How are AI hedgies finding the next Nvidia and what are they betting big on? February 16, 2024 As Nvidia becomes Wall Street’s third most valuable company, where else are hedgies looking to place their AI related bets?
A battle is brewing in No10 over AI regulation February 16, 2024 An increasing number of MPs are getting frustrated over the government dragging its heels on regulating AI - a technology it has identified as a potential “existential threat”.
How to cure the City’s depression? Some retail investor therapy February 16, 2024 The London Stock Exchange needs wide reform, but recentering the role of retail investors could be a shot in the arm, writes Fraser Thorne.
Applied Materials shares surge 12 per cent on bullish revenue forecast amid AI craze February 16, 2024 Applied Materials, a leading supplier of semiconductor equipment, witnessed a remarkable surge in its shares by more than 12% during after-hours trading on Thursday.
Cambridge tech firm Checkit halves losses as it eyes profitability February 15, 2024 Software company Checkit has said its path to profitability is moving faster than expected, after it has halved losses year on year.
Relx revenue jumps as demand for the firm’s AI tools and data analysis surges February 15, 2024 Tech group Relx's revenue surpassed £9bn in the 2023 financial year as the company benefitted from the growth of information-based analytics and decision tools.
AI platform Cordel begins data contract with Network Rail to improve engineering on HS1 February 14, 2024 Artificial intelligence platform Cordel Group has commenced its contract with Network Rail, providing high-tech data capture services on High Speed one.
Arm shares double in three days as investors cheer company’s AI-driven earnings boom February 13, 2024 Shares in the newly public chip company Arm soared over 40 per cent on Monday as a three-day rally post earnings continues.
Parcel deliverer Yodel saved from brink by fast growing rival Shift February 13, 2024 Parcel delivery group Yodel has been saved from the brink of collapse by rapidly-scaling competitor Shift overnight.
Moving markets: Five things shaping the FTSE 100 today February 13, 2024 U.S. stocks closed mixed, while Asia saw modest gains. Bitcoin hits $50,000, oil prices remain stable, and the focus shifts to UK labour market data and U.S. inflation.