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Why is the US stock market down today? Dow Jones, S&P 500 and Nasdaq crash big as strong jobs report, rising Treasury yields and AI stock selloff shake Wall Street — here are today's biggest gainers and losersWhy is the stock market down today? A hotter-than-expected jobs report erased any lingering hope for near-term Federal Reserve rate cuts — ...
Google Cloud layoffs: Threat intelligence team, Mandiant employees among those affectedGoogle Cloud has recently implemented job cuts, impacting teams including employees in Mandiant and its Threat Intelligence Group. These la...
Peak XV rejigs Surge; Digital lenders power through slowdownHappy Monday! Peak XV Partners is rebooting Surge after executive exits and a broader strategy reset. This and more in today’s ETtech Morni...
Coinbase, Kalshi bring regulated perpetual crypto futures to US investorsPerpetual futures, or "perps", are derivatives that lack a traditional expiration date, allowing traders to maintain positions indefinitely...
Over 114,000 jobs cut in tech so far in 2026 as AI drives layoffs at Amazon, LinkedIn, othersTech companies are implementing significant workforce reductions, with 114,210 roles cut in early 2026, driven by AI and automation. Major ...
US company ClickUp lays off 22% workforce, but CEO says bigger rewards await those...ClickUp Layoffs: ClickUp is cutting 22 per cent of its workforce as the company shifts more aggressively towards artificial intelligence-dr...
‘No coders or managers’: 1 lakh tech jobs gone, but one type of engineer is becoming untouchable, and the ₹60.5 lakh crore reason whyTech giants are shedding over 1 lakh jobs in 2026, including significant cuts at LinkedIn, Cisco, and PayPal, despite record AI investments...
Senate CLARITY Act vote today: Can Congress finally end SEC crypto chaos with historic U.S. crypto regulation bill?The CLARITY Act markup vote, scheduled for May 14, 2026, marks the most significant Senate action on crypto market structure in U.S. histor...
Groww investors make bank; Mobikwik, Fractal's Q4 profits surgeGroww delivered strong returns to early investors after the IPO lock-in expired. This and more in today's ETtech Top 5.
Airbnb says AI now pens 60% of its code as tech firms trim teamsAirbnb's CEO revealed that nearly 60% of code was AI-generated last quarter, accelerating feature development and improving API partner too...
Swiggy, Urban Company report Q4 losses; Zepto gets IPO nodNew-age companies Swiggy and Urban Company closed the March quarter in the red, even as revenues surged. This and more in today's ETtech To...
Cloudflare shares plunge 18% after earnings report as AI-driven layoffs rattle investorsCloudflare's stock dropped 18% after reporting strong Q1 2026 earnings, as the company announced plans to cut over 1,100 jobs, about 20% of...
Skyroot, a newborn unicorn; AI pay gap growsSkyroot Aerospace became India’s first spacetech unicorn after its latest funding round. This and more in today’s ETtech Top 5.
Salesforce CEO Marc Benioff says AI won’t wipe out entry-level jobs. He’s hiring 1,000 graduates to prove itSalesforce CEO Marc Benioff announced the company is hiring 1,000 graduates and interns to build its AI systems, directly challenging fears...
Coinbase layoffs: What is the severance package US' largest crypto exchange will give to Indian employees on work visas?Coinbase is laying off 14% of its global workforce, impacting around 700 employees. The crypto giant cited market conditions and the growin...
Coinbase cuts 14% of staff: Is AI the real reason behind the layoffs?Coinbase is slashing approximately 700 jobs, around 14% of its global staff, as part of a major restructuring. This move aims to cut costs ...
Coinbase layoffs: Why Coinbase is cutting 14% jobs as CEO Brian Armstrong pushes AI shift – here's what he said about severance pay, healthcare, and supportCoinbase layoffs 2026: Coinbase has announced job cuts affecting 14% of its staff. CEO Brian Armstrong cited crypto market downturns and th...
AI will kill design jobs, says Figma investor Gokul Rajaram; industry vigorously disagreesRajaram, who has invested in various tech companies, is best known for building Google’s advertising network AdSense and scaling it to over...
Every rupee saved in supply chain costs goes back to customers: Zepto's Aadit Palicha at YC Startup SchoolZepto aims to be India's top grocery delivery platform in the next four to five years. Cofounder Aadit Palicha believes this success could ...
Coinbase CEO Brian Armstrong sold $291.8 million shares on listing dayCoinbase CEO Brian Armstrong sold 749,999 shares in three batches at prices ranging from $381 to $410.40 per share for total proceeds of $2...