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Allbirds pivots from sneakers to AI infrastructure, rebrands as NewBird AI

Allbirds on Wednesday announced that the company will pivot from making sneakers to providing computing…

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Snap lays off roughly 1,000 employees as tech firm restructures workforce

Snap on Wednesday announced plans to lay off roughly 1,000 employees as the tech company…

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Why index funds and ETFs beat picking individual stocks for most investors

When introduced to investing, many market participants learn about the benefits of owning individual equities.…

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Citigroup says US ETF assets could hit $25T in assets by 2030

Assets under management for U.S. exchange-traded funds could more than double to $25 trillion by…

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BlackRock seeks SEC approval for new iShares Nasdaq-100 ETF

BlackRock has filed for an exchange-traded fund that will track the Nasdaq-100, in a challenge…

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Goldman Sachs expands its active ETF business with Innovator Capital deal

Goldman Sachs said on Thursday it has completed the acquisition of active exchange-traded fund provider…

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Oracle names new CFO as thousands of layoffs reported at tech giant

Oracle on Monday announced it hired a new chief financial officer after the software giant…

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Meta to lay off about 200 workers in San Francisco Bay Area in May

Tech giant Meta is planning to move forward with laying off about 200 employees in…

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Saks Global secures $500M deal and eyes Chapter 11 exit this summer

The parent company of luxury retailer Saks announced Thursday that it entered into a restructuring…

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US releases 10M barrels from SPR as oil prices top $112 per barrel

As the conflict in Iran intensifies with no immediate end in sight, the U.S. Department…

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