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Finance & Markets

Healey Raises UK Banks Tax, Vows to Keep Finances Stable

Chancellor of the Exchequer John Healey pledged fiscal discipline in the face of harsh global economic conditions as he delivered the first budget of Andy Burnham’s new Labour administration. His measures included a plan to impose an additional 3% tax on banks, increasing the existing surcharge to 6%. Bloomberg's Caroline Hepker reports from Westminster. (Source: Bloomberg)

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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3 "Magnificent Seven" Stocks to Buy Hand Over Fist in November

These companies have different AI strategies, but all three could be massive AI winners over the long run.

  • Nvidia's revenue surged 106% year-over-year to $96.2 billion
  • Meta's Muse AI agent has 10 million users, with potential monetization
  • Amazon's AWS cloud business grew fastest in 18 quarters, fueled by AI

Why Enphase Energy Stock Crashed on Wednesday

Enphase results bode poorly for solar stocks.

  • Enphase Energy stock drops 15.5% after earnings miss
  • Earnings per share at $0.41, below expected $0.51
  • Soft residential solar demand in U.S. cited as cause

More from Wednesday 28 October →