Finance

The market value of Amazon is cut to half in just 12 months: Largest ever layoff around the corner!

The global eCommerce behemoth Amazon.com Inc. (NASDAQ:AMZN) is sailing through an extremely challenging time. The worst thing is, the situation is only bound to go from bad to worse as the world is staring at the longest-ever recession.   The market...

Amazon’s $1 trillion loss in market cap hints the worst is yet to come for tech companies

If you still have doubts about the recession, the mounting losses and tanking valuation of companies are convincing enough to make you think twice, especially when it's related to the world's largest eCommerce company Amazon.com Inc. (NASDAQ:AMZN). Amazon has...

Meta announces Q3 results and investors rush to dump the stock

Facebook parent company Meta Platforms Inc has forecast a sluggish holiday quarter and significantly higher loss from Metaverse investments for the year ahead. Consequently, the brutal stock market reacted against the share value of Meta which tanked 20 percent...

Uber offloads Zomato: The first step to exit the Indian market?

Zomato's ride of Uber is over! Last month rumours were making rounds on the internet that Uber was exploring options to exit the Indian market. While the debates and discussion related to Uber's possible exit were far from over, last...

Warren Buffett’s Invaluable Advice Helped Google Go Public, But He Never Invested

Alphabet Inc., Google’s parent company is ranked among the world's top 10 most valuable publicly traded companies with a market capitalization of nearly $2 trillion. But only a few people are aware of the fact that both Sergey Brin and...

Your must enlighten yourself about different loan types you can take advantage of in your life

Nowadays, it's normal and common to borrow money from banks, lenders, and other financial institutions to help pay for living expenses. Loans can be used to make planned purchases like a house, car, vacation, or an expensive appliance. Or...

SoftBank’s bets gone all wrong: Highest ever loss in Q1 2022

Softbank's Masayoshi Son, a billionaire who is known for his aggressive bets on tech startups, is set to break another record, albeit an unpleasant one. SoftBank Group Corp.'s Vision Fund investment division may have lost a humongous amount...

Ignored earlier, proven now: Indian startup IPO market is in a massive bubble!

In November last year, right before the first IPO launched by any startup in India, experts were in no doubts that India was at the cusp of the IPO revolution. Startups were lineup for IPO and many were working...

Sizing Meta’s loss: More than the collective valuation of Indian startup unicorns

Investors have always been looking at Meta Platforms, Inc. (NASDAQ: FB) - now the owner of Facebook - as one of the powerful technology firms that stands out in a crowded tech world. Following last week's devastating financial report,...

Meta’s $200 billion wipeout: Just a tip of the iceberg Zuckerberg is staring at?

The beginning of 2022 was way beyond the expectations of Mark Zuckerberg. It is the first time in 18 years when daily active users (DAUs) of Facebook declined in any quarter. But it was Wall Street that turned into...
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5G mobile subscriptions in India: From just 2.7% in 2022 to a whopping 53.5% in 2028 [REPORT]

The era of high-tech smartphones and fast-internet has arrived. Smartphone companies such as Apple, Samsung, Google, Xiaomi have been...
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