Stocks jumps 30% after appointing new audit firmRally added nearly $4 billion to market capDark clouds hanging over Super Micro since Ernst & Young resignedComputer servers maker Super Micro Computer (SMCI:NASDAQ) saw its share price surge overnight after it named BDO USA as its auditor and said it had submitted a plan to Nasdaq seeking more time to comply with listing rules. In a wild trading ses

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

Surprisingly, one of the most talked-about US stocks of 2024 has nothing to do with AI (artificial intelligence), chips, gold or cryptocurrencies.It is a small tele-health company based in San Francisco called Hims & Hers Health (HIMS:NYSE), which provides prescription and over-the-counter medicines as well as personal care products through its online platform.When we say small, its market cap is

Stock hits three-month high $181Cloud and YouTube shineAI a battlefield for AlphabetOut of the mega tech blocks first - excluding Tesla (TSLA:NASDAQ) ? Alphabet (GOOG:NASDAQ) calmed nerves on Wall Street after-hours Tuesday (29 Oct) with a sharp acceleration in Google Cloud's third-quarter growth rate, while election spending also boosted advertisement sales, especially on YouTube. Going from the

Luxury watch enthusiast site acquiredDeal to drive online and US growth'Undisputed destination' for luxury watch enthusiastsWatches of Switzerland's (WOSG) shares ticked up 2% to 466p on news it has acquired publishing firm-to-luxury watch platform Hodinkee as the Patek Philippe-to-Audemars Piguet seller seeks to accelerate online growth and grab a greater share of America's expanding high-end tim

Equities in Europe powered higher on Tuesday morning, with some stimulus measures out of China supporting stocks, before focus shifts to US data as the week progresses.The FTSE 100 index opened up 35.02 points, 0.4%, at 8,294.73. The FTSE 250 was up 11.61 points, 0.1%, at 20,856.73, and the AIM All-Share was up 1.96 points, 0.3%, at 746.28.The Cboe UK 100 was up 0.4% at 829.49, the Cboe UK 250 was

A market storm is emerging from a seemingly cloudless summer sky. The question now is whether this is just a tempest in a teapot, and the result of thin trading volumes as the big hitters head to the beach and leave deputies and juniors in charge, or whether it is the harbinger of a more serious ? and bearish ? shift in market sentiment.The first step to working this out is to understand what may

Investor excitement surrounding weight-loss drugs has arguably been as great if not greater than that seen for everything AI (artificial intelligence) in the last two years.Market leaders Novo Nordisk (NOVO-B:CPH) and Eli Lilly (LLY:NYSE), makers of Wegovy and Zepbound respectively, have seen their share prices soar as investors seemingly extrapolate their initial success years into the future.Ben

As the UK heads to the polls, it is political events across the Atlantic and the Channel which are really dominating market discourse.In France the first round of voting in parliamentary elections suggested president Emmanuel Macron's gamble of calling a snap poll last month had backfired.Marine Le Pen's far-right National Rally won 33.1% of the vote, with a left-wing alliance behind on 28% and th

Firm sets bold 2030 aimOrder book tops £1 billionDefence spending boomingAerospace and defence firm Chemring (CHG) set itself the target of reaching £1 billion of revenue in 2030 while posting a strong set of first-half results and a record-high order backlog.However, the shares, which recently touched a 10-year high, traded sideways at 392p as the market succumbed to nervousness over interest r

Full year profits plunge2025 year of transitionCost savings of £20 million to £25 millionInvestors in Dr. Martens (DOCS) have endured a torrid time since the iconic footwear firm's 2021 IPO (initial public offering), with the shares booted around 80% lower following a slew of profit warnings.Results for the year ended 31 March 2024 revealed another drop in profits after a challenging year, mostl

Stock prices in London were higher at midday on Wednesday, ahead of the next interest rate decision from the Bank of England on Thursday.The FTSE 100 index was up 41.39 points, 0.5%, at 8,355.06, having reached another record at 8364.04 at around 1100 BST. The FTSE 250 was up 33.45 points, 0.2%, at 20,446.53, and the AIM All-Share was up 1.99 points, 0.3%, at 778.41.The Cboe UK 100 was up 0.5% at

THIS IS AN ADVERTISING FEATURE The mining sector is not homogenous. On the BlackRock World Mining Trust, we believe this year its fortunes may be particularly disparate, as a range of factors weigh on individual commodities and regions. As we see it, there are three key factors that will determine the performance of mining companies for the remainder of 2024: geopolitics, global growth and infras

US-listed large-caps shone last year with shares in mega-caps, and the ?Magnificent Seven? in particular, surging higher. However, this outperformance only widened the valuation gap between US large and small-caps and left shares in the latter cohort languishing at the low end of historical valuations.Over one and five years, the Russell 2000 index of US small-cap stocks is up 14.6% and 30.5% at t

Stocks in London slumped as increased geopolitical tensions and interest rate uncertainty added to investor nerves ahead of the US jobs report.The FTSE 100 index was down 77.03 points, 1.0%, at 7,898.86. The FTSE 250 was down 202.97 points, 1.0%, at 19,670.22, and the AIM All-Share was down 3.61 points, 0.5%, at 738.97.The Cboe UK 100 was down 0.9% at 789.74, the Cboe UK 250 was down 1.0% at 17,12

Like-for-like sales trend worsensProfits to be second-half weightedLiberum halves FY24 estimatesLike-for-like sales tumbled 11.3% in the second quarter at Topps Tiles (TPT) amid persistently subdued demand in the UK RMI (repair, maintenance and improvement) market, especially for bigger-ticket projects.Shares in the UK?s market-leading tile retailer cheapened 3% to 42.7p on a warning first-half pr

THIS IS AN ADVERTISING FEATURE Nuclear power, which uses uranium to produce electricity with a small carbon footprint, has been around for decades, but the technology and underlying commodity have experienced renewed interest as the world looks to transition away from fossil fuels and nations work to increase energy security. The shift from fossil fuels to green energy sources such as solar and wi

Former publishing industry professional John is in his 50s and has been investing for decades, starting at a very early age.John became an investor in his late teens and has started devoting more time to it over the last 20 years. He has always had an interest in markets, even when he was a young boy of seven or eight.A CHILDHOOD INTEREST IN STOCK MARKET SUCCESSES AND FAILURESHe says: ?I read the

Shares climb 8% after trading updateFourth-quarter earnings top forecastsFirm says AI demand ?accelerating?Computer hardware and software giant IBM (IBM:NYSE) posted better-than-expected fourth quarter earnings and sales and said it was poised to gain ?a tremendous amount of value? as customers increased their usage of AI (artificial intelligence).IBM shares jumped around $13 or 8% to $187 in afte

Footwear firm saw ?softer? festive salesUSA business still challengedRelief as guidance reiteratedIconic British footwear brand Dr. Martens (DOCS) was in demand on Thursday, shares in the FTSE 250 retailer booted 7% higher to 80.7p after it swerved another profit warning despite a difficult Christmas for purveyors of bigger ticket items.The Camden Town-headquartered company saw softer December sal