JPMorgan Cazenove downgraded Rightmove on Tuesday to ‘underweight’ from ‘neutral’ and cut the price target to 493p from 585p as it pointed to higher R&D and opex spend.
Data, analytics, and insights platform GlobalData said in a full-year update on Thursday that after its interim results at the end of July, it sustained robust profitable growth during the second half.
Location data software specialist 1Spatial announced its successful acquisition of several multi-year enterprise contracts on Wednesday, marking a significant step towards solidifying its position across key geographies and concluding the year on a positive note.
The European Commission announced two calls for contributions on Tuesday, focusing on competition within virtual worlds and generative artificial intelligence (AI), particularly Microsoft’s investment in ChatGPT developer OpenAI.