In the latest episode of the Podcast, the Sharesify team discuss the return of risk-on sentiment to markets. Investors hope the US-Iran conflict is coming to an end. The chaps also take a gallop through the week’s corporate updates and preview results from UK consumer stocks. Our tech expert Steven brings listeners the latest on the SpaceX IPO. He also walks us through results from Oracle (NYSE:ORCL) and lends us his view on Apple (NASDAQ:AAPL) following its Worldwide Developers Conference. James brings up-to-speed with the latest investment trust sector M&A. Pacific Assets (LON:PAC) is to merge with Schroder Asian Total…

The wave of consolidation sweeping the REIT (real estate investment trust) sector continues apace. Three weeks after issuing a public approach, Glenstone REIT has made a £56.3 million all-cash offer for Alternative Income REIT (LON:AIRE). AIRE’s largest shareholder has sweetened its offer from the 66.5p the board rejected in November to 70p. However, the improved offer is a mere 0.4% above AIRE’s ‘undisturbed’ share price of 69.7p on 14 May. It also sits 17% below AIRE’s net asset value (NAV) as of 31 March. The bid also looks miserly in comparison to the 3% NAV discount AEW UK REIT (LON:AEWU) recently offered…

Shares in Virgin Wines (LON:VINO) plunged after the online wine retailer lowered FY26 guidance due to a ‘challenging consumer market’ and cost pressures. The company also warned it will remain loss-making in FY27 due to the financial impact of investing in a new warehouse. These downgrades overshadowed an otherwise positive trading update from Virgin Wines. The Norwich-based company continues to outperform the online wine market whilst recruiting new customers and inking lucrative new commercial partnerships. Are consumers cutting back? For the year ending 3 July, the direct-to-consumer wine supplier now expects to deliver revenue of £61 million and an adjusted…

Foresight Group (LON:FSG) has agreed to sell its public markets investment division, Foresight Capital Management (FCM), to Guinness Global Investors. The deal brings seven strategies across real assets and sustainable and impact funds into the Guinness fold. Funds being transferred include the likes of FP Foresight Global Real Infrastructure, FP Foresight Diversified Real Assets and FP Foresight Sustainable Future Themes. The disposal comes as Foresight continues to streamline its operations. Management is keen to sharpen Foresight’s focus on the core real assets and private equity businesses. Details of the deal The sale involves the transfer of all of FCM’s funds,…

Consolidation across the investment trust sector continues apace. The latest deal will see Pacific Assets Trust (LON:PAC) merge with Schroder Asian Total Return (LON:ATR), creating an Asia Pacific-focused fund with roughly £1.1 billion in net assets. Pacific Assets shareholders will have the option to rollover their shares into Schroder Asian Total Return or elect for a 25% cash exit at a 2% discount to net asset value (NAV). If one were looking for a downside to this deal, it does reduce choice for investors seeking Asia-Pacific exposure. The combination will cut the number of trusts in the Association of Investment…

In the latest Sharesify podcast, the chaps turn their attentions to the tech sell-off, a travel retailer in a tailspin and the SpaceX IPO. Our tech whizz Steven discusses the blockbuster launch of Elon Musk’s re-usable rockets innovator onto the public markets. He tells listeners everything they need to know in terms of the IPO timeline. SpaceX IPO frenzy: should UK investors join the rush? Steven also explains why SpaceX could be a bumpy ride for investors. Ian reports back following his fascinating Podcast chat with George Ferguson IV, Senior Aerospace & Defence analyst at Bloomberg Intelligence. The pair discussed…

Shares in WH Smith (LON:SMWH) plunged to a 16-year low after the embattled travel retailer blamed the fallout from the Iran war for its latest profit warning. The FTSE 250 retailer has seen a downturn in trading due to the Middle East conflict, which has impacted passenger numbers. In addition, weaker consumer confidence has crimped spend per passenger at WH Smith’s travel stores. Also exerting pressure on the books, magazines and snacks purveyor’s stock price were its plans for a £100 million equity fundraising. This is intended to bolster WH Smith’s balance sheet and provide fuel for its recovery strategy.…

Used car dealer Motorpoint (LON:MOTR) rallied after reporting an 83% rise in pre-tax profits for the year to March 2026. With its use of data and AI helping to drive sales and improve margins, the company delivered record retail sales volumes and market share gains in FY26. Investors also welcomed news of encouraging current trading, with Motorpoint putting up retail volume growth of 15% across April and May. This was despite the negative impact of the Middle East conflict on consumer confidence. Pedal to the metal FY26 results showed an 8.1% rise in total revenues to the best part of…

Shares in Seraphim Space (SSIT) rocketed higher after largest holding ICEYE quadrupled its valuation to over €10 billion (£8.6 billion) in its latest financing round. The Finnish satellite constellation operator spoke for 47.1% of Seraphim’s NAV as at 31 March 2026. ICEYE is also held by Molten Ventures (GROW), whose shares were also boosted by the revaluation. ICEYE provides sovereign intelligence from space. To date, the company has supplied sovereign satellite systems to seven European governments. The financing proceeds will support the expansion of ICEYE’s global footprint and intelligence capabilities. Consequently, it will enable the firm to meet growing demand…

Investors showed a thirst for Fevertree Drinks (LON:FEVR) after the premium mixers supplier flagged a ‘solid start’ to FY26. The company also said it remains ‘confident’ of meeting full-year forecasts. As predicted by Sharesify in our recent preview piece, the tonic water-to-ginger beer supplier also announced a further £30 million extension to its ongoing share buyback programme. More to come from Molson Coors? In today’s AGM update, the soft drinks group served up positive news relating to its transformational partnership with Molson Coors (NYSE:TAP) in the US. This is Fevertree’s biggest growth market. Fevertree’s distribution partnership with Molson Coors has moved beyond…