The stark contrast between the excitement surrounding everything AI and the depressed state of the biotechnology sector tells a lot about the current polarisation of investor sentiment. Putting the numbers into context, the total value of the biotechnology industry is a mere 'drop in the ocean' $1.5 trillion compared with the $16 billion to $18 trillion market capitalisation of the Magnificent...

Stocks in London were mostly in the red at Thursday midday, as the Bank of England left its key rates unchanged at 4.25%. Quilter analyst Lindsay James said: 'Events of recent weeks means all hopes of the Bank of England moving faster to cut interest rates have been extinguished. As such, it comes as very little surprise that the Monetary Policy Committee has chosen to hold rates at 4.25%....