Corporate pay packets can be a tetchy topic with investors but not those backing Tesla (TSLA:NASDAQ). Thousands of shareholders voted to back Elon Musk's enormous $56 billion compensation deal, the biggest in corporate history. This was a huge vote of confidence in the Tesla chief executive and his ability to power the share price, turning retail investors' money molehills into mountains. Total...

The UK's largest grocery chain by both market value and market share, Tesco (TSCO), reiterated the full-year targets it set a couple of months ago as it published a solid first-quarter trading update. The shares edged up 4p or 1.4% to 307p as analysts and investors digested the detail of the update. STRONG SALES GROWTH For the 13 weeks to 25 May, Tesco reported UK and Ireland sales of £14.33 b...

Stocks in London were marginally higher on Friday morning, as election campaigns in the UK and France continue, with Reform UK overtaking the Conservatives in the UK in a major opinion poll. The FTSE 100 index opened up 2.07 points at 8,165.74. The FTSE 250 was up 7.97 points at 20,203.92, and the AIM All-Share was up 0.63 of a point, 0.1%, at 781.06. The Cboe UK 100 was up marginally at 812.48...

Stocks in Europe ended Thursday lower, struggling for headway after a hawkish hold by the Federal Reserve, but US tech shares were on the up. The FTSE 100 index closed down 51.81 points, 0.6%, at 8,163.67. The FTSE 250 fell 301.45 points, 1.5%, at 20,195.95, and the AIM All-Share fell 6.93 points, 0.9%, at 780.43. The Cboe UK 100 ended down 0.9% at 812.42, the Cboe UK 250 closed down 1.6% at 17...

Shares in Crest Nicholson (CRST) were down over 8% to 221p in morning trading as the housebuilder warned on profit. Other housebuilding shares fell, albeit more modestly, in sympathy. It reported an adjusted operating profit of £6.2 million for the six months ending 30 April, a 71.9% fall compared to the same period a year ago. The adjusted operating profit figure included a one-off £5.9 mill...

Stocks in Europe fell around Thursday midday, after the US Federal Reserve backpedalled from previous predictions. The FTSE 100 index was down 40.98 points, 0.5%, at 8,174.50. The FTSE 250 was down 146.28 points, 0.7%, at 20,351.12, and the AIM All-Share was down 1.59 points, 0.2%, at 785.77. The Cboe UK 100 was down 0.7% at 814.10, the Cboe UK 250 was down 1.1% at 17,782.64, and the Cboe Small...

Premium pubs and hotels group Fuller, Smith & Turner (FSTA) reported another strong year of growth with like-for-like sales up 11%, significantly ahead of the market, as well as strong profit conversion with pre-tax profit up 61% to £20.5 million. Results for the year to 30 March 2024 were broadly in line with consensus market expectations, which explains the muted reaction from investors with...

Environment, health and safety technology group Halma (HLMA) reported its 21st year of record revenue and profit and said it had made a 'positive start' to the current financial year. The shares climbed as much as 180p or 8% to £25.35 taking them to the top of the FTSE 100 performance table. QUALITY COMPOUNDER Halma, which is often compared with US conglomerate Berkshire Hathaway (BRK.B:NYSE)...

Stock prices in London were mixed on Thursday morning, with strong earnings from FTSE 100's Halma after the US Federal Reserve announced guidance of just one interest rate cut by the end of the year. The FTSE 100 index opened down 4.18 points, 0.1%, at 8,211.30. The FTSE 250 was down 52.37 points, 0.3%, at 20,445.03, and the AIM All-Share was up 0.90 of a point, 0.1%, at 788.26. The Cboe UK 100...

The FTSE 100 ended higher on Wednesday, while peers in Europe received much-needed respite after a tricky start to the week, as a cooler US inflation reading gave stocks a shot in the arm before the Federal Reserve decision later. Results from European elections hurt equities on the continent, the CAC 40 in Paris in particular, though Wednesday's US data offered stocks some relief. All eyes wil...

Stock prices in London were up on Wednesday at midday, ahead of inflation data and an interest rate call from the US Federal Reserve. Amongst individual stocks, Rentokil led the FTSE 100 higher, as investor Nelson Peltz built a stake in the company. Financial stocks were also faring well ahead of the interest rate decision. The FTSE 100 index was up 54.55 points, 0.7%, at 8,202.36. The FTSE 250...

If you can put up a convincing story that AI-powered opportunities will seed exciting future growth investors seem willing to forgive even when near-term earnings turn sour. That seems to be the case for Oracle (ORCL:NASDAQ), which jumped 9% overnight even as its fiscal fourth-quarter results fell short of Wall Street estimates. That implies a new all-time peak for Oracle shares of $134.50. Ora...

THIS IS AN ADVERTISING FEATURE Imran Sattar, Portfolio Manager of Edinburgh Investment Trust We like to diversify the Edinburgh Investment Trust within the 40 to 50 holdings in the portfolio by both companies and economic exposure. The portfolio currently is well diversified across stocks and sectors with a range of different economic characteristics. The most significant positions in the p...