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WALL STREET JOB CUTS
Wall Street Week Ahead: Jobs data, rate bets in focus as US stocks close solid first halfUpcoming jobs data could signal a strong U.S. economy, potentially leading to interest rate hikes and stock market jitters, especially for ...
US stocks: US market ends lower as tech stocks weigh on sentimentWall Street ended lower on Friday, with AI chip stocks experiencing a significant downturn while Moderna and other healthcare companies sur...
US stocks fall as report of OpenAI IPO delay causes jittersWall Street stocks fell on Friday, capping a roller-coaster week for tech stocks as traders fretted that valuations may be entering bubble ...
US stocks Today | US stocks open lower as chip stocks resume slideIndian markets witnessed a dip on Friday, with technology stocks, particularly chipmakers, facing renewed selling pressure. Investors are n...
Volkswagen CEO aims to cut 100,000 jobs in major overhaul, Manager Magazin reportsVolkswagen CEO Oliver Blume is reportedly planning significant changes, including potentially cutting up to 100,000 jobs globally and closi...
JPMorgan puts two more in line to succeed Jamie DimonJPMorgan Chase has appointed Doug Petno and Troy Rohrbaugh as co-presidents, signaling a significant step in succession planning for CEO Ja...
US Stocks Today | US stock opens higher after Micron revives AI optimism, upbeat economic dataWall Street’s main indexes moved higher on Thursday, led by technology stocks after upbeat forecasts from Micron and Qualcomm reignited opt...
United Spirits set to cut 100 jobs to curb costs, streamline operationsUnited Spirits is cutting around 100 jobs in India as part of parent Diageo's global cost-saving drive. This significant workforce reductio...
Micron's AI Moment: Record earnings, strong guidance & what's nextMicron reported a record quarter with strong revenue, profits and margins, driven by sustained demand for AI memory products. Strong guidan...
US Stock Market: Retail investor rush sends Wendy's stock soaring on heavy trading volumeWendy's shares experienced a dramatic surge, climbing nearly 29% as retail investors flocked to the struggling fast-food chain. This rally,...
Agility Robotics heads to Wall Street in a $2.5 billion bet on staffing warehouses with humanoidsAgility Robotics, an AI-driven humanoid robotics for warehouse operations, plans to go public with a remarkable $2.5 billion valuation. Thi...
US Stocks Today | US stocks subdued as tech steadies, Micron earnings in focusIndian markets saw a subdued start on Wednesday, following two days of losses. Technology stocks showed signs of recovery after a significa...
US stocks fall at open on tech selloff as concerns about hawkish Fed, AI spending mountIndian markets opened on a subdued note Tuesday, mirroring global trends. Major indices saw a dip as investors grew cautious about the Fede...
Quote of the day by Chuck Akre: "Wall Street has this wonderful business about how to create transactions. They set up what we believe are false expectations, and that’s what I call the “beat by a penny, missed by a penny syndrome.”Chuck Akre criticises Wall Street’s fixation on marginal earnings beats and misses, arguing it fuels short-term trading over meaningful ana...
US stocks today: S&P 500, Dow tick higher as investors weigh Mideast negotiationsWall Street's major indexes opened little changed on Monday as investors returned from the long holiday weekend and awaited clarity on US-I...
Investors brace for less predictable Fed as Warsh rewrites playbookKevin Warsh's first Federal Reserve meeting as chair saw interest rates held steady, but a shift away from forward guidance blindsided trad...
Robinhood stock soars despite layoffs – Why Wall Street is bullishRobinhood shares rallied after announcing a 10% workforce reduction, as investors viewed the move as a cost-efficiency strategy. Strong tra...