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: stock repurchase
Norway fund rejects Musk's £44bn Tesla pay deal
In a stunning shareholder revolt, Norway's massive sovereign wealth fund has voted against Elon Musk's controversial compensation package at Tesla's annual meeting, dealing a major setback to the billionaire CEO.
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.
Reeves: Tax rises 'inevitable' in budget speech
Chancellor Rachel Reeves warns of difficult decisions ahead as economic pressures force government's hand on taxation and borrowing.
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.
Blue Whale's radical plan to spin off London Stock Exchange
Exclusive: Stephen Yiu of Blue Whale Capital proposes dramatic spin-off of London Stock Exchange to reverse the flow of companies fleeing to New York and restore the City's global financial standing.
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.
Reeves axes share stamp duty after AstraZeneca warning
In a dramatic policy shift, Chancellor Rachel Reeves abolishes stamp duty on share trading to boost UK investment competitiveness, following AstraZeneca's stark warning about London's declining appeal.
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.
Cindrigo shares rise 10% in London market debut
Sustainable energy developer Cindrigo begins trading on London's Main Market, with shares rising as the company eyes major geothermal projects across Europe.
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.
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.
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.
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.
Doncasters Plots New York IPO in London Snub
British engineering giant Doncasters prepares to snub London for New York IPO, dealing another significant blow to the City's prestige and raising concerns about the UK's appeal to major corporations.
BlackRock and LSEG expand partnership with Preqin data
London Stock Exchange Group expands strategic partnership with BlackRock through landmark integration of Preqin's private markets data, revolutionising investment analytics capabilities.
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