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Indian consumers turn defensive as job fears rise, economic confidence fallsIndian consumers are increasingly concerned about jobs and the economy. This is leading many to reduce spending on non-essentials like dini...
Eternal vs Swiggy: Quick commerce giants crash up to 32% in 2026 so far. Should you buy now?Shares of Eternal and Swiggy have fallen sharply in 2026 so far, down about 17% and 32%, amid inflation concerns, potential AI-led job loss...
Rapido's new backer; Blinkit gets funding boostAravind Sanka's Rapido has added a new investor to its ongoing $600 million round. This and more in today's ETtech Top 5.
200,000 bank job cuts: After tech industry shake-up, Morgan Stanley issues major warning as AI targets another major sectorAfter the tech industry, another sector banking is at the risk of losing lakhs of jobs due to digitalisation and AI. According to a Morgan ...
What is the K-shaped economy worrying Wall Street, and should you be concerned? Here’s what to knowK-shaped economy: America's economy shows a K-shaped divide. Wealthy households continue spending, boosting services and jobs. Poorer consu...
Is Oracle facing headwinds? After layoffs, its 4-decade veteran Chief Security Officer Mary Ann Davidson departsOracle Chief Security Officer Mary Ann Davidson steps down: Oracle Corp. witnesses the departure of its long-standing Chief Security Office...
Trump mocked his clothes last time — now Zelensky’s bringing a suit to the Oval officeVolodymyr Zelensky suit: Volodymyr Zelensky will meet Donald Trump in the Oval Office. He will wear a 'suit-style' jacket. This is a change...
SoFi Tech stock jumps 7% as it relaunches crypto investing and doubles down on blockchainSoFi Technologies stock witnessed a surge following its announcement of re-entering crypto investment and blockchain technology. The stock ...
Meesho's order spike; Zomato takes a dipMeesho's order volumes increased in the nine months ending December 2024, per its annual report. This and more in today's ETtech Top 5.
Alphabet's Q3 revenue growth likely to slow as competition pressures Search, YouTubeThe slowdown in its core business is expected to overshadow AI-driven gains at its cloud-computing business in the third quarter. This quar...
Conservative BofA joins peers with forecast of three US rate cuts this yearBank of America, the most conservative among Wall Street's brokerages on the size of the Federal Reserve's expected interest rate cuts this...
US auto strike's economic fallout starts to hurt global businessesThe month-long strike by hourly workers at the Detroit Three automakers is starting to have a financial impact on businesses, including air...
Tech earnings to test markets' 'most crowded' trade this weekUS technology stocks are currently the "most crowded" trade in the market, fund managers surveyed by BofA Global Research said.
China Covid-19 curbs, limited consumer spending to impact Apple's revenue figuresInvestors will look for details on how chief executive Tim Cook is trying to bolster demand in a weak economy that has prompted mass layoff...
Bond investors brace for recession as Fed expected to slow pace of tighteningWhile investors widely expect the Fed to raise rates by another 25 basis points at the end of its monetary policy meeting on Feb. 1, market...
Microsoft's cloud business keeps profits flowing in tougher timesThe cloud business is under the spotlight again following the viral success of chatbot ChatGPT, which answers general questions in plain la...
Sandhya Devanathan is Meta India’s new head; Amazon begins mass layoffsMeta appointed Sandhya Devanathan as its India head on Thursday, a week after WhatsApp India chief Abhijit Bose left the technology firm, c...
Global banks Citigroup, HSBC, BofA Merrill Lynch and Barclays cutting jobs in India at ruthless paceGlobal banks Citigroup, HSBC, BofA Merrill Lynch are slashing jobs at a time PSU banks such as PNB & Union Bank are estimated to hire over ...
- Bank of America Corp to axe 3,500 jobs, more cuts in store: Report
BofA will slash 3,500 jobs in the current quarter and is working on broader restructuring that could eliminate thousands of additional posi...
- Wall Street layoffs could surge past 200,000
The fallout from this year's global credit crisis has claimed jobs on all corners of Wall Street, from hedge fund managers to floor traders...