Amazon and Alphabet’s AI spending faces billion-dollar litmus test Tech Investors will get a clearer read this week on whether Big Tech’s vast AI spending is turning into real returns, as Alphabet and Amazon report earnings amid heightened market sensitivity to cloud growth, margins and costs. Both tech giants sit at the centre of the AI boom, but recent volatility in US tech stocks has [...]
Meta surges, Microsoft stumbles as Big Tech doubles down on AI spend Tech 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 [...]
Meta, Apple, Microsoft, Tesla: Big Tech earnings set to test AI bets Tech 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 [...]
UK financial system exposed to ‘serious harm’ from AI risks January 20, 2026 The Treasury, the financial watchdog and the Bank of England have been handed a stiff warning that the nation’s financial system is not adequately prepared for an AI shock. A group of influential MPs sat on the Treasury Select Committee took aim at the institutions for “not doing enough to manage the risks presented by [...]
Revolut and LSEG join growing list of OpenAI customers December 3, 2025 Fintech juggernaut Revolut has joined a host of banking giants in leveraging OpenAI tech to beef up their financial crime protections. The digital bank is one of the latest to partner with the ChatGPT maker as it seeks to enhance its fincrime agent and customer services. The $75bn fintech is also using OpenAI’s large language [...]
Reddit: Revenue more than triples as UK profit jumps September 22, 2025 Revenue at the UK arm of Reddit more than tripled during its latest financial year as profit also surged, it has been revealed. The London-headquartered division has posted a revenue of £96.7m for 2024, new accounts filed with Companies House show. That total is up significantly from the £28.4m it posted for 2023. From 1 [...]
Here are five British tech startups to look out for August 14, 2025 A new cohort of Future Fifty tech firms is demonstrating exponential growth and attracting significant investment, reinforcing London’s position as a hub for dynamic scale-ups in this space. These companies are making headlines across diverse sectors, from AI to environmental technology. The talent is emerging from UK universities, but the challenge for these firms is [...]
Meta and Microsoft face AI earnings test July 30, 2025 Meta, the owner of Facebook, and Microsoft will post second-quarter earnings after US markets close today (Wednesday 30 July) with analysts focused squarely on how both tech titans are monetising their multibillion-dollar artificial intelligence (AI) bets. Shares in both firms have surged around 20 per cent so far this year, fuelled by investor enthusiasm around [...]
M&A volumes jump as US bidders snap up UK tech July 2, 2025 US private equity firms are continuing to swoop for UK tech companies leading to a jump in merger and acquisition (M&A) volumes. Giants from across the Atlantic have taken a heightened interest in UK stock, which analysts pegged to the “cheap and undervalued” nature of equities. UK public M&A activity almost tripled in the first [...]
Halma: FTSE 100 giant books record revenue and ups dividend June 12, 2025 Safety and equipment maker Halma notched a record year after its diversified business model powered growth across sectors amid a tough global backdrop. The 130-year-old FTSE 100 firm recorded an 11 per cent jump in revenue to £2.2bn, which came after the business’s revenue for the first six months of the financial year topped £1bn for the first [...]