Things used to be simple in the markets. AI would carry US stocks higher for a couple of years, regardless of what the economy looked like. But this story broke down in recent days, even with the king of AI stocks, Nvidia, delivering another strong set of numbers. The market cheered for an hour, and
Ocado share price continued its painful crash this week as it plunged to its lowest level since 2013. It has plunged from the pandemic high of 2,910p to the current 187p as setbacks accelerated. So, is it safe to buy the dip in this fallen angel? Ocado in trouble amid Kroger woes Ocado, a top
PayPoint share price suffered a big reversal after forming a triple-top pattern on the weekly chart and after publishing relatively weak financial results. PAY plunged by over 20% in its worst day in years. It moved to a low of 512p, its lowest point since June last year. PayPoint share price crashed after forming a
The UK has moved to broaden its digital safety net with the formal introduction of the Cyber Security and Resilience bill in Parliament. The proposal arrives at a time when attacks on business networks, public services, and critical infrastructure continue to rise, pushing the government to expand the scope of regulation. The bill focuses on
Bridgewater Associates founder Ray Dalio believes artificial intelligence spending has created bubble‑like conditions in financial markets. Yet despite the froth, he cautions investors against rushing to liquidate their holdings. Speaking with CNBC this week, Dalio argued that bubbles do not automatically translate into immediate losses, and that investors should remain disciplined rather than panic. His
Amazon’s recent workforce reduction has reshaped large parts of the company, with engineering roles emerging as the most affected category. The layoffs, announced last month, spanned cloud services, devices, advertising, retail and grocery businesses. State filings in New York, California, New Jersey and Washington confirmed that almost 40% of more than 4,700 cuts in those
JPMorgan strategists issued a stark warning this week: MicroStrategy risks exclusion from major equity indexes, potentially triggering a cascade of forced selling that could drain nearly $9 billion in passive fund holdings. The culprit isn’t business weakness; it’s the company’s extraordinary Bitcoin holdings, which now dominate its balance sheet and have prompted global index providers
Nvidia just delivered the earnings beat Wall Street needed to silence skeptics about the AI spending cycle. The company posted $57 billion in quarterly revenue, blowing past its own $54 billion guidance by $3 billion. Nvidia reported a strong earnings per share (EPS) of $1.30 for Q3, beating analysts’ expectations of around $1.26 and reflecting
Nvidia Corp. shares rallied after the AI-chip bellwether smashed Wall Street’s third-quarter projections and signalled another record period ahead, easing fears that the sector’s breakneck growth is fading. The stock rose more than 4% in late trading as investors cheered both the headline numbers and a guidance range that exceeded expectations. Earnings per share came
Asian semiconductor stocks rallied sharply on Thursday after Nvidia reported stronger-than-expected quarterly results, helping calm concerns that rapid investment in artificial intelligence could be forming a market bubble. The surge lifted major technology indexes across the region, reflecting renewed confidence in the global chip cycle and continued momentum in AI infrastructure spending. Broad-based rally across