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City

Tesla shares slump amid concerns over Elon Musk’s Twitter bid

More than 125 billion US dollars (£99 billion) was wiped off the stock market value of electric car giant Tesla overnight amid concerns that boss Elon Musk may have to sell down his stake to fund his takeover of Twitter. Tesla shares tumbled 12.2% ...

27 Apr 2022 at 11:55

City

WeShop makes first share buyback payouts to shoppers, but delays IPO

Community-owned social ecommerce platform WeShop has handed out its first share buybacks, with one shopper netting £9,000, but the UK tech firm revealed it is putting back its flotation plans due to stock market turbulence. The world’s first ...

10 Apr 2023 at 00:01

Arm Holdings shares gain nearly 25% in biggest IPO since late 2021

World

Arm Holdings shares rise 10% in biggest initial public offering since late 2021

Shares of UK chip designer Arm Holdings rose almost 25% in their stock market debut, in the largest initial public offering of shares in nearly two years. The shares opened at 56.10 dollars (£45.20) on the Nasdaq on Thursday after having ...

14 Sept 2023 at 21:25

World

Trump’s social media company to start trading on the Nasdaq on Tuesday

Trump Media & Technology Group, whose flagship product is social networking site Truth Social, will begin trading on the Nasdaq stock market on Tuesday. Shareholders of Digital World Acquisition Corp, a publicly traded shell company, ...

25 Mar 2024 at 17:44

World

Trump’s social media company soars nearly 50% in its first day of trading

Shares of Donald Trump’s social media company jumped nearly 50% in the first day of trading on the Nasdaq. The value will be a boost for Mr Trump’s large holdings in the company as well as the smaller stakes of fans who purchased ...

26 Mar 2024 at 14:22

Motoring News

Polestar sales rocket by nearly 125 per cent in first half of 2022

Swedish EV brand Polestar saw its sales soar by nearly 125 per cent during the first half of 2022, the firm has announced. Volvo’s sibling currently offers just one model – the electric 2 hatchback. But despite that, sales are ...

13 Jul 2022 at 14:31

World

Stocks swing wildly as markets try to assess impact of Trump’s trade war

Wall Street is careening through a shocking day of trading on Monday, catapulting from an early drop that had dragged it 20% below its record to a sudden rise, only to revert to losses as worries remain about whether US ...

07 Apr 2025 at 22:51

World

US stock market buckles as fears of fallout from tariffs shake markets

Wall Street shuddered and a level of shock unseen since Covid’s outbreak tore through financial markets worldwide on Thursday over worries about the damage President Donald Trump’s newest set of tariffs could do to ...

03 Apr 2025 at 21:35

City

AstraZeneca to overhaul US listing but remain on London market and keep UK HQ

Drugs giant AstraZeneca has revealed plans to overhaul its US listing, but stressed it will keep its headquarters in the UK and remain on the London market. Cambridge-based AstraZeneca is set to directly list its ...

29 Sept 2025 at 11:59

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