Property and construction software firm Eleco (ELCO) has moved to strengthen its position in project portfolio management (PPM) software for the built environment. The £122 million small cap has acquired UK-based SaaS (software-as-a-service) provider Kivue in a deal worth roughly £2.3 million. The AIM-listed software group provides digital solutions across the full building lifecycle—from project estimation and management to BIM, visualisation and property management. It said the deal will expand its capabilities in enterprise-level portfolio oversight and governance. The acquisition will be funded through a combination of cash and newly issued equity. Additionally, 337,363 new shares will be issued as…

In our latest podcast, Sharesify’s Steven Frazer and James Crux reflect on a bumpy old week for major stock markets. Steve kicks things off by addressing the big talking point – AI capex. This follows shock spending hikes from Amazon (AMZN) and Alphabet (GOOG). Steve reveals the staggering combined cost that major firms expect to lavish on AI capex wars this year. James then discusses Citroen, Fiat and Chrysler car maker Stellantis (STLAM), following the company’s massive €22 billion asset write-down. He explains how that will impact income seekers particularly badly. James also reveals the diverging paths of weight-loss drug…

Amazon (AMZN) ignited a sharp market backlash after the close Thursday after projecting $200 billion in capital expenditures for 2026. It’s a gobsmacking figure that dwarfs Wall Street’s consensus expectation of around $146 billion. Investors reacted as expected given the recent push back against lavish AI investment, the stock plunging more than 11% in savage after‑hours trading. However, that S&P 500 and Nasdaq Composite futures are pointing to a relatively calm reaction when Wall Street reopens later today, offers comfort after both indexes fell sharply yesterday, -1.23% and -1.59% respectively. Earnings strong but overshadowed The company’s quarterly performance was solid.…

Alphabet delivered a strong set of quarterly results, comfortably beating Wall Street expectations on both revenue and earnings. However, the earnings beat was overshadowed by massive AI capex plans, which has become the sector’s dominant narrative for investors concerned by the escalating cost of competing in the AI arms race. The stock traded around 2.5% lower in US pre-market activity on Thursday following volatile extended-hours trading, highlighting market unease around the scale of future spending despite otherwise robust fundamentals. In fact, strong Alphabet earnings beat overshadowed by massive AI capex plans was widely discussed among analysts following the results. Alphabet…

One-time payments darling PayPal (PYPL) saw its stock tumble to an 8-year low after the company announced the shock departure of CEO Alex Chriss. Chriss, who served roughly two and a half years in the top job, was shown the door. This decision came amid growing concerns about execution, slowing growth, and intensifying competition in digital payments. The announcement caught markets completely off guard and sent shockwaves through the $39.5 billion firm’s shareholder base. The shares dropped more than 20% following the announcement. This extended a steep decline that has pushed the stock to multi‑year lows. Chriss will be replaced…

Wall Street’s long-running unease toward software stocks has intensified into broad capitulation. Investors rush to exit the sector amid mounting fears that AI will erode traditional business models and pricing power. The main averages on Wall Street slumped yesterday, dragged down by AI-darlings Nvidia (NVDA) and Microsoft (MSFT), which both declined by nearly 3%. Sentiment around software stocks has recently been dour. Investors have been fretting over competition from new AI models on the sector. Claude’s AI claws The latest bout of anxiety was triggered after AI startup Anthropic unveiled a productivity tool for in-house legal teams. This raised concerns that…

In our latest podcast, Sharesify’s Steven Frazer and Ian Conway are joined by long-time friend and colleague James Crux, the latest member of the Sharesify team. The chaps kick-off with a quick spin through Elon Musk’s faster than speeding bullet SpaceX/xAI merger. On Friday it was speculation, by Monday the deal was signed and sealed, although what this might mean for Tesla remains to be seen. Markets have found a more stable footing after a bumpy week or so, pepped up by more firm earnings both over here and across the pond, with AI darling Palantir (PLTR) catching Steve’s eye,…

News that memory chipmaker SK Hynix (000660) stock has jumped 23% in a week has attracted considerable attention from investors. Behind the scenes, speculation has been running wild that the Icheon-based business has been making striking progress in Nvidia’s (NVDA) qualification process for its next‑generation HBM4 memory, or high bandwidth memory. Furthermore, SK Hynix, industry gossip says, could be close to mass production later in 2026. Crucially, the South Korean chipmaker’s rapid development puts it firmly in the frame to supply Nvidia with HBM4 modules for the US chip giant’s next generation ‘Rubin’ GPU platform launch. Rubin was unveiled at…

Investors are getting plenty of bang for their buck from AI hot stock Palantir Technologies (PLTR). The stock has surged 900% in two years, 77% in the past 12 months, as revenues and earnings spiked, and there’s more to come, judging by the market mood music. Notably, Stock jumps 11% in pre-market US trading, which has drawn further attention to Palantir’s performance. The stock jumped 11% in pre-market US trading on Tuesday after the data analytics specialist delivered a strong Q4 earnings beat and promised more of the same for 2026. It crucially underscores accelerating demand for its AI platforms…

Robinhood (HOOD) UK has announced the launch of a stocks & shares ISA this week. This marks a major expansion of its UK retail investing offering. The move represents a clear signal that the US-based broker wants to compete directly with established UK platforms, such as Hargreaves Lansdown, AJ Bell (AJB) and Interactive Investor, owned by Abrdn (ABDN). The new ISA product mirrors Robinhood’s low-cost model, featuring zero platform fees, zero trading commissions and a foreign exchange fee of 0.10% per transaction. To incentivise early adoption, the company is also offering a 2% cash bonus on eligible contributions made before…