Apple: China takes a bite out of numbers but tech giant beats consensus February 2, 2024 Apple missed sales estimates in China but held on to profits elsewhere, it told its investors on Wall Street last night
EU AI Act will set the global standard, so British businesses must keep up February 2, 2024 The EU's landmark AI act will likely set the tone for global standards, so British companies should not rest on their laurels, writes Nick White.
Tech giants Meta and Amazon drive tech rally; Apple suffers from China woes February 2, 2024 Meta surged 15% post-market on strong revenue, dividend, and a $50 billion buyback; Amazon rose 7% on solid earnings and AWS growth; however, Apple fell 3% on a China sales miss and revenue forecast drop.
Business travel trends 2024: The changing face of the work trip February 1, 2024 Business travel trends for 2024, from objective stacking to AI PAs – the top five changes to work trips in the year ahead
BAE Systems unveils AI military training programme February 1, 2024 BAE Systems is ramping up its innovation efforts, this time by being the first in its industry to create an AI-powered learning system meant to make military trainees “mission ready sooner”. In partnership with Cambridge-based and AI-powered tech scale up, Obrizum, the British defence giant has curated a platform that combines the arms of its [...]
FTSE 100 today: London markets brace for cautious start amid weak global cues, BoE policy decision holds key February 1, 2024 Asian markets mimic Wall Street's decline while oil prices rise amid Middle East tensions. Investors await the Bank of England policy decision and focus on upcoming earnings reports from Apple, Amazon, and Meta.
Earnings watch: Apple, Amazon, and Meta reports to set market tone February 1, 2024 Earnings reports from tech titans Apple Inc, Amazon.com, and Meta Platforms Inc, slated for Thursday, are poised to steer stock movements this week.
FTSE 100 close: Bluechip index closes lower as investors await Fed’s interest rate decision January 31, 2024 London’s FTSE 100 closed in the red as investors await the latest interest rate decision from the US Federal Reserve later today, while big tech results last night soured risk sentiment. The FTSE 100 ended 0.47 per cent lower at 7,630.57 while the midcap FTSE 250 index, which is more aligned with the health of [...]
Microsoft and Google: Results show a cautious market reaction to AI spending January 31, 2024 Microsoft and Google both reported strong quarterly earnings today but the tech giants failed to satisfy the market.
Universal to pull songs from TikTok while demanding protection from ‘harmful effects of AI’ January 31, 2024 Universal Music has said it plans to strip its extensive song library from TikTok amid payment negotiation breakdowns.