Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money

69% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

5 Top Stories

Copper Boom Imminent?

Every day, we handpick the 5 Top Stories stock market investors need to know. In 5 minutes, you’ll learn the stocks, CEOs, and money managers moving markets.

Dividend Boost for AZN Shareholders

Ahead of a shareholder vote on whether to raise the salary of CEO Pascal Soriot, AstraZeneca [AZN] has promised to increase its dividend this year. The UK pharma major said it would pay out $3.10 in 2024, 20 cents above the 2023 figure, saying that this underlined “the company’s confidence in its performance and cash generation”. The AZN share price is down more than 8% over the past year.

Copper Boom Imminent?

“You have a lot of renewables because you want to transition and you need to connect those renewables to the grid, and you need to improve the grid and that takes a lot of copper,” Bank of America Head of Global Commodities Francisco Blanch told Bloomberg Television earlier this week. The red metal hit a high of $4.334 in intraday trading Tuesday, its highest since January last year. Leading stocks Antofagasta [ANTO] and Southern Copper [SCCO] have both logged significant gains in recent weeks.

Meta Attempts to Reduce Nvidia Reliance

Meta [META] is to power its artificial intelligence (AI) services using a new homegrown chip, in a move intended to reduce its reliance on Nvidia [NVDA] products. Announced on Wednesday, the chip is the most recent version of the Meta Training and Inference Accelerator, or MTIA. “AI will be our biggest investment area in 2024,” Mark Zuckerberg told investors in October last year.

Can Adobe Catch Up with OpenAI?

The creative software leader [ADBE] is building a database of videos that it will use to train its AI text-to-video generator. The company is offering photographers and artists $120 for videos of people performing simple actions, such as walking, expressing emotions or interacting with objects, Bloomberg reported. OpenAI recently demonstrated its video-generation model Sora, prompting fears that Adobe may be left behind.

iPhone Spyware Attack

Apple [AAPL] has told users in India and 91 other countries that they may be victims of a “mercenary spyware attack”, having discovered that hackers were trying to “remotely compromise the iPhone”, Reuters reported. Elsewhere, the Cupertino company has been urged to take action on Vietnam’s detention of climate experts in a letter signed by more than 60 rights organisations; the country is a core manufacturing hub for Apple.

Disclaimer Past performance is not a reliable indicator of future results.

CMC Markets is an execution-only service provider. The material (whether or not it states any opinions) is for general information purposes only, and does not take into account your personal circumstances or objectives. Nothing in this material is (or should be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by CMC Markets or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person.

The material has not been prepared in accordance with legal requirements designed to promote the independence of investment research. Although we are not specifically prevented from dealing before providing this material, we do not seek to take advantage of the material prior to its dissemination.

CMC Markets does not endorse or offer opinion on the trading strategies used by the author. Their trading strategies do not guarantee any return and CMC Markets shall not be held responsible for any loss that you may incur, either directly or indirectly, arising from any investment based on any information contained herein.

*Tax treatment depends on individual circumstances and can change or may differ in a jurisdiction other than the UK.

Continue reading for FREE

Latest articles