Rolling coverage of the latest economic and financial news

Shares are falling faster than wickets in Perth at the start of trading in London, as fears of an AI bubble rip through markets again.

Following losses on Wall Street last night, the FTSE 100 share index has dropped by 104 points, or just over 1%, at the start of trading to 9423 points. That’s a one-month low.

it’s been a truly remarkable 24 hours, with a sequence of moves that were almost impossible to predict….

After the world’s largest company reported spectacular results, the stock was up around +5% by 3pm London time. It closed down -3.15%. The broader market followed a similar pattern: the S&P 500 initially climbed +1.93%, only to fade and close down -1.56% as doubts about AI valuations crept back in. That marked the bigg

See Full Page