Thousands of Oracle employees in India have received layoff notices as part of what the company described as a 'reduction in force and other terminations.' Indian outlets said between 10,000 and 12,000 employees in the country could be affected.
Fidelity Fundamental Large Cap Growth ETF (FFLG) returned 27% over the trailing twelve months, while Invesco QQQ Trust (QQQ) returned 25% and Vanguard Growth ETF (VUG) returned 21% over the same stretch.
The markets are sinking across the board as traders and investors run for the exits on technology and inflation-related fears. All three of the major stock market averages are suffering steep declines, including a 1% drop in the Nasdaq Composite alongside a nearly 2% decline in the Russell 2000 index comprised of small-cap names.
AIA tracks a concentrated index of 50 large-cap Asian equities across China, South Korea, Hong Kong, Taiwan, and Singapore. The fund captures earnings growth and valuation re-rating of Asia's largest businesses, particularly in technology and financials, without the currency hedging complexity of some regional peers. With a 0.5% expense ratio and $2.2 billion in net assets, it is a liquid, cost-accessible vehicle for the exposure.
The SPDR NYSE Technology ETF (NYSEARCA:XNTK) offers something most tech ETFs don't: equal-weighted exposure to the full technology spectrum. While mega-cap funds like QQQ concentrate 40% of assets in five stocks, XNTK spreads risk across 68.4% technology holdings with its largest position capped at 4.50%. This structure appeals to investors who want broad tech participation without betting their portfolio on a handful of trillion-dollar names.
Citing CCA's long-standing financial struggles, including "demographic shifts and a persistent structural deficit," CCA President David C. Howse called the plan "a decisive act of stewardship." Deficits? How can this be? San Francisco is dense with millionaires. It frequently boasts the highest number of billionaires anywhere. How does one of the wealthiest cities in the world lose its last and oldest progressive art school? Intentionally.
(Bloomberg/Madlin Mekelburg) A federal judge said the Trump administration can move ahead with a $100,000 fee on new H-1B visa applications, providing a setback for US technology companies that rely on hiring skilled foreign workers. US District Judge Beryl Howell said in a ruling Tuesday that President Donald Trump's effort to radically increase the cost of the popular visa is lawful.
FH One Investments acquired the Synaptics headquarters campus for $29.5 million, with a previously assessed value of $34 million, emphasizing attractive investments during market conditions.
Despite the sharp downturn due to trade concerns, the US stock market made a strong recovery driven by tech stock performance and easing trade tensions.
