Andy Burnham, the Prime Minister, stated he communicated to former US President Donald Trump that the UK would maintain a pragmatic stance regarding North Sea oil and gas resources. Burnham emphasised the necessity of utilising these resources given the current economic struggles faced by the populace, directly challenging narratives for an immediate cessation of fossil fuel extraction.
Nvidia, the dominant AI chip manufacturer, reported first-quarter revenue of £60.7 billion and net income of £46 billion, surpassing expectations. However, the company's shares fell by 1.6% in after-hours trading, as investors anticipate increased competition and seek sustained hyper-growth from the world's most valuable company.
Nvidia, a dominant supplier of chips for AI infrastructure, reported first-quarter revenue of £60.7 billion and net income tripling to £45.8 billion. Despite these record figures, the company's shares experienced a 1.6% decline in after-hours trading.
