A Novuna Business Finance survey revealed that 83% of Scottish small and medium enterprises face significant external barriers to growth with macro-economic uncertainty topping the list.
Month: May 2026
UK Supply Chains Underprepared for Major Shocks Warns National Preparedness Commission
The National Preparedness Commission cautioned that Britain’s supply chains are significantly more vulnerable to major disruptions than those of other leading European nations.
Wells Fargo Sets $450 Price Target for FedEx Forecasting 14.2% Upside Over a Year
Wells Fargo analysts published a new price target of $450 for FedEx Corporation implying around 14% upside for investors over the coming 12 months.
Booz Allen Hamilton Beats Q4 Earnings Estimate Posting $1.78 Per Share Adjusted EPS
Booz Allen Hamilton reported fourth-quarter adjusted earnings of $1.78 per share surpassing the Zacks consensus estimate of $1.32 sending its stock up 3.1%.
Two-Thirds of US Consumers Cutting Spending Due to Rising Prices: Survey
A Conference Board survey found that approximately two-thirds of American consumers have reduced overall spending in May 2026 in response to persistent price increases.
US Consumer Confidence Index Falls to 93.1 in May on Inflationary War Pressures
The Conference Board’s Consumer Confidence Index dropped to 93.1 in May as escalating prices linked to the Middle East conflict eroded household sentiment.
UBS Nearly Triples Micron Price Target Citing AI Memory Industry Transformation
UBS analysts significantly raised their price target for Micron Technology arguing that AI adoption will fundamentally reshape the global memory chip industry’s economics.
Nasdaq Composite Reaches Record 26656 as Technology Stocks Lead Session Gains
The Nasdaq Composite closed at an all-time high of 26656.18 on Tuesday driven by strong buying in semiconductor and AI-linked technology companies.
Micron Technology Tops $1 Trillion Market Cap as Shares Surge 19% on AI Enthusiasm
Micron Technology crossed the $1 trillion market capitalisation threshold for the first time after its stock surged 19% following bullish AI-driven analyst upgrades from UBS.
S&P 500 Closes at Record High of 7519 Led by Tech Rally on Iran Deal Hopes
The S&P 500 hit a new all-time high of 7519.12 on Tuesday as investors expressed optimism about a potential diplomatic resolution to the US-Iran conflict.