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Alphabet Inc. shareholders have fretted over long-term risks posed by artificial intelligence to the company’s money-printing search business for over an year. This week the threat became much more immediate. Alphabet shares ended the week down nearly 7%, while the Nasdaq 100 fell just 0.2%. The drop erased $138 billion in market value. Court testimony…
The Indian stock market closed with losses on Tuesday, May 6, amid escalating tensions between India and Pakistan. Weak global cues ahead of the US Federal Reserve’s policy outcome further weighed on investor sentiment. The Sensex closed 156 points, or 0.19 per cent, lower at 80,641, while the Nifty 50 settled with a loss of…
Frontline indices, the Sensex and the Nifty 50, ended with nominal losses, snapping their two-day winning run on Wednesday, April 30. The Sensex closed 46 points, or 0.06 per cent, lower at 80,242.24, while the Nifty 50 ended 2 points down at 24,334.20. The mid and small-cap segments saw significant selling as the BSE Midcap…
Google has asked some of its employees to return to office at least three days a week or risk losing their job, a new report has revealed. According to the report by CNBC, the requirement marks a significant shift in Google’s policies that gave employees the option to work from home. Google has reportedly told…
Sensex crashes 1,000 points; investors lose ₹10 lakh crore; why is Indian stock market falling? EXPLAINED