Apple shares slide after forecasting iPads are no longer a Christmas must have November 3, 2023 Apple’s latest earnings report revealed a sales forecast for the upcoming Christmas quarter that fell short of Wall Street’s expectations, primarily due to sluggish demand for iPads and wearables, causing its shares to drop over 3% in after-hours trading. While the tech giant managed to exceed analysts’ expectations for its fourth-quarter earnings in terms of [...]
US economy: Investors encouraged as drop in Treasury yields helps curb inflation November 3, 2023 The Dow Jones Industrial Average jumped 564 points, or 1.7 per cent, and the Nasdaq composite climbed 1.8 per cent.
FTX founder Sam Bankman-Fried facing decades in jail as he’s convicted of defrauding crypto customers November 3, 2023 Bankman-Fried, 31, could face decades in prison after prosecutors said he cheated thousands of customers of billions of dollars before the collapse of his companies in November, 2022.
Adtech firm Tremor mulls ditching London listing to head for New York November 2, 2023 Advertising Technology company Tremor International is considering ditching its London listing, according to a report.
Bankman-Fried trial closing statements: ‘Foundation of lies and false promises’ November 2, 2023 After 15 days of testimony for one of the most high profile financial crime cases, the closing arguments of Sam Bankman-Fried trial have been given.
Mark Kleinman: Why Starling needs Engine to fuel IPO dream November 2, 2023 Mark Kleinman is City editor at Sky News Starling needs Engine to fuel IPO dream Companies offer myriad reasons for the departures of chief executives. Few are as downright peculiar as the one given by Starling Bank when it announced in May that founder Anne Boden was stepping down. “Now that we have grown from [...]
Elon Musk says AI one of the ‘biggest threats’ to humanity November 1, 2023 Elon Musk has said he believes AI is “one of the biggest threats” to humanity, and that the UK’s AI Safety Summit was “timely” given the scale of the threat.
Ex-Crypto boss Bankman-Fried’s trial nears end: ‘I deeply regret not taking a deeper look’ at claims November 1, 2023 The closing arguments are set to begin today in Sam Bankman-Fried's fraud trial in New York, as yesterday concluded his taking of the stand in his defence.
Smurfit Kappa share price rises as decline in box demand continues to slow November 1, 2023 Box demand in the third quarter was around two per cent behind 2022 levels versus seven per cent and -five per cent in the first and second quarters, respectively
GSK hikes outlook after launch of new RVS vaccine – despite reduction in Covid sales November 1, 2023 GSK said it is still firmly growing despite the significant reduction in sales of Covid-19 products over recent years.