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Evening digest: Tech companies layoffs, oil surge rattle markets

Investing

Dow Jones falls 179 pts as oil surge, tech slump hit stocks

Investing

Intel stock soars on Q1 earnings, but further gains lie ahead

Investing

Oklo stock jumps as Nvidia AI deal fuels nuclear energy push

Investing

Meta to cut 10% workforce as AI spending surge drives overhaul

Investing

Microsoft offers buyouts to 7% US staff amid AI spending surge

Investing

Lululemon stock: why markets seem to dislike its new CEO

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Categories Investing

Man Group assets flat in Q1 as client pulls $6.1B

April 23, 2026

Shares of Man Group declined on Thursday after the hedge fund disclosed that a client withdrew $6.1 billion from one of its

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Categories Investing

Tesla Q1 earnings: 10 bold predictions Elon Musk made on what comes next

April 23, 2026

Tesla’s first-quarter 2026 results gave investors a familiar mix of hard numbers and harder-to-price ambition.Revenue came in at $22.39 billion, net income

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Categories Investing

Diet Coke shortage in India has a surprising Iran war link: here’s how

April 23, 2026

Diet Coke is becoming increasingly hard to find across parts of India, as supply disruptions triggered by the Iran war strain the

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Categories Investing

HSBC downgrades Indian equities to Underweight as oil surge hits markets

April 23, 2026

Indian equities came under renewed pressure after HSBC downgraded its stance on the market to underweight, warning that a surge in oil

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Categories Investing

Nestle surpasses Q1 expectations as coffee and food sales rise

April 23, 2026

Nestle reported better-than-expected first-quarter sales growth on Thursday, supported by increased demand for its coffee and pet food products. The world’s largest

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Categories Investing

Univity raises €27M to build Europe’s biggest satellite network

April 23, 2026

Univity, a satellite internet startup backed by the French state, said on Thursday it had closed a €27 million ($32 million) funding

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Categories Investing

Why is SK Hynix stock falling despite record first-quarter profit?

April 23, 2026

SK Hynix’s record first-quarter profit failed to deliver a bigger lift to the stock on Thursday, as investors weighed whether the AI-driven

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Categories Investing

Cheapest ‘Magnificent 7’ stock revealed ahead of Big Tech earnings

April 23, 2026

“Magnificent Seven” stocks are in focus as we approach a pivotal week for the US stock market, with five of them (MSFT,

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Categories Investing

Gold hits two-week low: are rising oil prices to blame?

April 23, 2026

Gold fell to a two-week low on Friday as oil prices pushed back above $100 a barrel after renewed military tension between the US

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Categories Investing

Why is SoftBank raising $10B loan backed by OpenAI stake?

April 23, 2026

SoftBank Group is seeking to raise as much as $10 billion through a margin loan backed by its shares in OpenAI, according

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    • Recent Posts
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    Evening digest: Tech companies layoffs, oil surge rattle markets

    Global markets navigated a mix of corporate restructuring, macroeconomic signals, and geopolitical...

    #

    Dow Jones falls 179 pts as oil surge, tech slump hit stocks

    US stocks pulled back on Thursday, pressured by weakness in software shares and a sharp rise in oil...

    #

    Intel stock soars on Q1 earnings, but further gains lie ahead

    Intel (NASDAQ: INTC) shares are ripping higher in extended hours after the semiconductor giant...

    #

    Oklo stock jumps as Nvidia AI deal fuels nuclear energy push

    Oklo shares rose on Thursday after the company announced a partnership with Nvidia, marking its...

    #

    Meta to cut 10% workforce as AI spending surge drives overhaul

    Meta Platforms, Inc. plans to lay off about 10% of its workforce, or roughly 8,000 employees, as...

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    Microsoft offers buyouts to 7% US staff amid AI spending surge

    Microsoft is offering voluntary retirement buyouts to thousands of employees in the United States,...

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