Thursday, 12 November 2026
- HubSpot founder’s return could lift investor sentiment despite painful reset, Jefferies says
Jefferies believes HubSpot (NYSE:HUBS)’s decision to bring back co-founder Brian Halligan as chief executive could restore investor confidence, although the…
- Adobe plugs Gemini into Acrobat and Photoshop as Google opens Gmail and Drive to its PDF tools
Adobe and Google have expanded their partnership, connecting Acrobat to Gmail and Google Workspace and bringing Google's Gemini artificial intelligence (AI)…
- Wells Fargo-backed Norwest raises $4 billion for AI push
Norwest, the investment firm backed solely by Wells Fargo, has raised a $4 billion fund to expand its investments in artificial intelligence (AI).
- AMD claims its latest AI chip beats Nvidia by up to 30%
AMD, the chipmaker and Nvidia's main rival in AI data centre chips, has claimed its newest AI processor outperforms Nvidia's latest system.
- Qualcomm boss says smartphone "not going anywhere" despite AI gadgets
Cristiano Amon, chief executive of Qualcomm, has dismissed claims that new AI devices will replace the smartphone.
- Wall Street bank boss says AI sell-off is "a tad overdone"
Jane Fraser, chief executive of Citigroup, has said the recent sell-off in artificial intelligence (AI) stocks was "a tad overdone".
- Trump says Tim Cook should replace Huang at Nvidia
President Donald Trump has said Tim Cook, Apple's former chief executive, is the only person fit to take over at Nvidia following Jensen Huang's resignation.
- Who is Colette Kress? Nvidia's finance chief steps out of Jensen Huang's shadow to run the company
For 13 years, Colette Kress spoke after Jensen Huang on Nvidia's earnings calls.
- Digi shares slide as 2027 revenue outlook points to slower growth
Digi International (DGII:NASDAQ) shares fell 15% to $56.74, down $10.22, as investors focused on a slower fiscal 2027 revenue outlook despite a quarterly…
- Deutsche Bank cuts IAG price target to 600p as higher fuel costs hit forecasts
Deutsche Bank has cut its price target for International Airlines Consolidated Group S.A.
- UK housing market stalls as rising mortgage rates hit buyer demand, RBC warns
The UK housing market is showing renewed signs of weakness as rising mortgage rates weigh on buyer demand and agreed sales, according to RBC Capital Markets…
- Primark among retailers most exposed to Spain’s first general strike since 2012
Primark is among the retailers most exposed to disruption from Spain’s first general strike since 2012, with the country accounting for about 15% of its total…
- Taylor Wimpey retains RBC ‘outperform’ despite target cut
RBC Capital Markets cut Taylor Wimpey PLC (LSE:TW.) price target to 95p from 110p, while retaining an ‘outperform’ rating despite weaker autumn sales and…
- Premier Foods earns EPS forecast upgrade from Shore Capital
Premier Foods (LSE:PFD) has received an earnings forecast upgrade from Shore Capital, as lower financing cost expectations support its outlook despite…
- BAE Systems free cash flow upgrade beats forecasts as Jefferies flags strong orders
BAE Systems PLC (LSE:BA.) raised its 2026 free cash flow guidance to around £3 billion, comfortably ahead of consensus expectations of roughly £2.3 billion…
- Nebius shares slide as revenue guidance weakens and AI spending rises
Nebius Group NV (NASDAQ: NBIS), the AI cloud company, shares fell 16% to $130.50 in pre-market trading on Thursday as weaker revenue guidance and higher…
- Rolls-Royce jumps 4% as Jefferies backs faster cash returns
Rolls-Royce Holdings PLC (LSE:RR.) jumped as much as 4% to an intraday high of 1,395p on Thursday after Jefferies highlighted strong trading and faster…
- Galliford Try reports strong start to financial year as Panmure Liberum maintains 'buy' rating and 735p target
Galliford Try Holdings PLC (LSE:GFRD, FRA:3WC), the UK construction group, has reported strong operational performance since the start of its financial year…
- Caledonia posts record quarterly revenue as Blanket mine output recovers and Cavendish keeps 4,230p target
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL, VFEX:CMCL), the Zimbabwe gold producer, posted record quarterly revenue and gross profit, and…
- Volex shares fall over 6% despite record revenue and underlying profit beating Peel Hunt forecasts
Shares in Volex PLC (AIM:VLX), the manufacturer of power and data transmission products, fell over 6% to 528p on Thursday despite record first-half revenue and…
- Persimmon shares gain 5% as three brokers rate housebuilder a 'buy'
Persimmon PLC (LSE:PSN) shares rose 5% to 1,318.50p as the housebuilder reported higher sales rates and trading in line with market expectations.
- PCI Pal shares rise 10% as new business sales exceed management expectations
Shares in PCI-PAL PLC (AIM:PCIP), the cloud provider of secure payments, rose 10% to 77p on Thursday morning after new business sales in the current financial…
- QinetiQ drops 4% as US sale and £175 million impairment overshadow profit growth - UPDATE Update
QinetiQ Group PLC (LSE:QQ.), the UK defence and security technology group, fell as much as 4% to an intraday low of 502p on Thursday as investors weighed its…
- Ingenta shares fall 16% as largest customer drops two contracts and company pivots to AI
Shares in Ingenta PLC (AIM:ING), the publishing software provider, fell 16% to 56.0p on Thursday morning after its largest customer confirmed it would not…
- FTSE 100 LIVE: London shares nudge higher as Burberry leads field Update
The FTSE 100 rose 39 points to about 10,874 on Thursday morning, nearing its record high after figures showed the UK economy grew 0.7% in the third quarter.
- Burberry jumps 10% as profit rebound and stronger sales lift turnaround hopes - UPDATE Update
Burberry Group PLC (LSE:BRBY) jumped as much as 10% to an intraday high of 1,197p on Thursday after first-half adjusted operating profit more than tripled and…
- MARKETS LIVE: Retail and consumer stocks drive sharp moves as FTSE 100 holds higher Update
The FTSE 100 was 0.3% higher at 10,864, with the early rally settling into a more stock-specific session after investors absorbed the latest UK growth figures.
- WH Smith posts £107 million loss despite rising sales - UPDATED Update
WH Smith PLC (LSE:SMWH) swung to a £107 million pre-tax loss for the financial year ended 31 August 2026 as restructuring and write-downs weighed on results…
- Caledonia Mining says gold production back to normal, higher gold prices supported financials in Q3
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL, VFEX:CMCL) told investors that gold production at its Blanket mine in Zimbabwe had returned to normal…
- Central Asia Metals secures rigs for new drilling in Quebec
Central Asia Metals PLC (AIM:CAML, OTC:CAMLF) has secured three rigs to drill up to 70,000 metres at its newly acquired Chibougamau copper-gold project in…
- Dr Martens shares fall 15% as Peel Hunt downgrades from ‘Buy’ to ‘Add’
Shares in footwear group Dr Martens PLC (LSE:DOCS) fell 15% to 54.10p on results day, and Peel Hunt cut its rating from ‘Buy’ to ‘Add’ after first-half sales…
- B&M European Value Retail surges 20% as first-half trading beats forecasts
B&M European Value Retail SA (LSE: BME), the discount retailer, jumped as much as 20% to an intraday high of 333.4p on Thursday after first-half sales, margins…
- Strategic Minerals expands drill plans to bring forward key tests at Redmoor
Strategic Minerals PLC (AIM:SML) has added six holes totalling 3,880 metres to its drilling plans at Redmoor in Cornwall to bring forward tests of how much…
- Galliford Try says its trading 'slightly ahead' of expectations, lands another new contract
Galliford Try Holdings PLC (LSE:GFRD, FRA:3WC) told investors that trading was slightly ahead of board expectations in the new financial year as it secured…
- Persimmon plans more homes in 2027 despite cost pressures
Housebuilder Persimmon PLC (LSE:PSN) expects rising costs to limit near-term profit growth, but it maintained its 2026 outlook in its third-quarter trading…
- Metro Bank jumps 6% as formal sale process begins
Metro Bank Holdings PLC (LSE:MTRO) jumped as much as 6% to 188.8p on Thursday after launching a strategic review that includes a formal sale process for the…
- Chemring puts US sensors business up for sale as profit misses forecasts
Chemring Group (LSE:CHG), the defence technology group, has started a sale of its US sensors business after reporting full-year profit slightly below City…
- MARKETS LIVE: FTSE 100 rises as UK growth strengthens Update
The FTSE 100 was 0.2% higher at 10,861 as investors digested stronger UK growth figures, with the economy expanding 0.7% in the third quarter, up from 0.5% in…
- WH Smith posts £107 million loss despite rising sales
WH Smith PLC (LSE:SMWH) swung to a £107 million pre-tax loss for the financial year ended 31 August 2026 as restructuring and write-downs weighed on results.
- B&M European Value Retail returns to growth
B&M European Value Retail SA (LSE:BME), the discount retailer, has returned to sales growth in the UK and expects full-year profit of between £280 million and…
- Buccaneer Energy lauches equity raise as it seeks to maximise Texas asset valuation
Buccaneer Energy Plc (AIM:BUCE, FRA:LMU1) has secured £510,000 in funding commitments to help restore full production at its Pine Mills oilfield before a…
- Arrow Exploration ups production volumes, says Icaco field is exceeding expectations
Arrow Exploration Corp (TSX-V:AXL, AIM:AXL, OTC:CSTPF) lifted group production to a record of more than 7,000 barrels of oil equivalent per day after its…
- Tooru says one of its brands is to be stocked with major UK retailer
Tooru PLC (AIM:TOO, FRA:73N) told investors it has secured a listing with a major UK retailer for one of its health and wellness brands.
- Dr Martens boot sales fall 20% as hot summer hits demand
Dr Martens PLC (LSE:DOCS), the British footwear brand, warned of a wide range of possible full-year outcomes after first-half boot revenue fell 20% amid an…
- Burberry adjusted operating profit jumps 225% as sales growth gathers pace
Burberry Group PLC (LSE:BRBY) reported a 225% jump in first-half adjusted operating profit as comparable retail sales returned to growth under its Burberry…
- Wizz Air profit falls 67% as fuel costs and Middle East disruption bite
Wizz Air Holdings PLC (AIM:WIZZ), the low-cost airline, said fares were rising after higher fuel costs and disruption in the Middle East cut its first-half…
- United Utilities lifts investment above £2bn as Ofwat verdict nears
United Utilities Group PLC (LSE:UU.), the FTSE 100 water company serving the North West of England, expects to invest more than £2 billion this year after…
- Metro Bank puts itself up for sale three years after its rescue
Metro Bank, the high street lender, has put itself up for sale and appointed Morgan Stanley to seek bids.
- Premier Foods lifts profit outlook and pays first interim dividend in 19 years
Premier Foods, the maker of Mr Kipling cakes and Bisto gravy, now expects full-year profit and earnings per share at the top end of market forecasts after…
- Softcat resists upgrading forecasts after strong first quarter
Softcat, the IT infrastructure supplier, kept its full-year profit forecast unchanged, resisting the urge to upgrade after first-quarter profit grew faster…
- Rolls-Royce accelerates buybacks with new £1.5 billion programme
Rolls-Royce Holdings PLC (LSE:RR.) has accelerated its £7 billion to £9 billion share buyback programme, adding a new £1.5 billion repurchase plan that starts…
- Drax prices €1 billion notes to refinance existing debt
Drax Group (LSE:DRX) said its indirect wholly owned subsidiary, Drax Finco, had priced a €1 billion offering of 5.5-year senior secured notes.
- QinetiQ agrees $292 million US sale to Serco and plans £200 million shareholder return
QinetiQ Group PLC (LSE:QQ.), the UK defence and security technology group, has agreed to sell its US business to Serco PLC for $292 million, sharpening its…
- Wizz Air profit falls two-thirds but fares pick up after summer
Wizz Air, the Hungarian low-cost airline, said fares were rising after higher fuel costs and disruption in the Middle East cut its first-half profit by…
- Dr Martens says Christmas will decide its year after boot sales fall 20%
Dr Martens, the bootmaker, said its full-year results now depend on the Christmas trading period after a hot summer hit boot sales and pushed it to a bigger…
- B&M returns to UK sales growth and forecasts profit of up to £330m
B&M, the discount retailer, has returned to sales growth in the UK and expects full-year profit of between £280 million and £330 million.
- QinetiQ sells US business to Serco for $292m and boosts buyback; maintains full-year guidance
QinetiQ, the defence technology company, has agreed to sell its US business to Serco, the outsourcing group, for $292 million.
- WH Smith expects flat profits as sales stall and losses deepen
WH Smith, the travel retailer, expects profits to stay flat this year as consumers rein in spending and passenger numbers fall in North America.
- Burberry expects growth and higher margins as profit more than triples
Burberry, the FTSE 100 luxury fashion group, expects to grow revenue and widen margins this year after first-half profit more than tripled.
- BAE Systems raises cash flow forecast to £3 billion as orders hit £33 billion
BAE Systems, the FTSE 100 defence company, now expects free cash flow of around £3 billion this year, up from its previous forecast of more than £2 billion.
- Persimmon on track to meet forecasts but warns costs will hold back 2027 profits
Persimmon, the FTSE 100 housebuilder, expects to meet City forecasts for 2026 but warned that rising costs will limit profit growth next year.
- BAE Systems lifts free cash flow guidance to £3 billion as orders reach £33 billion
BAE Systems PLC (LSE:BA.) raised its 2026 free cash flow guidance to around £3 billion from more than £2 billion after strong trading and continued order…
- United Utilities lifts investment above £2 billion as Ofwat verdict nears
United Utilities, the FTSE 100 water company serving the North West of England, expects to invest more than £2 billion this year after capital spending jumped…
- Rolls-Royce speeds up share buybacks with £1.5 billion top-up
Rolls-Royce, the FTSE 100 engine maker, has announced a £1.5 billion share buyback to be completed by its full-year results in February.
- UK economy grows 0.7% in third quarter as AI boom powers services
Britain's economy grew 0.7% between July and September, in line with forecasts and the fastest quarterly pace this year.
- FTSE 100 LIVE: London shares expected to open higher after strong performance on Wall Street Update
After a strong session on Wall Street, buoyed by a revival of interest in the tech sector, the FTSE 100 looks set to open 73 points higher.
- MARKETS LIVE: FTSE 100 set to rise after Wall Street AI rally with UK GDP in focus
The FTSE 100 is set for a positive start on Thursday, with futures around 0.7% higher at 10,916 after the index closed 0.8% higher at 10,835 on Wednesday.
- FTSE 100 LIVE: Hong Kong slides as Nvidia concerns hit tech while China edges higher
Asian markets were mixed on Thursday as renewed concerns around Nvidia and the artificial intelligence trade weighed on technology shares, offsetting a…