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Alphabet has unveiled plans to invest between $175 billion and $185 billion in capital expenditures (capex) in 2026, marking a dramatic escalation in spending driven primarily by intensifying competition in artificial intelligence (AI). The projected outlay represents a near doubling of its 2025 capex of $91.4 billion and a sharp increase from $52.5 billion in…
Influencer marketing isn’t just a buzzword anymore; it’s a force reshaping how people discover and buy products. A recent report found that 95% of shoppers who bought a product recommended by an influencer usually do extra research before buying, showing that influencers don’t just spark interest; they start the shopping journey. What the 95% Statistic…
Cognizant, one of the world’s leading IT services firms, has surprised its workforce and the industry with a major bonus move. The company will fund its discretionary bonus program at 100% for 2025 after beating growth targets ahead of schedule. This has made headlines across business news today and is a big win for employees….
In early February 2026, US senators unveiled a major funding plan tied to President Donald Trump’s critical minerals strategy. The goal is clear: strengthen America’s supply of essential raw materials. These include minerals like lithium, rare earths, cobalt, and nickel. They are critical for defense, electric vehicles, clean energy, and high‑tech manufacturing. This push comes…
Veradermics just made a big splash in the biotech world. We’re talking about a $256 million initial public offering (IPO) that positions this company at the forefront of hair loss science. The stock began trading above its expected range, showing strong investor confidence in a business built to tackle one of the most widespread dermatology…
In a major move across the world’s data center industry, STT GDC, short for ST Telemedia Global Data Centres, is being fully acquired by a consortium led by U.S. private equity giant KKR and Singapore’s biggest telecom operator, Singtel. The deal is worth S$6.6 billion (about $5.2 billion) and marks one of the largest technology infrastructure…
Disney is entering a major turning point. Bob Iger, the CEO who reshaped the company with blockbuster acquisitions and global expansion, is set to step down before the end of 2026. His departure opens doors for fresh leadership, new strategies, and growth opportunities, but also brings challenges in streaming, parks, and investor confidence. Iger’s Legacy…
We’ve just seen one of the biggest shakeups in U.S. retail. Saks Global, the parent of Saks Fifth Avenue, just unveiled wide‑ranging closures of its discount outlet brands, Saks OFF 5TH and Last Call. This comes as part of a larger restructuring tied to Chapter 11 bankruptcy. Saks OFF 5TH and Last Call Overview Details of the…
Gold prices are attracting strong attention globally. On India’s Multi-Commodity Exchange (MCX), gold futures have surged nearly 7% in recent trading sessions, pushing rates to new record highs per 10 grams. This sharp rise reflects heightened investor demand and ongoing market uncertainty, making gold a focal point for both domestic and international markets. Current Gold Price…
In a surprising move on January 28, 2026, Amazon announced it will cut about 16,000 corporate jobs worldwide, its second major round of layoffs in just three months. This comes even as the company continues to report strong business performance and invests heavily in emerging technologies. The cuts follow a previous reduction of 14,000 roles…