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Stockmarket
Nvidias Earnings Report Set to Reveal Impact of AI Chip Boom Amidst Blackwell Delay
Nvidia, the US chipmaker, is poised to announce its quarterly sales have more than doubled on Wednesday, even as year-on-year growth slows. Wall Street anxiously awaits what has become one of the most closely watched earnings reports in the…
Gold Prices Soar to Record High as Standard Bar Reaches 1 Million USD
The price of gold has reached a new all-time high, with spot gold surpassing $2,525 per ounce this morning. This unprecedented increase has surged in value, meaning that a standard bar of gold is now worth more than a staggering $1 million.…
Caxton Associates Hedge Fund Gains 270 Million Dollars Amid Market Volatility
Caxton Associates, one of the City's prominent hedge funds, has reportedly amassed gains of approximately $270 million this month following successful trades made during recent financial market turbulence. The London-based macro fund, which…
Bellway Abandons Crest Nicholson Takeover at the Eleventh Hour
In a surprising turn of events, Bellway has decided to abandon its £720 million takeover bid for Crest Nicholson, just as the deal seemed poised for completion. After two months of negotiations, Bellway confirmed it would not proceed with…
Chinas Economic Woes Pose Greater Threat to Global Markets than US Recession Fears
As financial markets fixate on the specter of a potential US recession, they may be overlooking more significant threats to global economic stability. While the US economy shows resilience, with unemployment rising from historically low…
Reeves Considers Capital Gains Tax Hike as UK Faces 22bn Shortfall
As Chancellor Rachel Reeves grapples with a £22 billion shortfall in public finances for the 2024-25 fiscal year, speculation is mounting that she may turn to capital gains tax (CGT) to bridge the gap. With limited options available due to…
TP ICAP Mulls New York Listing for Parameta Solutions, Dealing a Blow to the London Stock Exchange
In a move that could further dampen the appeal of the London Stock Exchange, TP ICAP, the City's top inter-dealer broker, has revealed that it is considering listing its data business, Parameta Solutions, in the United States. This…
Hargreaves Lansdown Agrees to £5.4 Billion Takeover by Private Equity Consortium
In a significant development in the UK's financial sector, Hargreaves Lansdown, the country's largest DIY investment platform, has agreed to a £5.4 billion takeover by a consortium of private equity firms. The deal, which is expected to end…
Warren Buffett’s Berkshire Hathaway Sells Significant Apple Stake, Increases Cash Reserves
In a surprising move, Warren Buffett's Berkshire Hathaway has sold off a substantial portion of its Apple shares and bolstered its cash holdings, raising questions about the company's outlook on the US economy. The conglomerate's cash…
Analyzing Pennpetro’s Recent Surge: A Charting Perspective
In this analysis, we delve into the recent performance of Pennpetro following its significant royalty deal. With shares experiencing notable growth, we explore the factors influencing this momentum and potential future targets.…
Chip stocks fall as Trump’s comments ruffle investors
Semiconductor stock prices fell on Wednesday, after Donald Trump, the former US President said that Taiwan should be responsible for its own defense and reported reports suggested that the US may consider tighter restrictions regarding…
Oasis is taking a bigger bite out of sandwich maker Greencore
Oasis management, an activist fund, has become Greencore’s largest shareholder. This puts pressure on the UK sandwich manufacturer to accelerate its turnaround plan following years of lax share price performance.
The Hong Kong fund,…
Li Ka-shing’s CK Infrastructure is considering secondary listing in London
Hong Kong's CK Infrastructure Holdings is being controlled by the family that controls the richest man in Hong Kong, Li Ka-shing. The company has been considering a secondary listing at the London Stock Exchange as the UK's reputation as a…
FCA to make biggest changes in London Stock Exchange listings since 30 years
City regulators are set to implement the most significant change in listing rules for three decades to attract and retain companies on London's equity markets.
Financial Conduct Authority (FCA) said that loosening the rules governing the…
After BlackRock deal worth £2.5bn, a British couple becomes wealthier than Larry Fink
The couple who built an outdoor theater on their Suffolk farm estate were catapulted to the top of Britain's Rich List after they made £2bn off the sale of their financial information business.
Mark and Lindy o'Hare who own a Grade II…
French stock market gains after betting Le Pen will not win majority
The European stock market rose today on signs that France's Hard-Right will not be able to win enough seats in the legislative elections for an overall majority.
On the bond market the premium investors demanded to hold French government…
London is now Europe’s biggest equity market, replacing Paris
Investors reacted negatively to the political turmoil in France since Emmanuel Macron announced snap elections.
Bloomberg data shows that the value of Euronext Paris stocks is about $3.13tn, after $258bn has been taken off the market cap…
London Stock Market: ‘Switch has now been flicked’
Peel Hunt's boss predicts a rebound in activity amid a'shift of sentiment'
According to the stockbroker who predicted last year a "doomsday loop" at the exchange, the London stock market is turning a corner.
Steven Fine, the chief…