Affordable computer developer Raspberry Pi (RPI) made a stunning debut on the London Stock Exchange with its IPO (initial public offering) priced at 280p, the top end of the range, and the shares surging 30% higher to 360p in early dealings. UK tech stories are few and far between in London, so investors will be hoping Raspberry Pi's success can attract more tech sector peers to the market. Bac...

High-tech equipment maker Oxford Instruments (OXIG) posted a relatively unexceptional set of results for the year to March with a drop in operating margins and EPS (earnings per share) but outlined a plan to simplify the business and improve returns. Investors responded enthusiastically to the strategy reset, sending the shares up 280p or 11% to a new high for the year of £27.40. MORE FOCUSED...

Stock prices in London opened higher on Tuesday as investors became focused on the upcoming US Federal Reserve's interest rate decision, after shares fell Monday following the EU election. The FTSE 100 index opened up 11.92 points, 0.1%, at 8,240.40. The FTSE 250 was up 65.24 points, 0.3%, at 20,511.28, and the AIM All-Share was up 0.08 of a point at 788.36. The Cboe UK 100 was up 0.2% at 821.5...

European equities closed lower on Monday, with markets unnerved by election results in Europe, ahead of a US interest rate decision later in the week. The FTSE 100 index closed down 16.89 points, 0.2%, at 8,228.48. The FTSE 250 ended down 109.33 points, 0.5%, at 20,446.04, and the AIM All-Share fell 5.25 points, 0.7%, at 788.28. The Cboe UK 100 ended down 0.3% at 820.02, the Cboe UK 250 also fe...

Stock prices in Europe were lower at midday Monday, as investors digested the results of the EU election, which saw a rise in support for right-wing parties. The FTSE 100 index was down 23.67 points, 0.3%, at 8,221.70. The FTSE 250 was down 66.99 points, 0.3%, at 20,488.38, and the AIM All-Share was down 4.26 points, 0.5%, at 789.27. The Cboe UK 100 was down 0.3% at 819.76, the Cboe UK 250 was...

Vending machine operator ME Group (MEGP) posted a positive trading update for the six months to the end of April and said it was 'confident in delivering record profitability for the year, in line with market expectations'. However, shareholders appear to be unnerved by some of the detail as the stock price declined 8p or 4.7% to 162.4p taking it to the bottom of the FTSE 250 leader board. CUR...

US biotechnology firm Moderna (MRNA:NASDAQ), best known for its Covid-19 vaccine based on its unique mRNA technology, said its combined flu and Covid-19 drug provoked a higher immune response than separate single jabs in late-stage clinical trials. The shares gained 2% in pre-market trading and have more than doubled since the middle of December 2023 driven by a string of positive news from its...

Just days after posting forecast-busting quarterly earnings and revenue, cybersecurity firm Crowdstrike (CRWD:NASDAQ) has won a coveted spot in the S&P 500 index. Its inclusion in the US benchmark index, from 21 June, comes following the S&P 500's quarterly rebalancing and reflects the company's improved fundamentals, driven by 'increased focus on balancing growth and operating efficiency over...

Stock prices in London fell on Monday morning alongside its European peers, after right-wing gains in the EU election and a subsequent French snap election. Eyes are also set on the next interest rate decision from the US Federal Reserve on Wednesday. The FTSE 100 index opened down 26.01 points, 0.3%, at 8,219.36. The FTSE 250 was down 87.84 points, 0.4%, at 20,467.53, and the AIM All-Share was...

Stock prices in London continued to trend down this week, as new US non farms payroll data signalled that a Fed interest rate cut won't be happening anytime soon. The FTSE 100 index closed down 39.97 points, 0.5%, at 8,245.37. The FTSE 250 ended down 160.51 points, 0.8%, at 20,555.37, and the AIM All-Share closed down 3.01 points, 0.4%, at 793.53. Over the course of the week, they are down 0.4%...

Stocks in London fell on Friday at midday despite a positive outlook from the CBI for the UK economy, ahead of a US jobs report reading. The FTSE 100 index was down 47.62 points, 0.6%, at 8,237.71. The FTSE 250 was down 105.46 points, 0.5%, at 20,610.42, and the AIM All-Share was down 2.27 points, 0.3%, at 794.27. The Cboe UK 100 was down 0.6% at 821.06, the Cboe UK 250 was down 0.6% at 18,031....

Premium drinks group C&C's (CCR) shares plunged 7.5% to 156.5p after the Magners maker announced the immediate resignation of CEO Patrick McMahon, who has carried the can for accounting failures which have resulted in some significant write-offs. The maker of Bulmers and Orchard Pig ciders as well as Tennent's beer has restated three years of earnings, resulting in an underlying charge of €5...

Key US markets struck record highs on Wall Street this past week, which will either have you topping up your favourite stocks, or running for cover, depending on your point of view. AI chip champ Nvidia (NVDA:NASDAQ) is a big reason why, the stock rallying 10%-odd to close beyond $3 trillion in market cap for the first time ever, briefly knocking Apple (AAPL:NASDAQ) into third spot on the world...