2023-02-10 10:46
Shares of online fashion retailer, ASOS, have fallen 6% after announcing the appointment of Sean Glithero as its interim finance boss. Glithero, who previously served as CFO of MatchesFashio… Read More
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Investomania is a UK investment website that focuses on investor news and information on UK stocks and share prices. Its aim is to be insightful, interesting and informative, with a lack of investment jargon. As such, it may be of interest to long-term investors as well as traders seeking to stay up-to-date on the latest news and information affecting UK share prices.
2023-02-10 10:37
Cryptocurrency exchange, Kraken, is under investigation by the US Securities and Exchange Commission (SEC) for the alleged sale of unregistered securities, according to a recent Bloomberg re… Read More
2023-02-10 10:28
The yen trimmed its gains on Friday, after Kazuo Ueda, a figure reportedly selected as the next governor of the Bank of Japan (BOJ), said that the central bank's monetary policy was appropri… Read More
2023-02-10 10:17
First Abu Dhabi Bank, the largest bank in the United Arab Emirates, has put to rest recent rumours of a possible takeover of London-listed Standard Chartered (LSE: STAN) reports CNBC. In a s… Read More
2023-02-10 10:10
Data released on Friday showed that the UK economy registered no growth in the fourth quarter of 2022, narrowly avoiding a technical recession.The Office for National Statistics' first estim… Read More
2023-02-10 10:08
London's FTSE 100 index (INDEXFTSE: UKX) had a disappointing end to its record-breaking week as a negative sentiment from another poor session on Wall Street impacted the market.The blue-chi… Read More
2023-02-10 10:04
Saga (LSE: SAGA) has confirmed that it is in exclusive talks with Open Insurance Technologies over the possible sale of its Acromas Insurance unit.The company stated that there is no guarant… Read More
2023-02-09 14:28
Alphabet's Shares Take a DiveGoogle's parent company, Alphabet, suffered a significant drop in shares yesterday with a decline of over 7%. This saw the company lose $100 billion in market va… Read More
2023-02-09 14:09
Alphabet, the parent company of Google, saw its shares dive more than 7% on yesterday, losing $100 billion in market value, after the company's event to promote its new artificial intelligen… Read More
2023-02-09 12:28
The FTSE 100 index (INDEXFTSE: UKX) reached a new high of 7946 today, climbing 0.7% as traders responded to a packed session of results and takeover rumours.Standard Chartered led the charge… Read More
2023-02-09 12:21
7digital Group PLC (LSE: 7DIG) has been bought out by music licensing firm Songtradr Inc for a sum of £19.4 million, in what many are calling a shrewd move by the licensing company.Sha… Read More
2023-02-09 12:05
The pound rose against the dollar and euro on Thursday, despite widespread price falls in the UK housing market. The UK housing market suffered its most widespread price declines since 2009… Read More
2023-02-09 11:36
Oil prices are in the green for the fourth consecutive day, boosted by China's recovering demand and a decline in inflation, but hindered by the US Federal Reserve's plan to raise interest r… Read More
2023-02-09 09:33
British American Tobacco (LSE: Bats) has reported a marginal rise in profits for 2022, with pretax profit reaching £9.32bn, up 1.7% from the previous year. Despite this, the company's… Read More
2023-02-09 09:21
AstraZeneca (LSE: AZN) has swung to full-year profit, with revenue rising by 19% to $44.35 billion (£30.71 billion). The Cambridge-based company attributed the growth to all therapy ar… Read More
2023-02-09 09:13
Redrow's (LSE: RDW) interim report reveals nearly unchanged profit and revenue, while the order book takes a significant drop.The UK housebuilder posted a pretax profit of £198 million… Read More
2023-02-09 09:08
Ladbrokes and Coral parent company Entain (LSE: ENT) took a hit after US casino giant MGM confirmed it had "moved on" from acquiring the firm.Last year, MGM made a bid for Entain that was re… Read More
2023-02-09 08:50
Consumer goods giant, Unilever (LSE: ULVR), has warned that price hikes are not expected to peak until at least the second half of 2023, and that cost pressures will continue to weigh on pro… Read More
2023-02-08 16:56
A former Coinbase product manager, Ishan Wahi, has pleaded guilty to two counts of conspiracy to commit wire fraud in the first insider trading case involving cryptocurrency.Wahi shared conf… Read More
2023-02-08 14:13
UK-based challenger bank, Revolut, has made a foray into the world of cryptocurrency staking for its European and UK customers. The digital bank, which claims to have 25 million users worldw… Read More
2023-02-08 13:03
The stock market in Turkey has come to a standstill this morning after a 7% drop in the country's benchmark equities index reports Bloomberg. The Bist 100, which comprises of the largest 100… Read More
2023-02-08 12:58
In a recent article by Kurt Hulse and Tom Pizzuti from TRADING ON THE MARK via CMC Markets, the authors discuss their bearish outlook on the gold and Brent crude oil markets. The recent decl… Read More
2023-02-08 11:38
The British pound bounced from a one-month low on Monday afternoon, after Federal Reserve Chair Jerome Powell failed to adopt a more aggressive tone towards inflation, leading to renewed bet… Read More
2023-02-08 11:33
Gold prices remained unchanged on Wednesday, after receiving somewhat conflicting signals from the Federal Reserve on monetary policy. Two consecutive days of small gains have helped gold re… Read More
2023-02-08 11:18
Oil Giant BP Reports Record ProfitsBP, the multinational oil and gas company, has reported its highest-ever annual profits, totalling $27.7bn in 2022. This is more than double the previous y… Read More
2023-02-08 10:20
Bitcoin bulls are back on the prowl as the cryptocurrency gets a much-needed boost from a familiar source - the Federal Reserve. During his recent appearance, Fed Chair Jerome Powell reinfor… Read More
2023-02-08 10:12
UK housebuilder Barratt Developments (LSE: BDEV) reported strong growth in its half-year results, with revenue rising 24% YoY to £2.78bn and pre-tax profit up 16% to £501.5m. How… Read More
2023-02-08 10:05
Frasers Group (LSE: FRAS) and JD Sports Fashion (LSE: JD) have announced the completion of Frasers' acquisition of five premium fashion brands from JD Sports. The Shirebrook-based owner of S… Read More
2023-02-08 09:59
Transport behemoth FirstGroup (LSE: FGP) has just made a major acquisition, with shares up 5% as they agree to purchase regional bus operator, renter, and reseller Ensignbus. The Essex-based… Read More
2023-02-08 09:25
London's FTSE 100 index hit a new record high on Tuesday, despite a warning from Federal Reserve Chairman Jerome Powell about the need for further US interest rate rises.Wall Street remained… Read More
2023-02-07 17:18
Centrica PLC (LSE: CNA), the parent company of British Gas, is under fire following a recent investigation by The Times. The investigation revealed that British Gas was using debt collectors… Read More
2023-02-07 17:12
Rupert Hargreaves of MoneyWeek writes that the latest Dividend Dashboard from AJ Bell reveals that FTSE 100 companies are expected to return a total of £81.5bn in ordinary dividends pl… Read More
2023-02-07 16:51
The Indie Investor recently explored the potential return on investment for Lloyds Banking Group shares. The shares have been on a rise, up 26% over the past three months, and are close to r… Read More
2023-02-07 16:41
Disney’s stock price has seen a significant increase of over 30% since December, due to investor optimism in the growth potential of streaming services. This sentiment was fueled by Di… Read More
2023-02-07 13:12
Have you come across the term "Bitcoin halving" in the world of cryptocurrency? If so, you might be wondering what it means. In this article, we will dive into the concept of Bitcoin halving… Read More
2023-02-07 12:05
UK bank chief executives have cautiously welcomed new regulations for the crypto industry, but remain wary about the risks posed by a central bank digital currency. The executives told lawma… Read More
2023-02-07 11:53
The euro is facing a difficult time against the dollar, as a range of fundamental and technical factors put pressure on the currency. Currency traders are being warned to prepare for more si… Read More
2023-02-07 11:39
The British pound reached a fresh one-month low against the US dollar ($1.1975) in today's London session as investors anticipate the Bank of England (BoE) to conclude its monetary tightenin… Read More
2023-02-07 10:19
The Bank of England and the UK Treasury have started a consultation process to explore the possibility of introducing a state-backed digital currency (CBDC), the "digital pound". The bodies… Read More
2023-02-07 10:08
FTSE 150 listed healthcare investment company Syncona (LSE: SYNC) reported a decrease in its third quarter net asset value, citing a depreciating US dollar against the pound and a drop in th… Read More
2023-02-07 10:02
Oil prices have risen for the second day in a row, fueled by optimism over China's economic recovery and concerns over supply shortages following a major earthquake in Turkey.Brent crude fut… Read More
2023-02-07 09:46
BP shares have soared 4% as the oil giant announced a 10% hike in its dividend payout for shareholders and a share buyback of £2.3 billion ($2.75 billion). The Brent crude price also r… Read More
2023-02-07 09:38
Oil giant BP (LSE: BP) has announced a record profit of £23 billion for 2022, marking it the biggest in its 114-year history. The surge in profits is attributed to high energy prices… Read More
2023-02-06 19:33
Google has stepped up its game in the world of artificial intelligence (AI) chatbots with the launch of its latest offering, Bard. This move comes in response to the popularity of rival AI s… Read More
2023-02-06 18:19
As BP (LSE: BP) prepares to release its Q4 2022 earnings report, many investors are left wondering whether the current dip in BP's share price represents a buying opportunity. Despite a surg… Read More
2023-02-06 17:59
Corporate broker Cenkos believes Australia-based Seeing Machines could be in for a huge market jump, with a potential valuation as a tech unicorn. This would mean an upward growth of about 2… Read More
2023-02-06 17:26
Barclays has issued a downgrade on Virgin Money (LSE: VMUK), shifting their rating from 'Overweight' to 'Equalweight'. This change follows a robust share price performance over the past half… Read More
2023-02-06 16:09
Hedge funds globally have been caught in a tougher short squeeze than the famous meme stock frenzy of 2021, according to a new Goldman Sachs research note. The speed at which hedge funds aba… Read More
2023-02-06 15:37
CFD trading platform, Plus500, has received a permit to operate in the United Arab Emirates, a market with substantial potential. The Dubai Financial Services Authority granted the license… Read More
2023-02-06 15:21
It's been a rough start to the week for the euro, which has slipped to its lowest level since early January. In the European session, the EUR/USD exchange rate was trading at 1.0783, down by… Read More
2023-02-06 12:23
Binance has launched a tool to assist users in determining their tax obligations on crypto transactions. The tool, which is currently available in Canada and France, can report up to 100,000… Read More
2023-02-06 11:59
The race to develop and commercialise AI-powered chatbots is heating up, with tech companies competing to be the best in the game. Microsoft's recent multi-billion-pound investment in OpenAI… Read More
2023-02-06 10:33
FTSE 100 dips below record level, down 0.8% as concerns over US-China relations and interest rates weigh on the market.London's blue-chip benchmark hit a record high of above 7900 on Friday… Read More
2023-02-05 17:31
London-based Made Tech Group (LSE: MTEC) this week revealed its strong performance in the first half of the financial year and is entering the second half with a "record" contracted backlog… Read More
2023-02-05 16:47
The UK government has set its sights on the volatile crypto market, with plans to monitor and regulate activities in the sector. In a recent statement, the Treasury promised to "robustly reg… Read More
2023-02-03 20:56
Darktrace, a UK-based cybersecurity firm, has seen its shares drop to a record low this week after two new short sellers bet against its business. Quintessential Capital Management (QCM) and… Read More
2023-02-03 20:46
A 27-year-old trader, Avraham Eisenberg, is facing criminal and civil charges after allegedly admitting to manipulating Mango Markets.The Securities and Exchange Commission and the Commodity… Read More
2023-02-03 20:35
Craig Wright, the self-proclaimed creator of bitcoin, has been granted the right to pursue his $2.5 billion lawsuit against bitcoin network developers in a London court. The ruling is a sign… Read More
2023-02-03 20:21
EUR/GBP has been steadily climbing towards Rabobank's target of 0.90, with the British Pound being undermined by poor UK fundamentals and the market's interpretation of the Bank of England's… Read More
2023-02-03 18:07
Protecting Crypto Users: A New Regulatory ProposalMarc Hochstein | Coindesk | January 26 2023As crypto continues to make headlines, regulators are paying more attention to this emerging mark… Read More
2023-02-03 17:10
It's been a rough week for Indian tycoon Gautam Adani, the founder of Adani Group. The conglomerate, whose business involves commodities trading, ports, and energy, saw a staggering $100 bil… Read More
2023-02-03 16:05
Gold has taken a sharp turn for the first time since November 2022, with the price of gold tumbling from $1,916 to now trade at $1,874 following a strong US Nonfarm Payrolls report. Gold pri… Read More
2023-02-03 13:08
Sainsbury's shares rose 5.5% last Friday due to stake building by a new investor, Bestway Group, who has bought a 3.5% stake worth nearly £200m. Although Bestway has said that it's not… Read More
2023-02-03 12:39
Nationwide, one of the few UK high street banks not to impose restrictions on cryptocurrency transactions has now restricted card payments to Binance. The building society's website states t… Read More
2023-02-03 12:27
The British pound (GBP) remains close to its weakest position in four months against the euro (EUR/GBP), due to the Bank of England's (BoE) relatively dovish stance. Despite the central bank… Read More
2023-02-03 11:28
Marks & Spencer's shares (LSE: MKS) have been boosted by a positive report from Deutsche Bank, which has recommended a "buy" for the high street chain and believes it will continue to th… Read More
2023-02-03 11:10
The recent surge in bitcoin price towards the $24,250 mark was short-lived as market enthusiasm over the US Federal Reserve's interest rate hike dissipated. The bitcoin price saw a dip this… Read More
2023-02-03 10:54
Yesterday was a stellar day for equities, as the market was buoyed by dovish commentary from the European Central Bank (ECB) and the Bank of England (BoE), as well as optimistic remarks from… Read More
2023-02-03 10:22
Shell boasts staggering £30bn profit in historic financial yearThe oil giant, Shell, has made waves in the financial world with its record-breaking £30bn profit for 2022. This fi… Read More
2023-02-03 10:04
Warren Buffett's company, Berkshire Hathaway, is known for its diverse portfolio of investments. Each quarter, the company must report its current holdings, including the size of each invest… Read More
2023-02-03 09:50
Billionaire investor Ray Dalio recently aired his thoughts on Bitcoin and stablecoins on CNBC's Squawk, and his views caused quite a stir in the crypto community. Dalio stated that neither B… Read More
2023-02-03 09:42
The euro has been on a wild ride following this week's central bank rate announcements. The Fed's 25 basis point hike initially pushed the euro up by 1.16%, while the ECB's surprise hike of… Read More
2023-02-03 09:24
A class-action lawsuit has been filed against YouTube influencer Logan Paul and his associates over the failed CryptoZoo NFT project, as per a court filing on February 2nd. The lawsuit was f… Read More
2023-02-03 09:22
BT Group (LSE: BT.A) has reported a 49% increase in post-tax profits to £1.3 billion for the last nine months of 2022, despite a 3% decline in total revenue to £15.6 billion. The… Read More
2023-02-02 16:03
According to a filing with the United States Securities and Exchange Commission on Jan. 31, Tesla, the electric car manufacturer, experienced a loss of £113.5m ($140m) on its Bitcoin i… Read More
2023-02-02 15:52
The world's leading central banks have come together to hike interest rates, as the European Central Bank (ECB) and Bank of England (BoE) followed the lead of the US Federal Reserve. Despite… Read More
2023-02-02 12:55
Nvidia shares rise amid ChatGPT buzzInvestors are buzzing about the potential of language chatbot ChatGPT, which is set to drive companies to escalate their artificial intelligence initiativ… Read More
2023-02-02 11:14
Royal Dutch Shell Plc, the largest company listed on the FTSE 100, reported a record profit of $40 billion for the year 2022. Despite this, the firm's share price barely moved, remaining unc… Read More
2023-02-02 10:55
Retail giant JD Sports (LSE: JD) has announced its goal to achieve an annual operating profit of £1 billion within the next five years. The company will lay out its international expan… Read More
2023-02-02 10:51
The London stock market has seen a rise in growth and technology stocks, pushing the FTSE 100 index close to a record high. The optimistic mood was driven by Wall Street's belief that the Fe… Read More
2023-02-02 10:48
Tech stocks have seen a surge in the UK today, following a successful session on Wall Street last night. Ad agency WPP and Scottish Mortgage Investment Trust have both benefited from the rea… Read More
2023-02-02 10:44
Energy giant Shell (LSE: SHELL) has reported annual profits of nearly £32 billion ($40 billion), marking the company's largest-ever earnings and one of the highest figures ever recorde… Read More
2023-02-01 14:30
Jack Barnett from CityAM says that the Bank of England (BOE), US Federal Reserve (FED), and European Central Bank (ECB) could begin cutting interest rates sooner than expected, taking cues f… Read More
2023-02-01 14:16
Tether's Chief Technology Officer, Paolo Ardoino, has come forward to deny any rumours of the stablecoin issuer borrowing money from Celsius. The claims were made in a recent report by Celsi… Read More
2023-02-01 13:28
January saw ASOS emerge as the best-performing stock in the FTSE 350, experiencing a 71% rise so far this year. Although the stock has made some gains, it still remains nearly 90% below its… Read More
2023-02-01 10:09
GlaxoSmithKline (GSK) (LSE: GSK), the London-based pharmaceutical company, has announced higher profits and revenues, attributed to the success of its shingles vaccine, Shingrix. In 2022, sa… Read More
2023-02-01 10:00
Vodafone (LSE: VOD) shares have plummeted 3% or 2.9p to 90.3p after delivering underwhelming revenues for the third quarter. The shares have fallen 28% over the past year and by 59% across t… Read More
2023-02-01 09:58
According to a research report released by crypto services provider Matrixport, U.S. institutions have likely played a key role in the recent surge in bitcoin (BTC) prices. In January, the c… Read More
2023-01-31 14:22
AG Barr (LSE: BAG), the soft drinks giant behind Irn-Bru and Tizer, is set to exceed market forecasts for its full-year sales and profits. The Scottish company predicts 17% growth in revenue… Read More
2023-01-31 10:55
Pets at Home (LSE: PETS), a leading pet retailer in the UK, has raised its full-year profit forecast after recording significant growth in its retail division during the third quarter. Despi… Read More
2023-01-31 10:46
The World Gold Council (WGC) has reported that central banks added 1,136 tonnes of gold, worth approximately £70 billion, to their stockpiles in 2022. This is the largest increase in a… Read More
2023-01-30 15:28
JD Sports Fashion (LSE: JD) has announced that it has fallen victim to a cyber attack, in which the data of up to 10 million customers may have been accessed. The attack is believed to have… Read More
2023-01-30 15:15
Property management company Shaftesbury (LSE: SHB) has reported a "buoyant" Christmas period for its West End estate in London, with growing footfall and trading despite the wider economic c… Read More
2023-01-30 15:10
Ryanair (LSE: RYA), the budget airline, has reported a swing to a net profit of €211 million in the third quarter, up from a loss of €96 million in the same period a year earlier… Read More
2023-01-27 15:54
British fashion retailer Superdry saw its shares plummet 16.5% in early trading, following the company's decision to downgrade its full-year guidance. This comes after the company reported s… Read More
2023-01-27 12:30
Regulators in the United Kingdom have revealed that the vast majority of cryptocurrency companies seeking to do business in the country have failed basic checks needed to operate. According… Read More
2023-01-27 12:07
British wholesaler, Bestway, has revealed that they have taken a near £200 million stake in Sainsbury's.Bestway is currently the seventh-largest family-owned business in Britain, with… Read More
2023-01-26 11:35
Markets anticipate that the Bank of England will increase interest rates by 50 basis points to four percent next week, which would be the highest level since the financial crisis.Traders in… Read More
2023-01-26 11:20
British low-cost leisure airline Jet2 announced on Thursday that it has upgraded its full-year profit expectations due to strong winter forward bookings.The company stated in an update for t… Read More
2023-01-25 14:14
Rolls-Royce has seen a significant increase in its stock value recently. The company's shares have risen by 65% since October, although they still remain 6% lower compared to the previous ye… Read More
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