Intel hails highest share price in decade as earnings smash forecasts Tech Intel shares jumped as much as 24.4 per cent on Friday after the chipmaker delivered a strong earnings beat and upbeat outlook, raising hopes of a sustained turnaround. The stock surged in early trading after already climbing more than 20 per cent in after-hours moves, putting it on track for one of its biggest one-day [...]
UK is of ‘marginal relevance’ – Nick Clegg dismisses sovereign AI push as ‘dishonest’ Tech Nick Clegg has told City AM that the UK’s AI sovereignty debate is “slightly dishonest” due to our “marginal relevance” as a global tech player. The ex-president of global affairs at Meta also said that policy decisions taken in recent years have limited the role the UK can now play in the development of AI [...]
Trump threatens UK tariffs over digital tax row Tech Donald Trump has warned he could slap fresh tariffs on the UK if it refuses to scrap its digital services tax, escalating tensions between London and Washington. Speaking from the Oval Office, Trump said the US could “very easily” respond to the levy by targeting British exports. “We’ve been looking at it and we can [...]
Palantir boss rebuts Polanski’s wild NHS claims April 23, 2026 A senior Palantir Technologies executive has issued a scathing point-by-point rebuttal after a viral video by Green Party leader Zack Polanski criticised the firm’s role in the NHS and wider public sector. Louis Mosley, who leads Palantir in the UK and Europe, responded directly on X, challenging a series of claims made in the clip. [...]
UK AI plans fall short without backing home firms, warns UKAI February 11, 2026 The UK’s ‘sovereign AI’ push risks becoming a missed opportunity unless government policy does more to back UK businesses at home, according to the head of Britain’s AI trade body. Speaking after a parliamentary roundtable in the House of Lords, Tim Flagg, UKAI boss, said the debate around sovereign AI should focus on growth and [...]
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 [...]
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 [...]
Apple and Amazon defy Wall Street gloom on iPhone and cloud sales October 31, 2025 Tech behemoths Apple and Amazon have defied expectations with results that outshone Wall Street forecasts, rounding off a big week of earnings from the world’s most powerful firms. Both companies posted double-digit revenue growth and upbeat outlooks, calming investor nerves after a rocky few days for the wider tech sector. While Apple reported a surge [...]
Big Tech earnings: Investors reward AI returns, punish spending spree October 30, 2025 Wall Street was shaken up by Silicon Valley heavyweights overnight as a trio of Big Techs laid bare the cost of their AI strategies. Alphabet, Meta and Microsoft all reported earnings after the bell on Wednesday, offering investors a glimpse into the now trillion-dollar race to lead the AI boom. But, while Alphabet, Google’s parent [...]
Apple and Microsoft to join Nvidia in $4tn club amid AI market boom October 28, 2025 Apple and Microsoft are each within touching distance of a $4tn (£3.01tn) market valuation, setting the stage for a big week of earnings on Wall Street as investor confidence in AI continues to propel Big Tech stocks to new heights. Both tech heavyweights’ shares rose on Monday, leaving them less than two per cent away [...]