… 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”. …
… believe the threat to ships carrying oil 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 …
… affordable component used to build devices, Ram prices 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 …
… paceX, a lot of decision-making might have been emotional and based on the anticipation of huge leaps forward in space exploration and utilisation, but investing should be something treated with clear eyes and patience, even when such huge numbers are involved,” said Danni Hewson …
… Reflecting the shift, Danni Hewson, head of financial analysis at AJ Bell, noted that the relative lack of tech stocks on London markets helped the FTSE 100 stay in positive territory, even as Wall Street buckled. …
… AJ Bell’s head of financial analysis, Danni Hewson, said Walmart’s warning highlighted the impact of the fuel shock on consumer spending power in the US. …
… Honda expects ¥512bn in EV-related losses in the next financial year ending March 2027. ‘Bleak milestone’ “It’s a bleak milestone for Honda but not a surprising one,” said Danni Hewson, head of financial analysis at AJ Bell. …
… Honda expects ¥512bn in EV-related losses in the next financial year ending March 2027. ‘Bleak milestone’ “It’s a bleak milestone for Honda but not a surprising one,” said Danni Hewson, head of financial analysis at AJ Bell. …
… Danni Hewson, head of financial analysis at AJ Bell, said some drivers may have been given a “nudge” to buy an electric vehicle (EV) in March because of rising fuel prices. …
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.
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.
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.
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.
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.
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.