Stock prices in London closed predominantly higher on Monday, joining European peers in a relatively upbeat finish, following news that US President Joe Biden will not stand for re-election.Amongst individual stocks, airlines slid after Ryanair's warning. Rentokil led the FTSE 100 higher, though, after former BT boss eyed a bid to take over the pest control firm.The FTSE 100 index closed up...

The FTSE 100 started the week on the front foot, seemingly unfazed by President Joe Biden's decision to bow out of the re-election race, although the travel sector stalled after a Ryanair warning.The FTSE 100 index traded up 30.98 points, or 0.4%, at 8,186.70. The FTSE 250 was up 55.40 points, 0.3%, at 21,123.08, while the AIM All-Share was up just 0.29 of a point at 784.42.The Cboe UK 100 was...

Horsham-based fuel cell and electrolysis firm Ceres Power (CWR) has had a torrid 2023, with its shares losing almost half their value after a series of disappointing trading updates.The firm's fuel cells are used for power generation and storage, while its electrolysis technology is used to produce 'green' hydrogen as part of the global energy transition.In July, the firm cut its full-year...

Huge swathes of Europe, North America, Asia and Africa have endured boiling conditions this summer, with the majority of scientists pinning the blame for the planet's exceptional heat and rain, as well as wildfires in countries such as Greece and Canada, on human activity.Data from the EU-funded Copernicus Climate Change Service showed that the first three weeks of July were the warmest...

Are you looking for the next big thing? Rather than risk all your money on a single stock, intellectual property investor IP Group (IPO) will give you exposure to a portfolio of promising companies, each with a bright idea and the potential to make big money in the future.Not everything will be a success in its portfolio, but it only needs a handful of winners each year to make shareholders...

The human tragedy unfolding in Ukraine is having dramatic ramifications across the world, not least in the energy market.The US has banned the import of Russian oil, LNG (liquefied natural gas) and coal. Europe is not able to turn the taps off overnight as it is more reliant on Russia to meet its energy needs. However, the direction of travel is clear - the West is committed to weaning itself...

After the excitement surrounding hydrogen as a route to lowering global emissions, a message reinforced at the COP 26 climate summit, the poor performance of hydrogen investments over the last year is something of a surprise.Research by analysts at Liberum shows that over the 12 months to mid-January, the average return for fuel cell and electrolyser companies has been a loss of around 60% of...

In the second part of a two-part series Shares talks to various fund managers about the stocks that didn't work out as they expected in 2021. They explain what went wrong and why the market reacted in the way it did.The first part of the series can be read here and reveals 12 fund managers' top stock picks for 2022.Neil Goddin, co-manager, Artemis Positive Future Fund (BMVH597)Stock that...

Shares believes it is worth paying a moderate premium to access the compelling growth prospects of the Jupiter Green Investment Trust (JGC), a nimble £57.5 million cap fund that invests globally in companies delivering solutions to climate change and other sustainability challenges.Launched in 2006, the trust has lived in the shadow of larger open-ended sister fund Jupiter Ecology (B4KLC26),...

IP Group (IPO) 122.6pGain to date: 47.7%Original entry point: Buy at 83p, 15 October 2020Developer of intellectual property-based ventures IP Group (IPO) is trading at its highest level since 2018, rewarding our positive call on the stock in October 2020.The latest run for the shares followed a strong set of full-year results (10 Mar). The company even unveiled a maiden dividend after swinging...

While we regularly look at how our Great Ideas are getting on we have had reader feedback about providing more clarity on the performance of our investment ideas elsewhere in the magazine.This feature will therefore be the first of several in the coming months where we look retrospectively at these other ideas to see if they have added value.As a starting point, we are revisiting our article...

Fuel cells technology developer Ceres Power (CWR:AIM) expects revenue and other operating income to top market expectations after what it called 'strong' commercial progress last year.Revenue and other operating income would be around £32million to £33 million, the company said, following significant investments by Bosch and Weichai. Analysts at investment bank Berenberg had £32 million...

Fast growing hydrogen stock Ceres Power (CWR:AIM) has gone a long way to fulfilling its potential after inking a deal with German giant Bosch that analysts have called its 'biggest milestone to date'.Ceres Power has seen its shares jump 295% this year as investors bet on hydrogen fuel cells playing a key role in decarbonising the global economy.The company makes a solid oxide fuel cell known...

When America picks a new president next week, it's more than likely to have an impact on your investment portfolio whatever the outcome.US voters go to the polls on 3 November to decide whether Republican candidate Donald Trump deserves another four years in office, or whether the Democrat's Joe Biden should be elected the next US president.The general consensus seems to point to three likely...

The risk-to-reward on offer at IP Group (IPO) is very attractive with many investors unappreciative of the near-term positive catalysts at various mature companies in its portfolio.IP Group was set up to evolve ideas from partner universities into world changing companies. It pioneered the partnership model with UK universities and has spent many years honing a unique approach to building...

If you were a shareholder in a hydrogen fuel cell company a year ago, right now you could be sitting on a small fortune.For UK investors, there are three stocks directly involved in the space. Two of them, AFC Energy (AFC:AIM) and Ceres Power (CWR:AIM), make fuel cells, and the other, ITM Power (ITM:AIM), makes electrolysers, a low carbon way to produce hydrogen.The share prices of all three...

As stock markets continue their generally upward momentum since the March sell-off, the past week has seen a number of company directors taking advantage of rising share prices to sell some of their stakes.UNILEVER FINANCE BOSS SELLS DOWNThe most eye-catching deal involves the chief financial officer of consumer goods giant Unilever (ULVR), Graeme Pitkethly, who earlier this week sold 46,000...

Seasoned investor Richard Penny (pictured below) says the UK is cheap, particularly further down the market capitalisation scale. The fund manager also believes that financial sector firms have become 'somewhat de-risked' following the Conservative Party's thumping general election victory.The well-followed manager of TM CRUX UK Special Situations (BG5Q5X2) is also palpably excited about the...

The FTSE 100 is down 2.6 points to 7,588.07 after some dollar weakness following President Donald Trump's 'talking down' the dollar. Trump has criticised the US Federal Reserve's policy of interest rate hikes which may have spooked the markets.In corporate news, house builder Persimmon (PSN) gains 1% to £24.63 on reporting an increase in profits for its first half. Pre-tax profits for the six...

An initiation note from investment bank Berenberg gives an optimistic take on the future of fuels cells technology developer Ceres Power (CWR:AIM).It has slapped a 15p target on the stock, versus the current 11.75p. Yet the technology is still years away from commercial success, if it gets there at all. Berenberg predicts that massive funding is still needed.The investment bank forecasts...