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FTSE kicks-off holiday shortened week on the back foot

Stock prices in London closed lower on Monday amid rising global tensions, although conviction grows that the Bank of England will soon cut rates.The FTSE 100 index closed down 13.35 points, 0.2%, at 7,917.57. The FTSE 250 ended...

25 March 2024
Mobico shares fall 8% after full year profit downgrade

2023 profit guidance revised downSecond delay to 2023 resultsExpects reduction in cost recovery of around £15 millionFormerly known as National Express, Mobico (MCG) was the second biggest faller in the FTSE 250 after the...

25 March 2024
Global equities: Thinking outside the Magnificent Seven

THIS IS AN ADVERTISING FEATURE Stephen AnnessHead of Global Equities, Invesco The Magnificent Seven ? the group of supercharged stocks named after the classic Western movie ? that delivered such outstanding returns in 2023...

25 March 2024
Reddit IPO ignites investors’ imagination as shares rise 48% on debut

Shares priced at $34 a share, top end of range$750 million raised from the IPOReddit begins trading under ticker RDDTAfter eyeing a New York listing since 2021, social media company Reddit (RDDT:NASDAQ) was finally granted its wish...

22 March 2024
S&P 500 makes another all-time high on rate cut hopes | Wall Street Week

Major US indices notched-up further all-time highs this week on dovish comments from Fed chair Jay Powell in the press conference following the central bank?s decision to leave interest rates unchanged.The Fed?s summary of economic...

22 March 2024
Phoenix shares take flight after results blow past forecasts

Record cash generation last year2025 target hit two years earlyShares still yield 10% after rallyInsurer Phoenix Group (PHNX) delighted investors with its full-year results which showed it hitting its 2025 growth target two years...

22 March 2024
FTSE 100 fired up by Phoenix at end of busy week

Stock prices in London opened in the green on Friday, following a busy week of economic data and interest rate decisions.Amongst individual stocks, Phoenix Group got a boost on the back of its 2023 results.The FTSE 100 index opened...

22 March 2024
How a Lifetime ISA can shave years off your house deposit savings journey

Getting on the housing ladder is the top priority for many young people, but with both house prices and mortgage rates rising it can be an increasingly hard-to-reach goal. However, using a Lifetime ISA can supercharge your savings...

21 March 2024
Why Trainline shares are up 16% in less than two months

Trainline (TRN) 377pGain to date: 16%At the beginning of February Shares said that Trainline (TRN) was ?firmly on track for growth? and investors should ?buy into the momentum?. Fast forward a month or so and we still think so.At...

21 March 2024
Understand whether Super Micro Computer is an investment flop or technology great

There is no hotter area to invest in today than artificial intelligence, or AI as it is commonly known, and there is no hotter stock to buy than Super Micro Computer (SMCI:NASDAQ). But should you? In 2024 to date the shares are up...

21 March 2024

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