Rightmove shares plummet over AI investment plans

Rightmove's shares plummet after announcing plans to invest in AI, with Chief Executive Johan Svanstrom highlighting AI's importance to the company's future. The property listing website plans to invest £60m in AI over three years to boost revenue growth by more than 10% by 2030. Despite projections of lower profit growth in 2026, Rightmove aims for its AI investment to lead to a stronger, higher-growth business in the long run.