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LSE:HL.L News 7 January 2026

FTSE 100 Forecast 2026: UK Stock Market Pulls Back From Records as Oil Slides

FTSE 100 Forecast 2026: UK Stock Market Pulls Back From Records as Oil Slides

London, Jan 7, 2026, 10:52 GMT — Regular session UK shares slipped on Wednesday, with the FTSE 100 down 0.7% at 10,054.34 points by 1052 GMT. BP and several miners were among the heaviest drags after the benchmark’s recent run of records. Hargreaves Lansdown The index only logged its first close above 10,000 on Monday at 10,004.57, led by precious-metal…
7 January 2026
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Stock Market Today

  • Ashton Thomas Private Wealth Buys $129M Stake in Chime Financial Despite IPO Pullback
    January 29, 2026, 7:14 PM EST. Fintech firm Chime Financial, known for mobile-first, fee-free banking, sees a new $129 million bet from Ashton Thomas Private Wealth, which acquired 5.13 million shares or 3.1% of its assets under management. Despite shares trading slightly below their June IPO price, Chime is shifting from a growth story to operating leverage, with revenue up 29% year-over-year and adjusted EBITDA showing a $29 million profit. The company targets U.S. consumers earning under $100,000 and generates revenue primarily through interchange fees on transactions made via FDIC-insured banking partners. The timing follows Chime's raised full-year guidance and a $200 million share repurchase announcement, highlighting investor conviction in consumer finance amid broader market caution.
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