Darktrace signs multi-million-dollar deal with top global airline January 18, 2022 Darktrace, a global leader in cyber security AI, today announced that one of the world’s largest airlines has signed a major renewal with Darktrace as it continues to use Self-Learning AI technology to defend against cyber-attacks.
Darktrace shares dive after short seller ShadowFall bets against tech darling’s stock January 17, 2022 Shares in tech darling Darktrace plunged this morning after reports emerged of short seller ShadowFall betting against the stock.
LSE defends itself against criticism over tech firm valuations January 13, 2022 The London Stock Exchange has defended itself after criticism that it was “toxic to tech companies” by an investor in Darktrace and Deliveroo. Neil Shah, the LSE’s tech sector specialist, told The Telegraph that there were “lots of good companies achieving robust valuations in London”. Many of the tech firms that have gone public in [...]
Darling Darktrace is back: Shares climb 20 per cent following revenue boom January 11, 2022 Darktrace surged 20.8 per cent after it raised its full-year outlook for revenue and earnings margin following strong customer growth and retention in the first half of the year.
Global tech stocks show signs of recovery after sharp sell-off January 11, 2022 Global tech stocks have shown signs of a rebound following a sharp sell-off in recent days.
London markets rebound as retailers lead FTSE 100 higher January 11, 2022 London markets rebounded from a poor day yesterday, led higher by investor sentiment toward retailers strengthening after a strong Christmas trading period. The capital’s premier FTSE 100 index climbed 0.39 per cent to 7,474.07 points, while the mid-cap FTSE 250 index, which is more aligned to the health of the UK economy, added 0.59 per [...]
Could tech stocks lose their shine in 2022? January 7, 2022 If you wanted to put money in the stock market over the past five years, then a sure-fire bet has been to invest in US tech stocks, which have significantly outperformed the wider markets. That divergence in performance has been particularly noticeable since the start of the pandemic, as the crisis spurred new ways of [...]
London markets shake off Omicron fears as investors brace for Christmas break December 22, 2021 London markets have shaken off fears over the Omicron variant’s impact on the UK’s economic recovery from the pandemic as investors brace for the Christmas break. The capital’s premier FTSE 100 index closed 0.61 per cent higher at 7,341.66 points, while the mid-cap FTSE 250 index, which is more aligned to the health of the [...]
FTSE: Lloyds, Barclays and Natwest shares surge on Bank of England surprise interest rate hike December 16, 2021 London markets are up around one per cent this lunchtime after a surprise interest rate hike from the Bank of England saw Lloyds Bank, Barclays and Natwest shares take off. The capital’s premier FTSE 100 index was still up 0.99 per cent after the rates call from Threadneedle Street, while the mid-cap FTSE 250 index, [...]
Pure Gym shelves IPO for £300m KKR equity fundraising December 14, 2021 The UK’s largest gym chain Pure Gym today announced it has raked in £300m equity investment from private equity giant KKR, choosing to funnel fresh funds into its expansion plans before hitting public markets. KKR will become a significant minority investor in Pure Gym following the fundraising, alongside the company’s management and its existing majority [...]