Nvidia's Blockbuster Earnings Met with Wall Street Indifference
Despite posting record revenue of $68.1bn and forecasting a rise to $78.0bn, Nvidia's shares barely moved, highlighting investor anxiety over AI valuations and market saturation.
Category : Markets
Asian Shares Rise After Nvidia's Earnings Beat Expectations
Asian stock markets mostly climbed on Thursday, buoyed by Nvidia's better-than-expected earnings, which alleviated some investor concerns over the AI boom. Key indices in Japan, South Korea, and Australia posted gains.
Qantas Posts Robust Half-Year Profit After Strategic Changes
Qantas announces a significant half-year profit, driven by cost-cutting measures and improved operational efficiency, despite ongoing industry challenges.
Dave Lewis's Vague Strategy at Diageo Amid Market Pressures
Former Tesco CEO Dave Lewis, known as 'Drastic Dave,' adopts a vague strategic approach at Diageo, raising investor concerns over transparency and growth.
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HSBC Reclaims Top Spot as FTSE 100 Hits Record High
The FTSE 100 index soared to a new record close, driven by strong results from HSBC and gains in mining stocks. HSBC overtook AstraZeneca as the UK's most valuable listed company.
Coffee Chain Explains Nottingham Woman's 'World's Richest' Status
200 Degrees Coffee confirms a technical error led to a receipt showing a Nottingham business owner with a £63 quadrillion balance, making her theoretically the wealthiest person globally.
Applebee's Closes Restaurants in Three States Amid Restructuring
Applebee's is permanently closing at least four locations across New York, Missouri, and Indiana as part of a corporate restructuring plan, while its parent company plans to open 80 dual-branded restaurants in 2026.
Dimon Warns of 'Dumb' Pre-2008 Behaviour in AI Boom
JPMorgan Chase CEO Jamie Dimon warns current economic behaviour mirrors pre-2008 financial crisis patterns, with AI investment creating bubble risks and market volatility.
Trainline Shares Fall After CEO Reveals Exit Strategy
Trainline's share price dropped up to 7% after CEO Jody Ford announced his intention to step down, despite leading the company through significant growth and expansion across Europe.
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Stock Market Plunge Triggered by Viral AI Report
A viral AI report warning of a 'global intelligence crisis' by 2028 has caused sharp declines in tech and finance stocks, with companies like IBM and DoorDash seeing significant drops.
Diageo Cuts Outlook and Dividends Under New CEO
Diageo slashes dividend and downgrades outlook as new CEO Sir Dave Lewis announces decisive action to address falling sales and profits in the drinks giant.
Investors Rotate from AI to Boring, Profitable Companies
As AI stocks dominate headlines, seasoned investors are turning to commodity producers, fast-food chains, and industrial manufacturers for stability and tangible returns in turbulent markets.
Asian Stocks Gain as AI Optimism Lifts Wall Street
Asian shares rose, with Japan's benchmark hitting a record high, driven by a Wall Street rally fueled by AI excitement. Key gains seen in Japan, Australia, and South Korea amid varied reactions to China's export restrictions.
Jamie Dimon Warns of 'Dumb' Investor Behaviour in Turbulent Markets
JPMorgan Chase CEO Jamie Dimon cautions investors against risky bets, drawing parallels to pre-2008 financial crisis behaviour amid AI-driven market volatility.
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EasyJet and Rightmove to Exit FTSE 100 in Reshuffle
FTSE Russell's indicative changes reveal EasyJet and Rightmove are poised to drop from the FTSE 100, with IG Group and Tritax Big Box REIT set to replace them in London's premier stock index.
FTSE 100 Steady, Convatec Jumps 10% on Raised Targets
The FTSE 100 closed virtually unchanged for a second day despite concerns over AI disruption and US tariffs. Medical firm Convatec surged 10% after raising its mid-term growth guidance, while Croda also gained on strong results.
Tom Kerridge's Hardest Decision After Restaurant Struggles
Celebrity chef Tom Kerridge opens up about the toughest choice of his career, closing businesses post-Covid, and his advocacy for hospitality sector support.
IBM's Worst Stock Drop in 25 Years After Anthropic AI Claims
IBM shares plummeted 13.2% on Monday, marking the steepest daily decline since October 2000, following Anthropic's announcement that its Claude Code AI tool could modernize COBOL systems running on IBM mainframes.
Asian Shares Mixed After Wall Street AI Sell-Off, Trump Tariffs
Asian shares showed mixed performance following a Wall Street slump driven by selling of potential AI losers and Trump's new tariffs. Tokyo and Seoul gained, while Hong Kong and Australia declined.
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Rare 1882 'H' Penny Coin Could Be Worth £300
Coin collectors are searching for a rare 1882 penny with a tiny 'H' mark that could fetch up to £300. The coin was minted by Heaton and Sons rather than the Royal Mint.
Trump's 15% Tariff Vow Sinks Wall Street After Court Ruling
Retirement savers face fresh losses as Dow plunges 810 points after President Trump announces immediate 15% global tariffs, reversing market optimism from Supreme Court decision.
FTSE 100 Dips Amid Trump's 15% Global Tariff Uncertainty
The FTSE 100 closed slightly lower on Monday, with mining gains offset by renewed trade fears after US President Donald Trump announced a 15% global tariff. European markets also fell despite positive German data.
Markets React to Trump's 15% Global Tariff After Court Ruling
Global markets face uncertainty after Donald Trump imposes a 15% global tariff via executive order, following a Supreme Court defeat on his previous policy. Gold prices surged, the dollar weakened, and stock futures fell sharply.
Gold Up, Dollar Down After Trump Tariff Threat
Global markets face turmoil as gold prices spike and the US dollar weakens following Donald Trump's threat to raise tariffs to 15% after a Supreme Court ruling struck down his previous policy, creating widespread uncertainty.
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Gold Up, Dollar Down After Trump's 15% Global Tariff Announcement
Gold prices jumped to over $5,280 per ounce and the US dollar weakened as markets reacted to Donald Trump's new 15% global tariff, following a Supreme Court ruling against his previous policy.
MoneySuperMarket Profits Surge on Energy Switching Boom
Mony Group reports £80.7 million pre-tax profit for 2025, driven by a 33% surge in home services revenue from energy switching, offsetting weaker car insurance sales.
Retail Investors Defy 'Dumb Money' Label on Wall Street
Retail investors, once dismissed as 'dumb money,' are now outperforming professional funds, with $5.4 trillion in trading activity in 2025. Mobile apps and zero-commission trading fuel this surge, reshaping market dynamics.
Trump Tariff Plans Trigger US Dollar and Stock Market Declines
Financial markets worldwide face turbulence after Donald Trump's proposed global tariffs lead to a sharp drop in the US dollar and stock indices, with the Supreme Court's involvement adding to investor uncertainty.
Supreme Court Tariff Ruling Sparks Mixed Asian Markets
US futures and Bitcoin fell sharply while Asian markets showed mixed reactions after the Supreme Court struck down most of Trump's tariffs, creating new economic uncertainty.
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Mortgage and Business Lending Slowdown Expected in 2026
EY Item Club forecasts a temporary dip in UK mortgage and business lending growth for 2026, with recovery anticipated from 2027 as economic conditions improve.
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