Revolut investors eye $100bn price tag in push for new share sale Fintech Revolut is weighing a fresh secondary share sale in the second half of 2026 as investors at the fintech giant hope to secure the $100bn price tag ahead of its highly-anticipated public debut. The London-born digital bank is in early talks over a transaction that would give new investors the opportunity to buy into the [...]
FTSE 100 Live: Index hits record as HSBC, St James’s stock rally Markets Good morning and welcome back to the City AM liveblog. There’s a number of factors weighing on global markets at the moment, and yet the FTSE 100 was able to close Tuesday’s session unscathed. It came despite President Donald Trump’s new 10 per cent tariffs coming into effect, sending some jitters across global indexes. But [...]
Meta strikes AMD chip deal as AI spend continues to boom Tech Meta has agreed a multiyear deal to buy up to six gigawatts of AI computing power from AMD, in an agreement valued at more than $100bn (£74.5bn) that could see the social media group take a stake of up to 10 per cent in the US chip giant. The companies said on Tuesday that Meta [...]
Nvidia results to test strength of rocketing AI spend February 23, 2026 In the wake of the recent Anthropic-driven sell-off in software stocks, Nvidia’s earnings report on Wednesday will serve as a key litmus test for the extraordinary growth fuelling the AI buildout. The chip behemoth, now almost synonymous with the AI boom, is expected to post revenue of between $65.6bn (£48.48bn) and $65.9bn for the quarter [...]
Tiktok parent Bytedance joins race to build in-house AI chips February 11, 2026 China’s Bytedance is stepping up its own silicon push with plans to produce at least 100,000 AI chips this year. The move comes as tech giants scramble to cut their reliance on market leader Nvidia, and lock in scarce computing power. The Tiktok creator is reportedly in talks with Samsung Electronics to manufacture the processor, [...]
AMD’s AI push gathers pace behind Nvidia February 4, 2026 Advanced Micro Devices (AMD) delivered another quarter of rapid growth, beating Wall Street forecasts on both revenue and earnings. Yet its shares tumbled as investors weighed what the numbers mean in a market still dominated by chip giant Nvidia. The chipmaker reported fourth quarter revenue of $10.27bn (£7.49bn), up 34 per cent year on year, [...]
Nvidia’s golden quarter dares markets to call AI a bubble November 20, 2025 Nvidia’s latest earnings blew straight through Wall Street expectations, delivering the kind of numbers that force investors to park away thoughts of an AI bubble. The notorious chip maker’s latest results, a blockbuster $57bn quarter that tore through Wall Street expectations, injected a jolt of confidence into rattled global markets, pulling the FTSE 100 and [...]
Nvidia: UK staff get £45m as shares rocket November 20, 2025 Staff at the UK-headquartered arm of Nvidia received a boost of almost £45m thanks to a generous share save scheme which has since been significantly upgraded. Since 2012, the US chipmaker has allowed its employees to have up to 15 per cent of their earnings withheld to buy shares in the company at a 85 [...]
Nvidia smashes expectations as AI demand ‘shows no signs of slowing’ November 19, 2025 Nvidia shares jumped by over four per cent in after-hours trading, after the chipmaker delivered another blockbuster set of quarterly results. The tech behemoth comfortably beat Wall Street forecasts that reinforced the strength of the global AI boom. For the three months to 26 October, Nvidia reported earnings of $1.30 (£1.04) per share, ahead of expectations [...]
Nvidia results set to answer AI bubble fears November 19, 2025 Nvidia’s third quarter results, set to be announced after US market closes on Wednesday, will be a litmus test for the AI boom that has propelled global equities to record highs. The chip titan, which now accounts for roughly seven per cent of the S&P 500 by market cap, has seen its shares surge more [...]