Nvidia: Stage set for crucial earnings update amid US tariffs May 25, 2025 Investors are poised for a crucial update on Nvidia’s earnings after the AI chip maker has been caught up in the fallout of Donald Trump’s trade policy overhaul. The US technology giant will unveil its financial results for the first three months of 2025 on Wednesday. As the second most valuable listed company in the [...]
London Spirit £144m sale nearly done, insists MCC chief May 20, 2025 MCC chief executive Rob Lawson insists a £144m deal between a consortium of US tech heavyweights and the owners of Lord’s Cricket Ground for a 49 per cent stake in Hundred franchise London Spirit is just a “couple of weeks away from getting everything done”. It comes after the initial timeline for eight Hundred deals [...]
Microsoft is past its glory days says UK fund manager May 19, 2025 Liontrust’s global innovation fund team made a striking call that bucks the conventional wisdom of leading tech stocks by saying that Microsoft, one of the world’s most valuable firms, may no longer be a long-term winner. Storm Uru and Clare Pleydell-Bouverie, co-managers of Liontrust’s Innovation Fund, have told City AM they no longer hold any [...]
Microsoft shares jump after AI bets pay off May 1, 2025 Microsoft shares surged over six per cent in after hours trading on Wednesday after the tech giant delivered another quarter of better than expected earnings, driven by its booming cloud and artificial intelligence (AI) businesses. The company posted revenue of $70.1bn (£52.5bn) for the quarter ending in March, up 13 per cent year on year, [...]
The UK’s cyber blindspot lies with its SMBs April 16, 2025 Small and medium sized businesses (SMBs) in the UK are facing an escalating cyber security crisis, experts have warned. According to Hugues Foulon, chief executive of Orange Cyberdefense, cyber attacks on SMBs have surged by 53 per cent, yet only 21 per cent of SMB chief executives are aware of their cyber risks. This alarming [...]
Google presses ahead with AI spend as Trump calls for – yet charges – more April 10, 2025 Donald Trump is urging American firms to ramp up their technology spending, particularly on AI, despite his latest wave of tariffs injecting new uncertainty into global supply chains. Google owner Alphabet is answering that call, reaffirming plans to spend $75bn this year on AI, brushing aside investor concerns and trade headwinds. The move, announced at [...]
Microsoft cuts UK jobs as sales near £10bn and profit surges April 8, 2025 Microsoft shed more than 200 UK jobs in the year its turnover jumped to almost £10bn, it has been revealed. The US tech giant reduced its headcount from 5,540 to 5,337 in the year to 30 June, 2024, new accounts filed with Companies House show. The reduction comes after Microsoft’s headcount grew from 4,955 in [...]
LinkedIn shouldn’t be like Facebook – UK boss April 7, 2025 LinkedIn should be kept as a professional network and not turned into a new version of Facebook by its members, the UK boss of the social media site has said. Speaking on an up-coming episode of City AM‘s Boardroom Uncovered podcast, country manager Janine Chamberlin said that while there has been a lot of new [...]
CMA clears probe into Microsoft’s OpenAI investment March 5, 2025 After months of scrutiny, Microsoft’s $13bn (£11bn) partnership with OpenAI has been cleared by the UK’s Competition and Markets Authority (CMA). The antitrust watchdog ruled that Microsoft‘s investment did not meet the threshold for a full-scale merger investigation, despite concerns over the tech giant’s influence on the AI startup. The CMA acknowledged that Microsoft gained [...]
Cracks appear in the AI boom as market reassesses growth prospects March 5, 2025 The optimism surrounding AI is facing scrutiny as investors and industry leaders reassess the long term profitability of AI-related infrastructure. Recent stock market trends suggest a shift away from the AI sector, with semiconductor and cloud computing stocks among the worst performers in 2025 so far, according to AJ Bell. AI hype faces a reality [...]