Nvidia: Analysts say “more juice for the orange” as share price spikes August 20, 2023 Ahead of its second-quarter results, American chip designer Nvidia is riding high after a successful first half, with shares skyrocketing over 200 per cent since January, and analysts foreseeing more gains. Nvidia, the S&P 500’s star of the year, is anticipated to report a 65 per cent year on year sales surge to $11.1bn (£8.7bn). Earnings [...]
Bitcoin slips below $29,000 as Ethereum loses its grip on $1.8k August 17, 2023 Bitcoin and Ethereum are both down by almost 2% in the last day, in line with stock markets, which slid for the second consecutive day.
Asian markets hit lowest mark for 2023 amid fears over state of Chinese economy August 17, 2023 Chinese economy data has cast a cloud over Asian stocks this morning which have hit a nine-month low, with Europe set to follow
Bitcoin and Ethereum dip as altcoins slip into the red August 16, 2023 Bitcoin is sitting above $29.1k while Ethereum is trading around the $1.8k mark, both down by around 1% on the day.
Admiral: Insurance giant hikes prices by 20 per cent to stave off inflation hit August 16, 2023 Insurance group Admiral ramped up its prices by 20 per cent in the first half of the year to stave off the worst impact of rampant inflation on its profits margins. In its half year results today, the London-listed motor insurance specialist posted a four per cent bump in profits in the six months to [...]
Headline inflation slows again but Bank set for further rate rise August 16, 2023 Inflation has fallen to 6.8 per cent thanks to energy price falls, but core inflation remains sticky
Revamped DP World Tour to return to China August 14, 2023 The DP World Tour has announced a revamped format with a record prize pot for 2024 with the tour returning to China for the first time since 2019. The tour announces a phased season in a first major announcement to the schedule since the tour struck a deal with LIV Golf and the PGA Tour [...]
FTSE 100 close: London subdued on quiet earnings day as YouGov mulls US listing August 14, 2023 London’s FTSE 100 started the week in subdued fashion, as a quiet earnings day was overshadowed by reports that YouGov is mulling a US listing. The capital’s premier blue chip index closed the day on 7,495.24 points, down 0.88 per cent, while the FTSE 250 index, which is more aligned with the domestic economy, was [...]
Strong services drive US producer prices higher in July as Fed expected to keep rates steady August 11, 2023 U.S. producer prices increased slightly more than expected in July as the cost of services rebounded at the fastest pace in nearly a year, but the trend remained consistent with a moderation in inflationary pressures. The producer price index for final demand rose 0.3 per cent last month, the Labor Department said on Friday. Data [...]
Fantasy Premier League: No Haaland and a 4-5-1 – can ChatGPT beat humans at FPL? August 11, 2023 Today marks the start of the 2023/24 Premier League season, and by extension the 2023/24 Fantasy Premier League (FPL). And while everybody else was busy transferring out Harry Kane and worrying about Ramsdale’s starting spot at Arsenal given the arrival of Raya, we were wondering if this is the year ChatGPT might be able to [...]