SoftBank sells $5.8bn Nvidia stake for OpenAI
Japanese tech investor SoftBank sells its Nvidia stake for $5.8bn, redirecting funds into OpenAI. The move sparks a tech stock dip and fuels AI bubble concerns. Read the full analysis.
Japanese tech investor SoftBank sells its Nvidia stake for $5.8bn, redirecting funds into OpenAI. The move sparks a tech stock dip and fuels AI bubble concerns. Read the full analysis.
UK investors withdrew a record £7.3bn from equity funds in four months, driven by AI bubble anxieties and pre-Budget tax hike fears. Discover the full analysis.
UK firms with high ESG ratings fell twice as much as the FTSE 100 in 2024, a new report reveals, questioning the cost and performance of sustainable investing.
Oxford Instruments shares jumped nearly 10% as the FTSE 250 firm recovered from early-year disruption. Revenue fell 7.9% to £185.5m, but strong order momentum and semiconductor sales boosted investor confidence.
Princes Group shares surged nearly 5% as CEO Simon Harrison announced plans for acquisitions following their London Stock Exchange listing. Pre-tax earnings jumped 51% to £111.1m. Discover the full story.
A Cardiff investor reveals how he built a £30,000 portfolio after learning from risky day trading. Discover the dangers of finfluencers and the power of passive investing for long-term growth.
London Stock Exchange Group announces 3,000 job cuts as part of digital transformation strategy. Discover how this restructuring will reshape the financial giant's future operations.
Senior City figures are developing a new London stock market to rival the LSE. Discover how this ambitious plan aims to revitalise UK capital markets and attract global investors.
Former Boku boss Jon Prideaux plots new junior stock market to challenge London's ailing AIM. The Global Growth Market aims to rejuvenate UK public markets with a £4m fundraising drive.
FTSE 100 drinks giant Diageo sees shares surge 6.8% following appointment of turnaround expert Sir Dave Lewis as CEO. Discover how 'Drastic Dave' plans to steer the Guinness owner through market challenges.
Discover 7 essential investing tips from financial expert Nisha Prakash to start growing your money from home. Learn about risk management, ISAs, and building financial security.
Sam Altman denies OpenAI sought US government debt guarantees, accelerating fears of an AI investment bubble. Tech stocks, including Nvidia and Meta, face a major sell-off. Discover the market implications.
Rightmove shares nosedived after revealing a £60m AI investment plan, slashing short-term profit targets. Discover the market's reaction and expert analysis.
The Bank of England held interest rates at 4% in a dramatic 5-4 split decision. Discover how this impacts the FTSE 100, bank shares, and the UK economy.
US stock markets plummet as layoffs hit a 20-year October high and a government shutdown leaves investors and the Fed 'groping in the dark' for crucial economic data.
Euronext reports sixth consecutive quarter of double-digit revenue growth as market volatility continues to drive trading activity across European exchanges.
Germany's financial regulator BaFin imposes unprecedented penalty on banking giant JPMorgan over serious transaction reporting lapses spanning five years.
London Stock Exchange chief Julia Hoggett joins forces with former boss Xavier Rolet in urgent plea to Rachel Reeves to unlock Britain's investment potential and spark £100bn market boom.
As billions pour into artificial intelligence stocks, experts warn of dangerous market euphoria. Discover whether this AI gold rush is sustainable or heading for a painful correction.
Tesla shareholders have overwhelmingly approved Elon Musk's unprecedented $56 billion compensation package, potentially catapulting the CEO into becoming the world's first trillionaire. Discover how this landmark decision reshapes corporate governance and
The Bank of England maintains interest rates at 5.25% as Governor Andrew Bailey signals caution on inflation. Markets react as pound stabilises and budget concerns loom.
London's FTSE 100 surged to record highs while the Bank of England kept interest rates steady. AstraZeneca and Sainsbury's impressed with robust earnings in a dramatic trading session.
FTSE tech sector bounces back strongly following Tuesday's dramatic sell-off, with major London-listed technology companies leading the charge in Wednesday's trading session.
LSEG vehemently denies allegations of misleading a data analytics company during its 2022 acquisition process, dismissing claims as 'opportunistic' and 'without merit' in ongoing legal battle.
Bank of America reveals ambitious expansion plan for its London investment banking division, focusing on large-scale M&A transactions and equity capital markets growth to capture market share.
World stock markets experience dramatic downturn amid growing concerns that the artificial intelligence investment boom has reached unsustainable levels, wiping billions from company valuations.
London's investment banks are hiking bonuses to retain top talent despite concerns that financial incentives alone won't prevent a brain drain from the dealmaking sector.
The world's largest inter-dealer broker reports strong first-half performance driven by market volatility, as strategic review of data services business continues.
Legendary investor Michael Burry places massive short positions against AI stocks, triggering dramatic tech sector sell-off and raising questions about AI bubble.
In a major coup for the hedge fund industry, former Goldman Sachs trading star Wajih Ahmed joins Balyasny Asset Management to lead European equity efforts, marking one of the most significant moves in London's financial sector this year.