Anglo American shares surge as Glencore reportedly mulls a takeover May 3, 2024 Shares in Anglo American have shot to the top of the FTSE 100 this morning after reports that rival Glencore was mulling a potential bid for the firm.
Tether posts record Q1 profits as USDT keeps growing May 3, 2024 The second quarter of 2024 has been off to a rocky start for crypto. Currently, down around 20% from Bitcoin’s $73,700 high, the market has been hurting from threats of world war three, sustained US inflation and what seems like an onslaught of attacks from the US government. One crypto company in particular will be missing Q1 after they just released details of its incredible performance.
AI healthcare firm Cera forecast to save NHS £1bn per year by 2026 May 3, 2024 Artificial intelligence (AI) driven home healthcare firm Cera is set to save the NHS up to £1bn per year via preventative care technology. Cera, founded in 2016 by London based doctor Ben Maruthappu, uses AI technology to reduce unnecessary hospitalisations and ease the burden on the buckling NHS. The company’s model is already preventing an [...]
Apple shares surge 6 per cent on earnings report and historic $110 billion buyback May 3, 2024 Apple's stock surged by over 6 per cent in after-hours trading on Thursday after the tech giant surpassed analysts' subdued expectations for quarterly revenue and announced the largest share buyback program in US history.
Songs to return to Tiktok as it strikes licensing deal with Universal Music May 2, 2024 Tiktok and Universal Music have struck a deal to return songs by popular artists like Billie Eilish and Harry Styles to the social media site.
Calls for a ‘British Library’ of the public’s data grow to help drive AI progress May 2, 2024 A think tank has called for the creation of a 'British Library' of the public's data to help improve Britain's position in the global AI race.
The Notebook: Has London revived its rave scene? May 2, 2024 Susannah Streeter takes the Notebook pen to have her say on the Tiktok ban, Shein's search for a float, and London's new rave scene.
FTSE 100 today: London shares poised to rise after US Fed maintains status quo; eyes on Apple and StanChart earnings May 2, 2024 Asian markets opened cautiously on Thursday after the US Federal Reserve signalled a delay in interest rate cuts, dragging Wall Street lower. Oil prices surged in anticipation of US reserve replenishment, and the yen strengthened amid intervention speculation. Qualcomm's stock surged on strong earnings. Focus now turns to earnings reports from Apple and StanChart.
Meet the Fund Manager: Stephen Yiu talks Meta, Nvidia and AI boom May 1, 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 the Blue Whale Growth fund.
MPs call for AI Act to protect music industry May 1, 2024 The APPG's report makes eight recommendations to the Government, including the implementation of a UK AI Act, the labelling of AI-generated copy, and a personality right to protect artists from deepfakes.