Markets

The world's most valuable chipmaker, Nvidia, has reported spectacular quarterly results, with sales soaring 94% year-on-year to $35.1 billion, surpassing market expectations of $33.2 billion. The company's net profit demonstrated remarkable…

More than £20 billion in market value vanished from Gautam Adani's corporate empire after US corruption charges rattled one of India's wealthiest businessmen, causing shares across his vast business portfolio to tumble dramatically. The…

Shares in Elf Beauty experienced a significant decline after renowned short seller Muddy Waters revealed its bearish position against the US cosmetics manufacturer. The Oakland-based company's stock plunged 15 per cent to $103, reducing its…

Bill Hwang, the once-prominent Wall Street trader and founder of Archegos Capital Management, has been sentenced to 18 years in prison following his conviction for orchestrating one of the most significant market deceptions in recent…

Financial markets witnessed significant downward pressure on Tuesday as geopolitical tensions reached new heights following reports of Ukraine's deployment of US-manufactured long-range missiles into Russian territory, coupled with Vladimir…

British events and academic publishing powerhouse Informa has adjusted its profit forecast, stepping back from its ambitious £1 billion target for 2024. The FTSE 100 constituent now projects adjusted operating profit to exceed £975 million,…

Goldman Sachs, the prestigious Wall Street investment bank, has forecast gold prices could reach an unprecedented $3,000 per ounce by December 2025, citing increased central bank demand and anticipated US interest rate cuts as primary…

British households are bracing for another increase in their energy costs as mounting international competition for gas continues to drive prices upward. Cornwall Insight, a leading energy consultancy, projects that Ofgem will announce a…

Elliott Management has revealed a massive £5bn stake in Honeywell International, marking its largest-ever investment whilst pushing for a significant break-up of the £164bn industrial conglomerate. The activist investor's bold move…

European stocks and currencies faced a significant downturn on Tuesday as market participants grew increasingly concerned about the potential impact of Donald Trump's aggressive trade policies towards China under a possible second…

Financial markets responded decisively to Donald Trump's comfortable victory in the US presidential election, with swift movements across asset classes signalling investors' expectations of significant policy shifts ahead. The immediate…

Global financial markets experienced significant shifts today as Donald Trump secured his return to the presidency, triggering substantial gains in the US dollar, Bitcoin, and Treasury yields while sending ripples through international…

Wall Street stocks soared to unprecedented heights whilst investors offloaded bonds as Donald Trump's momentous US election triumph prompted global markets to recalibrate, pricing in an anticipated regime of trade tariffs and tax…

UBS has disclosed a net profit of $1.4 billion for the third quarter, surpassing expectations thanks to its trading division's better performance amid heightened market volatility and strategic cost-cutting measures. Revenue surged to…

London's housing market has seen its busiest period in four years. This is partly because London landlords are trying to get rid of their properties before the budget this week. Zoopla's property search site, Zoopla, reports that almost…

Reckitt Benckiser's chief executive has said that the FTSE100 consumer goods group would be open to settling US safety lawsuits filed against its premature baby formula in order to smooth a potential sale of its nutrition division. In…

Morgan Stanley beat profit expectations on an impressive third quarter in investment banking, which also boosted rivals and sent its stock to record levels. The American bank announced that its profit increased 32 percent to $3.2 billion…

Accounts show that the rolling stock company Porterbrook distributed £80m to its overseas shareholders, mainly, last year. This has fueled calls for Britain to nationalise its trains. In 2023, the firm's train-leasing arm generated…