EnSilica plc (AIM: ENSI) has secured two major development contracts with a leading European satellite operator, marking a significant step into next-generation space communications.
‘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
Global markets slide as $500bn wiped off AI chip stocks amid correction fears
Global stock markets fell sharply on Wednesday amid mounting concerns that the artificial intelligence boom has driven valuations too high, with more than $500 billion (£384 billion) wiped from the
‘Big Short’ investor sparks global sell-off as AI bubble fears grow
Global stock markets tumbled on Tuesday after reports that Michael Burry, the investor made famous by The Big Short, has placed a $1.1 billion (£840 million) bet against major artificial
Troubled US tech giant Intel shares surges as it considers breaking up
Intel’s shares surged 10% this afternoon following reports that the struggling chipmaker is exploring options that could involve splitting the company in two.
Sondrel (Holdings) PLC ( AIM:SND ) cancelling its AIM listing
Shares in UK chipmaker Sondrel (Holdings) PLC plummeted 20% after the company reported lower revenues and increased losses, while also announcing a “transformation plan” that includes delisting from AIM.