Wall Street

Sensex Falls Over 250 Points, Nifty Slips Below 11,250 Tracking Global Markets

Business | Edited by Sandeep Singh (with inputs from Reuters) | Wednesday August 12, 2020

On Wall Street, the S&P 500 snapped a seven-day winning streak after coming within reach of its all-time peak hit in February just before the global outbreak of COVID-19.

Sensex, Nifty Likely To Have A Firm Start

Business | Edited by Peter Noronha (with inputs from agencies) | Tuesday August 11, 2020

The domestic stock markets are likely to open in the green, amid cautious trading in Asia due to strained US-China relations and a mixed Wall Street session overnight.

Wall Street Interns Find Creative Ways To Impress Bosses On Zoom. Tips Here

World News | Natalie Wong, Britton O'Daly and Payne Lubbers, Bloomberg | Thursday August 6, 2020

It's tough enough for interns and young employees to make an impression on their Wall Street bosses during the best of times. Try projecting an aura of future indispensability on a Zoom call with 15 other faces crowding the screen.

TikTok Sale Talks On Hold After Donald Trump Says Will Ban App: Reports

World News | Agence France-Presse | Sunday August 2, 2020

Negotiations for Microsoft to buy the US operations of Chinese-owned TikTok are on hold after President Donald Trump threatened to bar the social media app and came out against the sale, the Wall Street Journal reported Saturday.

US Economy Contracts 32.9% In June Quarter, Wall Street Crashes

Business | Edited by Abhik Deb (with inputs from agencies) | Thursday July 30, 2020

The drop in GDP was more than triple the previous all-time decline of 10 per cent in the second quarter of 1958

Google Extends Work From Home Through June 2021

Associated Press | Tuesday July 28, 2020

Google has decided that most of its 200,000 employees and contractors should work from home through next June, to ensure safe health for everyone amid the ongoing coronavirus pandemic.

Snapchat's Coronavirus-Led User Growth Slowed Down Sooner Than Expected

Reuters | Wednesday July 22, 2020

Snap said on Tuesday a bump in user growth at the start of coronavirus-led lockdowns petered out sooner than expected, and it forecast fewer current-quarter users than the Wall Street consensus.

Netflix, Amazon, Facebook Stocks Draw In Amateur Investors From India

Business | Nupur Acharya and Ronojoy Mazumdar, Bloomberg | Tuesday July 21, 2020

Individual investors around the world have gravitated toward the stock market during pandemic lockdowns, driving a surge in new trading accounts.

Disney Cuts Ad Spending on Facebook, Instagram Amidst Growing Boycott: Report

Reuters | Sunday July 19, 2020

Walt Disney has become the latest company to slash its advertising spending on Facebook as the social media giant faces an ad boycott over its handling of hate speech and controversial content, the Wall Street Journal reported on Saturday, citing people familiar with the situation.

US Antitrust Regulator May Question Facebook Chief: Report

World News | Agence France-Presse | Saturday July 18, 2020

US regulators may question Facebook chief Mark Zuckerberg and his right-hand executive to determine if the social network has broken monopoly laws, according to a Wall Street Journal report Friday.

SoftBank Group Explores Options for Chip Designer ARM Holdings: Report

Reuters | Tuesday July 14, 2020

SoftBank Group is exploring options including a full or partial sale or public offering of British chip designer Arm Holdings, the Wall Street Journal reported on Monday.

Sensex, Nifty Likely To Open Higher After 2-Day Gain

Business | Edited by Sandeep Singh (with inputs from agencies) | Friday July 3, 2020

Asian markets moved higher following a positive Wall Street session overnight amid strong US jobs data.

Sensex Rises Over 250 Points; Axis Bank, Reliance Industries Top Gainers

Business | Edited by Sandeep Singh (with inputs from agencies) | Friday July 3, 2020

Shares in other Asian markets moved higher following a positive Wall Street session overnight amid strong US jobs data.

Elon Musk's Extraordinary Decade As Tesla Shares Grow From $17 To $1,000

Business | Dana Hull, Bloomberg | Tuesday June 30, 2020

As Wall Street waits for Tesla to report second-quarter production later this week, here are 10 key moments that shaped its extraordinary decade

Trump's H-1B Visa Freeze May Shake Up Indian Tech Industry's Talent Model

Indians Abroad | Saritha Rai, Bloomberg | Tuesday June 30, 2020

Indian and U.S. technology companies are urging the Trump administration to reconsider an executive order freezing access to many work visas, warning the move would undermine a business model used to supply high-skill talent to clients from Wall Street to Silicon Valley.