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Sir Keir Starmer is under renewed pressure after a stunning victory by the Green Party in the Gorton and Denton by-election, with Labour trailing in third place behind Reform UK in second.The leftwing Greens comfortably won the key parliamentary by-election in south-east Manchester, in a previously safe Labour seat, with 41 per cent of the vote.Labour’s defeat will weaken the prime minister further, following a bruising start to the year and speculation over his leadership, with many of Starmer’s MPs now looking over their shoulders at a potential Green challenge.The Green candidate, Hannah Spencer, took the seat with 14,980 votes…

While AI demand remains high, CoreWeave’s widening net loss in the fourth quarter is giving investors pause.

The artificial intelligence (AI) market is undergoing a rapid evolution. For the past two years, investor capital has heavily favored trillion-dollar hardware manufacturers and broad, text-based Large Language Models (LLMs). Now, the market is actively searching for the next profitable frontier. Capital is shifting toward specialized, real-world applications that consumers and enterprise businesses interact with directly. Voice-activated, agentic artificial intelligence represents this immediate shift. operates directly at the center of this transition. By carving out a highly specialized niche in conversational intelligence, the enterprise offers a distinct alternative to generic AI platforms. The technology goes beyond simple voice commands, executing…

Analysis-Under siege from politics, central bankers fight back – at a cost

Equities researchers at DA Davidson started coverage on shares of CB Financial Services (NASDAQ:CBFV – Get Free Report) in a note issued to investors on Wednesday, MarketBeat Ratings reports. The firm set a “buy” rating and a $43.00 price target on the bank’s stock. DA Davidson’s price objective would suggest a potential upside of 20.35% from the stock’s current price. A number of other brokerages also recently commented on CBFV. Keefe, Bruyette & Woods lowered their price objective on CB Financial Services from $40.00 to $39.00 and set an “outperform” rating for the company in a research report on Thursday,…

Another week has ended, and it is also the end of the month, which means a bigger batch of Bitcoin and Ether options contracts are expiring while spot markets cool off again. Around 115,500 Bitcoin options contracts will expire on Friday, Feb. 27, with a notional value of roughly $7.8 billion. This event is much larger than usual because it is the end of the month, so there could be a little volatility on spot markets. Crypto markets have seen a little daylight with a mid-week lift, but total capitalization has remained the same as gains are starting to…

The Neutron rocket was expected to have its debut last year. Now, it’s projected to launch at the end of 2026.

Fintech Middle East & AfricaPhilippine officials from the Migrant Workers Office (MWO) and VFS Global formally inaugurated the new Contract Verification Centre (CVC) in Dubai this week. Located within the world’s largest Visa Application Centre in Wafi City, the launch marks a significant milestone in enhancing support services for Overseas Filipino Workers (OFWs) across the UAE.The new service was established through a partnership between VFS Global and DBP Data Centre Inc. (DCI). It is designed to streamline the employment contract verification process by offering OFWs a more accessible, efficient, and technology-enabled experience.Digitising the verification journeyThe Contract Verification Centres, located in…

In the 1960s, France became the third country, after the US and Soviet Union, to independently place a satellite (Astérix) into orbit, and the only country to send an animal into space and – crucially, for Félicette the catstronaut – bring it back alive. A decade later, the Franco-British Concorde flicked passengers across the Atlantic in three and a half hours and the TGV began to propel them through the countryside first at 250km/h (155mph), and then 320km/h. Then, in the late 1980s, the French space agency designed a crewed spaceplane, Hermès, that corrected for the Nasa space shuttle’s vulnerability…

Block said Thursday it’s laying off more than 4,000 employees, or about half of its head count. The stock skyrocketed more than 24% in extended trading. “Today we shared a difficult decision with our team,” Jack Dorsey, Block’s co-founder and CEO, wrote in a letter to shareholders. “We’re reducing Block by nearly half, from over 10,000 people to just under 6,000, which means that over 4,000 people are being asked to leave or entering into consultation.”Block CFO Amrita Ahuja said the job cuts will position the company “for our next phase of long term growth.””We are choosing to shift how…