Panmure Liberum has upgraded CMC Markets PLC from 'hold' to 'buy' following a significant increase in the company's earnings guidance for the financial year ending March 2027. CMC Markets now expects net operating income of £550 million, well above the previous forecast range of £460-£480 million. This upgrade reflects a structural shift in earnings driven by new product launches, faster growth in the business-to-business segment, and operating leverage that keeps costs stable despite rising revenue. The broker raised its price target to 700p from 380p, signaling strong confidence in CMC Markets' improved profitability and growth trajectory. Shares rose 8% to 701.2p in response.
The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Viasat and BMW Group have successfully demonstrated the first integrated automotive satellite voice call, allowing drivers to make calls directly through the car's infotainment system even in areas without cellular coverage. This advancement, utilizi...
Iran has warned it will retaliate fiercely if the US targets its infrastructure, following President Trump's threat to strike Iranian power plants and bridges next week if negotiations fail. The US recently conducted airstrikes against Iranian milita...
Solana (SOL) maintains its price in the mid-$70 range, supported by several key developments. These include Circle's recent issuance of $500 million in USDC on the Solana network, increasing liquidity and transactional demand. Additionally, instituti...
