Will Big Tech earnings pop the AI bubble? October 28, 2025 This week, the world’s most powerful firms, Microsoft, Meta, Alphabet, Amazon and Apple, will announce their quarterly results, which could either propel Wall Street to new highs or puncture the AI so-called ‘bubble’. Together, these five firms make up a quarter of the S&P 500’s value, and have collectively added over $6tr (£4.5tr) to their [...]
Amazon to cut 10 per cent of workforce amid AI pivot October 28, 2025 Amazon is preparing to axe as many as 30,000 corporate jobs worldwide this week, in what could mark its largest round of layoffs since 2022. The Seattle-based technology giant plans to begin cuts as soon as Tuesday, according to Reuters, targeting around 10 per cent of its 350,000-strong corporate workforce. Amazon employs more than 1.5 [...]
Eon Productions’ James Bond pay day revealed October 23, 2025 Eon Productions received $20m (£15m) from the sale of the James Bond franchise earlier this year, it has been revealed for the first time. In February, James Bond producers Barbara Broccoli and Michael G. Wilson agreed to sell creative control to Amazon MGM Studios for a reported $1bn. Exact financial terms of the deal, which [...]
Apple hit with new antitrust complaint amid Big Tech scrutiny October 22, 2025 Apple has been hit with a new antitrust complaint in Brussels in the latest blow to the tech giant as global regulators tighten their grip on Big Tech. The joint complaint, filed on Wednesday, alleges that Apple’s App Store rules and device terms of service violate the new digital competition regime. It has been filed [...]
Evri and Yodel named worst parcel deliverers again October 22, 2025 Evri and Yodel have once again been named as the two worst parcel delivery companies in the UK for customer satisfaction, according to a new survey. In regulator Ofcom’s annual survey, Evri posted a dissatisfaction score of 41 per cent with Yodel second worst on 33 per cent. Yodel and Evri only managed satisfaction scores [...]
AI bubble will burst unless businesses can grow 25 times the size of Amazon October 21, 2025 When numbers get large enough they cease to make sense, and the scale of investment in AI is already dwarfing the dotcom bubble, says Chris Clothier Scarcely a day goes by without a new announcement of a huge sum of money to be spent on AI. In early October, Open AI, the company behind ChatGPT, [...]
Oaktree Capital co-founder voice doubts that macroeconomic fears caused gold’s rally October 20, 2025 Howard Marks, co-founder of investment firm Oaktree Capital, has voiced his scepticism over gold’s rallying run, believing economic conditions have not caused the surge and there is “no intelligent way to assess the intrinsic value”. Speaking on The Master Investor podcast with Wilfred Frost, Marks attributed the precious metal’s long standing run to popularity, believing [...]
Amazon Fresh to close all UK stores September 23, 2025 Amazon is set to close all 19 of its Amazon Fresh stores in the UK, just four years after launching its first supermarket outlet in London. It has been revealed that the tech giant plans to convert up to five of these locations into Whole Foods Market stores, a US organic food chain it acquired [...]
Revealed: How much profit Amazon makes in the UK September 10, 2025 Amazon’s UK profit has been revealed – with the total estimated to be well above the £500m mark. Unusually, Jeff Bezos’ empire doesn’t file a single set of group accounts for its UK activities, instead choosing to report each company’s results separately with no parent entity in this country. The picture is also further complicated [...]
Microsoft offers ‘pay-as-you-go’ software concession to cloud rivals after bowing to pressure July 18, 2025 Microsoft will allow its cloud rivals to offer ‘pay-as-you-go’ software to their customers after bowing to pressure over its licensing practices. The US tech giant attracted criticism for the way it offered exclusive software deals to customers of its Azure cloud platform, which rivals said made it difficult for them to compete. But in a [...]