FTSE 100 today: London stocks to stay subdued in light trading as Asia and Europe mark Labour Day holidays May 1, 2024 Asian markets were mixed following Wall Street's poor performance. Concurrently, oil prices experienced a decline while gold remained stable. Starbucks, AMD, and Supermicro saw significant stock declines. Now, all eyes are on the upcoming US Federal Reserve policy decision and Chair Jay Powell's remarks.
Amazon’s stock surges on strong earnings, fuelled by AI-driven cloud growth May 1, 2024 Amazon.com surpassed Wall Street's expectations in its quarterly report, buoyed by the surge of interest in artificial intelligence, particularly in its cloud-computing division, propelling the retail giant's shares up to 5% in after-hours trading.
GUEST EXPECTATIONS AND SUSTAINABILITY: CAN SUSTAINABLE PRACTICE BOOST THE HOSPITALITY EXPERIENCE? April 30, 2024 A new study from FuturePlus and Relative Insight, based on 130,000 hotels worldwide reported that at least 6.2% were certified with some form of sustainability certification scheme. Indeed, social, economic, and environmental sustainability concerns have created demand across numerous industries for products and services that can work towards such sustainable goals. Do sustainable practices, however, [...]
Retail traders care more about ‘finfluencers’ than their family April 30, 2024 Over a third of retail traders have said they would be more likely to listen to the advice of 'finfluencers' than members of their family.
The Notebook: For the UK’s poorest, things are only getting worse – just look at the numbers April 30, 2024 Ian Whittaker takes the Notebook pen to write about inflation, the US's Tiktok ban, and a little bit of life advice.
FTSE 100 today: London markets set to extend record streak on strong global cues April 30, 2024 Asian stocks tracked Wall Street's gains, while Japan's yen held firm after suspected intervention spurred sharp gains. Oil prices dipped amidst Israel-Gaza ceasefire talks, and China's factory activity expanded for the second month. Investor attention was on the upcoming Fed policy decision and earnings reports from Amazon.com and Coca-Cola.
Financial Times announced as latest publication to ink deal with OpenAI April 29, 2024 OpenAI is reportedly offering news organisations as much as $5m per year to license their copyrighted content to train its AI models.
Ferrari-owners Exor to lead £12m funding round for British AI company Jigsaw April 29, 2024 Before Jigsaw, the co-founders worked on building XRef, a proofreading software company, which they sold for a reported $10m (£8m).
Meet the fund manager: Stephen Yiu on Meta, Nvidia and cashing in on the AI boom April 29, 2024 In this weekly series, investment reporter Elliot Gulliver-Needham sits down with a fund manager for a Q&A. This week, we’re hearing from Stephen Yiu, manager of Blue Whale Growth fund.
The Notebook: Macron’s Olympian swim is good PR, but the water crisis needs serious attention April 29, 2024 Kate Elliot, head of sustainable research at Greenbank Investments, takes the Notebook pen to tell us why the water crisis is so urgent.