Top Justice Department officials have decided to ask a judge to force Alphabet’s Google to divest its Chrome browser, in what is likely to mark a significant antitrust escalation, according to a report by Bloomberg. This move follows Judge Amit Mehta’s ruling that found Google had illegally monopolized the search…
India’s burgeoning food delivery landscape is witnessing an exciting period of expansion, fueled by the growing demands of affluent and middle-class urbanites. Zomato, a leading player in this arena, projects a robust 30% annual growth rate for its core food delivery business over the next five years. This optimistic outlook…
Sony Group Corp. is actively exploring a takeover of Japanese media powerhouse Kadokawa Corp., aiming to reinforce its global content portfolio, according to a report by Reuters. This potential acquisition could significantly bolster Sony’s gaming and anime dominance, especially with Kadokawa’s subsidiary, FromSoftware Inc., at the forefront. FromSoftware, known for…
The USD/INR exchange rate retreated for three consecutive days as the recent US dollar index (DXY) sell-off cooled. The pair retreated to 84.36 on Tuesday, lower than the year-to-date high of 84.45. Similarly, the DXY index fell from $107.07 to $106.20. USD/INR sits near its all-time high The Indian rupee…
Cardano price has soared in the past three consecutive weeks, pushing it to its highest level since March this year. ADA token was trading at $0.7940 on Tuesday morning, up by 170% from its lowest level this year. Cardano price sits at a make-or-break point The weekly chart shows that…
Algorand price continued its recovery, surging to a high of $0.2318, its highest level since April 24 as cryptocurrencies bounced back. ALGO has jumped by over 124% from its lowest level this year, bringing its market cap to over $1.7 billion. Algorand price nears a golden cross The odds of…
Symbotic stock price staged a strong comeback on Monday after the warehouse technology company published strong financial results. SYM shares jumped by over 26%, reaching a high of $38.60, its highest level since July this year. It has soared by 124% from its lowest level this year, bringing its valuation…
Affirm stock price rose for four consecutive weeks as investors cheered the ongoing Federal Reserve interest rate cuts and its partnerships with top companies. AFRM jumped to a high of $62 on Monday, its highest level since February 2022. It has soared by over 570% from its lowest point in…
The SPDR S&P Regional Banking (KRE) ETF stock price continued its strong rally, reaching its highest level at $67.95, its highest swing since February 2022. It has soared by 100% from its lowest level last year when the regional banking crisis escalated. Regional banks have bounced back The KRE ETF…
The GSK share price has been in a strong freefall after peaking at 1,785p in September. Most recently, the GSK stock retreated for five consecutive weeks and reached its lowest level since October last year. It has dropped by 27% from the year-to-date high. Good news from GSK The GSK…