Monday, 19 October 2026
- Nasdaq up 1.2% as tech stocks recover ground but gains fade from morning highs
The Nasdaq Composite was up 1.17% at 26,446 in afternoon trading on Monday, holding onto a meaningful chunk of the morning's recovery from last week's 4.48%…
- Tolan raises $30m for the AI companion app that ignores Silicon Valley and targets everyone else
Tolan, a San Francisco startup building AI companions aimed at everyday users rather than tech professionals, has raised $30 million in new funding from Union…
- Huang says AI labs are quarter of Nvidia's compute demand, Goldman upgrades CoreWeave, lifting peers, Nvidia, Google, Microsoft - Big Tech Report Update
Nvidia CEO Jensen Huang used an appearance on the BG2 podcast on 15 October to push back on concerns that the company's fortunes hinge on a handful of AI labs.
- AI assistant startup Town hits unicorn status four months after launch after raising $108m
Town, a San Francisco startup building AI assistants for businesses, has reached a unicorn valuation after closing a $108 million Series B funding round just…
- Amazon shares jump as Morgan Stanley calls AWS runway “under-appreciated”
Amazon.com Inc (NASDAQ:AMZN) shares rose more than 5% on Monday after Morgan Stanley (NYSE:MS) named the company a top pick and raised its price target to $350…
- Apple hovers just below $5 trillion as touchscreen MacBook is teased
Apple (AAPL) was among the few major technology stocks to sit out Monday's recovery rally, hovering just below the $5 trillion market capitalisation mark as…
- MARKETS LIVE: Nasdaq powers ahead as tech stocks rebound, FTSE closes red Update
The FTSE 100 had a rough start to the week, finishing down 1.1% at 10,765 points.
- Can new Anthropic AI model read your mind? Arms race continues as Claude owner nears IPO
Anthropic is developing a new artificial intelligence model that can infer a user's underlying goals from minimal instructions, going beyond what is asked to…
- DeepSeek banned from US federal systems as Washington moves to shut Chinese AI out of government networks
The United States Department of Homeland Security has ordered federal civilian agencies to remove all technology developed by China's DeepSeek from their IT…
- Rentokil faces US pricing pressure as AI reshapes pest-control market
Rentokil Initial PLC (LSE:RTO), the pest-control and hygiene services group, faces tighter pricing power and changing customer acquisition trends in the United…
- MARKETS LIVE: Nasdaq powers ahead as tech stocks rebound Update
Wall Street heads into a busy week of earnings, with results from Meta Platforms and Tesla set to test investor confidence in artificial intelligence spending…
- Whitbread gets UBS forecast upgrade as stronger trading points to earnings recovery
UBS has raised its earnings forecasts for Whitbread PLC (LSE:WTB), the Premier Inn hotel operator, after stronger-than-expected first-half trading prompted the…
- FTSE 100 LIVE: London shares sustain triple-digit loss. Nasdaq makes strong start Update
The FTSE 100 closed down 132 points on Monday, giving back some of the roughly 3% gain it had notched last week when investors briefly treated it as a refuge…
- Semiconductor index bounces 3% as chip stocks recover as the AI hardware cycle looks intact
If you want to know where the AI hardware cycle is heading, watch the Philadelphia Semiconductor Index before you watch anything else.
- Goldman Upgrades CoreWeave to Buy, Lifting Peers, Samsung taps TSMC to build Nvidia memory die, AMD, ARM, Nvidia - Big Tech Report
Goldman Sachs upgraded CoreWeave to Buy from Neutral, reversing course after a selloff last week in which rising yields on the company's bonds stoked concern…
- SpaceX stock rides the tech recovery as Europe's satellite challenge fails to dent investor confidence
SpaceX (SPCX) shares are moving higher Monday as technology stocks bounce from last week's steep selloff, with investors largely unmoved by a report that four…
- Meta, Tesla and SpaceX earnings this week could be make-or-break moment for the AI trade
Three companies sit at the centre of the AI investment thesis, and all three report earnings this week.
- YouGov’s data assets and cost controls underpin Deutsche Bank’s bullish stance
Deutsche Bank has raised its price target for YouGov PLC (AIM:YOU), the market research and data analytics company, to 400p from 350p after its financial year…
- MARKETS LIVE: Wall Street opens mixed as tech stocks rebound Update
Wall Street opened on a mixed note on Monday as technology shares recovered from last week’s sharp sell-off, while easing oil prices supported sentiment ahead…
- Nvidia, AMD and Micron surge as semiconductor index jumps 3%. So, was last week's selloff was overdone
If you want to know where the AI hardware cycle is heading, watch the Philadelphia Semiconductor Index (SOX) before you watch anything else.
- Gemfields' ruby auction beats forecasts as prices hit decade high
Gemfields Group Limited (AIM:GEM), the coloured gemstone miner, generated $52 million from its latest ruby auction, beating Panmure Liberum’s US$41.5 million…