First Zantac trial winSecond case dismissedShares continue to recoverGSK (GSK) has won the first legal case to be heard in the ongoing Zantac litigation cases after a Chicago jury ruled in its favour and dismissed the plaintiff's claim that the drug had caused her colorectal cancer.Angela Valadez has taken Zantac and generic versions of the drug between 1995 and 2014 and was seeking $640 million i

Never mind Fed speakers singing from the same 'rates on hold' hymn sheet, investors had AI (artificial intelligence) on the brain over the past week with chip powerhouse Nvidia (NVDA:NASDAQ) once again smashing Wall Street estimates out of the park.Detail below, but the net effect was a significant boost to the technology-focused Nasdaq Composite Index, which scaled new all-time highs. The benchma

AI chip giant knocks the lights out againNet profits surges to $15 billionStock blasts past $1,000 for first timeNvidia (NVDA:NASDAQ) continues to knock the ball out of the park and prove the AI (artificial intelligence) revolution is very real. The $2.3 trillion AI powerhouse worshipped by financial markets and Silicon Valley, has to pass increasingly tough tests of investor's faith with every qu

Pets at Home shares drop 5%CVS Group shares gain 3%Vet services market £5 billionShares in pet care supplier Pets at Home (PETS) were down 5% to 265p in morning trading as the CMA (Competition and Markets Authority) confirmed it would launch a full investigation into the veterinary services sector.In contrast, shares in veterinary practice operator CVS (CVSG:AIM) were up nearly 3% in morning trad

£7 billion rights issueInvestment to double2023 earnings lowerMultinational electricity and gas provider National Grid (NG.) surprised the market with the launch of a £7 billion fund-raise to finance investments in its network to the end of the decade.The shares, which had enjoyed a strong run from the £10 level in April up to £11.40 last week, went into reverse falling 103p or 9% to £10.24 a

Analysts widely see chip firm beating and raisingYear-on-year net income set for $11 billion surgeWill have massive implications right across major marketsJust as Glastonbury go'ers might love a bit of Paul Heaton, Paloma Faith and Sza, it's Coldplay and Dua Lipa that will headline the Pyramid stage this summer. So far, the first quarter earnings support acts have been good, now for the main event

First half like-for-like sales up 7%Momentum continues into second halfFull year profit expected to be at top end of expectationsPubs group Mitchells & Butlers (MAB) smashed first half sales and profit forecasts and said the full year was likely to be at the top end of expectations, sending shares in the All-Bar-One and Toby carvery operator to the top of the FTSE mid-cap leaderboard, gaining as m

Market share gains in clothing and foodFull-year dividend restoredCost savings target increasedShares in Marks & Spencer (MKS) topped the FTSE 100 leader board on Wednesday, rallying 9.1% to a five-year high of 298.6p after the retail giant's full-year results breezed past consensus estimates, prompting Shore Capital to proclaim that 'M&S is back baby!'.Chief executive Stuart Machin's turnaround p

New target to achieve $80 billion revenue by 2030Core operating margin in mid-thirties percentageUpward earnings revisions expectedAstraZeneca (AZN) has revealed a new target to grow revenue by 75% from the $45.8 billion generated in 2023 to $80 billion by 2030, driven by 'significant' growth in its existing portfolio of medicines and by launching 20 new medicines by the end of the decade.The comp

£22.5 million takeover to accelerate growthVictoria Plum recently out of administrationDeal should drive future upgradesBathroom retailer Victorian Plumbing (VIC:AIM) has acquired loss-making arch-rival Victoria Plum as the taps-to-toilets seller looks to accelerate its growth in a competitive yet sizeable total addressable market.Shares in Victorian Plumbing rose 5.6% to 90.2p on news of the dea

EasyJet CFO Kenton Jarvis to become CEOJarvis joined EasyJet in February 2021Outgoing CEO Johan Lundgren to leave early 2025Shares in EasyJet (EZJ) were down more than 5% to 498p as investors reacted to the announcement that the low-budget airline's CEO Johan Lundgren is stepping down after seven years in the role.Kenton Jarvis, board member and chief financial officer will takeover from Lundgren

Kainos (KNOS) £10.16Market cap: £1.28 billionWe believe that market sentiment towards Kainos (KNOS) is on the cusp of a reversal, and that creates a buying opportunity for investors. Shares in the Belfast-based digital services expert are now trading at a 30% discount to 12-month highs and are barely half all-time peaks of more than £20.This is largely because of what analysts have called a cyc

Have US equity expectations run ahead of themselves? Certainly, for some companies, the answer seems to be yes. One of the features of second-quarter earnings season has been the number of companies that have met or ever beaten revenue and earnings expectations yet have cost share prices and investors dearly.High-growth companies including ARM (ARM:NASDAQ), Airbnb (ABNB:NASDAQ) and Shopify (SHOP:N

This is the first in a series of articles focused on the fundamentals of investing. Don't worry if you are relatively new to investing because the series starts at the very beginning and explains what investing is, how it works and is intended to provide a useful framework for thinking about investing.The series is not exclusively for beginners and later on it will include more advanced features s

Copper is already one of the most important materials underpinning human civilisation, and the energy transition is only likely to see demand for the industrial metal build in the years to come.Limits and pressures on supply and this growing demand profile are already seeing copper prices mount a charge and recent M&A activity ? with BHP's (BHP) unsuccessful (for now) attempt to take over Anglo Am

Companies tend to list on the stock market when conditions look ripe for a healthy reception from investors so as to get a deal away at the best price.After a fallow period for IPOs (initial public offerings) in 2022/23, activity appears to be gathering pace buoyed by the FTSE 100 and FTSE All-Share notching up new all-time highs in recent weeks.In an unusual turn of events, London could benefit f

This year has been a struggle for Intel (INTC:NASDAQ) ? investors don't seem to be buying the optimism the chip firm has spun around its PC and data centre business, while it has thus far failed miserably when it comes to convincing the market it hasn't missed the AI (artificial intelligence) boat.Data from Sharepad shows Intel is the second-worst performer on the S&P 500 in 2024, down nearly 40%

Full year tops expectations2025 organic growth of 6% to 8% on expanded marginDividend increased by 7%Global data services specialist Experian (EXPN) notched-up a new high and led the FTSE gainers after revealing full year revenue growth at the top end of expectations and a strong outlook.The shares jumped 7% to £37.75 taking gains over the last 12-months to 35%, handsomely outperforming the blue-

Tobacco prices up 8.6%Next-generation revenue up 16.8%Operating profit down 2.4%Shares in Imperial Brands (IMB) were up more than 4% to £19.53 in morning trading despite the tobacco and next-generation product maker reporting a 2.3% fall in first half revenue to £15.06 billion.Investors may have been cheered by the firm's ability to raise tobacco prices and the increase in NGP (next-generation p

Luxury demand slowdown weighsH1 to remain ?challenging?Wholesale revenue seen 25% lowerSlowing demand for luxury goods continues to impact Burberry (BRBY), whose shares remain firmly out of fashion with investors and cheapened 2.8% to £11.55 on the release of downbeat full-year results.And with the share price having more than halved over the past 12 months, Burberry is now ?a screaming takeover