SoftBank shares dive after Nvidia sale puts AI valuations in spotlight – business live

Rolling coverage of the latest economic and financial news, as investors ponder AI valuations and SoftBank’s growing funding demands for OpenAIUK government borrowing costs are rising, a little, this morning as bond traders ponder the latest political turmoil in Westminster.The cost of borrowing for a decade, and for 30 years, has risen, following reports that prime minister Keir Starmer’s allies fear he could face a leadership challenge in the wake of this month’s budget. Continue reading...

SoftBank shares dive after Nvidia sale puts AI valuations in spotlight – business live

Rolling coverage of the latest economic and financial news, as investors ponder AI valuations and SoftBank’s growing funding demands for OpenAI

UK government borrowing costs are rising, a little, this morning as bond traders ponder the latest political turmoil in Westminster.

The cost of borrowing for a decade, and for 30 years, has risen, following reports that prime minister Keir Starmer’s allies fear he could face a leadership challenge in the wake of this month’s budget.

Continue reading...