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The Latest Breaking News from Matt Britzman

Stocks Are Mixed Despite a Huge Oil Move: Stock Market Today

Stocks and oil continue to rise and fall with the ebb and flow of news from the White House and the Middle East.

Kiplinger

Oil prices fall back and global stocks rally amid hopes of Iran war ceasefire

Brent crude fell back below 100 US dollars a barrel, down 6% at 98.23 dollars in morning trading on Wednesday, while UK natural gas prices tumbled 8%.

Evening Standard

Stocks Open Higher to Start Fed Week: Stock Market Today

Upside in mega-cap stocks boosted the main indexes on Monday. Attention now turns to this week's Fed meeting.

Kiplinger

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AI bubble: five things you need to know to shield your finances from a crash

Some experts have voiced fears a tech meltdown could hit our savings and pensions – here’s how to protect yourself

The Guardian - UK

Tesla Car Sales Lifted By End Of US Electric Auto Tax Credit

Tesla reported higher global third-quarter auto deliveries on Thursday, joining a broad slate of automakers seeing a surge in electric vehicles ahead of the phaseout of a US tax credit.

International Business Times

In Just One Year, Google Turns AI Setbacks Into Dominance

Caught off guard by ChatGPT and mocked for early blunders with its own generative artificial intelligence efforts, Google has pulled off a dramatic turnaround in just one year, becoming a major player in consumer-facing AI. "The market had written off Alphabet in the AI race," Matt Britzman, analyst at Hargreaves…

International Business Times

Nvidia Pledges $100 Billion To Supercharge OpenAI: 'This Is A Giant Project,' Huang Says

Nvidia Corp. (NASDAQ:NVDA) and OpenAI on Monday announced a new deal to deploy at least 10 gigawatts of Nvidia-powered systems to support OpenAI's next-generation AI infrastructure.

Benzinga

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Nvidia becomes world’s first-ever $4 trillion business after another share price surge

Chipmaker has seen its share price go up more than 14 per cent in the past month

The Independent UK

Reeves tries to soothe market jitters after sell-off driven by Trump tariffs

Wall Street rises after Treasury secretary says US can reach ‘some good deals’ with trading partners

The Guardian - UK

Tesla quarterly sales slump 13% amid backlash against Elon Musk

Drop is likely combination of ageing lineup, increased competition and backlash to Musk’s politics

The Guardian - US

A year of two halves: how global financial markets fared in 2024

Good for equities, good for the US, and good for crypto but the year spawned mixed blessings for the UK, China and Europe

The Guardian - UK

FTSE records strongest annual gain since 2021 as aviation stocks take off

UK’s blue-chip stock index posts rise of 5.7% for 2024, despite lagging behind Wall Street in past year

The Guardian - UK

London’s FTSE 100 enjoys rally to end 2024 on a ‘high note’

The positive sentiment was felt among other UK indices with the FTSE 250 jumping more than 1%, while France’s Cac 40 also moved higher.

Evening Standard

Why Does UK Lag On 5G Mobile Connectivity?

By approving a merger of Vodafone and Three in the UK, the country has secured a commitment from the mobile phone operators to invest billions of pounds on 5G connectivity.

International Business Times

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The Guardian - UK

Even a ‘rate shock’ for British mortgage borrowers may not help the banks

The prospect of home loan rates staying high for longer is not the tonic for lenders’ financial results it once was

The Guardian - UK

Bank of England governor hopes mortgage rates will keep falling, as economists see inflation hitting 2% soon – as it happened

Rolling coverage of the latest economic and financial news, as MPs quiz BoE officials about the impact of high interest rates

The Guardian - UK

Higher interest rates help HSBC to more than double profits

Bank criticised by MPs for being too slow to reward savers as it announces 15% rise in net interest income and $3bn share buyback

The Guardian - UK

ECB warns eurozone economy ‘remains weak’ after leaving interest rates on hold; US growth accelerates to 4.9% – as it happened

Eurozone central bank gives press conference after pausing its cycle of rate hikes, as inflation slows and Europe’s economy weakens

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Birmingham Post

Shares rise at Imperial Brands as cigarette maker announces £1bn buyback scheme

The Bristol-based maker of Davidoff and Gauloises cigarettes said the programme was an "important milestone" in its five-year strategy

The Guardian - UK

Marmite maker Unilever raises prices by 11% as inflation increases costs

Consumer goods group reports sales growth despite falling volumes of goods sold

The Guardian - UK

Nestlé says more price rises are coming after 5.2% increase

KitKat and Nescafé owner blames surge in cost of ingredients, energy, labour and transport

People

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