Signs of customer restockingFirst quarter tops forecastsShares up over 7% after-hoursAI (artificial intelligence) has dominated the chip conversation in recent months but from the sounds made by Texas Instruments (TXN:NASDAQ), the industry could be primed for a far more broadly-based demand bounce as the months roll forward.The Dallas-based business is the world?s biggest manufacturer of analog se

As investors gear up for the latest earnings season, stubbornly resistant inflation continues to dominant the mood music on US markets. After Wednesday?s (10 Apr) hotter-than-expected CPI data and the FOMC minutes, analysts at investment banks Citi, UBS, and Goldman Sachs all said they don?t see the Federal Reserve cutting rates in June, a blow to hopes that the interest rates down cycle will get

Stocks in London were lower on Wednesday midday, as investor sentiment suffered with a persistently resilient US economy dampening expectations that US interest rates cuts will come sooner rather than later.The FTSE 100 index was down 30.55 points, 0.4%, at 7,904.54. The FTSE 250 was down 35.35 points, 0.2%, at 19,678.54, and the AIM All-Share was down 0.62 of a point, 0.1%, at 741.78.The Cboe UK

London?s FTSE 100 underperformed European peers on Wednesday morning, with wider sentiment taking a hit as investors re-think the Federal Reserve interest rate outlook in the face of robust US data.The FTSE 100 index opened down 37.00 points, 0.5%, at 7,898.09. The FTSE 250 was down 72.68 points, 0.4%, at 19,641.21, and the AIM All-Share was down 0.83 of a point, 0.1%, at 741.57.The Cboe UK 100 wa

Full-year results from Greggs (GRG) on 5 March painted a picture of a company doing so well in its domestic territory that one has to ask when it might export the successful business model abroad.Greggs? profits and market share are growing, it is investing in manufacturing and distribution expansion, and shareholders are getting a special dividend. While the company is confident it can add at lea

Investors have regained an appetite for sandwich, salad and sushi-maker Greencore (GNC) with the shares up 12.3% to 106.7p year-to-date, extending their one-year rally to 28%. Building on a profit upgrade delivered in October, the Dublin-headquartered soup-to-sauce supplier served up encouraging first-quarter results (25 January 2024) with outstanding customer service levels underpinning a 5.8% ri

Revenues fall 20% Profits down over 40%Company cooperating with CMAShares in Taylor Wimpey (TW.) were down over 3% to 135p in morning trading as the UK housebuilder said pre-tax profit had fallen 42.8% to £473.8 million for the year to 31 December compared to £827.9 million in the same year ago period.The company?s share price performance today contrasts with a 10% gain over the past year.

Stock prices in London were largely in the red around midday Monday, as the FTSE 350 fell amid the UK competition watchdog investigating a ?persistent under delivery of new homes.?The FTSE 100 index was down 24.14 points, 0.3%, at 7,682.14. The FTSE 250 was down 60.60 points, 0.3%, at 19,118.96, and the AIM All-Share was up 0.17 of a point at 747.94.The Cboe UK 100 was down 0.3% at 769.39, the Cbo

Stock prices in London were mixed at the start of the week, as housebuilders declined after the UK competition watchdog launched a probe into suspected anti-competitive behaviour.The FTSE 100 index opened up 1.27 points at 7,707.55. The FTSE 250 was down 17.42 points, 0.1%< at 19,162.14, and the AIM All-Share was up 1.54 points, 0.2%, at 749.31.The Cboe UK 100 was flat at 772.04, the Cboe UK 250 w

European equities pushed higher on Friday, with Standard Chartered the best-performing London blue-chip, though the FTSE 100?s gains were unable to stave off a weekly loss for it.At the end of the eighth Friday of 2024 so far, London?s large-cap benchmark has only mustered two weekly gains, suffering six losses.The market euphoria following Nvidia?s well-received results suggested a weekly gain wa

Back in the summer of 2021, we suggested the Chinese government?s clampdown on technology companies and its deeper involvement in the private sector ? which it accused of having been ?hijacked by capital? ? risked causing an exodus of foreign investment. We also put forward a list of Asia-Pacific investment companies with low exposure to China, so investors could reduce their risk but still keep t

There is no question the dominant theme in stock markets last year was AI (artificial intelligence), in particular generative AI.In an interview with Time magazine last June, Sam Altman ? the former chief executive of OpenAI, whose ChatGPT product has been at the forefront of the AI trend ? said he believes the technology will ?transform the way people work and the way people learn. It?s going to

Dalata shares are up 28% year-to-dateExpects hotel revenue to ?600 million in 2023More hotels in the pipeline for 2024Shares in Dublin-based Dalata Hotels (DAL:AIM) were up over 5% at 377p in morning trading as Ireland?s largest hotel operator said it delivered ?another record year of growth.? In a trading update for the second half of 2023, the company said it expected hotel revenue for th

THIS IS AN ADVERTISING FEATUREDale Nicholls, Portfolio Manager , Fidelity China Special Situations PLCSentiment towards China remains weak, but the fundamental backdrop is improving and could represent an opportunity as we go through the year ahead given low valuations. Fidelity China Special Situations PLC?s Dale Nicholls looks past the macro headlines and analyses the key risks and opportunities

Occasionally, funds can become victims of their own success, becoming so popular and attracting such inflows that they become harder to manage and their size begins to impact on the investment process and performance.One way asset management companies seek to dampen down investor demand in such instances is to 'soft close' such a collective, which means the fund is technically still open for sales

A tough day for luxury retail stocks, and some pre-US inflation data caution, kept a lid on enthusiasm on Wednesday in Europe, with the CAC 40 in Paris the worst-hit.The pound and euro continued to rise against the dollar, despite a hotter-than-expected US producer price reading. However, consumer price data on Thursday that is similarly robust, could prove too hot for markets to handle, sending e

Stock prices in London pushed higher at midday on Tuesday as dovish comments from US Federal Reserve officials on Monday helped fears around interest rate rises in the US ebb.The FTSE 100 index was up 114.60 points, or 1.5%, at 7,606.81. The FTSE 250 was up 302.89 points, or 1.7%, at 17,874.95, and the AIM All-Share was up 7.51 points, or 1.1%, at 695.34.The Cboe UK 100 was up 1.6% at 759.64, the

Shore Capital raises pre-tax profit forecast 11%Balance sheet getting even strongerFurther £15 million buyback launchedInvestors snapped up stock of Dublin-headquartered Greencore (GNC) in early trading on 10 October thanks to the company's ongoing sales optimism and news of a fresh share buyback. Shares in the convenience foods supplier jumped 17% to 80.5p, still leaving them far cheaper than th

Stock prices in London were higher on Tuesday morning amid news that grocery price inflation in the UK had cooled, and following dovish comments from two senior Federal Reserve officials on Monday.The FTSE 100 index opened up 65.88 points, or 0.9%, at 7,558.09. The FTSE 250 was up 216.55 points, or 1.2%, at 17,788.71, and the AIM All-Share was up 3.69 points, or 0.5%, at 691.52.The Cboe UK 100 was

Ireland's largest hotel operator Dalata Hotels (DAL:AIM) is due to report its results for the six months to the 30 June 2023 on 29 August and fellow hotelier PPHE Hotel Group (PPH) on 31 August.Dalata posted a strong second quarter update in June with like-for-like group RevPar (revenue per available room) ahead of 2022 levels.The group said it 'has continued to trade strongly an expects EBITDA (a