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Market Data

Tech stocks tumble on concerns over AI spending

Financial markets received a sharp wake-up call on Tuesday following a sudden wave of selling in major technology shares, triggering widespread doubt over the sustainability of the AI boom.

Who could be the UK's next chancellor?

With Sir Keir Starmer resigning, Andy Burnham, the newly-elected Makerfield MP, is almost certain to be the next UK prime minister.

Tech giant Oracle cuts 21,000 jobs as it embraces AI

Oracle shed about 21,000 roles globally in the last year as the US technology giant reshapes its business around artificial intelligence (AI), the firm's latest annual report shows.