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: tech giant profits
WhatsApp Web crashes in major UK outage
Meta's messaging service WhatsApp experienced widespread disruption today as users across the UK reported being unable to send or receive messages via both mobile and desktop platforms.
AI Gold Rush: Are Tech Valuations Defying Gravity?
As artificial intelligence companies achieve staggering multi-billion dollar valuations, experts question whether this represents genuine innovation or dangerous market speculation that could reshape global economics.
Dutch Chip Blockade Threatens Car Factory Shutdowns
The Netherlands blocks China's Nexperia from acquiring Nowi, triggering a semiconductor crisis that could paralyse European car manufacturing and escalate global tech tensions.
Elon Musk calls English town residents 'hobbits'
Tech billionaire Elon Musk faces backlash after comparing residents of a small English market town to Tolkien's hobbits during a controversial podcast appearance, drawing local outrage and accusations of arrogance.
UK Farming Crisis: Third of Farmers Made No Profit
Shocking new data reveals nearly a third of UK farmers operated at break-even or loss in the past year, threatening Britain's food security and rural economy.
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.
OpenAI signs major AWS cloud computing deal
OpenAI signs landmark multi-year agreement with Amazon Web Services, securing access to vast computing power and advanced Nvidia chips to fuel next-generation AI development.
Ryanair profits soar 42% as CEO attacks Chancellor
Ryanair reports record €2.18bn annual profits while CEO Michael O'Leary blasts Chancellor Jeremy Hunt's economic policies as 'dismal' and 'miserable' for UK growth.
Salesforce UK profits surge 82% despite job cuts
Tech giant Salesforce sees UK profits surge by 82% to £52.6 million while implementing significant workforce reductions and strategic restructuring across its British operations.
Ryanair profits jump 42% on higher air fares
Europe's largest budget airline reports staggering profit surge driven by higher ticket prices and strong summer demand, with passenger numbers hitting new heights.
Oakley Meta Vanguard: AI Running Glasses Revolution
Discover how Oakley's revolutionary Meta Vanguard smart glasses are transforming running with real-time AI coaching, Garmin integration and heads-up display technology.
Blair: UK risks quantum computing failure
Former PM Tony Blair issues stark warning that Britain must accelerate quantum computing efforts or face being overtaken by global competitors in critical technology race.
Banned Chinese tech firms lobbied London embassy
Exclusive investigation reveals how blacklisted Chinese technology firms engaged in extensive lobbying efforts with London's diplomatic corps despite national security concerns.
FA Cup Upsets: Carlisle Stun Reading, Gateshead Beat Wimbledon
League Two underdogs Carlisle United produced a stunning FA Cup shock by beating Championship side Reading, while National League Gateshead eliminated League Two AFC Wimbledon in a night of cup drama.
Elon Musk's Drastic Aging Stuns Viewers
The tech billionaire's visibly aged appearance during a recent podcast has sparked widespread concern and speculation about his health and workload.
AirPods Pro 3: The Future of Hearing Assistance?
Apple's latest AirPods Pro 3 are breaking new ground in hearing assistance technology, potentially transforming how millions of Britons manage hearing loss with cutting-edge features previously exclusive to medical devices.
AI Bubble Fears Dismissed as Sector Bets on Lasting Boom
Leading industry figures challenge concerns of an AI bubble, pointing to strong enterprise adoption and tangible productivity gains as evidence this technology revolution is built to last.
Apple & Amazon Defy Wall Street Gloom
Tech titans Apple and Amazon deliver impressive quarterly results, beating Wall Street expectations as iPhone sales surge and AWS cloud services maintain dominance despite economic headwinds.
UK House Prices Rise Amid Mixed Asian Markets
Britain's housing market shows surprising resilience with October price growth, while Asian markets deliver mixed results and tech giants face earnings pressure in latest financial updates.
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.
Apple's iPhone sales slump drives Q4 revenue decline
Apple reports unexpected Q4 revenue decline as iPhone demand softens, raising concerns about the tech giant's growth trajectory in competitive markets.
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.
Extremists Using Social Media to Incite Political Violence
Exclusive investigation reveals alarming surge in online radicalisation as tech platforms struggle to contain extremist content targeting mainstream politics.
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.
Shell profits smash £43bn on Brazil and Gulf production surge
Energy giant Shell reports staggering £43 billion profits as production hits unprecedented levels in Brazil and Gulf of Mexico operations, reshaping global energy markets.
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.
AI Bubble Fears Overshadow Tech Titans' Earnings
As Microsoft, Alphabet and Meta report impressive quarterly results, growing investor anxiety about an artificial intelligence bubble threatens to dampen the celebration. Discover why Wall Street is getting nervous about the AI gold rush.
Data centre giant announces £4bn UK investment boost
In a massive boost for Britain's digital economy, a global data centre leader announces unprecedented £4 billion investment, creating thousands of jobs and positioning the UK as a technology superpower.
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