🚨 Microsoft plans to lay off 3% of its workforce, according to a report by CNBC. This decision marks a significant reduction in the company's employee count as it navigates current economic challenges. Further details on the affected departments and the timeline for the layoffs have yet to be revealed. The move reflects ongoing adjustments in the tech industry as companies streamline operations.
🇺🇸🇸🇦 Major tech companies including Google, DataVolt, Oracle, Salesforce, AMD, and Uber have committed to investing $80 billion in advanced transformative technologies in the United States and Saudi Arabia as part of a new deal, according to the White House.
🇷🇺 EN+ reports a profit of 6.8 billion rubles for the first quarter of 2025 under RAS, a significant turnaround from a loss in the same period last year.
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✨ eToro's IPO sees significant oversubnoscription, indicating strong investor interest. The trading platform, known for its cryptocurrency services, has attracted considerable attention ahead of its public offering. With the growing trend in digital asset trading…
✨ EToro is expected to conduct its IPO above the upper limit of the anticipated range due to strong demand. This development positions the company favorably in the competitive landscape, particularly against rivals like Robinhood. Investors are eagerly watching the situation unfold as EToro aims to capitalize on its market momentum. For more details, visit Bloomberg.
🤖 Elon Musk announced that they have just showcased the Tesla Optimus robots to former President Donald Trump and Saudi Crown Prince Mohammed bin Salman.
⚠️🇺🇸🇷🇺 New US sanctions against Russia could be the toughest yet if there is no progress in negotiations, according to Kellogg. The potential measures highlight the ongoing geopolitical tensions and the urgency for resolution in the Ukraine conflict. As the situation develops, the international community watches closely for any signs of diplomatic breakthroughs.
🥔 Supplies of potatoes from Egypt to Russia have increased 4.6 times this year, according to the Institute for Agricultural Market Studies (IKAR).
🌍 Knot from the ECB stated that there are no alternatives to the US dollar for many of its functions, emphasizing that the dethroning of the dollar is still a distant prospect. Earlier, Macron expressed confidence that the euro has the potential to replace the US dollar as the world's primary reserve currency.
⚡️🇷🇺 Analysts have stated that individuals could have been happy and wealthy if they had not shorted the ruble throughout the year. This insight reflects the ongoing challenges faced in the currency market and the impact of trading strategies on personal finance. For further details, visit this link: link.
📈 "Lenta" plans to unveil a new strategy in the third quarter, according to the company's IR Director. For more details, visit their website.
💥🇺🇸🇦🇪 The United States is considering allowing the UAE to purchase over one million advanced chips from Nvidia.