Thursday, April 2, 2026
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Tag: Business News

Octopus Energy’s Kraken Hits £6.4bn Valuation Ahead of Split

Kraken Technologies valued at £6.4bn ($9bn) after £750m investment. Will the UK’s next tech giant choose London or New York for its blockbuster IPO?

UK Markets Hit as Global Tech Stock Rout Sparks AI Alarm

Nasdaq loses £586 as AI disruption fears rattle software and chip sectors, hitting UK blue-chips like Rightmove and Sage in a volatile session.

ASML Hits Record $11.5B Profit on AI Boom, Cuts 1,700 Jobs

Tech giant ASML reports record 2025 profits of $11.5B amid AI surge but plans 1,700 job cuts to streamline for 2026 growth. Read the full breakdown here.