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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

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FIVE at FIVE: Nvidia's slump, BA owner target price cut, UK energy gloom and L&G’s profit growth

Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news

1. Bitcoin behind Nvidia's profit warning?

The NASDAQ-100 maker of GeForce graphics cards — a staple in any serious gamer’s rig — expects revenues of its gaming segment to fall by 44%

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2. British Airways owner still a buy despite a target price cut

"The outlook from the European airlines was constructive on summer trading on bookings and pricing which resulted in share prices rising across the board over the last 30 days."

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3. UK energy bills to climb higher than previously thought

Cornwall Insight raised its forecast for the average bill from October by £223 to £3,582 a year and by more than £650 to £4,266 from January 2023.

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4. FTSE 100 just marginally higher

At the close, the UK blue-chip index was 5.78 points, or 0.01% higher at 7,488.15, below the session peak of 7,504.64 but above the day’s low of 7,475.04.

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5. Legal and General sees profits grow

The FTSE 100-listed insurance company said its retail insurance business generated the most growth, with profits 14% higher at £332mln.

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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK