FTSE 100 hits fresh record after gold and silver rout Markets The FTSE 100 hit a fresh record on Monday despite being swept up in a global sell-off of metals and tech stocks that had pushed Asian and European stock markets deep into the red earlier in the day. The UK’s blue-chip index closed up 118 points to end the day at an all-time high of [...]
US tech stocks slide as Microsoft rout sharpens AI spending doubts Tech US technology stocks sold off sharply on Thursday, as a bruising slump in Microsoft sparked investor unease over how long it will take for mass AI investments to pay off. The tech-heavy Nasdaq Composite closed down 0.72 per cent at 23,685, weighed down by heavy losses across software giants. The S&P 500 slipped 0.13 per [...]
Billion-dollar regulatory fines fail to dent Big Tech Tech For the world’s biggest tech firms, regulatory penalties are no longer a consequential financial event. Alphabet, Apple, Meta and Amazon were fined a combined $7.8bn (£6.2bn) in 2025 for breaches of competition and privacy rules, according to a new Proton report. And while that sounds like a hefty number, in practice, it would have taken [...]
Meta surges, Microsoft stumbles as Big Tech doubles down on AI spend January 29, 2026 Three members of the ‘Magnificent Seven’ Big Tech stocks – Meta, Microsoft and Tesla – gave investors an early read on the health of the AI boom after US markets closed on Wednesday. Meta shares jumped as much as nine per cent in after-hours trading after the Facebook owner posted record revenues and issued an [...]
Big Tech’s AI borrowing boom tests US bond market January 27, 2026 Big Tech is on track to become the dominant force in the US corporate bond market, as the race to build AI infrastructure drives an unprecedented surge in borrowing that is beginning to worry investors. By the end of the decade, around half of the 10 largest borrowers in the US bond market will be [...]
Meta, Apple, Microsoft, Tesla: Big Tech earnings set to test AI bets January 27, 2026 This week marks one of the most consequential stretches of tech earnings season, with results due from Meta, Microsoft, Tesla and Apple, four giants that sit at the heart of both the market rally and the debate over whether Big Tech’s vast AI spending will ultimately pay off. It is the second-busiest week of the fourth-quarter earnings season, with 103 [...]
Musk-Altman rift widens as judge approves court battle January 16, 2026 OpenAI and Microsoft have lost their final bid to avoid a courtroom battle with Elon Musk, with a US judge ruling that the Tesla and xAI founder can proceed to trial over claims that the start-up breached its original charitable mission. The case, set for a jury trial in late April at the District Court [...]
Bankers and bots: City lenders to face scrutiny on AI ambitions January 15, 2026 Banks have been tipped as a big winner of AI integration but face a major test in selling their tech narrative to investors. As City lenders gear up to report their 2025 financials, shareholders will be looking past balance sheets for progress on digital ambitions. “This may be the year the market makes up its [...]
Microsoft rides the Wayve as self driving cars hit London streets January 8, 2026 Microsoft announced its strengthened partnership with British born autonomous driving startup Wayve on Thursday, in a move set to bring the tech into commercial use. This collaboration, based largely on Microsoft Azure, provides its infrastructure to both train and operate the AV firm’s AI into complex urban environments such as London. Founded in 2017 in [...]
The Magnificent 7 in 2025 – and the survival of the richest December 31, 2025 In the spirit of end-of-year round-ups, it is worth scrutinising the fortunes of the so-called Magnificent Seven: Apple, Microsoft, Alphabet, Amazon, Meta, Nvidia, and Tesla and their dominance of global equity markets, which shows no signs of abating. Yet 2025 was a year that highlighted both the extraordinary influence and the vulnerabilities of these mega-cap [...]