Big dreams and tiny revenue are new norm for AI IPOs

The nature of the AI boom and the size of valuations make the contrast between ambition and income more striking

Posted on: 26 September 2026 | 11:00 pm

Cyber security stocks are pumped up on P(doom)

Besieged by growing cyber threats, organisations are hurling money at the problem

Posted on: 25 September 2026 | 11:00 pm

Whitbread acts out the UK’s growth challenge in miniature

If the budget hotel chain owner is struggling to make its numbers stack up, other operators will be too

Posted on: 25 September 2026 | 11:00 pm

Lawyers join microchips on the list of data centre must-haves

The Oracle dispute suggests there is another risk investors may have overlooked

Posted on: 25 September 2026 | 8:46 am

Blackstone’s insurance plans will help London, if not its old guard

The sector is one area where major international investors still think the UK capital is a world leader

Posted on: 24 September 2026 | 11:00 pm

The costly gamble on AI’s next giants

It is true that these numbers can hide some sleight of hand

Posted on: 24 September 2026 | 11:00 pm

Airtel Money IPO signals a route back for London’s market

What starts as a niche investment can attract more mainstream sector analysts and investors

Posted on: 23 September 2026 | 11:00 pm

China tries on the smart glasses craze — and its privacy risks

Processing more camera data directly on the device can reduce risks but it raises component costs

Posted on: 23 September 2026 | 11:00 pm

How besieged billionaires are turning the tables on litigious shareholders

Hollywood super-agent Ari Emanuel has accused funds of illegal anti-competitive conduct over his take-private of Endeavor

Posted on: 23 September 2026 | 12:27 pm

How Trump’s diesel export ban will backfire

Suspending foreign sales of the vital fuel may look good in the short term but the US would soon suffer

Posted on: 23 September 2026 | 10:37 am

Biotech is one area where the US can afford to let China flourish

Drugmakers are picking through the Chinese biotech sector to find treatments and technologies to bring to overseas markets

Posted on: 22 September 2026 | 11:00 pm

Private equity has a new kind of SaaS: swimming as a service

There are north of 10mn installed pools in the US and they all need regular cleaning and repair

Posted on: 22 September 2026 | 11:00 pm

Paramount wins over US states — but can it win over the bond market?

The Hollywood studio will emerge from the WBD acquisition with net debt of about $80bn

Posted on: 22 September 2026 | 9:12 am

Germany’s economic recovery is under way if politics doesn’t spoil it

Frugal Germany would appear to have the fiscal headroom to try and spend its way out of the impasse

Posted on: 21 September 2026 | 11:00 pm

Novo’s prospects beyond weight-loss drugs look surprisingly lean

Despite plans to broaden its business beyond obesity treatments, the Danish group’s guidance is unambitious

Posted on: 21 September 2026 | 11:42 am

There’s room in space for more than just Elon Musk

Commercial chops will define the winners

Posted on: 21 September 2026 | 7:49 am

Cinema revival takes the big screen and makes it enormous

Film-goers are attending less often but spending more, splashing out on plush seats, elaborate cocktails and premium screens

Posted on: 19 September 2026 | 11:00 pm

Australia has a secret weapon in the race for AI compute

The country has almost limitless space with which to generate renewable electricity

Posted on: 18 September 2026 | 11:00 pm

Housebuilders aren’t the only ones who benefit from ‘Help to Buy’

A new equity loan scheme could help people get on the property ladder, though the government might struggle to afford it

Posted on: 18 September 2026 | 11:00 pm

Why Scott Bessent should pay attention to Turkey’s market scandal

It does not take a fraud to cause problems when markets get overstretched

Posted on: 18 September 2026 | 8:45 am

Will El Niño be the saviour of Europe’s energy market?

The continent’s storage is 69 per cent full, compared with more than 80 per cent this time last year

Posted on: 17 September 2026 | 11:00 pm

Europe can attract more stock trading with fewer, better markets

A bigger European exchange could better woo US investors seeking to diversify from the tech-centricity of their own markets

Posted on: 17 September 2026 | 11:00 pm

Rising rates throw a spanner in investment bankers’ spreadsheets

When the cost of capital goes up, the value of a company theoretically goes down. Share prices tell a different story

Posted on: 17 September 2026 | 11:39 am

St James’s Place looks smartly attired for the AI wealth party

Wealth manager should soon be able to focus on growth rather than historic issues

Posted on: 16 September 2026 | 11:00 pm

Japan has good reason to welcome arrival of driverless taxis

Shortage of taxi drivers gives country a structural reason for robotaxis to grow

Posted on: 16 September 2026 | 11:00 pm