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      Microsoft deals fresh blow to Nscale’s $35bn IPO ambitions

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City A.M. Content

  • More artists benefit from streaming than ever before

    April 28, 2022

    New analysis has revealed that a record number of tracks are now hitting eight-figure UK streaming totals, despite calls from some artists that the system is rigged against them.

  • Calls for mandatory levy resurface as industry clamps down on gambling harms and cost of living crunch

    April 27, 2022

    GambleAware has called for a mandatory one per cent levy on post winning earnings from gambling operators as the government heads for industry reform.

  • Apecoin to hit new all-time highs this week? What’s going on?

    April 27, 2022

    Apecoin, the native cryptocurrency of the Bored Ape Yacht Club (BAYC), is going to hit fresh all-time highs this week, predicts Nigel Green.

  • Dodging inflation woes: Ad giant WPP raises forecasts as online demand soars

    April 27, 2022

    Ad giant WPP hiked its its full-year sales outlook this morning following booming online demand despite shrinking woes for consumer budgets for major brands.

  • Dominant English football clubs eye rare clean sweep of all three European trophies

    April 27, 2022

    English clubs can complete a clean sweep of three European club trophies – Champions League, Europa League and Europa Conference League – this season, a feat not seen for more than 30 years, writes Frank Dalleres. Vienna, May 1990: Frank Rijkaard darts on to a pass round the corner from Marco van Basten, sprints clear [...]

  • Bitcoin’s green shoots trampled by earnings season

    April 27, 2022

    Bitcoin is currently changing hands for about four per cent less than it was at this time 24 hours ago at around $38,500.

  • Zoom stock hits pre-pandemic level as pandemic glow vanishes

    April 27, 2022

    Zoom’s share price has hit February 2020 levels in a sign that the pandemic may be truly over in the Western world. The tech stock jumped around 360 per cent over the course of 2020, and everyone across the world seemed to be glued to a software that was relatively unknown the year before. Fast [...]

  • 1 Minute Market Rundown – 27th April 2022

    April 27, 2022  |  City Talk

    Risk Under PressureCrypto ConsolidatesUSD in DemandGoogle Disappoints To say things got ugly yesterday would be a bit of an understatement. Clearly, what goes lower, must go…lower. Stock indices closed the session sharply lower with the S&P taking out support at 4200. US stocks sank to the lowest levels seen in 6 weeks as hopes that [...]

  • ‘A disservice to claimants’: FCA slammed for invoking powers to stop steel pension scandal advisers selling assets

    April 27, 2022

    The decision by the Financial Conduct Authority (FCA) to invokeemergency powersto stop financial advisers involved in the British Steel Pension Scheme (BSPS) mis-selling scandal from offloading their assets to avoid paying compensation has received a mixed response in the City. The Financial Conduct Authority (FCA) has launched the emergency asset restriction rules without consultation, in [...]

  • Ed Sheeran set to headline Jubilee concert as organisers unveil £15m celebrations

    April 26, 2022

    Ed Sheeran is set to be the centrepiece for the Queen’s Platinum Jubilee as preparations are made for the “people’s pageant”.

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