Amazon stock price surged to a record high this week, continuing a trend that has been going on for over two decades. AMZN soared to a record high of $235.5, giving it a market cap of over $2.45 trillion, making it the fourth-biggest company in the world after NVIDIA, Apple,…
India’s Adani Green Energy has announced the appointment of independent law firms to review allegations in the US indictment of founder Gautam Adani, Executive Director Sagar Adani, and Managing Director Vineet S Jain over claims of $265 million in bribes for securing power contracts. The announcement was included in a…
US President Donald Trump reiterated his commitment to making America a leader in emerging technologies as he spoke at the World Economic Forum in Davos, Switzerland. In particular, his focus currently is on artificial intelligence and cryptocurrencies. Trump’s broader agenda could prove to be a meaningful tailwind for a bunch…
Apple stock price has pulled back this year as concerns about its innovation, growth, and valuation continued. AAPL crashed to $220, about 15% below its highest level in 2024, bringing its market cap to about $3.36 trillion, making it the second biggest company in the world after NVIDIA. So, is…
After two stellar years that saw its shares double in both 2023 and 2024, Tata Group-owned Trent Ltd is facing a sharp reversal of fortune in 2025. Once celebrated for its long-term compounding growth story, Trent has now become the worst-performing Nifty stock this year, with share prices plummeting by…
Visa stock price has slowly surged to a record high this year as investors wait for its upcoming earnings. V, the biggest financial services company, has soared to a record high of $328, bringing its market cap to over $635 billion. This growth makes it the 15th biggest company in…
If you’re searching for the key to the current economic resilience, look no further than the increasingly powerful influence of women, according to a new report from Bank of America. The report, titled ‘What’s the power of a woman’s wallet?’, reveals that women are playing a pivotal role in the…
Sainsbury’s, the UK’s second-largest supermarket chain, is set to cut 3,000 jobs as part of a cost-cutting drive in the face of rising labor costs and a challenging economic environment. The job cuts will primarily affect the retailer’s hot food counters and cafes, which will be closed. Sainsbury’s will also…
US President Donald Trump delivered a virtual address at the World Economic Forum on Thursday, held in Davos, Switzerland. He discussed with prominent business leaders, including Bank of America CEO Brian Moynihan and Blackstone Group CEO Stephen Schwarzman. Here’s what he said in his address. Trump vows to ‘demand immediate…
Germany is in the middle of its worst economic slowdown in years. Official figures show two years of consecutive GDP contraction, and 2025 is unlikely to bring any relief, projected at near-zero growth. Over the next five years, Germany’s economy is forecast to grow by only 5%, well below the…