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"wall-street"

  • Dow drops 1,200 as stocks sell off around world, oil prices leap even higher on war worries

    The price for a barrel of Brent crude, the international standard, leaped another 7.8% to $83.84. That's up from close to $70 less than a week ago
  • Fintech company Block lays off 4,000 of its 10,000 staff, citing gains from AI

    Shares of Block, Inc. surged over 20% after CEO Jack Dorsey announced 4,000 layoffs, citing artificial intelligence-driven efficiency. Investors welcomed the restructuring as the fintech firm reported strong quarterly profit growth
  • Sensex, Nifty post strong gains led by recovery in IT stocks

    Indian equity markets surged in early trade, led by IT stocks tracking Wall Street gains. Sensex jumped 559 points and Nifty rose 157 points. Broad-based buying supported indices, though geopolitical tensions, firm crude prices and AI-related concerns kept overall sentiment cautious
  • Asia shares mostly lower after sharp Wall Street losses on AI-related worries

    Asian markets mostly fell Friday, tracking Wall Street losses amid investor concerns over AI disruptions impacting tech stocks. Tokyo, Hong Kong, Shanghai, and Australia saw declines, while South Korea’s Kospi gained. U.S. inflation data and tech earnings influenced global market sentiment
  • Stock markets trade lower in early deals

    Indian equities opened lower as Sensex and Nifty slipped amid weak global cues, Asian market declines and cautious sentiment before US inflation data. IT stocks gained, auto and pharma lagged, while FIIs and DIIs turned buyers in early trade Thursday
  • DeepSeek impact: Tech stocks rebound even as spotlight remains on Nvidia

    AI-related stocks have been Wall Street’s biggest stars in recent years, soaring on expectations that big spending will only continue to grow. China’s DeepSeek busted that
  • Asian stocks rise, following Wall St, ahead of Federal Reserve conference

    The Fed indicated in minutes from its July meeting that it would make future decisions based on hiring, inflation and other data.
  • First Citizens considering to buy collapsed Silicon Valley Bank: Report

    First Citizens BancShares Inc is reportedly considering making an offer to acquire the collapsed Silicon Valley Bank
  • Music to buck economic woes, double revenues to $131 bn by 2030

    Los Angeles: At a time when Wall Street doesn’t have much good news coming out of it, Goldman Sachs predicts a booming decade for the music industry, with total music revenue to double to about $131 billion by 2030, says ‘Variety’. The investment banking and financial services company’s annual ‘Music in the Air’ forecast predicts […]
  • Global stock markets sink as inflation worries mount

    Rising prices reflect growing economic activity after last year's global shutdown to fight the coronavirus pandemic.
  • Arturo Di Modica, sculptor of Wall Street bull, dies at 80

    Di Modica installed the bronze bull sculpture in New York's financial district without permission on the night of December 16, 1989.
  • US stocks end mixed after retail sales data

    The moves came after data showed US retail sales rose more than expected last month.

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