Expert views
Commentary submitted by Russ Mould in their own words.
Back to profileUS tech race to go public in full swing as OpenAI plots stock market float
OpenAI’s plans for a 2026 IPO were one of the worst kept secrets on Wall Street.
GSK to buy US lung cancer drug specialist Nuvalent for £8bn
The takeover of US cancer specialist Nuvalent fits with the group’s strategy of focusing on oncology as a key engine of growth for the business.
William Hill owner Evoke set for £243.1m takeover by Bally’s Intralot
The deal looks chunky with a massive premium to market price just before Evoke effectively put itself up for sale.
Currys hires boss of Nordics business to take over as chief
There was always going to be big shoes to fill when he left Currys.
Turnaround plan drives Debenhams back to growth
It has been a long hard slog for Boohoo’s owner Debenhams Group as it has sought to recover from its post-pandemic malaise, but the latest update suggests recovery efforts are beginning to bear fruit.
Anthropic IPO and Alphabet stock offering reminiscent of dot.com bubble – expert
Google parent Alphabet, along with the likes of Nvidia and Amazon, has a significant stake in Anthropic.
British American Tobacco hikes sales growth outlook for smokeless ranges
British American Tobacco’s latest update could cause a few nightmares as a chunk of its business isn’t as good as expected.
Asda strikes deal with Ocado to upgrade online shopping
For Asda, this deal may give it some heft to take on Tesco and Sainsbury’s at a time when its position in the UK groceries market is looking fragile
SSE reports dip in profits amid multibillion-pound investment
If the UK is to reduce its reliance on increasingly volatile global energy markets then SSE may play a role.
Pets at Home profits slide amid price cuts
There wasn’t too much to get the market’s tail wagging in Pets at Home’s latest results.
B&Q owner says sales slow as ‘late start’ to spring holds back shoppers
Like-for-like sales did slide in its first quarter to reflect the soggy and chilly start to spring, but there were some bright spots.
M&S profits slide after cyber attack, but retailer hails ‘progress’
The consumer backdrop may be unhelpful, but Marks seems to be doing all that is within its compass to keep driving the business forward.