Shares climb 8% after trading updateFourth-quarter earnings top forecastsFirm says AI demand ?accelerating?Computer hardware and software giant IBM (IBM:NYSE) posted better-than-expected fourth quarter earnings and sales and said it was poised to gain ?a tremendous amount of value? as customers increased their usage of AI (artificial intelligence).IBM shares jumped around $13 or 8% to $187 in afte

The shift from petrol-powered engines to electric vehicles (EVs) is one of the biggest changes any of us are likely to see in our lifetimes. We all know that EVs are the future of day-to-day transportation. They are simpler to manufacture than their internal combustion engine predecessors, allow for the easy integration of driver assistance and other new technologies, and can be refuelled simply a

- Students turning to ChatGPT says Chegg- Virtual Learning sales for Pearson fall 14%- IBM to replace jobs with AIShares in US educational technology firm Chegg (CHGG:NYSE) fell over 40% in pre-market trading at its CEO warned overnight of the impact of Open AI ChatGPT on its homeworking help business.The news had a knock-on effect on UK-listed education publisher Pearson (PSON) which saw its shar

Oil and mining stocks were again lending support to the FTSE 100 index in London early Friday, amid hopes for rising global demand in the year ahead, while there was little to cheer about from two new indicators of the health of the UK economy.The large-cap index opened up 22.01 points, or 0.3%, at 7,769.72. The index is down 0.9% for the week so far. The FTSE 250 was up 13.22 points, or 0.1%, at

Many US stocks have become expensive in recent years and these high ratings make them less appealing in the current market environment which now favours cheaper valuations. Investors needn't panic as there are easy ways to get exposure to more value-style stocks in the US.During the pandemic price to earnings ratios for US growth stocks jumped to 31 times from 22, while those for value rose more m

There are many interesting businesses on the AIM market which fly under the radar as they do not get the same attention as their counterparts on the Main Market. Research coverage by analysts is thin, AIM stocks aren't discussed much in the media, and only fund managers with a mandate to look at small companies might even be aware of their existence.This means there is a big opportunity for invest

City analysts are increasingly reassured that Indian power supplier OPG Power Ventures (OPG:AIM) is back on track. But investors seem less willing to give the benefit of the doubt, possibly creating a valuation anomaly and buying opportunity.The £150m AIM company issued a brief year-end update on 31 May covering the 12 months to 31 March 2017. 'During the year we stuck to our strategic priority o