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Gaming stocks enjoy revival as Nintendo Switch 2 is launched
Thursday 19 Jun 2025A period in the sun during the pandemic, when alternative sources of entertainment were closed off to people, has been followed by a more difficult period for the video games industry. However, there have been some recent signs of life in the sector, perhaps most notably with the reception for the...
Where does CarMax stand on growth plans?
Thursday 12 Jun 2025Online used car dealer CarMax (KMX:NYSE) might pine for the lockdown days of Covid. Since peaking at nearly $155 in November 2021, the stock has been freewheeling downhill ever since, plagued by macro uncertainties, falling used car prices and a generally capricious investment backcloth. The big...
Where does WPP go next as CEO heads for the exit?
Thursday 12 Jun 2025The CEO of WPP (WPP) , Mark Read, announced his retirement from the advertising giant after seven years at the helm on 9 June. Read will be staying on at the communications company until the end of year until a successor is found to ensure a ‘smooth transition’ according to WPP chair Philip Jansen...
The UK market still shrinking as more mid-cap companies are taken over
Thursday 12 Jun 2025The takeover bandwagon is picking up speed as the year progresses with deals seemingly now being announced each week. On 9 June US chipmaker Qualcomm (QCOM:NASDAQ) agreed to take over Alphawave IP Group (AWE) , which designs high-speed data transmission technology and licences it to semiconductor...
Resilient US jobs report sends stocks higher but concern lingers
Thursday 12 Jun 2025Despite a raft of weak economic data recently, markets finished with a flurry on 6 June after the S&P 500 gained more than 2% and the small cap Russell 2000 index jumped more than 3%. The market’s enthusiasm was sparked by a surprisingly resilient jobs report which showed the US economy added...
Vanquis Banking has been the standout performer in a strong financial sector
Thursday 12 Jun 2025UK bank stocks have done well this year, thanks to expectations of lower interest rates and a mortgage market which is heating up. Shares in Barclays (BARC) are up 22%, while NatWest [NWG) shares are up 32% and Lloyds (LLOY) are up 40%. One of the best-performing stocks of 2025 is sub-prime lender...
Can Carnival make waves with investors again?
Thursday 12 Jun 2025Following a strong 2024 rally, Carnival’s (CCL) shares have fallen roughly 15% year-to-date compared with a gain of similar magnitude for rival Royal Caribbean Cruises (RCL:NYSE) . As such, there’s pressure on the P&O, Cunard and Princess cruise line operator to dock with solid second-quarter...
Gem Diamonds has been in a downward trend for a decade
Thursday 12 Jun 2025Diamonds may be a girl’s best friend, but they don’t seem to be a good friend to investors if the share price of Lesotho mine-owner Gem Diamonds (GEMD) is any guide. The firm owns a 70% stake in the Letseng mine, which is famous for producing large, exceptional white diamonds, making it the highest...
SRT Marine shares sail to all-time high on latest systems order
Thursday 05 Jun 2025As a long-term price chart shows, shareholders in marine security and defence firm SRT Marine Systems (SRT:AIM) are well used to choppy waters, but even the most seasoned investors will be rubbing their eyes at the stock’s performance this year. At the time of writing the shares are up 24% on the (...
Eagle Eye shares hit five-year low on loss of major US contract
Thursday 05 Jun 2025It has been a poor 2025 for shareholders in AI-enabled marketing company Eagle Eye Solutions (EYE:AIM) , starting with a warning in January that sales this and next financial year would miss forecasts due to a significant fall in professional services revenue and lengthening sales cycles due to the...