Michael Burry Bets Against AI: Tech Stocks Plunge
Legendary investor Michael Burry places massive short positions against AI stocks, triggering dramatic tech sector sell-off and raising questions about AI bubble.
Category : Search result: South Africa stock market
ABF considers spinning off Primark in major shakeup
Associated British Foods explores separating Primark from its food empire in strategic review that could reshape UK retail landscape and unlock billions in value.
LSEG begins £1bn share buyback with Citigroup
London Stock Exchange Group initiates massive £1 billion share repurchase scheme, appointing Citigroup to execute the programme in strategic capital return move.
BP profits plunge 70% as oil prices retreat
BP reports staggering 70% profit drop as oil prices retreat from Ukraine war peaks. Discover how the energy titan is navigating market turbulence while maintaining shareholder payouts.
London finance panel calls for urgent market reforms
An influential financial services group warns London risks losing its competitive edge without targeted reforms to streamline listings and boost investment research.
Sulnox Shares Soar on New Shipping Partnership
London-based Sulnox experiences dramatic share price surge after announcing strategic new shipping partnership, marking significant expansion in logistics capabilities.
OPEC Halts Oil Output Hikes as Prices Surge Above $84
OPEC+ halts planned oil output increases, sending crude prices soaring above $84. Meanwhile, UK manufacturing activity contracts for the 29th consecutive month amid ongoing economic pressures.
India edge South Africa in World Cup thriller
A sensational bowling display from Deepti Sharma secures India's dramatic 10-run victory against South Africa in a Women's Cricket World Cup nail-biter that went down to the final over.
Young cyclists reclaim Johannesburg streets
Discover how a youth cycling movement is transforming Johannesburg's dangerous roads into spaces of freedom and community empowerment through two wheels.
India Wins Women's Cricket World Cup in Epic Final
In a nail-biting World Cup final showdown, India's women's cricket team clinched victory against South Africa, marking a historic moment in women's sports with record-breaking performances and unforgettable drama.
Springboks crush Japan 57-12 in nine-try spectacle
Rising stars Sacha Feinberg and Mannie Libbok orchestrate a breathtaking nine-try spectacle as South Africa begin their Autumn Nations Series with a commanding 57-12 victory over Japan at Twickenham.
India vs SA: Historic Women's Cricket World Cup Final
Cricket history beckons as India prepares to face South Africa in a monumental Women's World Cup final showdown, with both nations chasing their first-ever championship title in what promises to be an epic battle at Lord's.
Princes tuna firm plans London stock market float
Major UK tinned food producer Princes, owner of popular tuna brands, is preparing for a potential London Stock Exchange listing that could value the business at hundreds of millions of pounds.
Princes Group London IPO Prices at Bottom of Range
The iconic canned food giant Princes Group has launched its London stock market debut at the lower end of expectations, raising questions about investor appetite for new listings in challenging market conditions.
Apple and Amazon smash expectations with stellar results
In a stunning display of corporate resilience, Apple and Amazon have delivered financial results that far exceeded market forecasts, sending shockwaves through the tech industry and boosting investor confidence.
Bank shares jump despite motor finance scandal fears
Despite mounting concerns over a potential £16bn motor finance mis-selling scandal and fraud allegations reminiscent of Madoff, London's banking shares demonstrate remarkable resilience with significant gains across the sector.
OpenAI Targets $1 Trillion Valuation in Landmark IPO
The AI pioneer OpenAI is preparing for what could become the largest stock market flotation in history, with a potential valuation soaring towards $1 trillion, according to insider reports.
Tech Earnings: AI Rewards vs Spending Punishment
Major tech companies face investor reckoning as AI investments deliver returns while excessive spending draws sharp criticism in latest earnings season.
Trump's refugee plan targets white South Africans
Former President Donald Trump announces sweeping refugee restrictions while creating special asylum pathway for white South Africans, sparking immediate legal and ethical debates.
Wolvaardt's 189* Exposes England Cricket Crisis
South Africa's captain scores historic 189* as England women's cricket team faces urgent need for strategic overhaul after crushing defeat.
WAFCON: Cape Verde's historic double, South Africa crisis
The Women's Africa Cup of Nations delivers stunning upsets as Cape Verde celebrate unprecedented success and South Africa's title defence collapses amid managerial turmoil.
Monzo hires new CEO ahead of stock market float
Digital banking challenger Monzo names former Visa executive TS Anil as new CEO, positioning the fintech giant for potential £4 billion London stock market listing in major industry shakeup.
OpenAI Targets $1 Trillion IPO by 2026
Sam Altman's OpenAI could become the first AI company to achieve trillion-dollar status through a potential 2026 stock market listing, reshaping the tech investment landscape.
Trump-Xi Trade Deal Sends Oil Prices Soaring
Global markets surge as Trump and Xi announce major trade breakthrough, sending oil prices skyrocketing and triggering a rally across London's FTSE 100.
Valkenburg's Secret Underground Christmas Market
Escape the crowded Christmas markets and explore Valkenburg's unique subterranean wonderland, where festive magic comes alive in mysterious caves and medieval passageways just a short journey from London.
Alphabet Smashes Records With £89.5 Billion Quarter
Google's parent company Alphabet reports another blockbuster quarter, with revenue soaring to £89.5 billion driven by AI breakthroughs and cloud computing dominance. Discover how the tech giant continues to defy market expectations.
Meme Stock Mania Returns: Financial Experts Sound Alarm
The dangerous game of meme stock trading is back, with experts warning retail investors could face devastating losses as social media fuels another speculative bubble.
England's World Cup dream ends in semi-final thriller
In a heart-stopping Women's Cricket World Cup semi-final, England's title defence ends in dramatic fashion as South Africa secure historic three-run win to reach final.
Nvidia Hits $5 Trillion Market Cap in Historic First
Nvidia's astronomical rise continues as the AI chip giant reaches a historic $5 trillion valuation, cementing its position as world's most valuable company ahead of tech titans Apple and Microsoft.
Nvidia becomes first $5 trillion company in history
Nvidia has achieved an unprecedented milestone, reaching a $5 trillion market valuation and cementing its position as the driving force behind the AI revolution. Discover how the chipmaker transformed from gaming specialist to tech titan.
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