Cathie Wood warns AI frenzy risks investor losses August 4, 2024 Tech investor Cathie Wood has warned that the fenzy around artificial intelligence that has boosted US tech stocks could leave investors scorched.
Warren Buffett’s Berkshire Hathaway dumps half of its Apple stake August 4, 2024 Warren Buffett’s Berkshire Hathaway has dumped half of its Apple holdings as it continues to trim its position in the company.
Elliott warns Nvidia is in ‘bubble land’ and AI is ‘overhyped’ August 2, 2024 Hedge fund Elliott Management has slammed artificial intelligence technology as "overhyped", warning that star stock Nvidia is in "bubble land".
Apple pins hopes on AI for iPhone upgrades as China sales falter August 2, 2024 Apple said its third-quarter iPhone sales were better than expected and forecast more gains on Thursday as it bets on artificial intelligence to attract buyers, even as its overall China business disappointed.
Five cocktails to celebrate the Olympics and their host city Paris August 1, 2024 With temperatures set to soar to the late-twenties over the next few days and the Olympics on television, these simple yet sophisticated home cocktails are the ideal accompaniment for your ongoing summer of sport. So grab a glass, gather your friends, and let the games begin. The French 75 This is a Parisian classic. Originally [...]
Magnificent Seven market concentration is a problem everywhere, not just on Wall Street July 31, 2024 ‘Market concentration’ is a phrase on the lips of a lot of the market right now, especially as the Magnificent Seven tech stocks continue to swell in size. The Magnificent Seven is made up of the Big Five tech stocks; namely Alphabet, Amazon, Apple, Meta and Microsoft, plus Nvidia and Tesla. Making up more than [...]
Week ahead: Market holds breath for busy central bank week July 28, 2024 Markets are preparing themselves for one of the busiest weeks of the calendar, with the Federal Reserve, the Bank of England, and Bank of Japan all deciding the path for interest rates in their country over the next five days.
FTSE 100 bounces back into green after tech sell-off July 26, 2024 FTSE 100 stocks have taken a dive this morning after a set of poor earnings reports and American markets suffering their worst day in two years.
The Notebook: Falling fares spell trouble for airlines while Big Tech set for monster quarter July 24, 2024 Where the City’s movers and shakers get a few things off their chest. Today, it’s Victoria Scholar, head of investment at Interactive Investor, with the pen, talking airline stocks, Big Tech earnings season and her summer listening picks Turbulence at Ryanair, BA and Easyjet Airline stocks are having a turbulent time. Just on Monday, shares [...]
Raspberry Pi is a ‘buy’: Analysts compare British chip stock to Microsoft, Apple and Nvidia July 23, 2024 Analysts believe Edge computing could be a game-changer for Raspberry Pi.