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.
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.
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
The FTSE 100 is expected to edge lower when trading opens on Tuesday, though a busy slate of corporate results could yet sway sentiment.
The FTSE 100 is poised to start the week on a firmer footing, with futures pointing to a 47-point rise to 9,587 on Monday, buoyed by improved sentiment across global
Wall Street showed little sense of direction in premarket trading following a bruising sell-off in technology stocks on Thursday.
FTSE slides as AI bubble fears spark fresh panic selling
The FTSE 100 is poised for a sharp fall to end the week, with futures pointing to an 86-point slide as global markets resume the sell-off seen earlier in the
Technology stocks powered higher after Nvidia’s blockbuster third-quarter results helped cool growing fears that the AI boom was heading for a painful correction.
UK stocks pushed higher as a global rally — sparked by Nvidia’s upbeat revenue outlook — lifted sentiment across markets.
Nvidia has “pushed out any bubble fears for another day”, according to Deutsche Bank, after the chip giant’s stunning results reignited investor confidence and sent global stock markets higher.
The FTSE 100 is set for another attempt at thawing out on Thursday, with sentiment improving after Nvidia’s stronger-than-expected earnings lifted global markets overnight.
The FTSE 100 slipped on Wednesday as investors digested fresh inflation data that showed UK price growth eased last month — but not by as much as hoped.