Google has initiated a new round of voluntary buyouts aimed at reducing headcount across several major divisions in the United States, including its knowledge and information unit, central engineering, marketing, research, and communications teams. The move is part of Google’s ongoing strategy to manage workforce costs while reallocating resources toward artificial intelligence infrastructure and other business-critical areas. The voluntary exit program (VEP), confirmed by the company,
Google has initiated a new round of voluntary buyouts aimed at reducing headcount across several major divisions in the United States, including its knowledge and information unit, central engineering, marketing, research, and communications teams. The move is part of Google’s ongoing strategy to manage workforce costs while reallocating resources toward artificial intelligence infrastructure and other business-critical areas. The voluntary exit program (VEP), confirmed by the company,
The world’s largest sovereign wealth fund, Norges Bank Investment Management (NBIM), is set to submit a formal recommendation to the European Commission this week, calling for streamlined and improved regulation across the EU’s capital markets. The fund argues that the European Union urgently needs simpler and more unified financial market regulation to address long-standing inefficiencies and foster increased investment. In a letter scheduled to be delivered on Tuesday, NBIM unde
The world’s largest sovereign wealth fund, Norges Bank Investment Management (NBIM), is set to submit a formal recommendation to the European Commission this week, calling for streamlined and improved regulation across the EU’s capital markets. The fund argues that the European Union urgently needs simpler and more unified financial market regulation to address long-standing inefficiencies and foster increased investment. In a letter scheduled to be delivered on Tuesday, NBIM unde
The cost of tariffs remains one of the most contentious and difficult aspects of international trade policy. While politically charged, the real impact on American consumers can be analyzed by modeling how the proposed tariffs influence retail prices of everyday goods. A detailed analysis by retail consultancy AlixPartners shows just how significantly shoppers might feel the pinch under former President Donald Trump’s proposed and existing tariffs, particularly when it comes to commonly
The cost of tariffs remains one of the most contentious and difficult aspects of international trade policy. While politically charged, the real impact on American consumers can be analyzed by modeling how the proposed tariffs influence retail prices of everyday goods. A detailed analysis by retail consultancy AlixPartners shows just how significantly shoppers might feel the pinch under former President Donald Trump’s proposed and existing tariffs, particularly when it comes to commonly
GameStop has officially entered the cryptocurrency space with a significant move, announcing the purchase of 4,710 bitcoins valued at approximately $512.6 million. This marks the video game retailer’s first major investment in bitcoin, aligning it with a trend pioneered by software firm MicroStrategy, which became well-known for amassing large amounts of the digital currency on its balance sheet. The announcement was made on Wednesday when bitcoin was trading at $108,837,
GameStop has officially entered the cryptocurrency space with a significant move, announcing the purchase of 4,710 bitcoins valued at approximately $512.6 million. This marks the video game retailer’s first major investment in bitcoin, aligning it with a trend pioneered by software firm MicroStrategy, which became well-known for amassing large amounts of the digital currency on its balance sheet. The announcement was made on Wednesday when bitcoin was trading at $108,837,
In a decision that briefly stabilized markets while leaving fundamental uncertainties unresolved, U.S. President Donald Trump announced a delay in the implementation of proposed 50% tariffs on European Union goods. Originally set to begin on June 1, the tariffs are now scheduled to take effect on July 9. The delay came after a conversation between Trump and EU Commission President Ursula von der Leyen, who expressed the EU’s readiness to accelerate trade negotiations and reach a fair deal.
In a decision that briefly stabilized markets while leaving fundamental uncertainties unresolved, U.S. President Donald Trump announced a delay in the implementation of proposed 50% tariffs on European Union goods. Originally set to begin on June 1, the tariffs are now scheduled to take effect on July 9. The delay came after a conversation between Trump and EU Commission President Ursula von der Leyen, who expressed the EU’s readiness to accelerate trade negotiations and reach a fair deal.
Clean energy companies faced a significant sell-off after a new tax bill proposed in the United States triggered deep concerns across the renewable energy sector. Stocks of major US-based renewable energy firms such as Sunrun, the largest rooftop solar company in the country, and NextEra Energy, the leading developer of solar and wind energy projects, recorded sharp declines in a single trading session. Losses ranged between 7% and an alarming 37%, shaking investor confidence and dragging dow
Clean energy companies faced a significant sell-off after a new tax bill proposed in the United States triggered deep concerns across the renewable energy sector. Stocks of major US-based renewable energy firms such as Sunrun, the largest rooftop solar company in the country, and NextEra Energy, the leading developer of solar and wind energy projects, recorded sharp declines in a single trading session. Losses ranged between 7% and an alarming 37%, shaking investor confidence and dragging dow
U.S. equities concluded last week with impressive gains, buoyed by a 90-day tariff truce between the United States and China. Technology stocks led the way, with major players such as Tesla and Nvidia delivering standout performances. The agreement to pause tariff increases sparked short-term optimism across markets, especially in the tech-heavy sectors. However, this momentum now faces a fresh challenge following a downgrade of the U.S. credit rating. Moody’s lowered the na
U.S. equities concluded last week with impressive gains, buoyed by a 90-day tariff truce between the United States and China. Technology stocks led the way, with major players such as Tesla and Nvidia delivering standout performances. The agreement to pause tariff increases sparked short-term optimism across markets, especially in the tech-heavy sectors. However, this momentum now faces a fresh challenge following a downgrade of the U.S. credit rating. Moody’s lowered the na
Gold prices fell significantly on Monday as investor confidence rebounded in response to a temporary agreement between the United States and China to ease tariffs. The development, seen as a step toward de-escalating prolonged trade tensions, prompted a shift in global risk sentiment and reduced demand for safe-haven assets like gold. Spot gold dropped by 3% to $3,225.28 per ounce in afternoon trading, moving sharply away from the record high of $3,500.05 it reached just weeks ago. Meanwhile, U.
Gold prices fell significantly on Monday as investor confidence rebounded in response to a temporary agreement between the United States and China to ease tariffs. The development, seen as a step toward de-escalating prolonged trade tensions, prompted a shift in global risk sentiment and reduced demand for safe-haven assets like gold. Spot gold dropped by 3% to $3,225.28 per ounce in afternoon trading, moving sharply away from the record high of $3,500.05 it reached just weeks ago. Meanwhile, U.
Stock futures rose sharply on Thursday following an announcement from President Donald Trump that the United States and the United Kingdom have finalized a major trade agreement. This development sparked enthusiasm across Wall Street, especially in technology stocks, and contributed to a strong premarket rally. Futures tied to the Dow Jones Industrial Average gained 303 points, a 0.7% increase, while futures on the S&P 500 and Nasdaq
Stock futures rose sharply on Thursday following an announcement from President Donald Trump that the United States and the United Kingdom have finalized a major trade agreement. This development sparked enthusiasm across Wall Street, especially in technology stocks, and contributed to a strong premarket rally. Futures tied to the Dow Jones Industrial Average gained 303 points, a 0.7% increase, while futures on the S&P 500 and Nasdaq
In the first quarter of 2025, Ford Motor Company reported earnings that surpassed Wall Street expectations, yet the automaker suspended its full-year financial guidance due to the anticipated impact of newly imposed tariffs. The company estimates that these tariffs will result in a $2.5 billion cost for the year, with a net adverse effect of approximately $1.5 billion on its adjusted earnings before interest and taxes (EBIT) . Ford's decision to withdraw its 2025 guidance r
In the first quarter of 2025, Ford Motor Company reported earnings that surpassed Wall Street expectations, yet the automaker suspended its full-year financial guidance due to the anticipated impact of newly imposed tariffs. The company estimates that these tariffs will result in a $2.5 billion cost for the year, with a net adverse effect of approximately $1.5 billion on its adjusted earnings before interest and taxes (EBIT) . Ford's decision to withdraw its 2025 guidance r
Emerging markets in Southeast Asia are increasingly asserting their autonomy amid the growing intensity of the US-China trade war. As tensions between the two global powers escalate, nations like Vietnam, Malaysia, and Cambodia are finding ways to shield their economies by enhancing intra-regional cooperation and embracing diversified strategies. While the pressure to align with either the US or China is immense, these nations are pursuing a third path—supporting their own regional i
Emerging markets in Southeast Asia are increasingly asserting their autonomy amid the growing intensity of the US-China trade war. As tensions between the two global powers escalate, nations like Vietnam, Malaysia, and Cambodia are finding ways to shield their economies by enhancing intra-regional cooperation and embracing diversified strategies. While the pressure to align with either the US or China is immense, these nations are pursuing a third path—supporting their own regional i
Asia-Pacific markets traded mixed on Tuesday, reflecting investor caution after a turbulent session on Wall Street. The instability stemmed from renewed political pressure by U.S. President Donald Trump on Federal Reserve Chairman Jerome Powell. Trump's latest comments criticizing Powell’s leadership and calling for lower interest rates reverberated through global markets, reigniting concerns about central bank independence and its role in shaping monetary policy.
Asia-Pacific markets traded mixed on Tuesday, reflecting investor caution after a turbulent session on Wall Street. The instability stemmed from renewed political pressure by U.S. President Donald Trump on Federal Reserve Chairman Jerome Powell. Trump's latest comments criticizing Powell’s leadership and calling for lower interest rates reverberated through global markets, reigniting concerns about central bank independence and its role in shaping monetary policy.
Zerodha CEO Nithin Kamath has sounded a timely caution amid ongoing market volatility, warning that a sharp and prolonged crash in the Indian stock market could result in long-lasting consequences for investor sentiment. Drawing parallels with the aftermath of the 2008 global financial crisis, Kamath posted on social media platform X, stating, “By the way, if markets fall sharply, investors might stay out of the market for years—just like they did after 2008.” Kama
Zerodha CEO Nithin Kamath has sounded a timely caution amid ongoing market volatility, warning that a sharp and prolonged crash in the Indian stock market could result in long-lasting consequences for investor sentiment. Drawing parallels with the aftermath of the 2008 global financial crisis, Kamath posted on social media platform X, stating, “By the way, if markets fall sharply, investors might stay out of the market for years—just like they did after 2008.” Kama
As global markets reeled under the pressure of a sudden trade war triggered by sweeping new tariffs from U.S. President Donald Trump, investor Warren Buffett not only emerged unscathed—but significantly richer. According to the Bloomberg Billionaires Index, Buffett was the only one among the world’s 10 richest individuals to post gains as others saw billions wiped from their fortunes. The tariff announcement, targeting 184 countries, sent global stocks plummeting, resulting in a $
As global markets reeled under the pressure of a sudden trade war triggered by sweeping new tariffs from U.S. President Donald Trump, investor Warren Buffett not only emerged unscathed—but significantly richer. According to the Bloomberg Billionaires Index, Buffett was the only one among the world’s 10 richest individuals to post gains as others saw billions wiped from their fortunes. The tariff announcement, targeting 184 countries, sent global stocks plummeting, resulting in a $
India’s wealthiest individuals faced a massive financial hit in Monday’s stock market crash, which saw billions of dollars wiped off global markets. Along with retail investors and institutional players, some of the country’s most prominent business leaders—Mukesh Ambani, Gautam Adani, Savitri Jindal & family, and Shiv Nadar—collectively lost over $10 billion in personal wealth. The losses were reported based on Forbes’ real-time billionaire tracker, which
India’s wealthiest individuals faced a massive financial hit in Monday’s stock market crash, which saw billions of dollars wiped off global markets. Along with retail investors and institutional players, some of the country’s most prominent business leaders—Mukesh Ambani, Gautam Adani, Savitri Jindal & family, and Shiv Nadar—collectively lost over $10 billion in personal wealth. The losses were reported based on Forbes’ real-time billionaire tracker, which
Zerodha CEO Nithin Kamath’s swift response to a customer’s compliance concern has earned widespread praise, demonstrating how the brokerage firm’s proactive customer service strategy drives positive outcomes. The incident unfolded when Bengaluru-based product manager Sachin Jha was compelled to close his Zerodha account after his wife joined a global investment bank. The bank classified Zerodha as an “untrusted” platform due to its lack of physical branches, alig
Zerodha CEO Nithin Kamath’s swift response to a customer’s compliance concern has earned widespread praise, demonstrating how the brokerage firm’s proactive customer service strategy drives positive outcomes. The incident unfolded when Bengaluru-based product manager Sachin Jha was compelled to close his Zerodha account after his wife joined a global investment bank. The bank classified Zerodha as an “untrusted” platform due to its lack of physical branches, alig
The aggressive trade policies of US President Donald Trump have sent shockwaves through global markets, with Wall Street facing a significant downturn. Major indices such as the S&P 500, Nasdaq, and Dow Jones witnessed sharp declines in the overnight trading session. The financial turbulence erased a staggering $4 trillion from the S&P 500's peak just last month. Impact on Major Tech Stocks The recent sell-off disproportionately
The aggressive trade policies of US President Donald Trump have sent shockwaves through global markets, with Wall Street facing a significant downturn. Major indices such as the S&P 500, Nasdaq, and Dow Jones witnessed sharp declines in the overnight trading session. The financial turbulence erased a staggering $4 trillion from the S&P 500's peak just last month. Impact on Major Tech Stocks The recent sell-off disproportionately
The Indian stock market continues to remain volatile, leaving investors uncertain about where to invest their money. After facing a three-week losing streak, the market started positively on Monday, but gains were short-lived as Sensex and Nifty slipped into negative territory in the afternoon session. Despite this recent setback, the markets witnessed some positivity last week, marking the best weekly performance in 2025 so far. Midcap and smallcap stocks outperformed broader indices, with t
The Indian stock market continues to remain volatile, leaving investors uncertain about where to invest their money. After facing a three-week losing streak, the market started positively on Monday, but gains were short-lived as Sensex and Nifty slipped into negative territory in the afternoon session. Despite this recent setback, the markets witnessed some positivity last week, marking the best weekly performance in 2025 so far. Midcap and smallcap stocks outperformed broader indices, with t
The stock market has been experiencing a significant downturn, declining nearly 15% since reaching an all-time high in September. As volatility persists, investors are seeking strategies to make informed investment choices and minimize risk. Factors Contributing to the Market Decline Several key factors have contributed to the downward trend in the stock market. One of the most recent triggers has been the announcement of fresh import tarif
The stock market has been experiencing a significant downturn, declining nearly 15% since reaching an all-time high in September. As volatility persists, investors are seeking strategies to make informed investment choices and minimize risk. Factors Contributing to the Market Decline Several key factors have contributed to the downward trend in the stock market. One of the most recent triggers has been the announcement of fresh import tarif
The Indian stock market is going through one of its worst phases in nearly three decades, with the Nifty 50 slipping 15% from its September peak. This marks its longest losing streak in 29 years, causing investor wealth to shrink by more than ₹90 lakh crore. On Friday, Nifty lost over 400 points, and the Sensex plunged by 1,400 points, sending shockwaves through Dalal Street.Investors are increasingly concerned about foreign institutional investor (FII) outflows, small- and mid-cap stock de
The Indian stock market is going through one of its worst phases in nearly three decades, with the Nifty 50 slipping 15% from its September peak. This marks its longest losing streak in 29 years, causing investor wealth to shrink by more than ₹90 lakh crore. On Friday, Nifty lost over 400 points, and the Sensex plunged by 1,400 points, sending shockwaves through Dalal Street.Investors are increasingly concerned about foreign institutional investor (FII) outflows, small- and mid-cap stock de