Rightmove Shares Plunge Most on Record on Guidance, AI Spending
NegativeArtificial Intelligence

Rightmove Shares Plunge Most on Record on Guidance, AI Spending
Rightmove Plc's shares have taken a significant hit, plunging the most on record after the company announced that it expects revenue growth to be flat in 2026. This news comes alongside plans to increase investment in artificial intelligence, which has raised concerns among investors about the company's short-term profitability. The situation highlights the challenges faced by the real estate sector in adapting to technological advancements while maintaining financial performance.
— via World Pulse Now AI Editorial System

