Palantir revenue rockets past forecasts May 5, 2026 Revenue at Palantir rocketed past analyst forecasts as the AI-powered firm ramped up commercial and government deals. The US tech firm posted revenue of $1.6bn (£1.2bn) in the first three months of the year, above investor expectations of $1.5bn and 85 per cent ahead of last year. The firm upped its revenue guidance to $7.6bn [...]
Vodafone takes full control of Three in £4.3bn deal May 5, 2026 Vodafone is to take full ownership of Vodafone Three for £4.3bn in the latest twist in the blockbuster merger between two of Britain’s largest mobile networks. The FTSE 100 telecoms giant said it will buy out the 49 per cent stake held by CK Hutchison, the Chinese owner of Three, to give it full control [...]
HSBC profit drops after Iran war and private credit charges bite May 5, 2026 HSBC missed its profit target in the first quarter of the year after the blue-chip lender booked a mammoth credit charge. The FTSE 100 giant – which boasts a huge £230bn market cap – recorded a pre-tax profit of $9.4bn (£6.5bn), missing the $9.6bn pencilled in by analysts. This figure is also down $100m on [...]
FTSE 100 Live: Gilt yields surge over Starmer fears; Intel, Pinterest shares rocket May 5, 2026 Good morning and welcome back to the City AM liveblog. Gilt yields have risen to their highest rate in nearly thirty years, as markets weigh up the prospect of an ousted Keir Starmer and lurch to a more left-wing government that might follow. The yield on 30-year government bonds rose 11 basis points on Tuesday [...]
Outernet CEO: Profiting from art shouldn’t be shameful May 5, 2026 The stigma of 'selling out' is unhelpful and outdated. Art and commerce have always coexisted, writes Outernet CEO Philip O'Ferrall.
Lectures in pubs are selling out. Sorry Michael Gove – experts are back May 5, 2026 Once shunned by a populace 'tired of experts', a new generation is embracing intellectualism with personal curriculums and lectures for leisure.
It’s not the Bank of England’s job to support the Chancellor May 5, 2026 the Bank of England's MPC is acting as if its role is to support the Chancellor and protect the real economy, rather than control inflation.
Britain’s £800bn investment pile that isn’t being used May 5, 2026 Britain's 'mainstream investors' hold more than £800bn in net financial wealth, an investment sum large enough to meaningfully address the capital gap.
Anti-US sentiment and Iran to have major World Cup security impact May 5, 2026 Anti-US sentiment and the conflict in Iran is set to have a major impact on the Fifa World Cup, security experts have warned. The United States – which is currently engaged in a conflict with World Cup qualifiers Iran – will host the majority of this summer’s tournament, which kicks off in just over a [...]
Kemi Badenoch: Thoughtful, patient…radical? May 5, 2026 With local elections just days away much of the focus has been on what the results will mean for Keir Starmer’s chances of survival. Related to this is the question of how well Reform and the Greens will do, with fewer column inches devoted to what lies ahead for the Conservatives. To some extent this [...]