In today’s Podcast, the Sharesify team talk profit warnings, AI meme stocks, streaming, beauty, alternative fuels and much more. James dissects the latest retail updates including solid figures and a fresh share buyback from Tesco (TSCO) and another downgrade from curtains-to-cushions seller Dunelm (DNLM). He explains why a profit warning from flexible office space firm Workspace (WKP) gave Saba Capital a bloody nose. James also wonders aloud if the meme stock craze is back after US shoe brand Allbirds (BIRD) took flight on plans to pivot from footwear to artificial intelligence (AI). Next up, Steven explains why Netflix (NFLX) stock took a pounding despite…

Greencoat UK Wind (UKW) warned the UK government’s change to the inflation link in renewable subsidies could reduce net asset value (NAV) by between 3p and 5p per share. In Parliament yesterday, the government announced plans to remove the carbon price support (CPS) tax on fossil fuels used in electricity generation from April 2028. This has put more pressure on the valuations of renewable energy trusts. High yielder blown lower A quarterly dividend-payer offering a 10% yield, Greencoat UK Wind has increased its shareholder reward for 12 consecutive years by at least the rate of retail price inflation. Greencoat UK…

Shares in Workspace (WKP) plunged after the flexible office space firm warned of a ‘substantial step down’ in FY27 profits. Investors headed for the exits as Workspace also rebased the dividend due to the need to invest in its portfolio to reposition the business. The stock price slump left activist shareholder Saba Capital with a bloody nose. The US hedge fund has been pushing for a managed wind-down of the Real Estate Investment Trust (REIT). Saba has argued Workspace should sell assets and return capital to shareholders, citing a wide and persistent discount to net asset value (NAV) as well…

Britain’s biggest retailer Tesco (TSCO) delivered sales growth across all markets in FY26. The supermarkets giant is now sitting on its highest UK market share in over a decade. FY26 results revealed better-than-expected profits. And Tesco also treated investors to a fresh £750 million share buyback. While the groceries goliath warned about the ‘uncertainty’ arising from the war in Iran, the shares ticked higher in early dealings. Profit beat For the year to February 2026, group sales excluding fuel grew 4.6% to £66.6 billion with like-for-like sales up 3.5%. Tesco reported growth across the board. UK like-for-like sales rose by…

Shares in Dunelm (DNLM) dropped after the UK homewares leader warned FY26 profits are expected to be towards the lower end of consensus estimates. The cushions-to-curtains seller pinned the blame on a recent period of ‘broad-based softening’ in demand. And with war in the Middle East creating a ‘more uncertain external environment’, the ‘Home of Homes’ doesn’t see consumer confidence improving any time soon. Sales soften Total sales for the third quarter ended 28 March increased 2.1% year-on-year to £472 million with the proportion of digital sales ticking up to 43%. Q3 started well, following a good Winter Sale and…

In today’s Podcast, the Sharesify team talk US tech, chips, housebuilders, cruising, M&A, big oil and beauty tips. Steven discusses the role tech is playing in driving US indices higher, while Ian opines on Standard Life’s (SDLF) acquisition of Aegon UK. This deal will create the UK’s second-biggest player in both workplace pensions and retail pensions and savings. Ian is surprised by the market’s lukewarm reaction to the latest update from housebuilder Barratt Redrow (BTRW). He also highlights JPMorgan Chase’s (JPM) massive trading gains and discusses the cautionary comments from CEO Jamie Dimon. James talks about Saga (SAGA), the over-50s products company looking ship-shape…

Ten-pin bowling operator Hollywood Bowl (BOWL) reported a jump in H1 revenues thanks to resilient demand for affordable leisure activities. Investors were bowled over by the FTSE 250 firm’s reassuringly in-line H1 update. This showed 2.6% like-for-like growth in the core UK business. Broker Cavendish described this as ‘a good result’ given the challenging wider UK hospitality market. Affordable fun Hollywood Bowl, which also runs mini-golf centres, delivered a 9.5% rise in total revenue to £141.5 million for the half to March 2026. This robust performance was underpinned by ‘strong demand’ for its family-friendly and affordable leisure activities. UK revenue…

Shares in Saga (SAGA) sailed to a five-year high after the travel firm swung back into the black for FY26 amid strong performances from its travel and insurance businesses. The FTSE 250 company also expressed confidence in meeting its medium-term targets. The firm believes it can grow underlying pre-tax profits to ‘at least’ £100 million and reduce leverage to below two times by January 2030. There was also relief as Saga highlighted its ‘minimal exposure’ to the war-torn Middle East and made reassuring noises around oil and currency risk. Compelling growth saga Led by CEO Mike Hazell, Saga offers insurance…

HarbourVest Global Private Equity (HVPE) has agreed to hold a $400 million tender offer in the autumn to secure support for its first continuation vote in July. The tender is among a flurry of fresh initiatives to boost returns and address a near-30% share price discount to net asset value (NAV). Private equity fund investor HVPE offers exposure to exciting growth companies including Revolut, Databricks and SpaceX. But the FTSE 250 trust is under pressure from activists Asset Value Investors and Saba, the US hedge fund seeking to take control of Edinburgh Worldwide (EWI), Herald (HRI) and Impax Environmental Markets (IEM). Subject to HVPE…

Recruitment company PageGroup (PAGE) posted a drop in Q1 gross profit as subdued client and candidate confidence and heightened uncertainty weighed on hiring. The FTSE 250 staffer also warned the Middle East conflict is driving an ‘increasingly uncertain outlook’ for the rest of the year. So why did the lately-unloved shares rally 2.5% to 136p in early dealings? Well, there was relief that PageGroup’s quarterly update proved less bad than feared. Investors also welcomed news of continued growth in the Americas and Asia Pacific, which helped cushion the blow from tough market conditions in Europe and the UK. US &…