3 h. ago Nvidia shares tumble on signs Google gaining upper hand in AI

Chipmaker hit by $300bn sell-off in early trading

Politics

5 d. ago FTSE 100 Live 20 November: Markets rally on Nvidia cheer, Games Workshop surges

Forecast-beating Nvidia results have changed the mood after a jittery run for global stock markets.

Economics

5 d. ago FTSE 100 Live 20 November: Markets rally on Nvidia earnings, Games Workshop surges

Forecast-beating Nvidia results have changed the mood after a jittery run for global stock markets.

Economics

5 d. ago Asian shares surge as Nvidia's strong quarterly earnings lift sentiments

Asian shares have surged after Nvidia reported stronger than expected quarterly earnings, soothing worries that AI-driven stock prices may have shot too high

Politics

5 d. ago Nvidia’s earnings results are in and they’re a pulse check on frenzied AI spending

Investors were starting to wonder if the AI craze has been overblown

Politics

5 d. ago All eyes on Nvidia earnings in wait for results on AI boom or bubble: ‘Most important stock in the world’

Investors are starting to wonder if the AI craze has been overblown

Politics

1 week ago 'I added 33p item to my tumble dryer and my clothes are now crease

Tumble dryers are incredibly energy-intensive and significantly contribute to energy bills. But one woman has found a way to speed up drying time in the appliance.

Politics

1 week ago SoftBank shares dive after Nvidia sale puts AI valuations in spotlight – business live

Rolling coverage of the latest economic and financial news, as investors ponder AI valuations and SoftBank’s growing funding demands for OpenAIJapan’s government is growing anxious about its weakening currency.The yen, which has been generally weakening since the start of October, is approaching the significant level of ¥155 to the dollar, a point where Toyko has intervened in the markets before“We’re seeing one-sided, rapid currency moves of late.The government is watching for any excessive and disorderly moves with a high sense of urgency.”The reopening of the U.S. government has been a bittersweet elixir for the greenback.On one hand, risk is back on — stocks have caught a second wind, buybacks are flowing, and high-beta FX like AUD are catching the same tailwinds that power stocks. On the other hand, the same optimism that revives equity appetite also reawakens the yen’s old nemesis: carry.“We have delivered a resilient performance thanks to the hard work of our teams on the gro...

Economics

1 week ago Panic grips Wall Street as tech's 'Warren Buffett' quietly offloads ALL stock in world's biggest company

The move has rattled traders already spooked by a growing chorus of warnings about the overheated stock market.

Events

2 w. ago SoftBank sells stake in Nvidia for $5.8bn as it doubles down on OpenAI bets

Shares in chipmaker Nvidia fall after announcement by Japanese investor, with other tech shares also slippingBusiness live – latest updatesThe Japanese technology investor SoftBank intensified the debate about valuations in the artificial intelligence world on Tuesday by revealing it had sold its stake in the chipmaker Nvidia.In its latest quarterly results, SoftBank showed it had sold its shares in Nvidia for $5.8bn (£4.4bn) in October, as it doubles down on its bets on OpenAI, the group behind the ChatGPT chatbot. It also reported that second-quarter net profit more than doubled to 2.5tn yen (£12.2bn), driven by valuation gains in its OpenAI holdings. Continue reading...

Economics

2 w. ago Asian shares are mostly lower despite Wall St rally and a potential end to the US shutdown

Asian shares are mostly lower as a rebound fueled by buying of technology shares loses steam

Events

3 w. ago Amazon shares surge as AI boom fuels cloud growth; Nvidia boss says selling chips in China is Trump’s call – as it happened

Rolling coverage of the latest economic and financial newsSouthern Water has ended its three month hosepipe ban that covered most of Hampshire and the Isle of Wight.The water company, which told its customers that the River Test and River Itchen were at “critically low levels” in July, said it was able to lift the ban after wet weather in September and October.We’re incredibly grateful to our customers for their support and understanding during this challenging time.By working together, we’ve not only saved millions of litres of water each day, but also helped protect our precious chalk streams. Continue reading...

Politics

3 w. ago Amazon shares surge as AI boom fuels cloud growth; Nvidia boss says selling chips in China is Trump’s call – business live

Rolling coverage of the latest economic and financial newsSouthern Water has ended its three month hosepipe ban that covered most of Hampshire and the Isle of Wight.The water company, which told its customers that the River Test and River Itchen were at “critically low levels” in July, said it was able to lift the ban after wet weather in September and October.We’re incredibly grateful to our customers for their support and understanding during this challenging time.By working together, we’ve not only saved millions of litres of water each day, but also helped protect our precious chalk streams. Continue reading...

Politics

3 w. ago Pop star who 'already has upper hand' eyes up Celebrity Traitors series two

Rumours are swirling over who could be playing as a Traitor or Faithful in the second series of the BBC competition.

Politics

4 w. ago Qualcomm shares jump as it launches new AI chip to rival Nvidia

San Diego-based chipmaker strikes deal to sell new data centre processor to Saudi group Humain

Politics

4 w. ago Rightmove issues housing market update and says whether now is a good time to buy or sell

The property site says "buyers have the upper hand right now"

Economics