‘Lower-value human capital’: banking boss too honest about AI job losses
Insensitive wording cannot divert from the reality that investment in AI only makes sense if work requires fewer employees
Sam Altman under scrutiny as OpenAI heads for IPO
ChatGPT group founder’s reputation has taken a battering in a courtroom battle that was ultimately decided on a technicality
Are Ryanair’s shares a ‘bargain’ as some analysts suggest?
Airline and analysts think it is well placed in longer term compared to rivals despite 25% slump in share price
Michael Burry sounds alarm, but markets send mixed signals
Is Big Short investor’s dot-com bubble comparison right? The difficulty, as ever, is timing
Britain’s politics meets the bond market reality check
The UK does not set the price of its borrowing unilaterally, a lesson one Labour leadership hopeful must learn
Nvidia closes out earnings season as expectations stay high
The world’s most valuable company has rallied hard into this report, soaring more than 40 per cent over the past six weeks
Samsung hits $1tn valuation as big stocks keep getting bigger
AI surge defies received wisdom which says that as companies grow ever larger, it becomes harder to maintain high growth rates
SpaceX IPO: Investors may want to hold their fire
Veteran investors have long joked that IPO means It’s Probably Overpriced
Why did Berkshire shares fail to price in life after Warren Buffett?
Berkshire Hathaway stock has fallen 12% over past year and trails surging S&P 500 index by more than 40 percentage points over the same period
Strong earnings help US stocks defy oil shock and Iran tensions
But the idea that investors are somehow ignoring war risks ignores two points
Investors back Glanbia as a rare food company that might benefit from people eating less
Glanbia finds growth in a GLP-1 world
Google and Meta reveal uneven investor patience for AI
Alphabet’s shares rose sharply, while Meta’s lost almost a tenth of their value following release of financial results this week
Microsoft struggles to regain footing ahead of earnings report
Broader weakness across software stocks reflects investor concern that AI could ultimately disrupt Microsoft’s core business
Primark split marks end of AB Foods odd marriage
Demerger will create two FTSE 100 businesses and allow sharper focus in challenging market climate for clothing group
Tim Cook’s Apple: extraordinary gains and a stretched valuation
Apple’s product machine still hums along nicely, but critics note the absence of anything transformative in recent years