Investing

Amazon.com Inc (NASDAQ: AMZN), on Thursday, revealed plans of laying off 18,000 employees worldwide – a much bigger number than the one it suggested in its previous update. Amazon shares…

Silvergate Capital Corp (NYSE: SI) shares dropped sharply on Thursday, with intraday declines as of midday more than 47% to see the crypto-focused bank’s stock trade around $11.52. Silvergate shares…

Natural gas prices have tanked sharply to around $3.75 in less than a month. Still, Chesapeake Energy Corporation (NASDAQ: CHK) CEO does not expect that to be a threat for…

Oorbit, a metaverse platform focused on advancing interoperable gaming across 3D virtual worlds, has partnered with South Korea conglomerate LG Electronics to bring metaverse games to smart TVs. In an…

Shares of Bed Bath & Beyond Inc (NASDAQ: BBBY) opened nearly 25% down this morning after the retailer warned of a potential bankruptcy. Bed Bath & Beyond stock down on…

Every first week of a trading month has special meaning for financial market participants. First, it is the time when the US jobs data for the previous month is released.…

In a letter to staff on Wednesday, Salesforce, the US software company, announced it was cutting 10% of its workforce. The cut corresponds to close to 8,000 jobs. Salesforce stock…

Liquidity remains thin in financial markets, as many market players are still on vacation. However, while a short trading week due to numerous bank holidays, it is marked by some…

Glencore (LON: GLEN) share price has had a difficult start to 2023 as concerns about the company’s ESG credentials rose. The blue-chip mining stock plunged to a low of 503.3p,…

The MSCI All-Country World Index is a stock market index which tracks close to 3,000 stocks across 48 developed and emerging market economies. It is as close to a global…