… ture. “Investors are right to be worried about what seems to be a never-ending loop of AI deals but realistically the field of players isn’t all that vast and there was always going to be a degree of circular financing,” said Danni Hewson, head of financial analysis at AJ Bell …
… al engineering rather than physical engineering, courtesy of $82 billion of share buybacks in the 2010s, it makes perfect sense for Intel to raise money, especially after a five-fold increase in the stock price since last August,” said Russ Mould, investment director at AJ Bell …
… AJ Bell’s head of financial analysis, Danni Hewson said while the offer was significantly above where the company’s shares were trading before the Iran war, the figure was “still woefully short of the company’s pre-pandemic highs”. …
… l in the Middle East is at its worst since the Iran war started. “Investors are acutely aware of how many times we’ve already been at this point in the war and how fragile the process of securing lasting agreements can be,” said Danni Hewson, head of financial analysis at AJ Bell …
… Meanwhile, Tesla expects this year to spend up to $25bn on unspecified projects. “There is still a healthy degree of scepticism about the ability of these investments to generate a commensurate level of return,” Russ Mould, an investment director at AJ Bell, said. …
… Russ Mould, investment director at AJ Bell, said Ryanair was in a better position than many of its rivals, but nonetheless “visibility is worse than San Francisco airport when the fog sets in”. …
… Russ Mould, investment director at AJ Bell, said Ryanair was in a better position than many of its rivals, but nonetheless “visibility is worse than San Francisco airport when the fog sets in”. …
… They are trying to find ways to reach their retirement goals but also enjoy life.” Sarah Coles, head of personal finance at UK investment platform AJ Bell, warns that making the Fire philosophy work is increasingly challenging as most people simply cannot afford it. …
… BAT says this has fuelled an influx of illegal Chinese products, weighing on its sales and market share. “The tobacco industry has found the transition from cigarettes to next-generation products to be a slow one, “said Dan Coatsworth, head of markets at AJ Bell. …
… more than doubled in price between October 2025 and the start of 2026. “The race to build out AI data centres is resulting in a swift and significant increase in demand that chip makers are rushing to meet,” said Danni Hewson, head of financial analysis at investment firm AJ Bell …
Nvidia has agreed to provide a guarantee of up to $105 billion to help OpenAI lease a data centre in Ohio being developed by SoftBank-owned SB Energy, and will also invest $1.5 billion in SB Energy. Nvidia will be the exclusive chip provider for the facility, which will have a capacity of as much as 8 gigawatts, with the first 800 megawatts expected to come online in 2028.
Nvidia has agreed to provide a guarantee of up to $105 billion to help OpenAI lease a data centre in Ohio being developed by SoftBank-owned SB Energy, and will also invest $1.5 billion in SB Energy. Nvidia will be the exclusive chip provider for the facility, which will have a capacity of as much as 8 gigawatts, with the first 800 megawatts expected to come online in 2028.
Intel announced plans to raise $15 billion through a share sale to fund expansion of its chip contract manufacturing business. Bloomberg reported Intel could increase the offering to about $20 billion priced at $95 per share or higher, with investor demand exceeding $100 billion.
No-frills airline EasyJet has agreed to be taken over by US investment firm Apollo in a £5.7bn deal after rival bidder Castlelake withdrew from the bid battle. Apollo said it does not intend to cut jobs in the first 12 months after the takeover.
Oil prices fell to a three-week low as US officials announced progress in talks with Iran on reopening the Strait of Hormuz waterway. Brent crude dropped nearly 5% to under $80 a barrel, with US West Texas Intermediate also falling more than 5% to $76, both reaching their lowest levels since 13 July.
Alphabet's share price fell nearly 7% and Tesla's dropped 14.5% after both reported negative free cash flow and pledged billions more in AI spending. Alphabet expects to spend up to $205bn this year on AI and infrastructure, while investors question when financial benefits will materialize.
Ryanair's pre-tax profits dropped 34% to €593m between April and June as war in the Middle East sent jet fuel prices soaring and customers became reluctant to book flights. The airline was forced to cut fares to stimulate demand and expects summer fares to be slightly lower than last year due to consumer hesitancy around air travel.
Ryanair's pre-tax profits dropped 34% to €593m between April and June as war in the Middle East sent jet fuel prices soaring and passengers became reluctant to book flights, forcing the airline to cut fares to stimulate demand.
Alan and Katie Donegan achieved early retirement at 40 and 35 respectively by adopting strict saving habits—packing lunches daily, avoiding heating, and charging their phones outside—which they say made them £40,000 better off over 10 years, before investing their savings into a target of £1m and quitting work as part of the growing FIRE movement (Financially Independent, Retire Early).
British American Tobacco is cutting 5,500 jobs and outsourcing 3,500 more as part of a cost-cutting drive, expected to save £600m annually by 2028. The cuts exclude the US and reflect the company's shift toward smoking alternatives as traditional cigarette sales decline.
Apple and Microsoft have raised prices on devices and consoles years old, blaming increased demand for chips from AI data centres. Apple raised tablet and laptop prices by nearly 20%, while Microsoft is raising Xbox Series S and X console prices by at least $100 from August, marking its third increase in just over a year.
Tech entrepreneur Elon Musk lost his trillionaire status on Tuesday, less than two weeks after becoming the first person to achieve it following SpaceX's public debut; his fortune fell to $957 billion from $1.11 trillion as SpaceX and Tesla shares retreated amid a broader technology stock downturn driven by concerns over artificial intelligence profitability.
Technology stocks tumbled on Tuesday as markets questioned whether corporate AI adoption can justify current valuations, with the Nasdaq falling about 3% and semiconductor firms like Nvidia and Intel hit hardest after a sustained three-month rally.
Pensions UK warns that more than three-quarters of workers are not on course to save enough for a "moderate" retirement lifestyle, costing £32,700 annually for one person and £45,400 for two, with only 23% projected to reach that level.
Walmart expects sales growth to slow significantly from May to July as higher petrol prices, driven by the Middle East conflict and rising oil costs, pressure US household budgets. The retailer's finance chief said tax refunds had cushioned the impact, but as those benefits fade, consumers will feel more strain from elevated fuel costs.
UK government borrowing costs have reached an 18-year high and the pound has fallen as Andy Burnham pursues the Labour leadership, with analysts attributing the market movements to concerns that a Burnham-led government would increase borrowing.
Japanese car maker Honda posted an operating loss of ¥423bn ($2.68bn) for the year ending March 2026, citing weaker-than-forecast EV demand, US policy changes including removal of tax incentives and tariffs, and difficulty adapting to market shifts. The company is scrapping some EV production targets, sourcing parts from China to reduce costs, and refocusing on motorcycles, financial services, and hybrid vehicles.
Japanese car maker Honda posted an operating loss of ¥423bn for the year ending March 2026 as demand for electric vehicles fell short of expectations. The company cited weak EV demand, US policy changes including scrapped tax credits and tariffs, and announced it would cut EV production targets and source parts from China to reduce costs.
The UK's economy grew 0.3% in March, exceeding analyst expectations of contraction, as consumers and businesses brought forward spending due to fears of future price rises from the Iran conflict. First-quarter growth reached 0.6%, the fastest quarterly pace in a year and the highest among G7 countries reporting data.
Europe's leading travel operator Tui reported a 10% fall in summer holiday bookings from UK customers who have become more cautious due to the Iran war. The company is cutting seats purchased from airline partners by 4-5% over summer, though its chief executive does not expect jet fuel shortages in the coming weeks.
US consumer prices rose at their fastest rate since May 2023, with April's consumer price index reaching 3.8%, driven by surging energy costs following the impact of the US-Israel war in Iran and disruption to the Strait of Hormuz shipping lane. The rise makes interest rate cuts by the Federal Reserve less likely this year.