Nvidia stock dips despite record quarter as uncertainty spooks markets August 28, 2025 Nvidia’s earnings once again beat expectations last night, but the AI chipmaker’s shares slipped in after-hours trading due to ongoing uncertainty over China. The Silicon Valley-based group, now worth more than $4tn (£3.1tn) reported fiscal second-quarter revenue of $46.7bn, up 56 per cent year on year, with adjusted earnings per share of $1.05. Both figures came in [...]
Are franchise IPOs the end game for The Hundred’s £1bn investors? August 28, 2025 Have The Hundred’s investors figured out yet how they will make a return? Look out for minority stake sales and maybe even listings in India, says Ed Warner. Never make an investment without having a plan on how to sell it. Illiquidity can scupper the most enticing of propositions. The very best portfolio managers, especially [...]
Business has never been a man’s world – meet the women who bankrolled history August 28, 2025 A new history challenges the myth that business was “just for men” by uncovering the forgotten stories of powerful female entrepreneurs, bankers, and industrialists who have been crucial to building global prosperity throughout the ages, writes Victoria Bateman Hidden away inside the British Museum is a little-known collection of women’s business cards dating to the [...]
Mass hallucinations: How I caught a rogue AI reporter August 27, 2025 The ‘customer’ in the fried chicken shop didn’t touch his meal. Instead, he photographed the kitchen door’s keypad and left. ‘Corporate spy,’ muttered the cashier before showing me three identical incidents caught on his security cameras. This is the opening line of a pitch I received from a writer called Joseph Wales, entitled “London’s Fried [...]
Retailers’ woes stretch into second day after bearish Deutsche note August 27, 2025 A sell-off affecting some of the UK’s largest retailers has extended into a second day, after an analyst warned the spectre of higher taxes in the Autumn Budget, a softening labour market and sticky inflation will dent consumers’ spending habits. Shares in AB Foods, Wickes and B&Q-owner Kingfisher all shed between one and 1.5 per [...]
Premier League fans prepare to rack up air miles in Champions League August 27, 2025 Arsenal, Chelsea and Tottenham Hotspur fans could be racking up the air miles this season in the Champions League after far-flung Kairat Almaty and Bodo/Glimt booked their spots in the league phase. The same applies to supporters of Liverpool, Manchester City and Newcastle United as the Premier League will have an unprecedented six clubs in [...]
London Broncos apply to be Super League expansion club August 27, 2025 The London Broncos rugby league team have applied to join an expanded Super League next season, the club have confirmed. Super League is growing from 12 teams to 14 in time for the 2026 season, with the Broncos one of 12 clubs expressing an interest in joining the English top flight. “London Broncos can confirm [...]
Microsoft negotiations threaten to delay OpenAI’s restructuring August 27, 2025 OpenAI’s plan to restructure its business and raise billions in new funding is being stalled as it remains locked in complex negotiations with its largest investor, Microsoft. The ongoing talks, which could extend beyond the end of the year, as reported by the Financial Times, centre on key points of contention that could impact the [...]
Retail sales fall for eleventh consecutive month August 27, 2025 UK retail sales have continued their steady decline as price pressures weigh on already-stretched consumers, according to new data. The CBI’s monitor for annual retail sales was little changed at -32 in August, from -34 in July. “Weak demand and higher labour costs continue to put pressure on margins, dampening sentiment across the retail and [...]
Jubel CEO: ‘We’re doing something different and it’s working’ August 27, 2025 When CEO and founder of Jubel, Jesse Wilson, left his corporate role to create his own lager, he knew he wanted to carve out a peach-shaped niche in a saturated beer market. Since its launch in 2018, Jubel has reached that goal, with its trademark fruity lager on tap in nearly 1,500 pubs across the [...]