Amazon Shares Tumble Following £147bn AI Spending Plan
Amazon's stock value declined sharply after the tech giant unveiled a massive $200 billion (£147bn) investment plan focused on AI, chips, and robotics for 2026.
Amazon's stock value declined sharply after the tech giant unveiled a massive $200 billion (£147bn) investment plan focused on AI, chips, and robotics for 2026.
Budweiser's latest Super Bowl commercial has ignited discussions on marketing effectiveness and consumer engagement in the competitive beverage industry.
London stocks declined sharply, tracking global losses amid US tech sector weakness and the collapse of Glencore-Rio Tinto merger talks. The Bank of England held rates steady but hinted at future cuts.
Shell's adjusted earnings fell 22% to $18.5bn in 2025 due to weaker oil prices, but the company increased dividends and continued $3.5bn share buybacks, raising its debt to $45.7bn.
The Bank of England and European Central Bank maintain interest rates at 3.75% and 2% respectively, with UK inflation rising to 3.4% in December. Economists predict potential cuts later this year.
Michael Burry, the investor who predicted the 2008 crash, has seen his $1 billion bet against AI stocks pay off as Palantir and Nvidia have lost up to 33% of their value since November.
Asian stock markets declined on Thursday, mirroring Wall Street's retreat driven by sinking technology stocks. Key indices in Tokyo, Seoul, Hong Kong, and Shanghai all fell, while U.S. futures edged higher.
The FTSE 100 index closed at a new record high of 10,402.34, driven by strong performances from Entain and insurer Beazley, which accepted a potential £8 billion takeover offer.
A sharp selloff in software and data company stocks has spread worldwide following Anthropic's AI legal tool launch, hitting shares from London to Tokyo as investors fear business model disruption.
Jason Ader, the former activist investor and CNBC regular, has filed for personal bankruptcy in Miami with $2 million in debt, while being sued by his own mother over a $13 million loan default.
Asian stock markets showed a mixed performance on Wednesday following significant losses on Wall Street, driven by a sell-off in technology stocks. Meanwhile, gold and silver prices extended their gains as investors sought safe-haven assets.
JPMorgan forecasts gold will reach $6,300 an ounce by end-2026, shrugging off its worst one-day drop since 1983, citing strong central bank and investor demand.
The FTSE 100 closed lower on Tuesday as fears over AI disruption triggered sharp falls in data analytics and software firms, offsetting a rally in mining stocks.
Gold and silver prices have staged a significant recovery in early trading, with gold climbing 4.5% to $4,877 per ounce and silver jumping 6.5% to $84.70, following Monday's sharp declines.
Warren Buffett's significant investment in UnitedHealth appears to be faltering after a sharp stock decline and regulatory pressures, marking a rare misstep in his final moves as Berkshire Hathaway CEO.
Asian shares surged on Tuesday, led by gains in South Korea and Japan, as investors regained confidence in tech stocks and awaited earnings reports amid global economic trends.
Gold and silver prices plummet after Donald Trump selects Kevin Warsh as Federal Reserve chair, with markets fearing hawkish monetary policy will curb inflation hedges.
Gold and silver prices surged to unprecedented levels before crashing dramatically. Discover the causes behind the volatility and crucial risks for everyday investors.
Gold and silver prices have experienced significant declines after recent record highs. This article examines the causes, current market positions, and expert advice on whether to buy or sell precious metals.
Gold prices tumbled 8% to $4,465 an ounce on Monday, reversing from last week's record high of $5,600. The sell-off, triggered by Trump's nomination of Kevin Warsh as Fed chair, rattled global markets.
Gold and silver prices have suffered their worst trading days in decades, with sharp declines continuing after record highs. The sell-off was triggered by US Federal Reserve nomination news.
Gold and silver prices have suffered a brutal sell-off, with gold experiencing its worst one-day drop since 1983 and silver plunging nearly 30%.
Precious metals gold and silver experience severe sell-off, with prices dropping sharply after recent record highs. Analysts describe the correction as brutal and unexpected.
Precious metals markets experience a severe correction as gold and silver prices tumble dramatically, with analysts pointing to Federal Reserve nomination and market volatility as key factors.
US futures and Asian shares declined on Monday, tracking Wall Street's retreat, with oil prices dropping more than $2 a barrel amid geopolitical and economic concerns.
Scott Pape cautions investors about silver's volatility and poor long-term returns compared to shares, despite recent price surges driven by inflation and industrial demand.
Gold prices have surged to record highs, sparking a global rush as consumers buy and sell the precious metal amid geopolitical tensions and market uncertainty.
Precious metals plummet as President Trump names Kevin Warsh as Federal Reserve chair nominee, easing concerns about dollar weakness and inflation tolerance.
Lloyds Bank reports forecast-busting profits, raising questions about whether its lending capacity can boost the UK economy and what Chancellor Rachel Reeves must prove.
Donald Trump nominates former Fed governor Kevin Warsh to replace Jerome Powell, sparking market reactions and debates over central bank independence and interest rate policy.