1. FTSE 100 closes above 8300 for first time
The FTSE 100 ended Tuesday's session over 100 points higher at a new record closing high of 8,313.67.
2. BP profits fall, seeks $2bn in cost savings
BP PLC (LSE:BP.) reported a profit of $2.3 billion attributable to shareholders in the first quarter, a significant decrease from $8.2 billion in the same period last year.
3. Apple developing AI data centre chips to rival NVIDIA
Codenamed Project ACDC, the technology giant is said to be designing the chips to run AI models.
4. Octopus Energy valued above £7bn after shareholders up stakes
Generation Investment Management and Canada Pension Plan Investment Board have recently spent £300 million in upping their stakes in the UK’s largest electricity supplier, Sky News-cited sources said on Tuesday.
5. Retail sales disappoint due to dismal weather, early Easter
Retail sales in the UK dropped 4.4% on a like-for-like basis in April from a year ago, far below expectations for a 1.6% growth and the worst reading since November 2019.