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The Market Wire

Tuesday, 3 November 2026

  1. New York Times sues Brave over paywalls and AI

    The New York Times has sued Brave Software, the company behind the Brave web browser, accusing it of getting around paywalls and passing copyrighted journalism…

  2. Palantir's Karp calls AI dominance a "moral imperative"

    Alex Karp, chief executive of Palantir Technologies, has described the company's drive to lead in artificial intelligence (AI) as a "moral imperative".

  3. Netflix tests AI tab to end the endless scroll

    Netflix has started rolling out a new tab that helps viewers pick something to watch based on their mood, rather than trawling through rows of genres.

  4. OpenAI says ChatGPT search volume nears fifth of Google's

    OpenAI said ChatGPT's search query volume now equals roughly 20% of Google's, according to Adam Fry, the company's consumer product lead for ChatGPT, speaking…

  5. Apple brings back its redesigned Health app for testing

    Apple released iOS 27.3 beta 1, reintroducing a redesigned Health app that developers first saw in the iOS 27.2 beta before it was stripped out of that…

  6. CrowdStrike buys two startups to secure AI agents

    CrowdStrike is buying Fiddler AI and Dreadnode, two startups focused on securing artificial intelligence systems, as enterprises rush to deploy AI agents…

  7. High freight costs keep Atlantic Basin crude trade under strain, says RBC

    Freight costs have become the dominant force in physical oil markets, and still-elevated rates are hindering trade in many Atlantic Basin crude grades, RBC…

  8. Bloomsbury author’s record launch is a net positive but hard to quantify, says Deutsche Bank

    Deutsche Bank (DB) has a 'buy' rating on Bloomsbury Publishing PLC (LSE:BMY), the book publisher, after reports that author Sarah J Maas’s latest novel sold a…

  9. M&S plans five UAE Foodhalls in a new push for the weekly shop, says Citi

    Citi, the investment bank, rates Marks and Spencer Group PLC (LSE:MKS) (M&S), the UK retailer, 'buy' with a £4.80 price target, calling its plan for five…

  10. Citi cuts Barratt Redrow target price as margin recovery pushed further out

    Citi has cut its price target for Barratt Redrow PLC (LSE:BTRW), the UK housebuilder, by 9% to £3.75 as weaker sales prospects and rising costs delay its…

  11. Deutsche Bank cuts ITV price target as European TV advertising market weakens

    Deutsche Bank has cut its price target for ITV PLC (LSE:ITV), the UK commercial broadcaster, to 77p from 85p, while retaining a 'hold' rating.

  12. UBS cuts NatWest price target as flat margin outlook clouds earnings growth

    UBS has cut its price target for NatWest Group PLC (LSE:NWG), the FTSE 100 bank, to 775p from 835p after management signalled flat margins in 2027.

  13. Sigma Lithium upsizes convertible bond offering to $125 million

    Sigma Lithium Corp (TSX-V:SGML, NASDAQ:SGML, ASX:SAU) has priced an upsized US$125 million convertible bond offering to refinance its senior secured debt with…

  14. US copper pipeline could reach 1.3 million tonnes a year as critical minerals push gathers pace, says JP Morgan

    JPMorgan, the investment bank, says a focus on securing critical minerals supply is reviving US copper investment, lifting its estimate of potential new supply…

  15. Palantir's numbers dazzle, but the order book troubles Wall Street

    Palantir Technologies nearly doubled its revenue, beaten every forecast and raised its guidance.

  16. HSBC to open AI institute in Hong Kong

    HSBC will establish an artificial intelligence and emerging-technology institute in Hong Kong, with operations due to begin in the first quarter of 2027.

  17. Gartner says open models can match frontier AI at a fraction of cost

    Open-weight AI models can perform 90% of the routine steps in enterprise agent workflows at a twentieth of the cost of running a frontier large language model…

  18. OpenAI moves to merge ChatGPT's Chat and Work tabs

    OpenAI is merging the Chat and Work tabs in the ChatGPT desktop app, according to emails sent to users.

  19. China speeds up new law to oversee AI from start to finish

    China is rushing through a new law that would put artificial intelligence (AI) under government supervision at every stage, from the data and computers used to…

  20. Ryanair rated 'buy' by Citi and Deutsche Bank as fuel costs cloud next year's profits

    Ryanair Holdings PLC (LSE:RYA), the low-cost airline, is rated 'buy' by both Citi and Deutsche Bank (DB) after first-half results showed improving fare trends…

  21. Gelion FY2026 results beat market expectations - ICYMI

    Gelion PLC (AIM:GELN, OTC:GELNF, FRA:X0S) earlier this week reported FY2026 financial results ahead of market expectations, as the battery technology developer…

  22. Nvidia expands its city AI software stack into live municipal deployments

    Nvidia, the US chipmaker whose processors power most of the world's artificial intelligence (AI) systems, says cities around the world are using its technology…

  23. UK regulators warn firms they can't blame AI agents for harm

    Four UK regulators have told companies that deploying an AI agent does not transfer legal responsibility when things go wrong.

  24. Oil prices point higher as US strikes Iran on eve of mid-term election

    As American voters head to the polls in midterm elections on Tuesday, with at least one eye on the price of a tank of fuel, crude oil was again rising, again…

  25. Cloud infrastructure spending accelerates on AI capacity push

    Worldwide spending on cloud infrastructure services reached $168 billion in the third quarter, up 55% from a year earlier, according to Synergy Research Group…

  26. AI systems start editing each other's weights directly

    A new technique lets one AI model act as an optimizer that directly adjusts another model's weights, the internal parameters that encode what it has learned…

  27. Apple's record quarter can't hide the memory problem

    After hours on Monday, Apple reported the best September quarter in its history, and investors are selling anyway.

  28. Zalando margin miss overshadows AI shopping agent launch

    Zalando, the German online fashion retailer, has launched a service that lets shoppers use artificial intelligence (AI) agents inside its app to buy from other…

  29. Primark risks outweigh margin beat at Associated British Foods, Jefferies warns

    Jefferies has warned that the balance of news from Primark is likely to remain negative for Associated British Foods PLC (LSE:ABF), despite…

  30. Drax strikes £20bn data centre deal

    Drax, owner of Britain's largest power plant, has struck a deal with infrastructure investor Brookfield Asset Management and its AI-infrastructure platform…

  31. Apollo lends record $114 billion as AI debt boom gathers pace

    Apollo Global Management, the US private equity and credit giant, lent a record $114 billion in the third quarter, according to the Financial Times.

  32. Centrica shares oversold on trading worries, says Jefferies as it upgrades to 'buy'

    Centrica PLC (LSE:CNA), the owner of British Gas, has been oversold on worries about its volatile trading arm, Jefferies, the investment bank, said as it…

  33. Apple results: a step-by-step guide to why the shares fell after a beat

    Apple Inc (NASDAQ:AAPL, XETRA:APC) shares fell about 3% in after-hours trading after the iPhone maker beat forecasts for the September quarter but warned that…

  34. Anthropic's compute and data centre bill casts doubt on $2 trillion IPO valuation

    Bets on Anthropic hitting a $2 trillion stock market valuation have cooled after the artificial intelligence company revealed it has committed to almost $900…

  35. Jefferies upgrades Centrica to buy, saying market is too focused on trading arm

    Jefferies has upgraded Centrica, the owner of British Gas, to 'buy' from 'hold', arguing that investors are overlooking the steady growth in most of its…

  36. Gattaca shares rise over 6% as profits surge and dividend doubles

    Gattaca PLC (AIM:GATC) shares rose over 6% to 135p on Tuesday morning after the recruitment group reported higher annual profits, stronger fee income and a…

  37. Shield Therapeutics loses profitability target as Medicaid pressures offset prescription growth

    Shield Therapeutics PLC (AIM:STX, OTCQB:SHIEF), the pharmaceutical company behind iron deficiency treatment Accrufer, has abandoned its target of operating…

  38. Gulf airlines deepen cuts to European flights as jet fuel costs soar

    Airlines are cutting more seats between the Middle East and Europe, with November capacity now down 12.7% on last year, according to UBS.

  39. Zanaga completes bulk sampling as Panmure Liberum eyes $5m funding milestone

    Zanaga Iron Ore Co Ltd (AIM:ZIOC, FRA:6ZA) has completed its bulk sampling programme on time and within budget, marking progress towards pilot-scale testing of…

  40. Shore Capital trims Sainsbury forecasts as grocery market tightens

    Shore Capital has cut its profit forecasts for J Sainsbury, the FTSE 100 supermarket group, after the retailer reported slowing grocery sales and tougher…

  41. Ondine Biomedical raises £10m ahead of FDA filing - ICYMI

    Ondine Biomedical has raised £10 million following positive top-line results from its LANTERN Phase 3 trial, strengthening its position ahead of a planned US…

  42. Wizz Air October passenger numbers rise 19.8% as airline expands Spanish operations

    Wizz Air Holdings PLC (AIM:WIZZ), the low-cost European airline, carried 7.62 million passengers in October, an increase of 19.8% year-on-year, as capacity…

  43. TP ICAP revenue rises 11% in third quarter as Global Broking drives growth

    TP ICAP PLC (LSE:TCAP), the interdealer broker, reported an 11% increase in third-quarter revenue at constant currency, supported by strong growth in its…

  44. Drax shares jump over 8% on £20bn AI data centre partnership with Brookfield

    Drax Group (LSE:DRX) shares surged over 8% to 878p on Tuesday morning after the power generator announced a strategic partnership with Brookfield and its…

  45. London-listed technology trusts slide as global AI sell-off deepens

    London-listed technology investment trusts came under renewed selling pressure on Tuesday as growing doubts about the returns from artificial intelligence (AI)…

  46. IWG shares jump over 6% as profit guidance points above forecasts

    Shares in IWG PLC (LSE:IWG), the owner of the Regus and Spaces flexible office brands, rose over 6% to 210.2p on Tuesday after third-quarter revenue grew 9%…

  47. Anthropic's slowing growth casts doubt on $2 trillion IPO valuation

    Anthropic, the artificial intelligence company behind the Claude chatbot, looks increasingly unlikely to reach a $2 trillion valuation when it lists, after an…

  48. MARKETS LIVE: FTSE 100 slips as miners and mid-caps come under pressure Update

    The FTSE 100 was down 53 points, or 0.5%, at 10,708 by 9 am as a renewed global technology sell-off and caution ahead of the US midterm elections weighed on…

  49. FTSE 100 LIVE: London feels backwash from tech sell-off. ABF leads the fallers Update

    The FTSE 100 fell 53 points in early trading, with Associated British Foods (ABF) the biggest corporate mover.

  50. Apple results: A step-by-step guide to why the shares fell after a beat

    Apple shares fell about 3% in after-hours trading after the iPhone maker beat forecasts for the September quarter but warned that rising memory costs would…

  51. Hiscox jumps 3% as brokers back retail-led growth

    Hiscox Ltd (LSE:HSX), the international specialist insurer, jumped 3% to 1,940p as brokers highlighted accelerating retail growth and the group’s ability to…

  52. Associated British Foods falls 3% as Shore Capital keeps 'hold' after tough year

    Associated British Foods PLC (LSE:ABF), the food and retail group behind Primark, fell 3% to 1,890p after Shore Capital retained its 'hold' rating following…

  53. Associated British Foods shares fall as Primark owner warns of lower profits next year

    Shares in Associated British Foods (ABF), the owner of Primark, fell 2.5% after the company warned that profits will fall again next year.

  54. Zanaga Iron Ore completes bulk sample programme

    Zanaga Iron Ore Co Ltd (AIM:ZIOC, FRA:6ZA) has completed bulk sampling at its Republic of Congo project, providing material for metallurgical tests needed to…

  55. ACG Metals acquires construction-stage copper mine in Norway

    ACG Metals Ltd (LSE:ACG, OTC:ACGAF) announced it has agreed the US$220 million all-share acquisition of Blue Moon Norway, adding a construction-stage copper…

  56. Arkadian Strategic Metals boosted by metallurgical test results

    Arkadian Strategic Metals PLC (AIM:AKN, OTC:ALBAF, FRA:9AB) has produced rare earth concentrates in initial tests at its majority-owned Motzfeldt project in…

  57. MARKETS LIVE: FTSE 100 drops at the open as blue chips come under pressure Update

    The FTSE 100 was down 36 points, or 0.3%, at 10,725 shortly after the open, having traded between 10,688 and 10,728.

  58. IWG expects profits to beat forecasts as network passes 5,000 centres

    IWG, the owner of the Regus and Spaces flexible office brands, expects full-year profits to come in above market forecasts after another quarter of growth.

  59. Coca-Cola Europacific Partners sticks to guidance after strong third quarter

    Coca-Cola Europacific Partners (CCEP), the FTSE 100 bottler, reaffirmed its full-year guidance after third-quarter revenue rose 6.5% to €5.76 billion.

  60. Supermarket Income REIT seeks £50m to fund £65m buying spree

    Supermarket Income REIT, the grocery property investor, is raising about £50 million from shareholders to buy 12 properties for £65.2 million.

  61. Drax partners with Brookfield on £20 billion AI data centre project

    Drax Group (LSE:DRX), the UK power generation company, has partnered with Brookfield and its Radiant AI infrastructure platform to develop a large-scale…

  62. Hiscox claims stay within expectations as savings plan stays on track

    Hiscox, the specialist insurer, said claims in the third quarter were within expectations and its cost-cutting programme remains on track to deliver a $75…

  63. Drax teams up with Brookfield on AI data centre that could cost more than £20bn

    Drax, the power generator, has agreed to develop a giant artificial intelligence data centre at its North Yorkshire power station with Brookfield, the…

  64. Wizz Air passenger numbers jump 20% as Spanish expansion gathers pace

    Wizz Air, the London-listed budget airline, carried 7.62 million passengers in October, up 19.8% on the same month last year.

  65. Hiscox premiums rise 10% as retail growth accelerates

    Hiscox Ltd (LSE:HSX), the international specialist insurer, reported a 9.5% rise in insurance contract written premiums for the first nine months of 2026 as…

  66. FTSE 100 LIVE: London to feel the backwash from tech sell-off Update

    The blue-chip index is set to open around 61 points lower, with London set to feel the backwash from the tech sell-off.

  67. MARKETS LIVE: FTSE 100 set to open lower as tech weakness weighs

    London’s blue-chip index finished Monday 0.3% higher at 10,761, despite weakness in BP, Shell and Ithaca Energy as crude prices tumbled.

  68. FTSE 100 LIVE: Asian markets slide as tech rout hits Korea and Taiwan; ASX rises after RBA hike

    Asian share markets were mostly weaker on Tuesday as renewed selling in technology stocks hit South Korea and Taiwan, while investors remained cautious ahead…

  69. On the Chain: Bitcoin slips below US$77,000 as Binance hack fallout keeps crypto markets on edge

    Bitcoin has slipped below US$77,000 as cryptocurrency markets remain under pressure from the fallout of the record Binance hack, heavy liquidations and renewed…

  70. Salesforce stock slides, reveals acquisition of voice AI agent startup Cresta

    Salesforce stock closed Monday's trading session in New York, after the sales support software firm announced a deal to acquire Cresta, a company that builds…