Summary UPS Announces 20,000 Job Cuts as Delivery Volume Shrinks United Parcel Service (UPS) shocked markets on Tuesday by confirming plans to eliminate 20,000 jobs worldwide by the end of Q3 2025. The restructuring — one of the largest in company history — is a direct response to weaker package volume, escalating fuel costs, and … Read more
Summary Snap Inc. Withdraws Q2 Guidance, Citing Advertising Headwinds Snap Inc. sent a shockwave through tech markets late Tuesday after it pulled its forward-looking Q2 guidance, citing “challenging ad dynamics” and “reduced visibility into advertiser demand.” This move comes despite a better-than-expected Q1 revenue print of $1.19 billion, up 5% year-over-year. However, with net losses … Read more
Summary Highlights HSBC Stock Rises as Buyback Calms Investor Nerves HSBC Holdings ($HSBC) saw its share price rise 2.7% today after unveiling a surprise $3 billion share buyback, even as Q1 earnings revealed a substantial 25% drop in net profit compared to Q1 2024. The buyback announcement came during its quarterly report, signaling a confident … Read more
Summary Highlights Amazon’s Kuiper Satellites Take Off – And So Does AMZN Amazon ($AMZN) is making headlines today as its Project Kuiper successfully launched another batch of 40 low-Earth orbit (LEO) satellites, pushing its total in-orbit count beyond 200. This latest launch was completed via a joint operation with Blue Origin and United Launch Alliance, … Read more
Summary Highlights Tesla and Coinbase CFDs Jump as Bitcoin Rallies Contract for Difference (CFD) traders had a windfall today as Bitcoin crossed the $95K mark, lifting crypto-linked equities across global markets. Two standout gainers were Tesla ($TSLA) — a well-known Bitcoin holder — and Coinbase ($COIN), the largest publicly traded crypto exchange. Retail platforms like … Read more
Summary Highlights Nvidia Hit by AI Chip War Escalation Nvidia Corp. ($NVDA), the titan of GPU-based AI acceleration, saw its shares dip nearly 4% today amid breaking news that Huawei has officially launched a next-gen AI chip designed to rival Nvidia’s flagship offerings. The move, unveiled at a Beijing tech summit, signals China’s deeper commitment … Read more
Quick Take: Trump’s Approval Rating Slides as Market Uncertainty Deepens President Donald Trump’s approval rating fell to 39% on April 28, 2025, according to a new poll by National Survey Group, highlighting growing voter unease amid stock market volatility and renewed concerns over U.S.–China trade tensions. This marks a slight decline from March’s 41% reading, … Read more
Quick Take: SoFi Shares Rocket Higher as Investors Anticipate Strong Earnings In a thrilling session for fintech investors, SoFi Technologies, Inc. (NASDAQ: SOFI) surged 12% on April 28, 2025, as market participants gear up for the company’s highly anticipated Q1 earnings release scheduled for tomorrow, April 29. The sharp rise reflects growing optimism that SoFi … Read more
Quick Take: A Major Development at Hargreaves Lansdown In a surprising move shaking the UK financial services sector, Peter Hargreaves, co-founder of Hargreaves Lansdown (LSE: HL.), has returned to the board of the company he helped create. This comes amid a high-stakes £5.4 billion ($6.7 billion) takeover offer from a consortium led by CVC Capital … Read more
Quick Summary In a familiar tone, former U.S. President Donald Trump reignited his criticism of the Federal Reserve, calling it “slow-moving” and urging the central bank to slash interest rates as traditional financial markets continued their downward spiral. Trump’s remarks came via a Truth Social post early Monday, as global equity indices and U.S. futures … Read more
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