MARKET REPORT: Meta sheds £130bn value after AI spending fears
Shares in Meta, which owns Facebook, Instagram and Whats App, fell 11.1% in New York after it said expenses would be higher than previously forecast.
Source: thisismoney.co.uk
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Morning Coffee – the Goldman partner who couldn't work with top performers. The world's craziest trillion dollar scavenger hunt
Goldman Sachs' Japan office had some interesting characters.
Source: efinancialcareers.com
Boeing burns through £1bn a month to contain 737 safety crisis
Boeing forked out £3.1bn in the first three months of the year as it fought for survival after a panel blew off the side of a 737 Max during a flight in January.
Source: thisismoney.co.uk
Schroders AUM ticks up in Q1 but misses sell-side analyst forecasts
Schroders has reported an uptick in assets under management in the first quarter of this year, but fell short of sell-side analyst expectations.
Source: investmentweek.co.uk
Syz Group boosts net profit by 16% in 2023 full-year results
Assets under management sit at CHF 23.1bn
Source: portfolio-adviser.com