Questor: don’t let this supermarket’s results put you off
Recently released annual results from Sainsbury’s hardly set the world alight. The FTSE 100-listed retailer generated a rather humdrum 3.4pc rise in sales and a paltry 1.6pc increase in pre-tax profits in the financial year to March 2024.
Microsoft creates top secret AI tool for US spies
Microsoft has developed artificial intelligence that can be used by American spies, deeming it safe because it is completely divorced from the internet.
Investors no better off than they were in 2016 due to rising interest rates
Investors are no better off than they were in 2016 despite stocks rising, analysis has found.
Retail Sales, Corporate Earnings Boost European Bourses Midday
Retail Sales, Corporate Earnings Boost European Bourses Midday
Asian Markets Mixed, European Stocks Gain
Asian stock markets diverged on Tuesday, while European equities rose as investors continue to assess the chances for global interest-rate cuts. South Korea’s KOSPI Composite Index led the region’s gainers, rising 2.
Europe risks losing its biggest oil companies to America
Two of Europe’s biggest oil companies, Shell and TotalEnergies, are considering abandoning their stock exchanges for Wall Street in a move that would deal a hammer blow to London and Paris.
Trending tickers: Saudi Aramco, Nvidia, Palantir and Disney
The latest investor updates on stocks that are trending on Tuesday.
FTSE 100 LIVE: European stocks tick up as earnings season rolls on
Companies including Walt Disney, BP and Saudi Aramco report on Tuesday.
FTSE 100: BP profits slump to $2.7bn amid falling oil prices
The oil company plans a $1.75bn share buyback.