Image source: Getty Images The Glencore (LSE: GLEN) share price has surged in recent months, making it one of the top performers in the FTSE 100. With copper prices up 20% over the past year, can strong metals demand outweigh ongoing weakness in coal? Australian coal While many rivals are exiting coal, the miner has doubled down, even acquiring Teck Resources’ steelmaking coal business last year. Yet the strategy is under serious pressure. Benchmark Newcastle coal prices are down 20%, and hard coking coal has fallen by a third. Australia, where it has major operations, has felt the impact the…
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Image source: Getty Images The Nvidia (NASDAQ:NVDA) share price ended Wednesday (19 November) up 2.8% in anticipation of third-quarter results. And it’s added another 5% in pre-market trading by the time of writing, after sales of Blackwell chips went “off the charts“. That’s in the words of CEO Jensen Huang, who added that “cloud GPUs are sold out“. Huang also said: “We’ve entered the virtuous cycle of AI. The AI ecosystem is scaling fast — with more new foundation model makers, more AI startups, across more industries, and in more countries. AI is going everywhere, doing everything, all at once.”…
Image source: Getty Images Is the stock market going to crash, triggered by an AI bubble bursting? Yesterday (18 November), even Sundar Pichai, CEO of Alphabet (NASDAQ: GOOG) and its subsidiary Google, got in on the question via a BBC interview. Dare I mention that old dotcom boom and bust again? I know oldies like me keep banging on about it. But if we don’t learn the lessons of the past, we’re sure to repeat them, right? Speaking to BBC News, Pichai said: “We can look back at the internet right now. There was clearly a lot of excess investment,…
Editor’s note: this article originally appeared on Urban Wire and is republished with permission. Every year, the federal government provides more than $100 billion in transportation funding for states, cities, and towns to maintain and improve their streets, highways, transit systems, and railways. But the Highway Trust Fund, which the government uses to fund those investments, is running out of money. Now, Congress is discussing how to reauthorize various transportation programs, given that financial crisis.In recent days, the Trump administration has made its preferences known. The administration’s proposal to address the growing gap between trust fund revenues and federal spending is to reduce spending…
Image source: Getty Images AI may be the biggest story around, but FTSE 100 companies as a collective aren’t nearly as involved in the tech and AI space as their counterparts in the S&P 500. Not that this is a bad thing. While this may have led to outperformance of US tech stocks in recent years, concerns are emerging that their tremendous share price appreciation may have been overdone, and the bubble could burst. I think it might be worth considering some Footsie shares that are genuinely good long-term investments as an alternative. The AI tech bubble “There are elements…
Image source: Getty Images After a sharp dip at the end of last week, the UK stock market is stabilising. The UK’s flagship index, the FTSE 100, slipped to 9,698 points on 14 November after falling around 3% throughout the week. Earlier in the week, it had climbed to record levels near 10,000 points. So what’s really going on with the stock market right now? And more importantly, where might it head in 2026? What experts are saying about a potential crash Goldman Sachs CEO David Solomon recently suggested that investors shouldn’t be surprised if there’s a market pullback within…
Image source: Getty Images Whenever I write about the British American Tobacco (LSE:BATS) share price, I usually conclude by saying that alternatives to traditional cigarettes are likely to be less profitable and that, over the long term, the group’s earnings — and therefore its dividend — are likely to decline. Against this backdrop, its share price is probably going to suffer. But there’s no sign of this yet. Since November 2024, it’s up 43%. Compared to November 2023, it’s risen 63%. And the group’s dividend continues to grow. In 2024, it was 12% higher than it was four years earlier.…
Image source: Getty Images I already own a handful of UK stocks in my ISA that have been paying me regular dividends. Three of them — HSBC (LSE:HSBA), Games Workshop and Aviva — have also thrashed the market over the past few years. But for fun, I asked ChatGPT for a great UK portfolio that could throw off a grand a month in passive income. Here’s what the AI assistant came up with. The portfolio To pull in £12,000 per year, I could aim for a £200k ISA with a 6% yield. The three “bedrock” names that ChatGPT gave me…
Image source: Getty Images It has been chalk and cheese for the FTSE 100 and FTSE 250 so far this year. While the blue-chip index has powered 17% higher, the latter has laboured, rising just 4.4%. In some ways, this is understandable. FTSE 250 firms are far more exposed to the UK economy, which has hardly been firing on all cylinders for, well, seemingly forever now. As such, investor interest in UK mid-caps as a category remains weak. However, sentiment for individual firms can quickly change. I’ve seen this with a couple of turnaround FTSE 250 shares I’ve highlighted this…
Image source: Getty Images Is the stock market going to crash, triggered by an AI bubble bursting? Yesterday (18 November), even Sundar Pichai, CEO of Alphabet (NASDAQ: GOOG) and its subsidiary Google, got in on the question via a BBC interview. Dare I mention that old dotcom boom and bust again? I know oldies like me keep banging on about it. But if we don’t learn the lessons of the past, we’re sure to repeat them, right? Speaking to BBC News, Pichai said: “We can look back at the internet right now. There was clearly a lot of excess investment,…