Finance

Finance · 1 day ago

Trump’s ‘War Over’ Claim Sends Oil to August Low, FTSE 100 Keeps Rising

Iris Quay, London desk

Oil prices fell to their lowest level since August after Donald Trump declared the Iran war effectively over, yet the FTSE 100 continued to climb, showing markets can cheer on while crude sighs.

Finance · 2 days ago

Nvidia CEO Allegedly Targeted by Foreign‑Intelligence Honeytrap, Company Launches Independent Probe

Iris Quay, London desk

Nvidia has opened an independent investigation after reports that CEO Jensen Huang was the target of a foreign‑intelligence honeytrap, prompting mixed reactions in the AI sector and keeping investors on edge as tech st…

Finance · 4 days ago

Nationwide’s 5.3% Savings: The City’s New ‘Market‑Leading’ Attraction

Iris Quay, London desk

Nationwide Building Society has launched a 30‑month fixed‑rate savings account offering 5.3% interest, marketed as market‑leading and exclusive to its members, prompting City analysts to question whether it remains…

Finance · 5 days ago

AI Bubble Loses Its Tethers as US Midterms Send Tech Titans to the Ground

Iris Quay, London desk

Tech stocks tumbled after the Democrats’ midterm sweep, with Apple, Tesla and Nvidia together shedding about $1 trillion in a single session, sparking worries that the AI boom could stall.

Finance · 5 days ago

When the AI Bubble Pops: US Tech Shares Dive After Midterm Shock

Iris Quay, London desk

US tech stocks, heavily weighted toward AI, fell sharply on Thursday after the mid‑term elections, sparking debate over whether the sector’s rapid rise is a bubble about to burst.

Finance · 5 days ago

When the FTSE Falls, Your Daily Brew Might Get Cheaper

Iris Quay, London desk

A dip in the FTSE 100 can ripple through pension pots, mortgage rates and everyday prices, meaning the cost of your coffee and groceries may feel the pinch – or even drop a little – when markets tumble.

Finance · 5 days ago

FTSE tumbles 1.5% as Democrats’ midterm win fuels AI slowdown fears

Iris Quay, London desk

Global markets fell sharply after the Democrats’ midterm victory sparked fears of an AI slowdown, sending the FTSE down 1.5% and pulling Asian and European indices lower.

Finance · 5 days ago

Nasdaq’s 5.5% Plunge Sends AI Hype Flickering as Democrats Celebrate Victory

Iris Quay, London desk

The Nasdaq fell 5.5% on Thursday, its biggest one‑day loss in 19 months, wiping roughly $2 trillion from its market value as investors fret over possible AI regulation after the Democrats’ electoral triumph.

Finance · 6 days ago

SpaceX Shares Plunge as Data‑Centre Scrutiny Sends Shockwaves Through Tech and AI Stocks

Iris Quay, London desk

SpaceX stock fell sharply as investors reacted to talk of tighter scrutiny on data‑centre construction and the AI sector, dragging down tech and AI shares after the US mid‑term elections.