Microsoft Offers Buyouts to About 7% of US Workers
Microsoft Corp. is offering voluntary retirement to thousands of its employees in the US. About 7% of the US workforce will be eligible for the buyouts, according to a person familiar with the planning. Microsoft has never previously done buyouts of this scale, said...Goldman Issues Stark Message on S&P 500
AI-linked stocks now make up nearly 45% of the S&P 500, a rise that shows how far the market has leaned into the artificial intelligence trade since late 2022, according to a Wednesday Goldman Sachs note. Nvidia (NASDAQ:NVDA) and other large AI names have helped...Dip Buyers Are Running Back to Stocks Despite $100 Oil
The reflex to buy stocks is kicking back into gear. Market Snapshot Brent crude oil futures $104.02 +2.1% S&P 500 futures 7,134.00 -0.5% Stoxx Europe 600 Index 611.11 -0.5% South Korea Kospi Index 6,475.81 +0.9% US 10-year Treasury yield 4.32% +0.02 Market data as...India Contracts Fertilizer at Nearly Double Pre-War Price
India, the world’s top importer of urea, has booked the nitrogen-based fertilizer at sharply higher prices than in a previous tender as the Middle East conflict disrupts supplies and pushes global benchmarks higher. Indian Potash Ltd., which imports the crop nutrient...Protected: Passing of TEST Locks in $10B Valuation for RYPPLZZ
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