Stock Market & Financial News
Satsuma shares jump after board overhaul and £40m Bitcoin sale
Satsuma Technology PLC (LSE:SATS) shares rose as much as 28% in early trading after the company announced proposed board changes and the sale of 579 Bitcoin, raising net proceeds of about £40mn. The company said the moves form part of preparations for a planned uplisting to the Financial Conduct Authority's Official List and trading on the London Stock Exchange's main market.
Oracle shares plummet 11% in premarket, dragging down AI stocks
Oracle shares sank on Wednesday after revenue earnings missed analyst expectations. The database software maker extended losses on Thursday.
Bank of America Corporation (BAC) Presents at Goldman Sachs 2025 U.S. Financial Services Conference Transcript
Bank of America Corporation (BAC) Presents at Goldman Sachs 2025 U.S. Financial Services Conference Transcript
Allergy Therapeutics steadies finances as it eyes Hong Kong listing
Allergy Therapeutics PLC (AIM:AGY, OTC:AGYTF) has posted broadly steady annual results and outlined plans that point to a busier year ahead, including the possibility of a second stock market listing in Hong Kong. The biotechnology group, which develops treatments designed to reduce sensitivity to common allergens such as grass pollen and peanuts, reported revenue of £55 million for the year to 30 June, almost unchanged from the previous year's £55.2 million.
Main Street Capital: Wait For Better Entry, But Large Premium Valuation Justified
Main Street Capital remains a resilient BDC, offering a 6.9% dividend yield and consistent monthly payouts, underpinned by strong portfolio performance. MAIN trades at an 88.87% premium to NAV, above its five-year average, justifying a hold rating despite solid Q3 results and NAV growth. Net investment income covers dividends at 132%, supporting both regular and supplemental distributions, with management confident in future earnings stability.
Global Markets Fall as Oracle Selloff Drags Tech Stocks
A slump in Oracle's shares aftermarket returned investors' focus to the sustainability of the AI-led boom, dragging down markets in Asia and Europe.
Exclusive: Prada to launch $930 ‘Made in India' sandals after backlash
Prada will make a limited-edition collection of sandals in India inspired by the country's traditional footwear, selling each pair at around 800 euros ($930), Prada senior executive Lorenzo Bertelli told Reuters, turning a backlash over cultural appropriation into a collaboration with Indian artisans.
Ilika shares up 4% as it ships new Goliath battery prototypes
Shares in Ilika PLC (AIM:IKA, OTCQX:ILIKF) rose 4% to 44.2p after the solid-state battery developer began shipping its latest 10Ah Goliath prototypes, a step the company said keeps it on schedule for commercialisation. The new cells, aimed at customers across several industries, including automotive, offer five times the capacity of the 2Ah versions released in July 2024.
Google's AI unit DeepMind announces its first 'automated research lab' in the U.K.
Google DeepMind unveiled plans for its first "automated research lab" in the U.K. on Thursday. The lab will use AI and robotics to run experiments and will open next year, giving British scientists priority access to some of the world's most advanced AI tools, the U.K. government said.
The Gabelli Small Cap Growth Fund Q3 2025 Contributors And Detractors
During Q3 2025, Gabelli Small Cap Growth Fund underperformed the Russell 2000 Total Return Index, S&P SmallCap 600 Total Return Index, and Lipper Small-Cap Core Funds Average. The better performing stocks in (y)our portfolio included Mueller Industries, Inc., Gorman-Rupp Co., and GATX Corp. Detractors from (y)our fund's performance included Ryman Hospitality Properties, Inc., Badger Meter, Inc., and Herc Holdings, Inc.
ASML's Moat Makes It A Must-Have AI Play - Even If The Entry Point Isn't Perfect
ASML Holding remains a must-own AI portfolio position, boasting an unrivaled EUV lithography moat and diversified customer base. Despite a premium valuation (~38x forward PE), ASML's risk-reward is compelling due to stable demand, a robust order book, and limited competitive threats. High-NA system adoption, advanced packaging wins, and strong installed base sales underpin resilient growth, though cyclicality and geopolitical risks persist.
Exclusive: Thyssenkrupp to close electrical steel sites as Asian imports put additional 1,200 jobs at risk
Thyssenkrupp's steel unit said it will temporarily shut down production of electrical steel in Europe, a key material used in wind turbines and power grids, blaming cheap imports from Asia that it warns are putting an additional 1,200 jobs at risk.
Duolingo: Clear Market Mispricing And Durable Engagement
Duolingo is rated a Strong Buy after a 65% decline, with market overreaction to user growth and AI fears creating a mispricing opportunity. DUOL's data monopoly, high engagement, and expansion into non-language verticals position it for durable growth despite short-term volatility and AI-driven course quality concerns. Management's shift to prioritizing long-term user growth and ROI aligns with patient, risk-tolerant investors seeking exposure to a speculative, high-upside education technology leader.
Exclusive: Mexico tariff hike to hit $1 billion India car exports despite automaker lobbying
Mexico's decision to raise tariffs as high as 50% will affect $1 billion worth of shipments from major Indian car exporters, including Volkswagen and Hyundai, despite industry lobbying to persuade New Delhi to prevent such a move, according to two sources and a letter from an industry group reviewed by Reuters.
Waymo recalls and fixes over 3,000 vehicles over software issue, NHTSA says
Alphabet unit Waymo recalled 3,067 of its vehicles in the United States over a software issue which was fixed through an update, the National Highway Traffic Safety Administration (NHTSA) said on Thursday.
US phone imports from Samsung hub Vietnam hit lowest level since 2020
U.S. imports of telephones and parts from Vietnam, one of its top suppliers, fell to their lowest levels in more than five years in November, according to official Vietnamese data, as exporters led by Samsung Electronics faced trade uncertainties and slowing consumer demand.
Oracle's AI promises fail to calm investors after bruising sell-off
Oracle Corp (NYSE:ORCL, XETRA:ORC) shareholders were left reeling after a sharp after-hours slump that wiped 11% from the stock, setting up a rough start to Thursday trading. The fall came even as the company posted strong headline numbers, underscoring how sensitive the market has become to any hint that the AI boom might not deliver quick returns.
Planet Labs PBC (PL) Q3 2026 Earnings Call Transcript
Planet Labs PBC ( PL ) Q3 2026 Earnings Call December 10, 2025 5:00 PM EST Company Participants Cleo Palmer-Poroner William Marshall - Co-Founder, CEO & Chairman of the Board Ashley Whitfield Johnson - President & CFO Conference Call Participants Ryan Koontz - Needham & Company, LLC, Research Division Xin Yu - Deutsche Bank AG, Research Division Mike Latimore - Northland Capital Markets, Research Division Colin Canfield - Cantor Fitzgerald & Co., Research Division Jeff Van Rhee - Craig-Hallum Capital Group LLC, Research Division Kristine Liwag - Morgan Stanley, Research Division Trevor Walsh - Citizens JMP Securities, LLC, Research Division Gregory Pendy Christopher Quilty - Quilty Space Inc., Research Division Presentation Operator Thank you for joining us, and welcome to the Planet Labs PBC Third Quarter of Fiscal 2026 Earnings Call. [Operator Instructions] I will now hand the conference over to Cleo Palmer-Poroner, Director of Investor Relations.
Opera: An AI-Accelerated Browser Play With Much More Room To Run
Opera is rated Buy with a $17.6 price target, implying 27% upside and market outperformance. OPRA delivered 30% revenue growth and above-market margins, but recent margin erosion warrants close monitoring. Q3 2025 saw 23% revenue growth and strong advertising momentum, though the bottom line missed estimates and margins contracted.
Schneider Electric Expands Revenue Target, Plans Buyback Program
The company now expects organic revenue growth of between 7% and 10% for 2026 to 2030 and plans a $4.09 billion buyback.
Nano One: After A 24% Drop Is It A Buy?
Nano One advances two revenue streams: in-house LFP cathode production and licensing its patented 'One Pot' lithium processing technology. Plans to expand the Canadian cathode facility from 200 to 1,000+ tonnes could attract defense contracts and validate NNOMF's technology. Nano One recently received lithium samples from Standard Lithium, further advancing the potential Arkansas relationship.
Arbor Realty: Why Insiders Kept Buying (Rating Upgrade)
Arbor Realty Trust is upgraded to buy, driven by persistent insider purchases and Q3 financial updates. Insiders acquired $2.88M in ABR shares with no sales in the past year and bought multiple sizable batches since June at prices close to its current market price. ABR's Q3 earnings showed some unevenness, but its dividend was maintained at $0.30 per share.
Natural Gas and Oil Forecast: Rising OPEC Output and Trendline Breaks Challenge Bullish Outlook
OPEC supply growth and key trendline breaks pressure natural gas and oil prices, raising downside risks as traders assess shifting market momentum.
Anglo Asian lifts copper output after upgrades at Gedabek plant
Anglo Asian Mining Plc (LSE:AAZ, OTC:AGXKF) has begun operating two new large filter presses and a new thickener at its Gedabek flotation plant in Azerbaijan, clearing a processing bottleneck and helping the company deliver its highest monthly copper output on record. The equipment, sourced from Yon Proses & Filtrasyon Teknoloji in Türkiye for $500,000, replaces older filter presses that were struggling to cope with higher-grade ore from the Gilar mine, which started production in May.
Ghana temporarily pauses approval of Atlantic Lithium's Ewoyaa mining lease
Atlantic Lithium Ltd (AIM:ALL, ASX:A11, OTCID:ALLIF) says Ghana's parliament has temporarily put a hold on the approval process for a mining lease for its Ewoyaa project to allow more consultation on the country's mining code and how royalties are applied. The company, which wants to develop Ghana's first lithium mine, said the pause relates to a wider review rather than any project-specific issue.
Ilika begins shipping next-generation solid-state batteries
Ilika PLC (AIM:IKA, OTCQX:ILIKF), the solid-state battery specialist, has started sending out its latest Goliath prototypes, a step the company says puts it firmly on schedule as it works towards commercial production. The new 10Ah cells, which are heading to customers in several industries, including carmakers, carry five times the capacity of the 2Ah versions Ilika released in July 2024.
South Korea's SK On, Ford Motor to end US battery joint venture
South Korean battery maker SK On said on Thursday that it has decided to end its joint venture with Ford Motor for their two joint battery factories in the United States.
Steadfast Group Limited (SFGLF) Shareholder/Analyst Call Transcript
Steadfast Group Limited (SFGLF) Shareholder/Analyst Call Transcript
STMicroelectronics announces 1-billion-euro credit line with the EIB
Chipmaker STMicroelectronics said on Thursday it had established a 1 billion euro ($1.2 billion) credit line with the European Investment Bank (EIB).
Oracle shares drop 12% in Europe after forecasts miss Wall St targets
Shares in Oracle opened almost 12% lower in Frankfurt, tracking U.S. afterhour losses after the company forecast sales and profit that missed analyst estimates.
