Ocado’s yo-yoing stock swings up again: Will critics ‘put away knives they’ve been sharpening’? July 16, 2024 A strong set of results this morning sent Ocado’s stock up 18 per cent, a day after a downgrade from leading broker Bernstein sent it down 10 per cent yesterday. In its interim results for the 26 weeks to 2 June 2024, the company reported revenue of £1.5bn, up by 12.6 per cent year on [...]
Ocado shares lead the FTSE 250 as chief announces ‘clear roadmap’ to profit July 16, 2024 The company told markets this morning, that it had revenue of £1.5bn, up by 12.6 per cent year on year, driven by 22 per cent growth in technology solutions.
Ocado: Shares in M&S-linked grocer tumble after being labeled ‘underperforming’ July 15, 2024 Shares in M&S-linked grocer Ocado have tumbled after being branded as 'underperforming' only a few weeks after being demoted from the FTSE 100.
Kiss from a rosé: how the pink drink won our hearts July 9, 2024 There may once have been a certain snobbery surrounding rosé wine but now it's serious business – and seriously good
Barratt becomes one of the most hated shares in the UK despite Labour bounce July 9, 2024 Barratt is due to make a trading announcement tomorrow. Analysts expect operating profit to more than halve from £863m to £357m for the year, thanks to higher interest rates and inflationary pressures.
Ocado continues foray into Japanese market with expanded Aeon partnership July 8, 2024 In May, Ocado held its position as the fastest growing grocer for the third month in a row, as efforts to cut prices continued to pay off.
Supermarkets hope for Euro 2024 boost as Asda and Co-op lose ground June 18, 2024 Asda and the Co-op are the only major supermarket brands in the UK to have lost market share over recent weeks, according to new figures.
Wayve: Loss widens at British AI darling backed by Nvidia, Microsoft and Softbank June 12, 2024 Wayve, the British artificial intelligence (AI) start-up that secured an investment of more than £800m recently, saw its losses pass £40m during its latest financial year.
Tesla out, Nvidia in: Where investors are putting their money June 11, 2024 Nvidia, Tesla and commodities: Victoria Scholar takes the Notebook pen to talk about the latest trends in retail investment.
FTSE 100 reshuffle: Ocado and St James’s Place out, and one surprising new entrant June 6, 2024 The FTSE 100 index has lost some well-known names but gained one unexpected addition.