Tesla leans on AI and robotics as earnings fail to woo investors April 23, 2026 Tesla delivered a mixed first quarter update on Wednesday evening, beating profit expectations but missing on revenue as its core car business continued to come under pressure. The electric vehicle maker reported earnings of 41 cents per share, ahead of the 37 cents expected. Meanwhile, revenue came in at $22.39bn (£16.6bn), dipping slightly below forecasts [...]
Scottish Mortgage manager Baillie Gifford eyes £3bn return on historic Space X bet April 22, 2026 Scottish investment juggernaut Baillie Gifford is in line to net a bumper £3.5bn return on its historic bet on Space X when the rocket maker floats on the stock market later this year, in what is believed to be one of the largest windfalls from a single debut in UK investment history. A City AM [...]
The cult of cute: The strange drama of corporate mascots April 21, 2026 While they remind us of our childhoods, mascots are as much a part of corporate culture as ever. Simon Coates asks why Last winter the language learning app Duolingo announced the death of its cartoon mascot, Duo the Owl. Duo had died, they said, after being hit by a car while he was waiting for [...]
DP World Tour events become first in sport to use Amazon Leo satellites April 20, 2026 Golf’s DP World Tour is to become the first live sport organiser to use Amazon Leo, the tech giant’s pioneering low-Earth orbit satellite broadband network. The European-based circuit will rely on Amazon Leo rather than miles of temporary fibre at tournaments to ensure more reliable high-speed internet connectivity essential for live scoring, broadcasting and commercial [...]
Morgan Stanley and Goldman Space X IPO plan to curb post-float selloff April 14, 2026 The Wall Street banks elected to work on Space X’s anticipated listing are drawing up plans to curb a post-IPO slump that could have detrimental effects to its valuation. Advisers on the deal are exploring whether insiders and early investors could be allowed to sell shares before the standard 180-day lock up has passed, according [...]
Peace in Iran – but for how long? April 9, 2026 Markets are decidedly relieved at news that despite unhinged threats from the orange occupant of the White House, a civilisation has not in fact been wiped out and the US reached a temporary ceasefire with Iran. But as Trump gets around the negotiating table – let’s hope he can stay awake – how certain can [...]
Saba’s final push sparks investment trust reckoning April 5, 2026 Edinburgh Worldwide Investment Trust has caved to years of pressure from US activist investor, Saba. Its chair tells Ali Lyon why it is asking shareholders to vote to break up the fund, and what it says about the wider investment trust industry. To Jonathan Simpson-Dent, being labelled a fraud, a liar and a romantic luddite [...]
Musk turns SpaceX IPO into sales push for Grok April 4, 2026 Elon Musk is using SpaceX’s blockbuster IPO to do more than raise capital, he is also driving adoption of AI business. Banks and advisers working on the listing have been required to purchase subscriptions to Grok, the chatbot developed by xAI, it was reported on Saturday. Several firms have already agreed to spend tens of [...]
Enry’s Island Unveils “Enry’s Island Adventures”: Venture Capital Becomes a Videogame and Launches the “Strap” Movement on Kickstarter April 3, 2026 Gaming, finance, and lifestyle merge to democratize the startup ecosystem: Enry’s Island opens 2026 applications for game development studios seeking more than just capital.
Space X kicks off IPO process with confidential filing April 2, 2026 Elon Musk’s Space X has confidentially filed to go public, bringing the rocket company a step closer to delivering what is expected to be the largest initial public offering in history. The Texas-based company submitted its draft IPO paperwork to the US Securities and Exchange Commission this week, according to the Financial Times, citing two [...]