Datadog shares soared nearly 10% after the announcement of the company’s inclusion in the S&P 500 Index, one of the most influential benchmarks in the global stock market. The surge underscores the growing importance of AI stocks and cloud-based monitoring solutions in modern tech portfolios. Datadog’s addition to the index reflects its rapid growth and…
Tesla experienced a dramatic 60% plunge in vehicle sales in Germany during June, marking one of its worst months in the country’s key electric vehicle (EV) market. The decline comes despite a broader recovery in German EV sales, underscoring Tesla’s struggle to maintain momentum amid rising competition and shifting consumer incentives. According to Germany’s Federal…
Chesnara has just made a bold move. On July 1, 2025, the UK-based insurance group announced that it’s buying HSBC’s UK life insurance business. The agreement is valued at a substantial £260 million. That’s not pocket change, and it tells us one thing: Chesnara is serious about growing. We’re seeing more and more insurance companies…
Microsoft is letting go of about 120 employees in Australia as part of its global layoff plan. This move is part of a bigger worldwide cut of nearly 9,000 jobs, or about 4% of the company’s workforce. It’s not the first time we’ve seen big tech companies take this route for Australian jobs. In fact,…
Australia stocks closed slightly lower on Wednesday as the S&P/ASX 200 index edged down by 0.02 %, reflecting cautious sentiment among investors. Despite a flat close overall, certain sectors saw notable moves, especially banks and healthcare. But what really dragged the market down? CBA shares weigh on the market One of the biggest reasons behind the…
Taichi Tech, the operator behind the UK gambling brand Fafabet, has just been fined £170,000. Why? Their terms and conditions gave them full control to close player accounts and take winnings, without a clear reason. That’s not just unfair, it’s illegal under UK gambling rules. We’re talking about a real warning from the UK Gambling…
Japan’s largest steelmaker, Nippon Steel, is preparing to secure $5.6 billion in subordinated loans to finance its highly anticipated acquisition of U.S. Steel, one of America’s most iconic steel producers. The deal, expected to reshape the global steel industry, highlights Nippon Steel’s aggressive expansion strategy and its determination to strengthen its international footprint. According to…
Garuda Indonesia is making headlines this week after confirming plans to purchase new Boeing aircraft, a move set to modernize its fleet and boost the national carrier’s competitive edge. The announcement marks a turning point for the airline as it looks to recover from years of financial struggles and reposition itself in Southeast Asia’s competitive…
Keller Group Shares dropped significantly this week, reflecting growing investor concerns after a recent downgrade and uncertainties around the company’s forward guidance. The global geotechnical contractor saw its stock fall by nearly 5 %, raising eyebrows across the market. What exactly caused this sudden shift in sentiment? Analyst downgrade sparks market reaction The key trigger was…
Kongsberg Automotive has just announced a major change. The Kongsberg Automotive cost-cutting plan includes €15 million in yearly savings. The company plans to cut €15 million in yearly costs. This step includes removing around 150 jobs, marking one of the biggest Kongsberg Automotive layoffs to date. It’s not the first time they’ve taken such…