Nvidia and Apple lead losses as trillions wiped from Nasdaq tech stocks August 5, 2024 Trillions of dollars have been wiped from the Nasdaq-listed tech giants taking a nosedive amid a global stock sell off, as fears of a US recession are causing investors to run for the hills. The so-called Magnificent Seven’s combined market capitalisation has lost at least $2.3t (£1.8t), equal to a 15 per cent slide from [...]
FTSE 100 and European stocks plunge amid fears of US recession August 5, 2024 London's FTSE 100 has fallen to its lowest level since April as a global market rout triggered by fears of a US recession continued into a new week.
Global markets spiral as US recession fears solidify August 2, 2024 Markets have begun to fear the worst about a slowdown, or even recession, in the US, sending stocks tumbling across the world.
Nvidia overthrows Microsoft and Apple as world’s most valuable company June 19, 2024 New York's Nasdaq exchange, where Nvidia is listed, has also surged 21 per cent year to date to a record high.
Advanced Energy pulls out of XP Power pursuit June 18, 2024 US semiconductor firm Advanced Energy is no longer pursuing a deal for XP Power after it had three informal approaches rejected by the Singapore competitor.
Nvidia boss Jensen Huang declares new industrial revolution as AI stock keeps gaining June 13, 2024 Nvidia recently reported $26bn in revenue for the first quarter of fiscal year 2025, a 262 per cent increase from the previous year.
Apple overtakes Microsoft as world’s most valuable company June 12, 2024 Apple shares rose nearly five per cent to a new record high of $218.02 per share on Wednesday, making it more valuable than Microsoft.
Buzzfeed urged to go right wing after Ramaswamy takes stake May 28, 2024 Activist investor Vivek Ramaswamy has demanded Buzzfeed feature more right-wing voices and cut jobs after he bought a near eight per cent stake in the firm.
Biffa owner to buy renewable energy giant Atlantica for £2bn May 28, 2024 Atlantica Sustainable Infrastructure is to go private after accepting an offer from a private equity firm which values it at $2.5bn (£2bn).
Donald Trump’s Truth Social craters to $300m loss amid market manipulation claims May 21, 2024 Trump Media and Technology Group's primary asset Truth Social generated just $770,500 in sales over the quarter.