Business - Page 88

On Friday, Microsoft (MSFT.O) achieved a significant milestone by surpassing Apple (AAPL.O) in stock market value for the first time since 2021. This development positioned Microsoft as the world’s most valuable company,

Bitwise, the crypto asset manager, reported an impressive influx of $240 million into its spot bitcoin exchange-traded fund (ETF) on Friday, surpassing the other 10 similar products that debuted for trading just

Circle Internet Financial, the company responsible for the popular stablecoin USDC, announced on Thursday that it has confidentially filed for a U.S. initial public offering (IPO), marking a significant step towards becoming

Hertz Global Holdings (HTZ.O) has announced its decision to sell approximately 20,000 electric vehicles (EVs) from its U.S. fleet due to mounting expenses associated with collision and damage repairs. The company intends

Amazon.com (AMZN.O) has announced its plans to reduce its workforce in the streaming and studio divisions, affecting several hundred employees. This move comes as many companies continue to implement significant job cuts,

BlackRock (BLK.N) has made a bold move by announcing its acquisition of Global Infrastructure Partners (GIP) for a whopping $12.5 billion. This strategic investment marks a significant commitment to alternative assets and

On Wednesday, UK insurers witnessed a significant dip in their stock prices, as concerns surfaced regarding the viability of premium finance products in the wake of comments made by the Financial Conduct

Japan’s Nikkei share average achieved a significant milestone, closing at its highest level in 34 years, fueled by a surge in technology shares following overnight gains in U.S. counterparts. Additionally, a weakened

BlackRock, the world’s largest asset manager, has revealed plans to reduce its workforce by approximately 3%, which translates to around 600 positions being cut. This decision comes despite the company’s anticipation of