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The Market Wire

Thursday, 5 November 2026

  1. Chipmaker selloff wipesout billions from Nvidia's Jensen Huang

    As chipmaker stocks continue to take a beating, Jensen Huang, Nvidia's chief executive, finds himself falling down the rich list.

  2. Stock bears hit Qualcomm as smartphone slump overshadows data center growth pitch

    The stock market bears will be wondering whether we're seeing air coming out of the bubble, as chipmaker values continue to slide, and as, increasingly, the…

  3. Arm's AI licensing surge drives record quarter

    Thursday's trading session on Nasdaq was a red one for Arm Holdings, which slumped 12% to $168.62, after the chipmaker's quarterly earnings last night.

  4. Qualcomm stock slides amid data center pivot, Google, Meta, TikTok sue over California law, Microsoft, AMD, Nvidia - Big Tech Report

    Qualcomm used its fourth-quarter 2026 earnings call to lay out a push into AI data center chips, as smartphone sales fall roughly 20% compared with 2025.

  5. Harbour Energy lifts cash flow forecast by $800m, adds $150m buyback

    Harbour Energy (LSE:HBR) shares were on the back foot on Thursday, weighed by a softer oil price, albeit the morning's trading update had a sufficiently upbeat…

  6. FTSE 100 LIVE: London extends rally, bank shares up as trader eye BoE rate rise Update

    Next Plc (LSE:NXT) shares climbed nearly 3% on Thursday after its international business drove an 8.1% rise in third-quarter full-price sales, outpacing…

  7. Vistry shares tumble as debt seen higher than expected as housing deals slip

    Vistry Group (LSE:VTY) shares tumbled around 5% on Thursday after the British home builder told investors it expects net debt to average around £800m a day in…

  8. Autotrader's pricing strategy offers potential growth catalyst, says Peel Hunt

    Peel Hunt has maintained its 'buy' recommendation and 630p price target for Auto Trader Group PLC (LSE:AUTO), despite trimming its revenue forecasts following…

  9. Weir faces tough final quarter as broker flags execution risks

    Panmure Liberum has maintained its 'buy' rating on Weir Group PLC (LSE:WEIR), the mining equipment maker, but cut its price target to 3,350p from 3,490p.

  10. Next international growth drives upgrade to full-price sales forecast

    Panmure Liberum has reiterated its 'buy' rating on Next PLC (LSE:NXT), with a 16,000p price target, forecasting double-digit shareholder returns despite new…

  11. Quilter's adviser productivity drive offers scope for client growth, says RBC

    RBC Capital Markets has raised its price target for Quilter PLC (LSE:QLT) to 240p from 235p, maintaining an 'outperform' rating as it sees scope for further…

  12. Foxtons revenue rises for third straight quarter despite Renters’ Rights Act, says Panmure Liberum

    Foxtons Plc (LSE:FOXT), the lettings-focused estate agency, retained its 'buy' rating from Panmure Liberum, which set a 103p price target after a third-quarter…

  13. Trainline reports first International profit as Deutsche Bank keeps 'buy' rating

    Trainline PLC (LSE:TRN, FRA:2T9A), the rail ticketing platform, retained its 'buy' rating from Deutsche Bank after stronger-than-expected first-half earnings…

  14. Autotrader shares fall as flat revenue and weaker retailer numbers weigh

    Auto Trader Group PLC (LSE:AUTO) shares dropped 4% to 549.4p on Thursday as half-year results showed flat underlying revenue, weaker retailer income and a 4%…

  15. Total Graphite unveils "potentially transformational" deal for a processor business in Tanzania

    Total Graphite PLC (LSE:TGR, OTCQX:TGRHF) announced it has signed heads of terms to buy a cash-generating Tanzanian graphite processor for up to £6.58 million…

  16. Quantum Helium excited to advance Sagebrush well into major stimulation programme

    Quantum Helium Ltd (AIM:QHE) told investors it has moved a workover rig to its Sagebrush-1 well in Colorado to prepare for a larger fracture treatment aimed at…

  17. Howden Joinery shares rise as trading update keeps 2026 outlook on track

    Shares in Howden Joinery Group (LSE:HWDN) rose 2% to around 858p after the kitchen supplier reported positive trading and maintained its full-year outlook.

  18. Foxtons shares rise as lettings disruption eases and profit outlook holds

    Foxtons Plc (LSE:FOXT) shares rose 2% to 36.58p after the London estate agency reaffirmed its full-year profit outlook and reported easing disruption from new…

  19. MARKETS LIVE: FTSE 100 retreats as miners and BT lead gains Update

    The FTSE 100 was up 87 points, or 0.8%, at 10,916 by 9.00 am GMT, holding most of its opening advance after Wall Street rallied overnight following the US…

  20. BP set to overshoot disposal target by $1bn as its sells down stake in Aker venture

    BP (LON:BP) has sold a 5% stake in Norwegian oil and gas producer Aker BP for NOK 9.83bn ($1.06bn) before costs.

  21. FTSE 100 LIVE: London extends rally, bank shares up as trader eye BoE rate rise Update

    A predicted quarter-point increase at noon would take Bank Rate to 4%, its first rise since August 2023.

  22. Tate & Lyle shares edge down 0.2% as group maintains full-year guidance Update

    Tate & Lyle PLC (LSE:TATE) shares fell 0.2% to 564p on Thursday morning after the ingredients group maintained its full-year guidance despite reporting an 8%…

  23. Diageo shares rise over 3% as first-quarter sales increase Update

    Diageo PLC (LSE:DGE) shares rose over 3% to 1,880p on Thursday early trade after the Guinness and Johnnie Walker owner reported a 1.2% increase in…

  24. ASOS shares rise as the online retailer returns to growth

    ASOS (LSE:ASC) shares traded positively in Thursday's early trade, after it revealed it had swung to a £24.4m pre-tax profit from a £281.6m loss in the year to…

  25. Prudential cautions over growth target amid China slowdown

    Prudential (LSE:PRU) said its full-year target for double-digit growth in new business profit is harder to reach after a sharper slowdown in mainland China.

  26. BT Group jumps 5% as pension deficit falls and shareholder flexibility improves - UPDATE Update

    BT Group PLC (LSE:BT.A) jumped 5% to 244p after its pension deficit fell to £2.7 billion from £3.7 billion and a new funding agreement gave the group greater…

  27. ASOS shares rise over 4% as retailer returns to sales growth and annual profits recover Update

    ASOS PLC (LSE:ASC) shares rose over 4% to 441.5p on Thursday morning as the online fashion retailer reported a return to sales growth in the final quarter of…

  28. BT Group raises dividend as profit climbs 12% and cash flow falls

    BT Group (LSE:BT.A) has raised its interim dividend 2% to 2.5p a share as first-half pre-tax profit rose 12% to £1.1 billion.

  29. Tate & Lyle maintains full-year outlook despite 8% fall in half-year earnings

    Tate & Lyle PLC (LSE:TATE) has maintained its full-year guidance after reporting an 8% decline in half-year adjusted EBITDA, as higher costs and strategic…

  30. MARKETS LIVE: FTSE 100 jumps at open as miners lead rally Update

    The FTSE 100 jumped 117 points, or 1.1%, to 10,946 in early trading on Thursday, extending Wednesday’s strong rally as investors continued to digest the US…

  31. Next sales rise 8% as international growth drives third-quarter beat

    Next PLC (LSE:NXT), the UK fashion and homewares retailer, said full-price sales rose 8.1% in the 13 weeks to 31 October, beating its second-half guidance by…

  32. Caledonia Mining lands $150m interim bank financing for Bilboes gold project

    Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL, VFEX:CMCL) has announced that it has secured up to US$150 million in interim bank financing to advance…

  33. Solvonis Therapeutics to target binge eating disorder and gambling addiction with ketamine treatment

    Solvonis Therapeutics PLC (LSE:SVNS, OTC:SLVNF) announced it will target binge eating disorder and gambling disorder first after the US Patent and Trademark…

  34. Vistry presses ahead with restructuring as debt reduction remains priority

    Vistry Group PLC (LSE:VTY) is pressing ahead with a major restructuring and land-bank reshaping programme as the housebuilder seeks to reduce debt and…

  35. Prudential new business profit reaches $709 million as China weighs on growth

    Prudential PLC (LSE:PRU), the Asia and Africa-focused life and health insurer, reported third-quarter new business profit of $709 million, up 1%, as strong…

  36. ATOME says good faith talks continue with Paraguay, but it could seek damages "well into" nine-figures

    ATOME PLC (AIM:ATOM) told investors that it continues to seek in good faith the negotiation of a solution to its investment dispute with Paraguay, but, noted…

  37. BT pension deficit falls to £2.7 billion as funding position improves

    BT Group PLC (LSE:BT.A) reported a £ 2.7 billion deficit in its pension scheme, down from £3.7 billion three years earlier, as its funding position continued…

  38. Ondine Biomedical's Steriwave adopted by Dartford and Gravesham NHS Trust after successful trial

    Dartford and Gravesham NHS Trust is adopting Ondine Biomedical Inc (AIM:OBI, OTC:OBIMF) Steriwave for planned orthopaedic surgery after a trial helped surgical…

  39. ASOS returns to growth as annual losses narrow and cyberattack disruption weighs on trading

    ASOS PLC (LSE:ASC) returned to sales growth in the final quarter of its financial year as the online fashion retailer reported a sharp improvement in…

  40. MARKETS LIVE: FTSE set for firmer start after Wall Street rally and ASX surge

    The FTSE 100 is expected to open higher on Thursday after Wall Street surged following the US midterm elections, while Australian shares recorded one of the…

  41. National Grid lifts earnings outlook after record £6.7 billion investment surge

    National Grid PLC's (LSE:NG.) first-half investment has jumped 33% to a record £6.7 billion as it accelerated spending across its transmission networks.

  42. Diageo reports modest first-quarter sales growth as North America remains weak

    Diageo PLC (LSE:DGE) reported a 1.2% rise in first-quarter net sales to $4.93 billion, as growth across Latin America, Asia Pacific and other regions was…

  43. FTSE 100 LIVE: Asian markets mixed as US midterm rally clashes with renewed AI sell-off

    Asian markets were mixed on Thursday as a powerful Wall Street rally following the US midterm elections collided with renewed selling across artificial…

  44. Woodside Energy targets 500-plus job cuts in US$400 million cost drive as dividend policy shifts

    Woodside Energy Group Ltd (ASX:WDS, LSE:WDS, OTC:WOPEF) is targeting more than 500 job cuts as part of a US$400 million annual cost-reduction program from…