Nvidia shares slump despite delivering another quarter of growth and new $50 billion share buyback

Investors want more, more and more when it comes to Nvidia. Despite the company’s best efforts to talk up the opportunities once again around AI,...

Thu, 29/08/2024 - 10:22


Grafton profit wanes in half amid weaker sales across all segments

Grafton Group PLC on Thursday announced a new buyback programme and raised its interim dividend, despite posting weaker financial results following challenging conditions in the...

Thu, 29/08/2024 - 10:12


LONDON BROKER RATINGS: Bunzl, Centrica and Whibread upped; Reckitt cut

The following London-listed shares received analyst recommendations Thursday morning and on Wednesday:

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FTSE 100

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Deutsche Bank raises Bunzl price target to 3,400 (3,250) pence - ’hold’

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Royal Bank...

Thu, 29/08/2024 - 09:49


HSBC reveals senior management overhaul as new chief takes reins

HSBC Holdings PLC has revealed a shake-up of its senior management, days before its new boss takes over at the bank.

Georges Elhedery, the group chief...

Thu, 29/08/2024 - 09:25


TOP NEWS: South32 annual loss widens on high costs, regulatory troubles

South32 Ltd reported on Thursday that its annual loss widened, as it battled rising costs and regulatory uncertainty around its alumina refining operation Worsley Alumina...

Thu, 29/08/2024 - 09:14


LONDON MARKET OPEN: Stocks with tepid start as investors await US GDP

Stock prices in London opened softly in the green on Thursday as investors remained cautious ahead of upcoming US GDP data.

The FTSE 100 index opened...

Thu, 29/08/2024 - 08:49


What happens if I name one of my daughters as a beneficiary of my SIPP and she lives abroad?

I’m over 75 and have a SIPP. My beneficiaries are my daughters, one who has a SIPP already, and one who doesn’t as she lives...

Thu, 29/08/2024 - 00:00


Temu parent PDD sends warning on Chinese consumers

Missed second quarters expectations and soft growth guidance has sparked the biggest ever one-day sell-off in PDD Holdings (PDD:NASDAQ), the parent of online shopping platforms...

Thu, 29/08/2024 - 00:00


Will UK shop price deflation open the door to a September rate cut from the Bank of England?

UK shop prices experienced deflation for the first time in almost three years in August with a fall of 0.3%, according to the latest data...

Thu, 29/08/2024 - 00:00


Discover why Currys’ shares are still far too cheap

Currys (CURY)  79.25p

Gain to date: 31.9%

We flagged the recovery potential of electricals retailer Currys (CURY) on 21 March and urged readers to buy the...

Thu, 29/08/2024 - 00:00


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