FTSE slides as AI bubble fears spark fresh panic selling
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.
The FTSE 100 is set to claw back a sliver of yesterday’s heavy losses on Wednesday, after fresh data showed UK inflation cooled slightly last month.
Britain’s stock market has suffered its steepest one-day drop since the early phase of Donald Trump’s trade war, as the sell-off gripping global markets swept through London.
A major rival to ChatGPT has secured $15bn in fresh backing from Microsoft and Nvidia, while simultaneously agreeing to spend $30bn on their services — the latest in a series
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
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