News

New research reveals that upcoming changes to inheritance tax rules could lead to the loss of over 200,000 jobs in family-run businesses and farms, with the sector potentially losing £14.4 billion from the economy over the current parliament. Family Business UK is calling for a full consultation with ministers to explore more targeted reforms that balance the need for revenue with the imperative to support enterprise and regional growth.

Apple is reportedly considering adding cameras and visual intelligence capabilities to its smartwatches, marking its entry into the AI wearables market. This move could potentially revolutionize the way users interact with their environment, making technology more intuitive and integrated into daily life.

The top ten performing large-cap stocks last week were driven by a variety of factors, including FDA approvals, new partnerships, strong financial results, and positive analyst sentiment. These gains highlight the diverse factors that can influence market performance and the importance of considering these factors when making investment decisions.

Canadian Prime Minister Mark Carney has called for a snap election on April 28th, 2024, in response to President Donald Trump's recent tariffs on Canadian goods. Carney, who recently took office following Justin Trudeau's resignation, emphasized the need to strengthen Canada's economy and address the impact of the tariffs.

Nvidia CEO Jensen Huang's humorous comment about the rapid obsolescence of AI chips has raised concerns for major clients like Amazon, Microsoft, and Google, as the faster depreciation of these assets could potentially impact their earnings. This situation underscores the challenges faced by tech giants in keeping up with the fast-paced advancement of technology and the need for strategic planning in managing their resources.