Is America’s ‘woke backlash’ a warning? July 22, 2024 With Microsoft scrapping a DEI team and Elon Musk moving to Texas, is the tide turning on the ‘woke’ agenda – and should businesses pay attention? Asks Eliot Wilson When America sneezes, Britain catches a cold. It is an idea that became popular after the Wall Street Crash of 1929, when the fall in New [...]
Elon Musk: SpaceX tender offer could value startup at record $210bn June 27, 2024 The space and satellite company was last valued at $180bn in a December transaction and is the world's second most valuable startup.
Why Scottish Mortgage trust is selling Nvidia June 5, 2024 Scottish Mortgage, the second largest investment trust in the UK, has warned that though the future for AI is bright, companies like Nvidia might not carry on bringing in the record gains that they have managed over recent months. While Scottish Mortgage is on board with the vision of an AI future, deputy manager Lawrence [...]
Elon Musk: Battle over £44bn payday looking tougher for Tesla boss May 27, 2024 Tesla is facing a shareholder revolt over plans to award boss Elon Musk a record-breaking $56bn (£44bn) bonus, with the firm's second-largest investor behind Musk himself now advised to block the deal.
Filtronic shares soar 52 per cent after landing Spacex deal and raising guidance April 24, 2024 Shares in microwave technology firm Filtronics soared as much as 52 per cent on Wednesday morning after it unveiled a new long-term deal with SpaceX's Starlink platform that could make Elon Musk's company a major shareholder.
Baillie Gifford’s Schiehallion offsets concerns about private company values with NAV growth April 4, 2024 Schiehallion, the Baillie Gifford fund, has reported that its discount widened last year amid negative market sentiment towards its investments and challenging macroeconomic conditions.
World’s richest people revealed as top 20 add $700bn to their wealth April 2, 2024 The world's 20 richest people have added around $700bn to their combined wealth over the last year, according to Forbes latest rich list.
Worst corporate jargon of the week: Blue sky thinking March 28, 2024 City A.M.'s stand against corporate jargon this week takes aim at blue sky thinking, domain of self-help gurus who we'd rather see on Mars.
Bologna is the REAL food capital of Italy – here’s why March 27, 2024 A weekend break in Bologna will always be about the food – with its UNESCO porticos and unique cuisine it's Italy's biggest secret
Meet the fund managers: Investing in the American dream March 25, 2024 In this new weekly series, investment reporter Elliot Gulliver-Needham sits down with a fund manager for a Q&A. This week, we’re hearing from Gary Robinson, fund manager of Baillie Gifford US Growth Trust