Apple UK posts £5bn turnover as iPhone boom offsets AI lag Tech Apple UK racked up just shy of £5bn in turnover last year, as strong iPhone demand helped power growth across its British operations, according to newly filed accounts. The tech behemoth’s UK arm, based in Battersea Power Station, reported revenue of £4.99bn for the year to 28th September 2025, up from £4.7bn the year before, [...]
OpenAI sharpens its focus as Sora falls and funding web tightens Tech OpenAI’s decision to shut down its Sora video tool and unwind its Disney partnership in the space of 24 hours is far from an isolated product call. It comes at a moment of rapid growth for the firm, which is handling heavy infrastructure demands alongside increasing scrutiny over how the AI boom it sits at [...]
This is why Nvidia’s results failed to woo investors Tech Nvidia’s earnings juggernaut continued this week with another quarter of rapid growth, record revenues and guidance ahead of expectations. Yet the reaction from Wall Street was muted, reflecting the scale of expectations now set for the world’s most valuable listed company. The chip giant reported fourth-quarter revenue of $68.1bn (£50.3bn), up 73 per cent year [...]
There’s a new Magnificent 7, and it’s called the Fusty 5 February 24, 2026 The success of the ‘Magnificent 7’, a group of technology companies so called for their historic stock market performance and gargantuan scale, has to many been the defining market story of the past half-decade. The seven hyperscalers – which include Alphabet, Amazon and Nvidia – have carried the American stock market to a years-long streak [...]