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Global Stock Market

Amazon to Cut Thousands More Jobs as Generative AI Reshapes Workforce

Amazon has announced another major round of layoffs as it accelerates its shift toward generative artificial intelligence and continues to streamline a workforce that ballooned during the pandemic. Beth Galetti, Amazon’s senior vice president of human resources, said in a blog post on Wednesday that the company has been “reducing …

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Fed Watch Meets Earnings Firepower: Markets Brace for a Defining Week

Global markets are entering a pivotal week marked by heightened caution and selective optimism, as investors await the U.S. Federal Reserve’s interest rate decision and closely scrutinize the tone of Chair Jerome Powell’s post-meeting remarks. While policymakers are widely expected to keep rates unchanged within the 3.50%–3.75% range, the real …

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Asian Markets Rise Ahead of Fed Decision and “Magnificent Seven” Earnings

Asian stock markets advanced on Tuesday, tracking modest overnight gains on Wall Street as investors positioned for a pivotal week marked by major U.S. technology earnings and a closely watched Federal Reserve meeting. U.S. equity benchmarks ended slightly higher in the previous session, while futures linked to the Nasdaq extended …

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Wall Street Futures Ease Ahead of Fed Decision and Big Tech Earnings

U.S. stock index futures edged lower on Monday as investors prepared for a pivotal week dominated by the Federal Reserve’s policy meeting, major corporate earnings, and rising geopolitical uncertainty. Dow Jones futures slipped 0.1%, S&P 500 futures fell 0.1%, while Nasdaq 100 futures underperformed with a 0.3% decline. Wall Street …

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Weekly market wrap: geopolitical tensions, US Economic data ahead of Fed’s decision

Last week witnessed significant developments on the geopolitical front, alongside key indicators of U.S. economic performance and notable updates from the Davos Economic Forum. At the start of the week, financial markets were dominated by concerns over geopolitical tensions, particularly the renewed fears of a trade dispute between the United …

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