Jamie Dimon’s iron grip on JP Morgan threatens investor rebellion Banking Jamie Dimon’s iron grip on JP Morgan comes under the microscope at the Wall Street giant’s annual general meeting on Tuesday as the banking exec looks to fend off an investor rebellion. The world’s most influential banker is facing an activist offensive that targets splitting up the chief executive and chair role – two positions [...]
Tesla leans on AI and robotics as earnings fail to woo investors Tech Tesla delivered a mixed first quarter update on Wednesday evening, beating profit expectations but missing on revenue as its core car business continued to come under pressure. The electric vehicle maker reported earnings of 41 cents per share, ahead of the 37 cents expected. Meanwhile, revenue came in at $22.39bn (£16.6bn), dipping slightly below forecasts [...]
FTSE 100 Live: Stocks slump as oil rises; Reeves tax hikes trigger borrowing boost Markets Good morning and welcome back to the City AM liveblog. An extended ceasefire may have been announced in the Middle East, but its left markets with major appetite for further peace before investor sentiment recovers. Brent crude – the international benchmark for oil prices – was trading back over the $100 mark on Thursday morning. [...]
Investors eye farming as AI’s latest cash cow March 23, 2026 A startup fitting livestock with AI-powered collars is closing in on a $2bn valuation, as investors turn their attention to a less obvious frontier for AI. New Zealand-based Halter is in talks to raise fresh funding led by Founders Fund, the Silicon Valley firm backed by Peter Thiel. The round is understood to be heavily [...]
FTSE 100 Live: Beazley seals $15bn Zurich deal, Santander in $12bn takeover February 4, 2026 Good morning and welcome back to the City AM liveblog. Shares in Europe’s biggest data, publishing and legal software groups slumped on Tuesday after AI giant Anthropic unveiled a new tool aimed directly at in-house lawyers. The move rattled investors who had long viewed the sector as an AI winner. In London, Relx fell close [...]
MPs raise alarm as Rachel Reeves set to slash cash ISA limit October 25, 2025 Rachel Reeves has been urged to avoid slashing the cash ISA limit in the coming Autumn Budget as she looks to drive investment into the London stock market. The Chancellor is reportedly set to revive plans to cut the tax-free limit after putting previous proposals on ice after the move faced fierce backlash. The tax-free [...]
Brits losing out on hundreds of pounds in iPhone upgrades September 8, 2025 Brits who upgrade their iPhones are losing hundreds of pounds due to the rapid depreciation of big ticket tech items, according to new analysis. With the launch of the iPhone 17 set for Tuesday – holding a hefty price tag of £900 – those choosing to upgrade from old models will be met with a [...]
IWG boss labels double-digit share price dive ‘not rational’ August 19, 2025 Shares in International Workspace Group (IWG) dropped more than 15 per cent today after a disappointing half-year trading update from the office provider. It was the worst day for the world’s largest provider of serviced office space since the first day of lockdown in March 2020. But boss Mark Dixon said the share price drop [...]
UK markets face ‘serious challenge’ in risk-averse investors July 28, 2025 UK stocks are being stung by national risk aversion with Brits “low emotional capacity for risk” triggering widespread under-investment. Nearly six in ten Brits were unwilling to face the prospect of short-term losses on investments, according to Fresh research from Oxford Risk found and the UK’s second largest platform for private investors, Interactive Investor. Over [...]
Omaze boss: Why I’m positive about investing in the UK July 9, 2025 The chief executive of Omaze has set out the reasons why he believes the UK is the right place for his growing business to invest.