There was relatively little major market news this week. At SharesUnderTen, we can clearly see that the summer holiday period is now in full swing. Nevertheless, we remain focused, continue to follow developments closely and keep a close eye on every company in our portfolio.

Markets continue to show remarkable strength. On Wall Street, the S&P 500 reached another record high last week. In our view, that is not entirely surprising. US inflation was better than expected and, above all, earnings season is giving investors plenty of reason to hold on to their shares. Second-quarter profits across S&P 500 companies…

After months in which developments in the Middle East determined the direction of the stock market almost daily, a degree of calm appears to be returning. President Trump announced this weekend that he would refrain from launching a large-scale attack on Iran, as he believes both sides are moving closer to a new agreement. If…

Anyone following the news alone might expect stock markets to be trading considerably lower. The conflict between the United States and Iran continues, the Strait of Hormuz remains a major risk factor and President Trump continues to surprise markets with new statements on trade and geopolitics. Nevertheless, equity markets are increasingly looking beyond these developments.

The markets appear to be taking a breather. After months in which artificial intelligence dominated almost every trading session, we saw the first signs of growing caution. Investors are increasingly questioning whether the hundreds of billions currently being invested in AI will ultimately generate sufficient returns. This has put considerable pressure on a range of…

Geopolitical tensions in the Middle East appear to be easing further. The United States and Iran have agreed to end the fighting around the Strait of Hormuz and resume peace talks. In addition, shipping through the crucial strait has restarted, reducing concerns about disruptions to global oil supply. As a result, the oil price has…

The past week was largely shaped by two opposing forces: relief over lower energy prices and renewed caution around interest rates and inflation. The first round of talks between Iran and the United States produced a roadmap for further negotiations. The goal is to work toward a more definitive peace agreement within the next sixty…

Last night, we were surprised by news from the Middle East. US President Donald Trump announced that the United States and Iran have reached an agreement. According to Trump, the Strait of Hormuz will be fully reopened and the US naval blockade will be lifted. Pakistani Prime Minister Shehbaz Sharif also confirmed that both parties…

It is becoming increasingly clear what impact the war in Iran is having on the global economy and Western countries. While the conflicts in Ukraine and Gaza had only limited direct economic consequences for many European consumers, the situation with Iran is different. The reason is simple: oil. In recent weeks, it has become painfully…

Global equity markets continue to hit new record highs. We are seeing calm gradually return, but the market remains alert. That is hardly surprising. Rising inflation, elevated bond yields, and an increasingly hawkish tone from central banks are making investors more selective. In Europe in particular, expectations are growing that the ECB will raise interest…

From a macroeconomic perspective, the Middle East remains the main issue weighing on markets, although the initial panic reaction appears to be fading. Where investors had previously responded very sharply to every new headline, the conflict now seems to be slipping more into the background. Despite fresh US strikes on targets in southern Iran, there…

Markets increasingly seem to be focused on rising concerns around inflation and interest rates this week. While investors had previously expected several rate cuts from central banks over the coming months, that outlook is slowly beginning to shift. And we are seeing that reflected in several stocks within the portfolio. US inflation figures in particular…

First of all, we would like to emphasize that our analysts continue to closely monitor the stocks in our portfolio at all times. We keep our radar on 24/7. Every week we provide updates, but whenever unexpected news emerges or another important event occurs, we will immediately respond with Breaking News updates. At the moment,…

Last week was once again a volatile one. The market started cautiously but rebounded on Thursday following a series of earnings releases and central bank decisions. Both the ECB and the Bank of England left interest rates unchanged, but it was mainly the tone from the ECB that stood out. Concerns are increasingly shifting toward…

Once again, it was a week in which sentiment dominated the markets. This is clearly reflected in the portfolio. Movements are rapid and often driven not by fundamental changes, but by expectations, headlines and geopolitics. In such an environment, it is essential to remain focused on the quality of the underlying businesses. Share prices may…

Midway through the week, the market seemed to catch its breath for a moment, but that calm was short-lived. During the night from Tuesday to Wednesday, a further escalation in the Middle East was still clearly looming. The two-week delay provided some relief, which was immediately reflected in the market. However, it quickly felt fragile.…

Trump’s deadline is rapidly approaching. Yesterday, President Trump reiterated his warning that the United States will target Iranian energy infrastructure if Iran does not reopen the Strait of Hormuz by Wednesday night at 01:00 (UK time). As a result, short-term market sentiment is almost entirely dependent on what unfolds in the coming hours. That said,…

You will undoubtedly have noticed that we have taken fewer new positions in recent weeks. This is no coincidence. Although more and more stocks are falling below the £10 threshold—effectively expanding our hunting ground—we are deliberately adopting a more cautious approach for now. The reason lies in the exceptional market volatility driven by geopolitical tensions…

We see financial markets heading into another week in which tensions may continue to rise. The combination of geopolitical uncertainty, rising energy prices, and increasing interest rates is putting particular pressure on bond markets. In the short term, there appears to be a temporary pause. President Trump postponed a potential attack on Iranian energy facilities…

Sharesunderten observes that financial markets appear to be slowly adjusting to the war in the Middle East. While geopolitical shocks often lead to sharp market declines initially, investors tend to adapt to the new reality over time. This became visible again on the British stock market last week. The FTSE 100 fell by about 0.8%,…

The new trading week begins in a tense atmosphere. The war in the Middle East between the United States, Israel, and Iran is still ongoing and continues to dominate the financial markets. The escalation of the conflict has led to an explosive rise in oil prices. Brent and WTI climbed sharply in a short period…

The new trading week begins in a markedly different atmosphere from the one in which the month ended. The attack by the United States and Israel on Iran, in which, according to reports, Ayatollah Ali Khamenei was killed, represents a significant escalation in the Middle East. This is no longer a targeted operation conducted in…

The earnings season is drawing to a close, and markets are once again shifting their focus towards macroeconomic developments, geopolitics and the outlook for the months ahead. Beneath the surface, volatility remains present, yet we continue to navigate this environment with discipline and conviction. In recent weeks we have taken profits on a strong performer…

Last week felt like one of those market weeks in which equities show remarkable resilience, yet at the same time you sense that everyone is keeping one eye on the exit. AI remains the main engine behind sentiment. Precisely for that reason we are seeing something interesting unfold, investors are gradually rotating away from expensive…

Our Dutch holding has performed notably well in recent weeks. We understand that subscribers may be eager to take profits, but the key question is whether the share price still has significant upside potential. More on that later.

Last week, investors also digested the Federal Reserve’s interest rate decision. As widely expected, the central bank left rates unchanged. Rabobank described the move as a “defensive pause”. The accompanying statement showed that the Fed has become more optimistic about the economy and the labour market, which is showing signs of stabilisation, but that inflation…

The British stock market experienced a cautious trading week, in which geopolitical tensions created some noise but caused no lasting damage. Threats from the United States regarding additional import tariffs briefly stirred up market jitters, but these quickly faded following diplomatic talks at the World Economic Forum. This shift gave markets the space to stabilise.…

And so, investors concluded a hectic week on the markets. Markets were flooded with news from Washington, where concerns resurfaced about the independence of the Federal Reserve. At the same time, geopolitical tensions escalated, with Iran and, unexpectedly, Greenland emerging as flashpoints. That unrest intensified on Friday after President Trump threatened import tariffs on countries…

The stock market began the year with confidence. The FTSE 100 broke through the 10,000-point barrier, signalling that investor optimism remains very much alive. Interestingly, this strength did not come from the usual growth stories, but rather from the more “boring” corners of the market. Energy and defence stocks were in the spotlight, driven by…

As the Christmas lights glow once again, the final trading days of the year pass by, and 2025 steadily draws to a close, this is the perfect moment to look back together. Christmas and New Year are, above all, days of reflection, gratitude, and anticipation for what lies ahead. And as we reflect at Sharesunderten,…

Markets closed strongly last week, supported by favourable interest rate decisions and a reassuring tone from central banks. In both the United Kingdom and the United States, markets reacted positively to signals that inflationary pressure is continuing to ease and that monetary policy may gradually be relaxed towards 2026. No shocks, no surprises, just the…

Last week, investor tension rose significantly. All eyes were on the interest rate decision by the US Federal Reserve. On 10 December, the Fed cut rates again by a quarter of a percentage point. This was the third rate cut this year. The aim is to support the cooling labour market, while inflation remains persistently…

Last week highlighted how quickly market dynamics can shift. A newly added position moved sharply within days as speculation resurfaced, forcing a decision between holding on or taking profits while uncertainty remained. Such moments underline the importance of discipline when exceptional short-term returns present themselves. Meanwhile, broader markets remained cautious, with investors focused on upcoming…

It has been a notably strong week for the portfolio, with gains recorded across the board. Such broad-based performance often reflects improving underlying market conditions rather than isolated developments. Several sectors showed renewed strength, supported by rising expectations that interest rates may soon move lower. Despite ongoing geopolitical and economic risks, markets continue to demonstrate…

Something is beginning to shift in Europe. Inflation is easing, growth is slowing, and markets are responding quickly to the prospect of lower interest rates. While policymakers remain cautious, investors are increasingly positioning for a change in direction. Recent comments from central bank officials have fuelled sharp moves, particularly in interest-sensitive sectors. With key data…

Last week delivered one of those split-screen moments for investors: political relief on one side, rising anxiety about inflated tech valuations on the other. The end of a government shutdown briefly calmed nerves, but attention quickly shifted back to stretched prices in the most crowded corners of the market. While some high-flyers look ready for…

Last week, a sudden price shock in one of our holdings reminded everyone how quickly sentiment can turn, especially when market moves appear to be driven by more than just fundamentals. At the same time, voices calling for a broad correction are getting louder, often from those who sat out the rally and now feel…

So much for predictable policymaking. The Federal Reserve surprised markets by cutting interest rates, even though inflation has not yet convincingly moved toward target. Some voices within the central bank itself have questioned whether the step came too soon, especially given a labour market that is softening rather than collapsing. New import tariffs add another…

The new trading week arrives with a packed agenda. Earnings season is in full swing, central banks on both sides of the Atlantic are preparing key interest rate decisions, and a lingering political standoff continues to disrupt the normal flow of economic data. Many investors expect another modest rate cut from the US central bank,…

The earnings season is now in full swing. After major US banks like JPMorgan, Bank of America, and Goldman Sachs set the tone with strong results, the big tech names take the stage this week. Netflix, Tesla, IBM, and Intel will kick things off, followed by a range of European heavyweights. Expectations are high: investors…

What began as a seemingly calm period ended with a familiar pattern: sharp political rhetoric, renewed trade tensions and an abrupt sell-off in major equity indices. A fresh round of threats aimed at a key trading partner rattled markets already unsettled by an unresolved budget deadlock. Yet it took just a few reassuring social media…

The coming days revolve around a single unresolved question: how long will the partial shutdown of the US government continue, and how much damage will it do? Official statistics are already being delayed, leaving markets dependent on private surveys and incomplete signals. One major jobs indicator has hinted at weakening momentum, fuelling speculation that the…

Despite ongoing concerns about interest rates, equity markets remained surprisingly resilient last week. Investors seem to be holding on to the expectation that central banks will start easing later this year, which has helped prevent a broad correction and pushed major indices slightly higher. At the same time, markets sought protection, with gold reaching another…

Last week, markets got exactly what they were hoping for. The Federal Reserve cut interest rates and signalled that this may just be the beginning. Investors responded with enthusiasm, triggering a sharp rally across equities. While the ECB, the Bank of England, and the Bank of Japan held their rates steady, Norway surprised markets with…

The coming trading week will be dominated by the Federal Reserve’s interest rate decision. Expectations are high that the US central bank will begin its first rate-cutting cycle since last December. This makes the week particularly important, as the tone set by Jerome Powell could determine market direction for the final months of 2025. On…

This week, markets will focus primarily on the European Central Bank’s interest rate decision and new inflation figures from the United States. These indicators are expected to shed more light on the likelihood of a rate cut by the Federal Reserve. Recent employment reports from both ADP and the U.S. government suggest a further cooling…

This week, all eyes are on the upcoming US jobs report, due this Friday. Before that, investors will be parsing through a series of purchasing managers’ indices (PMIs) for both manufacturing and services, along with fresh inflation data from the eurozone. With Wall Street closed today (Monday) for Labor Day, trading is expected to remain…

In his speech last Friday, Federal Reserve Chair Jerome Powell opened the door to a possible rate cut in September. At the same time, he downplayed expectations for aggressive action, making a 50-basis-point cut highly unlikely. Markets reacted positively to the prospect of a cut, with gains recorded both on Wall Street and in Europe.…

The international earnings season is gradually drawing to a close. Most major companies have now reported their results, and in many cases the figures have been better than expected, with improvements in margins and cash flows. This allows us to close out the summer period with renewed confidence in the fundamentals of our portfolio. In…

Weekly Update: Earnings Season Ends Strong, Focus Shifts to Inflation The summer earnings season is all but over, and many of the stocks in our Sharesunderten portfolio have delivered solid to strong results. Companies not only exceeded expectations but also showed improvements in margins, cash flows, and growth forecasts. As a result, we close this…

The fact that one major trading partner after another is reaching agreements with the United States has not yet restored calm to the financial markets. Both in the UK and abroad, this summer’s earnings season continues to be followed by sharp share price movements. Expensive stocks combined with ongoing uncertainty are keeping investors alert. In…

Earnings season has begun. What immediately stands out: companies are reporting surprisingly strong results, despite a world full of uncertainty. Currency risks, geopolitical tensions, and the looming import tariffs set for August 1st create a volatile backdrop. But for those who stay focused, the main story is one of profit growth, resilience, and new opportunities.…

At Sharesunderten.com (SUT), we’re pleased with our recent acquisitions. So far, it looks like we’ve hit another home run with our position in Grab. You can read all the details in our current portfolio overview. In the meantime, we continue to scour the globe for new opportunities — stocks trading under ten pounds, but with…

We’re seeing more and more investors embrace our investment strategy: buying undervalued stocks under 10 euros with serious upside potential. The stock Rolls-Royce, on which we’ve achieved nearly 1,000% gains, is clear proof that you can turn a nickel into a dime. In this update, we provide a clear overview of the positions we currently…