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Rightmove Shares Plunge 28% Amid AI Investment Concerns

11/8/2025

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Summary

Story summary

Shares of Rightmove Plc fell as much as 28% on November 7, 2025 after revising its profit growth forecast downward due to investments in artificial intelligence.
The firm now projects operating profit growth of 3%–5% for 2026, down from 9%.
Rightmove Plc Chief Executive Officer Johan Svanstrom said AI is central to the company's future strategy.
Analysts question the sustainability of such investments amid concerns about an AI bubble.

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Story summary

Shares of Rightmove Plc fell as much as 28% on November 7, 2025 after revising its profit growth forecast downward due to investments in artificial intelligence.
The firm now projects operating profit growth of 3%–5% for 2026, down from 9%.
Rightmove Plc Chief Executive Officer Johan Svanstrom said AI is central to the company's future strategy.
Analysts question the sustainability of such investments amid concerns about an AI bubble.