Latest market news
Independent UK financial coverage with full source attribution.
Nvidia reportedly in talks to backstop $250bn OpenAI debt arrangement
Reports indicated Nvidia (NVDA) was in early-stage discussions to provide a $250 billion credit backstop for OpenAI, enabling debt financing for a data centre campus in Pike County, Ohio; the facility was reported as part of a broader $500 billion, 10-gigawatt project led by SoftBank.
Apple briefly hits $5 trillion market cap, second ever to do so
Apple's shares touched $342.89 on Tuesday, briefly giving it a market capitalisation of $5.04 trillion — only the second publicly traded company in history to reach the milestone after Nvidia.
IBM Q2 2026: filings, holdings, and macro context
META Q2 2026 update — filings and holdings
AMD Q2 2026 update — filings and holdings
MSFT Q3 2026: filings, holdings, and macro context
AAPL Q2 2026 update — filings and holdings
GOOGL Q2 2026 update — filings and holdings
LIN Q2 2026: filings, holdings, and macro context
CRM Q1 2026 update — filings and holdings
ADBE Q2 2026 update — filings and holdings
INTC Q2 2026: filings, holdings, and macro context
ORCL 2026: filings, holdings, and macro context
AVGO Q3 2026: filings, holdings, and macro context
TSLA Q2 2026: filings, holdings, and macro context
AMZN Q2 2026 update — filings and holdings
Alphabet Q2 2026 beats estimates; $200bn capex guidance raised, Gemini Pro delayed
Alphabet reported Q2 2026 revenue growth exceeding analyst expectations for a 12th consecutive quarter and raised annual capital expenditure guidance to $200 billion, a 100% year-over-year increase in quarterly spending. A delay to the Gemini Pro release was also noted alongside the results.
Tesla fell 13.5% on 23 July; Magnificent Seven shed $767bn combined
Tesla shares fell approximately 13.5% on 23 July 2026, wiping around $200 billion in market capitalisation, after Q2 earnings disclosed weak profit guidance and elevated AI and robotics capex. The Magnificent Seven recorded their largest single-day combined loss since April 2025, shedding $767 billion.
Google fined €890m by EU under Digital Markets Act
The European Commission fined Alphabet's Google €890 million for self-preferencing in Search and blocking alternative payments on Google Play, drawing a tariff threat from the Trump administration.