Trading ahead of expectationsBig jump in royalty incomeAmazon tie-up news imminentIn an unscheduled update, fantasy miniatures maker Games Workshop (GAW) said trading since 8 September is tracking ahead of expectations and provided new financial estimates for the half year to 1 December.The news was well received with the shares jumping as much as 15% to a new all-time high of £136.5, taking gain

Uptick in orders continuesTrading in line with expectationsNew CFO John Fallon namedOn the day the ONS (Office for National Statistics) announced disappointing retail sales for October as Budget uncertainty sapped spending, DFS Furniture (DFS) defied the doom and gloom with news of robust orders growth into the new financial year.The reassuring update will come as a relief to shareholders, who mig

Equities in Europe ended higher on Thursday, overcoming some earlier uncertain trade, as comments from a US official calmed some geopolitical worries which kept a lid on investor enthusiasm.Nonetheless, Brent remained above the $73 mark, supporting oil majors.Moscow's ambassador in London said Thursday Britain was 'now directly involved' in Russia's war with Ukraine, following reports Kyiv had fir

Share price drifts as investors take a breatherAge of AI in full steam, states CEO Jensen HuangExpect analyst upgrades to flood inWhichever way you look at it, Nvidia's (NVDA:NASDAQ) Q3 earnings crushed it, surging past forecasts while continuing to demonstrate remarkable growth across its key business segments. 'The numbers speak for themselves', said AJ Bell investment analyst Dan Coatsworth. 'N

Three tried and tested market principles were reinforced by the latest update from beleaguered energy services firm Wood Group (WG.).I have followed this business for nearly two decades and it's hard to remember a time when it was in a worse state than it is today.That's backed up by the share price which traded at all-time lows below 50p in response to the company's devastating missive on 7 Novem

A year after fast-fashion sensation Shein was first thought to have filed registration papers for a UK IPO, reports suggest the company is targeting the first quarter of 2025 for a London float that could value the business at £50 billion.Shein's position as a fast-growing retailer expanding across multiple geographies and taking market share from established players ? it is no coincidence that t

European equities traded higher on Wednesday morning, as stocks in London shrugged off a hotter-than-forecast UK inflation reading for now.Sage shone on the FTSE 100, while Severn Trent also impressed.The FTSE 100 index climbed 23.61 points, 0.3%, at 8,122.63. The FTSE 250 edged up 22.23 points, 0.1%, at 20,449.85, and the AIM All-Share was up 2.56 points, 0.4%, at 726.79.The Cboe UK 100 was up 0.

The FTSE 100 on Tuesday morning outperformed its French and German peers, as investors await consumer price inflation data from the eurozone.The UK government is having a busy week. Downing Street has confirmed that the UK is set to relaunch trade talks with India, while ministers continue to face calls from farmers and opposition parties to scrap its changes to agricultural inheritance tax. The N

Shares in London posted modest gains around midday on Friday despite weaker-than-expected third quarter economic growth figures.In the third quarter, UK GDP edged up 0.1%, missing the 0.2% consensus, and slowing from 0.5% seen between April and June, according to the Office for National Statistics.Industrial production also missed forecasts and the trade deficit widened, although construction outp

Palm oil price up 40%'Significant' boost to profitabilityFurther acquisitions on the agendaShares in MP Evans (MPE:AIM) cultivated a 7.5% rise to £10 in early dealings, marking a new two year high, after the Indonesia-based sustainable palm oil producer upgraded year-to-December 2024 profit guidance off the back of surging palm oil prices, which have risen some 40% year-to-date.A more favourable

In this column a few weeks back I flagged Bitcoin and gold as potential barometers of Donald Trump's chances in the election.As it turned out, Bitcoin was the better marker and has continued to soar since he prevailed hitting record highs close to $90,000 while gold has been hamstrung by a surging dollar.Investors will have their own take on the merits of cryptocurrencies, and this author would le

The US stock market is the biggest in the world and the listing domain of globally-renowned companies including Apple (AAPL:NASDAQ), Nvidia (NVDA:NASDAQ) and Amazon (AMZN:NASDAQ), which makes the market an extremely attractive proposition for UK-based investors. The US equity market's sheer size means it is highly liquid and offers investors greater scope for diversification than other regional ma

Stock prices in London were mixed at midday Wednesday, amid cautious optimism from the UK housebuilding sector, as eyes are set on upcoming US consumer price inflation data.'US inflation figures will be closely watched this afternoon, with expectations for the cost of living to have edged higher,' commented AJ Bell's Russ Mould. 'The consensus is for the annual rate of inflation to move from 2.4%

Stock prices in Europe were higher on Wednesday morning, as the post-election 'Trump trade' was wearing off, as investors await a consumer price inflation reading from the US.FXStreet-cited market consensus expects the US consumer price index to post a 2.6% annual rise for October.That said, Lloyds analysts declined to put much figurative stock in the release, saying: 'Just as yesterday the messag

Stock prices in blue chip indices in London, Paris and Frankfurt were in the red on Tuesday morning, as traders digest an increasing likelihood that incoming US president Donald Trump will enact punitive tariffs and a very hawkish stance on China.'The latest moves from Trump's camp, especially with China hawks joining his inner circle, are sending chills through the markets and casting a decidedly

Motor insurance remains toughOn track to make £100 million cost savingsAround 550 job cutsInsurer Direct Line (DLG) said it plans to cut around 550 jobs as part of a series of initiatives aimed at simplifying the business and delivering at least £100 million of cost savings by the end of 2025.While third quarter gross written premiums fell amid 'challenging' conditions in motor insurance, CEO Ad

Stock prices in Europe were in the green on Monday morning after data on Saturday showed that annual consumer price inflation in China slowed in October.Swissquote's Ipek Ozkardeskaya said that 'the picture remains bullish for the US equities' following Trump's re-election but 'Elsewhere, worries mount: FTSE 100 and the European Stoxx 600 index both closed last week below the 200-DMA on worries ab

Equities in London ended lower on Friday, with miners and other China-exposed stocks hurting the FTSE 100, though a reassuring update from the British Airways parent lifted travel shares.Broker cuts hurt Greggs and Mitchells & Butler, while investors fretted for Vistry again after the housebuilder warned on profit.The FTSE 100 index fell 68.35 points, 0.8%, at 8,072.39, fading 1.3% this week. The

Firm slices outlook for 2024 to 2026Total costs now seen at £165 millionShares down over 45% since SeptemberFor investors in housebuilder Vistry (VTY), October and November have been months to forget as the firm has now cut its full-year 2024, 2025 and 2026 outlook twice in the space of a few weeks.The shares dropped 165p or 19% to 705p, taking them to the bottom of the pile in the FTSE 250 and b

US indices hit more new highs this week after Donald Trump was declared the winner of the race to become the next US president.As well as tech stocks, which rallied on the belief a Trump administration would be less likely to impose strict regulations on the sector, energy companies and financial stocks registered strong gains.Trump's mantra of 'drill baby, drill' implies he favours increasing US