Latest Updates Around The World
Block shares rose more than 16% on Friday after the fintech company announced it would cut its workforce nearly in half as part of an overhaul to integrate artificial intelligence tools into its operations.The layoffs are the most visible signs of how the industry is dealing with the impact of AI, with Block’s CEO, technology […]
Netflix rose more than 9% on Friday as investors cheered the decision to drop out of the race for Warner Bros Discovery, a months-long bidding war with Paramount Skydance for some of Hollywood’s most prized assets.Netflix declined to match Paramount’s latest offer of $31 per share or increase its $27.75 per share offer for Warner […]
The Singapore government and HDFC Mutual Fund on Friday acquired promoter stakes worth Rs 1,485 crore and Rs 1,100 crore in Vishal Mega Mart, respectively, through separate bulk deals. The Monetary Authority of Singapore also emerged as a major buyer, buying shares worth Rs 858 crore in the supermarket-to-fashion retailer.Promoter entity Samayat Services LLP has […]
Shares of Dell Technologies rose 17.5% on Friday after the company forecast that revenue from its AI server business will double in fiscal 2027, underscoring rising demand for artificial intelligence infrastructure.Investors also cheered the PC maker’s plans for a 20% increase in dividends and an additional $10 billion share buyback program. Dell shares rose to […]
Auto components maker Shriram Pistons and Rings (SPRL) has raised Rs 1,000 crore from a group of mutual fund investors to finance its Rs 1,670 crore acquisition of Spanish company Groupo Antolin’s local entities, people familiar with the fundraising told ET.The money was raised through the issuance of two separate sets of non-convertible debentures (NCDs), […]
Shares of CoreWeave fell about 15% on Friday after the company’s plans to double capital expenditures this year fueled investor concerns about pressure on margins and the effective returns from its artificial intelligence efforts. If current losses hold, CoreWeave is expected to lose more than $8 billion in market value. The cloud infrastructure company has […]
Volunteers stock community refrigerators to fill when grocery stores and food banks are closed, and shovelers clear snow for seniors. Snow covers a Brooklyn street as New Yorkers navigate blizzards during the city’s biggest storm in a decade. Photo by Erica Price by Kirstyn Brendlen, Brooklyn Paper Like New York’s biggest snowstorm in ten years […]
What you need to know: XRP spot volumes on Bitrue soared 212% as institutional interest grows. The short-term XRP price remains between $0.87 and $1.67. Technical indicators point to cautious bearish momentum with potential support around $0.85-$0.92. XRP has seen a significant increase in trading activity Confessional reporting a 212% increase in spot purchasing volumes, […]
Escalating tensions between the United States and Iran are reviving a risk that energy markets have long feared: a possible closure of the Strait of Hormuz, the narrow Gulf passage that carries about 20 percent of global LNG trade and 25 percent of marine oil. New modeling from energy analysis firm ICIS shows that a […]
Keeping an eye on your competitors is not spying. It’s smart marketing. If they serve ads, target keywords, and get traffic from undisclosed sources, you should know about them. The good news? You don’t need a detective badge. You just need the right tools. Let’s list seven powerful competitor monitoring tools that track ads, keywords, […]
