Monday, 2 November 2026
- Oracle stock slides as $20bn bond and equity sale sparks fresh AI debt fears
Oracle stock slumped to close around 9% lower on Monday, after the cloud infrastructure group confirmed plans to raise $20 billion through new debt and equity…
- Apple shares fall as memory costs threaten profits
Apple shares fell 3% in after-hours trading after the iPhone maker warned that rising memory chip costs would squeeze its profits over Christmas.
- Apple beats fourth-quarter earnings expectations as revenue rises 12% to $114.5 billion
Apple Inc (NASDAQ:AAPL, XETRA:APC) reported better-than-expected fourth-quarter results, with revenue and earnings topping Wall Street estimates as strong…
- BP debt falls rapidly as fourth-quarter earnings face headwinds, brokers say
BP PLC (LSE:BP.), the British oil major, faces a weaker fourth quarter after a third-quarter earnings beat, brokers say, even as its financial obligations…
- Anthropic filing reveals scale of AI spending behind $33B in revenue
Anthropic (Unlisted (US):ANTHRO) reported a sharp increase in revenue but also mounting infrastructure costs and substantial financial losses in an amended…
- Instinct blames billing glitch for WhatsApp outage, not a Meta ban
Instinct, the invite-only personal AI agent that handles tasks like bookings and inbox management through WhatsApp and iMessage, stopped answering WhatsApp…
- Anthropic and numbers you need to know. Or how the Claude giant has racked up nearly $900bn of compute commitments
Here's your cut-out-and-keep guide to Anthropic's updated S-1 filing.
- Bitwise sets Bitcoin fair value near $197,000
Bitwise Europe's André Dragosch has put Bitcoin's "fair value" at $197,000, pointing to global liquidity trends, a weaker dollar and growing institutional…
- UBS says AI investment boom remains intact despite growing scrutiny of spending
Artificial intelligence (AI) investment is expected to remain a major driver of global equity returns in 2027, despite growing investor concerns about the cost…
- LSEG acquisitions set to boost earnings by 1.5% by 2029, Citi estimates
Citi has reiterated its 'buy' rating on London Stock Exchange Group PLC (LSE:LSEG), with a £120 price target, after updating forecasts following its…
- Sigma Lithium extends debt maturities, reports 32% third-quarter gross margin
Sigma Lithium Corp (TSX-V:SGML, NASDAQ:SGML, ASX:SAU) has completed a balance sheet restructuring that extended more than 90% of its debt maturities and…
- Wall Street balks at Marvell's $115bn swoop on Lumentum
Shares in Marvell Technology and Lumentum Holdings fell sharply after the two companies agreed a $115 billion merger, one of the biggest technology deals on…
- Marvell agrees $115 billion all-stock takeover of Lumentum
Marvell Technology, the US chip designer, has agreed to buy Lumentum Holdings, which makes lasers and optical components, in an all-stock deal valuing the…
- Abu Dhabi locks OpenAI into government, energy and finance
Abu Dhabi signed four agreements with OpenAI on Monday at the ADIPEC energy conference, witnessed by Crown Prince Sheikh Khaled bin Mohamed and OpenAI chief…
- Crypto traders value Anthropic at $1.9 trillion ahead of listing
Cryptocurrency traders are betting that Anthropic, the artificial intelligence (AI) company behind the Claude chatbot, will be worth about $1.9 trillion when…
- UK retail rally reflects improving fundamentals, but consumer risks remain, Deutsche Bank says
UK retailers have enjoyed a strong month on the stock market, but Deutsche Bank (DB) believes the rally reflects improving company-specific trading trends as…
- NatWest faces earnings downgrades after third-quarter revenue shortfall, Deutsche Bank says
NatWest Group PLC (LSE:NWG) is likely to face earnings downgrades after its third-quarter revenue shortfall, with Deutsche Bank (DB) forecasting a 1% reduction…
- AstraZeneca results reassure on long-term growth as three brokers raise price targets
AstraZeneca PLC (LSE:AZN, NYSE:AZN), the Anglo-Swedish drugmaker, saw three brokers raise their price targets after its third-quarter results, with analysts…
- Qualcomm and Nvidia race to put AI to work on factory floors
Qualcomm is assembling chips, connectivity and acquisitions into a full-stack platform for industrial AI, according to RCR Wireless News.
- Kosmos Energy debt reduction welcomed by Jefferies after third-quarter results
Kosmos Energy Ltd (LSE:KOS, NYSE:KOS) made further progress cutting debt in the third quarter, according to Jefferies, which retained its 'hold' rating and…
- Chainalysis discloses breach from AI-driven cyberattack
Chainalysis, the blockchain-analytics company whose software underpins crypto investigations for governments and financial institutions, has disclosed a data…
- UBS lifts AI spending forecast to $1.4 trillion despite tech sell-off
UBS lifts AI spending forecast to $1.4 trillion despite tech sell-off
- Ternus faces first test as Apple chief
John Ternus faces investors for the first time as Apple's chief executive when the iPhone maker reports quarterly results after the US market closes on Monday.
- Zoho pushes Analytics assistant toward autonomous decision-making
Zoho, the privately held business software maker, is rebuilding Ask Zia, its conversational assistant inside Zoho Analytics, around a multi-agent architecture…
- Morgan Stanley's copyright claims lock FinTwit accounts out of X
Wall Street's crackdown on FinTwit, the loose online community of traders, strategists and analysts who trade market commentary on X, has intensified…
- Ternus faces first test as Apple chief with results and iPhone 18 outlook
John Ternus will face investors for the first time as Apple's chief executive when the iPhone maker reports quarterly results after the US market closes on…
- UBS says markets are overestimating how high UK interest rates will go
UK interest rates will peak well below the level financial markets expect, according to UBS.
- Are economists UBS overestimating how high UK interest rates will go?
UK interest rates will peak well below the level financial markets expect, according to UBS.
- Diageo’s non-US growth targets may leave room for upside, Jefferies says
Diageo PLC (LSE:DGE)’s growth prospects outside North America could be stronger than its medium-term targets suggest, with India offering significant upside to…
- Debenhams wins RBC upgrade as debt reduction strengthens investment case
RBC Capital Markets has upgraded Debenhams PLC (LSE:DEB), the online fashion and lifestyle retailer formerly known as boohoo, to 'outperform' from…
- RBC upgrades boohoo to outperform as debt falls
RBC Capital Markets has upgraded boohoo Group, the online fashion retailer that owns Debenhams, from 'underperform' to 'outperform', saying the shares have…
- IXICO retains 'buy' rating from Cavendish after £2.7m Huntington’s disease contract win
IXICO PLC (LSE:IXI, OTC:PHYOF, FRA:PYPB) has won Cavendish’s backing with a reiterated 'buy' rating and a 26p price target, as the broker highlighted a £2.7…
- FirstGroup jumps 4% as Panmure Liberum lifts target after West Yorkshire deal
FirstGroup PLC (LSE:FGP) shares jumped almost 4% to 225p after Panmure Liberum raised its target price to 280p from 270p following the transport group’s £109…
- MARKETS LIVE: Footsie recovers as mid-caps push higher Update
The FTSE 100 had recovered most of its opening losses by 9 am, trading 4 points lower at 10,725 after falling as low as 10,685.
- BP, Ithaca Energy and Shell fall as Brent retreats on Iran diplomacy hopes
BP PLC (LSE:BP.), Ithaca Energy PLC (LSE:ITH) and Shell PLC (LSE:SHEL, NYSE:SHEL) were among the early FTSE 100 fallers on Monday as oil prices dropped on…
- FTSE 100 LIVE: London shares flat as oilers fall Update
After a nose lower in the first few minutes of trading, the Footsie moved back almost to parity in the first hour of trading.
- METLEN signs five-year LNG supply deal with Shell
Metlen Energy & Metals PLC (LSE:MTLN) has signed a five-year liquefied natural gas (LNG) supply agreement with Shell Global LNG Ltd, turning an earlier…
- Citi lifts AstraZeneca target to £189 after pipeline reassurance
Citi has raised its target price for AstraZeneca, the FTSE 100 drugmaker, to £189 from £186, saying third-quarter results eased concerns about long-term growth.
- MARKETS LIVE: FTSE 100 opens lower as energy stocks drag Update
The FTSE 100 opened around 40 points lower at 10,689, having traded between 10,685 and 10,731 in early dealing.
- Ibstock tumbles 8% on weak brick demand as Peel Hunt cuts target price
Ibstock PLC (LSE:IBST) shares fell more than 8% to 74p after weak brick demand forced the group to cut profit expectations, prompting Peel Hunt to reduce its…
- Quadrise says Valkor paymentg is expected in November
Quadrise PLC (AIM:QED) has told investors that a US$300,000 payment from Utah project partner Valkor Technologies is now expected in early November, after the…
- Tower Resources sures up capital position as it works to close farm-outs
Tower Resources PLC (AIM:TRP, FRA:ULF1) is taking the prudent step to raise £325,000 to cover working capital as it waits to complete farm-out deals in…
- Ryanair profit falls 15% as fuel costs rise and fares weaken
Ryanair Holdings PLC (LSE:RYA) reported a 15% fall in first-half profit after tax to €2.15 billion as higher fuel costs and lower fares offset passenger growth.
- IP Group and Scottish Widows to channel investments in UK-based innovation
IP Group PLC (LSE:IPO) announced it has secured a mandate to channel Scottish Widows workplace pension savings into UK science and technology businesses, with…
- Pantheon extends £400m credit facility by one year to 2030
Pantheon International PLC (LSE:PIN, FRA:PAA0) announced it has extended the maturity of its revolving credit facility by one year to October 2030, securing…
- UK retail shares surge but Deutsche Bank questions the rally
Shares in JD Sports, Wickes, Pets at Home and Tesco have jumped by 14% or more in a month, but Deutsche Bank analysts say trading probably doesn't justify the…
- Helium One confirms gas sales for quarter, updates on new well timings
Helium One Global Ltd (AIM:HE1, FRA:9K3, OTC:HLOGF) has reported A$460,000 in quarterly helium sales receipts at its Colorado joint venture, and the company…
- IXICO wins £2.7m Huntington’s disease trial contract
IXICO PLC (LSE:IXI, OTC:PHYOF, FRA:PYPB) has secured a £2.7 million contract to provide imaging and biomarker services for a global phase 3 clinical trial in…
- Kosmos Energy cuts debt by more than $500 million as third-quarter production rises
Kosmos Energy Ltd (LSE:KOS, NYSE:KOS) reported higher third-quarter production and reduced net debt by more than $500 million as the oil and gas producer…
- Blackbird appoints Youri Hazanov as interim chair
Blackbird PLC (AIM:BIRD, OTC:BBRDF, FRA:FBD) has appointed non-executive director Youri Hazanov as its interim non-executive chair, separating the leadership…
- Plexus opens new market opportunity as its secures key ADNOC qualification
Plexus Holdings PLC (AIM:POS) told investors it has secured ADNOC qualification for its HG-R wellhead repair system, opening a route into a UAE market the…
- BYD sales rise for sixth month as exports double
BYD, the Chinese electric carmaker, has reported a sixth consecutive month of sales growth as rising exports offset weak demand at home.
- Binance resumes withdrawals after $6bn hack
Binance, the world's largest cryptocurrency exchange by daily trading volume, has resumed customer withdrawals after a hack that affected more than $6 billion…
- Ibstock cuts profit forecast as brick demand slumps
Ibstock, the UK's largest brickmaker by volume, has cut its profit forecast after sales fell sharply in the third quarter.
- National Grid buys Teesside land for UK's biggest substation
National Grid, the FTSE 100 power network owner, has reportedly agreed to buy land on Teesside to build Britain's largest electricity substation, according to…
- FirstGroup sells West Yorkshire bus assets for £109 million and wins franchise contracts
FirstGroup PLC (LSE:FGP) has agreed to sell £109 million in bus assets to the West Yorkshire Combined Authority and has secured two franchise contracts…
- Ryanair profits fall 15% as fuel costs soar
Ryanair, the Irish low-cost airline, has reported a 15% fall in half-year profits after the price of the fuel it had not locked in doubled.
- FirstGroup sells West Yorkshire bus depots and fleet for £109m
FirstGroup, the FTSE 250 transport operator, has agreed to sell five bus depots and 330 buses to the West Yorkshire Combined Authority (WYCA) for £109 million.
- Kosmos Energy cuts debt by more than $500m as costs fall
Kosmos Energy, the deepwater oil and gas producer listed in New York and London, has cut its net debt by more than $500 million this year as lower costs and…
- FTSE 100 LIVE: London shares set to open lower as the markets brace for 'midterm madness' Update
After a mixed session in Asia and a tumultuous end to the week on Wall Street, the FTSE 100 looks set to open its account in the red on Monday.
- MARKETS LIVE: FTSE 100 set to fall after Wall Street’s worst session since June
The FTSE 100 is expected to open lower on Monday, with IG calling the blue-chip index down around 14 points at 10,746 after it closed eight points higher at…
- FTSE 100 LIVE: Asian markets rebound as Korea surges and India rallies
The S&P/ASX 200 closed about 0.6% lower at around 8,857 as investors remained cautious ahead of Tuesday’s Reserve Bank of Australia interest rate decision.