Computacenter's shares fell 3% to 5,050p following a sell-off after earnings upgrades and raised guidance for the 2026 financial year. JP Morgan maintains an 'overweight' rating, citing a strong order book exceeding £9 billion and expects two-thirds to convert to revenue in 2026. Analyst Joseph George anticipates further earnings upside from new business with hyperscale and enterprise customers, keeping Computacenter as a top pick despite a premium valuation of around 20 times forecast earnings for 2027. The fourth quarter, being the largest trading period, is expected to support continued growth and raised guidance.
Cryptocurrency markets saw a general decline with major coins like Bitcoin dropping 2.03% to $77,737 and Ethereum falling 1.66% to $2,457.87. Other notable cryptocurrencies such as Binance Coin, XRP, and Dogecoin also experienced significant decrease...
Alphabet's shares fell 7.46% over the past month, underperforming the Nasdaq despite strong fundamentals like 24.23% revenue growth and robust AI investments. The company leads in search, video, cloud, and AI, with Google Cloud revenue up 82% year-ov...
On September 8, XRP spot ETFs attracted about $1.55 million in net inflows, making them the only crypto ETFs to see daily gains. In contrast, ETFs for Bitcoin, Ethereum, Solana, and Hyperliquid experienced net withdrawals on the same day. This highli...
Duke Energy (DUK) is positioned as a solid long-term investment due to its regulated profits from essential infrastructure and a growing dividend yield of 3.6%. The company benefits from an expansive grid and nuclear fleet, which support rising elect...
Equinix has named DD Dasgupta as its new Chief Marketing Officer. Dasgupta brings over 25 years of experience in digital infrastructure and has been with Equinix since 2024, previously leading product and solution marketing. His appointment comes as ...
