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The Latest Breaking News on European tech

Revolut founder to become one of Britain’s top 10 richest businessmen as share sale gives huge valuation

The fintech firm will be valued at $75bn with the latest share sale

The Independent UK

Snowflake Analysts Raise Forecasts As Stock Jumps To 52-Week High On Strong Results

As the demand for data-driven insights and cloud-based solutions intensifies, companies providing these services are experiencing significant growth and investor interest. Snowflake Inc. (NYSE:SNOW), a leader in data cloud services, is at the forefront of this trend, capturing attention with its robust financial performance and strategic innovation.

Benzinga

Octopus Energy founder appointed as UK government adviser

Greg Jackson expected to use three-year term on Cabinet Office board to push government to modernise

The Guardian - UK

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Tech Fallout Places Direxion's Palantir-Focused Bull And Bear Funds In The Crosshairs

Anyone who denies the meteoric ascent of Palantir Technologies Inc. (NASDAQ:PLTR) is simply choosing to ignore the charts. Since making its public market debut in October 2020, the big-data analytics specialist — which serves multiple government and defense-related agencies — has made its mark. At the same time, PLTR stock…

Benzinga

Palantir CEO Alex Karp Dumps $63 Million In Stock As PLTR Surges 111% This Year

Palantir Technologies Inc. (NASDAQ:PLTR) CEO Alex Karp executed a massive $62.7 million stock sale over two days, according to Securities and Exchange Commission Form 4 filings. The transaction comes as the data analytics company faces mounting valuation pressure and increased short interest.

Benzinga

How To Earn $500 A Month From Heico Stock Ahead Of Q3 Earnings

HEICO Corporation (NYSE:HEI) will release earnings results for the third quarter, after the closing bell on Monday, Aug. 25.

Benzinga

Forget 60/40—Vanguard Says Go 70% Bonds In Today's Market

Vanguard is recommending investors tilt heavily toward bonds, with a 70% allocation to fixed income, as high stock valuations and a historically low equity risk premium point to better long-term returns in the bond market.

Benzinga

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Banks, property push Aussie shares to positive finish

Gains in the financial and real estate sectors have propped up the Australian share market, which has finished higher following an early dip.

AAP

What's Going On With Palantir Technologies (PLTR) Stock?

Palantir Technologies Inc (NASDAQ:PLTR) shares have become a focal point of market debate in recent sessions as a new short-seller report clashes with bullish catalysts from government and enterprise sectors. Here’s what investors need to know.

Benzinga

Applied Materials Analysts Flag $600 Million Guidance Shortfall, China Slowdown

What happens when a tech giant’s impressive earnings report can’t shield it from a market nosedive? As Applied Materials Inc. (NASDAQ:AMAT) experiences a surprising slump, analysts weigh in on the forces at play behind the scenes. Shares of Applied Materials declined in early trading on Friday, despite the company’s upbeat fiscal third-quarter results…

Benzinga

Pioneer Power (PPSI) Shares Surge On Q2 Beat And Strong Forecast

Shares of Pioneer Power Solutions Inc (NASDAQ:PPSI) are surging in trading Friday morning after the company delivered a strong second-quarter earnings report and issued an optimistic sales forecast for fiscal year 2025.

Benzinga

Top 3 Tech Stocks That May Rocket Higher This Month

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

Benzinga

Grant Cardone Reveals His Secret To Closing Sales—And It's Not Lowering The Price

Grant Cardone owns several businesses and relies on his selling abilities to scale multiple companies and become a billionaire. Learning how to sell is one of the most valuable skills any business owner can learn, but there is a big misconception in the industry.

Benzinga

David Lammy told plan to bring arms firm staff into Foreign Office 'may be illegal'

DAVID Lammy is facing possible legal action over a plan to invite Shell and BAE Systems staff to work inside the Foreign Office ...

The National (Scotland)

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The Guardian - AU

Labor decision to lift ban on PwC ‘an insult’ to inquiry that investigated Treasury scandal, Pocock says

Finance department rejects last minute plea from three senators urging it to maintain block on consultancy firm competing for new government work

Benzinga

Alex Karp Says Working At Palantir Is The 'Best Credential In Tech', Takes A Dig At Elite Colleges

Palantir Technologies Inc. (NASDAQ:PLTR) CEO Alex Karp used the company's latest earnings call to jab elite colleges and elevate on-the-job merit, saying the data analytics giant is building "a new credential independent of class," and that at Palantir, "no one cares about the other stuff," like an Ivy League diploma.

International Business Times

British Airways Owner Sees Profit Jump On 'Strong' Demand

IAG, the owner of British Airways and Spanish carrier Iberia, said Friday that its net profit jumped 44 percent in the first six months of the year on "strong demand".

Evening Standard

Ever expanding Imperial set to open 55,000 sq ft of lab and office space at Old Oak

WestTech London “can rival Boston’s Kendall Square” says university President

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The Guardian - UK

Labour says firms will be penalised for late payments to suppliers

Government drive to support small business will include startup loans for 69,000 companies worth £4bn

Benzinga

Wise Secures US Listing Approval, But Proxy Adviser Oversight Sparks Governance Concerns: Report

British fintech Wise Plc (OTC:WIZEY) secured shareholder approval this week for its controversial move to a U.S. primary listing, but the victory exposed significant shortcomings among proxy advisory firms that could concern institutional investors.

The Guardian - UK

Shareholders of UK fintech Wise vote to move main stock market listing to US

Co-founder Kristo Käärmann gains enhanced voting rights in controversial move

Benzinga

Fiserv Stock Tumbles As Outlook Softens Despite Deal With TD

Fiserv, Inc (NYSE:FI) stock tumbled Wednesday after it reported fiscal second-quarter 2025 results.

Evening Standard

Supercar maker McLaren puts up to 500 jobs at risk after merger with Forseven

Spokesperson says “difficult decision” will ensure that “our operations are streamlined to enable resilience and success over the long term. “

Benzinga

MSCI's Q2 Success Fueled By Record ETF Growth, Diverse Client Expansion

MSCI Inc. (NYSE:MSCI) announced its fiscal 2025 second-quarter results on Tuesday. The company’s total revenue reached $772.7 million, an increase of 9.1% year-over-year, exceeding the analyst consensus estimate of $763.5 million. Adjusted earnings per share (EPS) were $4.17, also surpassing the analyst consensus of $4.11.

Benzinga

Palmer Luckey Once Brutally Bashed Silicon Valley's Obsession With Easy Cash: 'All The Money Went To Paying People To Do Things That Were A Waste Of Time'

In a conversation last year, defense tech entrepreneur Palmer Luckey criticized Silicon Valley's obsession with "easy money" ventures, saying a tighter funding environment is finally forcing founders to solve real-world problems.

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