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LSE:ASC 22 November 2025 - 23 April 2026

UK Stock Market Today: FTSE 100 Slides as Oil Tops $103, Sainsbury and WH Smith Warn on Profits

UK Stock Market Today: FTSE 100 Slides as Oil Tops $103, Sainsbury and WH Smith Warn on Profits

London’s FTSE 100 fell 0.59% to 10,414.79 by 08:38 BST as Brent crude climbed above $103 and Sainsbury and WH Smith issued fresh profit warnings. March UK inflation accelerated to 3.3%, and consumer optimism hit a record low. Sainsbury flagged Iran war risks to its 2026/27 profit, while WH Smith cut its outlook and suspended its dividend. Britain’s budget deficit narrowed, but March borrowing exceeded forecasts.
23 April 2026
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Stock Market Today

  • Wise Group (WSE) Gains Analyst Attention with Nasdaq Listing and New Multi-Currency Feature
    June 9, 2026, 1:06 PM EDT. Wise Group plc (NASDAQ:WSE), a global payments firm, began trading on Nasdaq on May 11 while keeping its London Stock Exchange listing. BNP Paribas initiated coverage with an Outperform rating and a 1,240 GBp price target. The company recently launched a multi-currency Interest feature in Canada, allowing customers to earn interest on EUR, GBP, CAD, and USD balances without minimums or penalties. Wise offers cross-border payment solutions to banks and consumers. Analysts see potential but suggest some AI stocks present higher upside and lower risk. Wise's Nasdaq debut and product innovations mark key growth steps.

Latest articles

United Natural Foods Shares Fall After Revenue Miss

United Natural Foods Shares Fall After Revenue Miss

9 June 2026
United Natural Foods plunged 12.4% to $45.25 after quarterly revenue missed estimates, falling 4.2% to $7.72 billion versus the $7.80 billion consensus, with full-year guidance also slightly below Wall Street expectations, despite matching adjusted EPS and improved profit and debt metrics.
BlackBerry Shares Stall After QNX Push

BlackBerry Shares Slip Ahead of Results — What’s Moving BB Today

9 June 2026
BlackBerry’s U.S. shares plunged 8.5% to $8.50 as investors braced for the June 25 earnings report, with focus on whether the company can meet its bullish Q1 revenue forecast of $132–$140 million, well above analysts’ estimates, after QNX’s 20% revenue jump and $950 million royalty backlog last quarter.
Chip Selloff Trips Up Wall Street’s AI Rally

Chip Selloff Trips Up Wall Street’s AI Rally

9 June 2026
Nasdaq and S&P 500 tumbled midday, erasing early chip-stock gains as tech shares slid; Philadelphia Semiconductor Index dropped 2% after jumping 3%, with Broadcom, Micron, and Nvidia under pressure. Investors await key inflation data Wednesday and SpaceX’s massive IPO, both seen as catalysts for further volatility amid concerns that high valuations in AI and tech could face profit-taking if rate fears persist.
Nintendo and Sanrio Stocks Get New AI Boost

Nintendo and Sanrio Stocks Get New AI Boost

9 June 2026
Nintendo hikes Switch 2 prices in Japan and the US, citing higher memory costs and tariffs expected to add 100 billion yen to annual expenses; investors now question whether Japan’s top entertainment brands like Nintendo and Sanrio can maintain valuations as AI-driven capital shifts toward chips and automation, pressuring stock selection even as the Nikkei rebounds 2.17% after Monday’s sharp drop.
Costco Drops Kirkland Prices While Prepping New Florida Warehouse

Costco Drops Kirkland Prices While Prepping New Florida Warehouse

9 June 2026
Costco slashed prices on select Kirkland Signature products by up to $10 as part of its strategy to boost membership renewals, but shares barely moved, last at $973.50, down $1.25, after Q3 net sales rose 11.6% to $69.15 billion and net income hit $2.19 billion; management emphasized the cuts are strategic, not a chainwide rollback, amid slowing paid membership growth and ongoing competitive pressure.
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