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LSE:BT.L 21 May 2026

FTSE 100 Slips Today as BT, Sage and Oil Risks Put London Stocks on Edge

FTSE 100 Slips Today as BT, Sage and Oil Risks Put London Stocks on Edge

FTSE 100 fell 0.34% to 10,396.72 in early London trading, reversing part of Wednesday’s rally. BT reported flat core earnings at £8.2 billion as fibre demand offset a 3% revenue drop. Sage lifted its FY26 revenue outlook after first-half revenue rose 11%. easyJet posted a £552 million loss and warned of uncertainty due to higher fuel costs and weaker bookings.

Stock Market Today

  • BHP Group Board Addition May Impact Copper-Led Investment Thesis
    May 21, 2026, 5:03 AM EDT. BHP Group has appointed Mark Vassella, a former BlueScope Steel CEO, as a Non-executive Director, bringing 40 years of expertise in steel, decarbonisation, and capital allocation. Vassella's experience complements BHP's strategic shift towards copper and potash projects, which now represent about 51% of its earnings before interest, tax, depreciation, and amortisation (EBITDA). This appointment reinforces governance rather than altering near-term growth drivers. Investors should weigh the increased institutional interest in copper exposure against ongoing risks like project delays, regulatory challenges, and rising costs. Forecasts predict BHP will generate A$55.9 billion revenue and A$13.1 billion earnings by 2029, but downside risks keep the fair valuation estimate at A$53.40, about 10% below the current stock price. Mark Vassella's board role could influence perceptions of BHP's long-term growth amid a complex risk environment.

Latest articles

T1 Energy Stock Jumps 26% as Roth Pushback Turns Short-Seller Hit Into a Rally

T1 Energy Stock Jumps 26% as Roth Pushback Turns Short-Seller Hit Into a Rally

21 May 2026
T1 Energy Inc. shares jumped 26.45% to $8.70 Wednesday after heavy trading and recent volatility. The move follows a short-seller report alleging hidden Chinese ties and tax-credit risks, countered by a Roth Capital analyst’s defense and news of a major institutional stake. T1 reported a $21.4 million net loss but positive adjusted EBITDA and maintained its 2026 production guidance.
Intuit Inc. Expands Credit Karma and QuickBooks AI Push as INTU Stock Slips

Intuit Falls as TurboTax Forecast Cut Weighs on Shares Despite Profit Beat

21 May 2026
Intuit shares fell 13.4% in late trading after the company cut its 2026 TurboTax revenue forecast and announced a 17% reduction in full-time staff, affecting about 3,000 roles globally. The stock closed Wednesday at $383.93 before dropping to $332.48 after hours. Intuit will close its Reno and Woodland Hills offices, with U.S. layoffs effective by July 31.
HMRC pay code error could cut UK take-home, warns tax accountants

HMRC pay code error could cut UK take-home, warns tax accountants

21 May 2026
Hundreds of Zopa customers and potentially thousands of UK savers have had tax codes changed after HMRC used incorrect savings-interest data, including wrongly treating tax-free ISA interest as taxable. Some savers saw pay drop or overpaid tax before errors were fixed. HMRC said affected taxpayers should contact the agency if their records are wrong.
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