43 h. ago UK stocks dive as tech bubble worries and Budget speculation mount

The index was losing around 140 points, or about 1.4%, on Friday morning.

Politics

5 d. ago Sam Altman’s bet: Can OpenAI’s ambitions keep pace with industry’s soaring costs?

As investor jitters grow, the loss-making ChatGPT firm’s vast spending commitments test the limits of Silicon Valley optimismIt is the $1.4tn (£1.1tn) question. How can a loss-making startup such as OpenAI afford such a staggering spending commitment?Answer that positively and it will go a long way to easing investor concerns over bubble warnings in the artificial intelligence boom, from lofty tech company valuations to a mooted $3tn global spend on datacentres. Continue reading...

Politics

8 d. ago 'Big Short' Michael Burry's $1bn bet on a market crash pays off as stocks suffer WORST day since tariff meltdown

Cracks are showing on Wall Street. With trillions in market value wiped away in a matter of days, the man behind The Big Short may have just called the top of the tech bubble.

Economics

9 d. ago ITV delays some programmes amid knock to ad spend prompted by Budget worries

The broadcaster said it is bracing for total advertising revenues to slump by around 9% over the final three months of the year.

Economics

1 week ago £400billion slump in AI stocks fuels fears tech bubble is about to burst

Nearly £400billion has been wiped off the value of artificial intelligence stocks in a market rout that fuelled fears the bubble is about to burst.

Economics

1 week ago Lewis Hamilton admits Ferrari reality as 'senior figures' make contract stance

Lewis Hamilton has spoken out about his underwhelming start to life at Ferrari as the seven-time world champion sees speculation surrounding his future mount

Politics