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Sunday, 23 August 2026
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Sunday, 23 August 2026
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Ghanaian press · Organization

AJ Bell

2026-05-122026-08-23

In coverage

Verbatim sentences from the source article.

  1. August 2026
  2. Joy Online

    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

    Nvidia to provide up to $105 billion guarantee for OpenAI’s Ohio data center
  3. Joy Online

    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

    Intel plans $15 billion share sale as turnaround rally lifts stock
  4. Joy Online

    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”.

    EasyJet agrees to £5.7bn takeover by US firm
  5. Joy Online

    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

    Oil prices fall on hopes Strait of Hormuz could reopen
  6. July 2026
  7. Joy Online

    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.

    Google and Tesla shares plunge as AI spending rattles markets
  8. Joy Online

    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”.

    Ryanair profits drop as Iran war puts off passengers and lifts fuel costs
  9. Joy Online

    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”.

    Ryanair profits drop as Iran war puts off passengers and lifts fuel costs
  10. June 2026
  11. Joy Online

    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.

    We had packed lunches every day for 10 years and retired at 40
  12. Joy Online

    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.

    British American Tobacco to cut 9,000 jobs
  13. Joy Online

    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

    Tech firms are blaming AI for mega device and console price rises
Business

Nvidia guarantees $105 billion for OpenAI's Ohio data center

The News

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.

18 August 2026 · Joy Online

Tuesday 18 August

  1. Nvidia guarantees $105 billion for OpenAI's Ohio data center

    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.

    18 August 2026 · Joy Online

Tuesday 11 August

  1. Intel plans $15 billion share sale amid stock turnaround

    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.

    11 August 2026 · Joy Online

Thursday 6 August

  1. EasyJet agrees to £5.7bn takeover by Apollo

    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.

    6 August 2026 · Joy Online

Wednesday 5 August

  1. Oil prices fall amid hopes for Strait of Hormuz reopening

    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.

    5 August 2026 · Joy Online

Thursday 23 July

  1. Google and Tesla shares drop amid heavy AI spending

    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.

    23 July 2026 · Joy Online

Tuesday 21 July

  1. Ryanair profits fall 34% amid Middle East conflict and fuel costs

    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.

    21 July 2026 · Joy Online

Monday 20 July

  1. Ryanair profits fall 34% amid Middle East conflict and fuel costs

    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.

    20 July 2026 · Joy Online

Tuesday 30 June

  1. Couple retire at 40 through extreme saving and investment

    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).

    30 June 2026 · Joy Online

Monday 29 June

  1. British American Tobacco to cut 9,000 global jobs

    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.

    29 June 2026 · Joy Online

Sunday 28 June

  1. Tech firms raise device prices, cite AI-driven chip costs

    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.

    28 June 2026 · Joy Online

Wednesday 24 June

  1. Elon Musk falls below trillion-dollar wealth mark

    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.

    24 June 2026 · Joy Online

Tuesday 23 June

  1. Tech stocks fall sharply on AI spending sustainability doubts

    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.

    23 June 2026 · Joy Online

Wednesday 3 June

  1. UK workers failing to save adequately for retirement

    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.

    3 June 2026 · Joy Online

Thursday 21 May

  1. Walmart warns higher petrol prices squeeze US consumer spending

    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.

    21 May 2026 · Joy Online

Friday 15 May

  1. UK government borrowing costs hit 18-year high amid Labour leadership crisis

    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.

    15 May 2026 · Joy Online

Thursday 14 May

  1. Honda reports first annual loss in 70 years amid EV slump

    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.

    14 May 2026 · Joy Online

  2. Honda reports first annual loss in 70 years amid EV struggles

    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.

    14 May 2026 · Joy Online

  3. UK economy grows 0.3% in March despite Iran war

    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.

    14 May 2026 · Joy Online

Wednesday 13 May

  1. Tui summer bookings fall 10% amid UK customer caution

    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.

    13 May 2026 · Joy Online

Tuesday 12 May

  1. US inflation hits 3.8% amid energy costs and Iran war

    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.

    12 May 2026 · Joy Online

AJ Bell — Ghanaian press coverage · Ghana Minute