Skip to main content

The Market Wire

Monday, 2 November 2026

  1. 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…

  2. 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…

  3. 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…

  4. 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…

  5. 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…

  6. 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…

  7. 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…

  8. 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…

  9. 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…

  10. 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…

  11. 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.

  12. 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…

  13. 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…

  14. 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…

  15. 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…

  16. 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.

  17. 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…

  18. 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…

  19. 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.

  20. 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…

  21. 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…

  22. 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…

  23. 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.

  24. 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…

  25. 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…

  26. 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…

  27. 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…

  28. 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…

  29. 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…

  30. 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…

  31. 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…

  32. 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…