Here’s why the Burberry share price jumped after LVMH earnings
Burberry share price jumped by 6.50% on Wednesday as investors reacted to the latest earnings from LVMH, the biggest company in the industry. BRBY stock jumped by 6% to 1,235p,…
Alphabet’s Waymo plans to launch robotaxi services on London roads
Alphabet’s autonomous vehicle unit, Waymo, announced plans to bring its robotaxi services to London, marking its first foray into the European market. The company said on Wednesday that it will…
What keeps the AI bubble from bursting — and what it means for investors
Discussions around the topic of whether we’re in an AI bubble have been going on for more than three years now. Every time some major news is reported, the same…
UK unemployment rises as hiring slows and wage growth eases
UK unemployment climbed to its highest level since May 2021 as hiring weakened and wage growth lost momentum, signalling a softening labour market ahead of next month’s budget.The data, released…
Michelin stock slumps 9% as profit downgrade triggers concerns over 2026 targets
Shares in French tyre maker Michelin plunged more than 9% on Tuesday after the company sharply cut its full-year profit outlook, citing deteriorating market conditions and a steep fall in…
Commerzbank questions recent surge in copper price given dodgy supply situation
The dramatic price increase in the copper market is not as dire as it seems. The copper prices dropped about $500 per ton on Friday after US President Donald Trump threatened…
What keeps the AI bubble from bursting — and what it means for investors
Discussions around the topic of whether we’re in an AI bubble have been going on for more than three years now. Every time some major news is reported, the same…
Sabadell’s client shareholders reject BBVA’s takeover bid
Sabadell shareholders voted heavily against Banco Bilbao Vizcaya Argentaria’s (BBVA) takeover bid, revealing another level of uncertainty over one of Spain’s highly publicised banking operations. More than 97% of the…
SoftBank’s PayPay eyes $20 billion valuation ahead of US IPO
Japan’s SoftBank Group Corp is planning an initial public offering (IPO) of its digital payments unit PayPay in the United States as soon as December, two people with direct knowledge…
Michelin stock slumps 9% as profit downgrade triggers concerns over 2026 targets
Shares in French tyre maker Michelin plunged more than 9% on Tuesday after the company sharply cut its full-year profit outlook, citing deteriorating market conditions and a steep fall in…