FTSE 100 today: Blue-chip set to open lower amid stalled Fed cut bets and EU political uncertainty June 10, 2024 Asian stocks dipped and the euro weakened after far-right gains in the EU elections. All eyes are on the US Fed and BOJ policy decisions.
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 [...]
FTSE 100 today: London markets set for muted open ahead of ECB rate cut decision June 4, 2024 Doubts about US exceptionalism drive Asian market decline. UK spending slows in May. Investors watch ECB and BOC policies.
FTSE 100 today: London markets set to open lower amid US rate cut and domestic political uncertainty May 29, 2024 Asian markets fell on inflation fears, IMF raised China's growth forecast. Investors await Fed speeches, Beige Book, Friday's PCE index.
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.
The Notebook: The Tories’ parting gift to the City? A puffed up FCA they failed to control May 23, 2024 The Conservative Party's parting gift to the City? An overreaching regulator that they were too slow and tired to deal with.
China’s BYD nears deal to supply London’s electric double decker buses May 19, 2024 Chinese automaker BYD is closing in on a deal that would see it supply all-electric double decker buses in London.
FTSE 100 today: London markets set to extend positive streak; trends hinge on US inflation data May 15, 2024 Asian stocks mirrored Wall Street's rally. Sony surged on buyback news. Eyes on US CPI data and Burberry earnings.
FTSE 100 today: London markets set to extend bull run on renewed global rate cut optimism May 10, 2024 Asian markets surged with Wall Street, reflecting growing investor confidence, with Europe, including London, set to follow.
As sales slump, how has Tesla been impacted by Musk buying Twitter? May 9, 2024 Tesla sales are down, its Cybertruck product is facing recalls, and the automaker is cutting jobs – and prices – in response. Some investors have put this decline in fortunes down to the fact that Tesla’s CEO, Elon Musk, is also dealing with running media giant X/Twitter. Others, meanwhile, have pointed to the broader tides [...]