UK stocks rise; Softcat lifts profit outlook on AI demand
Corroborated by 3 sources from 3 publishers
globalbusiness1d ago
TL;DR
Reports differ across sources; according to finance.yahoo.com, may 22 (Reuters) - British IT firm Softcat on Friday raised its annual profit forecast on strong corporate demand for AI infrastructure and as customers rush orders to evade shortages in global memory chips.
Sources
1
Yahoo Finance News
https://finance.yahoo.com/sectors/technology/articles/uks-softcat-boosts-profit-guidance-065215749.html
1d ago
2
Investing.com News
https://www.investing.com/news/stock-market-news/uk-stocks-rise-softcat-lifts-profit-outlook-on-ai-demand-4705853
1d ago
3
Bloomberg Technology
https://www.bloomberg.com/news/articles/2026-05-22/uk-s-softcat-recasts-itself-as-ai-winner-with-guidance-upgrade
1d ago