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US stock market crash: Why is stock market falling sharply today — Dow, S&P 500, and Nasdaq sink as AI overhype shows its true colorsUS stock market crash deepened Thursday as AI overhype fears collided with bleak jobs data. Dow Jones fell 0.8%, S&P 500 dropped 0.9%, and ...
Ozzy Osbourne found peace in final days: Surrounded by family, music, and England homeOzzy Osbourne, the iconic Black Sabbath frontman, breathed his last in England at the age of 76 after battling health issues. Surrounded by...
S&P 500, Dow set for best week this year on Trump win, rate cutWall Street opened on a muted note on Friday, as a rally powered by a sweeping Trump win and an expected interest-rate cut paused, with the...
Airbnb shares slump 14% as weak forecast signals slowing travel demandAirbnb Chief Financial Officer Elinor Mertz said on a call with analysts on Tuesday that softness in long booking lead times was a big fact...
Airbnb slumps over 6% as gloomy Q2 forecast fans slowdown fearsAirbnb shares tumbled more than 6% in early trading on Thursday after weak forecasts for the second quarter stoked investor fears about slo...
Airbnb forecasts fewer bookings, lower prices in Q2; shares slumpThe company's gross booking value increased 19% to $20.4 billion in the first quarter from a year earlier, in line with a 19% increase in n...
Wall Street slips as strong retail sales data fuels rate worriesThe Dow Jones Industrial Average fell 80.64 points, or 0.24%, at the open to 34,008.63
Half machine, half artist – meet DALL-E 2DALL-E 2 (a mishmash of WALL-E and Dali) builds on the success of its predecessor DALL-E, which OpenAI unveiled in early 2021, and improves...
New direct listings won't spell the death of IPOsThe financial regulator greenlighted the New York Stock Exchange's request last week to allow companies to raise money in stock market debu...
Airbnb reaches $47 billion value in above-range IPOAirbnb and its investors sold about 52 million shares Wednesday for $68 each after marketing them for $56 to $60 each.
Blockbuster IPO market still calls for cautious approachIPOs slowed sharply in the spring due to the pandemic, but they surged in the summer as the market recovered from a steep slump and rallied...
Airbnb IPO filing shows third-quarter earnings beating virus with cost cuts, new focusThe filing, published ahead of Airbnb's anticipated stock market debut in December, showed a dramatic recovery in its fortunes, after the c...
How sharing economy companies are reinventing to survive the Covid crisisCab companies are selling self-drive options instead of car pools. Some are expanding services from transporting passengers to moving packa...
Lower valuation, changed consumer preferences, Covid-19 has changed the Private Equity playbookThe Indian startup ecosystem is in turmoil due to disruption in the investment activities. The impact of Covid-19 on the PE space led to a ...
SoftBank-backed Oyo lays off thousands across India, ChinaSoftBank-backed Oyo plans to shed another 1,200 in India over the next three to four months, sources said.
Co-living bucks realty slump as firms, investors troop inIndia’s residential real estate market is facing its most prolonged slump in recent memory, but one segment, co-living, is having a moment,...
'Nothing safer than cash': Tech rout puts Silicon Valley on edgeHe said he’s pulled 80 percent of the money he had in public markets and 60 percent of what he had in private markets. It’s all parked in c...
Who moved my market on WednesdayIn this space, we track the elite 30 from the Sensex pack, 50 from the nimble Nifty LIVE, and showcases the newsmakers and top market mover...
10 things in tech you need to know todayTech enthusiasts alert: Here's the news that will excite you this week.