outlook.

  33. Vanquis shares plunge 34% as credit losses trigger profit downgrade

    Vanquis Banking Group PLC (LSE:VANQ) shares plunged 34% to 48.05p after the specialist lender warned that worsening credit performance had forced it to slash…

  34. St James’s Place shares fall 5% as Panmure Liberum flags net inflow miss

    St James's Place PLC (LSE:STJ) shares fell around 5% to 1051p on Thursday after third-quarter net inflows missed expectations, although Panmure Liberum…

  35. MARKETS LIVE: FTSE 100 strengthens despite healthcare and banking sell-off Update

    The FTSE 100 extended its opening gain to 52 points, or 0.5%, reaching 10,746, while the FTSE 250 remained broadly flat at 24,651.

  36. Haleon shares plunge 12% as sales miss forces forecast cut and analysts warn of a margin reset

    Haleon shares fell 12% to 329p after the consumer health group missed third-quarter sales forecasts and cut its 2026 growth guidance.

  37. JP Morgan turns bearish on Vodafone after Niel-fuelled rally as German, Kenyan and fibre risks mount

    JP Morgan has told clients that near-term risks for Vodafone, the FTSE 100 telecoms group, look skewed to the downside after a sharp rally driven by Xavier…

  38. FTSE 100 LIVE: London open higher buoyed by Shell's performance Update

    The blue-chip index advanced 42 points to 10.738, buoyed by a strong update from Shell, an index heavyweight.

  39. Lloyds shares fall 3% as nine-month profit jumps 42% but a spattering of small misses disappoints

    Lloyds Banking Group shares fell 3% to 100.8p after the UK high street lender reported figures that missed analyst forecasts on revenue, capital and tangible…

  40. Haleon shares plunge 14% after £500 million buyback launch - UPDATE Update

    Haleon PLC (LSE:HLN, NYSE:HLN) shares fell as much as 14% on Thursday, touching an intraday low of 321p, despite the consumer healthcare group launching a £500…

  41. Lloyds shares fall 6% as Jefferies flags third-quarter misses

    Lloyds Banking Group PLC (LSE:LLOY) shares fell as much as 6% to 97.44p on Thursday after Jefferies highlighted a series of small misses in the bank’s…

  42. MARKETS LIVE: Defence and energy shares lead London higher at open Update

    The FTSE 100 rose 36 points, or 0.3%, to 10,731 as investors continued to assess the UK Budget and overnight Federal Reserve decision.

  43. ACG Metals says it expects full production from Gediktepe in Q1 2027

    ACG Metals Ltd (LSE:ACG, OTC:ACGAF) told investors it expects full commercial sulphide production at Gediktepe in the first quarter of 2027, after expanding…

  44. Whitbread sees up to £60 million business rates benefit after UK Budget changes

    Whitbread PLC (LSE:WTB) said changes to business rates announced in the UK Budget could reduce its annual costs by as much as £60 million by 2029.

  45. Talon Resources highlights "terrific" first results at Eagle Lake project

    Talon Resources PLC (LSE:TAR, FRA:U09) has intersected high-grade gold at the highest-ranked machine-learning target at its Eagle Lake project in Ontario, with…

  46. Tertiary Minerals to start drilling deeper at Mushima North next week

    Tertiary Minerals PLC (AIM:TYM, OTC:TTIRF, FRA:TMU) has announced that it expects to begin deeper drilling at its Mushima North project in Zambia early next…

  47. IMI nudges up 2026 profit guidance as truck recovery and Truflo Marine delay help

    IMI, the FTSE 100 valves and actuators maker, raised its full-year adjusted earnings per share guidance to between 137p and 143p, from 136p to 142p.

  48. Magnum raises 2026 sales growth outlook to 5.5% after hot summer lifts ice cream sales

    The Magnum Ice Cream Company, the Amsterdam-based maker of Magnum, Ben & Jerry's and Cornetto, raised its full-year organic sales growth forecast to about…

  49. St James's Place net inflows slow as funds under management hit record £242nm

    St James's Place, the FTSE 100 wealth manager, said net inflows fell to £570 million in the third quarter from £1.76 billion a year earlier, although funds…

  50. Hutchmed's sovleplenib wins US orphan drug status for rare blood disorder

    Hutchmed, the Hong Kong-based drug developer, said the US Food and Drug Administration has granted orphan drug designation to sovleplenib for primary immune…

  51. WPP keeps 2026 guidance as underlying sales decline narrows, with Coca-Cola and DoorDash wins

    WPP, the London-listed advertising and marketing group, said third-quarter revenue less pass-through costs fell 2.1% on a like-for-like basis to £2.411…

  52. Lloyds nine-month profit jumps 42% to £6.6bn as motor finance charge falls away

    Lloyds Banking Group PLC (LSE:LLOY), the UK high street lender, reported a 42% rise in statutory pre-tax profit to £6.6 billion for the first nine months of…

  53. Shell lifts payouts with $5bn buyback as record refining margins push third-quarter earnings to $10.8bn

    Shell PLC (LSE:SHEL, NYSE:SHEL), the London-listed oil and gas group, reported third-quarter adjusted earnings of $10.8 billion and announced a $5 billion…

  54. Haleon launches £500 million share buyback programme

    Haleon PLC (LSE:HLN, NYSE:HLN) has launched a £500 million share buyback programme as the consumer healthcare group moves to return capital to shareholders and…

  55. Glencore copper output rises 12% as 2026 guidance holds firm

    Glencore PLC (LSE:GLEN, ASX:GLC) reported a strong third-quarter production performance, with like-for-like copper output up 12% year-to-date and full-year…

  56. IXICO research challenges assumption that cutting scanner variability always improves Huntington's tracking

    IXICO PLC (LSE:IXI, OTC:PHYOF, FRA:PYPB), the brain imaging analytics company, has presented research suggesting that reducing differences between MRI scanners…

  57. Quantum Blockchain Technologies says all three Bitcoin mining methods are live

    Quantum Blockchain Technologies PLC (AIM:QBT, FRA:BYA1) told investors that all three of its Bitcoin mining technologies are now mining live through mining…

  58. Glencore keeps 2026 output guidance and expects marketing profit above $5bn

    Glencore, the Swiss-based mining and commodities trading group, said third-quarter production was in line with expectations and left its full-year guidance…

  59. Haleon cuts sales growth forecast as cold and flu weakness and a China supplement ban bite

    Haleon, the consumer health group behind Sensodyne toothpaste and Panadol, trimmed its 2026 sales growth forecast to around 2.5% after third-quarter organic…

  60. Whitbread says Budget business rates freeze could save it up to £60m

    Whitbread, the owner of Premier Inn, said the Government's decision to freeze business rates for hospitality firms in England will have a significant positive…

  61. Lloyds nine-month profit jumps 42% to £6.6bn as motor finance charge falls away

    Lloyds Banking Group, the UK high street lender, reported a 42% rise in statutory pre-tax profit to £6.6 billion for the first nine months of 2026, up from…

  62. Shell announces $5bn buyback as record refining margins lift third-quarter earnings to $10.8bn

    Shell, the London-listed oil and gas group, reported third-quarter adjusted earnings of $10.8 billion and announced a $5 billion share buyback for the next…

  63. FTSE 100 LIVE: London shares set to open higher. Alphabet tumbles after hours Update

    The FTSE 100 is set to open 40 points higher, ignoring a mixed session in Asia.

  64. MARKETS LIVE: FTSE 100 set to rise following UK Budget and Fed decision

    London stocks are expected to open higher after markets absorbed the UK Budget and the US Federal Reserve’s decision to leave interest rates unchanged.

  65. FTSE 100 LIVE: Asian markets mixed as Korea slides, ASX and Japan gain after Fed decision

    Asian markets were mixed on Thursday as investors digested the US Federal Reserve’s decision to leave interest rates unchanged, a fresh batch of technology…