Amazon has confirmed plans to cut around 16,000 jobs worldwide as it steps up efforts to streamline its operations, following the accidental release of an internal email outlining the reductions.
JPMorgan maps 2026 outlook, backing AI adoption and stock-pickers’ market
For some, the festive period is a chance to reflect on the year just gone. For others, it is a moment to start positioning for what comes next.
Amazon in talks to invest up to $10bn in OpenAI
Amazon.com Inc. is reportedly in negotiations to invest up to $ 10 billion in OpenAI, whilst providing the artificial intelligence company with access to its proprietary AI chip technology, according
Nvidia Could Unlock Billions in Revenue if US Approves China H200 Exports
Nvidia Corporation stands to gain more than five billion dollars in quarterly revenues as early as 2026 should United States authorities permit the export of its H200 artificial intelligence chips
European Banks Retain Appeal Ahead of 2026 Despite Strong 2025 Performance
UBS has maintained its constructive view on the European banking sector as it approaches 2026, keeping Barclays PLC on its roster of preferred buy-rated stocks. The broker argues that the
Trump greenlights Nvidia’s return to China with powerful AI chips
Donald Trump has opened the door for Nvidia to resume selling high-end AI chips to China, reversing a major pillar of US export controls and delivering a significant win for
Peter Thiel Nvidia Exit and the Reality of the AI Financing Crisis
Recent disclosures have revealed that Peter Thiel’s hedge fund divested entirely from Nvidia during the third quarter of 2025, relinquishing a $100 million holding that comprised two-thirds of the fund’s
‘Big Short’ Investor Michael Burry shuts down hedge fund
Michael Burry — the investor immortalised in The Big Short for predicting the collapse of the US mortgage market — appears to have shut down his hedge fund after placing
SoftBank Shares Tumble After $5.8bn Sale of Entire Nvidia Stake
Shares in SoftBank Group plunged on Wednesday after the Japanese investment giant revealed it had sold its entire stake in Nvidia for $5.8bn (£4.4bn), sparking investor unease over its shifting
AI meltdown wipes out $1 trillion from US tech heavyweights
Almost $1 trillion has been erased from the value of Wall Street’s largest technology companies this week, as investors grow increasingly wary of soaring valuations linked to artificial intelligence.
Wall Street slides at open amid economic worries and tech valuation fears
U.S. stocks fell at the opening bell on Friday as renewed concerns over the economic outlook and lofty technology valuations weighed on investor sentiment.
Wall Street slips after weak jobs data and AI valuation fears
U.S. stocks opened lower on Thursday as investors digested signs of a slowing labour market and lingering concerns about stretched technology valuations following this week’s sell-off.