London Stock Exchange owner’s growth meets estimates as it leans into Microsoft data deal April 25, 2024 The London Stock Exchange Group (LSEG) has reported first-quarter growth in line with analysts' estimates as it plans to start releasing products from its tie-up with Microsoft in the coming months.
WPP expects to return to growth in second-half as AI tools ‘deployed at scale’ April 25, 2024 For the full year, the company said it expected to report like-for-like revenue growth less pass-through costs of zero to one per cent.
FTSE 100 today: BHP pounces on Anglo American while Meta drags tech lower April 25, 2024 US stocks saw a slight rise amid volatility. Asian stocks declined as Meta reignited tech sell-off, and the Japanese yen dropped below ¥155. Meta's stock fell 15 per cent, contributing to market turbulence. Despite this, oil and gold prices held steady. Investors now await US Q1 GDP data and earnings updates from Alphabet, Microsoft, Intel and Barclays.
Andrew Tyrie: How greater competition could spur productivity growth April 25, 2024 "The UK government does not have a framework in place for monitoring levels of competition in the economy that’s fit for purpose," Lord Tyrie said. "It badly needs one".
Meta’s stock tanks 15 per cent as AI spending rises, revenue outlook fails to impress April 25, 2024 Shares of Meta, the parent company of Facebook and Instagram, experienced a significant drop of more than 15 per cent during after-hours trading.
ESG Future Growth Forum Launches To Help Firms Balance Commercial and Sustainable Growth April 24, 2024 The ESG Future Growth Forum 2024, held at the prestigious X+Why venue on Colmore Row, Birmingham, UK, successfully concluded its inaugural event on Wednesday, April 10th. Bringing together leaders from various sectors including business, professional services, and finance, the forum served as a pivotal platform for executives committed to driving commercial success while prioritising ESG [...]
Regulator launches three investigations into Microsoft and Amazon April 24, 2024 The CMA is worried that big tech partnerships could give the likes of Microsoft and Amazon too much market power and harm competition.
National security is an ‘arms race’ says boss of chip designer Arm April 24, 2024 The chief architect at Arm said although national infrastructure is improving, there is a "tremendous amount" that needs to be done.
Even Conservatives admit that cuts to council funding have gone too far April 24, 2024 With a quarter of Conservative councillors admitting their local authority is struggling to provide the basics, change is clearly needed.
Tesla’s stock skyrockets 13 per cent after announcing speedier launch of ‘more affordable’ models April 24, 2024 Tesla's stock soared by over 13 per cent in after-hours trading, marking a significant rebound from its lowest point in 15 months.