News

Boris Johnson resigns as Prime Minister

Published

3 years ago

July 7, 2022

British Prime Minister Boris Johnson has resigned as Conservative leader

UK Prime Minister Boris Johnson has resigned as Prime Minister saying “I tried to stay in Downing St because it is my job, my duty and my obligation to do what we promised to do in 2019”.

Mr Johnson says “clearly the will of the parliamentary Conservative Party that there should be a new leader” as he announced his resignation.

Boris Johnson says he is “immensely proud of the achievements of this Government”, from getting Brexit done to getting the UK through the pandemic, and leading the West in standing up to Putin’s aggression in Ukraine.

“The herd has moved and when the herd moves, it moves quickly”
BORIS JOHNSON RESIGNATION SPEECH

The confirmation came shortly after Mr Johnson’s newly appointed Education Secretary Michelle Donelan resigned after just 36 hours in the post, and newly appointed Chancellor Nadhim Zahawi told the prime minister to “go now”.

Defence Secretary Ben Wallace also confirmed he had withdrawn his support for the PM, and earlier, Northern Ireland Secretary Brandon Lewis resigned from his post.

There has been intense pressure on Mr Johnson to quit after more than 50 resignations from all levels of government, and waves of backbenchers appealing for him to go.

The resignation announcement fires the starting gun on what looks set to be a chaotic leadership battle. Foreign Secretary Liz Truss – expected to be a candidate – is cutting short a visit to Indonesia to return to the UK.

Minutes after Mr Johnson apologised, saying appointing Mr Pincher was a “mistake”, Health Secretary Sajid Javid announce his departure, followed swiftly by Chancellor Rishi Sunak.

Keir Starmer threatened to call a Parliamentary confidence vote and try to force a general election if Mr Johnson does not leave immediately.

‘He needs to go completely. None of this nonsense about clinging on for a few months,’ he said.

Ex-No10 chief Dominic Cummings wrote on Twitter: ‘Evict TODAY or he’ll cause CARNAGE, even now he’s playing for time & will try to stay

‘No ‘dignity’, no ‘interim while leadership contest’.

‘Raab shd be interim PM by evening.’

Another former minister, Nick Gibb, said: ‘As well as resigning as Party leader the PM must resign his office.

Mr Johnson has spent the week refusing to resign.

News

AI stocks surge amid market shifts and spending warnings

AI sector drives economic growth; Meta adjusts strategy, Palantir’s valuation sparks questions, and Nvidia leads amid rising competition.

Published

6 hours ago

December 19, 2025

Harvey Vargas

AI sector drives economic growth; Meta adjusts strategy, Palantir’s valuation sparks questions, and Nvidia leads amid rising competition.

The artificial intelligence sector continues to be a major driver of growth for both the U.S. and global economies. Companies at the forefront of AI innovation are influencing market trends and reshaping industries worldwide.

Meta’s stock has rebounded slightly following reports of potential cost-cutting measures and job reductions in its Reality Labs division. Investors are watching closely as the company adjusts its strategy to manage rising expenses and optimize innovation.

Palantir is trading at over 120 times forward sales and 180 times forward earnings, signaling investor confidence but also raising questions about valuation risks. Meanwhile, Nvidia maintains a market cap of $4.2 trillion as a leading AI chip supplier, yet competition is ramping up.

These moves highlight the growing tension between tech giants’ AI ambitions and the practical need to balance profits with heavy R&D spending.

Some analysts, however, warn that rapid growth may not be sustainable, with current levels of AI-related spending potentially overshooting realistic returns.

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#AIStocks #TechInvesting #Nvidia #Meta #Palantir #ArtificialIntelligence #StockMarket #TickerNews

News

AI investments set to surge in 2026 as companies target productivity gains

Analysts forecast $500 billion AI investment by 2026, transforming corporate spending priorities and enhancing economic productivity.

Published

8 hours ago

December 19, 2025

Harvey Vargas

Analysts forecast $500 billion AI investment by 2026, transforming corporate spending priorities and enhancing economic productivity.

Analysts predict that artificial intelligence companies could invest over $500 billion in 2026, signaling a major shift in corporate spending priorities. This surge in capital allocation comes as businesses look to harness AI to drive growth and efficiency across multiple sectors.

Following strong third-quarter earnings, overall capital spending estimates for 2026 have been revised upward. However, investors are becoming more selective, focusing on companies that can clearly demonstrate revenue benefits from their AI investments, separating hype from tangible results.

AI adoption is expected to boost economic productivity, with significant investment already flowing into AI infrastructure such as semiconductors and data centres. The coming year could redefine how companies leverage technology to gain a competitive edge.

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#AIInvestment #TechGrowth #FutureEconomy #DataCenters #Semiconductors #ArtificialIntelligence #ProductivityBoost #CapitalSpending

News

Stocks, AI and the economy: What to expect in 2026

2025’s market turmoil analyzed: AI hype, tariffs, global politics, and Federal Reserve impacts—tune in for expert insights!

Published

8 hours ago

December 19, 2025

Harvey Vargas

2025’s market turmoil analyzed: AI hype, tariffs, global politics, and Federal Reserve impacts—tune in for expert insights!

2025 has been a rollercoaster for investors, with AI hype, tariffs, and global politics shaking up markets. We break down what these trends mean for your portfolio and the risks ahead.

Joining us for insights is Kyle Rodda from Capital.com, who explains how Treasury yields, unemployment data, and inflation readings are shaping investor sentiment. We also dive into what the Federal Reserve’s recent moves could mean for 2026.

From the potential impact of a 43-day government shutdown to payroll numbers and market expectations, this episode gives you the clarity you need to navigate the next year in stocks.

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#StockMarket #Investing2026 #AIStocks #FederalReserve #EconomyWatch #MarketTrends #FinanceNews #TreasuryYields