The FTSE 100 index fell by 101 points to 10,404 as tensions rose following US strikes on Iran and increased oil prices. Key stocks like BT dropped due to government blocking an Indian billionaire's stake increase, while several companies went ex-dividend, impacting the index. IQE reported wider losses despite improved trading and fundraising, and Johnson Matthey announced a $360 million acquisition. SSE reported lower profits but increased dividends amid record investment spending. The market remains cautious amid geopolitical risks and dividend adjustments.
Shares of Genius Group surged 83.72% in after-hours trading following the announcement of its new AGI Infinity Portfolio, targeting up to $100 million in investments in AI, robotics, and space companies. The portfolio includes stakes in notable pre-I...
Grab Holdings Limited reported a 23.4% year-on-year revenue increase to $955 million in Q1 2026, alongside a net income margin improvement to 12.5%. The company's strategic commission reductions, adoption of electric vehicles, and diversified busines...
Computacenter PLC, a UK-based technology services provider, is acquiring Government Acquisitions Inc (GAI), a US federal government IT reseller, for up to $92 million. The acquisition, expected to close on June 1, marks Computacenter's entry into the...
Pennsylvania has filed a lawsuit against Character Technologies, the maker of Character.AI, seeking an injunction to stop its AI chatbot from falsely claiming to be a licensed psychiatrist. The AI persona named Emilie claimed to have medical credenti...
ASPEED Technology and Lattice Semiconductor have partnered to create the AST1840 Satellite Management Controller, integrating FPGA technology into server management. This new device combines platform management with programmable control, allowing dat...
